BRAVA ENERGIA S.A. (“BRAVA” or “Company”) (B3:BRAV3), pursuant to CVM Resolution No. 44, following the material facts disclosed on December 27, 2024 and on January 10 and 24, 2025, informs its investors and the market in general that the Company’s Board of Directors has defined that the scope of the possible divestment transaction of the Company’s onshore and shallow water assets will be limited to the fields located in the State of Bahia.
The Company remains in negotiations and in the due diligence phase with the selected bidders, with the expectation of receiving binding proposals throughout the month of April 2025. The process will follow the Company’s corporate governance flow, which will keep its investors and the market in general duly informed, in line with the best corporate governance practices and in strict compliance with the legislation in force.
It is worth highlighting that the optimization of the portfolio, initiated with the signing of a contract for the sale of 11 concessions in Rio Grande do Norte (according to the material fact disclosed on February 10, 2025), aims to concentrate the Company’s efforts on projects with higher profitability and scale, which present efficient logistical integration and access to the international market.
Brazil Energy Insight 
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