Appointment of the new CEO
Rio de Janeiro, December 13, 2018 Petróleo Brasileiro S.A. Petrobras informs that today it received from its controlling shareholder a
letter with the appointment of the economist Roberto da Cunha Castello Branco to serve as President of the company and member of Petrobras Board of Directors.
The indication shall be submitted to corporate governance procedures, including the respective conformity and integrity analyzes necessary for the succession
process of the company, with assessment by the Nominating, Compensation and Succession Committee, and by the Board of Directors and, subsequently, by the Shareholders General Meeting.
www.petrobras.com.br/ir
Contacts:
PETRÓLEO BRASILEIRO S.A. PETROBRAS | Investor Relations Department |
e-mail:
petroinvest@petrobras.com.br
Av. República do Chile, 65 10th floor, 1002 B
20031-912
Rio de Janeiro, RJ | Phone: 55 (21) 3224-1510 / 3224-9947
FORWARD-LOOKING STATEMENTS
This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended, that are subject to risks and uncertainties. The forward-looking statements, which address the Companys expected business and financial performance, among other matters, contain words such as
believe, expect, estimate, anticipate, optimistic, intend, plan, aim, will, may, should, could,
would, likely, and similar expressions. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. There is no assurance that the expected
events, trends or results will actually occur. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information or future events or for any other reason.
The Companys actual results could differ materially from those expressed or forecast in any forward-looking statements as a result of a variety of
assumptions and factors. These factors include, but are not limited to, the following: (i) failure to comply with laws or regulations, including fraudulent activity, corruption, and bribery; (ii) the outcome of ongoing corruption investigations and
any new facts or information that may arise in relation to the Lava Jato Operation; (iii) the effectiveness of the Companys risk management policies and procedures, including operational risk; and (iv) litigation, such as class
actions or proceedings brought by governmental and regulatory agencies. A description of other factors can be found in the Companys Annual Report on Form 20-F for the year ended December 31, 2017, and the Companys other filings with the
U.S. Securities and Exchange Commission.