Petrobras On Letter From Mines And Energy Ministry

(Petrobras, 19.Feb.2021) — Petrobras informs that it received a letter from the Ministry of Mines and Energy, requesting measures to convene an Extraordinary General Meeting in order to promote the election and replacement of a Board of Directors member, and to appoint Joaquim Silva e Luna to replace Roberto da Cunha Castello Branco.

Additionally, the Federal Government proposes, due to the last Annual General Meeting that has adopted multiple voting, that all members of the Board of Directors should be immediately reappointed in the Extraordinary General Meeting to fulfill the rest of their respective terms.

The letter also requests Joaquim Silva e Luna to be subsequently evaluated by Petrobras Board of Directors for the position of CEO. Petrobras clarifies that the CEO Roberto Castello Branco and the other Executive Officers of the company have a mandate in effect until 20 March 2021.