Petróleo Brasileiro S A Petrobras : EGM (April 12th 2021) - Distance Voting Ballot

DISTANCE VOTING BALLOT - 04/12/2021

EGM OF PETRÓLEO BRASILEIRO S.A.(PETROBRAS)

1. Shareholder name and e-mail:

Name:

E-mail: Confirm e-mail:

• 2. Shareholder CNPJ or CPF:

• 3. Instructions for completion

This ballot form (BVD or BALLOT) is to be completed in case shareholders choose to exercise their right to use the distance voting, as per CVM Instruction no. 481/09.

In this case, it is imperative that previous fields are completed with the full name (or corporate name) of the shareholder and the Registration number with the Ministry of Economy, whether a legal entity (CNPJ) or natural person (CPF), as well as an email address for contact.

In addition, in order for the ballot to be considered valid and the votes herein delivered be recorded in the Extraordinary General Meeting quorum, to be held on April 12, 2021 at 3pm, in the exclusively digital form ("Meeting"), pursuant to article 4, §2, item I and article 21-C, §§2 and 3 of CVM Instruction 481 ("Meeting") the following instructions shall be observed:

• i. ballot fields shall be duly completed, according to the shareholder's class of shares. To better identify each item, voting fields will be presented as follows: a) [Only ON]: Only holders of common shares (PETR3) shall vote;

• ii. shareholders or their legal representative(s), as appropriate and pursuant to current legislation, shall sign the ballot form; and

• iii. the shareholder or his/her legal representative(s) shall forward the documents proving his/her/their capacity as shareholder and allowing his/her/their participation in the Meeting, together with this ballot form, all in accordance with the instructions specified below.

The shareholder must take care not to fill out items in a conflicting manner (e.g., instruct that, in the event of multiple votes being adopted, their votes be distributed in equal percentages among the candidates chosen at the same time as, in the following item, they indicate percentages that are incompatible with the filling out of the first instruction), under penalty of such votes being considered invalid.

Specifically in relation to item 2.4, the shareholder must be aware that the equal distribution will consider the division of the 100% percentage among the members of the chosen list up to the first two decimal places, without rounding, and that the fractions of shares calculated from the application of the resulting percentage will not be allocated to any candidate, being disregarded in the multiple vote procedure, in which case the shareholder may not vote with the totality of his shares.

For further information on the candidates and the other matters to be analyzed, we recommend reading the Meeting Handbook.

4. Guidelines for sending the form

Shareholders who choose to exercise their right to use the distance voting may:

(i) transmit the instructions for completion to suitable service providers in accordance with the following guidelines (items 4.1 and 4.2); or

(ii) fill in and send this ballot directly to the Company (item 4.3).

4.1 Exercise of distance voting rights using a custodian

Shareholders who choose to exercise their right to use de distance voting via their custodian agent shall relay their voting instructions according to the rules defined by the sub-custodian, which forwards said voting manifestations to the [B]3 Central Depository. For such, shareholders shall contact their custody agents to check the proper procedures.

According to CVM Instruction no. 481/09, shareholders shall relay ballot form completion instructions to their custody agents up to seven days before the date on which the General Meeting will be held, namely, until 04/05/2021 (inclusive), except if a different term is defined by their custody agents.

Petrobras has up to three days from ballot form receipt to inform shareholders that submitted documents are eligible for the vote to be considered valid, or to warn of the need for correction and resubmission of the ballot form or accompanying documents, stating their period of receipt within up to seven days before the Meeting.

It should be noted that, as ordered by CVM Instruction no. 481/09, upon receiving shareholder voting instructions through their respective custody agents, the [B]3 Central Depository shall disregard any conflicting instructions in connection to the same deliberation that were issued by the same enrollment number in CPF (natural persons) or CNPJ (legal entities).

4.2. Exercise of distance voting rights using a book-entry share administrator- Banco Bradesco 2

Shareholders holding book-entry shares can exercise their right to vote using Banco Bradesco, which is the managing institution for Petrobras' Book-Entry Shares system. In this case, the shareholder/representative shall deliver the duly completed distance voting ballot form, signed and initialed, at any Banco Bradesco branch.

According to CVM Instruction 481/09, the shareholder must deliver the ballot up to 7 (seven) days before the date of the Meeting, i.e. up to and including 04/05/2020, unless a different deadline is established by Branco Bradesco.

4.3. Exercise of distance voting via direct remittance of ballot form by shareholders to Petrobras

Shareholders who choose to exercise their right to vote using the distance voting may, alternatively, do it directly to the Company, by sending the following documents to Av. República do Chile, 65, 18º andar - sala 1803, Centro, CEP: 20031-912, Rio de Janeiro/RJ - Brasil, care of the Department of Individual Investor Relations - Shareholder Support or send it by [e-mail],requesting confirmation of receipt:

• (i) ballot paper duly completed, signed and with all pages initialled, digital signature being allowed, by means of digital certificate;

• (ii) The following documents:

• (a) for individual investors:

  •  valid photo ID and CPF number;

  •  in the case of representative (engaged less than one year from the date of the AGM) forward documentation and the representative's identity.

• (b) for legal entities:

  •  latest bylaws or consolidated social contract and the corporate documents proving the legal representation of shareholder;

  •  CNPJ; and

  •  photo ID document of the legal representative.

• (c) for investment funds:

  •  last consolidated fund rules with CNPJ;

  •  bylaws or social contract of its administrator or manager, as appropriate, in compliance with the fund's voting policy and corporate documents proving the powers of representation; and

  •  photo ID document of the legal representative.

The following identity documents will be accepted, provided that with photo: ID, Foreigner ID, driver's license, Passport or officially recognized professional class cards.

The shareholder must deliver the ballot paper to the Company no later than 3:00 p.m. (GMT‐3 time zone) on Wednesday, 04/07/2020.

Petrobras has up to 3 (three) days from receipt of the ballot paper to notify the shareholder that the documents sent are suitable for the vote to be considered valid or to advise that the ballot paper or the accompanying documents need to be rectified and sent back, subject to a deadline of 5 (five) days prior to the date of the Meeting.

4.4. Common rules for sending and validating the ballot paper remotely

In this Meeting, exceptionally, Petrobras will exclusively waive the need to send the physical copies of the shareholder representation documents to the Company's office, as well as the acknowledgement of the signature of the grantor in the power of attorney for shareholder representation, notarization, consularization, apostillation and sworn translation of all shareholder representation documents, simply by sending a simple copy of the original copies of such documents to the Company's e-mail address indicated above. Powers of attorney granted by Shareholders by electronic means shall only be admitted if digitally signed, through digital certification that guarantees the authenticity and protection of the information sent.

Regardless of the shipping method chosen (items 4.1, 4.2 or 4.3 above), it is recommended that the shareholder forward, transmit or to do the protocol the ballot paper (which will be available at least 1 month before the Meeting), together with the relevant documents, as far in advance as possible, so that there is sufficient time for Petrobras' evaluation and possible return with reasons for rectification, correction and resubmission of documents.

The ballot paper submitted, transmitted or filed (i) after the deadline, (ii) that is not properly filled in or (iii) that is not accompanied by the necessary documents, as applicable, will be disregarded by the Company. In this case, if the shareholder has chosen to deliver the ballot directly to Petrobras (as per item 4.3), he/she will be informed of the rejection of his/her ballot via the indicated e-mail address.

Important: in order to better organize the meeting, shareholders who sent the Distance Voting Ballot and decide to participate in the meeting via Digital Platform will be asked at the beginning if they intend to: (a) only attend the meeting, maintaining the votes already sent via Distance Voting Ballot valid and unchanged; OR (b) participate and vote at the meeting, in which case the Distance Voting Ballot will be automatically canceled. It is necessary for such shareholder to vote again, observing the procedures stipulated for that purpose. If the shareholder chooses to only attend the meeting, in accordance with the letter "(a)" above, the votes delivered through Distance Voting Ballot cannot be changed during the meeting.

5. Postal and electronic address to send the ballot paper, if the shareholder wishes to deliver the document directly to the company.

Av. República do Chile, 65, 18º andar - sala 1803, Centro, CEP: 20031-912, Rio de Janeiro / RJ - Brazil, to the attention of the Individual Investor Relations Department - Shareholder Support

Email:[e-mail], requesting delivery confirmation:

6. Indication of the institution contracted by the company to provide the bookkeeping service of securities, with name, physical and electronic address, telephone and contact person.

Address: Banco Bradesco branches in national territory e-mail:[e-mail]

Tel: [phone]

Contact: Maurício Bartalini Tempeste

As informed in the Manual, Bradesco informs that the above data was only entered so that the shareholder may have a channel to clarify any doubts regarding the sending of the bulletin to the bookkeeping agent. However, Bradesco will not accept the receipt of bulletins by electronic means, being certain that only bulletins presented through any Bradesco agency will be considered, under the terms and conditions specified in the Manual.

EXTRAORDINARY GENERAL MEETING 1. [Only ON] I. Removal of Mr. Roberto da Cunha Castello Branco from the position of member of the Board of Directors of Petrobras, which, once effective, pursuant to the provisions of paragraph 3 of art. 141 of the Brazilian Corporation Law, will result in the removal of the other seven (7) members of the Board of Directors of Petrobras elected by the multiple vote process in the Annual General Meeting of July 22, 2020.

[ ] Approve [ ] Reject [ ] Abstain

2. [Only ON] II. Election of eight (8) members of the Board of Directors of Petrobras.

2.1. [Only ON] Do you wish to request the adoption of the multiple vote process for the election of the board of directors, pursuant to art. 141 of Law 6,404 of 1976?

[ ] Yes [ ] No [ ] Abstain

2.2 [Only ON] Election of the board of directors by single group of candidates - Candidates nominated by the controlling:

• 1. Eduardo Bacellar Leal Ferreira

• 2. Joaquim Silva e Luna

• 3. Ruy Flaks Schneider

• 4. Márcio Andrade Weber

• 5. Murilo Marroquim de Souza

• 6. Sonia Julia Sulzbeck Villalobos

• 7. Cynthia Santana Silveira

• 8. Ana Silvia Corso Matte

[ ] Approve [ ] Reject [ ] Abstain

2.3. [Only ON] If one of the candidates that compose the chosen group fails to integrate it, can the votes corresponding to their shares continue to be conferred on the chosen group? [If the shareholder chooses "no" or "abstain" and the slate has been changed, his vote will be counted as an abstention in the respective meeting resolution].

[ ] Approve [ ] Reject [ ] Abstain

2.4. [Only ON] In case of adoption of the multiple vote process, the votes corresponding to your actions should be distributed in equal percentages by the members of the group you have chosen? [The shareholder should be aware that the equal distribution will consider the division of the percentage of 100% among the members of the slate chosen to the first two decimal places, without rounding, and that the fractions of shares calculated from the application of the 7

resulting percentage will not be allocated to any candidate, being disregarded in the multiple vote procedure, in which case the shareholder may not vote with all his shares].

[ ] Yes [ ] No [ ] Abstain

If the shareholder answered "no" to the previous question, please inform the % distribution of his/her votes in relation to the candidates:

Eduardo Bacellar Leal Ferreira	[	] %
Joaquim Silva e Luna	[	] %
Ruy Flaks Schneider	[	] %
Márcio Andrade Weber	[	] %
Murilo Marroquim de Souza	[	] %
Sonia Julia Sulzbeck Villalobos	[ ] %
Cynthia Santana Silveira
Ana Silvia Corso Matte

[ ] % [ ] %

Leonardo Pietro Antonelli (indicated by minority shareholders)

[ ] %

2.5. [Only ON] Election of the Chairman of the Board of Directors.

Candidate: Eduardo Bacellar Leal Ferreira.

[ ] Approve [ ] Reject [ ] Abstain

Second Call of the EGM 3. [ON] In the event of a second call of this General Meeting, may the voting instructions included in this ballot form be considered also for the second call of Meeting?

[ ] Yes [ ] No [ ] Abstain

[City], [month] [day], 2021.

________________________________ Shareholder's Name (certified signature)

CPF / CNPJ: 8