Petrobras on Non-renewal of Vibra Trademark License

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(Petrobras, 10.Jan.2024) — Petrobras notified Vibra Energia S.A. that it has no interest in extending the term of the company’s current trademark license agreement, which began on 28 Jun. 2019 and will end on 28 Jun. 2029.

This agreement will remain in force, subject to the contractual terms and conditions. The non-renewal of the license will allow for the possible evaluation of new brand management strategies and business opportunities for Petrobras. Any decision will comply with the company’s governance.

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