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PetroBras
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January 2024 Deep Dive Presentation
| Sergio Caetano Leite | Page 48 of 11 |
April 29, 2024
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"January 2024 Deep Dive Presentation"
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PÚBLICA Petrobras has been keeping its consistent track of good results and incorporated 1.5 bi boe of SEC 1P Reserves in 2023 — SEC 1P RESERVES billion boe 10.9 10.5 -0.9 -0.2 1.5 • Good performance of relevant assets, especially Búzios, Tupi and Atapu • Declaration of commerciality of Raia Manta and Raia Pintada fields (BM-C-33 block) • New complementary projects’ FID in Campos Basin 2023 Organic Reserve Replacement Ratio 168% * Does not consider: (a) natural gas liquids, since the reserve is estimated at a reference point prior to gas processing, except in the United States and Argentina; (b) volumes of injected gas; (c) production from extended well tests in exploration blocks; and (d) production in Bolivia, since the Bolivian Constitution does not allow the registration of reserves by the Company. 48