Rio de Janeiro, May 20, 2026 – Petróleo Brasileiro S.A. – Petrobras, announces that its Board of Directors, at a meeting held today, approved the company’s adherence to the economic subvention program for producers and importers of petroleum‑based fuels, established by Provisional Measure (MP) 1,358, dated May 13, 2026. The economic subvention established under this MP covers amounts related to the production and importation of gasoline and road diesel oil, in accordance with applicable legislation.
Given the optional nature of the program and its potential benefit, this adherence is considered compatible with the company’s interests. This new adherence adds to the existing subvention programs related to the commercialization of road diesel oil in Brazil’s national territory already established by the Brazilian Federal Government.
The effective signing of the new adherence agreement will be subject to the publication and analysis of the ordinance to be issued by the Minister of Finance, as well as the related regulation necessary for the implementation of the economic subvention, as provided for in MP 1,358.
It is important to note that Petrobras maintains its commercial strategy, considering its market share and the sustainable optimization of its refining assets and profitability, avoiding the transfer to domestic market of the cyclical volatility of international prices and the BRL exchange rate.
This adherence preserves the company’s flexibility in implementing its commercial strategy. Petrobras remains committed to responsible, balanced, and transparent conduct.
Brazil Energy Insight 
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