Petrobras on payment of dividends  

Petróleo Brasileiro S.A. – Petrobras informs that will pay, on Tuesday, 12/15/2020, dividends referred to the 2019 fiscal year, based on shareholding position as of 07/22/2020, in connection to the Material Fact released on that date.

The amount of dividends to be paid will be adjusted by Selic interest rate from 12/31/2019 to 12/15/2020 interest rate adjustment calculation, as listed below:

Dividends announced on 07/22/2020
Common Shares (ON)
Amount in Reais per common share	R$ 0.233649
Selic rate adjustment	R$ 0.006246
Total Amount	R$ 0.239895
Dividends announced on 07/22/2020
Preferred Shares (PN)
Amount in Reais per preferred share	R$ 0.000449
Selic rate adjustment	R$ 0.000012
Total Amount	R$ 0.000461

The amounts corresponding to monetary restatement there will be an income tax rate of 20%.

The withholding income tax, mentioned above, will not be applied to shareholders who legally prove their status as immune and exempt.

The dividends not claimed within three years, as of the date of payment (12/15/2020), will expire and will be reverted in favor of the company (Law 6404/76, Article 287, Item II, subitem a).

CREDIT INSTRUCTIONS 

Payment will be made by Banco Bradesco S.A. (Bradesco), institution depositary of book-entry shares

All shareholders who have their registration duly updated, will have their rights automatically credited to their bank accounts on the date of payment.

More information can be obtained through any Bradesco branch or by calling 0800-7011616.

For shareholders with custody in B3, the payment will be done by deposit brokers.

For holders of American Depositary Receipts (ADRs) negotiated on the New York Stock Exchange (NYSE), the payment will be made from 12/15/2020 by JP Morgan Chase, depositary bank of ADRs. Information and clarifications may be obtained at www.adr.com

Petrobras Shareholder Compensation Policy can be accessed on the company’s website (http://www.investidorpetrobras.com.br/en).