Petrobras Says Not Conducting Transactions in Private Market

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(Petrobras, 9.May.2023) — Petrobras, in clarification to the pieces of news released by the media, informs that it is not conducting any sales transaction structuring in the private market and that it does not take part in the negotiations mentioned in the articles published in the media.

Additionally, is not true the information that the company is discussing a partnership with the Mubadala fund to exchange shares of the Mataripe refinery, in Bahia, for Braskem shares.

Petrobras clarifies that all actions related to its participation in Braskem require careful analysis from a portfolio management perspective and must be conducted in compliance with governance practices and the applicable internal procedures.

The company reinforces its commitment to the broad transparency of its divestment processes and portfolio management and that material facts will be timely disclosed to the market.

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