Petrobras revises CAPEX projection for 2024

Petrobras, pursuant to CVM Resolution No. 44/21, informs that its total CAPEX projection for 2024 has been revised to a range of investments between US$ 13.5 billion and US$ 14.5 billion, considering mainly a new CAPEX for the E&P segment of US$ 11.1 billion to US$ 12.1 billion for this year. This level of investment does not impact the oil and gas production curve and represents an increase of 7% to 15% compared to the total CAPEX of the company in 2023.

The new projection is based on information available to the company at the moment, and it is important to highlight that the statements and information about the company's future contained in this Material Fact should not be interpreted as guarantees or promises of performance, and they are subject to risks and uncertainties associated with the economic, regulatory, and competitive conditions of the countries in which Petrobras operates, as well as its strategic and operational decisions.