Party B (the 'Buyer") Seller FEDERATIVE REPUBLIC OF BRAZIL Applicable Senior Level The obfigation(s) identified as follows: Primary Obligor. Federative Republic of Brazil CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDENTIAL SDNY GM_00266803 DB-SDNY-0120619 EFTA01459871

uy Buy CDS Protection EFTA01477770 Bond: PETBRA 5 1; 01/27/21 Contract: Brazil 5yr CDS Issuer: PETROBRAS GLOBAL FINANCE Underlying Issuer: Federative Republic of Brazil ISIN: US71645WAR25 Maturity: 06/20/21 Ratings: B3/B+/BB+ Coupon: 100 bps Ranking: Sr Unsecured Spread: 396 bps EFTA01477771

the following: Buy Buy CDS Protection Bond: PETBRA 5 101/27/21 Contract: Brazil 5yr CDS Issuer: PETROBRAS GLOBAL FINANCE Underlying Issuer: Federative Republic of Brazil EFTA01477766 ISIN: US71645WAR25 Maturity: 06/20/21 Ratings: B3/B+/BB+ Coupon: 100 bps Ranking: Sr Unsecured Spread: 396 bps

the following: Buy Buy CDS Protection Bond: PETBRA 5 101/27/21 Contract: Brazil 5yr CDS Issuer: PETROBRAS GLOBAL FINANCE Underlying Issuer: Federative Republic of Brazil ISIN: US71645WAR25 Maturity: 06/20/21 Ratings: EFTA01477763 B3/B+/BB+ Coupon: 100 bps Ranking: Sr Unsecured Spread: 396 bps

l CDS: Buy =nbsp; Buy CDS =rotection Bond: PETBRA 5%e =1/27/21 Contract: Brazil Syr CDS Issuer: PETROBRAS GLOBAL =INANCE Underlying =ssuer: Federative Republic of =razil ISIN: US71645WAR25 Maturity: 06/20/21 Ratings: B3/B+/BB+ Coupon: 4 EFTA_R1_00122968 EFTA01792267 100 bps Ranking: Sr Unsecure

r Brazil CDS: Buy Buy CDS Protection Bond: PETBRA 5 4 01/27/21 Contract: Brazil Syr CDS Issuer: PETROBRAS GLOBAL FINANCE Underlying Issuer: Federative Republic of Brazil ISIN: US71645WAR25 Maturity: 06/20/21 Ratings: B3/B+/BB+ Coupon: 100 bps Ranking: Sr Unsecured Spread: 2 EFTA_R1_01577232 EFT