Closing of the Public Offering of Petrobras Distribuidora Shares

Rio de Janeiro, December 22, 2017 – Petróleo Brasileiro S.A. – Petrobras reports the closing, on this date, of the Public Offering for secondary distribution of 334,937,500 common shares issued by Petrobras Distribuidora S.A. (BR), pursuant to CVM Instruction CVM 358/2002 and article 29 of CVM Instruction 400/2003 (“Offering”).

The total number of shares already takes into account 43,687,500 shares of the Supplementary Lot sold by the Selling Shareholder within the Offering, under the same conditions and prices as the Shares initially offered, for the price of R$ 15.00 per share, which were settled on 12/21/2017, to meet the excess in demand noted during the Offering, pursuant to article 24 of CVM Instruction 400. With the settlement of the Supplementary Lot shares, the total amount of the Offering is now R$ 5,024,062,500.00.

Additional information can be found at the Notice of Closing (Anúncio de Encerramento), available at the website of CVM ( or Petrobras (, in Portuguese.

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