At [B] ³ Petrobras shares are traded under the tickers PETR3 (common shares – ON) and PETR4 (preferred shares – PN).

On international exchanges, common and preferred shares are traded under the following codes: PBR and PBRA in the United States; and XPBR and XPBRA in Spain.

Petrobras ‘common share (ON – symbol in [B] ³: PETR3) allows the exercise of voting rights at Shareholders’ Meetings.

The preferred share (PN – symbol in [B] ³: PETR4) is not entitled to vote. In return, the holders of preferred shares have other advantages, among which it is possible to highlight the right to receive their dividend as a priority and in the minimum percentages established in the Bylaws, as long as the Company calculates profit in the fiscal year.

Trading must be done through brokers, which carry out buy and sell orders at [B] ³. To find out about the banks or brokers registered with [B] ³ visit the page ( http: //www.b3.com.br ).

Most large commercial banks have brokers authorized to operate in the financial market. However, by regulatory determination, the broker is a legally separate entity from the bank. When you “trade shares through a bank,” you are actually trading through the bank’s broker. The rules that apply to these brokers are the same as the others.

Custody is the custody (and related services) of bonds, securities and financial assets, such as stocks, for example. The custodian registers the shares in the name of those who bought them, guaranteeing their ownership. Petrobras ‘shares may be held in custody directly at Banco Bradesco, Petrobras’ primary custodian or in the Brazilian Liquidation and Custody Company (CBLC), when the investment is made through a securities broker.

Generally, shares are traded according to a standard lot, in quantities fixed by the stock exchange. In the case of Petrobras, the standard lot is 100 shares. There is, however, the possibility of trading fewer shares than the standard lot, in the so-called fractional market, where the codes of Petrobras shares are PETR3F and PETR4F.

Banco Bradesco, which is the managing agent of Petrobras’ share system, sends the statement of its shareholding position to the shareholder address, when shares are moved, when dividends are paid and for income tax purposes. For this reason, it is essential that the shareholder update his address at any branch of Bradesco. In addition, the shareholder may, at any time, attend a branch of Banco Bradesco and request an extract of its shareholding position in Petrobras.

More information can be obtained through Banco Bradesco’s call center: 0800 701 1616

Shareholders who bought shares through a securities broker should consult their position with the institution through which the investments were made.

The registration data must be updated with Banco Bradesco, the depository institution for the book-entry shares of Petrobras. To do so, just look for any branch of Banco Bradesco, in possession of your personal documents.

More information can be obtained through Banco Bradesco’s call center: 0800 701 1616

Shareholders who bought shares through a stockbroker must update their data with the institution through which the investments were made.

Petrobras mandatorily allocates 25% of its Adjusted Net Income to shareholders.

Petrobras’ current Shareholder Remuneration Policy, approved by the Board of Directors on 07/28/2023, establishes the payment of minimum annual remuneration of US$4 billion for years in which the average Brent price is higher than US$40/bbl, which may be distributed quarterly, regardless of its indebtedness level, provided that the principles outlined in the Policy are observed.

In the event gross debt is equal to or lower than the maximum indebtedness level defined in the strategic plan in force, and the accumulated positive net income, reported in the last quarterly result calculated and approved by the Board of Directors, the Company must distribute 45% of the consolidated free cash flow to its shareholders, provided that this amount is higher than the value established for the payment of the minimum annual compensation of US$4 billion and does not compromise the Company’s financial sustainability:

The Company may, in exceptional cases, distribute extraordinary remuneration to shareholders, exceeding the legal and mandatory minimum dividend and/or the amounts established above, provided that its financial sustainability is preserved. Also, exceptionally, the Company may remunerate shareholders even if it does not record net income, provided that it complies with the rules of Brazilian Corporation Law.

The minimum annual remuneration will be equivalent for both common and preferred shares, provided that it exceeds the minimum value for preferred shares, as outlined in the Bylaws, in which case they will have priority in the event of capital reimbursement and payment of dividends, of at least 5% (five percent), calculated on the portion of the capital represented by this type of share, or 3% (three percent) of the share’s net asset value, whichever is higher, participating, on equal terms with the common shares, in capital increases arising from incorporation of reserves and profit.

To receive dividends, the shareholder must keep their registration details updated with Banco Bradesco (Petrobras’s bookkeeping bank) or their securities brokerage firm, as well as be aware of the three-year expiration from the date they were made available to shareholders, under Brazilian Corporation Law.

Click here to access the Shareholder Remuneration Policy in full.

For those shareholders whose shares are held in custody directly at Banco Bradesco, dividends and interest on equity will be deposited directly into their checking account. If you have not received your dividends, your current account data is likely to be out of date. To update them, just look for any branch of Banco Bradesco, in possession of your personal documents.

Shareholders who have their investments in a securities broker will receive in their account with that institution.

American Depositary Receipt (ADR) is a certificate, issued by North American banks, that represents shares in a company outside the United States. Many Brazilian companies have their shares traded on the New York Stock Exchange (NYSE) through this instrument. The company gains visibility in the international market and may find it easier to raise funds abroad, through a loan or even by issuing new shares.

Petrobras’ ADRs are traded on the New York Stock Exchange under the codes PBRA (preferred shares) and PBR (common shares).

For more information on ADR, visit the JP Morgan Chase Bank page, which is the agent custody of these Petrobras papers in the USA.

ADR-ratio is the number of shares represented by a single ADR. In the case of Petrobras’ ADRs (both ordinary and preferred), this ratio is 1 to 2 (one ADR is represented by two shares).

Only investors who have an account abroad (individual or legal entity) can buy and sell ADRs. The opening of the account by a Brazilian citizen is lawful, as long as it is declared and respects the national taxation rules. Sending money abroad can only be done through financial institutions accredited to operate foreign exchange and, if the amount exceeds US $ 10,000, the Central Bank of Brazil must be informed.

The depositary for Petrobras’ ADR program on the NYSE is JP Morgan Chase Bank. As depositary, JP Morgan Chase Bank issues the ADR, maintains the registration of the owners, records the trades and distributes the dividends in dollars to the holders of the ADRs.

More information about Petrobras’ ADR program can be obtained directly through the depositary bank: www.adr.com