Petrobras authorizes resuming negotiations with Sete Brasil

Rio de Janeiro, June 23, 2017 – Petróleo Brasileiro S.A. – Petrobras informs that its Executive Board has authorized the Company to resume negotiations with Sete Brasil Participações S.A. (currently under judicial reorganization at the 3rd Business District Court of Rio de Janeiro),  at the request of Sete Brasil.

Any result of these negotiations will be subject to the corporate governance and compliance standards of Petrobras, as well as approval by its relevant bodies.

Facts deemed material in this issue will be timely communicated to the market.

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