Investor Presentaiton

60 60 Figure 1 - Exploratory blocks on offer in the Permanent Offer in Espírito Santo YEARBOOK OF THE OIL AND NATURAL GAS INDUSTRY IN ESPÍRITO SANTO 2022 CAPÍTULO 4 OPORTUNIDADES PARA O ESPÍRITO SANTO 4.3. Permanent Offer Permanent Offer Exploratory block Fields in production UPGN Transport Pipeline Offloading pipeline 67 61 0 75 150 km AREAS ON OFFER IN The Permanent Offer is a con- cession modality in which there is the offer of exploratory blocks ESPÍRITO SANTO and areas with marginal accumu- CONCESSION REGIME 48 exploratory blocks: 20 blocks onshore 28 blocks on the sea side AREAS UNDER STUDY IN ESPÍRITO SANTO CONCESSION REGIME 25 exploratory blocks 25| 25 blocks onshore AREAS WITH MARGINAL ACCUMULATIONS Barra do Ipiranga Rio São Mateus Oeste, Mariricu Oeste Nativo Oeste Jacupemba Rio Itaúnas Leste lations. It consists of the conti- nuous offer of fields returned, or in the process of being returned, of exploratory blocks offered in previous bids and not auctioned or returned to ANP, ANP, besides the new exploratory blocks in ter- restrial basins under study at ANP. In December 2021, the National Energy Policy Council (CNPE) au- thorized the Agency to define and bid on Permanent Offer, under the concession regime, blocks in any land or sea basins, as well as bid on fields returned or in the pro- cess of being returned, including areas located in the pre-salt poly- gon or in strategic areas. Throughout the national territory, 1,010 exploration blocks located in 17 sedimentary basins are on offer under the concession regi- me for the Permanent Offer. In addition, 1,018 exploration blo- cks in 17 Brazilian sedimentary basins and 15 areas with margi- nal accumulations in 6 terrestrial basins are under study under the concession regime. The areas un- der study will be available for the Permanent Offer soon after the environmental opinions and the public hearing, promoted by ANP, are finalized. In Espírito Santo, 48 exploration blocks are in offers under the con- cession regime for Permanent Of- fering, 20 blocks in the land part and 28 blocks in the maritime part. These areas have received few drillings in the past and, the- refore, are associated with greater exploratory risk due to the scarci- ty of information. Figure 1 shows the area in permanent supply in Espírito Santo on land and sea. In addition to these, a total of 25 exploratory blocks are under stu- dy in Espírito Santo, all terrestrial (figure 2), and 6 areas with mar- ginal accumulations (figure 3). Among the areas with marginal accumulations under study are: Barra do Ipiranga, Rio São Ma- teus Oeste, Mariricu Oeste, Na- tivo Oeste, Jacupemba and Rio Itaúnas Leste, all located between the municipalities of Conceição da Barra, São Mateus, Jaguaré and Linhares. These areas were in concession with Petrobras and were returned to ANP in 2019. The areas are shown in Figure 3. Minas Gerais Espírito Santo Rio de Janeiro Source: ANP. Elaboration: Industry Observatory/Findes Figure 2 Exploratory blocks under study in the Permanent Offer in Espírito Santo Minas Gerais Espírito Santo Bahia Source: ANP. Elaboration: Industry Observatory/Findes Exploratory blocks in study Exploratory blocks Transport Pipeline Drainage Pipeline 0 25 50 km

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