Petrobras on receiving the sale of the Albacora Leste field

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Rio de Janeiro, January 26, 2023 - Petróleo Brasileiro S.A. -Petrobras, following up on the release disclosed on 04/27/2022, when it signed the Sales and Purchase Agreement (SPA), informs that it received today the cash payment of US$ 1.635 billion (R$ 8.455 billion) related to the sale of all of its interest in the Albacora Leste production field, located in the Campos Basin, to the company Petro Rio Jaguar Petróleo LTDA. (PetroRio), a subsidiary of Petro Rio S.A..

The amount received today is in addition to the US$ 292.7 million paid to Petrobras when the sale contract was signed on 04/28/2022. In addition to this amount, Petrobras is expected to receive up to US$ 250 million in contingent payments, depending on future Brent prices. The other procedures required to formalize the transaction before the National Petroleum, Natural Gas and Biofuels Agency (ANP) will be carried out today, and when they are concluded Petrobras will communicate them to the market in due course.

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 - 19th 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 26 January 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 January 2023 14:22:08 UTC.