Petrobras approves dividends payment

Petróleo Brasileiro S.A. – Petrobras, following up on release disclosed on February 23, 2022, informs that, in a meeting held today, the Annual General Meeting (AGM) approved the remuneration to shareholders relative to the Fiscal Year 2021 in the amount of R$ 7.773202 per outstanding share (common or preferred). This amount includes the prepayments already made throughout 2021 and the complementary dividend to be paid starting May 16, 2022.

The complementary dividend is equivalent to R$ 2.8610762 per outstanding share (common or preferred). Considering the monetary adjustment by the SELIC rate from 12/31/2021 until today, this value has an increase of R$ 0.0811879 per share. Thus, the total gross amount to be distributed to shareholders, considering the monetary adjustment until today, is equivalent to R$ 2.9422641 per share.

The payment of this complementary dividend will take place on May 16, 2022, for the holders of Petrobras’ shares traded at B3, and starting on May 23, 2022, for the holders of American Depositary Receipts (ADRs) traded at the New York Stock Exchange – NYSE.

Shareholders will be entitled to remuneration as follows:

1. The record date for owners of Petrobras shares traded on the B3 will be today and for ADR holders will be April 18, 2022.

2. Petrobras’ shares will be traded ex-dividends on B3 and NYSE as of tomorrow, April 14, 2022.

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

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