Petrobras : on the sale of UFN-III - Form 6-K

Petrobras on the sale of UFN-III

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Rio de Janeiro, January 24, 2023 - Petróleo Brasileiro S.A. - Petrobras, following up on the release disclosed on 08/29/2022, informs that, observing the applicable internal governance, the closing of the competitive process, which was in the binding phase, for the integral sale of the Unidade de Fertilizantes Nitrogenados III (UFN-III) was approved.

Petrobras will evaluate its next steps related to the divestment of the asset in question, in alignment with the Strategic Plan 2023-2027 in place, and reinforces its commitment to the broad transparency of its divestment projects and portfolio management.

About UFN-III

UFN-III is a nitrogen fertilizer industrial unit located in Três Lagoas, in the state of Mato Grosso do Sul. Construction of UFN-III began in September 2011, but was halted in December 2014, with physical progress of about 81%. When completed, the unit will have a projected production capacity of urea and ammonia of 3,600 tons/day and 2,200 tons/day, respectively.

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This document may contain forecasts within the meaning of Section 27A of the Securities Act of 1933, as amended (Securities Act), and Section 21E of the Securities Trading Act of 1934, as amended (Trading Act) that reflect the expectations of the Company's officers. The terms: "anticipates", "believes", "expects", "predicts", "intends", "plans", "projects", "aims", "should," and similar terms, aim to identify such forecasts, which evidently involve risks or uncertainties, predicted or not by the Company. Therefore, future results of the Company's operations may differ from current expectations, and the reader should not rely solely on the information included herein.