Petrobras Receives Letter from Economy Ministry about Dividends

(Petrobras, 25.Jul.2022) — Petrobras, regarding the news published in the media, confirms that it received, on 06/22/2022, a letter from the Special Secretary of the Treasury and Budget of the Ministry of Economy regarding the payment of dividends.

The company clarifies that, in its response, it informed that all the requests in the referred letter were already included in its Shareholder Remuneration Policy (Policy), approved in 2019 and improved in October 2020 and November 2021, available on the Investor Relations website and through this link.

The company informs that its decisions on shareholder remuneration follow the legal and statutory rules, as well as are always aligned with its Policy.

Regarding the practice of quarterly remuneration, set in the Policy, in view of the financial results of the first quarter of 2022, the Board of Directors deliberated and approved the payment of dividends, as per the Press Release of 05/05/2022, whose installments were paid on 06/20/2022 and 07/20/2022.

No decision has been made yet regarding new dividend payments in 2022. The financial results of the second quarter will be disclosed on July 28, 2022, at which occasion the Board of Directors may also resolve on possible payments of dividends, in accordance with the quarterly frequency established in the Policy. All decisions will be made in line with the Policy, always respecting the principles of perenniality and financial sustainability in the short, medium and long term.

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