Petrobras – Diesel Price Subvention Program

Rio de Janeiro, December 14, 2018 – Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 11/29/18 informs that, due to the methodology established in the National Petroleum Agency (ANP) Resolution no. 743 of 8/27/18, the average price of diesel practiced by the company in its refineries and terminals will be R$ 1.8115  per liter, for the last period of the subvention program (from 12/16/18 to 12/31/18), representing an increase of 0,7% in relation to the average selling price in force.

Additionally, the company informs that it received today the payment of the diesel economic subvention, in the amount of R$ 665.4 million, related to the 3rd period of the 3rd phase of the program (from 09/30/18 to 10/29/18).

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