Petrobras on the sale of ANSA and UFN-III

November 26, 2019

Petróleo Brasileiro S.A. – Petrobras announces that, regarding to the sale of 100% of its equity interest in Araucária Nitrogenados S.A. (ANSA) and in Nitrogen Fertilizer
Unit III (UFN-III), the ongoing negotiations with Acron Group have been closed, without business execution.
Nevertheless, Petrobras informs that its strategic position of fully exiting the fertilizer business remains, aiming at optimizing the portfolio and improving the allocation of the company’s capital.

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