Petróleo Brasileiro S.A Petrobras informs that the Chairman of the Board of the company, Mr. Pietro Adamo Sampaio Mendes, has been nominated by the Ministry of Mines and Energy of Brazil for consideration by the country’s Chief of Staff’s Office as a proposed candidate to occupy a Directorship at the National Agency for Petroleum, Natural Gas and Biofuels (ANP).
The company clarifies that, in accordance with Article 5 of Law 9,986/2000, which governs Regulatory Agencies, the appointment of Officers of Regulatory Agencies is the responsibility of the President of the Republic of Brazil.
If the Presidency of the Republic approve the nomination, it will still be subject to approval by the Federal Senate and subsequent appointment by the President of Brazil.
Mr. Pietro Mendes will continue in his role as Chairman of Petrobras’ Board of Directors during this process.
Material facts will be disclosed to the market in due course.
Brazil Energy Insight 
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