<SEC-DOCUMENT>0001292814-23-002250.txt : 20230512
<SEC-HEADER>0001292814-23-002250.hdr.sgml : 20230512
<ACCEPTANCE-DATETIME>20230512104456
ACCESSION NUMBER:		0001292814-23-002250
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		4
CONFORMED PERIOD OF REPORT:	20230331
FILED AS OF DATE:		20230512
DATE AS OF CHANGE:		20230512

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PETROBRAS - PETROLEO BRASILEIRO SA
		CENTRAL INDEX KEY:			0001119639
		STANDARD INDUSTRIAL CLASSIFICATION:	CRUDE PETROLEUM & NATURAL GAS [1311]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			D5
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-15106
		FILM NUMBER:		23913886

	BUSINESS ADDRESS:	
		STREET 1:		AVENIDA REPUBLICA DO CHILE 65
		CITY:			RIO DE JANERIO RJ BR
		STATE:			D5
		ZIP:			20035-900
		BUSINESS PHONE:		55-21-534-4477

	MAIL ADDRESS:	
		STREET 1:		AVENIDA REPUBLICA DO CHILE 65
		CITY:			RIO DE JANERIO RJ BR
		STATE:			D5
		ZIP:			20035-900

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BRAZILIAN PETROLEUM CORP
		DATE OF NAME CHANGE:	20000717
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>pbritr1q23rs_6k.htm
<DESCRIPTION>6-K
<TEXT>
<HTML>
<HEAD>
<TITLE></TITLE>
</HEAD>
<BODY>


<P STYLE="font: 11pt/107% Calibri, Helvetica, Sans-Serif; margin: 0 0 8pt; text-indent: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 18pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>UNITED
STATES</B></FONT></P>

<P STYLE="font: 18pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>SECURITIES
AND EXCHANGE COMMISSION</B></FONT></P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Washington,
D.C. 20549</B></FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 18pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>FORM
6-K</B></FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif">Report
of Foreign Private Issuer<BR>
Pursuant to Rule 13a-16 or 15d-16 of the</FONT></P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif">Securities
Exchange Act of 1934</FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>For
the month of May, 2023</B></FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Commission
File Number 1-15106</B></FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 18pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>PETR&Oacute;LEO
BRASILEIRO S.A. &ndash; PETROBRAS</B></FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif">(Exact
name of registrant as specified in its charter)</FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0 0 14pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 18pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Brazilian
Petroleum Corporation &ndash; PETROBRAS</B></FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif">(Translation
of Registrant's name into English)</FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0 0 14pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Avenida
Henrique Valadares, 28 &ndash; 19th floor&nbsp;<BR>
20231-030 &ndash; Rio de Janeiro, RJ<BR>
Federative Republic of Brazil</B></FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif">(Address
of principal executive office)</FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif">Indicate
by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif">Form
20-F ___X___ Form 40-F _______</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif">Indicate
by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information
to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.</FONT></P>

<P STYLE="font: 10pt/11.5pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">Yes
_______ No___X____</FONT></P>

<P STYLE="font: 11pt/11.75pt Calibri, Helvetica, Sans-Serif; margin: 0 0 8pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 11pt/107% Calibri, Helvetica, Sans-Serif; margin: 0 0 8pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt/107% Calibri, Helvetica, Sans-Serif; margin: 0 0 8pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 11pt/107% Calibri, Helvetica, Sans-Serif; margin: 0 0 8pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 12pt/18pt PetrobrasSans-Light; margin: 5.05pt 14.2pt 0 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 12pt/18pt PetrobrasSans-Light; margin: 5.05pt 14.2pt 0 9.05pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="color: #006298; font: 56pt/67.2pt Times New Roman; margin: 0 0 0 8.9pt"><FONT STYLE="font-family: Times New Roman, Times, Serif"><I>Interim
Financial Information</I></FONT></P>

<P STYLE="color: #006298; font: 36pt Times New Roman; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif"><I>&nbsp;</I></FONT></P>

<P STYLE="font: 22pt Times New Roman,sans-serif; margin: 0; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><I>PETR&Oacute;LEO
BRASILEIRO S.A. - PETROBRAS</I></FONT></P>

<P STYLE="color: #006298; font: 26pt/42pt Times New Roman; margin: 0 0 0 21.3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif"><I>&nbsp;</I></FONT></P>

<P STYLE="color: #006298; font: 26pt/42pt Times New Roman; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif"><I>At March
31, 2023 and report on review of interim financial information</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="color: #006298; font: 26pt/42pt Times New Roman; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif"><I>(A free
translation of the original in Portuguese)</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;<IMG SRC="image_006.jpg" ALT=""></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 2 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="color: #008542; font: 9pt Times New Roman; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">INDEX</FONT></P>

<P STYLE="color: #008542; font: 9pt Times New Roman; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">PETROBRAS</FONT></P>

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: #BFBFBF 1.5pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="color: #008542; font: 9pt Times New Roman; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top; text-align: left">
  <TD><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_001">Parent Company Interim Accounting Information / Statement
  of Financial Position - Assets&#9;</A></FONT></TD>
  <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_001">3</A></FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_002">Parent Company Interim Accounting Information / Statement
  of Financial Position - Liabilities&#9;</A></FONT></TD>
  <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_002">4</A></FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_003">Parent Company Interim Accounting Information / Statement
  of Income&#9;</A></FONT></TD>
  <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_003">5</A></FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_004">Parent Company Interim Accounting Information / Statement
  of Comprehensive Income&#9;</A></FONT></TD>
  <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_004">6</A></FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_005">Parent Company Interim Accounting Information / Statement
  of Changes in Shareholders&rsquo; Equity - 01/01/2023 to 03/31/2023&#9;</A></FONT></TD>
  <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_005">7</A></FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_006">Parent Company Interim Accounting Information / Statement
  of Changes in Shareholders&rsquo; Equity - 01/01/2022 to 03/31/2022&#9;</A></FONT></TD>
  <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_006">8</A></FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_007">Parent Company Interim Accounting Information / Statement
  of Cash Flows &ndash; Indirect Method&#9;</A></FONT></TD>
  <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_007">9</A></FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_008">Parent Company Interim Accounting Information / Statement
  of Added Value&#9;</A></FONT></TD>
  <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_008">10</A></FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_009">Consolidated Interim Accounting Information / Statement
  of Financial Position - Assets&#9;</A></FONT></TD>
  <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_009">11</A></FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_010">Consolidated Interim Accounting Information / Statement
  of Financial Position - Liabilities&#9;</A></FONT></TD>
  <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_010">12</A></FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_011">Consolidated Interim Accounting Information / Statement
  of Income&#9;</A></FONT></TD>
  <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_011">13</A></FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_012">Consolidated Interim Accounting Information / Statement
  of Comprehensive Income&#9;</A></FONT></TD>
  <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_012">14</A></FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_013">Consolidated Interim Accounting Information / Statement
  of Changes in Shareholders&rsquo; Equity - 01/01/2023 to 03/31/2023&#9;</A></FONT></TD>
  <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_013">15</A></FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_014">Consolidated Interim Accounting Information / Statement
  of Changes in Shareholders&rsquo; Equity - 01/01/2022 to 03/31/2022&#9;</A></FONT></TD>
  <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_014">16</A></FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_015">Consolidated Interim Accounting Information / Statement
  of Cash Flows &ndash; Indirect Method&#9;</A></FONT></TD>
  <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_015">17</A></FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_016">Consolidated Interim Accounting Information / Statement
  of Added Value&#9;</A></FONT></TD>
  <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_016">18</A></FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_017">1.<FONT STYLE="font-size: 11pt">&#9;</FONT>Basis of preparation&#9;</A></FONT></TD>
  <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_017">19</A></FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_018">2.<FONT STYLE="font-size: 11pt">&#9;</FONT>Summary of
  significant accounting policies&#9;</A></FONT></TD>
  <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_018">19</A></FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_019">3.<FONT STYLE="font-size: 11pt">&#9;</FONT>Cash and cash
  equivalents and Marketable securities&#9;</A></FONT></TD>
  <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_019">19</A></FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_020">4.<FONT STYLE="font-size: 11pt">&#9;</FONT>Sales revenues&#9;</A></FONT></TD>
  <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_020">20</A></FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_021">5.<FONT STYLE="font-size: 11pt">&#9;</FONT>Costs and
  expenses by nature&#9;</A></FONT></TD>
  <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_021">21</A></FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_022">6.<FONT STYLE="font-size: 11pt">&#9;</FONT>Other income
  and expenses&#9;</A></FONT></TD>
  <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_022">21</A></FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_023">7.<FONT STYLE="font-size: 11pt">&#9;</FONT>Net finance
  income (expense)&#9;</A></FONT></TD>
  <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_023">22</A></FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_024">8.<FONT STYLE="font-size: 11pt">&#9;</FONT>Net income
  by operating segment&#9;</A></FONT></TD>
  <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_024">22</A></FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_025">9.<FONT STYLE="font-size: 11pt">&#9;</FONT>Trade and
  other receivables&#9;</A></FONT></TD>
  <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_025">24</A></FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_026">10.<FONT STYLE="font-size: 11pt">&#9;</FONT>Inventories&#9;</A></FONT></TD>
  <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_026">25</A></FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_027">11.<FONT STYLE="font-size: 11pt">&#9;</FONT>Trade payables&#9;</A></FONT></TD>
  <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_027">25</A></FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_028">12.<FONT STYLE="font-size: 11pt">&#9;</FONT>Taxes&#9;</A></FONT></TD>
  <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_028">26</A></FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_029">13.<FONT STYLE="font-size: 11pt">&#9;</FONT>Employee
  benefits&#9;</A></FONT></TD>
  <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_029">27</A></FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_030">14.<FONT STYLE="font-size: 11pt">&#9;</FONT>Provisions
  for legal proceedings, judicial deposits and contingent liabilities&#9;</A></FONT></TD>
  <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_030">32</A></FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_031">15<FONT STYLE="font-size: 11pt">&#9;</FONT>Provision
  for decommissioning costs&#9;</A></FONT></TD>
  <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_031">36</A></FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_032">16<FONT STYLE="font-size: 11pt">&#9;</FONT>Other assets
  and liabilities&#9;</A></FONT></TD>
  <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_032">36</A></FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_033">17<FONT STYLE="font-size: 11pt">&#9;</FONT>Property,
  plant and equipment&#9;</A></FONT></TD>
  <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_033">37</A></FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_034">18<FONT STYLE="font-size: 11pt">&#9;</FONT>Intangible
  assets&#9;</A></FONT></TD>
  <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_034">39</A></FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_035">19<FONT STYLE="font-size: 11pt">&#9;</FONT>Exploration
  and evaluation of oil and gas reserves&#9;</A></FONT></TD>
  <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_035">40</A></FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_036">20<FONT STYLE="font-size: 11pt">&#9;</FONT>Collateral
  for crude oil exploration concession agreements&#9;</A></FONT></TD>
  <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_036">40</A></FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_037">21<FONT STYLE="font-size: 11pt">&#9;</FONT>Investments&#9;</A></FONT></TD>
  <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_037">40</A></FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_038">22<FONT STYLE="font-size: 11pt">&#9;</FONT>Disposal of
  assets and other transactions&#9;</A></FONT></TD>
  <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_038">41</A></FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_039">23<FONT STYLE="font-size: 11pt">&#9;</FONT>Finance debt&#9;</A></FONT></TD>
  <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_039">43</A></FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_040">24<FONT STYLE="font-size: 11pt">&#9;</FONT>Lease liabilities&#9;</A></FONT></TD>
  <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_040">46</A></FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_041">25<FONT STYLE="font-size: 11pt">&#9;</FONT>Equity&#9;</A></FONT></TD>
  <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_041">47</A></FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_042">26<FONT STYLE="font-size: 11pt">&#9;</FONT>Risk management&#9;</A></FONT></TD>
  <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_042">48</A></FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_043">27<FONT STYLE="font-size: 11pt">&#9;</FONT>Related-party
  transactions&#9;</A></FONT></TD>
  <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_043">53</A></FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_044">28<FONT STYLE="font-size: 11pt">&#9;</FONT>Supplemental
  information on statement of cash flows&#9;</A></FONT></TD>
  <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_044">57</A></FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_045">29<FONT STYLE="font-size: 11pt">&#9;</FONT>Subsequent
  events&#9;</A></FONT></TD>
  <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_045">57</A></FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_046">30<FONT STYLE="font-size: 11pt">&#9;</FONT>Correlation
  between the explanatory notes of December 31, 2022 and the ones of March 31, 2023&#9;</A></FONT></TD>
  <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_046">59</A></FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_047">Statement of directors on interim accounting information
  and report on the review of quarterly information&#9;</A></FONT></TD>
  <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_047">60</A></FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="width: 90%"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_048">Independent Auditors' Report</A></FONT></TD>
  <TD STYLE="text-align: right; width: 10%"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="#a_048">61</A></FONT></TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P>


<!-- Field: Page; Sequence: 3; Options: NewSection; Value: 2 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="color: #008542; font: bold 9pt Times New Roman; margin: 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 9pt Times New Roman; width: 100%">
<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="border-bottom: Black 1pt solid; width: 90%"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A NAME="a_001"></A></FONT><P STYLE="font: bold 14pt Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">Petr&oacute;leo
                                            Brasileiro S.A. &ndash; Petrobras</FONT></P>

<P STYLE="color: #008542; font: bold 9pt Times New Roman; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">Parent Company
Interim Accounting Information / Statement of Financial Position - Assets</FONT></P>

<P STYLE="font: italic 9pt Times New Roman; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">(R$ Thousand)</FONT></P>

</TD>
  <TD STYLE="border-bottom: Black 1pt solid; text-align: right; width: 10%"><FONT STYLE="font-family: Times New Roman, Times, Serif"><IMG SRC="image_001.jpg" ALT="" STYLE="height: 46px; width: 156px"></FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
  <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
</TABLE>

<P STYLE="font: bold 9pt Times New Roman; color: #008542; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="color: #548DD4; font: bold 3pt Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="color: red; font: bold 3pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="color: #548DD4; font: bold 3pt Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 16%; border-top: black 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>Account
    Code</B></FONT></TD>
    <TD STYLE="width: 60%; border-top: black 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>Account
    Description</B></FONT></TD>
    <TD STYLE="width: 12%; border-top: black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>03.31.2023</B></FONT></TD>
    <TD STYLE="width: 12%; border-top: black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>12.31.2022</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Total
    Assets</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1,256,947,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1,268,330,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Current
    Assets</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">158,066,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">176,508,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1.01.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Cash
    and Cash Equivalents</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2,283,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3,627,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1.01.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Marketable
    Securities</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">9,679,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">9,109,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1.01.03</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Trade
    and Other Receivables</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">81,152,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">87,396,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1.01.04</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Inventories</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">36,856,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">39,016,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1.01.06</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Recoverable
    Taxes</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">5,712,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6,344,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1.01.06.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Current
    Recoverable Taxes</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">5,712,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6,344,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1.01.06.01.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Current
    Income Tax and Social Contribution</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">748,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">602,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1.01.06.01.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Other
    Recoverable Taxes</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">4,964,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">5,742,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1.01.08</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Other
    Current Assets</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">22,384,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">31,016,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1.01.08.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Non-Current
    Assets Held for Sale</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">10,102,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">19,365,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1.01.08.03</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Others</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">12,282,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">11,651,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1.01.08.03.03</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Others</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">12,282,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">11,651,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Non-Current
    Assets</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1,098,881,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1,091,822,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1.02.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Long-Term
    Receivables</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">114,423,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">105,183,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1.02.01.03</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Marketable
    Securities Measured at Amortized Cost</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">13,423,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">8,159,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1.02.01.04</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Trade
    and Other Receivables</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">8,509,000</FONT></TD>

    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">10,912,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1.02.01.07</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Deferred
    Taxes</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">20,197,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">19,349,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1.02.01.07.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Deferred
    Taxes and Contributions</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">20,197,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">19,349,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1.02.01.10</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Other
    Non-Current Assets</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">72,294,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">66,763,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1.02.01.10.04</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Judicial
    Deposits </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">60,657,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">57,239,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1.02.01.10.05</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Other
    Assets</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">11,637,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">9,524,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1.02.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Investments</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">270,851,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">271,427,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1.02.03</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Property,
    Plant and Equipment</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">698,263,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">699,786,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1.02.04</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Intangible
    Assets</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">15,344,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">15,426,000</FONT></TD></TR>
  </TABLE>

<!-- Field: Page; Sequence: 4 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="color: #008542; font: bold 9pt Times New Roman; margin: 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 9pt Times New Roman; width: 100%">
<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="border-bottom: Black 1pt solid; width: 90%"><P STYLE="font: bold 14pt Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A NAME="a_002"></A>Petr&oacute;leo
                                            Brasileiro S.A. &ndash; Petrobras</FONT></P>

<P STYLE="color: #008542; font: bold 9pt Times New Roman; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">Parent Company
Interim Accounting Information / Statement of Financial Position - Liabilities</FONT></P>

<P STYLE="font: italic 9pt Times New Roman; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">(R$ Thousand)</FONT></P>

</TD>
  <TD STYLE="border-bottom: Black 1pt solid; text-align: right; width: 10%"><FONT STYLE="font-family: Times New Roman, Times, Serif"><IMG SRC="image_001.jpg" ALT="" STYLE="height: 46px; width: 156px"></FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
  <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
</TABLE>
<P STYLE="font: bold 9pt Times New Roman; color: #008542; margin: 0"></P>



<P STYLE="color: #548DD4; font: bold 3pt Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 16%; border-top: black 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>Account
    Code</B></FONT></TD>
    <TD STYLE="width: 60%; border-top: black 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>Account
    Description</B></FONT></TD>
    <TD STYLE="width: 12%; border-top: black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>03.31.2023</B></FONT></TD>
    <TD STYLE="width: 12%; border-top: black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>12.31.2022</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Total
    Liabilities</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1,256,947,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1,268,330,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Current
    Liabilities</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">233,904,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">267,314,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.01.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Payroll,
    Profit Sharing and Related Charges</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7,402,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7,146,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.01.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Trade
    Payables</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">31,214,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">34,714,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.01.03</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Taxes
    Obligations</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">4,694,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">12,690,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.01.03.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Federal
    Taxes Obligations</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">4,694,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">12,690,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.01.03.01.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Income
    Tax and Social Contribution Payable</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">4,694,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">12,690,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.01.04</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Current
    Debt and Finance Lease Obligations</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">154,081,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">150,657,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.01.04.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Current
    Debt </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">124,355,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">120,724,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.01.04.03</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Lease
    Obligations</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">29,726,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">29,933,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.01.05</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Other
    Liabilities</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">27,421,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">50,711,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.01.05.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Others</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">27,421,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">50,711,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.01.05.02.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Dividends
    and Interest on Capital Payable</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">21,751,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.01.05.02.04</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Other
    Taxes Payable</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">15,026,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">15,576,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.01.05.02.06</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Other
    liabilities</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">12,395,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">13,384,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.01.06</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Provisions</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3,802,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3,750,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.01.06.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Other
    Provisions</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3,802,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3,750,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.01.06.02.04</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Pension
    and Medical Benefits</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3,802,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3,750,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.01.07</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Liabilities
    Associated with Non-Current Assets Held for Sale and Discontinued </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">5,290,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7,646,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.01.07.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Liabilities
    Associated with Non-Current Assets Held for Sale </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">5,290,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7,646,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Non-Current
    Liabilities</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">620,959,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">638,422,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.02.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Non-Current
    Debt and Finance Lease Obligations</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">391,321,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">417,644,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.02.01.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Non-Current
    Debt</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">294,388,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">315,417,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.02.01.03</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Lease
    Obligations</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">96,933,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">102,227,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.02.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Other
    Liabilities</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1,509,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1,538,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.02.02.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Others</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1,509,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1,538,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.02.02.02.03</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Income
    Taxes Payable</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1,509,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1,538,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.02.03</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Deferred
    Taxes</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">49,457,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">42,511,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.02.03.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Deferred
    Income Taxes</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">49,457,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">42,511,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.02.04</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Provisions</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">178,672,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">176,729,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.02.04.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Provisions
    for Tax Social Security, Labor and Civil Lawsuits</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">15,272,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">14,609,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.02.04.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Other
    Provisions</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">163,400,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">162,120,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.02.04.02.04</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Pension
    and Medical Benefits</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">55,473,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">54,000,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.02.04.02.05</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Provision
    for Decommissioning Costs</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">96,467,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">96,552,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.02.04.02.06</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Employee
    Benefits</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">671,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">761,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.02.04.02.07</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Other
    liabilities</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">10,789,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">10,807,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.03</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Shareholders'
    Equity</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">402,084,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">362,594,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.03.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Share
    Capital</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">205,432,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">205,432,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.03.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Capital
    Reserves</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3,318,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3,318,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.03.04</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Profit
    Reserves</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">166,502,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">128,346,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.03.08</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Other
    Comprehensive Income</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">26,832,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">25,498,000</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 5 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="color: #008542; font: bold 9pt Times New Roman; margin: 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 9pt Times New Roman; width: 100%">
<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="border-bottom: Black 1pt solid; width: 90%"><P STYLE="font: bold 14pt Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A NAME="a_003"></A>Petr&oacute;leo
                                            Brasileiro S.A. &ndash; Petrobras</FONT></P>

<P STYLE="color: #008542; font: bold 9pt Times New Roman; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">Parent Company
Interim Accounting Information / Statement of Income</FONT></P>

<P STYLE="font: italic 9pt Times New Roman; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">(R$ Thousand)</FONT></P>

</TD>
  <TD STYLE="border-bottom: Black 1pt solid; text-align: right; width: 10%"><FONT STYLE="font-family: Times New Roman, Times, Serif"><IMG SRC="image_001.jpg" ALT="" STYLE="height: 46px; width: 156px"></FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
  <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
</TABLE>
<P STYLE="font: bold 9pt Times New Roman; color: #008542; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="color: #548DD4; font: bold 3pt Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 12%; border-top: black 1pt solid; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>Account
    Code</B></FONT></TD>
    <TD STYLE="width: 64%; border-top: black 1pt solid; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>Account
    Description</B></FONT></TD>
    <TD STYLE="width: 12%; border-top: black 1pt solid; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>Accumulated
    of the Current Year 01/01/2023 to 03/31/2023</B></FONT></TD>
    <TD STYLE="width: 12%; border-top: black 1pt solid; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>Accumulated
    of the Previous Year 01/01/2022 to 03/31/2022</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Sales
    Revenues</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">129,138,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">134,448,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Cost
    of Sales</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(62,046,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(65,837,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3.03</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Gross
    Profit</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">67,092,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">68,611,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3.04</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Operating
    Expenses / Income</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(5,852,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(3,110,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3.04.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Selling
    Expenses</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(6,211,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(6,517,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3.04.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">General
    and Administrative Expenses</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(1,551,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(1,242,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3.04.05</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Other
    Operating Expenses</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(5,249,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(2,564,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3.04.05.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Other
    Taxes</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(815,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(271,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3.04.05.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Research
    and Development Expenses</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(800,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(1,081,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3.04.05.03</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Exploration
    Costs</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(816,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(406,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3.04.05.05</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Other
    Operating Expenses, Net</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(2,818,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(806,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3.04.06</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Share
    of Profit / Gains on Interest in Equity-Accounted Investments</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7,159,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7,213,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3.05</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Net
    Income Before Financial Results and Income Taxes</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">61,240,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">65,501,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3.06</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Finance
    Income (Expenses), Net</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(6,156,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1,361,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3.06.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Finance
    Income</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2,694,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1,631,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3.06.01.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Finance
    Income</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2,694,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1,631,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3.06.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Finance
    Expenses</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(8,850,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(270,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3.06.02.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Finance
    Expenses</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(8,219,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(6,741,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3.06.02.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Foreign
    Exchange and Inflation Indexation Charges, Net</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(631,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6,471,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3.07</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Net
    Income Before Income Taxes</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">55,084,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">66,862,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3.08</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Income
    Tax and Social Contribution</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(16,928,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(22,301,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3.08.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Current</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(14,410,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(12,514,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3.08.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Deferred</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(2,518,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(9,787,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3.09</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Net
    Income from Continuing Operations</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">38,156,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">44,561,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3.11</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Income
    / (Loss) for the Period </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">38,156,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">44,561,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3.99.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Income
    per Share&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3.99.01.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Ordinary
    Shares</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.93</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3.42</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3.99.01.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Preferred
    Shares</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.93</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3.42</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3.99.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Diluted
    Income per Share</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3.99.02.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Ordinary
    Shares</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.93</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3.42</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3.99.02.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Preferred
    Shares</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.93</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3.42</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="color: #548DD4; font: bold 3pt Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 6 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="color: #008542; font: bold 9pt Times New Roman; margin: 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 9pt Times New Roman; width: 100%">
<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="border-bottom: Black 1pt solid; width: 90%"><P STYLE="font: bold 14pt Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A NAME="a_004"></A>Petr&oacute;leo
                                            Brasileiro S.A. &ndash; Petrobras</FONT></P>

<P STYLE="color: #008542; font: bold 9pt Times New Roman; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">Parent Company
Interim Accounting Information / Statement of Comprehensive Income</FONT></P>

<P STYLE="font: italic 9pt Times New Roman; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">(R$ Thousand)</FONT></P>

</TD>
  <TD STYLE="border-bottom: Black 1pt solid; text-align: right; width: 10%"><FONT STYLE="font-family: Times New Roman, Times, Serif"><IMG SRC="image_001.jpg" ALT="" STYLE="height: 46px; width: 156px"></FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
  <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
</TABLE>
<P STYLE="font: bold 9pt Times New Roman; color: #008542; margin: 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 8%; border-top: black 1pt solid; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>Account
    Code</B></FONT></TD>
    <TD STYLE="width: 76%; border-top: black 1pt solid; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>Account
    Description</B></FONT></TD>
    <TD STYLE="width: 8%; border-top: black 1pt solid; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>Accumulated
    of the Current Year 01/01/2023 to 03/31/2023</B></FONT></TD>
    <TD STYLE="width: 8%; border-top: black 1pt solid; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>Accumulated
    of the Previous Year 01/01/2022 to 03/31/2022</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">4.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Net
    Income for the Period</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">38,156,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">44,561,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">4.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Other
    Comprehensive Income</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1,334,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2,304,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">4.02.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Actuarial
    Gains / (Losses) on Defined Benefits Plans </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(570,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">4.02.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Deferred
    Income Tax and Social Contribution on Actuarial Gains / (Losses) on Defined Benefits Plans </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">194,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">4.02.03</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Translation
    Adjustments in investees</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(7,782,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(43,296,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">4.02.07</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Unrealized
    Gains / (Losses) on Cash Flow Hedge&nbsp;&nbsp;- Recognized in Shareholders' Equity</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7,691,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">59,908,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">4.02.08</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Unrealized
    Gains / (Losses) on Cash Flow Hedge&nbsp;&nbsp;- Reclassified to Profit and Loss</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">5,897,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7,221,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">4.02.09</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Deferred
    Income Tax and Social Contribution on Cash Flow Hedge</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(4,620,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(22,824,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">4.02.10</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Share
    of Other Comprehensive Income of Equity-Accounted Investments</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">524,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1,295,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">4.03</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Total
    Comprehensive Income for the Period</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">39,490,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">46,865,000</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 7 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->6<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="color: #008542; font: bold 9pt Times New Roman; margin: 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 9pt Times New Roman; width: 100%">
<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="border-bottom: Black 1pt solid; width: 90%"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A NAME="a_005"></A></FONT><P STYLE="font: bold 14pt Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">Petr&oacute;leo
                                            Brasileiro S.A. &ndash; Petrobras</FONT></P>

<P STYLE="color: #008542; font: bold 9pt Times New Roman; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">Parent Company
Interim Accounting Information / Statement of Changes in Shareholders&rsquo; Equity - 01/01/2023 to 03/31/2023</FONT></P>

<P STYLE="font: italic 9pt Times New Roman; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">(R$ Thousand)</FONT></P>

</TD>
  <TD STYLE="border-bottom: Black 1pt solid; text-align: right; width: 10%"><FONT STYLE="font-family: Times New Roman, Times, Serif"><IMG SRC="image_001.jpg" ALT="" STYLE="height: 46px; width: 156px"></FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
  <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
</TABLE>
<P STYLE="font: bold 9pt Times New Roman; color: #008542; margin: 0"></P>



<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 10%; border-top: black 1pt solid; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>Account
    Code</B></FONT></TD>
    <TD STYLE="width: 30%; border-top: black 1pt solid; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>Account
    Description</B></FONT></TD>
    <TD STYLE="width: 10%; border-top: black 1pt solid; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>Share
    Capital</B></FONT></TD>
    <TD STYLE="width: 10%; border-top: black 1pt solid; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>Capital
    Reserves, Granted Options and Treasury Shares</B></FONT></TD>
    <TD STYLE="width: 10%; border-top: black 1pt solid; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>Profit
    Reserves</B></FONT></TD>
    <TD STYLE="width: 10%; border-top: black 1pt solid; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>Retained
    Earnings / Accumulated Losses</B></FONT></TD>
    <TD STYLE="width: 10%; border-top: black 1pt solid; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>Other
    Comprehensive Income</B></FONT></TD>
    <TD STYLE="width: 10%; border-top: black 1pt solid; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>Shareholders'
    Equity</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">5.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Balance
    at the Beginning of the Period</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">205,432,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3,318,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">128,346,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">25,498,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">362,594,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">5.03</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Adjusted
    Opening Balance </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">205,432,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3,318,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">128,346,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">25,498,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">362,594,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">5.05</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Total
    of Comprehensive Income</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">38,156,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1,334,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">39,490,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">5.05.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Net
    Income for the Period</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">38,156,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">38,156,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">5.05.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Other
    Comprehensive Income</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1,334,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1,334,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">5.07</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Balance
    at the End of the Period</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">205,432,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3,318,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">128,346,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">38,156,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">26,832,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">402,084,000</FONT></TD></TR>
  </TABLE>

<!-- Field: Page; Sequence: 8 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->7<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="color: #008542; font: bold 9pt Times New Roman; margin: 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 9pt Times New Roman; width: 100%">
<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="border-bottom: Black 1pt solid; width: 90%"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A NAME="a_006"></A></FONT><P STYLE="font: bold 14pt Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">Petr&oacute;leo
                                            Brasileiro S.A. &ndash; Petrobras</FONT></P>

<P STYLE="color: #008542; font: bold 9pt Times New Roman; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">Parent Company
Interim Accounting Information / Statement of Changes in Shareholders&rsquo; Equity - 01/01/2022 to 03/31/2022</FONT></P>

<P STYLE="font: italic 9pt Times New Roman; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">(R$ Thousand)</FONT></P>

</TD>
  <TD STYLE="border-bottom: Black 1pt solid; text-align: right; width: 10%"><FONT STYLE="font-family: Times New Roman, Times, Serif"><IMG SRC="image_001.jpg" ALT="" STYLE="height: 46px; width: 156px"></FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
  <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
</TABLE>
<P STYLE="font: bold 9pt Times New Roman; color: #008542; margin: 0"></P>



<P STYLE="color: red; font: bold 3pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="color: #548DD4; font: bold 3pt Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 10%; border-top: black 1pt solid; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>Account
    Code</B></FONT></TD>
    <TD STYLE="width: 30%; border-top: black 1pt solid; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>Account
    Description</B></FONT></TD>
    <TD STYLE="width: 10%; border-top: black 1pt solid; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>Share
    Capital</B></FONT></TD>
    <TD STYLE="width: 10%; border-top: black 1pt solid; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>Capital
    Reserves, Granted Options and Treasury Shares</B></FONT></TD>
    <TD STYLE="width: 10%; border-top: black 1pt solid; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>Profit
    Reserves</B></FONT></TD>
    <TD STYLE="width: 10%; border-top: black 1pt solid; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>Retained
    Earnings / Accumulated Losses</B></FONT></TD>
    <TD STYLE="width: 10%; border-top: black 1pt solid; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>Other
    Comprehensive Income</B></FONT></TD>
    <TD STYLE="width: 10%; border-top: black 1pt solid; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>Shareholders'
    Equity</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">5.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Balance
    at the Beginning of the Period</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">205,432,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3,313,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">164,028,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">14,556,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">387,329,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">5.03</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Adjusted
    Opening Balance </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">205,432,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3,313,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">164,028,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">14,556,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">387,329,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">5.05</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Total
    of Comprehensive Income</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">44,561,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2,304,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">46,865,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">5.05.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Net
    Income for the Period</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">44,561,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">44,561,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">5.05.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Other
    Comprehensive Income</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2,304,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2,304,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">5.07</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Balance
    at the End of the Period</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">205,432,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3,313,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">164,028,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">44,561,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">16,860,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">434,194,000</FONT></TD></TR>
  </TABLE>
<P STYLE="color: #548DD4; font: bold 3pt Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">b</FONT></P>


<!-- Field: Page; Sequence: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->8<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="color: #008542; font: bold 9pt Times New Roman; margin: 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 9pt Times New Roman; width: 100%">
<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="border-bottom: Black 1pt solid; width: 90%"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A NAME="a_007"></A></FONT><P STYLE="font: bold 14pt Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">Petr&oacute;leo
                                            Brasileiro S.A. &ndash; Petrobras</FONT></P>

<P STYLE="color: #008542; font: bold 9pt Times New Roman; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">Parent Company
Interim Accounting Information / Statement of Cash Flows &ndash; Indirect Method</FONT></P>

<P STYLE="font: italic 9pt Times New Roman; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">(R$ Thousand)</FONT></P>

</TD>
  <TD STYLE="border-bottom: Black 1pt solid; text-align: right; width: 10%"><FONT STYLE="font-family: Times New Roman, Times, Serif"><IMG SRC="image_001.jpg" ALT="" STYLE="height: 46px; width: 156px"></FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
  <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
</TABLE>
<P STYLE="font: bold 9pt Times New Roman; color: #008542; margin: 0"></P>



<P STYLE="color: #548DD4; font: bold 3pt Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 16%; border-top: black 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>Account
    Code</B></FONT></TD>
    <TD STYLE="width: 60%; border-top: black 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>Account
    Description</B></FONT></TD>
    <TD STYLE="width: 12%; border-top: black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>Accumulated
    of the Current Year 01/01/2023 to 03/31/2023</B></FONT></TD>
    <TD STYLE="width: 12%; border-top: black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>Accumulated
    of the Previous Year 01/01/2022 to 03/31/2022</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Net
    cash provided by operating activities</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">25,718,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">28,674,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.01.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Cash
    provided by operating activities</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">70,633,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">75,748,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.01.01.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Net
    Income for the period</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">38,156,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">44,561,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.01.01.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Pension
    and medical benefits (actuarial expense)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1,873,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1,568,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.01.01.03</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Results
    in equity-accounted investments</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(7,159,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(7,213,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.01.01.04</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Depreciation,
    depletion and amortization</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">16,032,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">17,402,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.01.01.05</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Impairment
    of assets (reversal) </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(70,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(10,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.01.01.06</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Exploratory
    expenditures write-offs</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">165,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">114,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.01.01.07</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Losses
    on legal, administrative and arbitration proceedings</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1,160,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1,213,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.01.01.08</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Foreign
    exchange, indexation and finance charges </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">5,466,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(1,297,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.01.01.10</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Allowance
    (reversals) for expected credit losses</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">117,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">115,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.01.01.13</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Revision
    and unwinding of discount on the provision for decommissioning costs</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1,095,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">801,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.01.01.15</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Income
    Taxes</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">16,928,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">22,301,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.01.01.16</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Results
    from co-participation agreements in bid areas</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(144,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.01.01.17</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Disposal/write-offs
    of assets, remeasurement of investment retained with loss of control and reclassification of CTA</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(2,137,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(2,682,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.01.01.19</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Early
    termination and cash outflows revision of lease agreements</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(849,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(1,125,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.01.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Decrease
    / (increase) in assets / increase/ (decrease) in liabilities </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(23,242,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(39,415,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.01.02.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Trade
    and other receivables, net</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(18,610,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(18,817,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.01.02.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Inventories</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2,158,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(9,022,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.01.02.03</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Judicial
    deposits</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(2,073,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(2,055,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.01.02.05</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Other
    assets</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1,046,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(191,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.01.02.06</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Trade
    payables</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(2,974,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1,000,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.01.02.07</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Other
    taxes</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(992,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">630,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.01.02.08</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Pension
    and medical benefits </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(921,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(7,673,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.01.02.09</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Provisions
    for legal proceedings</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(412,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(288,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.01.02.10</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Other
    Employee Benefits</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">168,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(763,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.01.02.12</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Provision
    for Decommissioning Costs</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(822,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(702,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.01.02.14</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Other
    liabilities</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">190,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(1,534,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.01.03</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Others</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(21,673,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(7,659,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.01.03.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Income
    Taxes Paid</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(21,673,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(7,659,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Net
    cash used in investing activities</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(2,429,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(3,980,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.02.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Acquisition
    of PP&amp;E and intangibles assets</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(12,780,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(11,899,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.02.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Decrease
    (increase) in investments in investees</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(25,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(45,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.02.03</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Proceeds
    from disposal of assets - Divestment</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">9,643,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">9,185,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.02.04</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Divestment
    (investment) in marketable securities</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(1,585,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(1,631,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.02.05</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Dividends
    received</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">286,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">91,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.02.08</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Financial
    compensation for Co-participation Agreement</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2,032,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">319,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.03</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Net
    cash used in financing activities</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(24,633,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(24,748,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.03.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Proceeds
    from financing</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">34,235,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3,184,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.03.03</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Repayment
    of principal - finance debt</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(22,716,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(15,565,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.03.04</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Repayment
    of interest - finance debt</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(6,879,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(5,136,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.03.05</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Dividends
    paid to shareholders of Petrobras</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(21,803,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(2,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.03.08</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Settlement
    of lease liabilities</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(7,470,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(7,229,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.05</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Net
    increase/ (decrease) in cash and cash equivalents</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(1,344,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(54,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.05.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Cash
    and cash equivalents at the beginning of the year</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3,627,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2,930,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.05.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Cash
    and cash equivalents at the end of the period</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2,283,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2,876,000</FONT></TD></TR>
  </TABLE>

<!-- Field: Page; Sequence: 10 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->9<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="color: #008542; font: bold 9pt Times New Roman; margin: 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 9pt Times New Roman; width: 100%">
<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="border-bottom: Black 1pt solid; width: 90%"><P STYLE="font: bold 14pt Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A NAME="a_008"></A>Petr&oacute;leo
                                            Brasileiro S.A. &ndash; Petrobras</FONT></P>

<P STYLE="color: #008542; font: bold 9pt Times New Roman; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">Parent Company
Interim Accounting Information / Statement of Added Value</FONT></P>

<P STYLE="font: italic 9pt Times New Roman; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">(R$ Thousand)</FONT></P>

</TD>
  <TD STYLE="border-bottom: Black 1pt solid; text-align: right; width: 10%"><FONT STYLE="font-family: Times New Roman, Times, Serif"><IMG SRC="image_001.jpg" ALT="" STYLE="height: 46px; width: 156px"></FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
  <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
</TABLE>
<P STYLE="font: bold 9pt Times New Roman; color: #008542; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 16%; border-top: black 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>Account
    Code</B></FONT></TD>
    <TD STYLE="width: 60%; border-top: black 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>Account
    Description</B></FONT></TD>
    <TD STYLE="width: 12%; border-top: black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>Accumulated
    of the Current Year 01/01/2023 to 03/31/2023</B></FONT></TD>
    <TD STYLE="width: 12%; border-top: black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>Accumulated
    of the Previous Year 01/01/2022 to 03/31/2022</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Sales
    Revenues</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">164,490,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">176,913,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7.01.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Sales
    of Goods and Services</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">145,779,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">165,040,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7.01.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Other
    Revenues</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">8,077,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3,949,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7.01.03</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Revenues
    Related to the Construction of Assets to be Used in Own Operations</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">10,751,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">8,039,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7.01.04</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Allowance
    for expected credit losses</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(117,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(115,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Inputs
    Acquired from Third Parties</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(60,199,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(49,192,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7.02.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Cost
    of Sales</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(24,496,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(30,792,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7.02.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Materials,
    Power, Third-Party Services and Other Operating Expenses </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(25,673,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(7,706,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7.02.03</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Impairment
    Charges / Reversals of Assets</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">70,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">10,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7.02.04</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Others
    </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(10,100,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(10,704,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7.02.04.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Tax
    Credits on Inputs Acquired from Third Parties</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(10,100,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(10,704,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7.03</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Gross
    Added Value</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">104,291,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">127,721,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7.04</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Retentions
    </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(18,617,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(19,301,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7.04.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Depreciation,
    Amortization and Depletion</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(18,617,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(19,301,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7.05</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Net
    Added Value Produced </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">85,674,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">108,420,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7.06</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Transferred
    Added Value</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">11,395,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">10,149,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7.06.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Share
    of Profit of Equity-Accounted Investments</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7,159,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7,213,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7.06.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Finance
    Income </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2,694,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1,631,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7.06.03</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Others
    </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1,542,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1,305,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7.06.03.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Rentals,
    royalties and others</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1,542,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1,305,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7.07</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Total
    Added Value to be Distributed</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">97,069,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">118,569,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7.08</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Distribution
    of Added Value</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">97,069,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">118,569,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7.08.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Employee
    Compensation</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6,967,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6,165,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7.08.01.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Salaries</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">4,314,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3,850,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7.08.01.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Fringe
    Benefits </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2,387,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2,074,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7.08.01.03</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Unemployment
    Benefits (FGTS)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">266,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">241,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7.08.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Taxes
    and Contributions</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">39,838,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">64,754,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7.08.02.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Federal</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">33,898,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">52,636,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7.08.02.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">State
    </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">5,893,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">12,003,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7.08.02.03</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Municipal
    </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">47,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">115,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7.08.03</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Return
    on Third-Party Capital</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">12,108,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3,089,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7.08.03.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Interest</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">10,258,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1,477,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7.08.03.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Rental
    Expenses</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1,850,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1,612,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7.08.04</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Return
    on Shareholders' Equity </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">38,156,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">44,561,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7.08.04.03</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Retained
    Earnings / (Losses) for the Period</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">38,156,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">44,561,000</FONT></TD></TR>
  </TABLE>
<P STYLE="color: #548DD4; font: bold 3pt Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="color: #548DD4; font: bold 3pt Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="color: red; font: bold 3pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="color: red; font: bold 3pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 11 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->10<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="color: #008542; font: bold 9pt Times New Roman; margin: 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 9pt Times New Roman; width: 100%">
<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="border-bottom: Black 1pt solid; width: 90%"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A NAME="a_009"></A></FONT><P STYLE="font: bold 14pt Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">Petr&oacute;leo
                                            Brasileiro S.A. &ndash; Petrobras</FONT></P>

<P STYLE="color: #008542; font: bold 9pt Times New Roman; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">Consolidated
Interim Accounting Information / Statement of Financial Position - Assets</FONT></P>

<P STYLE="font: italic 9pt Times New Roman; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">(R$ Thousand)</FONT></P>

</TD>
  <TD STYLE="border-bottom: Black 1pt solid; text-align: right; width: 10%"><FONT STYLE="font-family: Times New Roman, Times, Serif"><IMG SRC="image_001.jpg" ALT="" STYLE="height: 46px; width: 156px"></FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
  <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
</TABLE>
<P STYLE="font: bold 9pt Times New Roman; color: #008542; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="color: #548DD4; font: bold 3pt Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 16%; border-top: black 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>Account
    Code</B></FONT></TD>
    <TD STYLE="width: 60%; border-top: black 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>Account
    Description</B></FONT></TD>
    <TD STYLE="width: 12%; border-top: black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>03.31.2023</B></FONT></TD>
    <TD STYLE="width: 12%; border-top: black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>12.31.2022</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Total
    Assets</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">978,577,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">976,709,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Current
    Assets</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">157,194,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">163,052,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1.01.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Cash
    and Cash Equivalents</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">52,277,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">41,723,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1.01.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Marketable
    Securities</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">14,629,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">14,470,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1.01.03</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Trade
    and Other Receivables</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">23,497,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">26,142,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1.01.04</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Inventories</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">40,483,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">45,804,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1.01.06</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Recoverable
    Taxes</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6,102,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6,819,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1.01.06.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Current
    Recoverable Taxes</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6,102,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6,819,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1.01.06.01.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Recoverable
    Income Taxes</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">918,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">859,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1.01.06.01.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Other
    Recoverable Taxes</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">5,184,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">5,960,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1.01.08</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Other
    Current Assets</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">20,206,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">28,094,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1.01.08.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Non-Current
    Assets Held for Sale</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">9,853,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">18,823,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1.01.08.03</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Others</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">10,353,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">9,271,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1.01.08.03.03</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Others</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">10,353,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">9,271,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Non-Current
    Assets</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">821,383,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">813,657,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1.02.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Long-Term
    Receivables</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">118,949,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">110,722,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1.02.01.03</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Marketable
    Securities measured at amortized cost</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">13,423,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">8,159,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1.02.01.04</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Trade
    and Other Receivables</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">9,868,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">12,729,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1.02.01.07</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Deferred
    Taxes</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">24,282,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">24,057,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1.02.01.07.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Deferred
    Income Tax and Social Contribution</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3,699,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">4,342,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1.02.01.07.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Deferred
    Taxes and Contributions</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">20,583,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">19,715,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1.02.01.10</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Other
    Non-Current Assets</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">71,376,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">65,777,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1.02.01.10.04</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Judicial
    Deposits </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">61,095,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">57,671,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1.02.01.10.05</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Other
    Assets</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">10,281,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">8,106,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1.02.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Investments</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">8,314,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">8,172,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1.02.03</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Property,
    Plant and Equipment</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">678,621,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">679,182,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1.02.04</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Intangible
    Assets</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">15,499,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">15,581,000</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="color: #548DD4; font: bold 3pt Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 12 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->11<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 9pt Times New Roman; width: 100%">
<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="border-bottom: Black 1pt solid; width: 90%"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A NAME="a_010"></A></FONT><P STYLE="font: bold 14pt Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">Petr&oacute;leo
                                            Brasileiro S.A. &ndash; Petrobras</FONT></P>

<P STYLE="color: #008542; font: bold 9pt Times New Roman; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">Consolidated
Interim Accounting Information / Statement of Financial Position - Liabilities</FONT></P>

<P STYLE="font: italic 9pt Times New Roman; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">(R$ Thousand)</FONT></P>

<P STYLE="font: 5pt Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">b</FONT></P>
<P STYLE="font: italic 9pt Times New Roman; margin: 0"></P>

</TD>
  <TD STYLE="border-bottom: Black 1pt solid; text-align: right; width: 10%"><FONT STYLE="font-family: Times New Roman, Times, Serif"><IMG SRC="image_001.jpg" ALT="" STYLE="height: 46px; width: 156px"></FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
  <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"></P>

<P STYLE="color: #008542; font: bold 9pt Times New Roman; margin: 0"></P>

<P STYLE="color: red; font: bold 3pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 16%; border-top: black 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>Account
    Code</B></FONT></TD>
    <TD STYLE="width: 60%; border-top: black 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>Account
    Description</B></FONT></TD>
    <TD STYLE="width: 12%; border-top: black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>03.31.2023</B></FONT></TD>
    <TD STYLE="width: 12%; border-top: black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>12.31.2022</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Total
    Liabilities</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">978,577,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">976,709,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Current
    Liabilities</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">128,450,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">163,731,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.01.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Payroll,
    Profit Sharing and Related Charges</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">8,080,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7,805,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.01.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Trade
    Payables</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">25,643,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">28,507,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.01.03</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Taxes
    Obligations</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6,891,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">15,045,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.01.03.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Federal
    Taxes Obligations</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6,891,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">15,045,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.01.03.01.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Income
    Taxes Payable</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6,891,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">15,045,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.01.04</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Current
    Debt and Lease Obligations</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">49,483,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">47,650,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.01.04.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Current
    Debt </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">20,818,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">18,656,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.01.04.03</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Lease
    Obligations</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">28,665,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">28,994,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.01.05</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Other
    Liabilities</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">29,261,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">53,328,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.01.05.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Others</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">29,261,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">53,328,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.01.05.02.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Dividends
    and Interest on Capital Payable</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">21,762,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.01.05.02.04</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Other
    Taxes Payable</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">15,356,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">15,906,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.01.05.02.06</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Other
    liabilities</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">13,905,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">15,660,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.01.06</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Provisions</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3,802,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3,750,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.01.06.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Other
    Provisions</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3,802,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3,750,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.01.06.02.04</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Pension
    and Medical Benefits</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3,802,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3,750,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.01.07</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Liabilities
    Associated with Non-Current Assets Held for Sale and Discontinued </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">5,290,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7,646,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.01.07.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Liabilities
    Associated with Non-Current Assets Held for Sale </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">5,290,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7,646,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Non-Current
    Liabilities</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">446,722,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">448,593,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.02.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Non-Current
    Debt and Finance Lease Obligations</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">221,548,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">233,053,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.02.01.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Non-Current
    Debt</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">130,757,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">137,630,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.02.01.03</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Lease
    Obligations</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">90,791,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">95,423,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.02.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Other
    Liabilities</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1,549,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1,578,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.02.02.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Others</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1,549,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1,578,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.02.02.02.03</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Income
    Taxes Payable</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1,549,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1,578,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.02.03</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Deferred
    Taxes</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">42,576,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">35,220,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.02.03.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Deferred
    Taxes</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">42,576,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">35,220,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.02.04</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Provisions</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">181,049,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">178,742,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.02.04.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Provisions
    for Tax Social Security, Labor and Civil Lawsuits</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">16,472,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">15,703,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.02.04.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Other
    Provisions</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">164,577,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">163,039,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.02.04.02.04</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Pension
    and Medical Benefits</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">56,446,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">54,925,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.02.04.02.05</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Provision
    for Decommissioning Costs</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">96,954,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">97,048,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.02.04.02.06</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Employee
    Benefits</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">686,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">776,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.02.04.02.07</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Other
    liabilities</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">10,491,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">10,290,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.03</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Shareholders'
    Equity</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">403,405,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">364,385,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.03.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Share
    Capital</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">205,432,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">205,432,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.03.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Capital
    Reserves</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3,102,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3,102,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.03.04</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Profit
    Reserves</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">166,718,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">128,562,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.03.08</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Other
    Comprehensive Income</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">26,832,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">25,498,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.03.09</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Non-controlling
    interests</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1,321,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1,791,000</FONT></TD></TR>
  </TABLE>
<P STYLE="color: #548DD4; font: bold 3pt Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="color: #548DD4; font: bold 3pt Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 13 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->12<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="color: #008542; font: bold 9pt Times New Roman; margin: 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 9pt Times New Roman; width: 100%">
<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="border-bottom: Black 1pt solid; width: 90%"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A NAME="a_011"></A></FONT><P STYLE="font: bold 14pt Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">Petr&oacute;leo
                                            Brasileiro S.A. &ndash; Petrobras</FONT></P>

<P STYLE="color: #008542; font: bold 9pt Times New Roman; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">Consolidated
Interim Accounting Information / Statement of Income</FONT></P>

<P STYLE="font: italic 9pt Times New Roman; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">(R$ Thousand)</FONT></P>

<P STYLE="font: italic 9pt Times New Roman; margin: 0"></P>

</TD>
  <TD STYLE="border-bottom: Black 1pt solid; text-align: right; width: 10%"><FONT STYLE="font-family: Times New Roman, Times, Serif"><IMG SRC="image_001.jpg" ALT="" STYLE="height: 46px; width: 156px"></FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
  <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
</TABLE>
<P STYLE="font: bold 9pt Times New Roman; color: #008542; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 12%; border-top: black 1pt solid; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>Account
    Code</B></FONT></TD>
    <TD STYLE="width: 64%; border-top: black 1pt solid; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>Account
    Description</B></FONT></TD>
    <TD STYLE="width: 12%; border-top: black 1pt solid; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>Accumulated
    of the Current Year 01/01/2023 to 03/31/2023</B></FONT></TD>
    <TD STYLE="width: 12%; border-top: black 1pt solid; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>Accumulated
    of the Previous Year 01/01/2022 to 03/31/2022</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Sales
    Revenues</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">139,068,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">141,641,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Cost
    of Sales</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(65,757,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(66,875,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3.03</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Gross
    Profit</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">73,311,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">74,766,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3.04</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Operating
    Expenses / Income</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(13,114,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(9,368,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3.04.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Selling
    Expenses</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(6,344,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(6,159,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3.04.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">General
    and Administrative Expenses</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(1,855,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(1,559,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3.04.05</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Other
    Operating Expenses</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(5,096,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(3,466,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3.04.05.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Other
    Taxes</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(1,039,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(311,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3.04.05.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Research
    and Development Expenses</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(800,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(1,081,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3.04.05.03</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Exploration
    Costs</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(817,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(408,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3.04.05.05</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Other
    Operating Expenses, Net</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(2,440,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(1,666,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3.04.06</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Share
    of Profit / Gains on Interest in Equity-Accounted Investments</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">181,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1,816,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3.05</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Net
    Income Before Financial Results and Income Taxes</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">60,197,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">65,398,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3.06</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Finance
    Income (Expenses), Net</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(3,200,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2,983,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3.06.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Finance
    Income</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2,419,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1,360,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3.06.01.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Finance
    Income</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2,419,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1,360,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3.06.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Finance
    Expenses</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(5,619,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1,623,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3.06.02.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Finance
    Expenses</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(4,387,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(3,969,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3.06.02.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Foreign
    Exchange and Inflation Indexation Charges, Net</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(1,232,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">5,592,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3.07</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Net
    Income Before Income Taxes</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">56,997,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">68,381,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3.08</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Income
    Tax and Social Contribution</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(18,690,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(23,598,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3.08.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Current</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(15,192,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(13,463,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3.08.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Deferred</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(3,498,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(10,135,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3.09</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Net
    Income from Continuing Operations</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">38,307,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">44,783,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3.11</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Income
    / (Loss) for the Period</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">38,307,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">44,783,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3.11.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Attributable
    to Shareholders of Petrobras</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">38,156,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">44,561,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3.11.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Attributable
    to Non-Controlling Interests</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">151,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">222,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3.99.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Income
    per Share&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3.99.01.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Ordinary
    Shares</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.93</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3.42</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3.99.01.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Preferred
    Shares</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.93</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3.42</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3.99.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Diluted
    Income per Share</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3.99.02.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Ordinary
    Shares</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.93</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3.42</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3.99.02.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Preferred
    Shares</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2.93</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3.42</FONT></TD></TR>
  </TABLE>
<P STYLE="color: #548DD4; font: bold 3pt Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="color: #548DD4; font: bold 3pt Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="color: red; font: bold 3pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 14 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->13<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="color: #008542; font: bold 9pt Times New Roman; margin: 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 9pt Times New Roman; width: 100%">
<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="border-bottom: Black 1pt solid; width: 90%"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A NAME="a_012"></A></FONT><P STYLE="font: bold 14pt Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">Petr&oacute;leo
                                            Brasileiro S.A. &ndash; Petrobras</FONT></P>

<P STYLE="color: #008542; font: bold 9pt Times New Roman; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">Consolidated
Interim Accounting Information / Statement of Comprehensive Income</FONT></P>

<P STYLE="font: italic 9pt Times New Roman; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">(R$ Thousand)</FONT></P>

<P STYLE="font: italic 9pt Times New Roman; margin: 0"></P>

</TD>
  <TD STYLE="border-bottom: Black 1pt solid; text-align: right; width: 10%"><FONT STYLE="font-family: Times New Roman, Times, Serif"><IMG SRC="image_001.jpg" ALT="" STYLE="height: 46px; width: 156px"></FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
  <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
</TABLE>
<P STYLE="font: bold 9pt Times New Roman; color: #008542; margin: 0"></P>

<P STYLE="color: red; font: bold 3pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 8%; border-top: black 1pt solid; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>Account
    Code</B></FONT></TD>
    <TD STYLE="width: 76%; border-top: black 1pt solid; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>Account
    Description</B></FONT></TD>
    <TD STYLE="width: 8%; border-top: black 1pt solid; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>Accumulated
    of the Current Year 01/01/2023 to 03/31/2023</B></FONT></TD>
    <TD STYLE="width: 8%; border-top: black 1pt solid; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>Accumulated
    of the Previous Year 01/01/2022 to 03/31/2022</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">4.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Net
    Income for the Period</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">38,307,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">44,783,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">4.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Other
    Comprehensive Income</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1,334,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2,300,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">4.02.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Actuarial
    Gains (Losses) on Post-employment Defined Benefits Plans</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(570,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">4.02.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Deferred
    Income Tax and Social Contribution on Actuarial Gains / (Losses) on Defined Benefits Plans </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">194,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">4.02.03</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Translation
    Adjustments in investees</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(7,782,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(43,300,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">4.02.07</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Unrealized
    Gains / (Losses) on Cash Flow Hedge&nbsp;&nbsp;- Recognized in Shareholders' Equity</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7,691,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">59,908,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">4.02.08</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Unrealized
    Gains / (Losses) on Cash Flow Hedge&nbsp;&nbsp;- Reclassified to Profit and Loss</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">5,992,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7,221,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">4.02.09</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Deferred
    Income Tax and Social Contribution on Cash Flow Hedge</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(4,652,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(22,824,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">4.02.10</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Share
    of Other Comprehensive Income of Equity-Accounted Investments</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">461,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1,295,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">4.03</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Total
    Comprehensive Income for the Period</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">39,641,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">47,083,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">4.03.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Attributable
    to Shareholders of Petrobras</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">39,490,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">46,865,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">4.03.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Attributable
    to Non-controlling Interests</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">151,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">218,000</FONT></TD></TR>
  </TABLE>
<P STYLE="color: #548DD4; font: bold 3pt Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="color: #548DD4; font: bold 3pt Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 15 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->14<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="color: #008542; font: bold 9pt Times New Roman; margin: 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 9pt Times New Roman; width: 100%">
<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="border-bottom: Black 1pt solid; width: 90%"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A NAME="a_013"></A></FONT><P STYLE="font: bold 14pt Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">Petr&oacute;leo
                                            Brasileiro S.A. &ndash; Petrobras</FONT></P>

<P STYLE="color: #008542; font: bold 9pt Times New Roman; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">Consolidated
Interim Accounting Information / Statement of Changes in Shareholders&rsquo; Equity - 01/01/2023 to 03/31/2023</FONT></P>

<P STYLE="font: italic 9pt Times New Roman; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">(R$ Thousand)</FONT></P>

<P STYLE="font: italic 9pt Times New Roman; margin: 0"></P>

</TD>
  <TD STYLE="border-bottom: Black 1pt solid; text-align: right; width: 10%"><FONT STYLE="font-family: Times New Roman, Times, Serif"><IMG SRC="image_001.jpg" ALT="" STYLE="height: 46px; width: 156px"></FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
  <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
</TABLE>
<P STYLE="font: bold 9pt Times New Roman; color: #008542; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 9%; border-top: black 1pt solid; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>Account
    Code</B></FONT></TD>
    <TD STYLE="width: 24%; border-top: black 1pt solid; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>Account
    Description</B></FONT></TD>
    <TD STYLE="width: 8%; border-top: black 1pt solid; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>Share
    Capital</B></FONT></TD>
    <TD STYLE="width: 12%; border-top: black 1pt solid; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><P STYLE="font: 8pt Times New Roman,sans-serif; margin: 0; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Capital
    Reserves,</B></FONT></P>
    <P STYLE="font: 8pt Times New Roman,sans-serif; margin: 0; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Granted
    Options</B></FONT></P>
    <P STYLE="font: 8pt Times New Roman,sans-serif; margin: 0; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>and
    Treasury Shares</B></FONT></P></TD>
    <TD STYLE="width: 6%; border-top: black 1pt solid; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>Profit
    Reserves</B></FONT></TD>
    <TD STYLE="width: 8%; border-top: black 1pt solid; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><P STYLE="font: 8pt Times New Roman,sans-serif; margin: 0; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Retained
    Earnings /</B></FONT></P>
    <P STYLE="font: 8pt Times New Roman,sans-serif; margin: 0; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Accumulated
    Losses</B></FONT></P></TD>
    <TD STYLE="width: 10%; border-top: black 1pt solid; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><P STYLE="font: 8pt Times New Roman,sans-serif; margin: 0; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Other</B></FONT></P>
    <P STYLE="font: 8pt Times New Roman,sans-serif; margin: 0; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Comprehensive</B></FONT></P>
    <P STYLE="font: 8pt Times New Roman,sans-serif; margin: 0; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Income</B></FONT></P></TD>
    <TD STYLE="width: 8%; border-top: black 1pt solid; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>Shareholders'
    Equity</B></FONT></TD>
    <TD STYLE="width: 7%; border-top: black 1pt solid; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><P STYLE="font: 8pt Times New Roman,sans-serif; margin: 0; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Non-controlling</B></FONT></P>
    <P STYLE="font: 8pt Times New Roman,sans-serif; margin: 0; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>interest</B></FONT></P></TD>
    <TD STYLE="width: 8%; border-top: black 1pt solid; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><P STYLE="font: 8pt Times New Roman,sans-serif; margin: 0; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Shareholders'
    Equity</B></FONT></P>
    <P STYLE="font: 8pt Times New Roman,sans-serif; margin: 0; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Consolidated</B></FONT></P></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">5.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Balance
    at the Beginning of the Period</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">205,432,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3,318,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">128,346,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">25,498,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">362,594,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1,791,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">364,385,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">5.03</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Adjusted
    Opening Balance </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">205,432,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3,318,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">128,346,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">25,498,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">362,594,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1,791,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">364,385,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">5.04</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Capital
    Transactions&nbsp;with Owners</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(621,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(621,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">5.04.06</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Dividends</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(230,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(230,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">5.04.08</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Capital
    Transactions</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(391,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(391,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">5.05</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Capital
    Transactions</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">38,156,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1,334,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">39,490,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">151,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">39,641,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">5.05.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Net
    Income for the Period</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">38,156,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">38,156,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">151,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">38,307,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">5.05.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Other
    Comprehensive Income</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1,334,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1,334,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1,334,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">5.07</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Balance
    at the End of the Period</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">205,432,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3,318,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">128,346,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">38,156,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">26,832,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">402,084,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1,321,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">403,405,000</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 16 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->15<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="color: #008542; font: bold 9pt Times New Roman; margin: 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 9pt Times New Roman; width: 100%">
<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="border-bottom: Black 1pt solid; width: 90%"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A NAME="a_014"></A></FONT><P STYLE="font: bold 14pt Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">Petr&oacute;leo
                                            Brasileiro S.A. &ndash; Petrobras</FONT></P>

<P STYLE="color: #008542; font: bold 9pt Times New Roman; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">Consolidated
Interim Accounting Information / Statement of Changes in Shareholders&rsquo; Equity - 01/01/2022 to 03/31/2022</FONT></P>

<P STYLE="font: italic 9pt Times New Roman; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">(R$ Thousand)</FONT></P>

<P STYLE="font: italic 9pt Times New Roman; margin: 0"></P>

</TD>
  <TD STYLE="border-bottom: Black 1pt solid; text-align: right; width: 10%"><FONT STYLE="font-family: Times New Roman, Times, Serif"><IMG SRC="image_001.jpg" ALT="" STYLE="height: 46px; width: 156px"></FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
  <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
</TABLE>
<P STYLE="font: bold 9pt Times New Roman; color: #008542; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 9%; border-top: black 1pt solid; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>Account
    Code</B></FONT></TD>
    <TD STYLE="width: 24%; border-top: black 1pt solid; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>Account
    Description</B></FONT></TD>
    <TD STYLE="width: 8%; border-top: black 1pt solid; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>Share
    Capital</B></FONT></TD>
    <TD STYLE="width: 12%; border-top: black 1pt solid; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><P STYLE="font: 8pt Times New Roman,sans-serif; margin: 0; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Capital
    Reserves,</B></FONT></P>
    <P STYLE="font: 8pt Times New Roman,sans-serif; margin: 0; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Granted
    Options</B></FONT></P>
    <P STYLE="font: 8pt Times New Roman,sans-serif; margin: 0; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>and
    Treasury Shares</B></FONT></P></TD>
    <TD STYLE="width: 6%; border-top: black 1pt solid; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>Profit
    Reserves</B></FONT></TD>
    <TD STYLE="width: 8%; border-top: black 1pt solid; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><P STYLE="font: 8pt Times New Roman,sans-serif; margin: 0; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Retained
    Earnings /</B></FONT></P>
    <P STYLE="font: 8pt Times New Roman,sans-serif; margin: 0; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Accumulated
    Losses</B></FONT></P></TD>
    <TD STYLE="width: 10%; border-top: black 1pt solid; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><P STYLE="font: 8pt Times New Roman,sans-serif; margin: 0; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Other</B></FONT></P>
    <P STYLE="font: 8pt Times New Roman,sans-serif; margin: 0; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Comprehensive</B></FONT></P>
    <P STYLE="font: 8pt Times New Roman,sans-serif; margin: 0; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Income</B></FONT></P></TD>
    <TD STYLE="width: 8%; border-top: black 1pt solid; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>Shareholders'
    Equity</B></FONT></TD>
    <TD STYLE="width: 7%; border-top: black 1pt solid; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><P STYLE="font: 8pt Times New Roman,sans-serif; margin: 0; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Non-controlling</B></FONT></P>
    <P STYLE="font: 8pt Times New Roman,sans-serif; margin: 0; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>interest</B></FONT></P></TD>
    <TD STYLE="width: 8%; border-top: black 1pt solid; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><P STYLE="font: 8pt Times New Roman,sans-serif; margin: 0; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Shareholders'
    Equity</B></FONT></P>
    <P STYLE="font: 8pt Times New Roman,sans-serif; margin: 0; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Consolidated</B></FONT></P></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">5.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Balance
    at the Beginning of the Period</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">205,432,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3,313,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">164,028,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">14,556,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">387,329,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2,252,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">389,581,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">5.03</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Adjusted
    Opening Balance </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">205,432,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3,313,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">164,028,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">14,556,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">387,329,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2,252,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">389,581,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">5.04</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Capital
    Transactions&nbsp;with Owners</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">397,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">397,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">5.04.06</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Dividends</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(12,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(12,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">5.04.08</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Capital
    Transactions</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">409,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">409,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">5.05</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Total
    of Comprehensive Income</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">44,561,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2,304,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">46,865,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">218,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">47,083,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">5.05.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Net
    Income for the Period</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">44,561,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">44,561,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">222,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">44,783,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">5.05.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Other
    Comprehensive Income</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2,304,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2,304,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(4,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2,300,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">5.07</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Balance
    at the End of the Period</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">205,432,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3,313,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">164,028,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">44,561,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">16,860,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">434,194,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2,867,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">437,061,000</FONT></TD></TR>
  </TABLE>

<!-- Field: Page; Sequence: 17 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->16<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="color: #008542; font: bold 9pt Times New Roman; margin: 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 9pt Times New Roman; width: 100%">
<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="border-bottom: Black 1pt solid; width: 90%"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A NAME="a_015"></A></FONT><P STYLE="font: bold 14pt Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">Petr&oacute;leo
                                            Brasileiro S.A. &ndash; Petrobras</FONT></P>

<P STYLE="color: #008542; font: bold 9pt Times New Roman; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">Consolidated
Interim Accounting Information / Statement of Cash Flows &ndash; Indirect Method</FONT></P>

<P STYLE="font: italic 9pt Times New Roman; margin: 0"></P>

</TD>
  <TD STYLE="border-bottom: Black 1pt solid; text-align: right; width: 10%"><FONT STYLE="font-family: Times New Roman, Times, Serif"><IMG SRC="image_001.jpg" ALT="" STYLE="height: 46px; width: 156px"></FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
  <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
</TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 16%; border-top: black 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>Account
    Code</B></FONT></TD>
    <TD STYLE="width: 60%; border-top: black 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>Account
    Description</B></FONT></TD>
    <TD STYLE="width: 12%; border-top: black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>Accumulated
    of the Current Year 01/01/2023 to 03/31/2023</B></FONT></TD>
    <TD STYLE="width: 12%; border-top: black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>Accumulated
    of the Previous Year 01/01/2022 to 03/31/2022</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Net
    cash provided by operating activities</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">53,759,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">52,824,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.01.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Cash
    provided by operating activities</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">76,397,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">81,016,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.01.01.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Net
    Income for the period</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">38,307,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">44,783,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.01.01.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Pension
    and medical benefits (actuarial expense)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1,924,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1,605,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.01.01.03</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Results
    of equity-accounted investments</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(181,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(1,816,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.01.01.04</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Depreciation,
    depletion and amortization</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">15,186,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">16,604,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.01.01.05</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Impairment
    of assets (reversal) </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">16,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(4,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.01.01.06</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Exploratory
    expenditures write-offs</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">165,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">114,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.01.01.07</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Losses
    on legal, administrative and arbitration proceedings</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1,319,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1,307,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.01.01.08</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Foreign
    exchange, indexation and finance charges </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3,377,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(2,440,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.01.01.10</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Allowance
    (Reversals) for expected credit losses</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">125,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">105,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.01.01.11</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Inventory
    write-down (write-back) to net realizable value</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(44,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(34,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.01.01.13</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Revision
    and unwinding of discount on the provision for decommissioning costs</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1,102,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">806,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.01.01.15</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Income
    Taxes</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">18,690,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">23,598,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.01.01.16</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Results
    from co-participation agreements in bid areas</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(144,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.01.01.17</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Disposal/write-offs
    of assets, remeasurement of investment retained with loss of control and reclassification of CTA</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(2,577,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(2,472,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.01.01.19</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Early
    termination and cash outflows revision of lease agreements</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(868,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(1,140,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.01.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Decrease
    / (increase) in assets / increase/ (decrease) in liabilities </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(403,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(20,265,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.01.02.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Trade
    and other receivables, net</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2,146,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3,123,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.01.02.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Inventories</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">5,127,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(9,763,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.01.02.03</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Judicial
    deposits</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(2,093,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(2,120,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.01.02.05</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Other
    assets</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">570,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">249,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.01.02.06</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Trade
    payables</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(2,467,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(1,267,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.01.02.07</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Other
    taxes</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(1,129,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">558,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.01.02.08</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Pension
    and medical benefits </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(925,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(7,677,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.01.02.09</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Provisions
    for legal proceedings</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(444,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(270,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.01.02.10</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Other
    Employee Benefits</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">181,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(769,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.01.02.12</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Provision
    for Decommissioning Costs</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(855,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(702,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.01.02.14</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Other
    liabilities</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(514,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(1,627,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.01.03</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Others</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(22,235,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(7,927,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.01.03.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Income
    Taxes Paid</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(22,235,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(7,927,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Net
    cash used in investing activities</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(5,738,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(4,983,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.02.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Acquisition
    of PP&amp;E and intangibles assets</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(12,592,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(12,338,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.02.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Decrease
    (increase) in investments in assets</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(41,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(49,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.02.03</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Proceeds
    from disposal of assets - Divestment</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">9,646,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">9,255,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.02.04</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Divestment
    (investment) in marketable securities</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(4,838,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(2,445,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.02.05</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Dividends
    received</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">55,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">275,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.02.08</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Financial
    compensation for Co-participation Agreement</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2,032,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">319,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.03</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Net
    cash used in financing activities</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(36,261,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(16,455,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.03.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Changes
    in non-controlling interest</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(392,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">412,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.03.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Proceeds
    from financing</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">263,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">782,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.03.03</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Repayment
    of principal - finance debt</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(3,894,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(7,683,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.03.04</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Repayment
    of interest - finance debt</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(2,964,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(3,022,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.03.05</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Dividends
    paid to shareholders of Petrobras</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(21,803,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(2,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.03.06</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Dividends
    paid to non-controlling interests</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(248,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(26,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.03.08</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Settlement
    of lease liabilities</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(7,223,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(6,916,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.04</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Effect
    of exchange rate changes on cash and cash equivalents</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(1,206,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(8,227,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.05</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Net
    increase/ (decrease) in cash and cash equivalents</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">10,554,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">23,159,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.05.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Cash
    and cash equivalents at the beginning of the year</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">41,723,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">58,482,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6.05.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Cash
    and cash equivalents at the end of the period</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">52,277,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">81,641,000</FONT></TD></TR>
  </TABLE>
<P STYLE="color: red; font: bold 8pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="color: #548DD4; font: bold 3pt Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 18 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->17<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="color: #008542; font: bold 9pt Times New Roman; margin: 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 9pt Times New Roman; width: 100%">
<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="border-bottom: Black 1pt solid; width: 90%"><P STYLE="font: bold 14pt Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A NAME="a_016"></A>Petr&oacute;leo
                                            Brasileiro S.A. &ndash; Petrobras</FONT></P>

<P STYLE="color: #008542; font: bold 9pt Times New Roman; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">Consolidated
Interim Accounting Information / Statement of Added Value</FONT></P>

<P STYLE="font: italic 9pt Times New Roman; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">(R$ Thousand)</FONT></P>

<P STYLE="font: italic 9pt Times New Roman; margin: 0"></P>

</TD>
  <TD STYLE="border-bottom: Black 1pt solid; text-align: right; width: 10%"><FONT STYLE="font-family: Times New Roman, Times, Serif"><IMG SRC="image_001.jpg" ALT="" STYLE="height: 46px; width: 156px"></FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
  <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
</TABLE>
<P STYLE="font: bold 9pt Times New Roman; color: #008542; margin: 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 16%; border-top: black 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>Account
    Code</B></FONT></TD>
    <TD STYLE="width: 60%; border-top: black 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>Account
    Description</B></FONT></TD>
    <TD STYLE="width: 12%; border-top: black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>Accumulated
    of the Current Year 01/01/2023 to 03/31/2023</B></FONT></TD>
    <TD STYLE="width: 12%; border-top: black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>Accumulated
    of the Previous Year 01/01/2022 to 03/31/2022</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Sales
    Revenues</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">176,116,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">185,271,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7.01.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Sales
    of Goods and Services</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">155,831,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">172,383,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7.01.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Other
    Revenues</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">9,484,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">4,652,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7.01.03</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Revenues
    Related to the Construction of Assets to be Used in Own Operations</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">10,926,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">8,341,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7.01.04</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Allowance
    for expected credit losses</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(125,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(105,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Inputs
    Acquired from Third Parties</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(64,509,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(50,911,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7.02.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Cost
    of Sales</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(27,291,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(32,760,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7.02.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Materials,
    Power, Third-Party Services and Other Operating Expenses </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(27,656,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(8,007,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7.02.03</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Impairment
    Charges / Reversals of Assets</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(16,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">4,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7.02.04</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Others
    </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(9,546,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(10,148,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7.02.04.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Tax
    Credits on Inputs Acquired from Third Parties</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(9,590,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(10,182,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7.02.04.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Inventory
    Write-Down to Net Realizable Value</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">44,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">34,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7.03</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Gross
    Added Value</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">111,607,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">134,360,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7.04</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Retentions
    </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(17,771,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(18,502,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7.04.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Depreciation,
    Amortization and Depletion</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(17,771,000)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(18,502,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7.05</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Net
    Added Value Produced </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">93,836,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">115,858,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7.06</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Transferred
    Added Value</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3,487,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">3,845,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7.06.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Share
    of Profit of Equity-Accounted Investments</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">181,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1,816,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7.06.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Finance
    Income </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2,419,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1,360,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7.06.03</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Others
    </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">887,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">669,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7.06.03.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Rentals,
    royalties and others</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">887,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">669,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7.07</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Total
    Added Value to be Distributed</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">97,323,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">119,703,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7.08</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Distribution
    of Added Value</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">97,323,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">119,703,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7.08.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Employee
    Compensation</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7,644,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6,776,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7.08.01.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Salaries</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">4,795,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">4,323,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7.08.01.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Fringe
    Benefits </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2,558,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">2,189,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7.08.01.03</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Unemployment
    Benefits (FGTS)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">291,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">264,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7.08.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Taxes
    and Contributions</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">42,569,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">66,883,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7.08.02.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Federal</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">36,355,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">54,447,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7.08.02.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">State
    </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">6,048,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">12,203,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7.08.02.03</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Municipal
    </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">166,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">233,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7.08.03</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Return
    on Third-Party Capital</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">8,803,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1,261,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7.08.03.01</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Interest</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7,028,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">(400,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7.08.03.02</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Rental
    Expenses</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1,775,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">1,661,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7.08.04</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Return
    on Shareholders' Equity </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">38,307,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">44,783,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7.08.04.03</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Retained
    Earnings / (Losses) for the Period</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">38,156,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">44,561,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">7.08.04.04</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Non-controlling
    Interests on Retained Earnings / (Losses)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">151,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">222,000</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>


<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"></P>


<!-- Field: Page; Sequence: 19; Options: NewSection; Value: 18 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->18<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 9pt Times New Roman; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="border-bottom: Black 1pt solid; width: 100%"><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE FINANCIAL STATEMENTS</B></P><P STYLE="color: #008542; font: 9pt Times New Roman; margin: 0">PETROBRAS</P><DIV STYLE="padding: 0in 0in 1pt"> <P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">This interim financial information should be read together with the Company&rsquo;s audited annual financial statements</P><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">(Expressed in millions of reais, unless otherwise indicated)</P></DIV><P STYLE="font: italic 9pt Times New Roman; margin: 0"></P></TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="color: red; font: bold 3pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="color: #008542; font: bold 12pt Times New Roman; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 13pt"><A NAME="a_017"></A>1.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Basis
                                            of preparation</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">These
interim financial statements present the significant changes in the period, avoiding repetition of certain notes to the financial statements
previously reported, and present the consolidated information, considering Management&rsquo;s understanding that it provides a comprehensive
view of the Company&rsquo;s financial position and operational performance, complemented by certain information of the Parent Company.
Hence, this interim financial information should be read together with the Company&rsquo;s audited annual financial statements for the
year ended December 31, 2022, which include the full set of notes.</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
consolidated and individual interim financial information of the company was prepared and is presented in accordance with the Technical
Pronouncement - CPC 21 (R1) - Interim Financial Statements, issued by the Accounting Pronouncements Committee (CPC) and approved by the
Securities and Exchange Commission (CVM), and related to IAS 34 - Interim Financial Reporting issued by the International Accounting
Standards Board (IASB). All relevant information pertaining to the financial statements, and only these, are being evidenced, and correspond
to those used in the management of the company's Management.</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">These
interim financial statements were approved and authorized for issue by the Company&rsquo;s Board of Directors in a meeting held on May
11, 2023.</FONT></P>

<P STYLE="color: red; font: bold 3pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="color: #008542; font: bold 12pt Times New Roman; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A NAME="a_018"></A><FONT STYLE="font-size: 13pt">2.</FONT></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Summary
                                            of significant accounting policies</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
same accounting policies and methods of computation were followed in these consolidated interim financial statements as those followed
in the preparation of the annual financial statements of the Company for the year ended December 31, 2022.</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
accounting standards that came into effect on January 1<SUP>st</SUP>, 2023 did not have a material effect on these individual and consolidated
quarterly information.</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="color: #008542; font: bold 12pt Times New Roman; margin-top: 6pt; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A NAME="a_019"></A><FONT STYLE="font-size: 13pt">3.</FONT></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Cash
                                            and cash equivalents and Marketable securities</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="color: #008542; font: bold 11pt Times New Roman; margin-top: 6pt; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt">3.1.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Cash
                                            and cash equivalents</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">They
include cash, available bank deposits and short-term financial investments with high liquidity, which meet the definition of cash and
cash equivalents.</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: bold 6.5pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Consolidated</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 82%; padding-right: 7.1pt; font: bold 6.5pt Times New Roman"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">03.31.2023</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">12.31.2022</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Cash
    at bank and in hand</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">687</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1,126</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Short-term
    financial investments</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&nbsp;&nbsp;&nbsp;-
    In Brazil</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brazilian
    interbank deposit rate investment funds and other short-term deposits</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">16,667</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">14,414</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other
    investment funds </FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">664</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1,277</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; padding-left: 20pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">17,331</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">15,691</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&nbsp;&nbsp;&nbsp;-
    Abroad</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&nbsp;Time
    deposits</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">15,855</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">12,458</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Automatic
    investing accounts and interest checking accounts</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">18,303</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">12,339</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&nbsp;Other
    financial investments</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">101</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">109</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">34,259</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">24,906</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Total
    short-term financial investments</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>51,590</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>40,597</B></FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="vertical-align: top; border-bottom: #008542 1.5pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #008542"><B>Total
    cash and cash equivalents</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1.5pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>52,277</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1.5pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>41,723</B></FONT></TD></TR>
  </TABLE>
<P STYLE="color: red; font: bold 3pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="color: #548DD4; font: bold 3pt Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Short-term
financial investments in Brazil primarily consist of investments in funds holding Brazilian Federal Government Bonds that can be redeemed
immediately, as well as reverse repurchase agreements that mature within three months as of the date of their acquisition. Short-term
financial investments abroad comprise time deposits that mature in three months or less from the date of their acquisition, highly-liquid
automatic investment accounts, interest checking accounts and other short-term fixed income instruments.</FONT></P>


<!-- Field: Page; Sequence: 20 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->19<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 9pt Times New Roman; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="border-bottom: Black 1pt solid; width: 100%"><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE FINANCIAL STATEMENTS</B></P><P STYLE="color: #008542; font: 9pt Times New Roman; margin: 0">PETROBRAS</P><DIV STYLE="padding: 0in 0in 1pt"> <P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">This interim financial information should be read together with the Company&rsquo;s audited annual financial statements</P><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">(Expressed in millions of reais, unless otherwise indicated)</P></DIV><P STYLE="font: italic 9pt Times New Roman; margin: 0"></P></TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="color: #008542; font: bold 11pt Times New Roman; margin-top: 12pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt">3.2.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Marketable
                                            securities</FONT></TD></TR></TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 82%; padding-right: 7.1pt; font: bold 6.5pt Times New Roman"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Consolidated</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="font: bold 6.5pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">03.31.2023</FONT></TD>
    <TD STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">12.31.2022</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Fair
    value through profit or loss</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">4,266</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">3,722</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Amortized
    cost - Bank Deposit Certificates and time deposits</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">23,525</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">18,647</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Amortized
    cost</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">261</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">260</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #008542"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>28,052</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>22,629</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Current</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">14,629</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">14,470</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Non-current</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">13,423</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">8,159</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3" STYLE="font: 4pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman,sans-serif; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Marketable
securities classified as fair value through profit or loss refer mainly to investments in Brazilian Federal Government Bonds (amounts
determined by level 1 of the fair value hierarchy). These financial investments have maturities of more than three months.</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 6pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Securities
classified as amortized cost refer to investments in Brazil in post-fixed Bank Deposit Certificates with daily liquidity, with maturities
between one and two years, and to investments abroad in time deposits with maturities of more than three months from the contracting
date.</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="color: #008542; font: bold 12pt Times New Roman; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A NAME="a_020"></A><FONT STYLE="font-size: 13pt">4.</FONT></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Sales
                                            revenues</FONT></TD></TR></TABLE>

<P STYLE="color: red; font: bold 3pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Consolidated</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 64%; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt"><P STYLE="font: 7pt Times New Roman,sans-serif; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>2023</B></FONT></P>
    <P STYLE="font: 7pt Times New Roman,sans-serif; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Jan-Mar</B></FONT></P></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt"><P STYLE="font: 7pt Times New Roman,sans-serif; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>2022</B></FONT></P>
    <P STYLE="font: 7pt Times New Roman,sans-serif; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Jan-Mar</B></FONT></P></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Gross
    sales </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">155,831</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">172,383</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Sales
    taxes&nbsp;(*)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(16,763)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(30,742)</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #008542"><B>Sales
    revenues</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>139,068</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>141,641</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Diesel</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">43,150</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">38,875</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Gasoline</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">19,189</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">19,404</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Liquefied
    petroleum gas</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">4,829</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">6,172</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Jet
    fuel</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">7,302</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">5,176</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Naphtha</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">2,485</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">3,182</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Fuel
    oil (including bunker fuel)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">1,486</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">1,911</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Other
    oil products</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">5,633</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">6,650</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>Subtotal
    oil products</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>84,074</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>81,370</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Natural
    gas </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">7,927</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">9,028</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Crude
    oil</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">7,016</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">9,147</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Nitrogen
    products and renewables </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">109</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">343</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Breakage</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">1,142</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">539</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Electricity</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">570</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">1,553</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Services,
    agency and others</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">1,267</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">1,239</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: top; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>Domestic
    market</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>102,105</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>103,219</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; font: bold 6.5pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Exports</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">35,014</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">35,110</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&nbsp;&nbsp;&nbsp;&nbsp;Crude
    oil </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">28,809</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">25,043</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fuel
    oil (including bunker fuel)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">5,372</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">9,865</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&nbsp;&nbsp;&nbsp;&nbsp;Other
    oil products and other products</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">833</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">202</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: top; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>Sales
    abroad <SUP>(**)</SUP></B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">1,949</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">3,312</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 6.5pt; color: #675C53"><B>Foreign
    Market</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>36,963</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>38,422</B></FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="vertical-align: top; border-bottom: #008542 1.5pt solid; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #008542"><B>Sales
    revenues</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1.5pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1.5pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1.5pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>139,068</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1.5pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>141,641</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="5" STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 6.5pt; color: #675C53">&nbsp;(*)
    Includes, mainly, CIDE, PIS, COFINS and ICMS (VAT).</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="5" STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 6.5pt; color: #675C53">(**)
    Sales revenues from operations outside of Brazil, including trading and excluding exports.</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3" STYLE="padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Consolidated</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD COLSPAN="3" STYLE="font: bold 7.5pt Times New Roman; padding-right: 7.1pt; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">2023</FONT></TD>
    <TD STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">2022</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD COLSPAN="3" STYLE="font: bold 7.5pt Times New Roman; padding-right: 7.1pt; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Jan-Mar</FONT></TD>
    <TD STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Jan-Mar</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3" STYLE="border-bottom: rgb(0,98,152) 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Brazil</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">102,105</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">103,219</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3" STYLE="border-bottom: rgb(0,98,152) 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>Domestic
    market</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>102,105</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>103,219</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3" STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">China</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">12,946</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">8,185</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3" STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Americas
    (except United States)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">7,394</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">8,672</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3" STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Europe</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">7,004</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">6,512</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3" STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Asia
    (except China and Singapore)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">4,202</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">2,602</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3" STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">United
    States</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">2,920</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">5,909</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3" STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Singapore</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">2,494</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">6,535</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3" STYLE="border-bottom: rgb(0,98,152) 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Others</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">3</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">7</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3" STYLE="border-bottom: rgb(0,98,152) 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>Foreign
    market</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>36,963</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>38,422</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD COLSPAN="3" STYLE="border-bottom: #008542 1.5pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #008542"><B>Sales
    revenues</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>139,068</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>141,641</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="5" STYLE="font: 4pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">In the
period from January to March 2023, the revenues of two clients in the Refining, Transportation and Marketing (RTM) segment individually
represent 16% and 11% of the company's revenues. In the same period of 2022, only one customer in the RTM segment represented 14% of
the company's total revenue.</FONT></P>


<!-- Field: Page; Sequence: 21 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->20<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 9pt Times New Roman; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="border-bottom: Black 1pt solid; width: 100%"><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE FINANCIAL STATEMENTS</B></P><P STYLE="color: #008542; font: 9pt Times New Roman; margin: 0">PETROBRAS</P><DIV STYLE="padding: 0in 0in 1pt"> <P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">This interim financial information should be read together with the Company&rsquo;s audited annual financial statements</P><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">(Expressed in millions of reais, unless otherwise indicated)</P></DIV><P STYLE="font: italic 9pt Times New Roman; margin: 0"></P></TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="color: #008542; font: bold 12pt Times New Roman; margin-top: 6pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 17.85pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 13pt"><A NAME="a_021"></A>5.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Costs
                                            and expenses by nature</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="color: #008542; font: bold 11pt Times New Roman; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt">5.1.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Cost
                                            of sales</FONT></TD></TR></TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Consolidated</B></FONT></TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: bottom; background-color: #F2F2F2; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; background-color: #F2F2F2; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; background-color: #F2F2F2; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 1.4pt"><P STYLE="font: 7pt Times New Roman,sans-serif; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>2023</B></FONT></P>
    <P STYLE="font: 7pt Times New Roman,sans-serif; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Jan-Mar</B></FONT></P></TD>
    <TD STYLE="padding-right: 1.4pt"><P STYLE="font: 7pt Times New Roman,sans-serif; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>2022</B></FONT></P>
    <P STYLE="font: 7pt Times New Roman,sans-serif; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Jan-Mar</B></FONT></P></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Raw
    material, products for resale, materials and third-party services (*)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(36,857)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(30,257)</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Depreciation,
    depletion and amortization</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(12,444)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(13,416)</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Production
    taxes</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(14,457)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(21,146)</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Employee
    compensation</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(1,999)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(2,056)</FONT></TD>
    </TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #008542"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>(65,757)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>(66,875)</B></FONT></TD>
    </TR>
  <TR>
    <TD COLSPAN="4" STYLE="vertical-align: bottom; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 6.5pt; color: #675C53">(*)
    It Includes short-term leases and inventory turnover.</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="width: 74%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 8%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    </TR>
  </TABLE>
<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="color: #008542; font: bold 11pt Times New Roman; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt">5.2.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Selling
                                            expenses</FONT></TD></TR></TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Consolidated</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 64%; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt"><P STYLE="font: 7pt Times New Roman,sans-serif; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>2023</B></FONT></P>
    <P STYLE="font: 7pt Times New Roman,sans-serif; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Jan-Mar</B></FONT></P></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt"><P STYLE="font: 7pt Times New Roman,sans-serif; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>2022</B></FONT></P>
    <P STYLE="font: 7pt Times New Roman,sans-serif; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Jan-Mar</B></FONT></P></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Materials,
    third-party services, freight, rent and other related costs</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(5,329)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(4,967)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Depreciation,
    depletion and amortization</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(777)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(1,038)</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Allowance
    for expected credit losses</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(107)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(40)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Employee
    compensation</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(131)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(114)</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #008542"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>(6,344)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>(6,159)</B></FONT></TD></TR>
  </TABLE>
<P STYLE="color: #548DD4; font: bold 3pt Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="color: #008542; font: bold 11pt Times New Roman; margin-top: 6pt; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt">5.3.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">General
                                            and administrative expenses</FONT></TD></TR></TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Consolidated</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 64%; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt"><P STYLE="font: 7pt Times New Roman,sans-serif; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>2023</B></FONT></P>
    <P STYLE="font: 7pt Times New Roman,sans-serif; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Jan-Mar</B></FONT></P></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt"><P STYLE="font: 7pt Times New Roman,sans-serif; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>2022</B></FONT></P>
    <P STYLE="font: 7pt Times New Roman,sans-serif; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Jan-Mar</B></FONT></P></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Employee
    compensation</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(1,189)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(1,036)</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Materials,
    third-party services, rent and other related costs</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(529)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(403)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Depreciation,
    depletion and amortization</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(137)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(120)</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #008542"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>(1,855)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>(1,559)</B></FONT></TD></TR>
  </TABLE>
<P STYLE="color: #548DD4; font: bold 3pt Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="color: #008542; font: bold 12pt Times New Roman; margin-top: 6pt; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A NAME="a_022"></A><FONT STYLE="font-size: 13pt">6.</FONT></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Other
                                            income and expenses</FONT></TD></TR></TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Consolidated</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 82%; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>2023</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>2022</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Jan-Mar</B></FONT></TD>
    <TD STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Jan-Mar</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Unscheduled
    stoppages and pre-operating expenses</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(2,594)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(1,952)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Pension
    and medical benefits &ndash; retirees </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(1,460)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(1,242)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Losses
    related to legal, administrative and arbitration proceedings</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(1,319)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(1,307)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Variable
    compensation program</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(725)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(618)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Profit
    Sharing</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(180)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(161)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Impairment</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(16)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">4</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Gains
    (losses) on decommissioning of returned/abandoned areas</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(3)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(125)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Results
    from co-participation agreements in bid areas</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">144</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">&#8722;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Gains/(losses)
    with Commodities Derivatives</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">410</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(282)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Amounts
    recovered from Lava Jato investigation (*)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">463</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">60</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Government
    grants</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">538</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">385</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Expenses/Reimbursements
    from E&amp;P partnership operations</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">835</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">138</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Early
    termination and cash outflows revision of lease agreements</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">868</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">1,140</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Results
    on disposal/write-offs of assets and on remeasurement of investment retained with loss of control</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">2,577</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">2,472</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Others
    (**)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(1,978)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(178)</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #008542"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>(2,440)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>(1,666)</B></FONT></TD></TR>
  <TR>
    <TD COLSPAN="3" STYLE="padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">(*) Up to the
    year ended December 31, 2022, the amount recovered of R$ 6,719 was recognized through collaboration and leniency agreements entered
    into with individuals and legal entities.</FONT></TD></TR>
  <TR>
    <TD COLSPAN="3" STYLE="padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">(**) It includes,
    in 2023, expenses with compensation for the termination of a vessel charter agreement in the amount of R$ 1,654.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 22 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->21<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 9pt Times New Roman; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="border-bottom: Black 1pt solid; width: 100%"><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE FINANCIAL STATEMENTS</B></P><P STYLE="color: #008542; font: 9pt Times New Roman; margin: 0">PETROBRAS</P><DIV STYLE="padding: 0in 0in 1pt"> <P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">This interim financial information should be read together with the Company&rsquo;s audited annual financial statements</P><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">(Expressed in millions of reais, unless otherwise indicated)</P></DIV><P STYLE="font: italic 9pt Times New Roman; margin: 0"></P></TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="color: #008542; font: bold 12pt Times New Roman; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A NAME="a_023"></A><FONT STYLE="font-size: 13pt">7.</FONT></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Net
                                            finance income (expense)</FONT></TD></TR></TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Consolidated</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 64%; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt"><P STYLE="font: 7pt Times New Roman,sans-serif; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>2023</B></FONT></P>
    <P STYLE="font: 7pt Times New Roman,sans-serif; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Jan-Mar</B></FONT></P></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt"><P STYLE="font: 7pt Times New Roman,sans-serif; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>2022</B></FONT></P>
    <P STYLE="font: 7pt Times New Roman,sans-serif; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Jan-Mar</B></FONT></P></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>Finance
    income</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>2,419</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>1,360</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Income
    from investments and marketable securities (Government Bonds)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">1,732</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">844</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Others</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">687</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">516</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>Finance
    expenses</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>(4,387)</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>(3,969)</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Interest
    on finance debt</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(2,812)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(2,784)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Unwinding
    of discount on lease liabilities </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(1,862)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(1,526)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Capitalized
    borrowing costs</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">1,408</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">1,244</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Unwinding
    of discount on the provision for decommissioning costs</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(1,099)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(682)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Other
    finance expenses and income, net</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(22)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(221)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>Foreign
    exchange gains (losses) and indexation charges</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>(1,232)</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>5,592</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Foreign
    Exchange (*)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">4,170</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">12,535</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Reclassification
    of hedge accounting to the Statement of Income (*)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(5,992)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(7,221)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Monetary
    restatement of anticipated dividends and dividends payable </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(164)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(1)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Recoverable
    taxes inflation indexation income </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">335</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">108</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Others</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">419</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">171</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="vertical-align: top; border-bottom: #008542 1.5pt solid; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #008542"><B>Total</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1.5pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1.5pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1.5pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>(3,200)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1.5pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>2,983</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="5" STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">(*)
    For more information, see notes 26.3a and 26.3c.</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="5" STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="5" STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  </TABLE>
<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="color: #008542; font: bold 12pt Times New Roman; margin-top: 6pt; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A NAME="a_024"></A><FONT STYLE="font-size: 13pt">8.</FONT></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Net
                                            income by operating segment</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">In 2022,
Petrobras implemented changes to its financial reporting system, according to the metric approved by the Executive Board. These changes
did not change the allocation of Petrobras' reportable operating segments (E&amp;P, RT&amp;M and G&amp;P). However, the measurement of
certain components of the operating segments and of Corporate and other businesses was changed as following:</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">trade
                                            and other receivables, recoverable income taxes and other recoverable taxes, previously allocated
                                            to operating segments, are now presented in Corporate and other businesses. Expected credit
                                            losses are now also presented in Corporate and other businesses;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 0 0.5in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">losses
                                            with commodity derivatives (within other income and expenses, net), previously presented
                                            in Corporate and other businesses, are now presented in operating segments;</FONT></TD></TR></TABLE>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 35.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">general
                                            and administrative expenses related to logistics and fuel sales, previously presented in
                                            Corporate and other businesses, are now disclosed in the RT&amp;M segment.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 0 0.5in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman,sans-serif; margin: 0 0 6pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">This
information reflects the Company's current management model and is used by the Board of Executive Officers (Chief Operating Decision
Maker - CODM) to make decisions regarding resource allocation and performance evaluation.</FONT></P>

<P STYLE="font: 10pt Times New Roman,sans-serif; margin: 0 0 6pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">In
this context, the information by operating segment of the first quarter of 2022 has been restated for comparison purposes, as follows:</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="7" STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>Consolidated
    Statement of Income by operating segment - Jan-Mar/2022 Reclassified</B></FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="vertical-align: bottom; width: 44%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD ROWSPAN="3" STYLE="width: 9%; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #006298"><B>Exploration
    and Production (E&amp;P)</B></FONT></TD>
    <TD ROWSPAN="3" STYLE="width: 12%; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #006298"><B>Refining,
    Transportation &amp; Marketing (RT&amp;M)</B></FONT></TD>
    <TD ROWSPAN="3" STYLE="width: 8%; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><P STYLE="font: 7.5pt Times New Roman,sans-serif; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Gas</B></FONT></P>
    <P STYLE="font: 7.5pt Times New Roman,sans-serif; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>&amp;</B></FONT></P>
    <P STYLE="font: 7.5pt Times New Roman,sans-serif; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Power
    (G&amp;P)</B></FONT></P></TD>
    <TD ROWSPAN="3" STYLE="width: 10%; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #006298"><B>Corporate
    and other businesses</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD ROWSPAN="3" STYLE="width: 8%; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #006298"><B>Total</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #006298"><B>Eliminations</B></FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Net
    income (loss) of the period disclosed in Jan-Mar/2022</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">41,311</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">10,345</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(1,325)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(1,316)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(4,232)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">44,783</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Changes
    in the measurement</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(8)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(266)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">20</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">254</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">&#8722;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: whitesmoke">
    <TD STYLE="border-bottom: #006298 1pt solid; border-left: white 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #008542"><B>Net
    income (loss) of the period reclassified - Jan-Mar/2022</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>41,303</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>10,079</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>(1,305)</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>(1,062)</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>(4,232)</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>44,783</B></FONT></TD></TR>
  </TABLE>

<!-- Field: Page; Sequence: 23 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->22<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 9pt Times New Roman; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="border-bottom: Black 1pt solid; width: 100%"><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE FINANCIAL STATEMENTS</B></P><P STYLE="color: #008542; font: 9pt Times New Roman; margin: 0">PETROBRAS</P><DIV STYLE="padding: 0in 0in 1pt"> <P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">This interim financial information should be read together with the Company&rsquo;s audited annual financial statements</P><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">(Expressed in millions of reais, unless otherwise indicated)</P></DIV><P STYLE="font: italic 9pt Times New Roman; margin: 0"></P></TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt"><B>8.1.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt"><B>Net
                                            income by operating segment</B></FONT></TD></TR></TABLE>

<P STYLE="font: 11pt Times New Roman,sans-serif; margin: 0 0 0 28.35pt; text-align: justify; color: #008542"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></P>

<P STYLE="font: bold 8pt Times New Roman; margin: 0 0 0 0.25in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Consolidated
Statement of Income by operating segment &ndash; <FONT STYLE="color: #675C53">Jan-Mar/2023</FONT></FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 46%; padding-right: 7.1pt; font: bold 6.5pt Times New Roman"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Exploration
    and Production</FONT></TD>
    <TD STYLE="width: 10%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Refining,
    Transportation &amp; Marketing</FONT></TD>
    <TD STYLE="width: 8%; padding-right: 1.4pt"><P STYLE="font: bold 6.5pt Times New Roman; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">Gas</FONT></P>
    <P STYLE="font: bold 6.5pt Times New Roman; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">&amp;</FONT></P>
    <P STYLE="font: bold 7pt Times New Roman; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">Power</FONT></P></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Corporate
    and other business</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Eliminations</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Total</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Sales
    revenues</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">81,722</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">129,052</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">14,823</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">388</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(86,917)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">139,068</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Intersegments</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">80,267</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">2,462</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">4,181</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">7</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(86,917)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Third
    parties</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1,455</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">126,590</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">10,642</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">381</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">139,068</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Cost
    of sales</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(33,143)</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(113,603)</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(7,621)</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(398)</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">89,008</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(65,757)</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Gross
    profit</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">48,579</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">15,449</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">7,202</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(10)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">2,091</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">73,311</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Expenses</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(638)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(6,141)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(4,051)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(2,442)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(23)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(13,295)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&nbsp;&nbsp;&nbsp;&nbsp;Selling</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(35)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(2,775)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(3,390)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(121)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(23)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(6,344)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&nbsp;&nbsp;&nbsp;&nbsp;General
    and administrative </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(86)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(405)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(79)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(1,285)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(1,855)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&nbsp;&nbsp;&nbsp;&nbsp;Exploration
    costs</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(817)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(817)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&nbsp;&nbsp;&nbsp;&nbsp;Research
    and development</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(645)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(10)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(7)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(138)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(800)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&nbsp;&nbsp;&nbsp;&nbsp;Other
    taxes</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(90)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(558)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(46)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(345)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(1,039)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&nbsp;&nbsp;&nbsp;&nbsp;Other
    income and expenses</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1,035</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(2,393)</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(529)</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(553)</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(2,440)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Net
    income (loss) before financial results and income taxes</FONT></TD>
    <TD STYLE="font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">47,941</FONT></TD>
    <TD STYLE="font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">9,308</FONT></TD>
    <TD STYLE="font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">3,151</FONT></TD>
    <TD STYLE="font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(2,452)</FONT></TD>
    <TD STYLE="font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">2,068</FONT></TD>
    <TD STYLE="font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">60,016</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&nbsp;&nbsp;&nbsp;&nbsp;Net
    finance income (expenses)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(3,200)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(3,200)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&nbsp;&nbsp;&nbsp;&nbsp;Results
    in equity-accounted investments</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">94</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">66</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">23</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(2)</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">181</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Net
    Income (loss) before income taxes</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">48,035</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">9,374</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">3,174</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(5,654)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">2,068</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">56,997</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&nbsp;&nbsp;&nbsp;&nbsp;Income
    taxes</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(16,300)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(3,165)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(1,071)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">2,550</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(704)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(18,690)</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="vertical-align: top; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #008542"><B>Net
    income (loss) of the period</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>31,735</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>6,209</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>2,103</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>(3,104)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>1,364</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>38,307</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; font: bold 6.5pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Attributable
    to:</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Shareholders
    of Petrobras</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">31,742</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">6,209</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">2,010</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(3,169)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1,364</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">38,156</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Non-controlling
    interests</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(7)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">93</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">65</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">151</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="vertical-align: top; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>31,735</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>6,209</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>2,103</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>(3,104)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>1,364</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>38,307</B></FONT></TD></TR>
  </TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 6pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Consolidated
Statement of Income by operating segment &ndash; <FONT STYLE="color: #675C53">Jan-Mar/2022 - Reclassified</FONT></FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 7.5pt Times New Roman; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 46%; padding-right: 7.1pt; font-size: 6.5pt; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; text-align: right; font-size: 7pt; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Exploration
    and Production</FONT></TD>
    <TD STYLE="width: 11%; padding-right: 1.4pt; text-align: right; font-size: 7pt; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Refining,
    Transportation &amp; Marketing</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt"><P STYLE="font: bold 6.5pt Times New Roman; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">Gas</FONT></P>
    <P STYLE="font: bold 6.5pt Times New Roman; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">&amp;</FONT></P>
    <P STYLE="font: bold 7pt Times New Roman; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">Power</FONT></P></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; text-align: right; font-size: 7pt; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Corporate
    and other business</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; text-align: right; font-size: 7pt; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Eliminations</FONT></TD>
    <TD STYLE="width: 7%; padding-right: 1.4pt; text-align: right; font-size: 7pt; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Total</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Sales
    revenues</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">102,567</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">128,476</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">17,655</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">658</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(107,715)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">141,641</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Intersegments</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">100,949</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">2,258</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">4,490</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">18</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(107,715)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&minus;</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Third
    parties</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1,618</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">126,218</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">13,165</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">640</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&minus;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">141,641</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Cost
    of sales</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(40,112)</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(112,165)</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(15,272)</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(649)</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">101,323</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(66,875)</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Gross
    profit</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">62,455</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">16,311</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">2,383</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">9</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(6,392)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">74,766</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Expenses</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(263)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(3,184)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(4,586)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(3,131)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(20)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(11,184)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&nbsp;&nbsp;&nbsp;&nbsp;Selling</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(9)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(2,123)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(3,952)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(55)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(20)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(6,159)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&nbsp;&nbsp;&nbsp;&nbsp;General
    and administrative </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(68)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(324)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(84)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(1,083)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">-</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(1,559)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&nbsp;&nbsp;&nbsp;&nbsp;Exploration
    costs</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(408)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">-</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">-</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&minus;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">-</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(408)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&nbsp;&nbsp;&nbsp;&nbsp;Research
    and development</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(909)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(13)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(14)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(145)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">-</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(1,081)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&nbsp;&nbsp;&nbsp;&nbsp;Other
    taxes</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(76)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(39)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(52)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(144)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">-</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(311)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 1.4pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&nbsp;&nbsp;&nbsp;&nbsp;Other
    income and expenses</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1,207</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(685)</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(484)</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(1,704)</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">-</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(1,666)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Net
    income (loss) before financial results and income taxes</FONT></TD>
    <TD STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">62,192</FONT></TD>
    <TD STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">13,127</FONT></TD>
    <TD STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(2,203)</FONT></TD>
    <TD STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(3,122)</FONT></TD>
    <TD STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(6,412)</FONT></TD>
    <TD STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">63,582</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&nbsp;&nbsp;&nbsp;&nbsp;Net
    finance income (expenses)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">-</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">-</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&minus;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">2,983</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">-</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">2,983</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&nbsp;&nbsp;&nbsp;&nbsp;Results
    in equity-accounted investments</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">257</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1,415</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">149</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(5)</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">-</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1,816</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Net
    Income (loss) before income taxes</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">62,449</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">14,542</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(2,054)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(144)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(6,412)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">68,381</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 1.4pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&nbsp;&nbsp;&nbsp;&nbsp;Income
    taxes</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(21,146)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(4,463)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">749</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(918)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">2,180</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(23,598)</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="vertical-align: top; border-bottom: #008542 1pt solid; padding-right: 1.4pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #008542"><B>Net
    income (loss) of the period</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>41,303</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>10,079</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>(1,305)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>(1,062)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>(4,232)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>44,783</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Attributable
    to:</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; font-size: 6.5pt; font-weight: bold"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Shareholders
    of Petrobras</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">41,309</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">10,079</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(1,441)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(1,154)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(4,232)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">44,561</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; padding-right: 1.4pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Non-controlling
    interests</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(6)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&minus;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">136</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">92</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&minus;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">222</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="vertical-align: top; padding-right: 1.4pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>41,303</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>10,079</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>(1,305)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>(1,062)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>(4,232)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>44,783</B></FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="vertical-align: top; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 6pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
balance of depreciation, depletion and amortization by business segment is shown below:</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 56%; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Exploration
    and Production</B></FONT></TD>
    <TD STYLE="width: 10%; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Refining,
    Transportation &amp; Marketing</B></FONT></TD>
    <TD STYLE="width: 7%; padding-right: 1.4pt"><P STYLE="font: bold 7pt Times New Roman; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">Gas</FONT></P>
    <P STYLE="font: bold 7pt Times New Roman; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">&amp;</FONT></P>
    <P STYLE="font: 7pt Times New Roman,sans-serif; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Power</B></FONT></P></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Corporate
    and other business</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Total</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Jan-Mar/2023</FONT></TD>
    <TD STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">11,502</FONT></TD>
    <TD STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">2,899</FONT></TD>
    <TD STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">643</FONT></TD>
    <TD STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">142</FONT></TD>
    <TD STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">15,186</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Jan-Mar/2022</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">12,941</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">2,991</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">562</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">110</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">16,604</FONT></TD></TR>
  </TABLE>

<P STYLE="font: 10pt/115% Times New Roman,sans-serif; margin: 0 0 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 24 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->23<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 9pt Times New Roman; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="border-bottom: Black 1pt solid; width: 100%"><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE FINANCIAL STATEMENTS</B></P><P STYLE="color: #008542; font: 9pt Times New Roman; margin: 0">PETROBRAS</P><DIV STYLE="padding: 0in 0in 1pt"> <P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">This interim financial information should be read together with the Company&rsquo;s audited annual financial statements</P><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">(Expressed in millions of reais, unless otherwise indicated)</P></DIV><P STYLE="font: italic 9pt Times New Roman; margin: 0"></P></TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt"><B>8.2.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt"><B>Assets
                                            by operating segment</B></FONT></TD></TR></TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: #F4F4F4">
    <TD STYLE="width: 46%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 10%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #006298"><B>Exploration
    and Production (E&amp;P)</B></FONT></TD>
    <TD STYLE="width: 12%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #006298"><B>Refining,
    Transportation &amp; Marketing (RT&amp;M)</B></FONT></TD>
    <TD STYLE="width: 7%; padding-right: 3pt; padding-left: 3pt"><P STYLE="font: 7.5pt Times New Roman,sans-serif; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Gas</B></FONT></P>
    <P STYLE="font: 7.5pt Times New Roman,sans-serif; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>&amp;</B></FONT></P>
    <P STYLE="font: 7.5pt Times New Roman,sans-serif; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Power
    (G&amp;P)</B></FONT></P></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #006298"><B>Corporate
    and other business</B></FONT></TD>
    <TD STYLE="width: 8%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #006298"><B>Elimina-tions</B></FONT></TD>
    <TD STYLE="width: 8%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #006298"><B>Total</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="7" STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #006298"><B>Consolidated
    assets by operating segment - 03.31.2023</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Current
    assets</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">18,454</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">55,449</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">1,936</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">106,327</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(24,972)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">157,194</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Non-current
    assets</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">584,673</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">115,787</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">37,179</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">83,744</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">821,383</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Long-term
    receivables</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">37,132</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">9,604</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">491</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">71,722</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">118,949</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Investments</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">1,967</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">5,242</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">903</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">202</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">8,314</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Property,
    plant and equipment</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">532,663</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">100,351</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">35,390</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">10,217</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">678,621</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 20pt; text-indent: 0.75pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Operating
    assets</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">471,882</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">85,258</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">24,428</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">8,205</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">589,773</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 20pt; text-indent: 0.75pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Under
    construction</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">60,781</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">15,093</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">10,962</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">2,012</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">88,848</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Intangible
    assets</FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">12,911</FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">590</FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">395</FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">1,603</FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">15,499</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F4F4F4">
    <TD STYLE="border-bottom: #008542 1.5pt outset; border-left: white 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #008542"><B>Total
    Assets</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>603,127</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>171,236</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>39,115</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>190,071</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>(24,972)</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>978,577</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="7" STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #006298"><B>Consolidated
    assets by operating segment - 12.31.2022</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Current
    assets</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">27,259</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">62,794</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">2,041</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">98,422</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(27,464)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">163,052</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Non-current
    assets</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">579,735</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">116,858</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">37,533</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">79,531</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">813,657</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Long-term
    receivables</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">33,140</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">9,450</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">492</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">67,640</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">110,722</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Investments</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">1,976</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">5,098</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">905</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">193</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">8,172</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Property,
    plant and equipment</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">531,550</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">101,728</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">35,747</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">10,157</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">679,182</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 20pt; text-indent: 0.75pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Operating
    assets</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">480,481</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">87,925</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">25,085</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">8,267</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">601,758</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 20pt; text-indent: 0.75pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Under
    construction</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">51,069</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">13,803</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">10,662</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">1,890</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">77,424</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Intangible
    assets</FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">13,069</FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">582</FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">389</FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">1,541</FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">15,581</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F4F4F4">
    <TD STYLE="border-bottom: #008542 1.5pt outset; border-left: white 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #008542"><B>Total
    Assets</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>606,994</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>179,652</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>39,574</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>177,953</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>(27,464)</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>976,709</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Times New Roman,sans-serif; margin: 0; text-align: justify; color: red"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="color: #008542; font: bold 12pt Times New Roman; margin-top: 12pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 17.85pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 13pt"><A NAME="a_025"></A>9.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Trade
                                            and other receivables</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="color: #008542; font: bold 11pt Times New Roman; margin-top: 6pt; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt">9.1.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Trade
                                            and other receivables, net</FONT></TD></TR></TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: bold 6.5pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Consolidated</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 82%; padding-right: 7.1pt; font: bold 6.5pt Times New Roman"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">03.31.2023</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">12.31.2022</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Receivables
    from contracts with customers</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#9;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#9;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Third
    parties</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">25,649</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">27,184</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Related
    parties</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; padding-left: 30pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Investees
    (note 27.5)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">473</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">486</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Subtotal</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>26,122</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>27,670</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Other
    trade receivables</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&nbsp;Third
    parties </FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; padding-left: 30pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Receivables
    from divestments and Transfer of Rights Agreement (*)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">7,038</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">10,026</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; padding-left: 30pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Lease
    receivables </FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1,972</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">2,054</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; padding-left: 30pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Other
    receivables </FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">3,073</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">3,993</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Related
    parties</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; padding-left: 20pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Petroleum
    and alcohol accounts &ndash; receivables from Brazilian Government </FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">3,198</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">3,143</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Subtotal</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>15,281</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>19,216</B></FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #008542"><B>Total
    trade receivables</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>41,403</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>46,886</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Expected
    credit losses (ECL) &ndash; Third parties</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(8,024)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(8,000)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Expected
    credit losses (ECL) &ndash; Related parties</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(14)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(15)</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #008542"><B>Total
    trade receivables, net</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>33,365</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>38,871</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Current</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">23,497</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">26,142</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #006298 1pt solid; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Non-current</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">9,868</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">12,729</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3" STYLE="font: 6.5pt Times New Roman; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">(*)
    On March 31, 2023 and December 31, 2022, it mainly refers to the receivables from the operations of Atapu, S&eacute;pia, Carm&oacute;polis,
    Roncador, Maromba, Miranga, Ba&uacute;na, Pampo and Enchova, Breitener, Rio Ventura and Cricar&eacute;.</FONT></TD></TR>
  </TABLE>
<P STYLE="color: #548DD4; font: bold 3pt Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman,sans-serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Accounts
receivable are classified in the amortized cost category, except for certain receivables with final price formation after the transfer
of control of products that depend on the variation in the value of the commodity, classified in the category fair value through profit
or loss, whose value on March 31, 2023 totaled R$&nbsp;2,367 (R$ 2,451 as of December 31, 2022).</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
balance of receivables from divestments was reduced mainly by earn out receipts related to S&eacute;pia and Atapu (R$ 2,007) and Ba&uacute;na
(R$ 438).</FONT></P>


<!-- Field: Page; Sequence: 25 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->24<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 9pt Times New Roman; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="border-bottom: Black 1pt solid; width: 100%"><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE FINANCIAL STATEMENTS</B></P><P STYLE="color: #008542; font: 9pt Times New Roman; margin: 0">PETROBRAS</P><DIV STYLE="padding: 0in 0in 1pt"> <P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">This interim financial information should be read together with the Company&rsquo;s audited annual financial statements</P><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">(Expressed in millions of reais, unless otherwise indicated)</P></DIV><P STYLE="font: italic 9pt Times New Roman; margin: 0"></P></TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="color: #008542; font: bold 11pt Times New Roman; margin-top: 6pt; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt">9.2.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Aging
                                            of trade and other receivables &ndash; third parties</FONT></TD></TR></TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: bold 6.5pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Consolidated</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="font: bold 6.5pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">03.31.2023</FONT></TD>
    <TD COLSPAN="2" STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">12.31.2022</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 64%; padding-right: 7.1pt; font: bold 6.5pt Times New Roman"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 6.5pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Trade
    receivables</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 6.5pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Expected
    credit losses (ECL)</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 6.5pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Trade
    receivables</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 6.5pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Expected
    credit losses (ECL)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Current</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">28,071</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(177)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">33,778</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(203)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Overdue:</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Until
    3 months</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">584</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(225)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">986</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(252)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">3
    &ndash; 6 months</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">488</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(155)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">159</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(143)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">6
    &ndash; 12 months</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">532</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(317)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">330</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(265)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">More
    than 12 months</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">8,057</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(7,150)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">8,004</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(7,137)</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #008542"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>37,732</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>(8,024)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>43,257</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>(8,000)</B></FONT></TD></TR>
  </TABLE>
<P STYLE="color: #008542; font: bold 11pt Times New Roman; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="color: #008542; font: bold 11pt Times New Roman; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt">9.3.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Changes
                                            in provision for expected credit losses - third parties and related parties</FONT></TD></TR></TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: bold 6.5pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Consolidated</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 82%; padding-right: 7.1pt; font: bold 6.5pt Times New Roman"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt"><P STYLE="font: bold 7pt Times New Roman; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">2023</FONT></P>
    <P STYLE="font: bold 7pt Times New Roman; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">Jan-Mar</FONT></P></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt"><P STYLE="font: bold 7pt Times New Roman; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">2022</FONT></P>
    <P STYLE="font: bold 7pt Times New Roman; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">Jan-Mar</FONT></P></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">Opening
    balance</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">8,015</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">8,083</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">Additions
    </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">222</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">215</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: black">Reversals</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(110)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(133)</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">Write-offs</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(1)</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(24)</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">Cumulative
    translation adjustment</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(88)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(574)</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #008542"><B>Closing
    balance</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>8,038</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>7,567</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Current</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1,359</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">990</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #006298 1pt solid; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Non-current</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">6,679</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">6,577</FONT></TD></TR>
  </TABLE>
<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="color: #008542; font: bold 12pt Times New Roman; margin-top: 6pt; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 17.85pt"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A NAME="a_026"></A><FONT STYLE="font-size: 13pt">10.</FONT></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Inventories</FONT></TD></TR></TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: bold 6.5pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Consolidated</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 82%; padding-right: 7.1pt; font: bold 6.5pt Times New Roman"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">03.31.2023</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">12.31.2022</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Crude
    oil</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">17,658</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">19,505</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Oil
    products</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">13,205</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">17,102</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Intermediate
    products</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">2,887</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">3,063</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Natural
    gas and LNG (*)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">651</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">706</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Biofuels</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">86</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">75</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Fertilizers</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">7</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">19</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Total
    products</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">34,494</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">40,470</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #006298 1pt solid; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Materials,
    suppliers and others</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">5,989</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">5,334</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #008542"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>40,483</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>45,804</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3" STYLE="font: 6.5pt Times New Roman; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><SUP>(*)
    Liquefied Natural Gas</SUP></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman; margin: 0 0 6pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman,sans-serif; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Consolidated
inventories are presented net of losses for adjustment to their net realizable value, these adjustments being mainly due to fluctuations
in international oil prices and their oil products and, they are recognized in the statement of income for the period as cost of sales.
In the period from January to March 2023, there was a R$&nbsp;44 reversal of cost of sales, adjusting inventories to net realizable value
(a R$ 34 reversal of cost of sales in the first quarter of 2022).</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 6pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">As
of March 31, 2023, the company has a volume of oil and/or oil product inventories given as guarantee of the Term of Financial Commitments
(TFC) related to the PPSP-R, PPSP R pre 70 and PPSP NR pre 70 Pension plans, signed in 2008 with Funda&ccedil;&atilde;o Petrobras de
Seguridade Social - Petros, in the estimated amount of R$ 4.731, after deducting the partial early settlement, made in February 2022.</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="color: #008542; font: bold 12pt Times New Roman; margin-top: 6pt; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 17.85pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 13pt"><A NAME="a_027"></A>11.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Trade
                                            payables</FONT></TD></TR></TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Consolidated</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 82%; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>03.31.2023</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>12.31.2022</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Third
    parties in Brazil</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">15,261</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">18,248</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Third
    parties abroad</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">10,338</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">10,096</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Related
    parties</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">44</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">163</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #008542"><B>Total
    in current liabilities</B></FONT></TD>
    <TD STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>25,643</B></FONT></TD>
    <TD STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>28,507</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; color: red"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 6pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 26 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->25<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 9pt Times New Roman; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="border-bottom: Black 1pt solid; width: 100%"><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE FINANCIAL STATEMENTS</B></P><P STYLE="color: #008542; font: 9pt Times New Roman; margin: 0">PETROBRAS</P><DIV STYLE="padding: 0in 0in 1pt"> <P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">This interim financial information should be read together with the Company&rsquo;s audited annual financial statements</P><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">(Expressed in millions of reais, unless otherwise indicated)</P></DIV><P STYLE="font: italic 9pt Times New Roman; margin: 0"></P></TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="7" STYLE="padding-right: 7.1pt"><P STYLE="font: bold 6.5pt Times New Roman; margin: 0; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: bold 12pt Times New Roman; color: #008542; margin: 0 0 0 28.35pt; text-align: justify; text-indent: -28.35pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 13pt"><A NAME="a_028"></A>12.</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">Taxes</FONT></P>

<P STYLE="font: bold 11pt Times New Roman; color: #008542; margin: 12pt 0 12pt 14.2pt; text-align: justify; text-indent: -14.2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt">12.1.</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">Income tax and social contribution</FONT></P>

<P STYLE="font: 11pt Times New Roman; margin: 0 0 12pt; text-align: justify; color: #008542"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Current
taxes</B></FONT></P>

<P STYLE="font: bold 6.5pt Times New Roman; margin: 0; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: bold 6.5pt Times New Roman; margin: 0; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">Income
tax and social contribution</FONT></P>

 <FONT STYLE="color: #006298">Consolidated</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="vertical-align: top; font: bold 6.5pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Current
    assets</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Current
    liabilities</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Non-current
    liabilities </FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 46%; padding-right: 7.1pt; font: bold 6.5pt Times New Roman"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">03.31.2023</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">12.31.2022</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">03.31.2023</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">12.31.2022</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">03.31.2023</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">12.31.2022</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Taxes
    in Brazil </FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#9;</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Income
    taxes</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">890</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">833</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">4,674</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">13,074</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: top; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Income
    taxes &ndash; Tax settlement programs</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">265</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">259</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1,549</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1,578</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>890</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>833</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>4,939</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>13,333</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>1,549</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>1,578</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Taxes
    abroad</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">28</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">26</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1,952</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1,712</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="vertical-align: top; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #008542"><B>Total</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>918</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>859</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>6,891</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>15,045</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>1,549</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>1,578</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 6.5pt Times New Roman; margin: 0; text-align: justify; color: #675C53"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="color: #008542; font: bold 11pt Times New Roman; margin: 12pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Reconciliation
between statutory tax rate and effective tax expense rate</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify; color: #222222"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
reconciliation of taxes calculated according to nominal rates and the amount of registered taxes are shown below:</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Consolidated</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 64%; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt"><P STYLE="font: 7pt Times New Roman,sans-serif; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>2023</B></FONT></P>
    <P STYLE="font: 7pt Times New Roman,sans-serif; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Jan-Mar</B></FONT></P></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt"><P STYLE="font: 7pt Times New Roman,sans-serif; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>2022</B></FONT></P>
    <P STYLE="font: 7pt Times New Roman,sans-serif; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Jan-Mar</B></FONT></P></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Net
    income before income taxes</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">56,997</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">68,381</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Nominal
    income taxes computed based on Brazilian statutory corporate tax rates (34%)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(19,379)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(23,250)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Adjustments
    to arrive at the effective tax rate:</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Different
    jurisdictional tax rates for companies abroad</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">1,278</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">1,034</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Brazilian
    income taxes on income of companies incorporated outside Brazil (*)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(526)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(1,542)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Tax
    incentives</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">222</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">43</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Tax
    loss carryforwards (unrecognized tax losses)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(28)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">12</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Non-taxable
    income (non-deductible expenses), net </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">33</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">134</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Post-retirement
    benefit</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(401)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(722)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Results
    of equity-accounted investments in Brazil and abroad</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">60</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">633</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Others</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">51</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">60</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #008542"><B>Income
    tax expenses</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>(18,690)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>(23,598)</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Deferred
    income taxes</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(3,498)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(10,135)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Current
    income taxes</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(15,192)</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(13,463)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Effective
    tax rate of income taxes</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>32.8%</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>34.5%</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="5" STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 6.5pt; color: #675C53">(*)
    Income tax and social contribution in Brazil referring to income earned in the years by investees abroad, according to provisions
    provided for in Law No. 12,973 / 2014.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify; color: #222222"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="color: #008542; font: bold 11pt Times New Roman; margin: 12pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Deferred
income taxes - non-current</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
table below shows the movement in the periods:</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Consolidated</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 82%; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>2023</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>2022</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Jan-Mar</B></FONT></TD>
    <TD STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Jan-Mar</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt">Opening
    balance</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>(30,878)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>(3,486)</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt">Recognized
    in income of the period</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(3,498)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(10,135)</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt">Recognized
    in shareholders&rsquo; equity</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(4,458)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(22,824)</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt">Cummulative
    Translation Adjustment</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(44)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(30)</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt">Use
    of tax credits</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(3,767)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt">Others</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">1</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">19</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt">Final
    balance</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>(38,877)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>(40,223)</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3" STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman,sans-serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 27 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->26<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 9pt Times New Roman; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="border-bottom: Black 1pt solid; width: 100%"><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE FINANCIAL STATEMENTS</B></P><P STYLE="color: #008542; font: 9pt Times New Roman; margin: 0">PETROBRAS</P><DIV STYLE="padding: 0in 0in 1pt"> <P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">This interim financial information should be read together with the Company&rsquo;s audited annual financial statements</P><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">(Expressed in millions of reais, unless otherwise indicated)</P></DIV><P STYLE="font: italic 9pt Times New Roman; margin: 0"></P></TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman,sans-serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">The table below shows
the composition and basis for realization of deferred tax assets and liabilities:</FONT></P>

<P STYLE="font: 6.5pt Times New Roman,sans-serif; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Consolidated</B></FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; font: bold 6.5pt Times New Roman; background-color: #F2F2F2; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Nature</FONT></TD>
    <TD COLSPAN="6" STYLE="vertical-align: bottom; font: bold 7pt Times New Roman; background-color: #F2F2F2; padding-right: 1.4pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Basis
    for realization</FONT></TD>
    <TD STYLE="font: bold 7pt Times New Roman; vertical-align: bottom; background-color: #F2F2F2; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">03.31.2023</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: bold 7pt Times New Roman; background-color: #F2F2F2; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">12.31.2022</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Property,
    plant and equipment - Cost of prospecting and dismantling areas</FONT></TD>
    <TD COLSPAN="6" STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt"><P STYLE="font: 7.5pt Times New Roman; margin: 0; text-align: left; color: #675C53"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>
    <P STYLE="font: 7.5pt Times New Roman; margin: 0; text-align: left; color: #675C53"><FONT STYLE="font-family: Times New Roman, Times, Serif">Depreciation,
    Amortization and Write-off of Assets</FONT></P></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">2,974</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">824</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Property,
    plant and equipment - Impairment</FONT></TD>
    <TD COLSPAN="6" STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Amortization,
    Write-off of Assets and Impairment Reversal</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">17,668</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">18,795</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Property,
    plant and equipment &ndash; Depreciation, accelerated and linear x unit produced and capitalized charges </FONT></TD>
    <TD COLSPAN="6" STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Depreciation,
    Amortization and Write-off of Assets</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">(82,477)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">(80,553)</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Loans,
    accounts receivable / payable and financing</FONT></TD>
    <TD COLSPAN="6" STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Payments,
    Receipts and Consideration</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">(1,077)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">4,228</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Leases</FONT></TD>
    <TD COLSPAN="6" STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Appropriation
    of consideration</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">976</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">2,266</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Provision
    for lawsuits</FONT></TD>
    <TD COLSPAN="6" STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Payment
    and reversal of the provision</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">4,879</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">4,618</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Tax
    losses</FONT></TD>
    <TD COLSPAN="6" STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Compensation
    of 30% of taxable income</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">4,736</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">4,771</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Inventories</FONT></TD>
    <TD COLSPAN="6" STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Sale,
    Write-Off and Loss</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">1,063</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">1,740</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Employee
    benefits, mainly pension plan</FONT></TD>
    <TD COLSPAN="6" STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Payment
    and reversal of the provision</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">8,207</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">7,918</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Others</FONT></TD>
    <TD COLSPAN="6" STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">4,174</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">4,515</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; background-color: #F2F2F2; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #008542"><B>Total</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; background-color: #F2F2F2; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; background-color: #F2F2F2; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; background-color: #F2F2F2; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; background-color: #F2F2F2; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; background-color: #F2F2F2; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; background-color: #F2F2F2; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53"><B>(38,877)</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; background-color: #F2F2F2; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53"><B>(30,878)</B></FONT></TD>
    </TR>
  <TR>
    <TD COLSPAN="3" STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">Deferred
    income taxes &ndash; assets</FONT></TD>
    <TD COLSPAN="4" STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; font: 7.5pt Times New Roman; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">3,699</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; font: 7.5pt Times New Roman; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">4,342</FONT></TD></TR>
  <TR>
    <TD COLSPAN="3" STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">Deferred
    income taxes &ndash; liabilities </FONT></TD>
    <TD COLSPAN="4" STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">(42,576)</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">(35,220)</FONT></TD></TR>
  <TR>
    <TD COLSPAN="9" STYLE="padding-right: 3pt; padding-left: 3pt"><P STYLE="font: 7pt Times New Roman,sans-serif; margin: 0; color: #675C53"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>
    <P STYLE="font: 7pt Times New Roman,sans-serif; margin: 0; color: #675C53"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P></TD></TR>
  <TR>
    <TD STYLE="width: 42%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 5%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 7%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    </TR>
  </TABLE>
<P STYLE="color: #008542; font: bold 11pt Times New Roman; margin: 6pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Uncertain
tax treatments&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman,sans-serif; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">On
April 24, 2023, the Company received an additional charge from the Dutch tax authority, due to a final assessment on the calculation
of the Corporate Income Tax (CIT) of subsidiaries in the Netherlands in 2018, arising from the valuation of platforms and equipment nationalized
under the Repetro tax regime, in the amount of R$ 1,417, classified as a contingent liability (note 14.3).</FONT></P>

<P STYLE="font: 10pt Times New Roman,sans-serif; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
years 2019 to 2022 have not yet been assessed by the Dutch tax authorities. Any collection by the Dutch tax authority on a similar basis
to the 2018 year could reach the amount of R$ 1,529, making the total of the aforementioned uncertain tax position at R$ 2,946.&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman,sans-serif; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
Company will continue to defend its position that the valuation of platforms and equipment was carried out in compliance with the relevant
legislation, through the use of administrative appeals or by the Dutch judicial courts. Therefore, no provision was recorded in these
unaudited condensed consolidated interim financial statements for the period ended March 31, 2023.</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="color: #008542; font: bold 11pt Times New Roman; margin-top: 12pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt">12.2.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Other
                                            taxes</FONT></TD></TR></TABLE>

<P STYLE="font: bold 7pt Times New Roman; margin: 0; text-align: justify; color: #006298; text-indent: 12.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif">Consolidated</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; font: bold 6.5pt Times New Roman; background-color: #F2F2F2; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Other
    taxes</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; font: bold 7pt Times New Roman; background-color: #F2F2F2; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Current
    assets</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; font: bold 7pt Times New Roman; background-color: #F2F2F2; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Non-current
    assets</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; font: bold 7pt Times New Roman; background-color: #F2F2F2; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Current
    liabilities</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; font: bold 7pt Times New Roman; background-color: #F2F2F2; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Non-current
    liabilities (*)</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: bottom; width: 28%; background-color: #F2F2F2; padding-right: 7.1pt; font: bold 6.5pt Times New Roman"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 9%; background-color: #F2F2F2; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">03.31.2023</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 9%; background-color: #F2F2F2; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">12.31.2022</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 9%; background-color: #F2F2F2; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">03.31.2023</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 9%; background-color: #F2F2F2; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">12.31.2022</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 9%; background-color: #F2F2F2; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">03.31.2023</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 9%; background-color: #F2F2F2; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">12.31.2022</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 9%; background-color: #F2F2F2; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">03.31.2023</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 9%; background-color: #F2F2F2; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">12.31.2022</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Taxes
    in Brazil:</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 8pt Calibri, Helvetica, Sans-Serif; padding-right: 1.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#9;</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#9;</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Current
    / Deferred VAT Rate (VAT) </FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">3,378</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">3,734</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">2,481</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">2,470</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">3,713</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">3,646</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Current
    / Deferred PIS and COFINS </FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1,502</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1,970</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">13,144</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">12,323</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">558</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">148</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">523</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">466</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">PIS
    and COFINS - Law 9,718/98 </FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">3,460</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">3,429</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Production
    taxes/Royalties</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">9,207</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">10,416</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">734</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">594</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Withholding
    income taxes</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">372</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">779</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Others</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">264</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">218</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1,427</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1,424</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1,409</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">820</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">471</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">471</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Total
    in Brazil</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">5,144</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">5,922</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">20,512</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">19,646</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">15,259</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">15,809</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1,728</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1,531</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Taxes
    abroad</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">40</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">38</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">71</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">69</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">97</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">97</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #008542"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>5,184</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>5,960</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>20,583</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>19,715</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>15,356</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>15,906</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>1,728</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>1,531</B></FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD COLSPAN="9" STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">(*)
    Other non-current taxes are classified within other non-current liabilities in the balance sheet.</FONT></TD></TR>
  <TR>
    <TD COLSPAN="9" STYLE="vertical-align: bottom; font: 6.5pt Times New Roman; padding-right: 1.4pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    </TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="color: #008542; font: bold 12pt Times New Roman; margin-top: 12pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A NAME="a_029"></A><FONT STYLE="font-size: 13pt">13.</FONT></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Employee
                                            benefits</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Employee
benefits are all forms of consideration given by an entity in exchange for service rendered by employees or for the termination of employment.
It also includes expenses with directors and other managers. Such benefits include salaries, post-employment benefits, termination benefits
and other benefits.</FONT></P>


<!-- Field: Page; Sequence: 28 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->27<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 9pt Times New Roman; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="border-bottom: Black 1pt solid; width: 100%"><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE FINANCIAL STATEMENTS</B></P><P STYLE="color: #008542; font: 9pt Times New Roman; margin: 0">PETROBRAS</P><DIV STYLE="padding: 0in 0in 1pt"> <P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">This interim financial information should be read together with the Company&rsquo;s audited annual financial statements</P><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">(Expressed in millions of reais, unless otherwise indicated)</P></DIV><P STYLE="font: italic 9pt Times New Roman; margin: 0"></P></TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: bold 6.5pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Consolidated</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 82%; padding-right: 7.1pt; font: bold 6.5pt Times New Roman"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">03.31.2023</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">12.31.2022</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>Liabilities</B></FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Short-term
    employee benefits</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">7,898</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">7,576</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Termination
    benefits</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">868</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1,005</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Post-retirement
    benefits</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">60,248</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">58,675</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #008542"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>69,014</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>67,256</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Current</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">11,882</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">11,555</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Non-current
    </FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">57,132</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">55,701</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;&nbsp;</FONT></P>

<P STYLE="color: #008542; font: bold 11pt Times New Roman; margin: 12pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt">13.1.</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">Short-term benefits</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: bold 6.5pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Consolidated</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 64%; padding-right: 7.1pt; font: bold 6.5pt Times New Roman"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">03.31.2023</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">12.31.2022</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Variable
    compensation program &ndash; PPP</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">3,006</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">2,552</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Accrued
    vacation and christmas bonus</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">2,944</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">2,634</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Salaries
    and related charges and other provisions</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1,313</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1,704</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Profit
    sharing </FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">635</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">686</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #008542"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>7,898</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>7,576</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Current</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">7,725</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">7,413</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Non-current
    (*)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">173</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">163</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 6.5pt Times New Roman; margin: 0 0 12pt; text-align: justify; color: #675C53"><FONT STYLE="font-family: Times New Roman, Times, Serif">(*)
Refers to the balance of the deferral for 4 years of 40% of the PPP portion of the administrators and executive managers.</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
company recognized the following amounts in the income statement:</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="4" STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Consolidated</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 64%; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt"><P STYLE="font: 7pt Times New Roman,sans-serif; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>2023</B></FONT></P>
    <P STYLE="font: 7pt Times New Roman,sans-serif; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Jan-Mar</B></FONT></P></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt"><P STYLE="font: 7pt Times New Roman,sans-serif; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>2022</B></FONT></P>
    <P STYLE="font: 7pt Times New Roman,sans-serif; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Jan-Mar</B></FONT></P></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Costs/Expenses
    in the statement of income </FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Salaries,
    vacation, christmas bonus, charges over provisions and others</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(3,878)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(3,529)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Variable
    compensation program </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(725)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(618)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Profit
    sharing </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(180)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(161)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Manager
    compensations and charges </FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(12)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(15)</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #008542"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>(4,795)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>(4,323)</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="color: #008542; font: bold 11pt Times New Roman; margin: 12pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">13.1.1
Variable compensation program</FONT></P>

<P STYLE="color: #008542; font: bold 10pt Times New Roman; margin: 12pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Performance
award program (PPP)</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Until
March 2023, the company paid the PPP 2022 to employees in the amount of R$718 (R$666 in the parent company) and, in April 2023, R$1,987
(R$1,852 in the parent company), totaling R$ 2,705 (R$2,518 in the parent company), considering compliance with the company's performance
metrics and the individual performance of all employees.</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">With
regard to the 2023 financial year, a proposal for reviewing Petrobras' PPP model is under study. However, in view of the expectation
of maintaining a program with a similar nature to that of 2022, Petrobras provisioned, in the period from January to March 2023, R$ 664
referring to the employees' variable remuneration for the year 2023, recorded in other operating expenses and, in the consolidated, R$
725 with the other programs of the consolidated companies.</FONT></P>

<P STYLE="color: #008542; font: bold 10pt Times New Roman; margin: 12pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Profit
Sharing (PLR)</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
company made an advance of PLR 2022 to employees in the amount of R$ 229 (R$ 211 in the parent company), whose final payment is estimated
for May 30, 2023, considering PLR 2021/2022 rule, approved by the Secretariat for Coordination and Governance of State Companies (Sest),
of the Federal Government, which covers employees without managerial functions and provides for individual limits according to the remuneration
of participants.</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">In
the period from January to March 2023, the company provisioned R$180 (R$162 in the parent company) referring to employee profit sharing
for the year 2023, recorded in other operating expenses.</FONT></P>


<!-- Field: Page; Sequence: 29 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->28<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 9pt Times New Roman; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="border-bottom: Black 1pt solid; width: 100%"><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE FINANCIAL STATEMENTS</B></P><P STYLE="color: #008542; font: 9pt Times New Roman; margin: 0">PETROBRAS</P><DIV STYLE="padding: 0in 0in 1pt"> <P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">This interim financial information should be read together with the Company&rsquo;s audited annual financial statements</P><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">(Expressed in millions of reais, unless otherwise indicated)</P></DIV><P STYLE="font: italic 9pt Times New Roman; margin: 0"></P></TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="color: #008542; font: bold 11pt Times New Roman; margin: 12pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt">13.2.</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT> <FONT STYLE="font-family: Times New Roman, Times, Serif">Termination benefits</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">These
are those provided by the termination of the employment contract as a result of: i) the entity's decision to terminate the employee's
employment relationship before the normal retirement date; or ii) employee's decision to accept an offer of benefits in exchange for
termination of employment.</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
company has voluntary termination programs (PDV), incentive retirement (PAI), specific termination programs for the corporate segment
and for employees assigned to units in the process of divestment, which basically provide for the same legal and indemnity benefits.</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Considering
the set of programs, there are 11,732 adhesions accumulated until March 31, 2023 (11,688 adhesions until December 31, 2022).</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
change in the provision is shown below:</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: bold 6.5pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Consolidated</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 82%; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>2023</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>2022</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Jan-Mar</B></FONT></TD>
    <TD STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Jan-Mar</B></FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #008542"><B>Opening
    Balance</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>1,005</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>1,950</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>Effects
    in the statement of income</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>(17)</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>20</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Enrollments</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">18</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">23</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Revision
    of provisions</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(35)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(3)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>Effect
    in cash and cash equivalents</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>(120)</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>(676)</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Use
    due to termination</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(120)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(676)</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #008542"><B>Saldo
    final</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>868</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>1,294</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Current</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">355</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">695</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Non
    Current</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">513</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">599</FONT></TD></TR>
  </TABLE>
<P STYLE="color: red; font: bold 3pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="color: #548DD4; font: bold 3pt Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
recognition of the provision for expenses with the retirement programs occurs as the employees join.</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
company deferred the payment of indemnities in two installments, the first at the time of termination, together with the legal severance
payments, and the second, when applicable, 12 months after the payment of the first installment.</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">As
of March 31, 2023, of the total provisioned, the amount of R$174 corresponds to the second installment of 590 terminated employees and
the amount of R$694 corresponds to 1,319 employees enrolled in the voluntary termination programs scheduled to leave by September 2025.</FONT></P>

<P STYLE="color: #008542; font: bold 11pt Times New Roman; margin: 12pt 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt">13.3.</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">Post-employment benefits</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
company maintains a health care plan for its employees in Brazil (active and retired) and their dependents and five other main post-retirement
pension benefits (collectively referred to as &ldquo;company pension plans&rdquo;).</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
balances related to post-employment benefits granted to employees are shown below:</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: bold 6.5pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Consolidated</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 64%; padding-right: 7.1pt; font: bold 6.5pt Times New Roman"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">03.31.2023</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">12.31.2022</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; font: bold 6.5pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Liabilities</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Health
    Care Plan: Sa&uacute;de Petrobras</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">30,926</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">30,330</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Petros
    Pension Plan - Renegotiated (PPSP-R) </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">19,032</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">18,813</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Petros
    Pension Plan - Non-renegotiated (PPSP-NR) </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">5,487</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">5,431</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Petros
    Pension Plan - Renegotiated - Pre-70 (PPSP-R Pr&eacute; 70)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">2,105</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1,484</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Petros
    Pension Plan - Non-renegotiated - Pre-70 (PPSP-NR Pr&eacute; 70)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1,810</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1,767</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Petros
    2 Pension Plan (PP-2)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">888</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">850</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #008542"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>60,248</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>58,675</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Current</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">3,802</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">3,750</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Non-current</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">56,446</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">54,925</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="5" STYLE="font: 6.5pt Times New Roman; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  </TABLE>

<!-- Field: Page; Sequence: 30 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->29<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 9pt Times New Roman; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="border-bottom: Black 1pt solid; width: 100%"><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE FINANCIAL STATEMENTS</B></P><P STYLE="color: #008542; font: 9pt Times New Roman; margin: 0">PETROBRAS</P><DIV STYLE="padding: 0in 0in 1pt"> <P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">This interim financial information should be read together with the Company&rsquo;s audited annual financial statements</P><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">(Expressed in millions of reais, unless otherwise indicated)</P></DIV><P STYLE="font: italic 9pt Times New Roman; margin: 0"></P></TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="color: #008542; font: bold 10pt Times New Roman; margin: 12pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Health
Care Plan</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
health care plan, named &ldquo;Sa&uacute;de Petrobras&rdquo;, is managed by the Petrobras Health Association (APS), a non-profit civil
association and includes prevention and health care programs. The plan covers all current employees, retirees and is open to new employees.</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Benefits
are paid by the Company based on the costs incurred by the participants. The financial participation of the Company and the beneficiaries
on the expenses is established in the collective bargaining agreement (ACT), being 60% (sixty percent) by the company and 40% (forty
percent) by the participants.</FONT></P>

<P STYLE="color: #008542; font: bold 10pt Times New Roman; margin: 12pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Pension
plans</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
Company&rsquo;s post-retirement plans are managed by Petros Foundation (<I>Funda&ccedil;&atilde;o Petrobras de Seguridade Social</I>),
which was established by Petrobras (Sponsor) as a nonprofit legal entity governed by private law with administrative and financial autonomy.</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
net obligation with pension plans recorded by the company has a different recognition methodology than that applicable to pension funds,
regulated by the <I>Conselho Nacional de Previd&ecirc;ncia Complementar</I>.</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
main differences in accounting practices adopted in Brazil (CNPC and CVM) between the Pension Fund and the Sponsor for calculating the
actuarial commitment on December 31, 2022 are shown below:</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: #F3F3F3">
    <TD STYLE="width: 74%; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 13%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #1F497D"><B>PPSP-R
    (*)</B></FONT></TD>
    <TD STYLE="width: 13%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #1F497D"><B>PPSP-NR
    (*)</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F4F4F4">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #008542"><B>Deficit
    registered by Petros</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>1,721</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>1,781</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Ordinary
    and extraordinary future contributions&nbsp;- sponsor</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">21,977</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">5,627</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Contributions
    related to the TFC - sponsor</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">3,608</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">2,041</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Financial
    assumptions (interest and Inflation rates), adjustment in the value of plan assets and calculation methodology</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(7,009)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(2,251)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F4F4F4">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #008542"><B>Net
    actuarial liability recorded by the Company</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>20,297</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>7,198</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3" STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(*)
    It includes the balance of PPSP-R pre-70 and PPSP-NR pre-70.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">On
March 29, 2023, the Petros Deliberative Council approved the financial statements of the pension plans for the year ended on December
31, 2022, sponsored by the company.</FONT></P>

<P STYLE="font: 10pt Times New Roman,sans-serif; margin: 0 0 12pt; text-align: justify; color: #008542"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Deficit
Settlement Plan 2021 referring to the PPSP-R plan</B></FONT></P>

<P STYLE="font: 10pt Times New Roman,sans-serif; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">On
April 1<SUP>st</SUP>, 2023, the deficit equation plan (PED) for the 2021 fiscal year of the Petros Renegotiated Plan (PPSP-R) came into
effect, with the start of extraordinary charges on the payroll of assets and beneficiaries from April/ 23, after a favorable statement
by SEST (the supervisory body of the sponsor Petrobras), which took place on March 17, 2023.</FONT></P>

<P STYLE="font: 10pt Times New Roman,sans-serif; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
PED 2021 had already been approved by Petros' Deliberative Council (CD) on November 10, 2022 and the deficit calculated for the 2021
fiscal year of R$ 8,515, must be equated equally between the sponsors and the participants of the PPSP-R, subject to the contribution
parity limit, and Petrobras will have the total amount of R$ 4,012, positioned on December 31, 2022, which will be paid in monthly installments
for the entire period of existence of the plan.</FONT></P>

<P STYLE="color: #008542; font: bold 11pt Times New Roman; margin: 12pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">13.3.1
Amounts in the financial statements related to defined benefit plans</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 6pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
net actuarial liability represents the company's obligations, net of the fair value of plan assets (when applicable), at present value.</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 6pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
movement of obligations with pension and health plans with a defined benefit feature is shown below:</FONT></P>


<!-- Field: Page; Sequence: 31 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->30<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 9pt Times New Roman; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="border-bottom: Black 1pt solid; width: 100%"><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE FINANCIAL STATEMENTS</B></P><P STYLE="color: #008542; font: 9pt Times New Roman; margin: 0">PETROBRAS</P><DIV STYLE="padding: 0in 0in 1pt"> <P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">This interim financial information should be read together with the Company&rsquo;s audited annual financial statements</P><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">(Expressed in millions of reais, unless otherwise indicated)</P></DIV><P STYLE="font: italic 9pt Times New Roman; margin: 0"></P></TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="5" STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Consolidated</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="5" STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>2023</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 55%; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Pension
    Plans</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Health
    Care Plan</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>PPSP-R
    (*)</B></FONT></TD>
    <TD STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>PPSP-NR
    (*)</B></FONT></TD>
    <TD STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>PP2</B></FONT></TD>
    <TD STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>AMS
    - Sa&uacute;de Petrobras</B></FONT></TD>
    <TD STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Total</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #006298 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Balance
    on December 31, 2022</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">20,297</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">7,198</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">850</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">30,330</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">58,675</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #006298 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Recognized
    in income &ndash; cost and expenses</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">611</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">211</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">38</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">1,064</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">1,924</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Current
    service cost</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">14</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">3</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">13</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">180</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">210</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Interest
    cost, net</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">597</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">208</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">25</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">884</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">1,714</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #006298 1pt solid; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Recognized
    in Equity - other comprehensive income</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">570</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">570</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Remeasurement:
    (Gains) / Actuarial losses (**)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">570</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">570</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #006298 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Cash
    effect</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(341)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(112)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(472)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(925)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Payment
    of contributions</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(341)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(112)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(472)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(925)</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #006298 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Other
    changes</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">4</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">4</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #008542"><B>Balance
    on March 31, 2023</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>21,137</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>7,297</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>888</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>30,926</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>60,248</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="6" STYLE="font: 6.5pt Times New Roman; padding-right: 1.4pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">(*)
    It includes the balance of PPSP-R pre-70 and PPSP-NR pre-70.</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="6" STYLE="padding-right: 1.4pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 6.5pt; color: #675C53">(**)
    Refers to the complement of 2022 year. </FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; color: red"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 3pt Calibri, Helvetica, Sans-Serif; margin: 0; color: #548DD4"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="6" STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Consolidated</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="border-bottom: #006298 1pt solid; padding-right: 7.1pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Pension
    Plans</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 1.4pt; padding-left: 2.85pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Health
    Care Plan</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 1.4pt; padding-left: 2.85pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Other
    plans</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 1.4pt; padding-left: 2.85pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 46%; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>PPSP-R
    (*)</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>PPSP-NR
    (*)</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>PP2</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>AMS
    - Sa&uacute;de Petrobras</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Total</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #006298 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Balance
    on December 31, 2021</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>22,599</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>6,523</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>918</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>25,029</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>61</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>55,130</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #006298 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Recognized
    in income &ndash; cost and expenses</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>591</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>187</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>42</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>785</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>&#8722;</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>1,605</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Current
    service cost</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">12</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">2</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">17</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">135</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">166</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 1.4pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Interest
    cost, net</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">579</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">185</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">25</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">650</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">1,439</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #006298 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>Cash
    effects</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>(5,499)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>(1,756)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>&#8722;</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>(422)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>&#8722;</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>(7,677)</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Payment
    of contributions</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(284)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(89)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(422)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(795)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 1.4pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Term
    of Financial Commitment (TCF)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(5,215)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(1,667)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(6,882)</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #006298 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Other
    changes</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>&#8722;</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>&#8722;</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>&#8722;</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>&#8722;</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>(52)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>(52)</B></FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="vertical-align: top; border-bottom: #008542 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #008542"><B>Balance
    on March 31, 2022</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>17,691</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>4,954</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>960</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>25,392</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>9</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>49,006</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="7" STYLE="padding-right: 1.4pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">(*) It
    includes the balance of PPSP-R pre-70 and PPSP-NR pre-70.</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="7" STYLE="padding-right: 1.4pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
net expense with pension and health plans is presented below:</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="border-bottom: #006298 1pt solid; padding-right: 7.1pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Pension
    plans</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 1.4pt; padding-left: 2.85pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Health
    Care Plan </B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 1.4pt; padding-left: 2.85pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 1.4pt; padding-left: 2.85pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 53%; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>PPSP-R
    (*)</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>PPSP-NR
    (*)</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>PP2</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt"><P STYLE="font: 7pt Times New Roman,sans-serif; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>AMS
    - Sa&uacute;de</B></FONT></P>
    <P STYLE="font: 7pt Times New Roman,sans-serif; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Petrobras</B></FONT></P></TD>
    <TD STYLE="width: 2%; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Total</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Related
    to active employees (cost and expenses)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(59)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(11)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(18)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(376)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(464)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 1.4pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Related
    to retired employees (other income and expenses)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(552)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(200)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(20)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(688)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(1,460)</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="vertical-align: top; border-bottom: #008542 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #008542"><B>Expense
    in the statement of income - Jan-Mar/2023</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>(611)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>(211)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>(38)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>(1,064)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>(1,924)</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Related
    to active employees (cost and expenses)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(45)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(7)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(24)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(287)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(363)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 1.4pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Related
    to retired employees (other income and expenses)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(546)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(180)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(18)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(498)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(1,242)</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="vertical-align: top; border-bottom: #008542 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #008542"><B>Expense
    in the statement of income - Jan-Mar/2022</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>(591)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>(187)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>(42)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>(785)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>(1,605)</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="7" STYLE="padding-right: 1.4pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(*)
    It includes amounts of PPSP-R pre-70 and PPSP-NR pre-70</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; color: red"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 3pt Calibri, Helvetica, Sans-Serif; margin: 0; color: #548DD4"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></P>

<P STYLE="color: #008542; font: bold 11pt Times New Roman; margin: 12pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">13.3.2.
Contributions</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">From
January to March 2023, the company contributed a total of R$925 to defined benefit plans, which reduced the balance of obligations, as
per the table in note 13.3.1. Additionally, it contributed R$283 (R$242 for the period from January to March 2022) to the defined contribution
portion of the PP2 plan and R$2 of the PP3 plan (R$2 for the period from January to March 2022), which were recognized in costing and
in statement of income for the year.</FONT></P>

<P STYLE="font: 10pt Times New Roman,sans-serif; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
contribution to the defined benefit portion of the PP-2, which had been suspended in July 2012, was restored in April 2023, pursuant
to a decision by the Petros Foundation's Deliberative Council. Thus, a portion of the monthly contribution will be destined to risk coverage
(payment of sickness allowance, reclusion allowance, lump sum death benefit and minimum guarantees) to reduce the balance of the actuarial
liability.</FONT></P>


<!-- Field: Page; Sequence: 32 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->31<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 9pt Times New Roman; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="border-bottom: Black 1pt solid; width: 100%"><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE FINANCIAL STATEMENTS</B></P><P STYLE="color: #008542; font: 9pt Times New Roman; margin: 0">PETROBRAS</P><DIV STYLE="padding: 0in 0in 1pt"> <P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">This interim financial information should be read together with the Company&rsquo;s audited annual financial statements</P><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">(Expressed in millions of reais, unless otherwise indicated)</P></DIV><P STYLE="font: italic 9pt Times New Roman; margin: 0"></P></TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="color: #008542; font: bold 12pt Times New Roman; margin-top: 12pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 13pt"><A NAME="a_030"></A>14.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Provisions
                                            for legal proceedings, judicial deposits and contingent liabilities</FONT></TD></TR></TABLE>

<P STYLE="color: #008542; font: bold 11pt Times New Roman; margin: 12pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">14.1
<FONT STYLE="font-size: 12pt">Provisions for legal proceedings</FONT></FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
company sets up provisions in judicial, administrative and arbitration proceedings in an amount sufficient to cover losses considered
probable and for which a reliable estimate can be made. The main actions refer to:</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Labor
                                            lawsuits, highlighting: (i) various labor claims; (ii) individual actions to review the methodology
                                            for calculating the Minimum Remuneration by Level and Regime (RMNR); and (iii) third-party
                                            claims.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Tax
                                            claims including: (i) tax notices for alleged non-compliance with ancillary obligations;
                                            (ii) claims relating to benefits previously taken for Brazilian federal tax credits applied
                                            that were subsequently alleged to be disallowable; and (iii) claims for alleged non-payment
                                            of CIDE on imports of propane and butane.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Civil
                                            claims, in particular: (i) lawsuits related to contracts; (ii) penalties applied by ANP,
                                            mainly relating to production measurement systems; and (iii) litigation involving corporate
                                            conflicts.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Environmental
                                            claims, specially: (i) fines relating to an environmental accident in the State of Paran&aacute;
                                            in 2000; (ii) fines relating to the Company&rsquo;s offshore operation; and (iii) public
                                            civil action for oil spill in 2004 in Serra do Mar-S&atilde;o Paulo State Park.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Provisions
for legal proceedings are set out as follows:</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: bold 6.5pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Consolidated</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 82%; padding-right: 7.1pt; font: bold 6.5pt Times New Roman"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Non-current
    liabilities</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">03.31.2023</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">12.31.2022</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Labor
    claims</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">3,885</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">3,844</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Tax
    claims</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">2,568</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">2,433</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Civil
    claims</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">8,525</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">7,847</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Environmental
    claims</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1,494</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1,579</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #008542"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>16,472</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>15,703</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 7.1pt"><P STYLE="font: bold 6.5pt Times New Roman; margin: 0; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>
    <P STYLE="font: bold 6.5pt Times New Roman; margin: 0; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P></TD>
    <TD COLSPAN="2" STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Consolidated</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="font: bold 6.5pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 1.4pt"><P STYLE="font: bold 7pt Times New Roman; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">2023</FONT></P>
    <P STYLE="font: bold 7pt Times New Roman; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">Jan-Mar</FONT></P></TD>
    <TD STYLE="padding-right: 1.4pt"><P STYLE="font: bold 7pt Times New Roman; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">2022</FONT></P>
    <P STYLE="font: bold 7pt Times New Roman; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">Jan-Mar</FONT></P></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Opening
    Balance</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">15,703</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">11,263</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Additions,
    net of reversals</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">945</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1,070</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Use
    of provision</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(528)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(421)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Accruals
    and charges </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">359</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">253</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Others</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(7)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(58)</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #008542"><B>Closing
    balance</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>16,472</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>12,107</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3" STYLE="font: 6.5pt Times New Roman; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">In
the preparation of the interim financial information for the period ended on March 31, 2023, the Company considered all available information
concerning legal proceedings in which the Company is a defendant, in order to estimate the amounts of obligations and probability that
outflows of resources will be required.</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">In
the period from January to March 2023, the increase in liabilities is mainly due to changes in the following cases: (i) R$556 in the
provision for civil litigation involving contractual issues; (ii) R$78 in the provision related to labor claims; (iii) R$73 in the provision
for litigation related to the state monopoly of piped gas services, offset by (iv) a reduction of R$104 due to the agreement involving
environmental processes of administrative responsibility.</FONT></P>


<!-- Field: Page; Sequence: 33 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->32<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 9pt Times New Roman; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="border-bottom: Black 1pt solid; width: 100%"><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE FINANCIAL STATEMENTS</B></P><P STYLE="color: #008542; font: 9pt Times New Roman; margin: 0">PETROBRAS</P><DIV STYLE="padding: 0in 0in 1pt"> <P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">This interim financial information should be read together with the Company&rsquo;s audited annual financial statements</P><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">(Expressed in millions of reais, unless otherwise indicated)</P></DIV><P STYLE="font: italic 9pt Times New Roman; margin: 0"></P></TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="color: #008542; font: bold 11pt Times New Roman; margin: 12pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">14.2
Judicial deposits</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Judicial
deposits made in connection with legal proceedings are set out in the table below according to the nature of the corresponding lawsuits:</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: bold 6.5pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Consolidated</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 82%; padding-right: 7.1pt; font: bold 6.5pt Times New Roman"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Non-current
    assets</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">03.31.2023</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">12.31.2022</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Tax
    </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">43,169</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">41,095</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Labor</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">4,763</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">4,735</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Civil</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">12,242</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">10,899</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Environmental</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">559</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">569</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Others</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">362</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">373</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #008542"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>61,095</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>57,671</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3" STYLE="font: 4pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  </TABLE>
<P STYLE="color: red; font: bold 3pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="color: #548DD4; font: bold 3pt Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: bold 6.5pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Consolidated</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 82%; padding-right: 7.1pt; font: bold 6.5pt Times New Roman"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt"><P STYLE="font: bold 7pt Times New Roman; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">2023</FONT></P>
    <P STYLE="font: bold 7pt Times New Roman; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">Jan-Mar</FONT></P></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt"><P STYLE="font: bold 7pt Times New Roman; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">2022</FONT></P>
    <P STYLE="font: bold 7pt Times New Roman; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">Jan-Mar</FONT></P></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Opening
    Balance</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">57,671</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">44,858</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Additions</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">2,087</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">2,117</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Use</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(99)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(119)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Accruals
    and charges</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1,446</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">833</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Others</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(10)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(87)</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #008542"><B>Closing
    balance</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>61,095</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>47,602</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">From
January to March 2023, the company made judicial deposits in the amount of R$2,087, with emphasis on: (i) R$554 referring to production
taxes amounts related to the unification of fields (Cernambi, Tupi, Tartaruga Verde and Tartaruga Mesti&ccedil;a); (ii) R$502 referring
to the incidence of CIDE, PIS and COFINS related to the chartering of platforms; (iii) R$457 related to the recalculation of production
taxes on the production of the Albacora field; and (iv) R$323 referring to Corporate Income Tax and Social Contribution Tax for not adding
the income of subsidiaries and affiliates domiciled abroad to the parent company's Corporate Income Tax and Social Contribution Tax calculation
basis.</FONT></P>

<P STYLE="color: #008542; font: bold 11pt Times New Roman; margin: 12pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">14.3
Contingent liabilities</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">As
of March 31, 2023, the contingent liabilities plus interest and monetary restatement, estimated for legal proceedings, whose probability
of loss is considered possible, are presented in the following table:</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: bold 6.5pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Consolidated
    </FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 82%; padding-right: 7.1pt; font: bold 6.5pt Times New Roman"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Nature</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">03.31.2023</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">12.31.2022</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Tax
    </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">169,037</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">167,457</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Labor</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">44,362</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">43,163</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Civil</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">39,855</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">39,381</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Environmental</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">7,036</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">6,561</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #008542"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>260,290</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>256,562</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3" STYLE="font: 4pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  </TABLE>
<P STYLE="color: red; font: bold 3pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="color: #548DD4; font: bold 3pt Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
main contingent liabilities are:</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 3.3pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Tax
                                            matters comprising: i) withholding income tax (IRRF), Contribution of Intervention in the
                                            Economic Domain (CIDE), Social Integration Program (PIS) and Contribution to Social Security
                                            Financing (COFINS) on remittances for payments of vessel charters; (ii) income from foreign
                                            subsidiaries and associates located outside Brazil not included in the computation of taxable
                                            income (IRPJ and CSLL); (iii) collection of customs taxes and fines related to imports under
                                            the Repetro regime in the Frade consortium; (iv) collection of PIS and COFINS, resulting
                                            from the payment of taxes negotiated with the Brazilian Federal Government, excluding the
                                            payment of fines; (v) collection of VAT tax (ICMS) involving several states; and (vi) deduction
                                            from the PIS and COFINS tax base, including ship-or-pay agreements and chartering of aircraft
                                            and vessels.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 3.3pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Labor
                                            matters comprising mainly actions requiring a review of the methodology by which the minimum
                                            compensation based on an employee's position and work schedule (<I>Remunera&ccedil;&atilde;o
                                            M&iacute;nima por N&iacute;vel e Regime</I> - RMNR) is calculated.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 3.3pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Civil
                                            matters comprising mainly: (i) <FONT STYLE="color: #222222">lawsuits related to contracts
                                            </FONT>; (ii) administrative and legal proceedings challenging an ANP order requiring Petrobras
                                            to pay additional special participation fees and royalties (production taxes) with respect
                                            to several fields; <FONT STYLE="color: #222222">and (iii) regulation agencies fines.</FONT></FONT></TD></TR></TABLE>


<!-- Field: Page; Sequence: 34 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->33<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 9pt Times New Roman; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="border-bottom: Black 1pt solid; width: 100%"><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE FINANCIAL STATEMENTS</B></P><P STYLE="color: #008542; font: 9pt Times New Roman; margin: 0">PETROBRAS</P><DIV STYLE="padding: 0in 0in 1pt"> <P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">This interim financial information should be read together with the Company&rsquo;s audited annual financial statements</P><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">(Expressed in millions of reais, unless otherwise indicated)</P></DIV><P STYLE="font: italic 9pt Times New Roman; margin: 0"></P></TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 3.3pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Environmental
                                            matters comprising indemnities for damages and fines related to the Company operation.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman,sans-serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">In
the period from January to March 2023, the increase in contingent liabilities is mainly due to: (i) R$ 1,417 referring to the Corporate
Income Tax (CIT), tax on income, of Petrobras subsidiaries in the Netherlands for the year 2018 by valuation of platforms and equipment
nationalized under Repetro; (ii) R$1,187 referring to the incidence of PIS/COFINS on tax amnesties; (iii) R$1,162 related to class actions
that require a review of the methodology for calculating the Minimum Remuneration by Level and Regime (RMNR); (iv) R$831 referring to
administrative and judicial proceedings that discuss the difference in special participation and royalties in different fields, including
the unification of fields; (v) R$706 referring to lawsuits involving reversal of ICMS VAT Tax credits; (vi) R$355 referring to fines
from regulatory agencies; (vii) R$357 referring to the incidence of CIDE and PIS/COFINS related to the chartering of platforms; and (viii)
R$356 referring to the levy of ICMS VAT Tax on added value. These effects were partially offset mainly by (ix) R$3,308 for the transfer
to remote loss due to a favorable decision referring to ICMS VAT Tax disputes involving the tax classification of goods.</FONT></P>

<P STYLE="color: #008542; font: bold 11pt Times New Roman; margin: 12pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">14.4
RMNR - Minimum Remuneration by Level and Work Regime</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">There
are several lawsuits related to the Minimum Remuneration by Level and Work Regime (RMNR), with the objective of revising its calculation
criteria.</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
RMNR consists of a guaranteed minimum remuneration for employees, based on salary level, working conditions and geographic location.
This compensation policy was created and implemented by Petrobras in 2007 through collective bargaining with union representatives, and
approved at employee meetings, being questioned only three years after its implementation.</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">In
2018, the Superior Labor Court (TST) ruled against the Company, which filed extraordinary appeals against its decision. However, the
Federal Supreme Court (STF) suspended the effects of the decision rendered by the TST and determined the national suspension of the ongoing
processes related to the RMNR.</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">On
July 29, 2021, a monocratic decision was published in which the Reporting Justice granted the Extraordinary Appeal filed in one of the
proceedings to reestablish the judgment that dismissed the copyright requests, accepting the Company's thesis and recognizing the validity
of the collective bargaining agreement freely signed between Petrobras and the labor unions, reversing the decision of the TST.</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">In
February 2022, the judgment of the grievances filed by the plaintiff and several amici curiae began. The judgment is currently underway
in the First Panel of the Federal Supreme Court, with 3 votes in favor of the company, confirming that the prevailing understanding is
in the sense of recognizing the validity of the collective bargaining agreement freely signed between Petrobras and the unions. Considering
that the last minister to speak up requested a view, the trial was suspended pending the presentation of the vote by Minister Vistor.</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">As
of March 31, 2023, there are several lawsuits related to the Minimum Remuneration by Level and Work Regime (RMNR) reflected in the company's
interim financial information, R$859 of which classified as probable loss, recognized in liabilities as a provision for lawsuits and
administrative expenses, and R$36,694 classified as possible loss.</FONT></P>

<P STYLE="color: #008542; font: bold 11pt Times New Roman; margin: 12pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">14.5
Class action and related proceedings</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">On
January 23, 2017, Stichting Petrobras Compensation Foundation (&quot;Foundation&quot;) filed a class action in the Netherlands, at the
District Court of Rotterdam, against Petr&oacute;leo Brasileiro S.A. &ndash; Petrobras, Petrobras International Braspetro B.V. (PIB BV),
Petrobras Global Finance B.V. (PGF), Petrobras Oil &amp; Gas B.V. (PO&amp;G) and some former Petrobras managers. The Foundation alleges
that it represents the interests of an unidentified group of investors and claims that, based on the facts revealed by Lava-Jato Operation,
the defendants acted illegally before investors. On 26 May 2021, the District Court of Rotterdam decided that the class action must proceed
and that the arbitration clause of Petrobras' bylaws does not prevent the Company's shareholders from having access to the Dutch Judiciary
and being represented by the Stichting Petrobras Compensation Foundation (&ldquo;Foundation&rdquo;). However, investors who have already
started arbitration against Petrobras or who are parties to legal proceedings in which the applicability of the arbitration clause has
been definitively recognized are excluded from the action. The class action is in the merit discussion stage and a decision is expected
for July 26, 2023, but it may be brought forward or postponed by the Court.</FONT></P>


<!-- Field: Page; Sequence: 35 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->34<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 9pt Times New Roman; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="border-bottom: Black 1pt solid; width: 100%"><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE FINANCIAL STATEMENTS</B></P><P STYLE="color: #008542; font: 9pt Times New Roman; margin: 0">PETROBRAS</P><DIV STYLE="padding: 0in 0in 1pt"> <P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">This interim financial information should be read together with the Company&rsquo;s audited annual financial statements</P><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">(Expressed in millions of reais, unless otherwise indicated)</P></DIV><P STYLE="font: italic 9pt Times New Roman; margin: 0"></P></TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman,sans-serif; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">In
the arbitration in Argentina, in which Petrobras is being held responsible for an alleged loss of market value of Petrobras shares in
the country, due to the developments of Lava Jato Operation, the appeal filed by the <I>Consumidores Damnificados Asociaci&oacute;n Civil
para su Defensa</I> (&ldquo; Association&rdquo;) was denied, but the Association filed a new appeal, which has not yet been judged by
the Argentine Supreme Court.</FONT></P>

<P STYLE="font: 10pt Times New Roman,sans-serif; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">In
parallel to such arbitration, the Association also filed a class action before the Civil and Commercial Court of Buenos Aires, Argentina,
with Petrobras appearing spontaneously on April 10, 2023, in the context of which it alleges Petrobras' responsibility for an alleged
loss of market value of Petrobras' securities in Argentina, as a result of allegations made within the scope of the Lava Jato Operation
and its impact on the Company's financial statements prior to 2015. Such demand does not generate immediate financial and economic impacts
for the company. Petrobras denies the allegations made by the Association and will vigorously defend itself against the accusations made
by the author of the collective action.</FONT></P>

<P STYLE="font: 10pt Times New Roman,sans-serif; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Regarding
the criminal action in Argentina related to an alleged fraudulent offer of securities, aggravated by the fact that Petrobras allegedly
declared false data in its financial statements prior to 2015, the Court of Appeals revoked, on October 21, 2021, the decision of first
instance that had recognized Petrobras' immunity from jurisdiction and recommended that the lower court take steps to certify whether
the company could be considered criminally immune in Argentina for a subsequent reassessment of the matter. Petrobras appealed against
this decision, but the higher courts upheld the decision of the Court of Appeals, so the immunity will have to be reviewed by the lower
court. The Court of Appeals recognized that the Association could not act as a representative of financial consumers, due to the loss
of its registration with the competent Argentine bodies, which was also the object of an appeal accepted by the Court of Cassation on
September 15, 2022, recognizing the Association the right to represent financial consumers. Petrobras presented other procedural defenses,
still subject to appreciation by the appellate courts of the Argentine Justice. This criminal action is pending before the Criminal Economic
Court No. 2 of the city of Buenos Aires.</FONT></P>

<P STYLE="font: 10pt Times New Roman,sans-serif; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">In
relation to the other criminal action, for alleged non-compliance with the obligation to publish as a &ldquo;relevant fact&rdquo; in
the Argentine market that there was a class action filed by <I>Consumidores Damnificados Asociaci&oacute;n Civil para su Defensa</I>
before the Commercial Court, no relevant events occurred in the period from January to March 2023.</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
EIG Energy Fund XIV, L.P. and affiliates (&ldquo;EIG&rdquo;) filed a lawsuit against Petrobras, before the District Court of Columbia,
United States, to recover alleged losses related to its investment in Sete Brasil Participa&ccedil;&otilde;es S.A. On August 8, 2022,
the judge upheld EIG's claim as to Petrobras' responsibility for the alleged losses, but denied the motion for summary judgment with
respect to damages, whereby the award of compensation will be subject to the proof of damages by EIG at a hearing and to the consideration
of the defenses by the Company. In the same decision, whose effects were recognized in the company's financial statements in the third
quarter of 2022, the judge denied the request to dismiss the case based on Petrobras' immunity from jurisdiction, which is why an appeal
was filed with the Federal Court of Appeals for the District of Columbia. Considering the filing of the appeal, Petrobras requested the
suspension of the process, which was granted by the lower court judge on October 26, 2022</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">On
August 26, 2022, the District Court of Amsterdam granted a precautionary measure to block certain Petrobras assets in the Netherlands,
at the request of EIG. The concession was based on the decision of the District Court of Columbia, on August 8, 2022, and was intended
to ensure the satisfaction of EIG's claims contained in the aforementioned US lawsuit. For the purpose of this injunction alone, the
District Court of Amsterdam limited EIG's claims to a total of US$ 297.2 million, although the US Court ruled that any award of damages
would depend on evidence of damages by EIG at a trial hearing. There are some discussions about the scope of the assets blocked by EIG,
but there is no related lawsuit pending in the Netherlands. This precautionary block does not prevent Petrobras and its subsidiaries
from complying with their obligations to third parties.</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt"><B>14.6</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt"><B>Arbitrations
                                            proposed by non-controlling Shareholders in Brazil </B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman,sans-serif; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">In
the three-month period ended March 31, 2023, there were no events that changed the assessment and information on arbitrations in Brazil.
For more information, see explanatory note 18.5 to the financial statements for the year ended December 31, 2022.</FONT></P>


<!-- Field: Page; Sequence: 36 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->35<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 9pt Times New Roman; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="border-bottom: Black 1pt solid; width: 100%"><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE FINANCIAL STATEMENTS</B></P><P STYLE="color: #008542; font: 9pt Times New Roman; margin: 0">PETROBRAS</P><DIV STYLE="padding: 0in 0in 1pt"> <P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">This interim financial information should be read together with the Company&rsquo;s audited annual financial statements</P><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">(Expressed in millions of reais, unless otherwise indicated)</P></DIV><P STYLE="font: italic 9pt Times New Roman; margin: 0"></P></TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt"><B>14.7</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt"><B>Legal
                                            proceedings - Compulsory Loan &ndash; Eletrobr&aacute;s</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman,sans-serif; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">In
the three-month period ended March 31, 2023, there were no events that changed the assessment on this proceeding. For more information,
see explanatory note 18.6 to the financial statements for the year ended December 31, 2022.</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt"><B>14.8</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt"><B>Lawsuits
                                            brought by natural gas distributors and others</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman,sans-serif; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">In
the three-month period ended March 31, 2023, there were no events that changed the assessment and information on lawsuits and arbitrations.
For more information, see explanatory note 18.7 to the financial statements for the year ended December 31, 2022.</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="color: #008542; font: bold 12pt Times New Roman; margin-top: 12pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 23.25pt"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A NAME="a_031"></A>15</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Provision
                                            for decommissioning costs</FONT></TD></TR></TABLE>
<P STYLE="font: bold 12pt Times New Roman; color: #008542; margin: 12pt 0 12pt 23.25pt; text-align: justify; text-indent: -23.25pt"></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
following table details the amount of the decommissioning provision by production area:</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: bold 6.5pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Consolidated</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 82%; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>03.31.2023</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>12.31.2022</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Onshore</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">2,185</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">2,182</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Shallow
    Waters</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">23,161</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">22,951</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Deep
    and ultra-deep post-salt</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">51,597</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">52,114</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Pre-salt</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">20,011</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">19,801</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #008542"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>96,954</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>97,048</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: bold 6.5pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Consolidated</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="font: bold 6.5pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 1.4pt"><P STYLE="font: bold 7pt Times New Roman; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">2023</FONT></P>
    <P STYLE="font: bold 7pt Times New Roman; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">Jan-Mar</FONT></P></TD>
    <TD STYLE="padding-right: 1.4pt"><P STYLE="font: bold 7pt Times New Roman; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">2022</FONT></P>
    <P STYLE="font: bold 7pt Times New Roman; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">Jan-Mar</FONT></P></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Opening
    balance</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">97,048</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">87,160</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Adjustment
    to provision</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">34</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">179</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Transfers
    related to liabilities held for sale (*)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(3,125)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Payments
    made</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(1,164)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(1,041)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Interest
    accrued</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1,050</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">635</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Others</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(14)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(71)</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #008542"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>96,954</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>83,737</B></FONT></TD></TR>
  </TABLE>
<P STYLE="color: red; font: bold 3pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="color: #548DD4; font: bold 3pt Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 7pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">(*)
In the period from January to March 2022, refers to transfers of R$ 165 related to the North Pole Capixaba, in Esp&iacute;rito Santo,
and R$ 2,960 related to the Potiguar Pole, in Rio Grande do Norte.</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="color: #008542; font: bold 12pt Times New Roman; margin-top: 12pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 23.25pt"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A NAME="a_032"></A>16</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Other
                                            assets and liabilities</FONT></TD></TR></TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #006298"><B>Assets</B></FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Consolidated</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 82%; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>03.31.2023</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>12.31.2022</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Escrow
    account and/ or collateral</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">6,667</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">5,673</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Advances
    to suppliers</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">9,698</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">8,147</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Prepaid
    expenses</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">1,964</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">1,892</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Derivatives
    transactions </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">314</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">281</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Assets
    related to E&amp;P partnerships</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">921</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">368</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Others</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">1,070</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">1,016</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>20,634</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>17,377</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Current</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">10,353</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">9,271</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Non-Current</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">10,281</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">8,106</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #006298"><B>Liabilities</B></FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Consolidated</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>03.31.2023</B></FONT></TD>
    <TD STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>12.31.2022</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Obligations
    arising from divestments</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">6,782</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">7,068</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Contractual
    retentions</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">3,163</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">3,134</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Advances
    from customers</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">3,147</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">4,726</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Provisions
    for environmental expenses, R&amp;D and fines</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">4,018</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">3,519</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Other
    taxes</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">1,728</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">1,531</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Unclaimed
    dividends</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">1,346</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">1,258</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Derivatives
    transactions </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">502</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">767</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Others
    </FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">3,710</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">3,947</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>24,396</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>25,950</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Current</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">13,905</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">15,660</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Non-Current</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">10,491</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">10,290</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 7pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 37 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->36<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 9pt Times New Roman; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="border-bottom: Black 1pt solid; width: 100%"><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE FINANCIAL STATEMENTS</B></P><P STYLE="color: #008542; font: 9pt Times New Roman; margin: 0">PETROBRAS</P><DIV STYLE="padding: 0in 0in 1pt"> <P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">This interim financial information should be read together with the Company&rsquo;s audited annual financial statements</P><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">(Expressed in millions of reais, unless otherwise indicated)</P></DIV><P STYLE="font: italic 9pt Times New Roman; margin: 0"></P></TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="color: #008542; font: bold 12pt Times New Roman; margin-top: 12pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 23.25pt"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A NAME="a_033"></A>17</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Property,
                                            plant and equipment</FONT></TD></TR></TABLE>

<P STYLE="color: #008542; font: bold 11pt Times New Roman; margin: 12pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">17.1By
class of assets</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: bold 6.5pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="6" STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Consolidated</FONT></TD>
    <TD STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Parent
    Company</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 37%; padding-right: 7.1pt; font: bold 6.5pt Times New Roman"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt"><P STYLE="font: bold 7pt Times New Roman; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">Land,
    buildings</FONT></P>
    <P STYLE="font: bold 7pt Times New Roman; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">and</FONT></P>
    <P STYLE="font: bold 7pt Times New Roman; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">improvement</FONT></P></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Equipment
    and other assets (*)</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt"><P STYLE="font: bold 7pt Times New Roman; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">Assets
    under</FONT></P>
    <P STYLE="font: bold 7pt Times New Roman; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">construction
    (**)</FONT></P></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Exploration
    and development costs (oil and gas producing properties) (***)</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Right-of-use
    assets</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Total</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Total</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="vertical-align: top; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #008542"><B>Balance
    at December 31, 2022</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>13,241</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>287,740</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>77,424</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>200,537</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>100,240</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>679,182</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>699,786</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Accumulated
    cost</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">22,659</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">550,097</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">124,904</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">352,617</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">154,805</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1,205,082</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1,158,091</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Accumulated
    depreciation and impairment &nbsp;(****)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(9,418)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(262,357)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(47,480)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(152,080)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(54,565)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(525,900)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(458,305)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Additions</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">573</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">10,758</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">4,915</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">16,246</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">16,132</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Additions
    to / review of estimates of decommissioning costs</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">31</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">31</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Capitalized
    borrowing costs</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1,395</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1,395</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1,395</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Write-offs&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(1)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(285)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(24)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(198)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(784)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(1,292)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(1,349)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Transfers
    (*****)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">206</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1,074</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(630)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">535</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(42)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1,143</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1,136</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Transfers
    to assets held for sale</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(3)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(103)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(45)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(35)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(186)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(186)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Depreciation,
    amortization and depletion </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(111)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(5,916)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(5,666)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(6,157)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(17,850)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(18,721)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Impairment
    recognition </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(77)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(25)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(102)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Impairment
    reversal </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">86</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">86</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">70</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Cumulative&nbsp;&nbsp;translation
    adjustment</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(10)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(5)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(23)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">6</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(32)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="vertical-align: top; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #008542"><B>Balance
    at March 31, 2023</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>13,332</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>283,082</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>88,848</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>195,181</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>98,178</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>678,621</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>698,263</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Accumulated
    cost</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">22,743</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">550,459</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">133,588</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">351,744</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">157,333</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1,215,867</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1,169,205</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Accumulated
    depreciation and impairment &nbsp;(****)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(9,411)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(267,377)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(44,740)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(156,563)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(59,155)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(537,246)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(470,942)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="8" STYLE="font: 4pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  </TABLE>
<P STYLE="color: red; font: bold 3pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="color: #548DD4; font: bold 3pt Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: bold 6.5pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="6" STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Consolidated</FONT></TD>
    <TD STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Parent
    Company</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 37%; padding-right: 7.1pt; font: bold 6.5pt Times New Roman"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt"><P STYLE="font: bold 7pt Times New Roman; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">Land,
    buildings</FONT></P>
    <P STYLE="font: bold 7pt Times New Roman; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">and</FONT></P>
    <P STYLE="font: bold 7pt Times New Roman; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">improvement</FONT></P></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Equipment
    and other assets (*)</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt"><P STYLE="font: bold 7pt Times New Roman; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">Assets
    under</FONT></P>
    <P STYLE="font: bold 7pt Times New Roman; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">construction
    (**)</FONT></P></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Exploration
    and development costs (oil and gas producing properties) (***)</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Right-of-use
    assets</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Total</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Total</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="vertical-align: top; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #008542"><B>Balance
    at December 31, 2021</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>13,302</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>296,471</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>94,430</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>200,046</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>95,157</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>699,406</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>717,355</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Accumulated
    cost</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">22,770</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">547,365</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">144,831</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">345,470</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">147,222</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1,207,658</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1,154,481</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Accumulated
    depreciation and impairment &nbsp;(****)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(9,468)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(250,894)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(50,401)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(145,424)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(52,065)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(508,252)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(437,126)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Additions</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">991</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">8,043</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">5</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">5,142</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">14,181</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">13,888</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Additions
    to / review of estimates of decommissioning costs</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">54</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">54</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Capitalized
    borrowing costs</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1,236</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1,236</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1,221</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Write-offs&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(1)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(142)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(344)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(20)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(176)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(683)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(349)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Transfers
    (*****)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">282</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">5,502</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(11,804)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">6,161</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(6)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">135</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">117</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Transfers
    to assets held for sale</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(50)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(3,001)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(910)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(3,439)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">2</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(7,398)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(7,400)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Depreciation,
    amortization and depletion </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(111)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(6,093)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(6,640)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(5,713)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(18,557)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(19,342)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Impairment
    reversal</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">4</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">4</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">4</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Cumulative&nbsp;&nbsp;translation
    adjustment</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(4)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(47)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(1,077)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(195)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(4)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(1,327)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="vertical-align: top; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #008542"><B>Balance
    at March 31, 2022</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>13,418</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>293,685</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>89,574</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>195,972</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>94,402</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>687,051</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>705,494</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Accumulated
    cost</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">22,651</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">544,277</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">138,040</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">340,629</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">146,902</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1,192,499</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1,141,885</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Accumulated
    depreciation and impairment &nbsp;(****)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(9,233)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(250,592)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(48,466)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(144,657)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(52,500)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(505,448)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(436,391)</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 7pt Times New Roman; margin: 0; text-align: justify; color: #675C53"><FONT STYLE="font-family: Times New Roman, Times, Serif">(*)
Comprised of production platforms, refineries, thermoelectric plants, gas treatment units, pipelines and other operating, storage and
production facilities, including subsea equipment for the production and flow of oil and gas depreciated using the units of production
method.</FONT></P>

<P STYLE="font: 7pt Times New Roman; margin: 0; text-align: justify; color: #675C53"><FONT STYLE="font-family: Times New Roman, Times, Serif">(**)
The balances by business segment are presented in Note 8.</FONT></P>

<P STYLE="font: 7pt Times New Roman; margin: 0; text-align: justify; color: #675C53"><FONT STYLE="font-family: Times New Roman, Times, Serif">(***)
Comprises exploration and production assets related to wells, abandonment of areas, signature bonuses associated with proved reserves
and other expenses directly linked to exploration and production, except production platforms (oil and gas producing fields).</FONT></P>

<P STYLE="font: 7pt Times New Roman; margin: 0; text-align: justify; color: #675C53"><FONT STYLE="font-family: Times New Roman, Times, Serif">(****)
In the case of land and assets under construction, it refers only to impairment losses.</FONT></P>

<P STYLE="font: 7pt Times New Roman; margin: 0; text-align: justify; color: #675C53"><FONT STYLE="font-family: Times New Roman, Times, Serif">(*****)
Mainly includes transfers between types of assets and transfers of advances to suppliers.</FONT></P>

<P STYLE="color: #008542; font: bold 11pt Times New Roman; margin: 6pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">17.2Estimated
useful life</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
useful life of assets depreciated are shown below:</FONT></P>


<!-- Field: Page; Sequence: 38 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->37<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 9pt Times New Roman; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="border-bottom: Black 1pt solid; width: 100%"><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE FINANCIAL STATEMENTS</B></P><P STYLE="color: #008542; font: 9pt Times New Roman; margin: 0">PETROBRAS</P><DIV STYLE="padding: 0in 0in 1pt"> <P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">This interim financial information should be read together with the Company&rsquo;s audited annual financial statements</P><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">(Expressed in millions of reais, unless otherwise indicated)</P></DIV><P STYLE="font: italic 9pt Times New Roman; margin: 0"></P></TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 35%; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #006298"><B>Asset</B></FONT></TD>
    <TD STYLE="width: 65%; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #006298"><B>Weighted
    average useful life in years</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Buildings
    and improvement</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">40&nbsp;&nbsp;(between
    25 and 50)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Equipment
    and other assets</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">20
    (3 to 31) (except assets by the units of production method)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Exploration
    and development costs</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Units
    of production method</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Right-of-use</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 0.5in; text-align: right; font-size: 12pt; text-indent: -0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">8</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
    </FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(between 2 and 47)</FONT></TD></TR>
  </TABLE>
<P STYLE="color: #008542; font: bold 11pt Times New Roman; margin: 6pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">17.3Right-of-use
assets</FONT></P>

<P STYLE="font: 10pt Times New Roman,sans-serif; margin: 0 0 6pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
right-of-use assets comprise the following underlying assets:</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: bold 6.5pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="5" STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Consolidated</FONT></TD>
    <TD STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Parent
    Company</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD COLSPAN="2" STYLE="font: bold 6.5pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Platforms</FONT></TD>
    <TD STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Vessels</FONT></TD>
    <TD STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Buildings
    and others</FONT></TD>
    <TD STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Total</FONT></TD>
    <TD STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Total</FONT></TD></TR>
  <TR>
    <TD COLSPAN="2" STYLE="vertical-align: top; font: bold 6.5pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">03.31.2023</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Accumulated
    cost</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">66,247</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">78,949</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">12,137</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">157,333</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">170,317</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Accumulated
    depreciation and impairment</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(19,852)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(36,271)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(3,032)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(59,155)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(62,550)</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD COLSPAN="2" STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #008542"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>46,395</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>42,678</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>9,105</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>98,178</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>107,767</B></FONT></TD></TR>
  <TR>
    <TD COLSPAN="2" STYLE="vertical-align: top; font: bold 6.5pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">12.31.2022</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Accumulated
    cost</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">65,758</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">77,159</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">11,888</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">154,805</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">167,727</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Accumulated
    depreciation and impairment</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(17,704)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(34,092)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(2,769)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(54,565)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(57,517)</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD COLSPAN="2" STYLE="font: 7.5pt Times New Roman; vertical-align: top; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #008542"><B>Total</B></FONT></TD>
    <TD STYLE="font: 7.5pt Times New Roman; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>48,054</B></FONT></TD>
    <TD STYLE="font: 7.5pt Times New Roman; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>43,067</B></FONT></TD>
    <TD STYLE="font: 7.5pt Times New Roman; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>9,119</B></FONT></TD>
    <TD STYLE="font: 7.5pt Times New Roman; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>100,240</B></FONT></TD>
    <TD STYLE="font: 7.5pt Times New Roman; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>110,210</B></FONT></TD></TR>
  <TR>
    <TD STYLE="width: 46%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  </TABLE>
<P STYLE="color: #008542; font: bold 11pt Times New Roman; margin: 6pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">17.4Production
Individualization Agreements</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Petrobras
has Production Individualization Agreements (AIP) signed in Brazil with partner companies in E&amp;P consortia, as well as contracts
resulting from divestment operations and strategic partnerships linked to these consortia. These agreements will result in equalizations
payable or receivable of expenses and production volumes related to the Agulhinha, Albacora Leste, Berbig&atilde;o, Budi&atilde;o Noroeste,
Budi&atilde;o Sudeste, Caratinga, Sururu and Tartaruga fields.</FONT></P>

<P STYLE="font: 10pt Times New Roman,sans-serif; margin: 0 0 6pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
table below presents changes in the reimbursements payable relating to the execution of the AIP submitted to the approval of the ANP:</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: bold 6.5pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Consolidated
    and Parent Company </FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 82%; padding-right: 7.1pt; font: bold 6.5pt Times New Roman"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt"><P STYLE="font: bold 7pt Times New Roman; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">2023</FONT></P>
    <P STYLE="font: bold 7pt Times New Roman; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">Jan-Mar</FONT></P></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt"><P STYLE="font: bold 7pt Times New Roman; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">2022</FONT></P>
    <P STYLE="font: bold 7pt Times New Roman; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">Jan-Mar</FONT></P></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Initial
    balance </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">2,122</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">2,033</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Additions/(write-offs)
    in Property, Plant and Equipment</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(17)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(169)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Other
    operating (income) expenses</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">92</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(138)</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #008542"><B>Final
    balance</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>2,197</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>1,726</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3" STYLE="font: 4pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  </TABLE>
<P STYLE="color: #008542; font: bold 11pt Times New Roman; margin: 12pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">17.5Capitalization
rate used to determine the amount of borrowing costs eligible for capitalization</FONT></P>

<P STYLE="font: 10pt Times New Roman,sans-serif; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
capitalization rate used to determine the amount of borrowing costs eligible for capitalization was the weighted average of the borrowing
costs applicable to the borrowings that were outstanding during the period, other than borrowings made specifically for the purpose of
obtaining a qualifying asset. For the three-month period ended March 31, 2023, the capitalization rate was 6.85% p.a. (6.01% p.a. for
the three-month period ended March 31, 2022).</FONT></P>


<!-- Field: Page; Sequence: 39 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->38<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 9pt Times New Roman; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="border-bottom: Black 1pt solid; width: 100%"><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE FINANCIAL STATEMENTS</B></P><P STYLE="color: #008542; font: 9pt Times New Roman; margin: 0">PETROBRAS</P><DIV STYLE="padding: 0in 0in 1pt"> <P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">This interim financial information should be read together with the Company&rsquo;s audited annual financial statements</P><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">(Expressed in millions of reais, unless otherwise indicated)</P></DIV><P STYLE="font: italic 9pt Times New Roman; margin: 0"></P></TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="color: #008542; font: bold 12pt Times New Roman; margin-top: 12pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 23.25pt"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A NAME="a_034"></A>18</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Intangible
                                            assets</FONT></TD></TR></TABLE>

<P STYLE="color: #008542; font: bold 11pt Times New Roman; margin: 12pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">18.1By
class of assets</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="font: bold 6.5pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="4" STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Consolidated</FONT></TD>
    <TD STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Parent
    Company</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 55%; padding-right: 7.1pt; font: bold 6.5pt Times New Roman"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Rights
    and Concessions (*)</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Software</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Goodwill</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Total</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Total</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #008542"><B>Balance
    at December 31, 2022</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>13,164</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>2,294</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>123</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>15,581</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>15,426</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Accumulated
    Cost</FONT></TD>
    <TD STYLE="font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">13,453</FONT></TD>
    <TD STYLE="font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">8,144</FONT></TD>
    <TD STYLE="font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">123</FONT></TD>
    <TD STYLE="font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">21,720</FONT></TD>
    <TD STYLE="font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">20,864</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Accumulated
    amortization and impairment</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(289)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(5,850)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(6,139)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(5,438)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Addition</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">3</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">197</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">200</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">196</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Capitalized
    borrowing costs</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">13</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">13</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">13</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Write-offs</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(180)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(180)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(180)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Transfers
    </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">5</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">5</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">2</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Amortization</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(4)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(116)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(120)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(113)</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #008542"><B>Balance
    at March 31, 2023</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>12,983</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>2,393</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>123</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>15,499</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>15,344</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Accumulated
    Cost</FONT></TD>
    <TD STYLE="font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">13,277</FONT></TD>
    <TD STYLE="font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">8,349</FONT></TD>
    <TD STYLE="font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">123</FONT></TD>
    <TD STYLE="font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">21,749</FONT></TD>
    <TD STYLE="font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">20,894</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Accumulated
    amortization and impairment</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(294)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(5,956)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(6,250)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(5,550)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Estimated
    useful life in years</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(**)</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">5</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Undefined</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  </TABLE>
<P STYLE="color: red; font: bold 3pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="color: #548DD4; font: bold 3pt Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="font: bold 6.5pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="4" STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Consolidated</FONT></TD>
    <TD STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Parent
    Company</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 55%; padding-right: 7.1pt; font: bold 6.5pt Times New Roman"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Rights
    and Concessions (*)</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Software</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Goodwill</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Total</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Total</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #008542"><B>Balance
    at December 31, 2021</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>15,037</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>1,719</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>123</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>16,879</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>16,682</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Accumulated
    Cost</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">15,312</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">7,373</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">123</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">22,808</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">21,769</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Accumulated
    amortization and impairment</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(275)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(5,654)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(5,929)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(5,087)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Addition</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">20</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">192</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">212</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">186</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Capitalized
    borrowing costs</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">8</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">8</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">8</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Write-offs</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(4)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(4)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(8)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(4)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Transfers
    </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(17)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(16)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Amortization</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(5)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(89)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(94)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(89)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Impairment
    - accrual</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(6)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(6)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Cumulative&nbsp;&nbsp;translation
    adjustment</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(7)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(1)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(1)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(9)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #008542"><B>Balance
    at March 31, 2022</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>15,024</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>1,820</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>122</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>16,966</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>16,783</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Accumulated
    Cost</FONT></TD>
    <TD STYLE="font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">15,301</FONT></TD>
    <TD STYLE="font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">7,484</FONT></TD>
    <TD STYLE="font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">122</FONT></TD>
    <TD STYLE="font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">22,907</FONT></TD>
    <TD STYLE="font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">21,957</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Accumulated
    amortization and impairment</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(277)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(5,664)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(5,941)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(5,174)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Weighted
    average useful life in years</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(**)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">5</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Undefined</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 7pt Times New Roman; margin: 0; text-align: justify; color: #675C53"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 7pt Times New Roman; margin: 0; text-align: justify; color: #675C53"><FONT STYLE="font-family: Times New Roman, Times, Serif">(*)
Comprised mainly of signature bonuses, paid in concession contracts for oil or natural gas exploration and production sharing, in addition
to public service concessions, trademarks and patents and others.</FONT></P>

<P STYLE="font: 7pt Times New Roman; margin: 0; text-align: justify; color: #675C53"><FONT STYLE="font-family: Times New Roman, Times, Serif">(**)
Comprised mainly of assets with an indefinite useful life, whose valuation is reviewed annually to determine whether it remains justifiable.</FONT></P>

<P STYLE="font: 10pt Times New Roman,sans-serif; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="color: #548DD4; font: bold 3pt Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 40 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->39<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 9pt Times New Roman; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="border-bottom: Black 1pt solid; width: 100%"><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE FINANCIAL STATEMENTS</B></P><P STYLE="color: #008542; font: 9pt Times New Roman; margin: 0">PETROBRAS</P><DIV STYLE="padding: 0in 0in 1pt"> <P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">This interim financial information should be read together with the Company&rsquo;s audited annual financial statements</P><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">(Expressed in millions of reais, unless otherwise indicated)</P></DIV><P STYLE="font: italic 9pt Times New Roman; margin: 0"></P></TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="color: #008542; font: bold 12pt Times New Roman; margin-top: 12pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 23.25pt"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A NAME="a_035"></A>19</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Exploration
                                            and evaluation of oil and gas reserves</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman,sans-serif; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Changes
in the balances of capitalized costs directly associated with exploratory wells pending determination of proved reserves and the balance
of amounts paid for obtaining rights and concessions for exploration of oil and natural gas (capitalized acquisition costs) are set out
in the following table:</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Consolidated</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 82%; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>2023</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>2022</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Jan-Mar</B></FONT></TD>
    <TD STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Jan-Mar</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 6.5pt; color: #675C53"><B>Capitalized
    Exploratory Well Costs/Capitalized Acquisition Costs (*)</B></FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Property,
    plant and equipment</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">&nbsp;&nbsp;Opening
    Balance</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">9,790</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">11,127</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">&nbsp;&nbsp;&nbsp;&nbsp;Additions</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">337</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">344</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">&nbsp;&nbsp;&nbsp;&nbsp;Write-offs</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(68)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">&nbsp;&nbsp;&nbsp;&nbsp;Transfers</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(224)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(48)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">&nbsp;&nbsp;&nbsp;&nbsp;Cummulative
    translation adjustment </FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(8)</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(97)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>&nbsp;&nbsp;Final
    balance</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>9,895</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>11,258</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Intangible</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">12,376</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">14,376</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #008542"><B>Capitalized
    Exploratory Well Costs / Capitalized Acquisition Costs</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>22,271</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>25,634</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3" STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">(*) Amounts capitalized and
    subsequently expensed in the same period have been excluded from this table. &nbsp; &nbsp;</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Calibri, Helvetica, Sans-Serif; margin: 0; color: #548DD4"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman,sans-serif; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman,sans-serif; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Exploration
costs recognized in the statement of income and cash used in oil and gas exploration and evaluation activities are set out in the following
table:</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #006298"><B>Consolidated</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 82%; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #006298"><B>2023</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #006298"><B>2022</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>Exploration
    costs recognized in the statement of income</B></FONT></TD>
    <TD STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #006298"><B>Jan-Mar</B></FONT></TD>
    <TD STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #006298"><B>Jan-Mar</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Geological
    and geophysical expenses</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(649)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(278)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Exploration
    expenditures written off (includes dry wells and signature bonuses)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(165)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(114)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Contractual
    penalties on local content requirements</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(1)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(9)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Other
    exploration expenses</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(2)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(7)</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>(817)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>(408)</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>Cash
    used in:</B></FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Operating
    activities</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">651</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">285</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Investment
    activities</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">337</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">395</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>988</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>680</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3" STYLE="padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; color: red"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="color: #008542; font: bold 12pt Times New Roman; margin-top: 12pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 23.25pt"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A NAME="a_036"></A>20</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Collateral
                                            for crude oil exploration concession agreements</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Petrobras
has granted collateral to the National Agency of Petroleum, Natural Gas and Biofuels - ANP in the total amount of R$ 9,247 for the Minimum
Exploratory Programs established in the concession agreements for petroleum exploration areas, which are in force and net of commitments
undertaken. Of this amount, R$8,598 corresponds to the pledge of crude oil from previously identified fields that are already in the
production phase and R$649 refers to bank guarantees.</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="color: #008542; font: bold 12pt Times New Roman; margin-top: 12pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 23.25pt"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A NAME="a_037"></A>21</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Investments</FONT></TD></TR></TABLE>

<P STYLE="color: #008542; font: bold 11pt Times New Roman; margin: 12pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">21.1Changes
in investment (Parent Company)</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 55%; padding-right: 7.1pt; font: bold 6.5pt Times New Roman"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Controlled
    companies</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Joint
    operations</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Jointly
    controlled companies</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt"><P STYLE="font: bold 7pt Times New Roman; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">Associates</FONT></P>
    <P STYLE="font: bold 7pt Times New Roman; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">(**)</FONT></P></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Total</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Balance
    at December 31, 2022</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">266,054</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">130</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">113</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">5,130</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">271,427</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Investments</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">25</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">25</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Restructuring,
    capital decrease and others</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(239)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(239)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Results
    in equity-accounted investments </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">7,096</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">10</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">4</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">49</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">7,159</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Cumulative
    translation adjustments</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(7,377)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(405)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(7,782)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Other
    comprehensive income</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">63</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(4)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">465</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">524</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Dividends</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(262)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(1)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(263)</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #008542"><B>Balance
    at March 31, 2023</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>265,335</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>139</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>138</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>5,239</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>270,851</B></FONT></TD></TR>
  </TABLE>
<P STYLE="color: red; font: bold 3pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="color: #548DD4; font: bold 3pt Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 41 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->40<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 9pt Times New Roman; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="border-bottom: Black 1pt solid; width: 100%"><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE FINANCIAL STATEMENTS</B></P><P STYLE="color: #008542; font: 9pt Times New Roman; margin: 0">PETROBRAS</P><DIV STYLE="padding: 0in 0in 1pt"> <P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">This interim financial information should be read together with the Company&rsquo;s audited annual financial statements</P><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">(Expressed in millions of reais, unless otherwise indicated)</P></DIV><P STYLE="font: italic 9pt Times New Roman; margin: 0"></P></TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 55%; padding-right: 7.1pt; font: bold 6.5pt Times New Roman"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Controlled
    companies</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Joint
    operations</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Jointly
    controlled companies</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt"><P STYLE="font: bold 7pt Times New Roman; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">Associates</FONT></P>
    <P STYLE="font: bold 7pt Times New Roman; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">(**)</FONT></P></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Total</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Balance
    at December 31, 2021</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">264,102</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">180</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">109</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">5,434</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">269,825</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Investments</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">45</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">45</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Restructuring,
    capital decrease and others</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(295)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(295)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Results
    in equity-accounted investments (*)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">5,725</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">13</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">30</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1,403</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">7,171</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Cumulative
    translation adjustments</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(42,024)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(1,272)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(43,296)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Other
    comprehensive income</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(1)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1,296</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1,295</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Dividends</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(6)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(5)</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #008542"><B>Balance
    at March 31, 2022</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>227,509</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>193</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>177</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>6,861</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>234,740</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="6" STYLE="font: 6.5pt Times New Roman; padding-right: 1.4pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">(*)
    On March 31, 2022, the income statement includes the results of companies classified as held for sale in the amount of R$42.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="6" STYLE="font: 6.5pt Times New Roman; padding-right: 1.4pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">(**)
    Includes other investments.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="color: #008542; font: bold 11pt Times New Roman; margin: 12pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">21.2Changes
in investment (Consolidated)</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 55%; padding-right: 7.1pt; padding-left: 0.25in; font: bold 6.5pt Times New Roman"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Jointly
    controlled companies</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt"><P STYLE="font: bold 7pt Times New Roman; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">Associates</FONT></P>
    <P STYLE="font: bold 7pt Times New Roman; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">(*)</FONT></P></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Total</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Balance
    at December 31, 2022</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">2,855</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">5,317</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">8,172</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Investments</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">25</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">17</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">42</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Restructuring,
    capital decrease and others</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(8)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(8)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Results
    in equity-accounted investments</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">124</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">57</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">181</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Cumulative
    translation adjustments</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(74)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(410)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(484)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Other
    comprehensive income</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(4)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">465</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">461</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Dividends</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(50)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(50)</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #008542"><B>Balance
    at March 31, 2023</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>2,876</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>5,438</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>8,314</B></FONT></TD></TR>
  </TABLE>
<P STYLE="color: red; font: bold 3pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="color: #548DD4; font: bold 3pt Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 55%; padding-right: 7.1pt; font: bold 6.5pt Times New Roman"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Jointly
    controlled companies</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt"><P STYLE="font: bold 7pt Times New Roman; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">Associates</FONT></P>
    <P STYLE="font: bold 7pt Times New Roman; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">(*)</FONT></P></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Total</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Balance
    at December 31, 2021</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">2,839</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">5,588</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">8,427</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Investments</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">46</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">3</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">49</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Transfers
    to held for sale</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(12)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(12)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Restructuring,
    capital decrease and others</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">47</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(56)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(9)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Results
    in equity-accounted investments</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">359</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1,457</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1,816</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Cumulative
    translation adjustments</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(416)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(1,295)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(1,711)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Other
    comprehensive income</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(1)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1,296</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1,295</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Dividends</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(254)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(254)</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #008542"><B>Balance
    at March 31, 2022</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>2,608</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>6,993</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>9,601</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="6" STYLE="font: 6.5pt Times New Roman; padding-right: 1.4pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">(*)
    Includes other investments.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="color: #008542; font: bold 12pt Times New Roman; margin-top: 12pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 23.25pt"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A NAME="a_038"></A>22</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Disposal
                                            of assets and other transactions</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
Company has an active portfolio, which takes into account opportunities of partnerships and disposal of non-strategic assets in several
areas in which it operates, whose development of transactions also depends on conditions beyond the control of the Company.</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">On
February 28, 2023, Petrobras was notified by the Ministry of Mines and Energy - MME, requesting the suspension of asset sales for 90
days, due to the reassessment of the National Energy Policy and to the new composition of the National Energy Policy Council, respecting
the Company's governance rules, commitments assumed with government entities and without going against the interests of Petrobras.</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">On
April 3, 2023, the Company&rsquo;s Board of Executive Officers informed that the revision of unsigned divestment processes will be carried
out within the scope of the adjustments to be made to the 2023-27 Strategic Plan.</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
major classes of assets and related liabilities classified as held for sale are shown in the following table:</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 42 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->41<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 9pt Times New Roman; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="border-bottom: Black 1pt solid; width: 100%"><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE FINANCIAL STATEMENTS</B></P><P STYLE="color: #008542; font: 9pt Times New Roman; margin: 0">PETROBRAS</P><DIV STYLE="padding: 0in 0in 1pt"> <P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">This interim financial information should be read together with the Company&rsquo;s audited annual financial statements</P><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">(Expressed in millions of reais, unless otherwise indicated)</P></DIV><P STYLE="font: italic 9pt Times New Roman; margin: 0"></P></TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; font: bold 6.5pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="6" STYLE="vertical-align: bottom; font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Consolidated</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: bottom; font: bold 6.5pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="5" STYLE="vertical-align: bottom; font: bold 7pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">03.31.2023</FONT></TD>
    <TD STYLE="font: bold 7pt Times New Roman; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">12.31.2022</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: bottom; font: bold 6.5pt Times New Roman; background-color: #F2F2F2; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: bold 7pt Times New Roman; background-color: #F2F2F2; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">&nbsp;E&amp;P
    </FONT></TD>
    <TD STYLE="vertical-align: bottom; font: bold 7pt Times New Roman; background-color: #F2F2F2; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">RT&amp;M</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: bold 7pt Times New Roman; background-color: #F2F2F2; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: bold 7pt Times New Roman; background-color: #F2F2F2; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Corporate
    and other segments</FONT></TD>
    <TD STYLE="font: bold 7pt Times New Roman; vertical-align: bottom; background-color: #F2F2F2; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Total</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: bold 7pt Times New Roman; background-color: #F2F2F2; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Total</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: bold 6.5pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Assets
    classified as held for sale</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Inventories</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">130</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">130</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">108</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Investments</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">2</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">2</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Property,
    plant and equipment </FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">9,612</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">105</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">9,717</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">18,713</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Others</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">4</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">4</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; background-color: #F2F2F2; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #008542"><B>Total</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; background-color: #F2F2F2; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>9,613</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; background-color: #F2F2F2; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>240</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; background-color: #F2F2F2; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; background-color: #F2F2F2; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>&#8722;</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; background-color: #F2F2F2; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>9,853</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; background-color: #F2F2F2; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>18,823</B></FONT></TD>
    </TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: bold 6.5pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Liabilities
    on assets classified as held for sale</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Finance
    debt</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">677</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">677</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">694</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Provision
    for decommissioning costs</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">4,613</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">4,613</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">6,952</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; background-color: #F2F2F2; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #008542"><B>Total</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; background-color: #F2F2F2; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>4,613</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; background-color: #F2F2F2; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>&#8722;</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; background-color: #F2F2F2; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; background-color: #F2F2F2; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>677</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; background-color: #F2F2F2; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>5,290</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; background-color: #F2F2F2; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>7,646</B></FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="7" STYLE="font: 4pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR>
    <TD STYLE="width: 58%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 8%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 8%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 2%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 8%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 8%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 8%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    </TR>
  </TABLE>
<P STYLE="color: #008542; font: bold 11pt Times New Roman; margin: 12pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">22.1Sales
pending closing</FONT></P>

<P STYLE="font: 10pt Times New Roman,sans-serif; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
assets and liabilities corresponding to the transactions signed in previous periods which are pending closing are classified as held
for sale at March 31, 2023:</FONT></P>



<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-family: Times New Roman,sans-serif; margin-top: 0pt; margin-bottom: 6pt; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="font: 10pt Times New Roman,sans-serif; margin: 0 0 12pt; text-align: right; width: 15pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">i.</FONT></TD><TD STYLE="width: 5pt"></TD><TD STYLE="font: 10pt Times New Roman,sans-serif; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">sale
                                            of the Company's entire interest (100%) in a set of 22 production onshore and shallow water
                                            field concessions, together with their associated infrastructure, located in the Potiguar
                                            Basin, in the state of Rio Grande do Norte, jointly called the Potiguar group of fields;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-family: Times New Roman,sans-serif; margin-top: 0pt; margin-bottom: 6pt; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="font: 10pt Times New Roman,sans-serif; margin: 0 0 12pt; text-align: right; width: 15pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">ii.</FONT></TD><TD STYLE="width: 5pt"></TD><TD STYLE="font: 10pt Times New Roman,sans-serif; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">sale
                                            of the Company's entire interest in a set of four onshore production fields, with integrated
                                            facilities, located in the state of Esp&iacute;rito Santo, jointly called Norte Capixaba
                                            group of fields;</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-family: Times New Roman,sans-serif; margin-top: 0pt; margin-bottom: 6pt; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="font: 10pt Times New Roman,sans-serif; margin: 0 0 12pt; text-align: right; width: 15pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">iii.</FONT></TD><TD STYLE="width: 5pt"></TD><TD STYLE="font: 10pt Times New Roman,sans-serif; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">sale
                                            of the Lubrificantes e Derivados de Petr&oacute;leo do Nordeste (LUBNOR) refinery and its
                                            associated logistics assets, located in the state of Cear&aacute;; and</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-family: Times New Roman,sans-serif; margin-top: 0pt; margin-bottom: 6pt; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="font: 10pt Times New Roman,sans-serif; margin: 0 0 12pt; text-align: right; width: 15pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">iv.</FONT></TD><TD STYLE="width: 5pt"></TD><TD STYLE="font: 10pt Times New Roman,sans-serif; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">sale
                                            of the Company's entire interest in a set of maritime concessions called Golfinho and Camarupim
                                            groups of fields, located in the Esp&iacute;rito Santo Basin.</FONT></TD>
</TR></TABLE>



<P STYLE="font: 10pt Times New Roman,sans-serif; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">For
more information on these transactions (which are subject to certain conditions precedent), see note 30.1 of the Company's consolidated
financial statements of 2022.</FONT></P>

<P STYLE="font: 10pt Times New Roman,sans-serif; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">From
January to March 2023, no new contracts were signed.</FONT></P>

<P STYLE="color: #008542; font: bold 11pt Times New Roman; margin: 12pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">22.2Closed
sales</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
main asset sales operations are presented below:</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 42%; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Transaction</B></FONT></TD>
    <TD STYLE="width: 15%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Acquirer</B></FONT></TD>
    <TD STYLE="width: 13%; padding-right: 3pt; padding-left: 3pt"><P STYLE="font: 7pt Times New Roman,sans-serif; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Signature
    date (S)</B></FONT></P>
    <P STYLE="font: 7pt Times New Roman,sans-serif; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Closing
    date (C) </B></FONT></P></TD>
    <TD STYLE="width: 7%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>&nbsp;Sale
    amount (*)(**)</B></FONT></TD>
    <TD STYLE="width: 9%; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 6.5pt; color: #006298"><B>Closing
    amount in other currencies(***)</B></FONT></TD>
    <TD STYLE="width: 7%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Gain/
    (loss) (****) </B></FONT></TD>
    <TD STYLE="width: 7%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Further
    infor-mation</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: gray">Sale
    of its entire interest in Albacora Leste producing field, located in the Campos Basin</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">Petro
    Rio Jaguar Petr&oacute;leo LTDA (PetroRio), a subsidiary of Petro Rio S.A.</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt"><P STYLE="font: 7pt Times New Roman,sans-serif; margin: 0; text-align: right; color: #675C53"><FONT STYLE="font-family: Times New Roman, Times, Serif">Apr/2022</FONT></P>
    <P STYLE="font: 7pt Times New Roman,sans-serif; margin: 0; text-align: right; color: #675C53"><FONT STYLE="font-family: Times New Roman, Times, Serif">Jan/2023</FONT></P></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">9,654</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">US$
    1,928</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">2,953</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">a</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #00B050 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #00B050 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #00B050 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #00B050 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #00B050 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #00B050 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #00B050 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="7" STYLE="padding-right: 3pt; padding-left: 3pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 6pt; color: gray">(*)
    Amount agreed at the signing of the transaction, plus closing price adjustment, when provided for in the contract.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="7" STYLE="padding-right: 3pt; padding-left: 3pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 6pt; color: gray">(**)
    The amount of &ldquo;Receivables from the sale of assets (Divestments) in the Statement of Cash Flows&rdquo; is mainly composed of
    amounts from the Divestment Program: partial receipt of operations from this year, installments of operations from previous years
    and advances referring to operations not completed.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="7" STYLE="padding-right: 3pt; padding-left: 3pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 6pt; color: gray">(***)
    Contract value and price adjustments of transactions traded in currencies other than the real.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="7" STYLE="padding-right: 3pt; padding-left: 3pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 6pt; color: gray">(****)
    Recognized in &quot;Results from disposals, write-off of assets and result from the remeasurement of equity interests&quot; - explanatory
    note 6 - Other (expenses) income, net.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt"><B>a)</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt"><B>Sale
                                            of Albacora Leste concession</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman,sans-serif; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
transaction was closed after the fulfillment of conditions precedent, with the receipt, in cash, of R$ 8,455 (US$ 1,635 million), including
price adjustments provided for in the contract, in addition to US$ 292.7 million received at the transaction signing. In addition, Petrobras
is expected to receive up to US$ 250 million in contingent payments provided for in the contract, depending on future Brent prices.</FONT></P>


<!-- Field: Page; Sequence: 43 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->42<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 9pt Times New Roman; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="border-bottom: Black 1pt solid; width: 100%"><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE FINANCIAL STATEMENTS</B></P><P STYLE="color: #008542; font: 9pt Times New Roman; margin: 0">PETROBRAS</P><DIV STYLE="padding: 0in 0in 1pt"> <P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">This interim financial information should be read together with the Company&rsquo;s audited annual financial statements</P><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">(Expressed in millions of reais, unless otherwise indicated)</P></DIV><P STYLE="font: italic 9pt Times New Roman; margin: 0"></P></TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 12pt Times New Roman,sans-serif; margin: 12pt 0; text-align: justify; color: #008542"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>22.3Contingent
assets from disposed investments and other transactions</B></FONT></P>

<P STYLE="font: 10pt Times New Roman,sans-serif; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Some
disposed assets and other agreements provide for receipts subject to contractual clauses, especially related to the Brent variation in
transactions related to E&amp;P assets.</FONT></P>

<P STYLE="font: 10pt Times New Roman,sans-serif; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
transactions that may generate gain recognition, accounted for within other income and expenses, are presented below:</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD ROWSPAN="2" STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Transaction</B></FONT></TD>
    <TD ROWSPAN="2" STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Closing
    date</B></FONT></TD>
    <TD ROWSPAN="2" STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><P STYLE="font: 7pt Times New Roman,sans-serif; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>At
    the closing of the operation</B></FONT></P>
    <P STYLE="font: 7pt Times New Roman,sans-serif; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>US$
    million</B></FONT></P></TD>
    <TD COLSPAN="2" STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt"><P STYLE="font: 7pt Times New Roman,sans-serif; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Asset
    recognized in the period from January to March 2023</B></FONT></P>
    <P STYLE="font: 7pt Times New Roman,sans-serif; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></P></TD>
    <TD ROWSPAN="2" STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><P STYLE="font: 7pt Times New Roman,sans-serif; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Asset
    recognized in previous periods </B></FONT></P>
    <P STYLE="font: 7pt Times New Roman,sans-serif; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>US$
    million</B></FONT></P></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>US$
    million</B></FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>R$</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 42%; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: gray"><B>Sales
    in previous years</B></FONT></TD>
    <TD STYLE="width: 14%; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 11%; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 11%; border-bottom: #F2F2F2 1pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 11%; border-bottom: #F2F2F2 1pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 11%; border-bottom: #F2F2F2 1pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: gray">Riacho
    da Forquilha group of fields</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: gray">December
    2019</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">62</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">7</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">34</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">28</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: gray">Pampo
    and Enchova group of fields</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: gray">July
    2020</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">650</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">180</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: gray">Ba&uacute;na
    field</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: gray">November
    2020</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">285</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">132</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: gray">Frade
    field</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: gray">February
    2021</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">20</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">&#8722;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: gray">Ventura
    group of fields</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: gray">July
    2021</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">43</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">43</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: gray">Miranga
    group of fields</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: gray">December
    2021</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">85</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">55</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: gray">Cricare
    group of fields</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: gray">December
    2021</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">118</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">22</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: gray">Pero&aacute;
    group of fields</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: gray">August
    2022</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">43</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">10</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: gray">Papa-Terra
    field</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: gray">December
    2022</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">90</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">1</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">3</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">15</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: gray"><B>Sales
    in the period</B></FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: gray">Albacora
    Leste field</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: gray">January
    2023</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">250</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">&#8722;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: gray"><B>Surplus
    volume of the Transfer of Rights Agreement</B></FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">&#8722;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-left: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: gray">Sepia
    and Atapu </FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: gray">April
    2022</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">5,244</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">25</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">130</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">693</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #00B050 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: #00B050 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #00B050 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #00B050 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #00B050 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #00B050 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #00B050 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: gray"><B>Sales
    in previous years</B></FONT></TD>
    <TD STYLE="border-bottom: #00B050 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #00B050 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; border-bottom: #00B050 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53"><B>33</B></FONT></TD>
    <TD STYLE="text-align: right; border-bottom: #00B050 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53"><B>167</B></FONT></TD>
    <TD STYLE="text-align: right; border-bottom: #00B050 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53"><B>1,178</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman,sans-serif; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="color: #008542; font: bold 12pt Times New Roman; margin-top: 6pt; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 23.25pt"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A NAME="a_039"></A>23</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Finance
                                            debt</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="color: #008542; font: bold 11pt Times New Roman; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 20.15pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">23.1</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Balance
                                            by type of finance debt</FONT></TD></TR></TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: bold 6.5pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Consolidated</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 82%; padding-right: 7.1pt; font: bold 6.5pt Times New Roman"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">03.31.2023</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">12.31.2022</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Banking
    Market</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">6,182</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">6,705</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Capital
    Market</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">15,024</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">15,108</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Development
    banks (*)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">3,656</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">3,770</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Others</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">25</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">19</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Total
    in Brazil</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>24,887</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>25,602</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Banking
    Market</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">43,305</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">43,759</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Capital
    Market</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">71,398</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">73,368</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Export
    Credit Agency</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">11,181</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">12,745</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Others</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">804</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">812</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Total
    abroad</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>126,688</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>130,684</B></FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #008542"><B>Total
    finance debt</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>151,575</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>156,286</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Current</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">20,818</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">18,656</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Noncurrent</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">130,757</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">137,630</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 6pt Times New Roman,sans-serif; margin: 0; text-align: justify; color: gray"><FONT STYLE="font-family: Times New Roman, Times, Serif">(*)
Includes BNDES, FINAME, and FINEP.</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 6pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 6pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
amount classified in current liabilities is composed of:</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: bold 6.5pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Consolidated</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 82%; padding-right: 7.1pt; font: bold 6.5pt Times New Roman"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">03.31.2023</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">12.31.2022</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Short-term
    debt</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">32</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Current
    portion of long-term debt</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">18,332</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">16,231</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Accrued
    interest on short and long-term debt</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">2,454</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">2,425</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #008542"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>20,818</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>18,656</B></FONT></TD></TR>
  </TABLE>
<P STYLE="color: red; font: bold 3pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
capital market balance is mainly composed of R$68,220 in global notes, issued abroad by PGF, R$9,691 in debentures and R$4,570 in book-entry
commercial notes, issued in Brazil by Petrobras.</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
global notes mature between 2024 and 2115 and do not require collateral. Such financing was carried out in dollars, euros and pounds,
being 87%, 2% and 11% of the total global notes, respectively.</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
debentures and commercial notes, due between 2024 and 2037 do not require real guarantees and are not convertible into shares or equity
interests.</FONT></P>


<!-- Field: Page; Sequence: 44 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->43<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 9pt Times New Roman; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="border-bottom: Black 1pt solid; width: 100%"><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE FINANCIAL STATEMENTS</B></P><P STYLE="color: #008542; font: 9pt Times New Roman; margin: 0">PETROBRAS</P><DIV STYLE="padding: 0in 0in 1pt"> <P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">This interim financial information should be read together with the Company&rsquo;s audited annual financial statements</P><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">(Expressed in millions of reais, unless otherwise indicated)</P></DIV><P STYLE="font: italic 9pt Times New Roman; margin: 0"></P></TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman; margin: 0 0 6pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">As
of March 31, 2023, there were no defaults, breaches of covenants (breaches) or adverse changes in clauses that resulted in changes in
the payment terms of loan and financing agreements. There was no change in the guarantees required in relation to December 31, 2022.</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="color: #008542; font: bold 11pt Times New Roman; margin-top: 6pt; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 20.15pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">23.2</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Changes</FONT></TD></TR></TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: bold 6.5pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Consolidated</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 73%; padding-right: 7.1pt; font: bold 6.5pt Times New Roman"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Brazil</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Abroad</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Total</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #008542"><B>Balance
    at December 31, 2022</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>25,602</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>130,684</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>156,286</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Proceeds
    from financing</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">12</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">251</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">263</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Repayment
    of principal (*)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(943)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(1,466)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(2,409)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Repayment
    of interest (*)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(614)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(1,935)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(2,549)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Charges
    incurred in the period (**) </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">551</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">2,264</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">2,815</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Monetary
    and exchange variations</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">279</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(151)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">128</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Cumulative
    translation adjustment</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(2,959)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(2,959)</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #008542"><B>Balance
    at March 31, 2023</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>24,887</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>126,688</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>151,575</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: bold 6.5pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Consolidated</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="font: bold 6.5pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Brazil</FONT></TD>
    <TD STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Abroad</FONT></TD>
    <TD STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Total</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #008542"><B>Balance
    at December 31, 2021</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>25,209</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>174,015</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>199,224</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Proceeds
    from financing</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">782</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">782</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Repayment
    of principal (*)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(749)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(5,423)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(6,172)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Repayment
    of interest (*)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(479)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(2,291)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(2,770)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Charges
    incurred in the period (**) </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">516</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">2,177</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">2,693</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Monetary
    and exchange variations</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">241</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(3,891)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(3,650)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Cumulative
    translation adjustment</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(22,288)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(22,288)</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #008542"><B>Balance
    at March 31, 2022</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>24,738</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>143,081</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>167,819</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="4" STYLE="font: 6.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(*)
    Includes prepaymments.</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="4" STYLE="font: 6.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(**)Includes
    appropriations of goodwill, discounts and associated transaction costs.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman,sans-serif; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman,sans-serif; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">In
the period from January to March 2023, the Company repaid several finance debts, in the amount of R$ 6,858.</FONT></P>


<!-- Field: Page; Sequence: 45 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->44<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 9pt Times New Roman; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="border-bottom: Black 1pt solid; width: 100%"><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE FINANCIAL STATEMENTS</B></P><P STYLE="color: #008542; font: 9pt Times New Roman; margin: 0">PETROBRAS</P><DIV STYLE="padding: 0in 0in 1pt"> <P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">This interim financial information should be read together with the Company&rsquo;s audited annual financial statements</P><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">(Expressed in millions of reais, unless otherwise indicated)</P></DIV><P STYLE="font: italic 9pt Times New Roman; margin: 0"></P></TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="color: #008542; font: bold 11pt Times New Roman; margin-top: 12pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 20.25pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">23.3</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Reconciliation
                                            with cash flows from financing activities - Consolidated</FONT></TD></TR></TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 34%; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 11%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 11%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 11%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>2023</B></FONT></TD>
    <TD STYLE="width: 11%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 11%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 11%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>2022</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Jan-Mar</B></FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Jan-Mar</B></FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Proceeds
    from financing</B></FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Repayment
    of principal</B></FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Repayment
    of interest</B></FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Proceeds
    from financing</B></FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Repayment
    of principal</B></FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Repayment
    of interest</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">Changes
    in financing</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">263</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">(2,409)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">(2,549)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">782</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">(6,172)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">(2,770)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">Debt
    reestructuring</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">(134)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">&#8722;</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">Related
    deposits <SUP>(*)</SUP></FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">(1,485)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">(415)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">(1,377)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">(252)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #008542"><B>Cash
    flows from financing activities</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53"><B>263</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53"><B>(3,894)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53"><B>(2,964)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53"><B>782</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53"><B>(7,683)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53"><B>(3,022)</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR>
    <TD COLSPAN="7" STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">(*)Amounts
    deposited for payment of obligations related to financing obtained from the China Development Bank (CDB), with semi-annual settlements
    in June and December.</FONT></TD></TR>
  </TABLE>
<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="color: #008542; font: bold 11pt Times New Roman; margin-top: 12pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">23.4</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Summarized
                                            information on current and non-current finance debt</FONT></TD></TR></TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; font: bold 6.5pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="9" STYLE="vertical-align: bottom; font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Consolidated</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; font: bold 6.5pt Times New Roman; background-color: #F2F2F2; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Maturity
    in</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: bold 7pt Times New Roman; background-color: #F2F2F2; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">2023</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: bold 7pt Times New Roman; background-color: #F2F2F2; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">2024</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: bold 7pt Times New Roman; background-color: #F2F2F2; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">2025</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: bold 7pt Times New Roman; background-color: #F2F2F2; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">2026</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: bold 7pt Times New Roman; background-color: #F2F2F2; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">2027</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: bold 7pt Times New Roman; background-color: #F2F2F2; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">2028
    onwards</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: bold 7pt Times New Roman; background-color: #F2F2F2; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Total
    <SUP>(*)</SUP></FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; font: bold 7pt Times New Roman; background-color: #F2F2F2; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Fair
    value</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#9;&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#9;&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#9;&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#9;&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#9;&#9;</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#9;&#9;</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Financing
    in U.S. Dollars (US$):</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">13,888</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">16,457</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">13,047</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">7,763</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">12,523</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">50,866</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">114,544</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">113,505</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Floating
    rate debt (**)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">13,086</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">13,612</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">9,823</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">5,808</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">8,838</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">3,312</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">54,479</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Fixed
    rate debt</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">802</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">2,845</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">3,224</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1,955</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">3,685</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">47,554</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">60,065</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Average
    interest rate (p.a)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">6.5%</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">6.4%</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">6.0%</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">6.3%</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">5.9%</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">6.6%</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">6.5%</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Financing
    in Brazilian Reais (R$):</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">2,394</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">3,818</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1,161</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">2,316</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">653</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">14,544</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">24,886</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">25,423</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Floating
    rate debt(***)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1,523</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1,467</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">719</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">719</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">215</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">7,089</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">11,732</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Fixed
    rate debt</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">871</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">2,351</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">442</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1,597</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">438</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">7,455</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">13,154</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Average
    interest rate (p.a)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">6.5%</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">6.7%</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">6.4%</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">6.2%</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">6.4%</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">6.5%</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">6.5%</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Financing
    in Euro (&euro;):</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">77</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">91</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1,498</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">3,025</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">4,691</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">4,481</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Fixed
    rate debt</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">77</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">91</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1,498</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">3,025</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">4,691</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Average
    interest rate (p.a)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">4.6%</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">4.7%</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">4.7%</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">4.7%</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">4.7%</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Financing
    in Pound Sterling (&pound;):</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">104</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">35</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">2,899</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">4,416</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">7,454</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">6,925</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Fixed
    rate debt</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">104</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">35</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">2,899</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">4,416</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">7,454</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Average
    interest rate (p.a)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">6.2%</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">6.3%</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">6.2%</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">6.5%</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">6.3%</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #008542"><B>Total
    on March 31, 2023</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>16,463</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>20,401</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>15,706</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>12,978</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>13,176</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>72,851</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>151,575</B></FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>150,334</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Average
    interest rate (p.a)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">6.4%</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">6.4%</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">6.0%</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">6.2%</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">5.9%</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">6.6%</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">6.5%</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #008542"><B>Total
    on December 31, 2022</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>18,656</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>20,577</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>16,061</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>13,164</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>15,096</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>72,732</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>156,286</B></FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>155,766</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Average
    interest rate (p.a)</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">6.7%</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">6.5%</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">6.1%</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">6.2%</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">6.0%</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">6.6%</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">6.5%</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD></TR>
  <TR>
    <TD COLSPAN="10" STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 4pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR>
    <TD COLSPAN="9" STYLE="vertical-align: bottom; padding-right: 3pt; padding-left: 3pt"><P STYLE="font: 6.5pt Times New Roman; margin: 0; text-align: justify; color: #675C53"><FONT STYLE="font-family: Times New Roman, Times, Serif">(*)The
    average maturity of outstanding debt as of March 31, 2023 is 12.02 years (12.07 years as of December 31, 2022).</FONT></P>
    <P STYLE="font: 6.5pt Times New Roman; margin: 0; text-align: justify; color: #675C53"><FONT STYLE="font-family: Times New Roman, Times, Serif">(**)
    Operation</FONT></P>
    <P STYLE="font: 6.5pt Times New Roman; margin: 0; text-align: justify; color: #675C53"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR>
    <TD STYLE="width: 28%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 8%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 6.5pt Times New Roman; margin: 0; text-align: justify; color: #675C53"><FONT STYLE="font-family: Times New Roman, Times, Serif">(**)
Operations with variable index plus fixed spread.</FONT></P>

<P STYLE="font: 6.5pt Times New Roman; margin: 0; text-align: justify; color: #675C53"><FONT STYLE="font-family: Times New Roman, Times, Serif">(***)
Operations with variable index plus fixed spread, as applicable.</FONT></P>

<P STYLE="font: 6.5pt Times New Roman; margin: 0; text-align: justify; color: #675C53"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">As
of March 31, 2023, the fair values &#8203;&#8203;of financing are mainly determined by using:</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Level
1 - prices quoted in active markets, when applicable, in the amount of R$&nbsp;65,873 (R$&nbsp;68,146, on December 31, 2022); and</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Level
2 - cash flow method discounted by the spot rates interpolated from the indexes (or proxies) of the respective financing, observed to
the pegged currencies, and by the credit risk of Petrobras, in the amount of R$&nbsp;84,461 (R$ 87,620, on December 31, 2022).</FONT></P>

<P STYLE="font: 10pt Times New Roman,sans-serif; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Regarding
the reform of the reference interest rates (IBOR Reform), the company continues to monitor the pronouncements of the regulatory authorities,
as well as the measures that have been adopted, with a view to adapting the various financial instruments to the new benchmarks, and
the company expects that the replacement of the reference to LIBOR in current financing agreements is carried out under market conditions,
and therefore, it expects that there will be no material impacts when this process is completed. Petrobras and its subsidiaries have
debts indexed to Libor (London Interbank Offered Rate), whose value corresponds to approximately 30.9% of its financing.</FONT></P>

<P STYLE="font: 10pt Times New Roman,sans-serif; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
sensitivity analysis for financial instruments subject to foreign exchange variation is set out in note 26.3.</FONT></P>

<P STYLE="font: 10pt Times New Roman,sans-serif; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">A
maturity schedule of the Company&rsquo;s finance debt (undiscounted), including face value and interest payments is set out as follows:</FONT></P>


<!-- Field: Page; Sequence: 46 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->45<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 9pt Times New Roman; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="border-bottom: Black 1pt solid; width: 100%"><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE FINANCIAL STATEMENTS</B></P><P STYLE="color: #008542; font: 9pt Times New Roman; margin: 0">PETROBRAS</P><DIV STYLE="padding: 0in 0in 1pt"> <P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">This interim financial information should be read together with the Company&rsquo;s audited annual financial statements</P><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">(Expressed in millions of reais, unless otherwise indicated)</P></DIV><P STYLE="font: italic 9pt Times New Roman; margin: 0"></P></TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: bold 6.5pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="8" STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Consolidated</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 28%; padding-right: 7.1pt; font: bold 6.5pt Times New Roman"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Maturity</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">2023</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">2024</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">2025</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">2026</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">2027</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">2028
    onwards</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">03.31.2023</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">12.31.2022</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Principal</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">13,933</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">20,549</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">16,135</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">13,319</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">13,463</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">76,997</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">154,396</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">165,419</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Interest</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">7,409</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">8,945</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">7,340</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">6,490</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">5,366</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">87,500</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">123,050</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">129,478</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #008542"><B>Total
    (*)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>21,342</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>29,494</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>23,475</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>19,809</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>18,829</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>164,497</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>277,446</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>294,897</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="9" STYLE="padding-right: 1.4pt"><P STYLE="font: 6.5pt Times New Roman,sans-serif; margin: 0; color: #675C53"><FONT STYLE="font-family: Times New Roman, Times, Serif">(*)The
    nominal flow of leases is found in note 24.</FONT></P>
    <P STYLE="font: 6.5pt Times New Roman; margin: 0; text-align: justify; color: #675C53"><FONT STYLE="font-family: Times New Roman, Times, Serif">.</FONT></P></TD></TR>
  </TABLE>
<P STYLE="color: red; font: bold 3pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="color: #008542; font: bold 11pt Times New Roman; margin-top: 12pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">23.5</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Lines
                                            of credit</FONT></TD></TR></TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; font: bold 6.5pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="5" STYLE="vertical-align: bottom; font: bold 7pt Times New Roman; padding-right: 1.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="vertical-align: bottom; font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">03.31.2023</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: bottom; font: bold 6.5pt Times New Roman; background-color: #F2F2F2; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Company</FONT></TD>
    <TD COLSPAN="3" STYLE="vertical-align: bottom; font: bold 7pt Times New Roman; background-color: #F2F2F2; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Financial
    institution</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: bold 7pt Times New Roman; background-color: #F2F2F2; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Date</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: bold 7pt Times New Roman; background-color: #F2F2F2; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Maturity</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; background-color: #F2F2F2; padding-right: 1.4pt"><P STYLE="font: bold 6.5pt Times New Roman; margin: 0; text-align: center; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">Available</FONT></P>
    <P STYLE="font: bold 6.5pt Times New Roman; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">(Lines
    of Credit)</FONT></P></TD>
    <TD STYLE="vertical-align: bottom; font: bold 7pt Times New Roman; background-color: #F2F2F2; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 6.5pt; color: #006298">Used</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: bold 7pt Times New Roman; background-color: #F2F2F2; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Balance</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: bold 6.5pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Abroad
    (in US$ million)</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">PGT
    BV</FONT></TD>
    <TD COLSPAN="3" STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Syndicate
    of banks</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">12/16/2021</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">11/16/2026</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">5,000</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">5,000</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">PGT
    BV (*)</FONT></TD>
    <TD COLSPAN="3" STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Syndicate
    of banks </FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">03/27/2019</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">02/27/2024</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">3,250</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">3,250</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; font: 7.5pt Times New Roman; background-color: #F2F2F2; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #008542"><B>Total</B></FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; background-color: #F2F2F2; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; background-color: #F2F2F2; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; background-color: #F2F2F2; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; background-color: #F2F2F2; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; background-color: #F2F2F2; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>8,250</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; background-color: #F2F2F2; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>-</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; background-color: #F2F2F2; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>8,250</B></FONT></TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: bold 6.5pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">In
    Brazil</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Petrobras</FONT></TD>
    <TD COLSPAN="3" STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Banco
    do Brasil</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">03/23/2018</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">09/26/2026</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">2,000</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">2,000</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Petrobras</FONT></TD>
    <TD COLSPAN="3" STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Banco
    do Brasil</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">10/04/2018</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">09/05/2025</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">2,000</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">2,000</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Transpetro</FONT></TD>
    <TD COLSPAN="3" STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Caixa
    Econ&ocirc;mica Federal</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">11/23/2010</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Not
    defined</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">329</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">329</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; background-color: #F2F2F2; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #008542"><B>Total</B></FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; background-color: #F2F2F2; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; background-color: #F2F2F2; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; background-color: #F2F2F2; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; background-color: #F2F2F2; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; background-color: #F2F2F2; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>4,329</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; background-color: #F2F2F2; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>&#8722;</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; background-color: #F2F2F2; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>4,329</B></FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="10" STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 6.5pt; color: #675C53">(*)
    In April 2021, PGT extended part of the Revolving Credit Facility. As such, $2,050 million will be available for withdrawal from
    February 28, 2024 through February 27, 2026.</FONT></TD></TR>
  <TR>
    <TD STYLE="width: 36%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 8%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    </TR>
  </TABLE>
<P STYLE="color: #548DD4; font: bold 3pt Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="color: #548DD4; font: bold 3pt Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="color: #008542; font: bold 12pt Times New Roman; margin-top: 12pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A NAME="a_040"></A>24</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Lease
                                            liabilities</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Changes
in lease agreements recognized as liabilities are shown below:</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: bold 6.5pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Consolidated</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 73%; padding-right: 7.1pt; font: bold 6.5pt Times New Roman"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Brazil</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Abroad</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Total</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #008542"><B>Balance
    at December 31, 2022</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>31,411</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>93,006</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>124,417</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Remeasurement/New
    agreements</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1,610</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1,572</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">3,182</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Payment
    of principal and interest</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(2,630)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(4,593)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(7,223)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Charges
    incurred in the period</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">583</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1,311</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1,894</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Monetary
    and Exchange variation</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(391)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(2,389)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(2,780)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Cumulative
    translation adjustments</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(34)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(34)</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #008542"><B>Balance
    at March 31, 2023</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>30,583</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>88,873</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>119,456</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Current</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">28,665</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">No
    Current</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">90,791</FONT></TD></TR>
  </TABLE>
<P STYLE="color: red; font: bold 3pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="color: #548DD4; font: bold 3pt Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: bold 6.5pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Consolidated</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 73%; padding-right: 7.1pt; font: bold 6.5pt Times New Roman"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Brazil</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Abroad</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Total</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #008542"><B>Balance
    at December 31, 2021</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>25,695</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>102,899</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>128,594</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Remeasurement
    / New agreements</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">2,133</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1,618</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">3,751</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Payment
    of principal and interest</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(1,952)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(4,964)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(6,916)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Charges
    incurred in the period</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">380</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1,218</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1,598</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Monetary
    and Exchange variation</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(2,067)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(15,017)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(17,084)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Cumulative
    translation adjustments</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(344)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(344)</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #008542"><B>Balance
    at March 31, 2022</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>24,189</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>85,410</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>109,599</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Current</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">25,361</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">No
    Current</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">84,238</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">As
of March 31, 2023, the value of the lease liability of Petrobras Holding is R$126,659 (R$&nbsp;132,160 as of December 31, 2022), including
leases and subleases with investee companies, mainly vessels with PNBV and Transpetro.</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
nominal flow (not discounted) without considering the projected future inflation in the flows of the lease contracts, by maturity, is
presented below:</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: bold 6.5pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="7" STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Consolidated</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 37%; padding-right: 7.1pt; font: bold 6.5pt Times New Roman"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Maturity
    in </FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">2023</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">2024</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">2025</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">2026</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">2027</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">2028
    onwards</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Total</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>Nominal
    value on March 31, 2023</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>22,513</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>25,169</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>18,367</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>12,800</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>10,885</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>73,156</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>162,890</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>Nominal
    value on December 31, 2022</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>29,797</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>24,115</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>17,640</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>12,492</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>11,071</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>75,646</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>170,761</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 47 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->46<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 9pt Times New Roman; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="border-bottom: Black 1pt solid; width: 100%"><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE FINANCIAL STATEMENTS</B></P><P STYLE="color: #008542; font: 9pt Times New Roman; margin: 0">PETROBRAS</P><DIV STYLE="padding: 0in 0in 1pt"> <P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">This interim financial information should be read together with the Company&rsquo;s audited annual financial statements</P><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">(Expressed in millions of reais, unless otherwise indicated)</P></DIV><P STYLE="font: italic 9pt Times New Roman; margin: 0"></P></TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman,sans-serif; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">In
certain contracts, there are variable payments and amounts less than 1 year recognized as an expense:</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #006298"><B>Consolidated</B></FONT></TD>
    </TR>
  <TR>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; background-color: #F2F2F2; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; background-color: #F2F2F2; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #006298"><B>2023</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; background-color: #F2F2F2; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #006298"><B>2022</B></FONT></TD>
    </TR>
  <TR>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; background-color: #F2F2F2; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; background-color: #F2F2F2; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #006298"><B>Jan-Mar</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; background-color: #F2F2F2; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #006298"><B>Jan-Mar</B></FONT></TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Variable
    payments</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">1,683</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">1,308</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Up
    to 1 year maturity</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">92</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">351</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Variable
    payments x fixed payments</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">23%</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">19%</FONT></TD></TR>
  <TR>
    <TD STYLE="width: 73%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 11%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 7%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    </TR>
  </TABLE>
<P STYLE="font: 3pt Times New Roman,sans-serif; margin: 0; text-align: justify; color: red"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 3pt Times New Roman,sans-serif; margin: 0; color: #548DD4"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman,sans-serif; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">At
March 31, 2023, the nominal amounts of lease agreements for which the lease term has not commenced, as they relate to assets under construction
or not yet available for use, is R$ 414,321 (R$ 416,962 at December 31, 2022).</FONT></P>

<P STYLE="font: 10pt Times New Roman,sans-serif; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
sensitivity analysis of financial instruments subject to exchange variation is presented in note 26.3.</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="color: #008542; font: bold 12pt Times New Roman; margin-top: 12pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A NAME="a_041"></A>25</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Equity</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="color: #008542; font: bold 11pt Times New Roman; margin-top: 12pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">25.1</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Share
                                            capital</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">As
of March 31, 2023 and December 31, 2022, the subscribed and paid-in capital in the amount of R$205,432 is represented by 13,044,496,930
shares, of which R$117,208 refer to 7,442,454,142 common shares and R$88,224 refer to 5,602,042,788 preferred shares, all registered,
book-entry shares and with no par value.</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Preferred
shares have priority in the case of capital reimbursement, do not guarantee voting rights and are not convertible into common shares.</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">There
are shares owned by Petrobras that are held in treasury in the amount of R$7 (R$7 on December 31, 2022), represented by 295,669 shares,
of which 222,760 are common shares and 72,909 are preferred shares.</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="color: #008542; font: bold 11pt Times New Roman; margin-top: 12pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">25.2</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Remuneration
                                            to shareholders</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify; color: #008542"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Dividends
for the year 2022</B></FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">On
April 27, 2023, the Annual Shareholders' Meeting approved dividends for the year 2022, in the amount of R$222,560, corresponding to R$17.06202044
per outstanding preferred and common share. This amount includes advance payment to shareholders, monetarily restated by the Selic rate
variation from the payment date to December 31, 2022, in the amount of R$186,745, and the additional dividend of R$35,815 which, on December
31, 2022, was highlighted in shareholders' equity as an additional proposed dividend.</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Complementary
dividends of R$ 35,815, equivalent to R$ 2.74573369 per outstanding preferred and common share, were reclassified from shareholders'
equity to liabilities on the date of approval of the Annual Shareholders' Meeting and will be paid in three installments, on May 19,
June 16th and December 27th, 2023, updated by the Selic rate from December 31st, 2022 until the date of each payment.</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify; color: #008542"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Dividends
payable</B></FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">As
of March 31, 2023, there is no balance of dividends payable to the parent company's shareholders, as shown in the movement below.</FONT></P>


<!-- Field: Page; Sequence: 48 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->47<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 9pt Times New Roman; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="border-bottom: Black 1pt solid; width: 100%"><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE FINANCIAL STATEMENTS</B></P><P STYLE="color: #008542; font: 9pt Times New Roman; margin: 0">PETROBRAS</P><DIV STYLE="padding: 0in 0in 1pt"> <P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">This interim financial information should be read together with the Company&rsquo;s audited annual financial statements</P><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">(Expressed in millions of reais, unless otherwise indicated)</P></DIV><P STYLE="font: italic 9pt Times New Roman; margin: 0"></P></TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Parent
    Company</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 82%; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>2023</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>2022</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Jan-Mar</B></FONT></TD>
    <TD STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Jan-Mar</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>Changes
    in dividends payable</B></FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Opening
    balance</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">21,751</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">&#8722;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Payments
    made</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(21,803)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(2)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Monetary
    restatement</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">156</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">&#8722;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Transfers
    to unclaimed dividends</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(88)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">2</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Withholding
    income taxes over interest on capital and monetary restatement</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(16)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">&#8722;</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #008542"><B>Closing
    balance</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>&#8722;</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>&#8722;</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">On
January 19, 2023, Petrobras paid the second installment of anticipated dividends approved by the Board of Directors on November 3, 2022,
in the amount of R$ 21,751, net of withholding income taxes over interest on capital. This installment was monetarily restated in R$
156 based on the SELIC interest rate from December 31, 2022 to the payment date.</FONT></P>

<P STYLE="color: #008542; font: bold 10pt Times New Roman; margin: 12pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Unclaimed
dividends</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">As
of March 31, 2023, the balance of dividends not claimed by shareholders of Petrobras is R$ 1,346 (R$ 1,258 on December 31, 2022) recorded
as other current liabilities, as described in note 16. The payment of these dividends was not carried out due to the lack of registration
data for which the shareholders are responsible with the custodian bank for the Company's shares and with Petrobras.</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Parent
    Company</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 82%; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>2023</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>2022</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Jan-Mar</B></FONT></TD>
    <TD STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Jan-Mar</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>Changes
    in unclaimed dividends</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Opening
    balance</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">1,258</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">451</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Transfers
    from dividends payable</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">88</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(2)</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #008542"><B>Closing
    balance</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>1,346</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>449</B></FONT></TD></TR>
  </TABLE>
<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="color: #008542; font: bold 11pt Times New Roman; margin-top: 6pt; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">25.3</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Earnings
                                            per share</FONT></TD></TR></TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Consolidated
    and Parent Company </B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 78%; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 11%; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>2023</B></FONT></TD>
    <TD STYLE="width: 11%; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>2022</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Jan-Mar</B></FONT></TD>
    <TD STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Jan-Mar</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>Basic
    and diluted denominator &ndash; Net income attributable to shareholders of Petrobras attributable equally between share classes</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>Net
    income of the period</B></FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Common
    </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">21,770</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">25,424</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Preferred</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">16,386</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">19,137</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">38,156</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">44,561</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>Basic
    and diluted denominator - Weighted average number of outstanding shares (number of shares)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Common
    </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">7,442,231,382</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">7,442,231,382</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Preferred</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">5,601,969,879</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">5,601,969,879</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">13,044,201,261</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">13,044,201,261</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>Basic
    and diluted earnings per share (R$ per share)</B></FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Common
    </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">2.93</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">3.42</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Preferred</FONT></TD>
    <TD STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">2.93</FONT></TD>
    <TD STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">3.42</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Basic
earnings per share are calculated by dividing the net income attributable to shareholders of Petrobras by the weighted average number
of outstanding shares during the period.</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Diluted
earnings per share are calculated by adjusting the net income attributable to shareholders of Petrobras and the weighted average number
of outstanding shares during the period taking into account the effects of all dilutive potential shares (equity instrument or contractual
arrangements that are convertible into shares).</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Basic
and diluted earnings are identical as the Company has no potentially dilutive shares.</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="color: #008542; font: bold 12pt Times New Roman; margin-top: 6pt; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A NAME="a_042"></A>26</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Risk
                                            management</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 6pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
Company presents a sensitivity analysis of factors relating to its corporate risk management process. The possible and remote scenarios
are related to events with low and very low probability of occurrence, respectively. The period of application of the sensitivity analysis
is one year, except for operations with commodity derivatives, for which a three-month period is applied, due to the short-term nature
of these transactions.</FONT></P>


<!-- Field: Page; Sequence: 49 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->48<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 9pt Times New Roman; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="border-bottom: Black 1pt solid; width: 100%"><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE FINANCIAL STATEMENTS</B></P><P STYLE="color: #008542; font: 9pt Times New Roman; margin: 0">PETROBRAS</P><DIV STYLE="padding: 0in 0in 1pt"> <P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">This interim financial information should be read together with the Company&rsquo;s audited annual financial statements</P><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">(Expressed in millions of reais, unless otherwise indicated)</P></DIV><P STYLE="font: italic 9pt Times New Roman; margin: 0"></P></TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="color: #008542; font: bold 11pt Times New Roman; margin-top: 6pt; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">26.1</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Derivative
                                            financial instruments</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 6pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
following tables present a summary of the positions held by the company as of March 31, 2023, recognized as other current assets and
liabilities, in addition to the amounts recognized in income, other comprehensive income for the period and guarantees given as collateral
by nature of the operations:</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="4" STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #006298"><B>Statement
    of Financial Position</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 45%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 11%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 11%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 11%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 11%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #006298"><B>Fair
    value</B></FONT></TD>
    <TD STYLE="width: 11%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #006298"><B>Notional
    value</B></FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #006298"><B>Asset
    Position (Liability)</B></FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #006298"><B>Maturity</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #006298"><B>03.31.2023</B></FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #006298"><B>12.31.2022</B></FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #006298"><B>03.31.2023</B></FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #006298"><B>12.31.2022</B></FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>Derivatives
    not designated for hedge accounting</B></FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>Future
    contracts - total (*)</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">2,514</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">683</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">19</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(209)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Long
    position/Crude oil and oil products</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">10,521</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">9,058</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">2023</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Short
    position/Crude oil and oil products</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(8,007)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(8,375)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">2023</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>Swap
    (**)</B></FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Long
    position/ Soybean oil </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">1</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">2023</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Short
    position/ Soybean oil</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(5)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(3)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">2</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(1)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">2023</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>Forward
    contracts </B></FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Long
    position/Foreign currency forwards (BRL/USD) (***)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">1</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">1</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">2023</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Short
    position/Foreign currency forwards (BRL/USD) (***)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(6)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">1</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">2023</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>Swap
    </B></FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-top: #F2F2F2 1pt solid; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Swap
    - CDI X IPCA</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">3,008</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">3,008</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">95</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(82)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">2029/2034</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Foreign
    currency / Cross-currency Swap (***)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">US$
    729</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">US$
    729</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(403)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(336)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">2024/2029</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #008542"><B>Total
    recognized in the Statement of Financial Position</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>(286)</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>(628)</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(*)
    Notional value in thousands of bbl.</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="6" STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(**)
    Notional value in thousands of tons (PBIO operations).</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="6" STYLE="padding-right: 3pt; padding-left: 3pt"><P STYLE="font: 7.5pt Times New Roman,sans-serif; margin: 0; color: #675C53"><FONT STYLE="font-family: Times New Roman, Times, Serif">(***)
    Amounts in US$ are presented in million.</FONT></P>
    <P STYLE="font: 7.5pt Times New Roman,sans-serif; margin: 0; color: #675C53"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>
    <P STYLE="font: 7.5pt Times New Roman,sans-serif; margin: 0; color: #675C53"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="background-color: white; padding-right: 3pt; padding-left: 3pt"><P STYLE="font: 7.5pt Times New Roman,sans-serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></P>
    <P STYLE="font: 7.5pt Times New Roman,sans-serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></P></TD>
    <TD COLSPAN="2" STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #006298"><B>Gains/
    (losses) recognized in the statement of income</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 74%; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 13%; padding-right: 3pt; padding-left: 3pt"><P STYLE="font: 7pt Times New Roman,sans-serif; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>2023</B></FONT></P>
    <P STYLE="font: 7pt Times New Roman,sans-serif; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Jan-Mar</B></FONT></P></TD>
    <TD STYLE="width: 13%; padding-right: 3pt; padding-left: 3pt"><P STYLE="font: 7pt Times New Roman,sans-serif; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>2022</B></FONT></P>
    <P STYLE="font: 7pt Times New Roman,sans-serif; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Jan-Mar</B></FONT></P></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>Commodity
    derivatives</B></FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Other
    commodity derivative transactions - Note 26.2 (a)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">410</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(282)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>Recognized
    in Other Income and Expenses</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>410</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>(282)</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>Currency
    derivatives</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Swap
    Pounds Sterling x Dollar </FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(158)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Swap
    CDI x Dollar - Note 26.3 (b)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">79</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">879</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Others</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(1)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(1)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>78</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>720</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>Interest
    rate derivatives</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Swap
    - CDI X IPCA </FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">35</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(19)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>35</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>(19)</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Cash
    flow hedge on exports -Note 26.3 (a)</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(5,992)</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(7,221)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>Recognized
    in Net finance income (expense)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>(5,879)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>(6,520)</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #008542"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>(5,469)</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>(6,802)</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Gains/
    (losses) recognized in other comprehensive income</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 82%; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>2023</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>2022</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Jan-Mar</B></FONT></TD>
    <TD STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Jan-Mar</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Cash
    flow hedge on exports - Note 26.3 (a)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">13,683</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">67,129</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3" STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3" STYLE="padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; color: red"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 3pt Calibri, Helvetica, Sans-Serif; margin: 0; color: #548DD4"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></P>


<!-- Field: Page; Sequence: 50 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->49<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 9pt Times New Roman; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="border-bottom: Black 1pt solid; width: 100%"><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE FINANCIAL STATEMENTS</B></P><P STYLE="color: #008542; font: 9pt Times New Roman; margin: 0">PETROBRAS</P><DIV STYLE="padding: 0in 0in 1pt"> <P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">This interim financial information should be read together with the Company&rsquo;s audited annual financial statements</P><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">(Expressed in millions of reais, unless otherwise indicated)</P></DIV><P STYLE="font: italic 9pt Times New Roman; margin: 0"></P></TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Guarantees
    given (received) as collateral</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 82%; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>03.31.2023</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>12.31.2022</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Commodity
    derivatives</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">108</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">499</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>108</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>499</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; color: red"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">A
sensitivity analysis of the derivative financial instruments for the different types of market risks as of March 31, 2023 is set out
as follows:</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: bold 6.5pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="4" STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Consolidated</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="font: bold 6.5pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Financial
    Instruments</FONT></TD>
    <TD COLSPAN="4" STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Risk</FONT></TD>
    <TD STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 6.5pt; color: #006298">Probable
    Scenario </FONT></TD>
    <TD STYLE="padding-right: 1.4pt"><P STYLE="font: bold 6.5pt Times New Roman; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">Possible</FONT></P>
    <P STYLE="font: bold 6.5pt Times New Roman; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">Scenario</FONT></P></TD>
    <TD STYLE="padding-right: 1.4pt"><P STYLE="font: bold 6.5pt Times New Roman; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">Remote</FONT></P>
    <P STYLE="font: bold 6.5pt Times New Roman; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">Scenario</FONT></P></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 37%; border-bottom: #F2F2F2 1pt solid; font: bold 6.5pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Derivatives
    not designated for hedge accounting</FONT></TD>
    <TD STYLE="width: 9%; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Future
    and Swap contracts</FONT></TD>
    <TD COLSPAN="4" STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">Crude
    oil and oil products - price changes</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(330)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(660)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Future
    and Swap contracts</FONT></TD>
    <TD COLSPAN="4" STYLE="border-bottom: #F2F2F2 1pt solid; font: 8pt Calibri, Helvetica, Sans-Serif; padding-right: 1.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Soy
    oil - price changes</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(1)</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>&#8722;</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>(330)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>(661)</B></FONT></TD></TR>
  </TABLE>
<P STYLE="color: red; font: bold 3pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 6.5pt Courier New, Courier, Monospace; margin: 0; color: #675C53"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 12pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-weight: normal">The
probable scenario uses references external to the Company, widely used in the pricing of cargo in the oil, oil products and natural gas
market, which take into account the closing price of the asset on March 31, 2023, and therefore, it is considered that there is no variation
in the result of open operations in this scenario. The possible and remote scenarios reflect the potential effect on the result of outstanding
transactions, considering a variation in the closing price of 20% and 40%, respectively. To simulate the most unfavorable scenarios,
the variation was applied to each product group according to the position of open operations: price drop for long positions and high
for short positions.</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="color: #008542; font: bold 11pt Times New Roman; margin-top: 12pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">26.2</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Risk
                                            management of crude oil and oil products prices</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Petrobras
prefers exposure to the price cycle to the systematic performance of protection of operations of purchase or sale of goods, whose objective
is to meet its operational needs, with the use of derivative financial instruments. However, subject to the analysis of the business
environment and the prospects for carrying out the Strategic Plan, the execution of an occasional hedging strategy with derivatives may
be applicable.</FONT></P>

<P STYLE="color: #008542; font: bold 11pt Times New Roman; margin: 12pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">a)
Other commodity derivative transactions</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Petrobras,
using its assets, positions and proprietary and market knowledge from its operations in Brazil and abroad, seeks to capture market opportunities
through the purchase and sale of oil and oil products, which can occasionally be optimized with the use of commodity derivative instruments
to manage price risk in a safe and controlled manner.</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="color: #008542; font: bold 11pt Times New Roman; margin-top: 12pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">26.3</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Foreign
                                            exchange risk management</FONT></TD></TR></TABLE>

<P STYLE="color: #008542; font: bold 11pt Times New Roman; margin: 12pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">a)
Cash Flow Hedge involving the Company&rsquo;s future exports</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
reference values, at present value, of the hedging instruments as of March 31, 2023, in addition to the expectation of reclassification
to the statement of income of the balance of exchange variation accumulated in shareholders' equity in future periods, based on a rate
of R$/US$ of 5.0804, are shown below:</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD COLSPAN="2" STYLE="padding-right: 3pt; padding-left: 3pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="padding-right: 3pt; padding-left: 3pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="padding-right: 3pt; padding-left: 3pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 3pt; padding-left: 3pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="vertical-align: bottom; padding-right: 3pt; padding-left: 3pt"><P STYLE="font: 7pt Times New Roman,sans-serif; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Present
    value of hedging instrument at</B></FONT></P>
    <P STYLE="font: 7pt Times New Roman,sans-serif; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>03.31.2023</B></FONT></P></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Hedging
    Instrument</B></FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Hedged
    Transactions</B></FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt"><P STYLE="font: bold 7pt Times New Roman; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">Nature</FONT></P>
    <P STYLE="font: 7pt Times New Roman,sans-serif; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>of
    the Risk</B></FONT></P></TD>
    <TD COLSPAN="2" STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt"><P STYLE="font: bold 7pt Times New Roman; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">Maturity</FONT></P>
    <P STYLE="font: 7pt Times New Roman,sans-serif; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Date</B></FONT></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3pt; padding-left: 3pt"><P STYLE="font: 7pt Times New Roman,sans-serif; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>US$
    </B></FONT></P>
    <P STYLE="font: 7pt Times New Roman,sans-serif; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>million</B></FONT></P></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>R$</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Foreign
    exchange gains and losses on proportion of non-derivative financial instruments cash flows</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Foreign
    exchange gains and losses of highly probable future monthly exports&nbsp;&nbsp;revenues</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><P STYLE="font: 7pt Times New Roman,sans-serif; margin: 0; text-align: right; color: #675C53"><FONT STYLE="font-family: Times New Roman, Times, Serif">Foreign
    Currency</FONT></P>
    <P STYLE="font: 7pt Times New Roman,sans-serif; margin: 0; text-align: right; color: #675C53"><FONT STYLE="font-family: Times New Roman, Times, Serif">&ndash;
    Real vs U.S. Dollar</FONT></P>
    <P STYLE="font: 7pt Times New Roman,sans-serif; margin: 0; text-align: right; color: #675C53"><FONT STYLE="font-family: Times New Roman, Times, Serif">Spot
    Rate</FONT></P></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">From
    Apr/2023 to Mar/2033</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">61,711</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">313,516</FONT></TD></TR>
  <TR>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; background-color: white; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR>
    <TD STYLE="width: 32%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 22%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 11%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 11%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 8%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  </TABLE>
<P STYLE="color: red; font: bold 3pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="color: #548DD4; font: bold 3pt Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 51 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->50<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 9pt Times New Roman; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="border-bottom: Black 1pt solid; width: 100%"><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE FINANCIAL STATEMENTS</B></P><P STYLE="color: #008542; font: 9pt Times New Roman; margin: 0">PETROBRAS</P><DIV STYLE="padding: 0in 0in 1pt"> <P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">This interim financial information should be read together with the Company&rsquo;s audited annual financial statements</P><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">(Expressed in millions of reais, unless otherwise indicated)</P></DIV><P STYLE="font: italic 9pt Times New Roman; margin: 0"></P></TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 82%; padding-right: 7.1pt; font: bold 6.5pt Times New Roman"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Changes
    in the present value of hedging instrument (principal and interest)</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">US$
    million</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">R$</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Amounts
    designated as of December 31, 2022</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">62,119</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">324,121</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Additional
    hedging relationships designated, designations revoked and hedging instruments re-designated</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">6,035</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">31,083</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Exports
    affecting the statement of income</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(1,792)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(9,264)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Principal
    repayments / amortization</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(4,651)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(24,223)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Foreign
    exchange variation&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(8,201)</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #008542"><B>Amount
    on March 31, 2023</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>61,711</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>313,516</B></FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #008542"><B>Nominal
    value of hedging instrument (finance debt and lease liability) on March 31, 2023</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>71,293</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>362,195</B></FONT></TD></TR>
  </TABLE>
<P STYLE="color: red; font: bold 3pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="color: #548DD4; font: bold 3pt Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">.</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">In
the period from January to March 2023, an exchange loss of R$510 was recognized referring to the ineffectiveness in the exchange variation
line (exchange gain of R$125 in the same period in 2022).</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Future
exports designated as hedged items in cash flow hedge relationships represent, on average, 48.13% of highly probable future exports.</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
movement in the exchange variation accumulated in other comprehensive income as of March 31, 2023, to be realized by future exports,
is shown below:</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="vertical-align: bottom; width: 70%; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 10%; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>&#9;Exchange
    rate variation</B></FONT></TD>
    <TD STYLE="width: 10%; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>&#9;Tax
    effect</B></FONT></TD>
    <TD STYLE="width: 10%; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>Total</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>Balance
    at December 31, 2022</B></FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(70,089)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">23,831</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(46,258)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Recognized
    in Shareholders&rsquo; Equity</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">7,691</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(2,615)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">5,076</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Reclassified
    to the statement of income - occurred exports</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">5,992</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(2,037)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">3,955</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #008542"><B>Balance
    at March 31, 2023</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>(56,406)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>19,179</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>(37,227)</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="vertical-align: bottom; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>&#9;Exchange
    rate variation</B></FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>&#9;Tax
    effect</B></FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>Total</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>Balance
    at December 31, 2021</B></FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(123,622)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">42,034</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(81,588)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Recognized
    in Shareholders&rsquo; Equity</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">59,908</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(20,369)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">39,539</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Reclassified
    to the statement of income - occurred exports</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">7,221</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(2,455)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; background-color: white; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">4,766</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #008542"><B>Balance
    at March 31, 2022</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>(56,493)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>19,210</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>(37,283)</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Changes
in expectations of realization of export prices and volumes in future reviews of business plans may determine the need for additional
reclassifications of accumulated exchange variation in shareholders' equity to the statement of income. A sensitivity analysis with an
average Brent oil price lower in US$ 10/barrel than considered in the last revision of the Strategic Plan 2023-2027, would not indicate
the need to reclassify the exchange variation from the shareholders&rsquo; equity to the statement of income.</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
annual expectation of realization of the exchange variation balance accumulated in shareholders' equity as of March 31, 2023 is shown
below:</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; font: bold 6.5pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="9" STYLE="vertical-align: bottom; font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Consolidated</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD COLSPAN="2" STYLE="padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>2023</B></FONT></TD>
    <TD STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>2024</B></FONT></TD>
    <TD STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>2025</B></FONT></TD>
    <TD STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>2026</B></FONT></TD>
    <TD STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>2027</B></FONT></TD>
    <TD STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>2028</B></FONT></TD>
    <TD STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>2029
    to 2032</B></FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Total</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Expected
    realization</FONT></TD>
    <TD STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(13,703)</FONT></TD>
    <TD STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(13,959)</FONT></TD>
    <TD STYLE="padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(8,453)</FONT></TD>
    <TD STYLE="padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(6,911)</FONT></TD>
    <TD STYLE="padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(7,710)</FONT></TD>
    <TD STYLE="padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(5,052)</FONT></TD>
    <TD STYLE="padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(618)</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 1.4pt; padding-left: 7.1pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(56,406)</FONT></TD></TR>
  <TR>
    <TD STYLE="width: 25%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 3%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 8%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  </TABLE>
<P STYLE="color: red; font: bold 3pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="color: #548DD4; font: bold 3pt Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="color: #008542; font: bold 11pt Times New Roman; margin: 12pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">b)
Information on ongoing contracts</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">As
of March 31, 2023, the company has swap contracts - IPCA x CDI and CDI x Dollar outstanding.</FONT></P>

<P STYLE="color: #008542; font: bold 10pt Times New Roman; margin: 12pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Swap
contracts &ndash; IPCA x CDI and CDI x Dollar</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">In
2019, Petrobras entered into derivative operations with the objective of protecting itself from exposure arising from the 1st series
of the 7th issue of debentures, with IPCA x CDI interest swap operations, maturing in September 2029 and September 2034, and operations
of cross-currency swap CDI x Dollar, with maturities in September 2024 and September 2029.</FONT></P>


<!-- Field: Page; Sequence: 52 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->51<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 9pt Times New Roman; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="border-bottom: Black 1pt solid; width: 100%"><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE FINANCIAL STATEMENTS</B></P><P STYLE="color: #008542; font: 9pt Times New Roman; margin: 0">PETROBRAS</P><DIV STYLE="padding: 0in 0in 1pt"> <P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">This interim financial information should be read together with the Company&rsquo;s audited annual financial statements</P><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">(Expressed in millions of reais, unless otherwise indicated)</P></DIV><P STYLE="font: italic 9pt Times New Roman; margin: 0"></P></TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">In
July 2022, the first debenture repurchase plan was approved, authorizing the acquisition of these securities to be held in treasury or
resold. Until March 31, 2023, only an immaterial amount of this debt was repurchased. The position in derivative contracts of IPCA x
CDI and CDI x Dollar remains unchanged.</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Changes
in future interest rate curves (CDI) may impact the company's results, due to the market value of these swap contracts. In preparing
the sensitivity analysis on future interest rate curves, the parallel shock on this curve was estimated based on the average maturity
of swaps and the methodology on the horizon of application of sensitivity, presented above. For the possible and remote scenarios, the
impacts of variations of 40% (500 BP &ndash; basis points) and 80% (1000 BP), respectively, on future interest rate curves were estimated.
The effects of this sensitivity analysis, keeping all other variables constant, are shown in the table below:</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="vertical-align: bottom; width: 82%; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #006298"><B>Possible
    Result</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #006298"><B>Remote
    Result</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">SWAP
    foreign currency (IPCA x USD)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(52)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(99)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
methodology used to calculate the fair value of this swap operation consists of calculating the future value of the operations, using
rates agreed in each contract and the projections of the forward curves, IPCA coupon and foreign exchange coupon, discounting to present
value using the risk-free rate. Curves are obtained from Bloomberg based on forward contracts traded in stock exchanges.</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
mark-to-market is adjusted to the credit risk of the financial institutions, which is not relevant in terms of financial volume, since
the Company deals in contracts with highly rated banks.</FONT></P>

<P STYLE="color: #008542; font: bold 11pt Times New Roman; margin: 12pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">c)
Sensitivity analysis for foreign exchange risk on financial instruments</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
scenario considered probable is referenced by an external source, Focus and Thomson Reuters, based on the exchange rate forecast for
the close of the next quarter. The possible and remote scenarios have the same references and consider the appreciation of the exchange
rate at the end of the quarter (risk) at 20% and 40%, respectively, with the exception of the balances of assets and liabilities in foreign
currency of subsidiaries abroad, when carried out in currency equivalent to their respective functional currencies. These analyzes cover
only the exchange rate variation and keep all other variables constant.</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: bold 6.5pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 55%; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Financial
    Instruments</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Exposure
    at&nbsp;&nbsp;&nbsp;03.31.2023</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Risk</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Probable
    Scenario (*)</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt"><P STYLE="font: bold 7pt Times New Roman; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">Reasonably
    possible</FONT></P>
    <P STYLE="font: 7pt Times New Roman,sans-serif; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>scenario
    </B></FONT></P></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt"><P STYLE="font: bold 7pt Times New Roman; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">Remote</FONT></P>
    <P STYLE="font: 7pt Times New Roman,sans-serif; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Scenario
    </B></FONT></P></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Assets
    </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">38,160</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Dollar
    / Real</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">1,274</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">7,632</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">15,264</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Liabilities
    </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(489,286)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(16,334)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(97,857)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(195,714)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Exchange
    rate - Cross currency swap</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(3,008)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(100)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(602)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(1,203)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Cash
    flow hedge on exports</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">313,516</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">10,466</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">62,703</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">125,406</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(140,618)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(4,694)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(28,124)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(56,247)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Assets
    </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">4,841</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Euro
    / Dollar</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">151</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">968</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">1,936</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Liabilities
    </FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(9,522)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(297)</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(1,904)</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(3,809)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(4,681)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(146)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(936)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(1,873)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Assets
    </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">7,665</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Pound
    Sterling/ Dollar</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">149</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">1,533</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">3,066</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Liabilities
    </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(14,777)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(286)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(2,955)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(5,911)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(7,112)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(137)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(1,422)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(2,845)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Assets
    </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">9</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Pound
    Sterling / Real</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">2</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">4</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Liabilities
    </FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(164)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(9)</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(33)</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(66)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(155)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(9)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(31)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(62)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Assets
    </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">22</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Euro
    / Real</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">1</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">4</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">9</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Liabilities
    </FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(65)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(4)</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(13)</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(26)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(43)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(3)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(9)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(17)</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #008542"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>(152,609)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>(4,989)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>(30,522)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>(61,044)</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="6" STYLE="padding-right: 1.4pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">(*)
    The probable scenario was computed based on the following risks:&nbsp;&nbsp;Real x U.S. Dollar - a 3,34% depreciation of the Real;&nbsp;&nbsp;Euro
    x Dollar: a 3% appreciation of the Euro; Pound Sterling x U.S. Dollar: a 1.88% appreciation of the Pound Sterling; Real x Euro: a
    6.5% depreciation of the Real; and Real x Pound Sterling - a 5.3% depreciation of the Real. Source: Focus and Thomson Reuters.</FONT></TD></TR>
  </TABLE>
<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="color: #008542; font: bold 11pt Times New Roman; margin-top: 12pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">26.4</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Interest
                                            rate risk management</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0"></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
company preferentially does not use derivative financial instruments to manage exposure to interest rate fluctuations, as they do not
cause material impacts, except in specific situations presented by Petrobras subsidiaries.</FONT></P>


<!-- Field: Page; Sequence: 53 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->52<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 9pt Times New Roman; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="border-bottom: Black 1pt solid; width: 100%"><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE FINANCIAL STATEMENTS</B></P><P STYLE="color: #008542; font: 9pt Times New Roman; margin: 0">PETROBRAS</P><DIV STYLE="padding: 0in 0in 1pt"> <P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">This interim financial information should be read together with the Company&rsquo;s audited annual financial statements</P><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">(Expressed in millions of reais, unless otherwise indicated)</P></DIV><P STYLE="font: italic 9pt Times New Roman; margin: 0"></P></TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
interest rate risk sensitivity analysis is performed for a 12-month horizon. The values &#8203;&#8203;referring to the possible and remote
scenarios mean the total floating interest expense in the event of a variation of 40% and 80% in these interest rates, respectively,
keeping all other variables constant.</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
following table informs, in the probable scenario, the amount to be disbursed by Petrobras with the payment of interest related to debts
with floating interest rate on March 31, 2023.</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: bold 6.5pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Consolidated</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 73%; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #006298">Risk</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #006298"><B>Probable
    Scenario (*)</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt"><P STYLE="font: bold 7.5pt Times New Roman; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">Reasonably
    possible</FONT></P>
    <P STYLE="font: 7.5pt Times New Roman,sans-serif; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>scenario
    </B></FONT></P></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt"><P STYLE="font: 7.5pt Times New Roman,sans-serif; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Remote</B></FONT></P>
    <P STYLE="font: 7.5pt Times New Roman,sans-serif; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Scenario
    </B></FONT></P></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">LIBOR
    3M</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">59</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">77</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">94</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">LIBOR
    6M</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">3,292</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">4,609</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">5,926</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">SOFR
    3M (**)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">353</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">482</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">612</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">SOFR
    6M (**)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">52</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">73</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">94</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">CDI</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">842</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">1,179</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">1,515</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">TJLP</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">363</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">508</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">653</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">IPCA</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">479</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">670</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">862</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>5,440</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>7,598</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>9,756</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="4" STYLE="padding-right: 7.1pt"><P STYLE="font: 6.5pt Times New Roman; margin: 0; text-align: justify; color: #675C53"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">(*)
    The probable scenario was calculated considering the quotations of currencies and floating rates to which the debts are indexed</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">.</FONT></P>
    <P STYLE="font: 6.5pt Times New Roman; margin: 0; text-align: justify; color: #675C53"><FONT STYLE="font-family: Times New Roman, Times, Serif">(**)
    Represents the Secured Overnight Funding Rate.</FONT></P></TD></TR>
  </TABLE>
<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="color: #008542; font: bold 11pt Times New Roman; margin-top: 12pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">26.5</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Liquidity
                                            risk management</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
possibility of insufficient cash or other financial assets to settle obligations on the scheduled dates is managed by the company. In
Petrobras' individual interim financial information for the period ended March 31, 2023, net working capital was negative, mainly due
to transactions with subsidiaries, as per explanatory note 27. In the same period, considering the integrated cash view, the net working
capital was positive in the consolidated interim financial information.</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
company regularly assesses market conditions and may carry out repurchase transactions of its securities or those of its subsidiaries
in the international capital markets, by various means, including repurchase offers, securities redemptions and/or open market operations,
provided that they are in line with the company's liability management strategy, which aims to improve the amortization profile and the
cost of debt.</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="color: #008542; font: bold 11pt Times New Roman; margin-top: 12pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">26.6</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Fair
                                            value of financial assets and liabilities</FONT></TD></TR></TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 56%; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 11%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>Level
    I</B></FONT></TD>
    <TD STYLE="width: 11%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>Level
    II</B></FONT></TD>
    <TD STYLE="width: 11%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #006298"><B>Level
    III</B></FONT></TD>
    <TD STYLE="width: 11%; padding-right: 3pt; padding-left: 3pt"><P STYLE="font: 8pt Times New Roman,sans-serif; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Total
    fair </B></FONT></P>
    <P STYLE="font: 8pt Times New Roman,sans-serif; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>value</B></FONT></P>
    <P STYLE="font: 8pt Times New Roman,sans-serif; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>recorded
    </B></FONT></P></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.75pt solid; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53"><B>Assets
    </B></FONT></TD>
    <TD STYLE="border-right: white 2.75pt solid; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.75pt solid; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.75pt solid; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.75pt solid; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Commodity
    derivatives</FONT></TD>
    <TD STYLE="border-right: white 2.75pt solid; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">19</FONT></TD>
    <TD STYLE="border-right: white 2.75pt solid; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">2</FONT></TD>
    <TD STYLE="border-right: white 2.75pt solid; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-right: white 2.75pt solid; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">21</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.75pt solid; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Foreign
    currency derivatives</FONT></TD>
    <TD STYLE="border-right: white 2.75pt solid; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-right: white 2.75pt solid; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">1</FONT></TD>
    <TD STYLE="border-right: white 2.75pt solid; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-right: white 2.75pt solid; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">1</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.75pt solid; border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Interest
    rate derivatives </FONT></TD>
    <TD STYLE="border-right: white 2.75pt solid; border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-right: white 2.75pt solid; border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">95</FONT></TD>
    <TD STYLE="border-right: white 2.75pt solid; border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">95</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #008542"><B>Balance
    at March 31, 2023</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>19</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>98</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>&#8722;</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>117</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #008542"><B>Balance
    at December 31, 2022</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>&#8722;</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>&#8722;</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>&#8722;</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>&#8722;</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.75pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53"><B>Liabilities</B></FONT></TD>
    <TD STYLE="border-right: white 2.75pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.75pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-right: white 2.75pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.75pt solid; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Foreign
    currency derivatives</FONT></TD>
    <TD STYLE="border-right: white 2.75pt solid; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-right: white 2.75pt solid; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(403)</FONT></TD>
    <TD STYLE="border-right: white 2.75pt solid; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-right: white 2.75pt solid; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(403)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #008542"><B>Balance
    at March 31, 2023</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>&#8722;</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>(403)</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>&#8722;</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>(403)</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #008542"><B>Balance
    at December 31, 2022</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>(209)</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>(419)</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>&#8722;</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>(628)</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  </TABLE>
<P STYLE="color: red; font: bold 3pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="color: #548DD4; font: bold 3pt Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
fair value of other financial assets and liabilities is presented in the respective notes: 3 &ndash; Marketable securities; 9 &ndash;
Trade and other receivables; and 23 &ndash; Finance debt (estimated amount).</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
fair values of cash and cash equivalents, current debt and other financial assets and liabilities are equivalent or do not differ significantly
from their carrying amounts.</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="color: #008542; font: bold 12pt Times New Roman; margin-top: 12pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A NAME="a_043"></A>27</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Related-party
                                            transactions</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
company has a policy on Transactions with Related Parties that is reviewed and approved annually by the Board of Directors, as provided
for in Petrobras' Bylaws.</FONT></P>


<!-- Field: Page; Sequence: 54 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->53<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 9pt Times New Roman; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="border-bottom: Black 1pt solid; width: 100%"><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE FINANCIAL STATEMENTS</B></P><P STYLE="color: #008542; font: 9pt Times New Roman; margin: 0">PETROBRAS</P><DIV STYLE="padding: 0in 0in 1pt"> <P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">This interim financial information should be read together with the Company&rsquo;s audited annual financial statements</P><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">(Expressed in millions of reais, unless otherwise indicated)</P></DIV><P STYLE="font: italic 9pt Times New Roman; margin: 0"></P></TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
policy also aims to ensure adequate and diligent decision-making by the company's management.</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="color: #008542; font: bold 11pt Times New Roman; margin-top: 12pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">27.1</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Commercial
                                            transactions per operation with investees (Parent Company)</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="font: bold 6.5pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">03.31.2023</FONT></TD>
    <TD COLSPAN="3" STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">12.31.2022</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 46%; padding-right: 7.1pt; font: bold 6.5pt Times New Roman"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Current</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Non-current
    </FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Total</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Current</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Non-current
    </FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Total</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; font: bold 6.5pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Assets</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#9;</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Trade
    and other receivables</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#9;</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&nbsp;Trade
    and other receivables, mainly from sales</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">25,072</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">25,072</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">26,388</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">26,388</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&nbsp;Dividends
    receivable</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">78</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">78</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">94</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">94</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&nbsp;Amounts
    related to construction of gas pipeline</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">786</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">786</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">820</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">820</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&nbsp;Other
    operations<SUP>&nbsp;</SUP></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">31</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">206</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">237</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">678</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">200</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">878</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Advances
    to suppliers</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">652</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1,880</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">2,532</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">614</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">2,010</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">2,624</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="vertical-align: top; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #008542"><B>Total
    </B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>25,833</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>2,872</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>28,705</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>27,774</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>3,030</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>30,804</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; font: bold 6.5pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Liabilities</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Lease
    liabilities (*)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(2,099)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(4,335)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(6,434)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(2,113)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(4,630)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(6,743)</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Mutual
    operations</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(350)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(67,877)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(68,227)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(1,093)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(52,569)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(53,662)</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Prepayment
    of exports</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(86,611)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(195,732)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(282,343)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(76,192)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(231,206)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(307,398)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Accounts
    payable to suppliers</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(12,687)</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(12,687)</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(13,455)</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(13,455)</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&nbsp;Purchases
    of crude oil, oil products and others</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(8,828)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(8,828)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(9,471)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(9,471)</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&nbsp;Affreightment
    of platforms</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(286)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(286)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(365)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(365)</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&nbsp;Advances
    from clients</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(3,594)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(3,594)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(3,614)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(3,614)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other
    operations</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">21</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">21</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(5)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(5)</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="vertical-align: top; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #008542"><B>Total</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>(101,747)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>(267,944)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>(369,691)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>(92,853)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>(288,405)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>(381,258)</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 6.5pt Times New Roman,sans-serif; margin: 0; color: #675C53"><FONT STYLE="font-family: Times New Roman, Times, Serif">(*)
Includes amounts referring to lease and sub-lease transactions between investees required by IFRS 16 / CPC 06 (R2) - Leases.</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: bold 6.5pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 1.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 64%; padding-right: 7.1pt; font: bold 6.5pt Times New Roman"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt"><P STYLE="font: bold 7pt Times New Roman; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">2023</FONT></P>
    <P STYLE="font: bold 7pt Times New Roman; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">Jan-Mar</FONT></P></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt"><P STYLE="font: bold 7pt Times New Roman; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">2022</FONT></P>
    <P STYLE="font: bold 7pt Times New Roman; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">Jan-Mar</FONT></P></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; font: bold 6.5pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Result</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Revenues,
    mainly sales revenues</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">29,962</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">39,383</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Foreign
    exchange and inflation indexation charges, net</FONT> <FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(**)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(1,219)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">6,009</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #675C53">Finance
    income (expenses), net</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&nbsp;&nbsp;(**)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(6,161)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(5,224)</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #008542"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>22,582</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>40,168</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="5" STYLE="font: 6.5pt Times New Roman; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(**)
    Includes the amounts of R$ 39 of active exchange variation and R$ 130 of financial expenses related to leasing and subleasing operations
    required by IFRS 16 / CPC 06 (R2) (R$ 344 of active exchange variation and R$ 160 of financial expense for the period from January
    to March 2022).</FONT></TD></TR>
  </TABLE>
<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="color: #008542; font: bold 11pt Times New Roman; margin-top: 12pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">27.2</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Annual
                                            interest rates for loan operations</FONT></TD></TR></TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Parent
    Company</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 82%; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Liability</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>03.31.2023</B></FONT></TD>
    <TD STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>12.31.2022</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">De
    7.01 to 8%</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(55,587)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(53,662)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">De
    8.01 to 9%</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(12,640)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">&#8722;</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #008542"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>(68,227)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>(53.662)</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3" STYLE="padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  </TABLE>
<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="color: #008542; font: bold 11pt Times New Roman; margin-top: 6pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">27.3</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Non-standardized
                                            credit rights investment fund (FIDC-NP)</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
parent company maintains funds invested in the FIDC-NP that are mainly used for the acquisition of performing and / or non-performing
credit rights for operations carried out by affiliates. The amounts invested are recorded in accounts receivable.</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 6pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Assignments
of credit rights, performed and not performed, are recorded as financing in current liabilities.</FONT></P>

<P STYLE="color: red; font: bold 3pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="color: #548DD4; font: bold 3pt Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: bold 6.5pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Parent
    Company</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 82%; padding-right: 7.1pt; font: bold 6.5pt Times New Roman"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">03.31.2023</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">12.31.2022</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Accounts
    receivable, net</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">37,691</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">40,007</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Credit
    rights assignments</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(30,444)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(36,541)</FONT></TD></TR>
  </TABLE>
<P STYLE="color: #548DD4; font: bold 3pt Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 55 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->54<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 9pt Times New Roman; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="border-bottom: Black 1pt solid; width: 100%"><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE FINANCIAL STATEMENTS</B></P><P STYLE="color: #008542; font: 9pt Times New Roman; margin: 0">PETROBRAS</P><DIV STYLE="padding: 0in 0in 1pt"> <P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">This interim financial information should be read together with the Company&rsquo;s audited annual financial statements</P><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">(Expressed in millions of reais, unless otherwise indicated)</P></DIV><P STYLE="font: italic 9pt Times New Roman; margin: 0"></P></TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: bold 6.5pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 1.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 64%; padding-right: 7.1pt; font: bold 6.5pt Times New Roman"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt"><P STYLE="font: bold 7pt Times New Roman; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">2023</FONT></P>
    <P STYLE="font: bold 7pt Times New Roman; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">Jan-Mar</FONT></P></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt"><P STYLE="font: bold 7pt Times New Roman; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">2022</FONT></P>
    <P STYLE="font: bold 7pt Times New Roman; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">Jan-Mar</FONT></P></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Financial
    Income FIDC-NP</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1,285</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1,050</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Financial
    Expenses FIDC-NP</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(1,119)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(746)</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #008542"><B>Net
    finance income (expense)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>166</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>304</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="5" STYLE="font: 4pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  </TABLE>
<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="color: #008542; font: bold 11pt Times New Roman; margin-top: 12pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">27.4</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Guarantees</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Petrobras
has the procedure of granting guarantees to its equity interests for certain financial operations carried out in Brazil and abroad. The
financial operations carried out by these equity interests and guaranteed by Petrobras present a balance of R$ 109,916 to be settled
on March 31, 2023 (R$ 113,815 on December 31, 2022).</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
guarantees offered by Petrobras, mainly personal, non-remunerated, are based on contractual clauses that support financial transactions
between subsidiaries/controlled companies and third parties, guaranteeing the assumption of compliance with a third party's obligation,
if the original debtor fails to do so.</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="color: #008542; font: bold 11pt Times New Roman; margin-top: 12pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">27.5</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Transactions
                                            with joint ventures, associates, government entities and pension plans</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
company does, and expects to continue to do, business in the normal course of various transactions with its joint ventures, affiliates,
pension funds, as well as with its controlling shareholder, the Brazilian federal government, which includes transactions with banks
and other entities under its control, such as financing and banking services, asset management and others.</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Significant
transactions resulted in the following balances:</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: bold 6.5pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Consolidated</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="font: bold 6.5pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">03.31.2023</FONT></TD>
    <TD COLSPAN="2" STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">12.31.2022</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 64%; padding-right: 7.1pt; font: bold 6.5pt Times New Roman"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Asset</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Liability</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Asset</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Liability</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: bold 6.5pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Joint
    ventures and associates</FONT></TD>
    <TD STYLE="font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#9;</FONT></TD>
    <TD STYLE="font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#9;</FONT></TD>
    <TD STYLE="font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#9;</FONT></TD>
    <TD STYLE="font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#9;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 7.5pt Times New Roman; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Petrochemical
    companies (associates)</FONT></TD>
    <TD STYLE="font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">94</FONT></TD>
    <TD STYLE="font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">35</FONT></TD>
    <TD STYLE="font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">109</FONT></TD>
    <TD STYLE="font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">52</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Other
    associates and joint ventures</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">379</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">9</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">377</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">111</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>Subtotal</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>473</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>44</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>486</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>163</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: bold 6.5pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Brazilian
    government </FONT></TD>
    <TD STYLE="font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Government
    bonds</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">8,669</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">8,812</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Banks
    controlled by the Brazilian Government</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">64,252</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">6,436</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">61,625</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">8,178</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 7.5pt Times New Roman; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Petroleum
    and alcohol account - receivables from the Brazilian Government</FONT></TD>
    <TD STYLE="font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">3,198</FONT></TD>
    <TD STYLE="font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">3,143</FONT></TD>
    <TD STYLE="font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 7.5pt Times New Roman; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Federal
    Government (*)</FONT></TD>
    <TD STYLE="font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1,559</FONT></TD>
    <TD STYLE="font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">7,419</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 7.5pt Times New Roman; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Pr&eacute;-Sal
    Petr&oacute;leo S.A. &ndash; PPSA</FONT></TD>
    <TD STYLE="font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">274</FONT></TD>
    <TD STYLE="font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">296</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Others</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">818</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">185</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">306</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">371</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>Subtotal</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>76,937</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>8,454</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>73,886</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>16,264</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Petros</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">396</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">982</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">290</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1,569</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #008542"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>77,806</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>9,480</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>74,662</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>17,996</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Current
    assets</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">13,045</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">2,646</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">13,583</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">11,055</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Non-current
    assets</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">64,761</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">6,834</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">61,079</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">6,941</FONT></TD></TR>
  </TABLE>
<P STYLE="color: red; font: bold 3pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="color: #548DD4; font: bold 3pt Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 6.5pt Times New Roman,sans-serif; margin: 0; text-align: justify; color: #675C53"><FONT STYLE="font-family: Times New Roman, Times, Serif">(*)
Includes lease amounts.</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
effect on the result of significant transactions is presented below:</FONT></P>


<!-- Field: Page; Sequence: 56 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->55<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 9pt Times New Roman; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="border-bottom: Black 1pt solid; width: 100%"><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE FINANCIAL STATEMENTS</B></P><P STYLE="color: #008542; font: 9pt Times New Roman; margin: 0">PETROBRAS</P><DIV STYLE="padding: 0in 0in 1pt"> <P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">This interim financial information should be read together with the Company&rsquo;s audited annual financial statements</P><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">(Expressed in millions of reais, unless otherwise indicated)</P></DIV><P STYLE="font: italic 9pt Times New Roman; margin: 0"></P></TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: bold 6.5pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Consolidated</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="font: bold 6.5pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 1.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 64%; padding-right: 7.1pt; font: bold 6.5pt Times New Roman"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt"><P STYLE="font: bold 7pt Times New Roman; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">2023</FONT></P>
    <P STYLE="font: bold 7pt Times New Roman; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">Jan-Mar</FONT></P></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt"><P STYLE="font: bold 7pt Times New Roman; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">2022</FONT></P>
    <P STYLE="font: bold 7pt Times New Roman; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">Jan-Mar</FONT></P></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: bold 6.5pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Joint
    ventures and associates</FONT></TD>
    <TD STYLE="font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 7.5pt Times New Roman; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">State-controlled
    gas distributors (*)</FONT></TD>
    <TD STYLE="font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">3,002</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Petrochemical
    companies </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">4,618</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">5,882</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Other
    associates and joint ventures</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">45</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">153</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>Subtotal</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>4,663</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>9,037</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: bold 6.5pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Brazilian
    government </FONT></TD>
    <TD STYLE="font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Government
    bonds</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">275</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">220</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Banks
    controlled by the Brazilian Government</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">33</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">109</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Petroleum
    and alcohol account - receivables from the Brazilian Government </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">55</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">97</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Brazilian
    Government </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(88)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Pr&eacute;-Sal
    Petr&oacute;leo S.A. &ndash; PPSA</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(564)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(203)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Others</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(200)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">61</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>Subtotal</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>(489)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>284</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Petros</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(23)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #008542"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>4,151</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>9,321</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Revenues,
    mainly sales revenues</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">4,647</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">9,312</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Purchases
    and services</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">8</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">22</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Operating
    income and expense</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(768)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(463)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Foreign
    exchange and inflation indexation charges, net</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">(221)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">65</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Finance
    income (expenses), net</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">485</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">385</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #008542"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>4,151</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>9,321</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="5" STYLE="font: 6.5pt Times New Roman; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #675C53">(*)
    In July 2022, the Company disposed its entire interest in Gaspetro.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Liabilities
with pension plans of the company's employees and managed by Funda&ccedil;&atilde;o Petros, which include debt instruments, are presented
in note 13.</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="color: #008542; font: bold 11pt Times New Roman; margin-top: 12pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">27.6</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Compensation
                                            of key management personnel</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 6pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
total remuneration of the members of the Board of Directors and Executive Board of Petrobras Holding are based on the guidelines established
by the Secretariat for Coordination and Governance of State Companies - SEST, of the Ministry of Management and Innovation in Public
Services, and by the Ministry of Mines and Energy and are presented below:</FONT></P>

<P STYLE="color: #006298; font: bold 7pt Times New Roman,sans-serif; margin: 0; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">Parent
Company</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="font: bold 6.5pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Jan-Mar/2023</FONT></TD>
    <TD COLSPAN="3" STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Jan-Mar/2022</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 46%; padding-right: 7.1pt; font: bold 6.5pt Times New Roman"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Officers</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Board
    Members</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Total</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Officers</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Board
    Members</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Total</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Wages
    and short-term benefits</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">3.6</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">0.2</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">3.8</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">3.8</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">0.1</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">3.9</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Social
    security and other employee-related taxes</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1.0</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1.0</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1.1</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1.1</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Post-employment
    benefits (pension plan)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">0.3</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">0.3</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">0.3</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">0.3</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Benefits
    due to termination of tenure</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">0.3</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">0.3</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#8722;</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="vertical-align: top; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #008542"><B>Total
    compensation recognized in the statement of income</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>5.2</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>0.2</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>5.4</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>5.2</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>0.1</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>5.3</B></FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="vertical-align: top; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #008542"><B>Total
    compensation paid (*)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>5.2</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>0.2</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>5.4</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>6.6</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>0.1</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>6.7</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Monthly
    average number of members in the period </FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">9.00</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">11.00</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">20.00</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">9.00</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">11.00</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">20.00</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Monthly
    average number of paid members in the period </FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">9.00</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">5.00</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">14.00</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">9.00</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">3.33</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">12.33</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="7" STYLE="border-bottom: #008542 1pt solid; font: 4pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="7" STYLE="padding-right: 1.4pt"><P STYLE="font: 6.5pt Times New Roman; margin: 0; text-align: justify; color: #675C53"><FONT STYLE="font-family: Times New Roman, Times, Serif">(*)
    Includes the PPP for Administrators in the Executive Board.</FONT></P>
    <P STYLE="font: 6.5pt Times New Roman; margin: 0; text-align: justify; color: #675C53"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="7" STYLE="font: 6.5pt Times New Roman; padding-right: 1.4pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  </TABLE>
<P STYLE="color: red; font: bold 3pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="color: #548DD4; font: bold 3pt Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 6pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">In
the period from January to March 2023, the consolidated expense with the total compensation of the company's officers and board members
totaled R$ 12.22 (R$ 15.11 in the period from January to March 2022).</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 6pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
remuneration of the members of the Advisory Committees to the Board of Directors must be considered apart from the global limit of the
remuneration established for the administrators, that is, the amounts received are not classified as remuneration of the administrators.</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 6pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
members of the Board of Directors who participate in the Statutory Audit Committees waive the remuneration of the Board of Directors,
as established in art. 38, &sect; 8 of Decree No. 8,945, of December 27, 2016, and were entitled to a total remuneration of R$ 618 thousand
in the period from January to March 2023 (R$ 741 thousand, considering social charges). In the period from January to March 2022, the
remuneration accrued in the period was R$ 800 thousand (R$ 959 thousand, considering social charges).</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 6pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">On
April 27, 2023, the Annual Shareholders' Meeting set the remuneration of the management (Executive Board and Board of Directors) at up
to R$44.99 as the global limit of remuneration to be paid in the period between April 2023 and March 2024 (R$ 39.59 in the period between
April 2022 and March 2023, fixed on April 13, 2022).</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 6pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 57 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->56<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 9pt Times New Roman; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="border-bottom: Black 1pt solid; width: 100%"><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE FINANCIAL STATEMENTS</B></P><P STYLE="color: #008542; font: 9pt Times New Roman; margin: 0">PETROBRAS</P><DIV STYLE="padding: 0in 0in 1pt"> <P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">This interim financial information should be read together with the Company&rsquo;s audited annual financial statements</P><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">(Expressed in millions of reais, unless otherwise indicated)</P></DIV><P STYLE="font: italic 9pt Times New Roman; margin: 0"></P></TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="color: #008542; font: bold 12pt Times New Roman; margin-top: 6pt; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A NAME="a_044"></A>28</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Supplemental
                                            information on statement of cash flows</FONT></TD></TR></TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: bold 6.5pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Consolidated</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 82%; padding-right: 7.1pt; font: bold 6.5pt Times New Roman"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">2023</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">2022</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="font: bold 6.5pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Jan-Mar</FONT></TD>
    <TD STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Jan-Mar</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Amounts
    paid/received during the period</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#9;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&#9;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Withholding
    income tax paid on behalf of third-parties</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1,047</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">845</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Transactions
    that does not involve cash</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Lease</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">4,798</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">5,100</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Provision/(reversals)
    for decommissioning costs</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">34</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">54</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; padding-left: 10pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Use
    of tax credits and judicial deposits to pay the contingency</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">97</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">3,767</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3" STYLE="border-bottom: #008542 1pt solid; font: 4pt Times New Roman; padding-right: 7.1pt; padding-left: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  </TABLE>
<P STYLE="color: red; font: bold 3pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="color: #548DD4; font: bold 3pt Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="color: #548DD4; font: bold 3pt Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 6pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
final balance of cash and cash equivalents, in the statement of cash flows, includes amounts related to assets held for sale, as shown
in the reconciliation below:</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Consolidated</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 82%; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>2023</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>2022</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Jan-Mar</B></FONT></TD>
    <TD STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Jan-Mar</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt"><B>Balance
    reconciliation at the beginning of the period</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt">Balance
    of cash and cash equivalents on the statement of financial position</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">41,723</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">58,410</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt">Cash
    and cash equivalents classified as assets held for sale</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">72</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #008542"><B>Cash
    and cash equivalents in the Statement of Cash Flow - Opening balance</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>41,723</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>58,482</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt"><B>Balance
    reconciliation at the end of the period</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt">Balance
    of cash and cash equivalents on the statement of financial position</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">52,277</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">81,601</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt">Cash
    and cash equivalents classified as assets held for sale</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">40</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #008542"><B>Cash
    and cash equivalents in the Statement of Cash Flow - Closing Balance</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>52,277</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>81,641</B></FONT></TD></TR>
  </TABLE>
<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="color: #008542; font: bold 11pt Times New Roman; margin-top: 6pt; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">28.1</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Reconciliation
                                            of Depreciation, depletion and amortization with Statements of Cash Flows</FONT></TD></TR></TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Consolidated</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 82%; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>2023</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>2022</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Jan-Mar</B></FONT></TD>
    <TD STYLE="padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt; color: #006298"><B>Jan-Mar</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Depreciation
    of Property, plant and equipment</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">17,850</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">18,557</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Amortization
    of Intangible assets</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">120</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">93</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>17,970</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>18,650</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Depreciation
    of right of use - recovery of PIS/COFINS</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(199)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(148)</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #008542"><B>Depreciation,
    depletion and amortization in the Statements of Added Value</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>17,771</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>18,502</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">Capitalized
    depreciation</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(2,585)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53">(1,898)</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #008542"><B>Depreciation,
    depletion and amortization in the Statements of Cash Flows</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>15,186</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7.5pt; color: #675C53"><B>16,604</B></FONT></TD></TR>
  </TABLE>
<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="color: #008542; font: bold 12pt Times New Roman; margin-top: 6pt; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A NAME="a_045"></A>29</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Subsequent
                                            events</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman,sans-serif; margin: 6pt 0; text-align: justify; color: #008542"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Sale
of Norte Capixaba group of fields</B></FONT></P>

<P STYLE="font: 10pt Times New Roman,sans-serif; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">On
April 12, 2023, after fulfilling all the conditions precedent, the Company completed the sale of its entire interest (100%) in a set
of 4 concessions in onshore production fields, with integrated facilities, located in the state of Esp&iacute;rito Santo, for the company
Seacrest Petr&oacute;leo SPE Norte Capixaba Ltda (Seacrest).</FONT></P>

<P STYLE="font: 10pt Times New Roman,sans-serif; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
operation was completed with the receipt of US$&nbsp;426.65 million in cash, including price adjustments provided for in the contract.
This amount is added to US$&nbsp;35.85 million received when the contract was signed. In addition to these amounts, Petrobras expects
to receive up to US$&nbsp;66 million in contingent payments, depending on future Brent prices.</FONT></P>

<P STYLE="font: 10pt Times New Roman,sans-serif; margin: 0 0 6pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
result of the operation will be reflected in the interim financial information for the second quarter of 2023.</FONT></P>

<P STYLE="font: 10pt Times New Roman,sans-serif; margin: 6pt 0; text-align: justify; color: #008542"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman,sans-serif; margin: 6pt 0; text-align: justify; color: #008542"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Remuneration
to shareholders</B></FONT></P>

<P STYLE="font: 10pt Times New Roman,sans-serif; margin: 0 0 6pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">On
May 11, 2023, the Board of Directors approved the distribution of remuneration to shareholders in the total amount of R$ 24,700 (R$ 1.893577
per preferred and common shares in circulation), based on the result for the period from January to March 2023, as shown in the table
below:</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: bold 7.5pt Times New Roman; padding-right: 7.1pt; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Remuneration
    to shareholders of Petrobras </FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 64%; padding-right: 7.1pt; padding-left: 10pt; font: bold 7.5pt Times New Roman; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Date
    of Board of Directors&rsquo; approval</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Date
    of shareholders&rsquo; position</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Amount
    per preferred and common shares (R$)</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Amount</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Anticipation
    of dividends </FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">05.11.2023</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">06.12.2023</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1.224968</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">15,979</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Anticipation
    of interest on capital</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">05.11.2023</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">06.12.2023</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">0.668609</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">8,721</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: left"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #008542"><B>Total
    of remuneration to shareholders</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>1.893577</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53"><B>24,700</B></FONT></TD></TR>
  </TABLE>

<!-- Field: Page; Sequence: 58 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->57<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 9pt Times New Roman; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="border-bottom: Black 1pt solid; width: 100%"><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE FINANCIAL STATEMENTS</B></P><P STYLE="color: #008542; font: 9pt Times New Roman; margin: 0">PETROBRAS</P><DIV STYLE="padding: 0in 0in 1pt"> <P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">This interim financial information should be read together with the Company&rsquo;s audited annual financial statements</P><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">(Expressed in millions of reais, unless otherwise indicated)</P></DIV><P STYLE="font: italic 9pt Times New Roman; margin: 0"></P></TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman,sans-serif; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">These
dividends and interest on capital will be paid in two equal installments of R$ 12,350, on August 18 and September 20, 2023, being included
in the remuneration proposal that will be distributed to shareholders at the end of 2023 year. The amounts will be monetarily restated,
according to the Selic rate variation, from the date of effective payment of each installment until the end of the referred fiscal year,
on December 31, 2023.<BR STYLE="clear: both"></FONT></P>


<!-- Field: Page; Sequence: 59 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->58<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 9pt Times New Roman; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="border-bottom: Black 1pt solid; width: 100%"><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE FINANCIAL STATEMENTS</B></P><P STYLE="color: #008542; font: 9pt Times New Roman; margin: 0">PETROBRAS</P><DIV STYLE="padding: 0in 0in 1pt"> <P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">This interim financial information should be read together with the Company&rsquo;s audited annual financial statements</P><P STYLE="font: 9pt Times New Roman,sans-serif; margin: 0; color: #008542">(Expressed in millions of reais, unless otherwise indicated)</P></DIV><P STYLE="font: italic 9pt Times New Roman; margin: 0"></P></TD></TR><TR STYLE="vertical-align: top; text-align: left"><TD>&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="color: #008542; font: bold 12pt Times New Roman; margin-top: 12pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A NAME="a_046"></A>30</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Correlation
                                            between the explanatory notes of December 31, 2022 and the ones of March 31, 2023</FONT></TD></TR></TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: bold 6.5pt Times New Roman; padding-right: 7.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: bold 7pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Number
    of notes</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 82%; padding-right: 7.1pt; font: bold 6.5pt Times New Roman"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Notes
    to the Financial Statements</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt"><P STYLE="font: bold 7pt Times New Roman; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">Annual</FONT></P>
    <P STYLE="font: bold 7pt Times New Roman; margin: 0; text-align: right; color: #006298"><FONT STYLE="font-family: Times New Roman, Times, Serif">for
    2022</FONT></P></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 7pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Quarterly
    information for 1Q-23</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Basis
    of preparation and presentation of financial statements</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">2</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Summary
    of significant accounting policies</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">3</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">2</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Cash
    and cash equivalents and Marketable securities</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">7</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">3</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Sales
    revenues</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">8</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">4</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Costs
    and Expenses by nature</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">9</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">5</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Other
    income and expenses</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">10</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">6</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Net
    finance income (expense)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">11</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">7</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Segment
    information </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">12</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">8</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Trade
    and other receivables</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">13</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">9</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Inventories</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">14</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">10</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Trade
    payables</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">15</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">11</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Taxes</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">16</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">12</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Employee
    benefits (Post-Employment)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">17</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">13</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Provisions
    for legal proceedings</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">18</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">14</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Provision
    for decommissioning costs</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">19</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">15</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Other
    assets and liabilities</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">20</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">16</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Property,
    plant and equipment</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">23</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">17</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Intangible
    assets</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">24</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">18</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Exploration
    and evaluation of oil and gas reserves</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">26</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">19</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Collateral
    for crude oil exploration concession agreements</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">27</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">20</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Investments</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">29</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">21</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Disposal
    of Assets and other changes in organizational structure</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">30</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">22</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Finance
    debt</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">31</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">23</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Leases</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">32</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">24</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Equity</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">33</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">25</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Risk
    management</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">34</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">26</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Related-party
    transactions</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">35</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">27</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Supplemental
    information on statement of cash flows</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">36</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">28</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Subsequent
    events</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">37</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">29</FONT></TD></TR>
  </TABLE>
<P STYLE="color: red; font: bold 3pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="color: #548DD4; font: bold 3pt Calibri, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">The
notes to the annual report 2022, which were suppressed in the interim financial statements of March 31, 2023 because they do not have
significant changes and / or may not be applicable to interim financial information, are:</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 91%; padding-right: 7.1pt; font: bold 8pt Times New Roman"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Notes
    to the Financial Statements</FONT></TD>
    <TD STYLE="width: 9%; padding-right: 1.4pt; font: bold 8pt Times New Roman; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #006298">Number
    of notes</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">The
    Company and its operations</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">1</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Accounting
    estimates</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">4</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">New
    standards and interpretations</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">5</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Capital
    management</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">6</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">&ldquo;Lava
    Jato Operation&rdquo; and the reflects on the Company</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">21</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Commitment
    to purchase natural gas</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">22</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Impairment</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">25</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 7.1pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">Partnerships
    in exploration and production activities</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; font: 7.5pt Times New Roman; padding-right: 1.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; color: #675C53">28</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 60; Options: NewSection; Value: 59 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->59<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 9pt Times New Roman; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="color: #008542; font: 9pt Times New Roman; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A NAME="a_047"></A><B>STATEMENT
OF DIRECTORS ON INTERIM ACCOUNTING INFORMATION AND REPORT ON THE REVIEW OF QUARTERLY INFORMATION</B></FONT></P>

<P STYLE="color: #008542; font: 9pt Times New Roman; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-weight: normal">PETROBRAS</FONT></P>

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: #BFBFBF 1.5pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="color: #008542; font: 9pt Times New Roman; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="color: #008542; font: 9pt Times New Roman; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">In
compliance with the provisions of items V and VI of article 27 of CVM Resolution 80, of March 29, 2022, the chief executive officer and
directors of Petr&oacute;leo Brasileiro S.A. - Petrobras, a publicly-held corporation, headquartered at Avenida Rep&uacute;blica do Chile,
65, Rio de Janeiro, RJ, registered with the CNPJ under n&ordm; 33.000.167 / 0001-01, declare that the financial statements were prepared
in accordance with the law or the bylaws and that:</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">(i)reviewed,
discussed and agreed with the Interim Financial Statements of Petrobras for the period ended on March 31, 2023;</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">(ii)
reviewed, discussed and agreed with the conclusions expressed in the report of KPMG Auditores Independentes Ltda., regarding the Interim
Financial Statements of Petrobras for the period ended on March 31, 2023.</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">Rio
de Janeiro, May 11, 2023.</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 42%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt"><B>Jean
    Paul Terra Prates </B></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 8%; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 50%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt"><B>M&aacute;rio
    Vin&iacute;cius Claussen Spinelli</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt"><P STYLE="font: 9pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>
    <P STYLE="font: 9pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">Chief
    Executive Officer</FONT></P></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt"><P STYLE="font: 9pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>
    <P STYLE="font: 9pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">Chief
    Governance and Compliance Executive Officer</FONT></P></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt"><B>Carlos
    Jos&eacute; do Nascimento Travassos</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt"><B>Mauricio
    Tolmasquim</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><P STYLE="font: 9pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>
    <P STYLE="font: 9pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">Chief
    Engineering, Technology and Innovation Officer</FONT></P></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><P STYLE="font: 9pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>
    <P STYLE="font: 9pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">Chief
    Energy Transition and Sustainability Officer</FONT></P></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt"><B>Clarice
    Coppetti</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt"><B>Sergio
    Caetano Leite</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt"><P STYLE="font: 9pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>
    <P STYLE="font: 9pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">Chief
    Corporate Affairs Officer</FONT></P></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt"><P STYLE="font: 9pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>
    <P STYLE="font: 9pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">Chief
    Financial and Investor Relations Executive Officer</FONT></P></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt"><B>Claudio
    Romeo Schlosser</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt"><B>William
    Fran&ccedil;a da Silva</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">Chief
    Logistics, Commercialization and Markets Executive Officer</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">Chief
    Industrial Processes and Products Officer</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 11pt"><B>Joelson
    Falc&atilde;o Mendes</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt">Chief
    Exploration and Production Executive Officer</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman; margin: 0 0 12pt; text-align: justify; text-indent: 0.75in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman,sans-serif; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-weight: normal">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 61 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->60<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 9pt Times New Roman; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 1pt 14.2pt 1pt 9.05pt"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A NAME="a_048"></A><IMG SRC="image_007.jpg" ALT=""></FONT></P>

<P STYLE="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 1pt 14.2pt 1pt 9.05pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 1pt 14.2pt 1pt 9.05pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">KPMG
Auditores Independentes Ltda.</FONT></P>

<P STYLE="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 1pt 14.2pt 1pt 9.05pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">Rua
do Passeio, 38 - Setor 2 - 17&ordm; andar - Centro</FONT></P>

<P STYLE="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 1pt 14.2pt 1pt 9.05pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">20021-290
- Rio de Janeiro/RJ - Brasil</FONT></P>

<P STYLE="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 1pt 14.2pt 1pt 9.05pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">Caixa
Postal 2888 - CEP 20001-970 - Rio de Janeiro/RJ - Brasil</FONT></P>

<P STYLE="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 1pt 14.2pt 1pt 9.05pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">Telefone
+55 (21) 2207-9400</FONT></P>

<P STYLE="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 1pt 14.2pt 1pt 9.05pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">www.kpmg.com.br</FONT></P>

<P STYLE="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 1pt 14.2pt 1pt 9.05pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 1pt 14.2pt 1pt 9.05pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 16pt Arial, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Report on the
review of quarterly information - ITR</B></FONT></P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif"><I>(A free
translation of the original report in Portuguese, as filed with the Brazilian Securities Commission - CVM, prepared in accordance with
the Technical Pronouncement CPC 21 (R1) - Interim Financial Reporting and the international accounting standard IAS 34 - Interim Financial
Reporting, as issued by the International Accounting Standards Board - IASB)</I></FONT></P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 5pt/12pt Arial, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">To the Board
of Directors and Shareholders of</FONT></P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">Petr&oacute;leo
Brasileiro S.A. - Petrobras</FONT></P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">Rio de Janeiro
- RJ</FONT></P>

<P STYLE="font: 5pt/12pt Arial, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Introduction</B></FONT></P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">We
have reviewed the individual and consolidated interim financial information of Petr&oacute;leo Brasileiro S.A. - Petrobras (&ldquo;the
Company&rdquo;), identified as Parent Company and Consolidated, respectively, included in the quarterly information form - ITR for the
quarter ended March 31, 2023, which comprises the statement of financial position as of March 31, 2023 and the respective statements
of income, comprehensive income, changes in shareholders' equity and of cash flows for the three-months period then ended, including
the explanatory notes.</FONT></P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">Management
is responsible for the preparation of the individual and consolidated interim financial information in accordance with the CPC 21 (R1)
&ndash; Interim Financial Reporting and the IAS 34 - Interim Financial Reporting, issued by the International Accounting Standards Board
- IASB, such as for the presentation of these information in accordance with the standards issued by the Brazilian Securities Commission
- CVM, applicable to the preparation of quarterly information - ITR. Our responsibility is to express our conclusion on this interim
financial information based on our review.</FONT></P>

<P STYLE="font: 5pt/12pt Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 5pt/12pt Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 5pt/12pt Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 5pt/12pt Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 5pt/12pt Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 5pt/12pt Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 5pt/12pt Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 5pt/12pt Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 5pt/12pt Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 5pt/12pt Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 5pt/12pt Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; width: 51%; padding-right: 5.4pt; padding-left: 8.5pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 5.5pt; color: #939598">KPMG
    Auditores Independentes Ltda., uma sociedade simples brasileira e firma-membro da rede KPMG de firmas-membro independentes e afiliadas
    &agrave; KPMG International Cooperative (&ldquo;KPMG International&rdquo;), uma entidade su&iacute;&ccedil;a.</FONT></TD>
    <TD STYLE="vertical-align: top; width: 49%; padding-right: 5.4pt; padding-left: 8.5pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 5.5pt; color: #939598"><I>KPMG
    Auditores Independentes Ltda., a Brazilian entity and a member firm of the KPMG network of independent member firms affiliated with
    KPMG International Cooperative (&ldquo;KPMG International&rdquo;), a Swiss entity.</I></FONT></TD></TR>
  </TABLE>

<P STYLE="font: 5pt/12pt Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 62 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->61<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 9pt Times New Roman; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt/12pt Times New Roman, Times, Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;<IMG SRC="image_007.jpg" ALT=""></FONT></P>

<P STYLE="font: 11pt/12pt Times New Roman, Times, Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Scope
of the review</B></FONT></P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">We
conducted our review in accordance with Brazilian and international standards on reviews of interim financial information (NBC TR 2410
- Review of Interim Financial Information Performed by the Independent Auditor of the Entity and ISRE 2410 - Review of Interim Financial
Information Performed by the Independent Auditor of the Entity, respectively). A review of interim financial information consists of
making inquiries primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures.
A review is substantially less in scope than an audit conducted in accordance with the auditing standards and, consequently, does not
enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly,
we do not express an audit opinion.</FONT></P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 5pt Arial, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Conclusion
on the individual and consolidated interim financial information</B></FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">Based on our review,
nothing has come to our attention that causes us to believe that the accompanying individual and consolidated interim financial information
included in the quarterly information referred to above has not been prepared, in all material respects, in accordance with CPC 21 (R1)
and IAS 34, issued by the IASB<I>,</I> applicable to the preparation of quarterly information - ITR, and presented in accordance with
the standards issued by the Brazilian Securities Commission.</FONT></P>

<P STYLE="font: 5pt Arial, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 5pt Arial, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>Other
matters - Statements of added value</B></FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">The individual
and consolidated interim financial information referred to above includes the individual and consolidated statements of added value (DVA)
for the three-month period ended at March 31, 2023, prepared under responsibility of Company&rsquo;s management, and presented as supplementary
information for IAS 34 purposes. These statements were submitted to review procedures carried out together with the review of the Company&rsquo;s
interim financial information to conclude that they are reconciled with interim financial information and accounting records, as applicable,
and its form and content are in accordance with the criteria defined in CPC 09 - Statement of Added Value. Based on our review, nothing
has come to our attention that causes us to believe that those statements were not prepared, in all material respects, in accordance
with the criteria set forth in this Standard with respect to the individual and consolidated interim financial information taken as a
whole.</FONT></P>

<P STYLE="font: 5pt/12pt Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 5pt/12pt Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">Rio
de Janeiro, May 11, 2023</FONT></P>

<P STYLE="font: 5pt/12pt Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 5pt/12pt Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 0in"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">KPMG Auditores
Independentes Ltda.</FONT></P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">CRC SP-014428/O-6
F-RJ</FONT></P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif"><I>(Original
report in Portuguese signed by)</I></FONT></P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">Ulysses M.
Duarte Magalh&atilde;es</FONT></P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">Accountant
CRC RJ-092095/O-8</FONT></P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 5pt/12pt Arial, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 5pt/12pt Arial, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; width: 51%; padding-right: 5.4pt; padding-left: 8.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: top; width: 49%; padding-right: 5.4pt; padding-left: 8.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 5pt/12pt Arial, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; width: 51%; padding-right: 5.4pt; padding-left: 8.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 5.5pt; color: #939598">KPMG
    Auditores Independentes Ltda., uma sociedade simples brasileira e firma-membro da rede KPMG de firmas-membro independentes e afiliadas
    &agrave; KPMG International Cooperative (&ldquo;KPMG International&rdquo;), uma entidade su&iacute;&ccedil;a.</FONT></TD>
    <TD STYLE="vertical-align: top; width: 49%; padding-right: 5.4pt; padding-left: 8.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 5.5pt; color: #939598"><I>KPMG
    Auditores Independentes Ltda., a Brazilian entity and a member firm of the KPMG network of independent member firms affiliated with
    KPMG International Cooperative (&ldquo;KPMG International&rdquo;), a Swiss entity.</I></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 5pt/12pt Arial, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>



<P STYLE="font: 11pt/107% Calibri, Helvetica, Sans-Serif; margin: 0 0 8pt"></P>

<P STYLE="font: 11pt/107% Calibri, Helvetica, Sans-Serif; margin: 0 0 8pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 11pt/107% Calibri, Helvetica, Sans-Serif; margin: 0 0 8pt"></P>

<!-- Field: Page; Sequence: 63 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->62<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 9pt Times New Roman; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt/107% Times New Roman,sans-serif; margin: 0 0 8pt"></P>

<P STYLE="font: 14.5pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>SIGNATURES</B></FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">Pursuant to the
requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized.</FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0 0 12pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">Date:&nbsp;May
11, 2023</FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0 0 12pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif"><B>PETR&Oacute;LEO
BRASILEIRO S.A&ndash;PETROBRAS<BR>
<BR>
</B>By: /s/&nbsp;<FONT STYLE="color: #222222; background-color: white">Sergio Caetano Leite</FONT></FONT></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">______________________________</FONT></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right; color: #222222"><FONT STYLE="font-family: Times New Roman, Times, Serif; background-color: white">Sergio
Caetano Leite</FONT></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif">Chief
Financial Officer and Investor Relations Officer</FONT></P>

<P STYLE="font: 11pt/12.65pt Calibri, Helvetica, Sans-Serif; margin: 0 0 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 11pt/107% Times New Roman,sans-serif; margin: 0 0 8pt"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>


</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>2
<FILENAME>image_006.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 image_006.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0@)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1" !1 38# 2(  A$! Q$!_\0
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M_.OO7^8>RJ?RO[B_14%M>6]V&,$@<+UP#Q4];1DI*\7=$--.S"BBBF(****
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M+B*T$2K%,K,788) !]237C-% /,ZCG*;2NU;T.K^'5PEMXOA:218T:*126;
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MQ7_T"O\ R8B_^*H_X5UXK_Z!7_DQ%_\ %5[S10>7_8U#N_P_R/!O^%=>*_\
MH%?^3$7_ ,51_P *Z\5_] K_ ,F(O_BJ]YHH#^QJ'=_A_D>#?\*Z\5_] K_R
M8B_^*H_X5UXK_P"@5_Y,1?\ Q5>\T4!_8U#N_P /\CB_ASH.I:#IM[%J=MY#
MR3!D&]6R,8_A)KM***#U*-)4J:IQV04444&H4444 %%%% !1110 4444 %%%
M% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444
M %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110
>4444 %%%% !1110 4444 %%%% !1110 4444 ?_9

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>image_001.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 image_001.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0@)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1"  N )P# 2(  A$! Q$!_\0
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-44 %%%% !1110!__V0$!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>4
<FILENAME>image_007.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 image_007.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0@)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1"  J &<# 2(  A$! Q$!_\0
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M -!*]_[Z7_XFLK5GN]-,BPW]PVZQGD&_:=K*T8!''^T:Z2N<\3??/_8.NO\
MT*&JAJR9:(U/[-?_ *"5[_WTO_Q-']FO_P!!*]_[Z7_XFK]%3=E6.=U9KK38
MYVAO[EC_ &?<R#S"IVNH7:PXZC)K3_LU_P#H)7O_ 'TO_P 36=XF_P!3-_V#
M+S^25T%4]D2MV4/[-?\ Z"5[_P!]+_\ $UFZPUUI=O)+#?W+G[+.P$A4@,J9
M!Z=C70U@>*?^/&3_ *]+K_T4:(N[02T1H?V:_P#T$KW_ +Z7_P")H_LU_P#H
M)7O_ 'TO_P 35^BINRK&4\4UGJ%@!>W$J2RLCI(5((\MCV [@45-?_\ (0TO
M_KX;_P!%/10^@(J>+KX:;X4U&].T^1%O 8X#$$8'XG K \'>/WU_1]2U?5;:
MWT^PLB%\T2$@G&3U],K]<UD_&O6/LOAVTTI&P][-O<?["8/_ *$5_*O*-.NK
MS7(=,\+1W,-I9F<L2[;5:1C]]SW(& ![>]>C0PJG1YGWW[(X*V(<*O*NVWF>
MK:/\3]6\3>(6T[1-"BD@W9\Z:4C9'_?? X^GX5/\4/%;>'9K&&.&.>>YM9XW
M4DC8K&/#?FIKI?#&E>'_  KI2V5A=6V3@RS-*N^5O4\_D.U>(_$/6K?6?B%<
M22.9+&V=+<>6<DHOWL=NI;%%&%.K6]V/NI?>%:<Z=+WI>\_P.YN/BEXFL+47
ME[X-ECM"H;SB9%3!Z?-MQS72V'Q#M-0\!WWB5+8Q/:!D>W=\CS,#:N['()9>
M<=Z\]\8_$Q?%.CC0=&TV>*.X9%<R$;F ((55&<<@<Y[51U^W/A;X:V6AM<1/
M>ZE=FZNDBD#B-5  0D>^T_4&M/J\9**E'EDW^'4CV\DY-2NDOQ+MS\7+S5YU
M@?2H(Q+#):DB4G DV@GIVQ7L^MZQ:Z#H]SJ=XVV&!-Q'=CV4>Y.!7S??Z=#I
MMGX8</&9;B/SYMI!P3)\N?\ @.VNK^(?B&7QGXKMO#>ES)]CAEV&0MA'E_B<
MG^ZHS^O7(IU<-"<HJ"M'6_R%3Q$XQDY.[TM\RS_PO.__ .@);?\ ?YO\*[KQ
M=K$-AX:@O-49;=YK.5"@R?WKQ8VCUY->,W6E:>WQ'M=%M'C-A#<0VS2DC#A<
M>8Q/3D[S^E:GQ<\1-J_BG[!#*&L[!0J[3E6=@"S<?@/PIRP].52"@K=62L1.
M,).;OT1OO\5?$^OWSV_A?0E9%ZEHVE<#L6((5?Q_.J4OQ6\8Z%JGV;6M-MMR
MX+PR1&-B/52#^N"*[2#4-'^&O@&#R_)N9TV>;'#*NZ:5L;CGGIS^  KD;[XH
M^'-9NDEO_!T=W/M$:O,Z,<9.!DKTR3^=1!1DWRTKQ_'\2YN44N:I:7X'J%OJ
M4.L0:!J4 98KES(JMU&87X/THH#V"7&C6MBULJ12,%A@8$(/*?@ =J*\R7D>
MC'S/(_&;-XO^+]OI"'=!#)':G!_A'S2'ZC+#_@-+\7O#1T?7(-=LD\NWNR Y
M08$<RCCZ9 S]0:]T$48?>(T#>H49I617&'4,/0C-=D<6XN-EHE:W<Y98524K
MO5NYQFF^+;*\^'$GB1HH/.M[=O.3:!B91C;[9.,>S"N ^"^D?;_$%_JUPHD6
MVBV*7&<R.>OY _\ ?5>XB&((4$:!3U&T8-*D:1C"(J@^@Q62KJ,)QBOB_(T=
M%RE&4GL,^S0?\\8_^^17@/Q!<^)?B@FDVFT+&\5DA0< DY8X]BQS_NU]!TSR
M8@^\1INSG.T9I4*WLI.5KL=:E[6/+<\-^--M#::KH\$$:I&EH54*,<!L"NJ^
M&7A*'P[X=EUW4XE^UW,1DPZ\PP@9QSW.,G\/2O2'BCD.7C5B/49IQ (((R#V
MJY8ENBJ2)6'2JNHSP#X56IUKXB2ZA/&&\J.6Y;CY=S';C_Q\_E4?Q6\,7VF^
M*+K54MF.G795UE1?E1L %6QT.1GWS]:^@4BCC)*(JY]!BG$ @@@$'J#6GUUJ
MK[1+2UK&?U1.ER-];W/'=,^,VGIIT2:EHLC7:*%9X=NUR._.,9].:Y;PS$WC
M'XJQ7K0,+=[MKIQCA$7+*I[=E6O?_P"Q],\SS/[.M/,(QN\A<_GBK:(D:!$5
H54= HP!26)IP4O9QLWYC>'G)KGE=+R$6&)&RD:*?4*!13Z*X3L/_V0$!

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
