RIO DE JANEIRO, BRAZIL (BY PETROBRAS, 23.Jun.2026, Words: 425) — PETROBRAS, through its wholly-owned subsidiary Petrobras Global Finance B.V. (PGF), delivered notices to the holders of the outstanding 7.375% Global Notes due 2027 (the “Notes”) announcing the redemption price for the Notes.
As previously announced, the redemption date for the Notes will be 26 Jun. 2026 (the “Redemption Date”).
Payment on the Notes will be made prior to 3:00 pm New York City time on the business day preceding the Redemption Date by credit to the account of The Bank of New York Mellon (the “Trustee”), as paying agent for the Notes.
The Trustee will cause funds to be paid to The Depositary Trust Company for further payment to its participants in the aggregate amount of US$680,754,037.51 (or approximately US$1,016.037154 per US$1,000 principal amount of the Notes), which constitutes the redemption price for the Notes. The redemption price includes a make-whole premium of US$10,745,037.51 (or approximately US$16.037154 per US$1,000 principal amount of the Notes). In addition to the redemption price, holders will receive accrued and unpaid interest on the principal amount of the Notes from January 17, 2026 to (but not including) the Redemption Date in the amount of US$21,824,147.32 (or approximately US$32.572917 per US$1,000 principal amount of the Notes).
On the Redemption Date, the redemption prices, including accrued and unpaid interest, will become due and payable. Interest on the Notes will cease to accrue on and after the Redemption Date. Upon the redemption, the Notes and the related guaranty by Petrobras will be cancelled and any obligation thereunder extinguished.
PGF intends to fund the amounts necessary to redeem the Notes with available cash on hand.
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