Sale of Liquigás: Receipt of Contractual Fine

03/14/2018

Rio de Janeiro, March 14, 2018 - Petróleo Brasileiro S.A. – Petrobras, further to the Material Fact published on 02/28/2018, hereby informs that it received yesterday from Companhia Ultragaz SA the contractual fine payment of R$ 286.2 million, due to the disapproval by the Court of the Administrative Council of Economic Defense (CADE) of the sale of Liquigás Distribuidora SA, a wholly-owned subsidiary of Petrobras.

Petrobras reiterates that it is analyzing alternatives for the divestment of Liquigás, which remains in the partnership and divestment program of the company, according to its Strategic Plan.