Brava Energia terminates negotiations related to the divestment process onshore and shallow water assets in Bahia

BRAVA ENERGIA S.A. (“BRAVA” or “Company”) (B3: BRAV3), pursuant to CVM Resolution No. 44, further to the material facts disclosed on December 27, 2024, January 10, 2025, and March 6, 2025, hereby informs its investors and the general market that, today, the Company has decided to terminate the negotiations related to the divestment process onshore and shallow water assets, which were limited to the fields located in the State of Bahia.

This decision comes after (i) record production levels and greater operational efficiency of the Company’s onshore assets in Bahia over the past quarters, which strengthen the Company’s strategic position in the gas segment and enhance the synergies of an integrated portfolio, and (ii) the commencement of operations of the FPSO Atlanta and the achievement of greater operational efficiency at Papa-Terra, the Company’s two main offshore projects. In this context, the Management decided to maintain a diversified asset portfolio, mitigating the risks inherent in concentrating operations in specific projects, in order to ensure production resilience in a dynamic market.

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