Petrobras Reduction of Relevant Shareholding Interest

Rio de Janeiro, October 25, 2018 – Petróleo Brasileiro S.A. – Petrobras, in compliance with article 12 of CVM Instruction Nº358 of January 3, 2002 and Circular Letter CVM/SEP/Nº002/2018, informs that it was notified by Caixa de Previdência dos Funcionários do Banco do Brasil (“PREVI”) that PREVI sold preferred shares issued by Petrobras, so that the institution manages shareholding interest lower than 5% of the preferred shares issued by Petrobras,  as per the information below.

I. PREVI, on 10/08/2018, changed its preferred shareholding position to 277,709,475, reducing its share participation from 5.04% to 4.96% of the total preferred shares issued by Petrobras;

II. the participation reduction is not related to any specific objective;

III. PREVI did not celebrate any contracts or agreements governing the exercise of voting rights or the purchase and sale of securities issued by Petrobras;

IV. PREVI, a closed supplementary pension entity, enrolled with CNPJ under Nº 33.754.482/0001-24, has registered headquarters at Praia de Botafogo, 501, 3rd and 4th floors in the city of Rio de Janeiro, State of Rio de Janeiro.

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