Corporate governance

The Energy Transition and Sustainability Executive Office, created in 2023 by the Board of Directors (BoD), continues to consolidate its strategic role within the company, coordinating the activities of the Renewable Energy, Gas and Power, Integrated Energy Transition Management, Climate Change and Decarbonization areas. In addition, the Social Responsibility area, directly linked to the CEO Office, continues to operate transversally in guiding and evaluating social responsibility activities, including the coordination and execution of socio-environmental projects and community engagement programs. These organizational structures reinforce our commitment to best market practices, demonstrating our vision of an increasingly sustainable company and the growing demand for renewable energy.

The Governance and Compliance Executive Office (DGC) of Petrobras celebrated a decade of existence in November 2024. Recognized as a benchmark in the compliance area in Brazil, this structure has been fundamental in implementing various initiatives that strengthened mechanisms for preventing and combating fraud, corruption, and money laundering in the company’s operations.

Currently, the company is recognized for its achievements in this area, having implemented several improvements during this period, such as the creation of an independent whistleblower channel, the implementation of an integrity due diligence process for its suppliers, and the integrity assessment of professionals appointed or selected for high-level management or compensated positions.

In 2024, the Board of Directors approved, within the scope of the Strategic Plan 2050 (PE 2050) and the Business Plan 2025-2029 (PN 2025-29), the company’s ESG (Environmental, Social, and Governance) position, which, particularly in its Governance dimension, reaffirms our ambition to be a benchmark in ethics, integrity, and transparency, aligned to the set of drivers and commitments detailed in the Sustainability Strategy chapter of this report.