Brazil Energy Opportunities & Sustainability Commitments

Opportunities in the Open Acreage The Open Acreage allows the market to decide when bidding rounds will take place and what areas from the stock will be offered. The 3rd cycle will start when any registered company declares interest in at least one area. The objective of the Open Acreage is to decentralize exploratory investments in the country, with opportunities being available at any time. OPEN ACREAGE Brazil OIL AND GAS CONCESSIONS 691 blocks in the 1st semester จ B 0 500 OPEN ACREAGE Brazil OIL AND GAS CONCESSIONS + 377 new blocks included on July 30th Onshore: 72 Offshore: 305 12 Basins 0 500 1.000 km 1,068 blocks already available for the 3rd cycle anp Additional 350 blocks and 11 marginal fields under study to be added in the future

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