Petrobras on Divestment of Araucária Nitrogenados S.A.

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(Petrobras, 19.Dec.2022) — Petrobras, following up on the release disclosed on 30 October 2020, informs that, observing the applicable internal governance, the termination of the competitive process for the sale of all its shares in the wholly owned subsidiary Araucária Nitrogenados S.A. (ANSA), which was in the binding phase,  was approved.

Petrobras will evaluate its next steps related to the divestment of the concerned asset and reinforces its commitment to the broad transparency of its divestment projects and portfolio management.

About ANSA – Araucária Nitrogenados S.A.

ANSA has a nitrogen fertilizer plant located in Araucária, in the state of Paraná. With a production capacity of 1,975 t/day of urea and 1,303 t/day of ammonium, the plant is currently mothballed.

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