Petrobras announces receipt of earnout payment related to Sépia and Atapu

February 6, 2026 – Petróleo Brasileiro S.A.– Petrobras announces that it has received R$ 1.65 billion from its partners in the Sépia and Atapu fields: TotalEnergies EP Brasil Ltda (28%), PETRONAS Petróleo Brasil Ltda (21%), and QatarEnergy Brasil Ltda (21%) in Sépia; and Shell Brasil Petróleo Ltda (25%) and TotalEnergies EP Brasil Ltda (22.5%) in Atapu.

This payment relates to the additional earnout compensation for fiscal year 2025. Pursuant to Ordinance No. 08 of April 19, 2021, issued by the Ministry of Mines and Energy (MME), and the tender protocol of the 2nd Bidding Round for the Transfer of Rights Surplus under the Production Sharing regime, held on December 17, 2021, earnout amounts were defined for the Sépia and Atapu fields. These amounts are due between 2022 and 2032, and become payable as of the last business day of January of the year following the year in which the Brent crude oil price reaches an annual average above US$ 40/bbl, capped at US$ 70/bbl.