PETROLEO BRASILEIRO S.A.-PETROBRAS ADS (REP 1 COMMON SHARE)

Petróleo Brasileiro SA engages in oil and gas exploration, production, and distribution activities. The company is headquartered in Rio De Janeiro, Rio De Janeiro and currently employs 50,687 full-time employees. The firm specializes in the oil, natural gas and energy industry. Petrobras has three operational segments: Refining, Transportation, and Marketing (R&M), which encompasses the activities of refining, logistics, transportation, acquisition and export of crude oil, as well as the purchase and sale of petroleum-derived products, in Brazil and abroad; Exploration and Production (E&P), which encompasses the activities of exploration, production development and production of oil, natural gas liquids (NGL) and natural gas, as well as Gas and Low Carbon Energy (G&EBC), which encompasses logistics activities, natural gas and electricity trading, transportation and marketing of liquefied natural gas (LNG), power generation through thermal power plants, as well as the results of natural gas processing operations.