3R Petroleum – Sudene’s Tax Benefit for the Rio Ventura Cluster

3R PETROLEUM ÓLEO E GÁS S.A. (“3R” or “Company”) (B3: RRRP3), in compliance with the provisions of CVM Resolution No. 44, communicates to its shareholders and the market in general that received from the Northeast Development Superintendence (“SUDENE”), an agency linked to the Ministry of Regional Development, through Constitutive Report No. 0285/2021, the approval for the reduction in Income Tax and Additional in benefit of 3R Rio Ventura S.A. (“3R Rio Ventura”), an integrally owned subsidiary of the Company, which owns and operates the Rio Ventura Cluster, in the Recôncavo Basin, located in the State of Bahia.

The aforementioned benefit allows a 75% reduction in Corporate Income Tax – IRPJ for a period of 10 years, starting in January 1st, 2022, taking the combined tax rate of IRPJ and Social Contribution – CSLL from 34% to up to 15.25% on activities developed by 3R Rio Ventura linked to the oil production.

The inclusion of Rio Ventura Cluster in SUDENE’s tax benefit is another important milestone that generates value for 3R’ shareholders and encourages the development of the Company’s investment thesis, which is based on the redevelopment and revitalization of mature fields, while generates jobs and local income.

The Company emphasizes that the Macau, Rio Ventura and Areia Branca Clusters, currently under 3R operation, are classified as tax beneficiaries regarding the reduction of Income Tax and Additional provided by SUDENE and are just part of the Company’s portfolio that is eligible for the referred tax benefit. As soon as the Company takes over the operations of the Fazenda Belém, Pescada, Recôncavo and Peroá clusters, the procedures for qualifying these projects for the benefit will be started.

Finally, 3R reinforces its commitment to keep its investors and the market in general duly informed, in line with the best corporate governance practices and in strict compliance with current legislation.