SUSTAINABILITY STRATEGY

Our 2024-2028+ Strategic Plan aims to prepare Petrobras for the future and strengthen the company, starting a process of integration of energy sources essential for a fair and responsible energy transition. In this context, the new Plan will be implemented with full attention to people, safety and respect for the environment, perpetuating value for future generations, focusing on capital discipline and the commitment to keeping the company's debt under control.

Oil and natural gas will continue as critical value drivers, with economic and environmental resilience, financing the fair transition. Profitable low-carbon investments gain relevance for long-term value generation. Governance will be respected in all decision-making and project evaluation processes, ensuring sustainability and profitability, with greater transparency.

At the beginning of 2023, our company established new strategic drivers to be considered in Strategic

Planning, in compliance with current governance practices, the commitment to generating value and the company's long-term financial sustainability:

1) Full attention to people, with priority placed the development, retention, and requalification of talent t in order to provide the company with a technical staff that is increasingly inclusive, diverse, and qualified to meet the dynamic demands of the market, especially the energy transition;

2) Focus on profitable exploration and production assets, with increasing decarbonization of the company's operations and those of our suppliers;

3) Emphasis on adapting and improving the current refining facilities through efficiency gains y and the combination of renewable raw materials in the development of resilient industrial processes and sustainable products;

4) Search for a fair energy transition, in line with similar international companies, primarily through partnerships of technical excellence and social responsibility programs that mitigate the externalities of the company's operations and promotee local production chains;

5) Utilization of of Brazil's different potentialities as a country with continental dimensions and energy capabilities that favor sustainable development, through the regionalization of the company's activities based on production chains and local operational units;

6) Strengthening access to markets and seek global vanguard in the energy transition, through international performacen through technological and operational partnerships.

With the vision “to be the best diversified and integrated energy company in generating value, building a more sustainable world, reconciling the focus on oil and gas with diversification in low carbon businesses (including petrochemical products and fertilizers), sustainability, safety, respect for the environment, and full attention to people” we defined our values in the 2024-28+ Strategic Plan:

• Care for people

• Integrity

• Sustainability

• Innovation

• Commitment to Petrobras and the country

A set of Strategies aimed at an effective contribution by Petrobras to a prosperous and sustainable future was established in the 2024-2028+ Strategic Plan:

Exploration and Production

Refining, Transport and Marketing

Maximize the value of the portfolio value with a focus on profitable assets, replenish oil and gas reserves, including exploration of new frontiers, increase the supply of natural gas, and promote the decarbonization of operations.

Gas and Energy, and Renewable Sources

Act competitively and safely, maximize the capture of value by the adequacy and improvement of our industrial park and the supply chain and logistics, seek self-sufficiency in oil products, with vertical integration, more efficient processes, improvement of existing products and development of new products towards a low-carbon market.

Sustainability

Act in a competitive and integrated manner in the operation and commercialization of gas and energy, optimizing the portfolio and acting for the insertion of renewable sources.

Act in low-carbon businesses, diversifying the portfolio in a profitable way, and promoting the perpetuation of Petrobras; act in our businesses with integrity and sustainability with safety, seeking decreasing emissions, promoting diversity and social development, contributing to a fair energy transition and training experts in sustainability; and innovate to generate valu e for the business, supporting operational excellence and enabling solutions in new energies and decarbonization.

Within the 2024-28+ Strategic Plan, to be aligned with the market, we made specific adjustments in the way we communicate the value metric, which had its name changed from DELTA EVA® to DELTA VALOR, and the sustainability metric associated with spills - VAZO (oil and products spilled volume), which had its name changed to ICMA - Environmental Commitment Indicator. We also included the Serious Injury Rate (TAG) metric, which joins the Total Recordable Injury Rate (TRIR) metric in the People Safety Commitment Indicator (ICSP). Therefore, Petrobras continues with four top metrics:

• Greenhouse Gas Emission Intensity Achievement Index (IAGEE)

• Environmental Commitment Indicator (ICMA)

• Delta Valor (DELTA VALOR)

• People Safety Commitment Indicator (ICSP)

In the following infographic, we illustrate the metrics related to Environmental, Social and Governance (ESG) and commitment to people themes, with their reference values for the year 2024.

AMBITION: ZERO FATALITY AND ZERO OIL SPILLS

IAGEE: Greenhouse Gas Emission Intensity Achievement Index

ICMA: Environmental Commitment Indicator ICSP: People Safety Commitment Indicator

Total Recordable Injury Rate

Our Commitment to life is a nonnegotiable value and our recognized safety culture continues to be reinforced every day to strengthen operational and people safety. Therefore, we also maintained the ambition of zero fatalities and zero spills in our plan.

The 2024-2028+ Strategic Plan reaffirms its position related to ESG themes, integrating its elements into a single vision, highlighting four key ideas:

• reduce carbon footprint

• protecting the environment

• caring for people

• acting with integrity

For each of these driving ideas, a set of relevant drivers was identified that support and guide our actions, projects, programs, and related commitments.