Petrobras Updates about Braskem

Instant Max AI Immediate Frontier

(Petrobras, 6.May.2024) — Petrobras informs, according to the notices to the market published on 09/18/2023, 08/22/2023, 08/14/2023 and 07/10/2023, that it is conducting due diligence on Braskem for the possible exercise of tag along or preemptive rights, in the event of the sale of the shares held by Novonor in Braskem, according to the rules set forth in the Shareholders’ Agreement between Petrobras and Novonor.

To date, there has been no decision by Petrobras’ Executive Board or Board of Directors on the matter.

Petrobras reiterates that decisions on investments and divestments are based on careful analysis and technical studies, in compliance with governance practices and applicable internal procedures.

The company reinforces its commitment to broad transparency and informs that relevant facts will be disclosed to the market.

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