Petrobras has announced that the unions are considering the proposal made by the Company.

So far, 10 of the 17 unions have approved the proposal and the strike is set to end in these regions. Nevertheless, demonstrations continue at some plants.

Since November 09, the impact on oil output has evened off at around 100,000 barrels per day, amounting to some 5% of total production in Brazil. Natural gas production has fallen by 1.5 million cubic meters a day, or 3% of market availability.

Despite the effect on Brazil’s oil and gas production, market supplies are not being affected.

Throughout this period, Petrobras has taken all appropriate legal measures to continue operating normally, maintain production facilities and ensure a safe working environment for its staff.

Any further material facts on this matter will be disclosed to the market in a timely manner.