Termination of Contract for FPSO Cidade Santos Acquisition

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(Enauta, 1.Jul.2024) — Enauta Participações, considering the Material Fact disclosed on 21 Dec. 2023, informs that it has notified MODEC of the termination of the contract to acquire FPSO Cidade de Santos, as provided by contract, which also provides for reimbursement to Enauta of 50% of the amount disbursed at signing, approximately US$3.6mn.

Enauta is discussing with Petróleo Brasileiro S.A. the implications of this decision considering the ongoing acquisitions of Uruguá and Tambaú oil and gas fields and the natural gas pipeline from these fields to Mexilhão field, where it connects to Route 1 pipeline.

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