November 6, 2025 – Petrobras informs that its Board of Directors (CA), in a meeting held today, approved the payment of interim dividends in the amount of R$ 12.16 billion, equivalent to R$ 0.94320755 per common and preferred share in circulation, as an anticipation of the remuneration to shareholders related to the fiscal year 2025, declared based on the balance sheet of September 30, 2025.
The proposed payment is in line with the current Shareholder Remuneration Policy (Policy), which stipulates that, in the event of gross debt equal to or less than the maximum debt level defined in the current Strategic Plan, and subject to the other conditions of the Policy, Petrobras must distribute 45% of free cash flow to its shareholders. This distribution does not compromise the financial sustainability of the company.
The dividends will be paid in two installments in February and March 2026, as follows:
Amount to be paid: R$ 0.94320755 per common and preferred share in circulation, as follows:
(i) the first installment, in the amount of R$ 0.47160378 per common and preferred share in circulation, will be paid on February 20, 2026.
(ii) the second installment, in the amount of R$ 0.47160377 per common and preferred share in circulation, will be paid on March 20, 2026.
Record date: December 22, 2025, for holders of Petrobras shares traded on B3, and record date on December 26, 2025, for holders of ADRs traded on the New York Stock Exchange (NYSE). Petrobras shares will be traded ex-rights on B3 starting December 23, 2025.
Payment date: for holders of Petrobras shares traded on B3, the payment of the first installment will be on February 20, 2026, and the payment of the second installment will be on March 20, 2026. Holders of ADRs will receive the payments as of February 27, 2026, and as of March 27, 2026, respectively.
Form of distribution: the definition of the form of distribution (whether in the form of dividends and/or interest on equity) will occur until December 11, 2025, and will be timely communicated to the market.
It’s important to notice that the values of each installment will be updated by the variation of the Selic rate from December 31, 2025, until the date of each payment; and in case of payment in the form of interest on equity (JCP), income tax will apply, according to current legislation. Finally, these dividends amount will be deducted from the remuneration to shareholders to be approved at the 2026 Annual General Meeting related to the fiscal year 2025.
The Shareholder Remuneration Policy can be accessed on the IR company’s website (http://www.petrobras.com.br/ri ).
Leave a Reply