Petróleo Brasileiro S.A. – Petrobras, regarding a piece of news published on the media about the sale of the refineries, clarifies that the dates for the signing of the purchase and sale contracts and for their effective transfer to the buyers (respectively signing and closing) are internal estimates subject to alterations, since they depend on many variables and can change according to the timeline of each project and the evolution of the negotiations. As for the closing of the transactions, it is worth noting that their consummation also depends on external approvals such as the Brazilian Administrative Council for Economic Defense (CADE) and other regulatory agencies that may be necessary.
It is worth clarifying that the signing of RLAM (Landulpho Alves Refinery), in Bahia, whose sale process is at a more advanced stage in relation to the other refineries, is still subject to deliberation by the company’s Executive Board and Board of Directors, as disclosed on February 8, 2021.
Petrobras reaffirms its commitment to a broad transparency of its divestment projects and portfolio management and reinforces that the main stages of divestments are disclosed to the market in accordance with its Divestment Guidelines, validated by the Federal Court of Accounts (TCU), which is based on Decree 9,188/17, and that these rules do not require the disclosure of internal schedules.
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