Brava Energia on Restructuring of the Statutory Board and Change in the Financial and Investor Relations Officer

Oct. 21 – BRAVA ENERGIA S.A. (“BRAVA” or “Company”) (B3: BRAV3), pursuant to CVM Resolution No. 44, hereby informs its investors and the market in general that the Board of Directors approved, at a meeting held on October 20, 2025, adjustments to the organizational structure, with the aim of simplify and optimize processes, strength corporate governance, and improve integration between corporate and business areas.

As part of this process, the Board decided to streamline the Statutory Board of Directors, reducing one Director position and consolidating the following areas under the Financial and Investor Relations Board structure:

  • Finance;
  • Investor Relations;
  • Trading and Commercialization. 

Following the aforementioned restructuring process, the Board of Directors has accepted the resignations of Rodrigo Pizarro and Pedro Medeiros from their positions as Chief Financial and Investor Relations Officer and Director of New Business, Trading and Downstream, respectively. The Company would like to thank Rodrigo Pizarro and Pedro Medeiros for their valuable contributions and the key role they have played in building and developing Brava over the past few years.

The Company further informs that: (i) Mr. Décio Oddone, Chief Executive Officer, will temporarily assume the functions related to Finance and Investor Relations and permanently assume the New Business Department; (ii) the new CFO will be announced after the conclusion of the hiring process, which is confidential due to contractual terms; and (iii) the Downstream operation will be integrated into the Onshore operation and will be led by Mr. Jorge Boeri, Onshore Operational Officer. Finally, Brava clarifies that the current CFO and the New Business, Trading and Downstream Officer will participate in the transition process, which will take place over the coming weeks.

Brava reaffirms its commitment to operational efficiency and sustainable value creation and reinforces that it will keep its investors and the market in general duly informed, in line with best corporate governance practices and in strict compliance with current legislation.

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