Brazil’s State Oil Giant Petrobras Cancels Dividend

(Petrobras, 8.Apr.2020) — Petrobras informs, in addition to the press release  disclosed on 7 April 2020 about cancellation of the Annual General Meeting (AGM), that all the dates related to the payment of dividends based on the 2019 annual result are being cancelled, in the amount of R$ 1.7 billion (R$ 0.233649 per common share and R$ 0.000449 per preferred share), as well as the dividend record dates of the shares traded on the B3, the record date for holders of American Depositary Receipts (ADRs) traded on the New York Stock Exchange (NYSE) and the dates of ex-dividends in both markets are also cancelled.

The company will propose the maintenance of the dividend payment date at 12/15/2020, in accordance with the company’s internal competent bodies. All dates will be included in the Management Proposal to be disclosed in due course when the AGM is called.

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