Petrobras has confirmed its strategic intention to enter the ethanol segment, primarily through minority strategic partnerships or shared control arrangements with established industry players, as outlined in its Strategic Plan 2050 and Business Plan 2025-2029 announced on November 21, 2024.The company will begin analyzing business opportunities and prospecting potential partners in the ethanol sector. The final implementation of Petrobras' entry into the ethanol business will depend on negotiations with potential partners, Brazilian market conditions, and required corporate approvals.This strategic move aligns with the company's recently announced plans, though specific details about partnerships and investments will be disclosed to the market as they materialize through official material fact statements.

Petrobras has confirmed its strategic intention to enter the ethanol segment, primarily through minority strategic partnerships or shared control arrangements with established industry players, as outlined in its Strategic Plan 2050 and Business Plan 2025-2029 announced on November 21, 2024.The company will begin analyzing business opportunities and prospecting potential partners in the ethanol sector. The final implementation of Petrobras' entry into the ethanol business will depend on negotiations with potential partners, Brazilian market conditions, and required corporate approvals.This strategic move aligns with the company's recently announced plans, though specific details about partnerships and investments will be disclosed to the market as they materialize through official material fact statements.