Petrobras : on loan linked to sustainability July 11, 2022

Petrobras on loan linked to sustainability

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Rio de Janeiro, July 11, 2022 - Petróleo Brasileiro S.A. - Petrobras informs that it signed, on 07/08/22, a credit line with sustainability commitments (Sustainability-Linked Loan - SLL) in the amount of US$ 1.25 billion and maturity in July 2027.

The operation was signed with the banks Bank of China, MUFG and The Bank of Nova Scotia, with competitive costs in comparison to market references, and also considering incentive mechanisms for the achievement of sustainability commitments, based on corporate KPIs of GHG intensity in E&P, GHG intensity in refining and methane intensity in E&P.

This is the first time Petrobras has contracted financing associated with its corporate sustainability targets, which reinforces the company's focus on the decarbonization of its operations and expands the liability management strategy by diversifying financing models, in line with the sustainability requirements that are increasingly present in the debt markets.

www.petrobras.com.br/ir

For more information:

PETRÓLEO BRASILEIRO S.A. - PETROBRAS | Investors Relations email: [e-mail]/[e-mail] Av. Henrique Valadares, 28 - 19 th floor - 20231-030- Rio de Janeiro, RJ. Tel.: [phone]/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.