Petrobras Prepayment of bank debts

Rio de Janeiro, May 11, 2018 – Petróleo Brasileiro S.A. – Petrobras informs that has made the following debt prepayments: i) US$ 300 million, on 04/26/2018, with Banco Safra, due in January 2023; and ii) US$ 600 million, on 05/10/2018, with JP Morgan Bank, with expiration date in September 2022.

Petrobras will continue to evaluate new pre-payment opportunities, according to its liability management strategy, taking into account its deleveraging target set forth in its 2018-2022 Business and Management Plan.

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