PETRORIO RESOLUTIONS OF THE EXTRAORDINARY SHAREHOLDERS’ MEETING

Petro Rio S.A. (“Company”) hereby informs its shareholders and the market in general, in compliance with CVM Instruction No. 358, of January 03, 2002, in addition to the Material Facts “Restatement of the Financial Statements” and “Resolutions of the Board of Directors’ Meeting” disclosed on August 27 2020 and November 3, 2020, respectively, that, on this date, an Extraordinary Shareholders’ Meeting was held, on which the following was approved:

(i) restatement of the complete annual financial statements, accompanied by the management report, the independent auditors report and the opinion of the Company’s fiscal council for the fiscal years ended on December 31, 2017 and 2019;

(ii) restatement of the quarterly information forms for the periods ended on June 30, 2019, September 30, 2019, March 31, 2020 and June 30, 2020;

(iii) amendment and restatement of the Company’s Bylaws, in order to make the amendment to article 3 to remove from the corporate purpose the possibility of having an equity interest regardless of the investee’s activity, as well as to exclude from the Company’s corporate purpose consulting services and research projects in the areas of environment, petroleum, natural gas, mining, and professional advice to companies in the areas of collection, chemical analysis (organic and inorganic) and interpretation of data of geological, geochemical, geophysical nature and remote sensing of such data, as well as foreign trade consultancy; and

(iv) definition of suspensive effect to article 11 of the Bylaws, which limits the voting right of shareholders exercising activities that may be considered competitors, until further disposition by the CVM collegiate body under the consultation made by the Company.