Proved Reserves in BrazilSPE criteria (Society of Petroleum Engineers)

boe = barrels of oil equivalent

Oil production in BrazilKbpd

Onshore

Shallow water

Deep water

Ultra-deep water

Kbpd = thousand barrels per day E = estimates

Platforms under operation

Refineries

122

13

LNG terminals 03

Thermoelectric power plant 21

Pipelines (km) 36,533

Ships fleet 257

Service station(Petrobras Distribuidora)

7,931

Exploratory blocks

Refineries

Petrobras in BrazilDec/2014

Equatorial Margin

Ceará and Potiguar

Parnaíba Rio do Peixe

Solimões and Amazonas

Parecis

São Francisco

Pelotas

Santos

Campos

Espírito Santo

Sergipe/Alagoas

Paraíba/ Pernambuco

Tucano, Recôncavo,Camamu/Almada and Jequitinhonha

FACT SHEET 2015www.petrobras.com.br/ir1st semester

2,800

1980 1990 2000 2010 2014 2019 E

181

654

1,271

2,004 2,034

Feet on the ground and eyes on the future

We recorded gross profit of R$ 80.4 billion (15% up on the previous year);

Investments totaled R$ 87.1 billion;

Oil and natural gas production in Brazil and abroad increased by 5.1% over 2013;

Processed feedstock in Brazil and abroad grew by 2% year over year;

Four new platforms began operations and 87 wells were connected in Brazil.

Billion boe

1980 1990 2010 20142000

1.55

5.37

15.28 16.18

9.65

Information relating to 2014

Production Growth and Pre-salt Record

We have posted frequent production records in the pre-salt region, underlining the efficiency of our operations and the achievement of solid results. In 2014, we reached the mark of 700,000 barrels produced per day in only eight years after the first discovery of oil in this region.

The combination of technologies developed for the exploration of the pre-salt layer won the OTC (Offshore Technology Conference) Award in 2015, the world’s most prestigious award in the offshore oil and gas production sector. This was the third time we received this recognition, reaffirming our ultra-deepwater leadership.

Management and Governance The construction of a new management and governance model was the path chosen to confront our challenges, further strengthening our commitment to transparency. With this in mind, we have implemented several initiatives, including the appointment of a new CEO and Executive Board by the Board of Directors and the creation of a Governance, Risk and Compliance Officer, and the election of new members of the Board of Directors.

In regard to Operation Lava-Jato, we have been collaborating effectively with the authorities and adopting measures to improve governance, controls and risk management through the creation of internal monitoring committees; the constitution of a special independent committee; the exclusion of the companies cited from future bids; and the adoption of legal measures to ensure restitution of the losses suffered.

Consolidated Financial ResultsUS$ Billion

Net income

Capex and Investments

EBITDA

Net debt

Shareholder’s Equity

Net debt / Net Capitalization

Net debt / EBITDA

2013 2012 20112014- 7.36

37.00

24.96

106.20

116.98

48%

4.25

Total

2015-2019 Business andManagement Plan

Exploration & Production*

Downstream**

Gas & Energy

Other areas

US$ 130.3 billion

(US$ 108.6 billion)

83%

10%

(US$ 12.8 billion)

5%

(US$ 6.3 billion)

2%

(US$ 2.6 billion)

* Includes Petrobras investments abroad** Includes Distribution

Shares quotation

* We were the most traded ADRs (American Depositary Receipt) in 2014.

7.547.27

NYSE* (US$ per ADR)

Price in 12/31/2014

PBR/APBRTicker

11.03

42.95

27.63

72.34

169.04

30%

2.62

20.10

43.16

37.30

54.90

177.11

24%

1.47

11.09

48.09

29.42

94.57

149.12

39%

3.21