PETROBRAS ANNOUNCES EXPIRATION AND EXPIRATION DATE RESULTS OF ITS ANY AND ALL TENDER OFFERS

RIO DE JANEIRO, BRAZIL – July 8, 2019 – Petróleo Brasileiro S.A. – Petrobras (“Petrobras”) (NYSE: PBR) today announced the expiration and expiration date results of the previously announced offers to purchase (the “Offers”) by its wholly-owned subsidiary Petrobras Global Finance B.V. (“PGF”), of any and all of its outstanding notes set forth in the table below (the “Notes”).
The Offers were made pursuant to the terms and conditions set forth in the offer to purchase dated July 1, 2019 (the “Offer to Purchase” and, together with the accompanying notice of guaranteed delivery, the “Offer Documents”).

The Offers expired at 5:00 p.m., New York City time, on July 8, 2019 (the “Expiration Date”). The settlement date with respect to the Offers will occur promptly following the Expiration Date and are expected to occur on July 11, 2019 (the “Settlement Date”).

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