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Petrobras : on manifestation of the Eligibility Committee June 24, 2022

06/24/2022 | 08:36pm EDT

Petrobras on manifestation of the Eligibility Committee

-

Rio de Janeiro, June 24, 2022 - Petróleo Brasileiro S.A - Petrobras, following up on the release disclosed on June 21, 2022, informs that the Eligibility Committee (CELEG) met on this date to analyze the nomination of Mr. Caio Mário Paes de Andrade for the positions of Member of the Board of Directors and CEO of Petrobras based on the company's governance rules and applicable legislation.

It was recognized by the Committee, acting as the Eligibility Committee (CELEG) provided for in Article 21 of Decree No. 8,945/16, by majority vote, the fulfillment of the requirements provided for in Law No. 13,303/16, Decree No. 8,945/16 and the Petrobras Senior Management Nomination Policy, as well as the non-existence of prohibitions, so that the appointment of Mr. Caio Mário Paes de Andrade to the positions of Member of the Board of Directors and CEO of the company be deliberated by the Board of Directors.

The details of the Committee's manifestation can be found in the full minutes of the meeting, which will be available for consultation within 7 (seven) working days on the Petrobras Investor Relations website (www.petrobras.com.br/ir).

www.petrobras.com.br/ir

For more information:

PETRÓLEO BRASILEIRO S.A. - PETROBRAS | Investor Relations email: petroinvest@petrobras.com.br/acionistas@petrobras.com.br Av. Henrique Valadares, 28 - 19 Andar - 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.

Disclaimer

PETROBRAS - Petróleo Brasileiro SA published this content on 25 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 June 2022 00:35:08 UTC.


© Publicnow 2022
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Financials
Sales 2022 630 B 121 B 121 B
Net income 2022 170 B 32 619 M 32 619 M
Net Debt 2022 233 B 44 608 M 44 608 M
P/E ratio 2022 2,66x
Yield 2022 43,9%
Capitalization 475 B 91 052 M 91 052 M
EV / Sales 2022 1,12x
EV / Sales 2023 1,34x
Nbr of Employees 45 532
Free-Float 64,4%
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Technical analysis trends PETROBRAS
Short TermMid-TermLong Term
TrendsBullishNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 13
Last Close Price 34,87 BRL
Average target price 41,55 BRL
Spread / Average Target 19,2%
EPS Revisions
Managers and Directors
Caio Mario Paes de Andrade Chief Executive Officer & Director
Fernando Assumpção Borges President
Rodrigo Araujo Alves Chief Financial Officer
Gileno Gurjo Barreto Chairman & Executive Director-Exploration
Marcelo da Silva Carreras Head-IT & Telecommunications
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