Petrobras on Payment of Dividends

Source: www.gulfoilandgas.com 8/25/2021, Location: South America

Petrobras, following up on the material fact released on August 4, 2021, informs that it is making the payment of the 1st installment of the remuneration anticipation to shareholders related to fiscal year 2021.

The gross amount distributed, in the amount of R$ 21,000,003,096.30, corresponds to a gross amount of R$ 1.609911 per common and preferred share, based on the shareholding position as of August 16, 2021.

CREDIT INSTRUCTIONS
Payment will be made by Banco Bradesco, institution depositary of book-entry shares issued by Petrobras. All shareholders who have their registration duly updated, will have their rights automatically credited to their bank accounts on the date of payment. More information can be obtained through any Bradesco branch or by calling 0800-7011616.

For shareholders with custody in B3, the payment will be done by deposit brokers.

For holders of American Depositary Receipts (ADRs) negotiated on the New York Stock Exchange (NYSE), with a record date of August 18, 2021, the payment will occur as of September 1, 2021, through JP Morgan Chase, depositary bank of Petrobras' ADRs. Information and clarifications may be obtained at www.adr.com.

The dividends not claimed within three years, as of the date of payment (August 25, 2021), will expire and will be reverted in favor of the company (Law 6404/76, Article 287, Item II, subitem a).

The amounts advanced to shareholders as dividends, adjusted by the Selic rate from the date of payment to the end of the year, will be deducted from the minimum mandatory dividends, including for purposes of payment of the minimum priority dividends for preferred shares.


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