Petrobras releases teasers for the sale of refining and logistics assets in the country June 27, 2022

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Petrobras releases teasers for the sale of refining and logistics assets in the country

Rio de Janeiro, June 27, 2022 – Petróleo Brasileiro SA – Petrobras, following the press releases released on 02/08/2021, 08/25/2021 and 10/01/2021, informs that today it has restarted the processes of the sale of Refinaria Abreu e Lima (RNEST), in Pernambuco, Refinaria Presidente Getúlio Vargas (REPAR), in Paraná, and Refinaria Alberto Pasqualini (REFAP), in Rio Grande do Sul, as well as the logistics assets integrated into these refineries.

Teasers, which contain key asset information and selection eligibility criteria

potential participants, are available on the Petrobras website: https://www.investidorpetrobras.com.br/en/results-and-notices/teasers.

Further key milestones in the sale process for these three refineries will be communicated to the market in due course.

Petrobras’ refining divestiture plan represents approximately 50% of national refining capacity, totaling 1.1 million barrels per day of processed oil, and contemplates the full sale of the following assets: Abreu e Lima Refinery (RNEST) , Shale Industrialization Unit (SIX), Landulpho Alves Refinery (RLAM), Gabriel Passos Refinery (REGAP), Presidente Getúlio Vargas Refinery (REPAR), Alberto Pasqualini Refinery (REFAP), Isaac Sabbá Refinery (REMAN) and Lubrificantes e Derivados of Petróleo do Nordeste (LUBNOR), as well as the logistics assets integrated into these refineries.

The sale of these eight refineries is being conducted in accordance with Decree 9,188/2017 and Petrobras’ divestiture methodology, through independent competitive processes, which are at various stages, as widely disclosed by the company. The operations are in accordance with Resolution No. 9/2019 of the National Energy Policy Council, which established guidelines for the promotion of free competition in the refining activity in the country, and incorporates the commitment signed by Petrobras with CADE in June 2019 for the opening of the refining sector in Brazil.

Petrobras completed the sale of RLAM on 11/30/2021 and the REMAN, LUBNOR and SIX refineries have already signed their purchase and sale agreements and are awaiting the fulfillment of the previous conditions, including obtaining regulatory approvals , to be concluded. REGAP, meanwhile, is in the binding phase.

www.petrobras.com.br/ri

For more information:

PETRÓLEO BRASILEIRO SA – PETROBRAS | Investor Relations Email: [email protected]/[email protected] Av. Henrique Valadares, 28 – 19th floor – 20031-030 – Rio de Janeiro, RJ. Such. : 55 (21) 3224-1510/9947 | 0800-282-1540

This document may contain forecasts within the meaning of Section 27A of the Securities Act of 1933, as amended (the Securities Act), and Section 21E of the Securities Trading Act of 1934, as amended (the Trading Act) which reflect the expectations of the Company’s managers. . The terms: “plans”, “believes”, “expects”, “predicts”, “intends”, “plans”, “projects”, “aims”, “should” and similar terms, are intended to identify such forecasts, which clearly involve risks or uncertainties, whether or not foreseen by the Company. Accordingly, the future results of the Company’s operations may differ from current expectations, and the reader should not rely solely on the information contained herein.

Refining disposals are aligned with the company’s portfolio management strategy and improving the company’s capital allocation, aimed at maximizing value and better return to the company.

This material is provided in accordance with Brazilian regulatory requirements, does not constitute an offer under United States securities laws, and is not a solicitation, invitation, or offer to buy or sell securities. Information on our website is not and should not be considered part of this report on Form 6-K.

www.petrobras.com.br/ri

For more information:

PETRÓLEO BRASILEIRO SA – PETROBRAS | Investor Relations Email: [email protected]/[email protected] Av. Henrique Valadares, 28 – 19th floor – 20031-030 – Rio de Janeiro, RJ. Such. : 55 (21) 3224-1510/9947 | 0800-282-1540

This document may contain forecasts within the meaning of Section 27A of the Securities Act of 1933, as amended (the Securities Act), and Section 21E of the Securities Trading Act of 1934, as amended (the Trading Act) which reflect the expectations of the Company’s managers. . The terms: “plans”, “believes”, “expects”, “predicts”, “intends”, “plans”, “projects”, “aims”, “should” and similar terms, are intended to identify such forecasts, which clearly involve risks or uncertainties, whether or not foreseen by the Company. Accordingly, the future results of the Company’s operations may differ from current expectations, and the reader should not rely solely on the information contained herein.

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