(Petrobras, 12.Sep.2024) — Petrobras informs that a favorable final arbitration award has been handed down in one of the arbitrations taking place before B3’s Market Arbitration Chamber (CAM). This arbitration was initiated by an association and was intended to be collective, trying to encompass all Petrobras shareholders who acquired shares on B3 between 22 Jan. 2010 and 28 Jul. 2015.
The ruling extinguished the arbitration process on the grounds that, under Law 7.913/89, an association does not have the standing to act as a substitute for shareholders. This arbitration is confidential, as are the others in progress.
Petrobras reiterates that it will continue to defend itself vigorously, in respect for its shareholders, in all arbitrations to which it may become a party.
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