Rio de Janeiro, Brazil – February 26, 2018 – Petróleo Brasileiro S.A. – Petrobras (“Petrobras”) (NYSE: PBR) announces that its wholly-owned subsidiary Petrobras Global Finance B.V. (“PGF”), further to the announcement released in February 22, 2018, has concluded the redemption of its USD 3.000% Global Notes due 2019, EUR 3.25% Global Notes due 2019 and USD 7.875% Global Notes due 2019.

The total amount of the redemption of the notes was equivalent to approximately US$ 2.14 billion, not including accrued interest and considering an exchange rate of US$1. 2337/€ for the euro notes. The redemption was funded with the proceeds of the notes offering completed on February 01, 2018.