Petrobras Approves Dividends Payment

(Petrobras, 22.Jul.2020) — Petrobras informs that, in a meeting held today, the Annual General Meeting approved dividends to shareholders in the amount of R$ 1.7 billion for common shares (R$ 0.233649 per share) and R$ 2.5 million for preferred shares (R$ 0.000449 per share) outstanding, based on the 2019 annual result.

These values were approved updated by the variation of the SELIC rate from 12/31/2019 to 07/22/2020, which represented an increase in common shares of R$ 0.004420 per share and an increase in preferred shares of R$ 0.000008 per share. Thus, the total amount distributed to shareholders will be R$ 0.238069 per common share and R$ 0.000457 per preferred share.

The payment will be made on December 15, 2020 and shareholders will be entitled to this dividend as follows:

— The record date for owners of Petrobras shares traded on the B3 will be July 22, 2020 and for holders of American Depositary Receipts (ADRs) traded on the New York Stock Exchange – NYSE will be July 24, 2020.

— Petrobras’ shares will be traded ex-dividends on B3 and NYSE as of July 23, 2020. Petrobras Shareholder Compensation Policy can be accessed on the company’s website (http://www.investidorpetrobras.com.br/en).

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