Petrobras, following up on the release disclosed on July 21, 2021, informs that, as scheduled, it concluded today the settlement of the Term of Commitment entered into with Fundação Petrobras de Seguridade Social (Petros) relating to the migration process of the Renegotiated and Non-Renegotiated Petrobras System’s Petros plans (PPSP-R and PPSP-NR) to the Petros Plan-3 (PP-3), in the amount of R$ 1.27 billion, duly updated.

PP-3 started on August 1, 2021. The plan was an exclusive option for voluntary and punctual migration of participants and assisted ones from PPSP-R and PPSP-NR, both post-70. PP-3 is a complementary pension plan alternative in the defined contribution modality.