Petrobras on next steps towards electing its new CEO

Petrobras clarifies that the appointment of Ms. Magda Maria de Regina Chambriard to the positions of CEO of the company and member of the Board of Directors of Petrobras, within the company's governance process, will undergo analysis of the integrity and human resources areas of Petrobras and will then be submitted for evaluation by the People Committee (COPE) of the Board of Directors, a process that generally takes up to 15 days.

Once the COPE assessment has been completed, the Board of Directors, by virtue of Law 6,404/76, article 150 c/c final part of §3 of article 141 of the same Law, as well as by virtue of the company's Bylaws, article 25, will assess the appointment of the nominee for the position of member of the Board of Directors. Once appointed, the nominee will serve on the Board until the first General Meeting that occurs – at this time, with no Meeting scheduled before that, until the Annual General Meeting of 2025.

At the same meeting that considers the appointment of Ms. Magda Chambriard as a member of the Board of Directors, the Board will also consider her election as CEO of Petrobras, an act within the competence of the Board of Directors under the terms of article 142, II, of Law 6,404/ 76; and articles 20 and 30, V, of the company's Bylaws, and it is not necessary to call a Shareholders' Meeting for this purpose.

Facts deemed relevant will be disclosed to the market in a timely manner.