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    PETR4   BRPETRACNPR6

PETRÓLEO BRASILEIRO S.A. - PETROBRAS

(PETR4)
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Petróleo Brasileiro S A Petrobras : Petrobras on Petros Plan 3 (Form 6-K)

06/16/2021 | 06:08am EDT

Petrobras on Petros Plan 3

-

Rio de Janeiro, June 15, 2021 - Petróleo Brasileiro S.A. - Petrobras, following up on the release disclosed on January 27, 2021, informs that the validation stage of the enrollment of Petros Plan 3 (PP-3) was concluded, totaling 2,176 approved requests.

The technical and administrative feasibility studies of the new plan were completed and the Petros' Executive Board certified its feasibility in a meeting held on this date, allowing its implementation.

The new plan is expected to start operating in August 2021. PP-3 starts as one of the 10th largest defined contribution pension plan in Brazil, in terms of assets.

The plan was an exclusive option for voluntary and punctual migration of participants and assisted parties from the Renegotiated and Non-Renegotiated Petrobras System's Petros plans (PPSP-R and PPSP-NR), both post-70.

The option for migration to PP-3 is irreversible and irrevocable and terminates any and all ties to the original plan. Although the option for PP-3 implies the waiver of all rights in the plan of origin, until the migration is effective, the participant will have to fulfill all obligations in the PPSP-R or in the PPSP-NR and also continues with all original rights safeguarded until the start of operations of the new plan.

www.petrobras.com.br/ir

For more information:

PETRÓLEO BRASILEIRO S.A. - PETROBRAS | Investors Relations

e-mail: petroinvest@petrobras.com.br/acionistas@petrobras.com.br

Av. República do Chile, 65 - 1803 - 20031-912 - Rio de Janeiro, RJ.

Tel.: 55 (21) 3224-1510/9947 | 0800-282-1540

This document may contain forecasts within the meaning of Section 27A of the Securities Act of 1933, as amended (Securities Act), and Section 21E of the Securities Trading Act of 1934, as amended (Trading Act) that reflect the expectations of the Company's officers. The terms: 'anticipates', 'believes', 'expects', 'predicts', 'intends', 'plans', 'projects', 'aims', 'should,' and similar terms, aim to identify such forecasts, which evidently involve risks or uncertainties, predicted or not by the Company. Therefore, future results of the Company's operations may differ from current expectations, and the reader should not rely solely on the information included herein.

Disclaimer

PETROBRAS - Petróleo Brasileiro SA published this content on 16 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 June 2021 10:07:07 UTC.


© Publicnow 2021
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Sales 2021 384 B 74 152 M 74 152 M
Net income 2021 60 942 M 11 764 M 11 764 M
Net Debt 2021 271 B 52 274 M 52 274 M
P/E ratio 2021 5,80x
Yield 2021 3,80%
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EV / Sales 2022 1,44x
Nbr of Employees 49 050
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Joaquim Silva e Luna Chief Executive Officer & Director
Rodrigo Araujo Alves Chief Financial Officer
Eduardo Bacellar Leal Ferreira Chairman
Marcelo da Silva Carreras Head-IT & Telecommunications
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