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Petrobras (NYSE: PBR) sets 2026 board and fiscal council nominees

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Petróleo Brasileiro S.A. – Petrobras reported that its controlling shareholder and multiple minority shareholder groups have nominated candidates for the Board of Directors and Fiscal Council ahead of the 2026 Shareholders’ General Meeting. The controlling shareholder proposed a slate of board members largely consisting of reappointments, plus new candidates, and named representatives for the Fiscal Council, including National Treasury nominees.

Minority shareholders submitted alternative candidates for cumulative voting, and for separate elections by common and preferred shareholders for both the Board of Directors and Fiscal Council. Petrobras also noted that Rosangela Buzanelli Torres was elected as the employees’ representative on the Board for the 2026–2028 term. All nominations will be reviewed under Petrobras’ internal governance and nomination policy, including legal, management, and integrity checks by the Eligibility Committee and the Board, with related minutes to be made available on the Investor Relations website and at the Brazilian securities regulator.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 6-K

 

Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of the

Securities Exchange Act of 1934

 

For the month of March, 2026

 

Commission File Number 1-15106

 

 

PETRÓLEO BRASILEIRO S.A. – PETROBRAS

(Exact name of registrant as specified in its charter)

 

Brazilian Petroleum Corporation – PETROBRAS

(Translation of Registrant's name into English)

 

Avenida Henrique Valadares, 28 – 9th floor 
20231-030 – Rio de Janeiro, RJ
Federative Republic of Brazil

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F. 

Form 20-F ___X___ Form 40-F _______

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes _______ No___X____

 

 

 
 

 

Petrobras announces nominations by the controlling shareholder and minority shareholders for the Board of Directors and Fiscal Council

Rio de Janeiro, March 6, 2026 – Petróleo Brasileiro S.A. – Petrobras informs that it has so far received the following nominations for the Company’s Board of Directors (BoD) and Fiscal Council (FC), whose elections will take place at Petrobras’ 2026 Shareholders’ General Meeting.

 

For the Board of Directors, the Controlling Shareholder nominated the following candidates:

 

Candidate Name Position
Bruno Moretti (reappointment) Member of the BoD and Chair of the BoD
Magda Maria de Regina Chambriard (reappointment) Member of the BoD
Renato Campos Galuppo (reappointment) Member of the BoD
José Fernando Coura (reappointment) Member of the BoD
Marcelo Weick Pogliese (reappointment) Member of the BoD
Fabio Henrique Bittes Terra Member of the BoD
Benjamin Alves Rabello Filho Member of the BoD
Ricardo Baldin Member of the BoD

 

For the Fiscal Council, the Controlling Shareholder nominated the following candidates:

 

Candidate Name Position
Rafael Rezende Brigolini Full Member of the FC, representative of the National Treasury
Daniel Cardoso Leal Alternate Member of the FC, representative of the National Treasury
Mariana de Assis Espécie Full Member of the FC
Brenno Leopoldo Cavalcante de Paula Alternate Member of the FC
Luciano José de Araújo Full Member of the FC
Gustavo Cerqueira Ataíde Alternate Member of the FC

 

 

www.petrobras.com.br/ri

For more information:

PETRÓLEO BRASILEIRO S.A. – PETROBRAS | Investor Relations

Email: petroinvest@petrobras.com.br/acionistas@petrobras.com.br

Av. Henrique Valadares, 28 – 9th floor – 20231-030 – Rio de Janeiro, RJ.

Tel.: 55 (21) 3224-1510/9947

 

This document may contain forecasts within the meaning of Section 27A of the Securities Act of 1933, as amended (Securities Act), and Section 21E of the Securities Trading Act of 1934, as amended (Trading Act) that reflect the expectations of the Company's officers. The terms: "anticipates", "believes", "expects", "predicts", "intends", "plans", "projects", "aims", "should," and similar terms, aim to identify such forecasts, which evidently involve risks or uncertainties, predicted or not by the Company. Therefore, future results of the Company's operations may differ from current expectations, and the reader should not rely solely on the information included herein.

 
 

 

For the Board of Directors, in the event of cumulative voting, minority shareholders nominated the following candidates:

 

Candidate Name Position Nominating Shareholders
Jose João Abdalla Filho BoD Member – Common Shares – Cumulative Voting Dinâmica Energia Equity Investment Fund (FIA Dinâmica) and Banclass Equity Investment Fund, both managed by Banco Clássico S.A.
Marcelo Gasparino da Silva BoD Member – Common Shares – Cumulative Voting
Mauro Rodrigues da Cunha BoD Member – Common Shares – Cumulative Voting Robeco, Franklin Templeton, and Royal London Asset Management

 

For the separate election of the Board of Directors by common shareholders, minority shareholders nominated the following candidates:

 

Candidate Name Position Nominating Shareholder
Francisco Petros Oliveira Lima Papathanasiadis  BoD Member – Common Shares – Separate Election Hassan Jorge Mourani Filho 

 

For the separate election of the Board of Directors by preferred shareholders, minority shareholders nominated the following candidates:

 

Candidate Name Position Nominating Shareholders
Jerônimo Antunes BoD Member – Preferred Shares – Separate Election Franklin Templeton
Rachel de Oliveira Maia BoD Member – Preferred Shares – Separate Election Geração L. Par Equity Investment Fund

 

 

 

www.petrobras.com.br/ri

For more information:

PETRÓLEO BRASILEIRO S.A. – PETROBRAS | Investor Relations

Email: petroinvest@petrobras.com.br/acionistas@petrobras.com.br

Av. Henrique Valadares, 28 – 9th floor – 20231-030 – Rio de Janeiro, RJ.

Tel.: 55 (21) 3224-1510/9947

 

This document may contain forecasts within the meaning of Section 27A of the Securities Act of 1933, as amended (Securities Act), and Section 21E of the Securities Trading Act of 1934, as amended (Trading Act) that reflect the expectations of the Company's officers. The terms: "anticipates", "believes", "expects", "predicts", "intends", "plans", "projects", "aims", "should," and similar terms, aim to identify such forecasts, which evidently involve risks or uncertainties, predicted or not by the Company. Therefore, future results of the Company's operations may differ from current expectations, and the reader should not rely solely on the information included herein.

 
 

 

For the separate election for the Fiscal Council by common shareholders, minority shareholders nominated the following candidates:

 

Candidate Name Position Nominating Shareholders
Ronaldo Dias Full Member of the Fiscal Council – Common Shares

Dinâmica Energia Equity Investment Fund (FIA Dinâmica) and Banclass Equity Investment Fund, both managed by Banco Clássico S.A.

 

Ricardo José Martins Gimenez Alternate Member of the Fiscal Council – Common Shares

 

For the separate election for the Fiscal Council by preferred shareholders, minority shareholders nominated the following candidates:

 

Candidate Name Position Nominating Shareholders
Reginaldo Ferreira Alexandre Full Member of the Fiscal Council – Preferred Shares Franklin Templeton
Vasco de Freitas Barcellos Neto Alternate Member of the Fiscal Council – Preferred Shares
André Luiz de Rezende Full Member of the Fiscal Council – Preferred Shares André Luiz de Rezende
Márcio Cassol Carvalho Alternate Member of the Fiscal Council – Preferred Shares

 

Rosangela Buzanelli Torres was elected as the employees’ representative on Petrobras’ Board of Directors, for the 2026–2028 term.

 

In accordance with Petrobras’ internal governance procedures and its Policy for the Nomination of Senior Management Members, these nominations will be subject to analysis of legal, management, and integrity requirements and subsequent review by the Eligibility Committee and the Board of Directors, pursuant to Article 21, §4, of Decree 8,945/2016, as amended by Decree 11,048/2022.

 

The minutes of the Eligibility Committee and the Board of Directors that review the nominations will be made available for consultation on Petrobras’ Investor Relations website (www.petrobras.com.br/ir) and at the CVM (Brazilian securities and exchange commission).

 

 

www.petrobras.com.br/ri

For more information:

PETRÓLEO BRASILEIRO S.A. – PETROBRAS | Investor Relations

Email: petroinvest@petrobras.com.br/acionistas@petrobras.com.br

Av. Henrique Valadares, 28 – 9th floor – 20231-030 – Rio de Janeiro, RJ.

Tel.: 55 (21) 3224-1510/9947

 

This document may contain forecasts within the meaning of Section 27A of the Securities Act of 1933, as amended (Securities Act), and Section 21E of the Securities Trading Act of 1934, as amended (Trading Act) that reflect the expectations of the Company's officers. The terms: "anticipates", "believes", "expects", "predicts", "intends", "plans", "projects", "aims", "should," and similar terms, aim to identify such forecasts, which evidently involve risks or uncertainties, predicted or not by the Company. Therefore, future results of the Company's operations may differ from current expectations, and the reader should not rely solely on the information included herein.

 
 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

Date: March 6, 2026

 

PETRÓLEO BRASILEIRO S.A–PETROBRAS

By: /s/ Fernando Sabbi Melgarejo

______________________________

Fernando Sabbi Melgarejo

Chief Financial Officer and Investor Relations Officer

 

 

FAQ

What did Petrobras (PBR) disclose in this March 2026 Form 6-K?

Petrobras disclosed nominations for its Board of Directors and Fiscal Council for election at the 2026 Shareholders’ General Meeting. The filing lists candidates from the controlling shareholder and various minority shareholders, plus the elected employees’ representative for the 2026–2028 term.

Who are the controlling shareholder’s nominees to Petrobras (PBR) Board of Directors?

The controlling shareholder nominated eight candidates to the Board of Directors, including several reappointments such as Bruno Moretti as member and chair, and Magda Maria de Regina Chambriard, along with additional members like Fabio Henrique Bittes Terra, Benjamin Alves Rabello Filho, and Ricardo Baldin.

How did minority shareholders of Petrobras (PBR) participate in the board nominations?

Minority shareholders nominated candidates for cumulative voting to the Board of Directors and for separate elections by common and preferred shareholders. These nominations include representatives backed by investors such as Franklin Templeton, Robeco, Royal London Asset Management, and Brazilian equity investment funds.

What did Petrobras (PBR) announce about its Fiscal Council composition?

Petrobras presented Fiscal Council nominees from both the controlling shareholder and minority shareholders. The controlling shareholder listed full and alternate members, including National Treasury representatives, while minority shareholders proposed separate full and alternate members for common and preferred share classes.

Who is the employees’ representative on Petrobras (PBR) Board for 2026–2028?

Rosangela Buzanelli Torres was elected as the employees’ representative on Petrobras’ Board of Directors for the 2026–2028 term. This position reflects employee participation in governance and complements nominees from the controlling shareholder and minority shareholders for the remaining board seats.

How will Petrobras (PBR) vet the board and Fiscal Council nominees?

Petrobras will review all nominees under its internal governance procedures and Policy for the Nomination of Senior Management Members. Candidates must meet legal, management, and integrity requirements, with the Eligibility Committee and Board of Directors issuing minutes that will be made available on the company’s Investor Relations website.
Petroleo Brasileiro S.A. Petrobras

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