Brava Energia updates on the Papa-Terra Field

BRAVA ENERGIA S.A. in compliance with the provisions of CVM Resolution No. 44, hereby informs its shareholders and the market in general of the following updates on the Papa-Terra field.

(i) Final authorization for the Papa-Terra field measurement systems

On January 26, 2025, the Company obtained the definitive authorization from the Oil and Natural Gas Production Measurement Inspection Center (“NFP”) of the National Agency of Petroleum, Natural Gas and Biofuels (“ANP”) for the measurement systems of the Papa-Terra field.

In order to comply with the ANP’s last requirement, the asset’s operation was suspended from the beginning of January 25 to the beginning of January 26. After verifying the success of the interventions carried out on FPSO 3R-3, with due compliance with the ANP’s requirements, the NFP granted definitive authorization for operation, without any remaining requirements or pending issues.

(ii) Conclusion of the intervention on the well PPT-51

Additionally, the Company has completed the intervention (workover) to replace the submersible centrifugal pump (BCS) of the PPT-51 well. Thus, the Company will begin the process of optimizing production in the Papa-Terra field.

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

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