Petrobras today announced the final resultsand settlement of the previously announced cash tender offers by its wholly-owned subsidiary, Petrobras Global Finance B.V. (“PGF”), with respect to any and all of PGF’s outstanding notes of the series set forth in the table below (the “Notes” and such offers, the “Offers”).

The following table sets forth the aggregate principal amount of Notes validly tendered and accepted for purchase in the Offers:

The Offers expired at 5:00 p.m., New York City time, on April 7, 2021 and settled today.

The Offers were made pursuant to the terms and conditions set forth in the offer to purchase dated March 31, 2021, and the accompanying notice of guaranteed delivery (together, the “Offer Documents”).

The aggregate amount paid by PGF to holders whose Notes were accepted for purchase, excluding accrued and unpaid interest, was approximately US$2.7 billion.