Petrobras on Relevant Shareholding Position

September 8,  2020

Petróleo Brasileiro S.A. –  Petrobras, in compliance with article 12 of CVM Instruction no. 358, dated of 1/3/2002, reports that it was notified today by Capital Research Global Investors (CRGI), independent investment division of Capital Research and Management Company, that it has acquired preferred shares issued by the company and it manages share interests of approximately 5.09% of preferred shares issued by Petrobras, thus qualifying as a relevant holder of shares in the company’s capital stock, as per the information below:

I.    share interests held by CRGI totaled 285,451,396 preferred shares and American Depositary Receipts (ADRs) representing preferred shares, which represent approximately 5.09% of the total preferred shares issued by the company;

II.    in addition to the above-mentioned share interests, Capital World Investors and Capital International Investors, as independent investment divisions of Capital Research and Management Company, manage, respectively, 64,816,765 preferred shares and 16,539,403 preferred shares issued by the company, corresponding to 1.15% and 0.29%, respectively, of this type of share. These are minority investments that do not alter the composition of the control or the administrative structure of the company;

III.    the purpose of the aforementioned share interests is strictly investment, whereas there is no intention to alter shareholding control or the administrative structure of Petrobras;

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

V.    CRGI has registered headquarters at 333 South Hope Street, Los Angeles City, California State, 90071, United States of America.

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