Today, Petrobras’ Board of Directors approved the appointment of Director Luiz Nelson Guedes de Carvalho at a meeting. He will chair this Board during Mr. Murilo Pinto de Oliveira Ferreira’s leave of absence, which was granted by the Council until November 30, 2015.

The alternate to the Chairman of the Company’s Board of Directors, Mr. Clovis Torres Junior, will also not take part in the Board’s proceedings until November 30, 2015.