Petrobras on Bahia Terra production

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Rio de Janeiro, March 14, 2023 - Petróleo Brasileiro S.A. - Petrobras, following up on the release disclosed on December 13, 2022, clarifies that it is taking all necessary steps to resume production at the Bahia Terra Cluster by April. The cluster had its operations halted at the request of the National Agency of Petroleum, Natural Gas and Biofuels (ANP) at the end of last year and, since then, the Company has been following the schedule proposed to the regulatory agency to resume production.

Additionally, any intended decisions by the new administration on investments and asset disposals must be analyzed by the appropriate governance bodies.

Facts deemed relevant on the subject will be timely disclosed to the market.

www.petrobras.com.br/ir

For more information:

PETRÓLEO BRASILEIRO S.A. - PETROBRAS | Investors Relations

email: petroinvest@petrobras.com.br/acionistas@petrobras.com.br

Av. Henrique Valadares, 28 - 19 th floor - 20231-030 - 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 14 March 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 March 2023 11:55:10 UTC.