Petrobras informs that its Board of Directors, in a meeting held this Wednesday (June 24), approved the appointment of Ruy Flaks Schneider to the position of member of the company's Board of Directors. The appointment of Ruy Schneider will be submitted to the Petrobras Ordinary General Meeting of 2020, convened for July 22, 2020, along with the other names indicated by the Controlling Shareholder for the position of member of the Petrobras Board of Directors for the term 2020-2022.

Ruy Schneider is a mechanical and production industrial engineer graduated from PUC-RIO, as well as a Master of Sciences in Engineering Economy from Stanford University. Navy reserve officer, attended the Escola Superior de Guerra. He founded the Industrial Engineering Department at PUC-RIO, becoming its first director and establishing the first master's program in Industrial Engineering in Brazil. With several published articles, he works as a speaker, in Brazil and abroad.

He has accumulated vast experience, both as an executive and as a member of the Board of Directors and Fiscal Council of large companies, including Xerox do Brasil SA, Banco Brascan de Investimento SA, Banco de Montreal SA-MontrealBank, Grupo Multiplan and INB Indústrias Nucleares do Brasil .

Ruy Schneider served as a member of the Central Bank's capital market advisory board, participating in advising on the preparation of the external debt conversion program. He is president of the Board of Directors of the Liga da Reserva Naval do Brasil. Creator of the first multi-sponsored pension fund and introducing Defined Contribution funds in Brazil.