Petrobras Investment Opportunities – Teasers

Rio de Janeiro, May 23, 2018 – Petróleo Brasileiro S.A. – Petrobras informs that, due to the constant pursuit for improvement of its corporate rules, it has made adjustments to the criteria for eligibility of the projects listed below:

(i) Sale of Tartaruga Verde and Module III of Espadarte fields, disclosed to the market on 04/03/2018.

(ii) Sale of Baúna field in Santos Basin, disclosed to the market on 04/03/2018.

(iii) Partnerships in Refining, disclosed to the market on 04/27/2018.

Additionally, in projects (i) and (ii) the deadlines for the participation of potential interested parties were extended, and in project (iii) the date for the distribution of the confidential information memorandum (“CIM”) was extended.

The Teasers of these projects, with their respective adjustments, are available on the Petrobras website: http://www.investidorpetrobras.com.br/en/press-releases.

This material is being provided pursuant to Brazilian regulatory requirements, does not constitute an offering, under the U.S. securities laws, and is not a solicitation, invitation or offer to buy or sell any securities. The information on our website, which is accessible through hyperlink resulting from this URL, is not and shall not be deemed part of this report on Form 6-K.

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