Brazilian stock exchange questions Petrobras about governance after diesel price reduction.

247 - The Board of Issuer Regulation (DRE) of B3, the controlling company of the Stock Exchange, requested, through an official letter, information from Petrobras' management regarding whether the changes in the state-owned company's pricing policy due to the truckers' strike will have an impact on the governance measures adopted by the oil company. To end the truckers' strike, Petrobras announced a 10% reduction in the price of diesel fuel for a period of 15 days.

In the official letter, the DRE (Directorate of Revenue and Energy) highlights that in the Annual Letter of Public Policies and Corporate Governance and the Petrobras Reference Form, the state-owned company informs that the price of fuels in the Brazilian market would follow the level of the international market and emphasizes that it may review or even withdraw the company's certification if the information is not fulfilled or is not included in the governance program.

In response to the official letter, Petrobras highlighted that if the strike were to continue for longer, the company and its distributors would have no way to move their products and, consequently, the refineries would have to suspend their operations, resulting in direct impacts on the state-owned company's results.