Institutional Presentation

September, 2019

Summary

About the Company

Petronect on the market

Service Lines

Sustainability

Security and Agility in Electronic Processes

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72% 17% 11%Societal Structure

Petrobras Negócios Eletrônicos S/A e-Petro SAP ACCENTURE

Security and Agility in Electronic Processes

About the Company

Petronect was created on October 18th of 2002 by the initiative of Petrobras to provide electronic commerce services related to the procurement of goods and services.

Through the electronic portal, transactions are carried out ranging from requests for quotations and proposals submissions to contracts and orders management.

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Vision

Mission

“Become the unified local business channel preferred by Oil & Gas, Energy companies and companies governed by Law 13,303.”

“Connect suppliers and buyers in a sustainable B2B marketplace.”

About the Company – Our Pillars

“Agility, Conformity and Simplicity.”Values

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The Portal has the Declaration of Confidentiality of the SuppliersProposals certification provided by the Bureau Veritas Certificationand is in conformity with the ISO 17050-1 regulation.

About the Company – Information Security

The communication with the Portal is madethrough Secure Internet Protocol (HTTPS).

The contingency environment for temporary alternative operation is distinct from the main environment.

Monitoring, treatment and management of disorders and severe anomalies.

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The Petronect systems are protected by a controlled access Firewall.

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Who we are – Our History

20142013

2012

Inclusion of Paymentfunctionality

Diligence

Inclusion ofSuppliers Registrationfunctionality

Biodiesel Auctions

Quotations

20082003

Creation of thePurchasing and

contracting Portal

2018

Adequacy of the Petronect Portal tothe law 13.303/16

2009

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Petronect in the Market – Our Costumers

4.052 simultaneous users10.921 single accesses/day504.093 registered users

COSTUMERS

SAP ECCSAP R/3 SAP SRM

SUPPLIERS

DATA FROM 2019

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• Araucaria Nitrogenados• BR• Breitener Energética S.A.• Breitener Jaraqui S.A.• Breitener Tambaqui S.A.• Liquigás• Pb Biocombustível• Petrobras• Petrobras América• Petrobras Bolívia

• Petrobras Colômbia• Copetrol• Petrobras Logística de Expl e Prod S.A.• Petrobras Logistica de Gás S.A.• Petrobras Netherland• Stratura Asfaltos S.A.• TBG• Transp. Associada de Gás - TAG• Transpetro• Gaspetro

11% spreadaround the world

80% of total registeredcompanies

6% of total registeredcompanies

3% of total registered companies

Other countries

Countries with largest registration rate

Active companies: 139 Thousand (2019)

Petronect in the Market – Our Suppliers

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Systems and Services Management

Service Lines

Purchasing andContracting QuotationsPayment

SuppliersRegistration

Purchasing and Contracting Portal

Diligence

Services

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Ø Evaluates the solicitations ofregistration of new suppliers;

Ø Mantains the Register of thesupplying companies of goodsand services;

Ø Clarifies doubts about thesuppliers evaluation process;

Ø Capacitates users of thePetrobras System.

Ø Keeps the Portal available tothe costumer;

Ø Provides support for the use of Petronect Portal;

Ø Capacitates users of the supplying companies that are participating of the Register in Petronect Portal.

The Supplier Registration is the first step for a company to negotiate with Petrobras. By registering, the supplier companies can prove their aptitude to

participate in bids.

Supplier Registration – Roles and Responsabilities

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After the approval of the

registration, there is the clearance

so the supplier can participate in purchase and

contracting processes.

The supplier candidatecreates a user at the first access to PetronectPortal.

Then, fills out the basic data and

evaluation questionnaires, in the

Petronect Portal.

Petrobras performsthe evaluation of

the questionnairesand the issuance of

the certificate.1

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Suppliers Registration – Macro Flow

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Ø Selects the companies;Ø Elaborates the bidding notice and the

contracting specification;Ø Chooses the bidding modality: RFQ (1

or 2 envelopes), Auction; Ø Clarifies the doubts of the market about

the contracting process;Ø Classifies the companies and

communicates the bidding winner;Ø Requests the registration of companies

in the Portal;Ø Register or removes companies from the

Petrobras registration.

Ø Keeps the Portal available for thecostumers;

Ø Provides support for the use of thePetronect Portal;

Ø Register the suppliers in the Portal, according to Petrobras request;

Ø Trains users of Petrobras Group andSuppliers for the use of PetronectPortal.

Petronect Portal is the electronic plataform through which Petrobras Systemperforms purchasing e contracting.

Purchasing and Contracting – Roles and Responsabilities

COSTUMERS

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Petrobras identifies the

need.

Petrobras createsthe opportunityand publishes it in Petronect

Portal.

The Suppliervisualizes the

opportunity in Petronect

Portal

Period ofsubmissionof proposals

by thesuppliers

Openingof the

proposals.

Petrobras classifies the

proposals.

Petrobras issues

requests.

Dispatch of the Electronic Invoice

(NFe) to Petrobras through Petronect Portal.

Monitoringof the Payment

Process.

Purchasing and Contracting – Macro Flow

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3

4

56

7

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* Modality of Services Contracting, with “Demonstration of Price Formation”.

ELETRONICQUOTATION

ELETRONICREQUESTS

ELETRONICAUCTION

• REQUESTS

• DIRECT

• REVERSE

AMOUNT OF PROCESSES IN 2019

2. Purchasing and Contracting for the Exploration and Production Partnerships.

3. Biodiesel and Etanol Auctions.

Purchasing and Contracting

• SPEED SOURCE

• INVITE 1 ENVELOPE

• INVITE 2 ENVELOPES

• INVITE WITH DFP *

• DIRECT NEGOTIATION

• PUBLIC BIDDING

• PUBLIC AUCTION

• UNENFORCEABILITY

• OTHERS

1. Purchasing and Contracting according to the 2.745/98 Act and Law 13.303/16.

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89,8 mil

0,9 mil

0,2 mil

0,02 mil

0,01 mil

1,8 mil

1,4 mil

0,8 mil

0,4 mil

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159 mil

The Payment Functionality aims to allow the suppliers to have access to thepredictability of their payment by Petrobras.

§ Provides the payment of thesuppliers;

§ Defines dates and informations onthe scheduling of payments;

§ Validate and approves electronictax documents

§ Clarifies doubts of the Market about the payment process;

§ Keeps the Portal available to thecostumers;

§ Provides support for the use ofthe Payment functionality of thePurchasing and ContractingPortal;

§ Trains users of the supplyingcompanies participating in thePurchasing and ContractingPortal.

Payment – Roles and Responsabilities

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Supplier sends the NF-e

and/or CT-ethrough

Petronect Portal.

Petrobras performs

the payment according to

the date scheduled in the previous

step.

Petrobrasapproves

and validates

the document

sent.

Information regarding thescheduling

becomes available at

Petronect Portal. The supplier visualizes thescheduled date for the

payment, currency, grossamount, taxes, deductions,

net amount and the fiscal document key.

Payment – Macro Flow

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2 3

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Ø Specifies the good or service;Ø Sets the estimated value;Ø Chooses Suppliers;Ø Autorizes the request;Ø Makes the payment.

Ø Obtains valid quotations;Ø Issues the request;Ø Monitors the request;

Performs quotations for purchasing organizations, without the purchasing authority, for items of lower price. Therefore, allows the Operational Unities or

the Group Companies to focus on Strategic or Complex purchases.

Quotations – Roles and Responsabilities

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Petrobras authorizes

Petronectobtains 3

valid quotations*

Petrobrasespecifies

estimated pricevalue

and the list ofsuppliers.

Petronectdiligence

Petrobras performs the

payment

Petronectissues the request

*According to Petrobras established standard.

Quotations - Macro Flow

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2

34

5

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Ø Defines the premises andguidelines to be adopted bythe Diligence;

Ø Evaluates the impacts andrisks;

Ø Deliberates and executes actions regarding criticalissues that might afect thedelivery of the equipments.

Ø Gathers the informations fromthe suppliers in order tomonitor the schedules;

Ø Plans and performs monthlyreunions of critical analysis;

Ø Provides Petrobras visibilityof the main focus points of theDiligence.

Diligence – Roles and Responsabilities

The Diligence monitors the delivery of critical items to the projects.

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Petrobras defines the

critical item to be

expedited.

Petronectexecutes and

providesdiligencevisibility.

Petrobras evaluatesrisks andimpacts.

Petronectupdates the

progressof the diligent

Items

Diligence – Macro Flow

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Purchasing Processes

Transactioned in purchasing processes

Product Line – Our Numbers

Petrobras Registered users (currently active users)

Payment queries(monthly)

Invoices processed to Petrobras

Transactioned in auctions

Quotation Request Items

18 thous.

93 thous.

R$ 6,8 bi

0,97 mi

95 thous.

R$ 32 bi

272 thous.

AMOUNT OF PROCESSES IN 2019

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Products Lines – Our Numbers

Transactioned Value x Quantity of Opportunity

Quantity of Opportunities - Annual (Thousands)Transactioned Value - Annual (R$ Bi)

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Social Responsability

Life Quality at Work

Petronect has developed the “Gesture of Love" Project, in which Philanthropic Institutions receive monthly food and hygiene and cleaning items.

The institutions benefited by the project, from August 2016 to July 2017, are: Fundação Assistencial Santa Bárbara e Associação Centro De Estudos Alternativo Comunitário.

Petronect values the well-being of its employees, aiming to make the workplace a reference in the sector.

Following this guideline and market trends, Petronect promotes initiatives focused on innovation and use of new technologies.

In addition, it has a modern and interactive environment that favors a collaborative and relaxed space to perform daily activities.

Sustainability

Children's Day Event

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Ambiente Colaborativo

Environmental Responsability

The Petrobras, by using Petronect, reduces the impact of CO2 in the atmosphere:

Paper Rationing: The Petrobras Group uses the Portal since 2003 as a tool to transact the following purchasing activities: electronicquotation, electronic auction and electronic (order/request).

Based on the data of the analyzed period, the Petrobras Grouptransacted in the Portal 2,244,264 electronic processes and

4,786,431 requests. The company spared, on average, the

utilization of 1,361 tons of paper.

Traveling Rationing: Based on the data from the period, 793 online trainings were conducted and no trips related to the purchasing processes transacted in the Portal were required. Thus, the company spared the emission of 1,237 tons of CO2.

Sustainability

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Agility, Conformity and Simplicitywww.petronect.com.br

“Become the unified business channel preferred by Oil & Gas and Energy Companies”