Petrobras On Approval Of Dividend

(Petrobras, 14.Apr.2021) — Petrobras, following up on the release disclosed on 24 February 2021, informs that, in a meeting held today, the Annual General Meeting approved the proposal for allocation of the 2020 fiscal year results forwarded by the Board of Directors, of remuneration to shareholders in the form of dividends in the amount of R$ 10.272bn, corresponding to R$0.787446 per outstanding common and preferred share.

This value will be updated by the variation of the SELIC rate from 31 December 2020 until the payment date on 29 April 2021. Until today 14 April 2021 this represented an increase of R$0.004566 per share, resulting in a total value of R$0.792012 per share.

The payment of said dividend will take place on 29 April 2021 and the shareholders will be entitled to this dividend as follows:

1. The record date for owners of Petrobras shares traded on the B3 will be 14 April 2021 and for holders of American Depositary Receipts (ADRs) traded on the New York Stock Exchange – NYSE will be 16 April 2021.

2. Petrobras’ shares will be traded ex-dividends on B3 and NYSE as of 15 April 2021.

Petrobras Shareholder Compensation Policy can be accessed on the company’s website (http://www.investidorpetrobras.com.br/en).

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