Enauta Energia S.A. agreed to acquire Uruguá and Tambaú fields located in the Santos Basin from Petróleo Brasileiro S.A. - Petrobras (BOVESPA:PETR4) for $35 million on December 21, 2023. Under the terms of agreement, the amount to be received by Petrobras from the operation is up to $35 million, of which (a) $3 million will be paid on today's date, (b) $7 million will be paid at the closing of the transaction and (c) up to $25 million in contingent payments, depending on future Brent prices and events related to the development of the assets. In view of the progress of the transaction, this contract will be extended and the new operator will evaluate the appropriate alternatives. The transfer of the assets to a new operator represents an alternative to their decommissioning, with the prospect of extending their productive life, while at the same time enabling Petrobras to direct its investments in the E&P segment towards assets that are more in line with the company's strategy, which involves, among other things, the increasing decarbonization of operations. Petrobras' own employees involved in the Uruguá and Tambaú operations will be relocated to other company operations in the Santos Basin Business Unit. The completion of this transaction hinges upon fulfilling specific conditions precedent, including approvals from Brazil?s ANP, Brazil?s Administrative Council for Economic Defense (CADE), Brazil?s Institute of Environment and Renewable Natural Resources, and other relevant authorities. The charter contract expected to end in January 2024. As of January 25, 2024, Brazilian antitrust body Cade has approved the acquisition.

Enauta Energia S.A. cancelled acquisition of Uruguá and Tambaú fields located in the Santos Basin from Petróleo Brasileiro S.A. - Petrobras (BOVESPA:PETR4) on December 21, 2024. The closing of the transaction was conditional, among other factors, on the conclusion of the acquisition by Enauta Energia S.A. of the FPSO Cidade de Santos, owned and operated by MODEC, which did not materialize.