Petrobras Update on changes in the Administration

Petrobras Update on changes in the Administration

Petrobras reports that the resignation of the CEO and five Executive Directors, announced will be effective from February 6th, after which the Board of Directors will meet to elect new Executive Board members.

Besides de CEO Mrs. Maria das Graças Foster, the five Executive Directors that presented their resignations are: Almir Guilherme Barbassa, CFO and Chief Investor Relations Officer; José Miranda Formigli, Upstream Director; José Carlos Cosenza, Downstream Director; José Alcides Santoro, Gas and Power Director and José Antônio de Figueiredo, Engineering, Technology and Procurement Director.

Source: Petróleo Brasileiro S.A. – Petrobras

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