The Petrobras Board of Directors approved the payment of dividends, in the amount of R$ 12.16 billion, equivalent to R$ 0.94320755 per common and preferred share in circulation, as an advance of the remuneration to shareholders for the year 2025, declared based on the balance sheet of September 30, 2025.
The proposed payment is in line with the Shareholder Remuneration Policy. This policy provides that, in case of gross debt equal to or lower than the maximum level of debt defined in the business plan in force (currently US$75 billion), and subject to other conditions, Petrobras must distribute 45% of the free cash flow to its shareholders. This distribution does not compromise the company’s financial sustainability.
The proceeds will be paid in two installments in February and March 2026, as follows: R$0.94320755 per common and preferred share in circulation, with the first installment, in the amount of R$0.47160378, being paid on February 20, 2026 and the second, in the amount of R$0.47160377, on March 20, 2026.
On December 22, 2025, holders of shares issued by Petrobras traded on B3 and record date will receive it and, on December 26, 2025, holders of ADRs traded on the New York Stock Exchange (NYSE). Petrobras shares will be traded ex-rights on B3 from December 23, 2025.
For holders of shares issued by Petrobras traded on B3, payment of the first installment will be made on February 20, 2026 and the second installment on March 20, 2026. ADR holders will receive payments from February 27, 2026 and from March 27, 2026, respectively.
The definition of the distribution method – dividends and/or interest on equity – will take place by December 11th and will be communicated to the market.
