Petroleo Brasileiro SA Petrobras (Petrobras) has announced that it is currently conducting due diligence on Braskem, a chemical company, in relation to the potential exercise of tag along or preemptive rights. This action is in response to the possible sale of shares held by Novonor in Braskem, as outlined in the Shareholders' Agreement between the two companies. Petrobras has not yet reached a decision regarding this matter, as confirmed by the absence of a resolution from either its Executive Board or Board of Directors as of May 6, 2024. The company has emphasized its commitment to transparency and informed governance practices, stating that any significant developments will be communicated to the market. The announcement follows a series of notices to the market dating back to July 2023.

Petroleo Brasileiro SA Petrobras (Petrobras) has announced that it is currently conducting due diligence on Braskem, a chemical company, in relation to the potential exercise of tag along or preemptive rights. This action is in response to the possible sale of shares held by Novonor in Braskem, as outlined in the Shareholders' Agreement between the two companies. Petrobras has not yet reached a decision regarding this matter, as confirmed by the absence of a resolution from either its Executive Board or Board of Directors as of May 6, 2024. The company has emphasized its commitment to transparency and informed governance practices, stating that any significant developments will be communicated to the market. The announcement follows a series of notices to the market dating back to July 2023.