Petrobras on shareholders remuneration

Petrobras, following the press release disclosed on March 1, 2023, informs that, in a meeting held today, the Annual General Meeting (AGM) approved the distribution of dividends relating to the 2022 fiscal year in the amount of R$17.06202044 per outstanding share (common or preferred). This amount includes payments already made throughout 2022 and the supplementary dividend to be paid as of May 19, 2023.

The supplementary dividend is equivalent to R$ 2.74573369 per outstanding share (common or preferred). Considering the monetary adjustment at the SELIC rate from 12/31/2022 to today, this amount has an increase of R$ 0.11382822 per share. Thus, the total gross amount to be distributed to shareholders, considering the monetary restatement to date, is equivalent to R$ 2.85956192 per share.

The payment of said supplementary dividend will be made in two installments, as follows:

(i) the first on May 19, 2023, in the amount of R$ 1.42978096 per share (common or preferred) in circulation, for holders of shares issued by Petrobras traded on B3, and from May 26, 2023, for holders of American Depositary Receipts (ADRs) traded on the New York Stock Exchange – NYSE.

(ii) the second on June 16, 2023, in the amount of R$ 0,91106456 per share (common or preferred) in circulation, for holders of shares issued by Petrobras traded on B3, and from June 23, 2023, for holders of American Depositary Receipts (ADRs) traded on the New York Stock Exchange – NYSE.

(ii) the third on December 27, 2023, in the amount of R$ 0,51871639 per share (common or preferred) in circulation, for holders of shares issued by Petrobras traded on B3, and from January 04, 2024, for holders of American Depositary Receipts (ADRs) traded on the New York Stock Exchange – NYSE.

The amounts of the three installments will continue to be updated by the variation of the Selic rate until the date of the actual payments.

Shareholders will be entitled to remuneration, as follows:

1. Record date for holders of shares issued by Petrobras traded on B3 will be today and the record date for holders of ADRs will be May 1, 2023.

2. Petrobras shares will be traded ex-rights on B3 and ADRs on NYSE as of tomorrow, April 28, 2023.