Petrobras on Braskem

Petróleo Brasileiro S.A. – Petrobras informs that it has received a letter from Apollo Management X, L.P. (“Apollo”) and ADNOC International Limited (“ADNOC”) with information about the non-binding proposal for the acquisition of Novonor S.A.’s interest in Braskem. The information was forwarded to Petrobras due to the fact that the Company is Braskem’s second largest shareholder and a party to the shareholders’ agreement. In addition, the bidders have expressed interest in discussing potential business with Petrobras.

The Company reinforces its commitment to the broad transparency of its divestment processes and portfolio management and that material facts will be timely disclosed to the market.

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