Petrobras on pieces of news in the press

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Rio de Janeiro, May 29, 2021 - Petróleo Brasileiro S.A. - Petrobras, in clarification of pieces of news in the media, and as already informed in the last conference with analysts and investors relative to the results for the first quarter of 2021, held on May 14, 2021, informs that in the quest to execute its pricing policy it permanently monitors the market and, from a perception of a level realignment, whether of exchange rates or of oil and oil products international prices, carries out price adjustments.

The studies and monitoring prepared by Petrobras' technical trading areas support the decision-making process and the proposal for price adjustments, and the business environment and the behavior of its competitors are permanently observed, aiming at an adequate competitive positioning.

The Company will keep the market timely informed of any fact deemed material.

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

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PETROBRAS - Petróleo Brasileiro SA published this content on 01 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 June 2021 10:38:00 UTC.