PETROBRAS - PETROLEO BRASILEIRO SA

Petrobras announced the dates for its third quarter 2026 financial and operational results. The company will release its Production and Sales Report on October 28, 2026, and its Financial Results on November 10, 2026. A webcast to discuss these results is scheduled for November 11, 2026, with presentations in both Portuguese and English.

PETROBRAS reported strong financial results for the six-month period ended June 30, 2026, with net income attributable to shareholders increasing by 55.3% to $16.6 billion. Sales revenues rose 35.7% to $57.1 billion, driven by growth in both domestic and foreign markets. The company also saw a significant increase in cash flow from operating activities and a healthy growth in total assets and equity.

PETROBRAS reported strong financial results for the first half of 2026, with net income rising to R$85.1 billion and sales revenues increasing to R$282.3 billion compared to the same period last year. Diluted earnings per share also saw a significant increase. However, net cash provided by operating activities decreased substantially, indicating a mixed performance despite the top-line growth. The company's total assets and shareholders' equity both increased during the period.

PETROBRAS reported robust second-quarter 2026 results, with net income reaching $10.4 billion and adjusted EBITDA at $18.6 billion, significantly up from the previous quarter and year-ago period. The company achieved new production records, including total oil and natural gas production of 3.34 MMboed and a refinery utilization factor of 101.2%. Operational efficiency improved by 3.1%, contributing to increased output, alongside strategic acquisitions and exploratory advances.

Petrobras reported strong financial results for the second quarter of 2026, driven by record operational performance and higher Brent prices. The company achieved an Adjusted EBITDA of US$ 20.0 billion and Net Income of US$ 11.1 billion, both excluding one-off events. Operating cash flow was US$ 12.3 billion, and free cash flow reached US$ 7.7 billion. Total production increased by 3.4%, and refining utilization hit a record 101.2%. Net debt decreased to US$ 60.4 billion, and the company approved R$ 17.4 billion in shareholder remuneration.

Petrobras' Board of Directors approved a shareholder remuneration of R$17.4 billion, equivalent to R$1.34814262 per outstanding common and preferred share. This payment, an anticipation for fiscal year 2026, will be distributed in two installments in November and December 2026, comprising both interest on equity and dividends. The distribution aligns with the company's Shareholder Remuneration Policy, which dictates a 45% free cash flow distribution under specific debt conditions.

Petrobras announced a new gas discovery in the Sandia-1 exploratory well, located in Block GUA-OFF-O in deep waters offshore Colombia. This discovery, situated near existing finds, underscores the significant gas potential in the region and is expected to contribute to Colombia's energy security. Petrobras, through its subsidiary PIB-COL, operates the consortium with a 44.44% interest, in partnership with Ecopetrol S.A. holding 55.56%.

Petrobras announced record operational performance in 2Q26, with total production of oil, NGL, and natural gas reaching 3.34 MM boed, a 14.1% increase year-over-year. The company also achieved an all-time high refinery utilization factor of 101.2% and significantly reduced oil product imports to a record low of 67 mbpd. Strategic advancements included the early start-up of FPSO P-79 and progress in sustainable fuel production, alongside a commitment to acquire 5 million carbon credits.

Petrobras announced that its Board of Directors has approved the election of William Vella Nozaki as the interim Chief Energy Transition and Sustainability Officer (DTEN). This appointment is effective starting August 1st, 2026. Nozaki previously held the position of head of Integrated Energy Transition Management at Petrobras and has been a board member of Transpetro.

Petrobras announced that the client portfolio of Partners LLC has adjusted its total exposure to the company's American Depositary Receipts (ADRs). The portfolio now holds 185,869,498 ADRs, which constitutes approximately 4.99% of Petrobras' common shares.