Petrobras – Clarification on news about possible collective arbitration

Rio de Janeiro, February 6, 2019 – Petróleo Brasileiro S.A. – Petrobras, in relation to the news published in the media about possible collective arbitration by an association of investors, clarifies that it has not been notified by the Arbitration Chamber of São Paulo Stock Exchange (B3). If notified, Petrobras shall take all measures to guarantee its interests and the interests of its shareholders.

It should be noted that the Brazilian authorities, including the Federal Supreme Court, recognize that Petrobras was a victim of the acts revealed by Car Wash Operation. As a victim, the company has already recovered more than R$ 3.2 billion as compensation in Brazil and will continue to take appropriate action against all those who have caused damages.

The company also clarifies, as already informed to the market, that by the agreement to close investigations of the U.S. Department of Justice (“DOJ”) and the Securities & Exchange Commission (“SEC”) of the United States, DOJ also recognizes the situation of victim of Petrobras and the SEC recognizes the company’s performance as an assistant prosecutor in more than 50 criminal proceedings in Brazil.

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