Home › Companies › PETROLEO BRASILEIRO SA › 2023-2024

PETROLEO BRASILEIRO SA 2023-2024 Proxy Voting Records

Compiled from SEC Form N-PX filings. Page generated 04 October 2026.

148Reported items
142Asset managers
10,422Fund votes
2024-04-25Main meeting date

Proxy season: 2023-2024 2024-2025 2025-2026

Explore PETROLEO BRASILEIRO SA in the interactive database Compare manager voting policies

How asset managers voted at the PETROLEO BRASILEIRO SA 2023-2024 meetings

Each item below shows how the 142 asset managers that disclosed a PETROLEO BRASILEIRO SA vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of PETROLEO BRASILEIRO SA’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.

1. Elect Pietro Adamo Sampaio Mendes as Board Chairman

DIRECTOR ELECTIONS

Meeting held 2024-04-25; no official results are on file for this meeting.

Combines 3 wordings of this item as funds reported it.

0.8% fund support · no official result

AGAINST 99.2%

The 76 asset managers below cast 0.8% of the shares they voted on this item FOR (3,535,374 for, 467,881,063 against).

FOR: 3,535,374 (0.7%)AGAINST: 467,881,063 (99.3%)

Largest asset managers voting on “Elect Pietro Adamo Sampaio Mendes as Board Chairman” at PETROLEO BRASILEIRO SA, 2023-2024
Asset manager	For	Against	Vote
Vanguard	0	117,078,347	Against
BlackRock	0	116,938,034	Against
Goldman Sachs	0	53,786,378	Against
Fidelity	0	37,142,629	Against
Dimensional	0	35,020,144	Against
WisdomTree	0	20,625,581	Against
Charles Schwab	0	17,459,029	Against
Thornburg	0	7,612,740	Against
TIAA	0	7,605,673	Against
MFS	0	6,817,546	Against
RWC ASSET ADVISORS (US) LLC	0	6,676,490	Against
State Street	0	4,777,924	Against
Hartford	0	4,743,615	Against
Lazard	0	3,888,585	Against
Invesco	2,879,578	53,486	For
FRANKLIN FUND ALLOCATOR SERIES	0	2,650,100	Against
Franklin Templeton	0	1,783,900	Against
GMO	0	1,623,863	Against
Advisors' Inner Circle Fund III	0	1,428,716	Against
Columbia Threadneedle	0	1,412,839	Against
Perpetual Americas Funds Trust	0	1,348,935	Against
First Trust	0	1,311,727	Against
Mercer Funds	0	1,219,100	Against
Delaware/Macquarie	0	1,087,224	Against
Equitable	0	1,048,235	Against

Showing the 25 largest of 76 asset managers. See all 76 in the interactive database.

2. In the Event of a Second Call, Can the Voting Instructions Contained in this Proxy Card Be Considered Valid for the Second Call?

CORPORATE GOVERNANCE

Meeting held 2024-04-25; no official results are on file for this meeting.

Combines 3 wordings of this item as funds reported it.

98% fund support · no official result

FOR 98%

The 71 asset managers below cast 98% of the shares they voted on this item FOR (339,624,652 for, 5,582,337 against).

FOR: 339,624,652 (98.3%)AGAINST: 5,582,337 (1.6%)ABSTAIN: 321,300 (0.1%)

Largest asset managers voting on “In the Event of a Second Call, Can the Voting Instructions Contained in this Proxy Card Be Considered Valid fo” at PETROLEO BRASILEIRO SA, 2023-2024
Asset manager	For	Against	Vote
BlackRock	116,938,034	0	For
Vanguard	105,597,509	0	For
Fidelity	36,020,891	0	For
WisdomTree	20,625,581	0	For
TIAA	7,605,673	0	For
MFS	6,817,546	0	For
RWC ASSET ADVISORS (US) LLC	6,676,490	0	For
CULLEN FUNDS TRUST	6,634,558	0	For
State Street	0	4,777,924	Against
Lazard	3,888,585	0	For
Dimensional	3,678,136	0	For
Invesco	2,933,064	0	For
FRANKLIN FUND ALLOCATOR SERIES	2,650,100	0	For
Franklin Templeton	1,773,900	0	For
GMO	1,623,863	0	For
Perpetual Americas Funds Trust	1,348,935	0	For
First Trust	1,311,727	0	For
Delaware/Macquarie	1,087,224	0	For
John Hancock	889,097	128,229	For
DRIEHAUS MUTUAL FUNDS	961,317	0	For
Northern Trust	857,556	0	For
T. Rowe Price	842,595	0	For
DWS	748,380	0	For
Victory Capital	634,529	0	For
Equitable	620,989	0	For

Showing the 25 largest of 71 asset managers. See all 71 in the interactive database.

3. Accept Financial Statements and Statutory Reports for Fiscal Year Ended Dec. 31, 2023

CORPORATE GOVERNANCE

Meeting held 2024-04-25; no official results are on file for this meeting.

100% fund support · no official result

FOR 73%ABSTAIN 27%

The 66 asset managers below cast 100% of the shares they voted on this item FOR (315,228,659 for, 0 against).

FOR: 315,228,659 (72.9%)ABSTAIN: 117,286,391 (27.1%)

Largest asset managers voting on “Accept Financial Statements and Statutory Reports for Fiscal Year Ended Dec. 31, 2023” at PETROLEO BRASILEIRO SA, 2023-2024
Asset manager	For	Abstain	Vote
BlackRock	0	116,938,034	Abstain
Vanguard	106,607,033	0	For
Goldman Sachs	53,786,378	0	For
Fidelity	36,403,139	0	For
Dimensional	35,020,144	0	For
WisdomTree	20,625,581	0	For
Thornburg	7,612,740	0	For
TIAA	7,605,673	0	For
MFS	6,817,546	0	For
RWC ASSET ADVISORS (US) LLC	6,676,490	0	For
State Street	4,777,924	0	For
Lazard	3,888,585	0	For
Invesco	2,933,064	0	For
FRANKLIN FUND ALLOCATOR SERIES	2,650,100	0	For
Franklin Templeton	1,783,900	0	For
GMO	1,623,863	0	For
Columbia Threadneedle	1,412,839	0	For
Perpetual Americas Funds Trust	1,348,935	0	For
First Trust	1,311,727	0	For
Delaware/Macquarie	1,087,224	0	For
DRIEHAUS MUTUAL FUNDS	961,317	0	For
Northern Trust	857,556	0	For
T. Rowe Price	842,595	0	For
DWS	748,380	0	For
Equitable	655,155	0	For

Showing the 25 largest of 66 asset managers. See all 66 in the interactive database.

4. Approve Allocation of Income and Dividends

CAPITAL STRUCTURE

Meeting held 2024-04-25; no official results are on file for this meeting.

99.8% fund support · no official result

FOR 99.8%

The 66 asset managers below cast 99.8% of the shares they voted on this item FOR (446,842,560 for, 584,220 against).

FOR: 446,842,560 (99.9%)AGAINST: 584,220 (0.1%)

Largest asset managers voting on “Approve Allocation of Income and Dividends” at PETROLEO BRASILEIRO SA, 2023-2024
Asset manager	For	Vote
BlackRock	116,938,034	For
Vanguard	106,607,033	For
Goldman Sachs	53,786,378	For
Fidelity	36,403,139	For
Dimensional	35,020,144	For
WisdomTree	20,625,581	For
RWC Asset Management LLP	14,912,707	For
Thornburg	7,612,740	For
TIAA	7,605,673	For
MFS	6,817,546	For
RWC ASSET ADVISORS (US) LLC	6,676,490	For
State Street	4,777,924	For
Lazard	3,888,585	For
Invesco	2,933,064	For
FRANKLIN FUND ALLOCATOR SERIES	2,650,100	For
Franklin Templeton	1,783,900	For
GMO	1,623,863	For
Columbia Threadneedle	1,412,839	For
Perpetual Americas Funds Trust	1,348,935	For
First Trust	1,311,727	For
Delaware/Macquarie	1,087,224	For
DRIEHAUS MUTUAL FUNDS	961,317	For
Northern Trust	857,556	For
T. Rowe Price	842,595	For
DWS	748,380	For

Showing the 25 largest of 66 asset managers. See all 66 in the interactive database.

5. Approve Classification of Ivanyra Maura de Medeiros Correia as Independent Director

DIRECTOR ELECTIONSCORPORATE GOVERNANCE

Meeting held 2024-04-25; no official results are on file for this meeting.

99.8% fund support · no official result

FOR 99.8%

The 66 asset managers below cast 99.8% of the shares they voted on this item FOR (432,244,251 for, 584,220 against).

FOR: 432,244,251 (99.9%)AGAINST: 584,220 (0.1%)

Largest asset managers voting on “Approve Classification of Ivanyra Maura de Medeiros Correia as Independent Director” at PETROLEO BRASILEIRO SA, 2023-2024
Asset manager	For	Vote
BlackRock	116,938,034	For
Vanguard	106,607,033	For
Goldman Sachs	53,786,378	For
Fidelity	36,403,139	For
Dimensional	35,020,144	For
WisdomTree	20,625,581	For
Thornburg	7,612,740	For
TIAA	7,605,673	For
MFS	6,817,546	For
RWC ASSET ADVISORS (US) LLC	6,676,490	For
State Street	4,777,924	For
Lazard	3,888,585	For
Invesco	2,933,064	For
FRANKLIN FUND ALLOCATOR SERIES	2,650,100	For
Franklin Templeton	1,783,900	For
GMO	1,623,863	For
Columbia Threadneedle	1,412,839	For
Perpetual Americas Funds Trust	1,348,935	For
First Trust	1,311,727	For
Delaware/Macquarie	1,087,224	For
DRIEHAUS MUTUAL FUNDS	961,317	For
Northern Trust	857,556	For
T. Rowe Price	842,595	For
DWS	748,380	For
Equitable	655,155	For

Showing the 25 largest of 66 asset managers. See all 66 in the interactive database.

6. Approve Classification of Jose Joao Abdalla Filho as Independent Director

DIRECTOR ELECTIONSCORPORATE GOVERNANCE

Meeting held 2024-04-25; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 66 asset managers below cast 100% of the shares they voted on this item FOR (432,828,471 for, 0 against).

FOR: 432,828,471 (100.0%)

Largest asset managers voting on “Approve Classification of Jose Joao Abdalla Filho as Independent Director” at PETROLEO BRASILEIRO SA, 2023-2024
Asset manager	For	Vote
BlackRock	116,938,034	For
Vanguard	106,607,033	For
Goldman Sachs	53,786,378	For
Fidelity	36,403,139	For
Dimensional	35,020,144	For
WisdomTree	20,625,581	For
Thornburg	7,612,740	For
TIAA	7,605,673	For
MFS	6,817,546	For
RWC ASSET ADVISORS (US) LLC	6,676,490	For
State Street	4,777,924	For
Lazard	3,888,585	For
Invesco	2,933,064	For
FRANKLIN FUND ALLOCATOR SERIES	2,650,100	For
Franklin Templeton	1,783,900	For
GMO	1,623,863	For
Columbia Threadneedle	1,412,839	For
Perpetual Americas Funds Trust	1,348,935	For
First Trust	1,311,727	For
Delaware/Macquarie	1,087,224	For
DRIEHAUS MUTUAL FUNDS	961,317	For
Northern Trust	857,556	For
T. Rowe Price	842,595	For
DWS	748,380	For
Equitable	655,155	For

Showing the 25 largest of 66 asset managers. See all 66 in the interactive database.

7. Approve Classification of Marcelo Gasparino da Silva as Independent Director

DIRECTOR ELECTIONSCORPORATE GOVERNANCE

Meeting held 2024-04-25; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 66 asset managers below cast 100% of the shares they voted on this item FOR (432,828,471 for, 0 against).

FOR: 432,828,471 (100.0%)

Largest asset managers voting on “Approve Classification of Marcelo Gasparino da Silva as Independent Director” at PETROLEO BRASILEIRO SA, 2023-2024
Asset manager	For	Vote
BlackRock	116,938,034	For
Vanguard	106,607,033	For
Goldman Sachs	53,786,378	For
Fidelity	36,403,139	For
Dimensional	35,020,144	For
WisdomTree	20,625,581	For
Thornburg	7,612,740	For
TIAA	7,605,673	For
MFS	6,817,546	For
RWC ASSET ADVISORS (US) LLC	6,676,490	For
State Street	4,777,924	For
Lazard	3,888,585	For
Invesco	2,933,064	For
FRANKLIN FUND ALLOCATOR SERIES	2,650,100	For
Franklin Templeton	1,783,900	For
GMO	1,623,863	For
Columbia Threadneedle	1,412,839	For
Perpetual Americas Funds Trust	1,348,935	For
First Trust	1,311,727	For
Delaware/Macquarie	1,087,224	For
DRIEHAUS MUTUAL FUNDS	961,317	For
Northern Trust	857,556	For
T. Rowe Price	842,595	For
DWS	748,380	For
Equitable	655,155	For

Showing the 25 largest of 66 asset managers. See all 66 in the interactive database.

8. Approve Classification of Rafael Ramalho Dubeux as Independent Director

DIRECTOR ELECTIONSCORPORATE GOVERNANCE

Meeting held 2024-04-25; no official results are on file for this meeting.

7% fund support · no official result

AGAINST 93%

The 66 asset managers below cast 7% of the shares they voted on this item FOR (28,383,256 for, 404,445,215 against).

FOR: 28,383,256 (6.6%)AGAINST: 404,445,215 (93.4%)

Largest asset managers voting on “Approve Classification of Rafael Ramalho Dubeux as Independent Director” at PETROLEO BRASILEIRO SA, 2023-2024
Asset manager	For	Against	Vote
BlackRock	0	116,938,034	Against
Vanguard	0	106,607,033	Against
Goldman Sachs	0	53,786,378	Against
Fidelity	19,772,165	16,630,974	For
Dimensional	0	35,020,144	Against
WisdomTree	0	20,625,581	Against
Thornburg	0	7,612,740	Against
TIAA	7,605,673	0	For
MFS	0	6,817,546	Against
RWC ASSET ADVISORS (US) LLC	0	6,676,490	Against
State Street	0	4,777,924	Against
Lazard	0	3,888,585	Against
Invesco	0	2,933,064	Against
FRANKLIN FUND ALLOCATOR SERIES	0	2,650,100	Against
Franklin Templeton	0	1,783,900	Against
GMO	0	1,623,863	Against
Columbia Threadneedle	0	1,412,839	Against
Perpetual Americas Funds Trust	0	1,348,935	Against
First Trust	0	1,311,727	Against
Delaware/Macquarie	0	1,087,224	Against
DRIEHAUS MUTUAL FUNDS	0	961,317	Against
Northern Trust	0	857,556	Against
T. Rowe Price	0	842,595	Against
DWS	0	748,380	Against
Equitable	0	655,155	Against

Showing the 25 largest of 66 asset managers. See all 66 in the interactive database.

9. Approve Classification of Renato Campos Galuppo as Independent Director

DIRECTOR ELECTIONSCORPORATE GOVERNANCE

Meeting held 2024-04-25; no official results are on file for this meeting.

88% fund support · no official result

FOR 88%12%

The 66 asset managers below cast 88% of the shares they voted on this item FOR (378,806,023 for, 54,022,448 against).

FOR: 378,806,023 (87.5%)AGAINST: 54,022,448 (12.5%)

Largest asset managers voting on “Approve Classification of Renato Campos Galuppo as Independent Director” at PETROLEO BRASILEIRO SA, 2023-2024
Asset manager	For	Against	Vote
BlackRock	116,938,034	0	For
Vanguard	106,607,033	0	For
Goldman Sachs	348,150	53,438,228	Against
Fidelity	36,403,139	0	For
Dimensional	35,020,144	0	For
WisdomTree	20,625,581	0	For
Thornburg	7,612,740	0	For
TIAA	7,605,673	0	For
MFS	6,817,546	0	For
RWC ASSET ADVISORS (US) LLC	6,676,490	0	For
State Street	4,777,924	0	For
Lazard	3,888,585	0	For
Invesco	2,933,064	0	For
FRANKLIN FUND ALLOCATOR SERIES	2,650,100	0	For
Franklin Templeton	1,783,900	0	For
GMO	1,623,863	0	For
Columbia Threadneedle	1,412,839	0	For
Perpetual Americas Funds Trust	1,348,935	0	For
First Trust	1,311,727	0	For
Delaware/Macquarie	1,087,224	0	For
DRIEHAUS MUTUAL FUNDS	961,317	0	For
Northern Trust	857,556	0	For
T. Rowe Price	842,595	0	For
DWS	748,380	0	For
Equitable	655,155	0	For

Showing the 25 largest of 66 asset managers. See all 66 in the interactive database.

10. Approve Remuneration of Company's Management, Fiscal Council, and Statutory Advisory Committees

COMPENSATION

Meeting held 2024-04-25; no official results are on file for this meeting.

56% fund support · no official result

FOR 56%AGAINST 44%

The 66 asset managers below cast 56% of the shares they voted on this item FOR (242,775,644 for, 189,947,628 against).

FOR: 242,775,644 (56.1%)AGAINST: 189,947,628 (43.9%)

Largest asset managers voting on “Approve Remuneration of Company's Management, Fiscal Council, and Statutory Advisory Committees” at PETROLEO BRASILEIRO SA, 2023-2024
Asset manager	For	Against	Vote
BlackRock	116,938,034	0	For
Vanguard	106,607,033	0	For
Goldman Sachs	0	53,786,378	Against
Fidelity	17,928,515	18,474,624	Against
Dimensional	0	35,020,144	Against
WisdomTree	0	20,625,581	Against
Thornburg	0	7,612,740	Against
TIAA	0	7,605,673	Against
MFS	0	6,817,546	Against
RWC ASSET ADVISORS (US) LLC	0	6,676,490	Against
State Street	0	4,777,924	Against
Lazard	0	3,888,585	Against
Invesco	53,486	2,879,578	Against
FRANKLIN FUND ALLOCATOR SERIES	0	2,650,100	Against
Franklin Templeton	0	1,783,900	Against
GMO	0	1,623,863	Against
Columbia Threadneedle	0	1,412,839	Against
Perpetual Americas Funds Trust	0	1,348,935	Against
First Trust	0	1,311,727	Against
Delaware/Macquarie	0	1,087,224	Against
DRIEHAUS MUTUAL FUNDS	0	961,317	Against
Northern Trust	0	857,556	Against
T. Rowe Price	0	842,595	Against
DWS	0	748,380	Against
Equitable	0	655,155	Against

Showing the 25 largest of 66 asset managers. See all 66 in the interactive database.

11. Do You Wish to Adopt Cumulative Voting for the Election of the Members of the Board of Directors, Under the Terms of Article 141 of the Brazilian Corporate Law?

SHAREHOLDER RIGHTS AND DEFENSES

Meeting held 2024-04-25; no official results are on file for this meeting.

94% fund support · no official result

FOR 94%

The 66 asset managers below cast 94% of the shares they voted on this item FOR (406,598,879 for, 25,226,273 against).

FOR: 406,598,879 (94.0%)AGAINST: 25,226,273 (5.8%)ABSTAIN: 689,641 (0.2%)

Largest asset managers voting on “Do You Wish to Adopt Cumulative Voting for the Election of the Members of the Board of Directors, Under the Te” at PETROLEO BRASILEIRO SA, 2023-2024
Asset manager	For	Against	Vote
BlackRock	116,938,034	0	For
Vanguard	106,607,033	0	For
Goldman Sachs	53,786,378	0	For
Fidelity	16,630,974	19,772,165	Against
Dimensional	35,020,144	0	For
WisdomTree	20,625,581	0	For
Thornburg	7,612,740	0	For
TIAA	7,605,673	0	For
MFS	6,817,546	0	For
RWC ASSET ADVISORS (US) LLC	6,676,490	0	For
State Street	0	4,777,924	Against
Lazard	3,888,585	0	For
Invesco	2,933,064	0	For
FRANKLIN FUND ALLOCATOR SERIES	2,650,100	0	For
Franklin Templeton	1,783,900	0	For
GMO	1,623,863	0	For
Columbia Threadneedle	1,412,839	0	For
Perpetual Americas Funds Trust	1,348,935	0	For
First Trust	1,311,727	0	For
Delaware/Macquarie	1,087,224	0	For
DRIEHAUS MUTUAL FUNDS	961,317	0	For
Northern Trust	857,556	0	For
T. Rowe Price	842,595	0	For
DWS	748,380	0	For
Equitable	655,155	0	For

Showing the 25 largest of 66 asset managers. See all 66 in the interactive database.

12. Elect Directors

DIRECTOR ELECTIONS

Meeting held 2024-04-25; no official results are on file for this meeting.

All nominees (reported as one line). These filers reported the election of directors as a single line covering every nominee. It is not attributed to any one director, and no share total is shown for it.

1% fund support · no official result

AGAINST 99%

The 66 asset managers below cast 1% of the shares they voted on this item FOR.

FOR: 1.3%AGAINST: 98.7%

Largest asset managers voting on “Elect Directors” at PETROLEO BRASILEIRO SA, 2023-2024
Asset manager	For	Against	Vote
BlackRock	0	116,938,034	Against
Vanguard	0	106,607,033	Against
Goldman Sachs	0	53,786,378	Against
Fidelity	0	36,403,139	Against
Dimensional	0	35,020,144	Against
WisdomTree	0	20,625,581	Against
Thornburg	0	7,612,740	Against
TIAA	0	7,605,673	Against
MFS	0	6,817,546	Against
RWC ASSET ADVISORS (US) LLC	0	6,676,490	Against
State Street	0	4,777,924	Against
Lazard	0	3,888,585	Against
Invesco	2,879,578	53,486	For
FRANKLIN FUND ALLOCATOR SERIES	0	2,650,100	Against
RWC Asset Management LLP	2,399,554	0	For
Franklin Templeton	0	1,783,900	Against
GMO	0	1,623,863	Against
Columbia Threadneedle	0	1,412,839	Against
Perpetual Americas Funds Trust	0	1,348,935	Against
First Trust	0	1,311,727	Against
Delaware/Macquarie	0	1,087,224	Against
DRIEHAUS MUTUAL FUNDS	0	961,317	Against
Northern Trust	0	857,556	Against
T. Rowe Price	0	842,595	Against
DWS	0	748,380	Against

Showing the 25 largest of 66 asset managers. See all 66 in the interactive database.

13. Elect Fiscal Council Members

COMPENSATIONCORPORATE GOVERNANCE

Meeting held 2024-04-25; no official results are on file for this meeting.

97% fund support · no official result

ABSTAIN 95%

The 66 asset managers below cast 97% of the shares they voted on this item FOR (20,463,785 for, 584,220 against).

FOR: 20,463,785 (4.7%)AGAINST: 584,220 (0.1%)ABSTAIN: 411,466,668 (95.1%)

Largest asset managers voting on “Elect Fiscal Council Members” at PETROLEO BRASILEIRO SA, 2023-2024
Asset manager	For	Abstain	Vote
BlackRock	0	116,938,034	Abstain
Vanguard	0	106,607,033	Abstain
Goldman Sachs	0	53,786,378	Abstain
Fidelity	19,772,165	16,630,974	For
Dimensional	0	35,020,144	Abstain
WisdomTree	0	20,625,581	Abstain
Thornburg	0	7,612,740	Abstain
TIAA	0	7,605,673	Abstain
MFS	0	6,817,546	Abstain
RWC ASSET ADVISORS (US) LLC	0	6,676,490	Abstain
State Street	0	4,777,924	Abstain
Lazard	0	3,888,585	Abstain
Invesco	0	2,933,064	Abstain
FRANKLIN FUND ALLOCATOR SERIES	0	2,650,100	Abstain
Franklin Templeton	0	1,783,900	Abstain
GMO	0	1,623,863	Abstain
Columbia Threadneedle	0	1,412,839	Abstain
Perpetual Americas Funds Trust	0	1,348,935	Abstain
First Trust	0	1,311,727	Abstain
Delaware/Macquarie	0	1,087,224	Abstain
DRIEHAUS MUTUAL FUNDS	0	961,317	Abstain
Northern Trust	0	857,556	Abstain
T. Rowe Price	0	842,595	Abstain
DWS	0	748,380	Abstain
Equitable	0	655,155	Abstain

Showing the 25 largest of 66 asset managers. See all 66 in the interactive database.

14. Elect Ronaldo Dias as Fiscal Council Member and Ricardo Jose Martins Gimenez as Alternate Appointed by Minority Shareholder

AUDIT-RELATEDCORPORATE GOVERNANCE

Meeting held 2024-04-25; no official results are on file for this meeting.

100% fund support · no official result

FOR 95%

The 66 asset managers below cast 100% of the shares they voted on this item FOR (418,789,967 for, 0 against).

FOR: 418,789,967 (95.3%)ABSTAIN: 20,461,806 (4.7%)

Largest asset managers voting on “Elect Ronaldo Dias as Fiscal Council Member and Ricardo Jose Martins Gimenez as Alternate Appointed by Minorit” at PETROLEO BRASILEIRO SA, 2023-2024
Asset manager	For	Abstain	Vote
BlackRock	116,938,034	0	For
Vanguard	106,607,033	0	For
Goldman Sachs	53,786,378	0	For
Fidelity	16,630,974	19,772,165	Abstain
Dimensional	35,020,144	0	For
WisdomTree	20,625,581	0	For
Thornburg	7,612,740	0	For
TIAA	7,605,673	0	For
MFS	6,817,546	0	For
RWC Asset Management LLP	6,737,700	0	For
RWC ASSET ADVISORS (US) LLC	6,676,490	0	For
State Street	4,777,924	0	For
Lazard	3,888,585	0	For
Invesco	2,933,064	0	For
FRANKLIN FUND ALLOCATOR SERIES	2,650,100	0	For
Franklin Templeton	1,783,900	0	For
GMO	1,623,863	0	For
Columbia Threadneedle	1,412,839	0	For
Perpetual Americas Funds Trust	1,348,935	0	For
First Trust	1,311,727	0	For
Delaware/Macquarie	1,087,224	0	For
DRIEHAUS MUTUAL FUNDS	961,317	0	For
Northern Trust	857,556	0	For
T. Rowe Price	842,595	0	For
DWS	748,380	0	For

Showing the 25 largest of 66 asset managers. See all 66 in the interactive database.

15. Fix Number of Directors at Eleven

CORPORATE GOVERNANCE

Meeting held 2024-04-25; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 66 asset managers below cast 100% of the shares they voted on this item FOR (590,734,588 for, 0 against).

FOR: 590,734,588 (100.0%)

Largest asset managers voting on “Fix Number of Directors at Eleven” at PETROLEO BRASILEIRO SA, 2023-2024
Asset manager	For	Vote
RWC Asset Management LLP	158,220,515	For
BlackRock	116,938,034	For
Vanguard	106,607,033	For
Goldman Sachs	53,786,378	For
Fidelity	36,403,139	For
Dimensional	35,020,144	For
WisdomTree	20,625,581	For
Thornburg	7,612,740	For
TIAA	7,605,673	For
MFS	6,817,546	For
RWC ASSET ADVISORS (US) LLC	6,676,490	For
State Street	4,777,924	For
Lazard	3,888,585	For
Invesco	2,933,064	For
FRANKLIN FUND ALLOCATOR SERIES	2,650,100	For
Franklin Templeton	1,783,900	For
GMO	1,623,863	For
Columbia Threadneedle	1,412,839	For
Perpetual Americas Funds Trust	1,348,935	For
First Trust	1,311,727	For
Delaware/Macquarie	1,087,224	For
DRIEHAUS MUTUAL FUNDS	961,317	For
Northern Trust	857,556	For
T. Rowe Price	842,595	For
DWS	748,380	For

Showing the 25 largest of 66 asset managers. See all 66 in the interactive database.

16. Fix Number of Fiscal Council Members at Five

CORPORATE GOVERNANCE

Meeting held 2024-04-25; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 66 asset managers below cast 100% of the shares they voted on this item FOR (432,515,050 for, 0 against).

FOR: 432,515,050 (100.0%)

Largest asset managers voting on “Fix Number of Fiscal Council Members at Five” at PETROLEO BRASILEIRO SA, 2023-2024
Asset manager	For	Vote
BlackRock	116,938,034	For
Vanguard	106,607,033	For
Goldman Sachs	53,786,378	For
Fidelity	36,403,139	For
Dimensional	35,020,144	For
WisdomTree	20,625,581	For
Thornburg	7,612,740	For
TIAA	7,605,673	For
MFS	6,817,546	For
RWC ASSET ADVISORS (US) LLC	6,676,490	For
State Street	4,777,924	For
Lazard	3,888,585	For
Invesco	2,933,064	For
FRANKLIN FUND ALLOCATOR SERIES	2,650,100	For
Franklin Templeton	1,783,900	For
GMO	1,623,863	For
Columbia Threadneedle	1,412,839	For
Perpetual Americas Funds Trust	1,348,935	For
First Trust	1,311,727	For
Delaware/Macquarie	1,087,224	For
DRIEHAUS MUTUAL FUNDS	961,317	For
Northern Trust	857,556	For
T. Rowe Price	842,595	For
DWS	748,380	For
Equitable	655,155	For

Showing the 25 largest of 66 asset managers. See all 66 in the interactive database.

17. In Case Cumulative Voting Is Adopted, Do You Wish to Equally Distribute Your Votes Amongst the Nominees below?

DIRECTOR ELECTIONS

Meeting held 2024-04-25; no official results are on file for this meeting.

99.9% fund support · no official result

FOR 98%

The 66 asset managers below cast 99.9% of the shares they voted on this item FOR (423,069,259 for, 368,341 against).

FOR: 423,069,259 (97.8%)AGAINST: 368,341 (0.1%)ABSTAIN: 9,077,193 (2.1%)

Largest asset managers voting on “In Case Cumulative Voting Is Adopted, Do You Wish to Equally Distribute Your Votes Amongst the Nominees below?” at PETROLEO BRASILEIRO SA, 2023-2024
Asset manager	For	Abstain	Vote
BlackRock	108,182,141	8,755,893	For
Vanguard	106,607,033	0	For
Goldman Sachs	53,786,378	0	For
Fidelity	36,403,139	0	For
Dimensional	35,020,144	0	For
WisdomTree	20,625,581	0	For
Thornburg	7,612,740	0	For
TIAA	7,605,673	0	For
MFS	6,817,546	0	For
RWC ASSET ADVISORS (US) LLC	6,676,490	0	For
State Street	4,777,924	0	For
Lazard	3,888,585	0	For
Invesco	2,933,064	0	For
FRANKLIN FUND ALLOCATOR SERIES	2,650,100	0	For
Franklin Templeton	1,783,900	0	For
GMO	1,623,863	0	For
Columbia Threadneedle	1,412,839	0	For
Perpetual Americas Funds Trust	1,348,935	0	For
First Trust	1,311,727	0	For
Delaware/Macquarie	1,087,224	0	For
DRIEHAUS MUTUAL FUNDS	961,317	0	For
Northern Trust	857,556	0	For
T. Rowe Price	842,595	0	For
DWS	748,380	0	For
Equitable	655,155	0	For

Showing the 25 largest of 66 asset managers. See all 66 in the interactive database.

18. In Case One of the Nominees Leaves the Fiscal Council Slate Due to a Separate Minority Election, as Allowed Under Articles 161 and 240 of the Brazilian Corporate Law, May Your Votes Still Be Counted for the Proposed Slate?

CORPORATE GOVERNANCE

Meeting held 2024-04-25; no official results are on file for this meeting.

0.2% fund support · no official result

AGAINST 99.7%

The 66 asset managers below cast 0.2% of the shares they voted on this item FOR (684,118 for, 431,823,053 against).

FOR: 684,118 (0.2%)AGAINST: 431,823,053 (99.8%)ABSTAIN: 321,300 (0.1%)

Largest asset managers voting on “In Case One of the Nominees Leaves the Fiscal Council Slate Due to a Separate Minority Election, as Allowed Un” at PETROLEO BRASILEIRO SA, 2023-2024
Asset manager	Against	Vote
BlackRock	116,938,034	Against
Vanguard	106,607,033	Against
Goldman Sachs	53,786,378	Against
Fidelity	36,403,139	Against
Dimensional	35,020,144	Against
WisdomTree	20,625,581	Against
Thornburg	7,612,740	Against
TIAA	7,605,673	Against
MFS	6,817,546	Against
RWC ASSET ADVISORS (US) LLC	6,676,490	Against
State Street	4,777,924	Against
Lazard	3,888,585	Against
Invesco	2,933,064	Against
FRANKLIN FUND ALLOCATOR SERIES	2,650,100	Against
Franklin Templeton	1,783,900	Against
GMO	1,623,863	Against
Columbia Threadneedle	1,412,839	Against
Perpetual Americas Funds Trust	1,348,935	Against
First Trust	1,311,727	Against
Delaware/Macquarie	1,087,224	Against
DRIEHAUS MUTUAL FUNDS	961,317	Against
Northern Trust	857,556	Against
T. Rowe Price	842,595	Against
DWS	748,380	Against
Equitable	655,155	Against

Showing the 25 largest of 66 asset managers. See all 66 in the interactive database.

19. In Case There is Any Change to the Board Slate Composition, May Your Votes Still be Counted for the Proposed Slate?

CORPORATE GOVERNANCE

Meeting held 2024-04-25; no official results are on file for this meeting.

0.1% fund support · no official result

AGAINST 99.9%

The 66 asset managers below cast 0.1% of the shares they voted on this item FOR (2,099 for, 432,191,394 against).

FOR: 2,099 (0.0%)AGAINST: 432,191,394 (99.9%)ABSTAIN: 321,300 (0.1%)

Largest asset managers voting on “In Case There is Any Change to the Board Slate Composition, May Your Votes Still be Counted for the Proposed S” at PETROLEO BRASILEIRO SA, 2023-2024
Asset manager	Against	Vote
BlackRock	116,938,034	Against
Vanguard	106,607,033	Against
Goldman Sachs	53,786,378	Against
Fidelity	36,403,139	Against
Dimensional	35,020,144	Against
WisdomTree	20,625,581	Against
Thornburg	7,612,740	Against
TIAA	7,605,673	Against
MFS	6,817,546	Against
RWC ASSET ADVISORS (US) LLC	6,676,490	Against
State Street	4,777,924	Against
Lazard	3,888,585	Against
Invesco	2,933,064	Against
FRANKLIN FUND ALLOCATOR SERIES	2,650,100	Against
Franklin Templeton	1,783,900	Against
GMO	1,623,863	Against
Columbia Threadneedle	1,412,839	Against
Perpetual Americas Funds Trust	1,348,935	Against
First Trust	1,311,727	Against
Delaware/Macquarie	1,087,224	Against
DRIEHAUS MUTUAL FUNDS	961,317	Against
Northern Trust	857,556	Against
T. Rowe Price	842,595	Against
DWS	748,380	Against
Equitable	655,155	Against

Showing the 25 largest of 66 asset managers. See all 66 in the interactive database.

20. Percentage of Votes to Be Assigned - Elect Benjamin Alves Rabello Filho as Director

DIRECTOR ELECTIONS

Meeting held 2024-04-25; no official results are on file for this meeting.

90% fund support · no official result

ABSTAIN 94%

The 66 asset managers below cast 90% of the shares they voted on this item FOR (22,979,543 for, 2,481,356 against).

FOR: 22,979,543 (5.3%)AGAINST: 2,481,356 (0.6%)ABSTAIN: 408,380,650 (94.1%)

Largest asset managers voting on “Percentage of Votes to Be Assigned - Elect Benjamin Alves Rabello Filho as Director” at PETROLEO BRASILEIRO SA, 2023-2024
Asset manager	For	Against	Abstain	Vote
BlackRock	0	0	116,938,034	Abstain
Vanguard	0	0	106,607,033	Abstain
Goldman Sachs	0	0	53,786,378	Abstain
Fidelity	17,928,515	1,843,650	16,630,974	For
Dimensional	0	0	35,020,144	Abstain
WisdomTree	0	0	20,625,581	Abstain
Thornburg	0	0	7,612,740	Abstain
TIAA	0	0	7,605,673	Abstain
MFS	0	0	6,817,546	Abstain
RWC ASSET ADVISORS (US) LLC	0	0	6,676,490	Abstain
State Street	0	0	4,777,924	Abstain
Lazard	0	0	3,888,585	Abstain
Invesco	2,879,578	53,486	0	For
FRANKLIN FUND ALLOCATOR SERIES	0	0	2,650,100	Abstain
Franklin Templeton	0	0	1,783,900	Abstain
GMO	0	0	1,623,863	Abstain
Columbia Threadneedle	0	0	1,412,839	Abstain
Perpetual Americas Funds Trust	0	0	1,348,935	Abstain
RWC Asset Management LLP	1,327,476	0	0	For
First Trust	0	0	1,311,727	Abstain
Delaware/Macquarie	0	0	1,087,224	Abstain
DRIEHAUS MUTUAL FUNDS	0	0	961,317	Abstain
Northern Trust	0	0	857,556	Abstain
T. Rowe Price	842,595	0	0	For
DWS	0	0	748,380	Abstain

Showing the 25 largest of 66 asset managers. See all 66 in the interactive database.

21. Percentage of Votes to Be Assigned - Elect Bruno Moretti as Director

DIRECTOR ELECTIONS

Meeting held 2024-04-25; no official results are on file for this meeting.

90% fund support · no official result

ABSTAIN 94%

The 66 asset managers below cast 90% of the shares they voted on this item FOR (22,979,543 for, 2,481,356 against).

FOR: 22,979,543 (5.3%)AGAINST: 2,481,356 (0.6%)ABSTAIN: 408,380,650 (94.1%)

Largest asset managers voting on “Percentage of Votes to Be Assigned - Elect Bruno Moretti as Director” at PETROLEO BRASILEIRO SA, 2023-2024
Asset manager	For	Against	Abstain	Vote
BlackRock	0	0	116,938,034	Abstain
Vanguard	0	0	106,607,033	Abstain
Goldman Sachs	0	0	53,786,378	Abstain
Fidelity	17,928,515	1,843,650	16,630,974	For
Dimensional	0	0	35,020,144	Abstain
WisdomTree	0	0	20,625,581	Abstain
Thornburg	0	0	7,612,740	Abstain
TIAA	0	0	7,605,673	Abstain
MFS	0	0	6,817,546	Abstain
RWC ASSET ADVISORS (US) LLC	0	0	6,676,490	Abstain
State Street	0	0	4,777,924	Abstain
Lazard	0	0	3,888,585	Abstain
Invesco	2,879,578	53,486	0	For
FRANKLIN FUND ALLOCATOR SERIES	0	0	2,650,100	Abstain
Franklin Templeton	0	0	1,783,900	Abstain
GMO	0	0	1,623,863	Abstain
Columbia Threadneedle	0	0	1,412,839	Abstain
Perpetual Americas Funds Trust	0	0	1,348,935	Abstain
RWC Asset Management LLP	1,327,476	0	0	For
First Trust	0	0	1,311,727	Abstain
Delaware/Macquarie	0	0	1,087,224	Abstain
DRIEHAUS MUTUAL FUNDS	0	0	961,317	Abstain
Northern Trust	0	0	857,556	Abstain
T. Rowe Price	842,595	0	0	For
DWS	0	0	748,380	Abstain

Showing the 25 largest of 66 asset managers. See all 66 in the interactive database.

22. Percentage of Votes to Be Assigned - Elect Ivanyra Maura de Medeiros Correia as Independent Director

DIRECTOR ELECTIONS

Meeting held 2024-04-25; no official results are on file for this meeting.

98% fund support · no official result

ABSTAIN 94%

The 66 asset managers below cast 98% of the shares they voted on this item FOR (24,876,679 for, 584,220 against).

FOR: 24,876,679 (5.7%)AGAINST: 584,220 (0.1%)ABSTAIN: 408,380,650 (94.1%)

Largest asset managers voting on “Percentage of Votes to Be Assigned - Elect Ivanyra Maura de Medeiros Correia as Independent Director” at PETROLEO BRASILEIRO SA, 2023-2024
Asset manager	For	Abstain	Vote
BlackRock	0	116,938,034	Abstain
Vanguard	0	106,607,033	Abstain
Goldman Sachs	0	53,786,378	Abstain
Fidelity	19,772,165	16,630,974	For
Dimensional	0	35,020,144	Abstain
WisdomTree	0	20,625,581	Abstain
Thornburg	0	7,612,740	Abstain
TIAA	0	7,605,673	Abstain
MFS	0	6,817,546	Abstain
RWC ASSET ADVISORS (US) LLC	0	6,676,490	Abstain
State Street	0	4,777,924	Abstain
Lazard	0	3,888,585	Abstain
Invesco	2,933,064	0	For
FRANKLIN FUND ALLOCATOR SERIES	0	2,650,100	Abstain
Franklin Templeton	0	1,783,900	Abstain
GMO	0	1,623,863	Abstain
Columbia Threadneedle	0	1,412,839	Abstain
Perpetual Americas Funds Trust	0	1,348,935	Abstain
RWC Asset Management LLP	1,327,476	0	For
First Trust	0	1,311,727	Abstain
Delaware/Macquarie	0	1,087,224	Abstain
DRIEHAUS MUTUAL FUNDS	0	961,317	Abstain
Northern Trust	0	857,556	Abstain
T. Rowe Price	842,595	0	For
DWS	0	748,380	Abstain

Showing the 25 largest of 66 asset managers. See all 66 in the interactive database.

23. Percentage of Votes to Be Assigned - Elect Jean Paul Terra Prates as Director

DIRECTOR ELECTIONS

Meeting held 2024-04-25; no official results are on file for this meeting.

91% fund support · no official result

ABSTAIN 94%

The 66 asset managers below cast 91% of the shares they voted on this item FOR (24,051,621 for, 2,481,356 against).

FOR: 24,051,621 (5.5%)AGAINST: 2,481,356 (0.6%)ABSTAIN: 408,380,650 (93.9%)

Largest asset managers voting on “Percentage of Votes to Be Assigned - Elect Jean Paul Terra Prates as Director” at PETROLEO BRASILEIRO SA, 2023-2024
Asset manager	For	Against	Abstain	Vote
BlackRock	0	0	116,938,034	Abstain
Vanguard	0	0	106,607,033	Abstain
Goldman Sachs	0	0	53,786,378	Abstain
Fidelity	17,928,515	1,843,650	16,630,974	For
Dimensional	0	0	35,020,144	Abstain
WisdomTree	0	0	20,625,581	Abstain
Thornburg	0	0	7,612,740	Abstain
TIAA	0	0	7,605,673	Abstain
MFS	0	0	6,817,546	Abstain
RWC ASSET ADVISORS (US) LLC	0	0	6,676,490	Abstain
State Street	0	0	4,777,924	Abstain
Lazard	0	0	3,888,585	Abstain
Invesco	2,879,578	53,486	0	For
FRANKLIN FUND ALLOCATOR SERIES	0	0	2,650,100	Abstain
RWC Asset Management LLP	2,399,554	0	0	For
Franklin Templeton	0	0	1,783,900	Abstain
GMO	0	0	1,623,863	Abstain
Columbia Threadneedle	0	0	1,412,839	Abstain
Perpetual Americas Funds Trust	0	0	1,348,935	Abstain
First Trust	0	0	1,311,727	Abstain
Delaware/Macquarie	0	0	1,087,224	Abstain
DRIEHAUS MUTUAL FUNDS	0	0	961,317	Abstain
Northern Trust	0	0	857,556	Abstain
T. Rowe Price	842,595	0	0	For
DWS	0	0	748,380	Abstain

Showing the 25 largest of 66 asset managers. See all 66 in the interactive database.

24. Percentage of Votes to Be Assigned - Elect Jose Joao Abdalla Filho as Independent Director

DIRECTOR ELECTIONS

Meeting held 2024-04-25; no official results are on file for this meeting.

100% fund support · no official result

FOR 98%

The 66 asset managers below cast 100% of the shares they voted on this item FOR (426,330,595 for, 0 against).

FOR: 426,330,595 (98.3%)ABSTAIN: 7,510,954 (1.7%)

Largest asset managers voting on “Percentage of Votes to Be Assigned - Elect Jose Joao Abdalla Filho as Independent Director” at PETROLEO BRASILEIRO SA, 2023-2024
Asset manager	For	Abstain	Vote
BlackRock	116,938,034	0	For
Vanguard	106,607,033	0	For
Goldman Sachs	53,786,378	0	For
Fidelity	36,403,139	0	For
Dimensional	35,020,144	0	For
WisdomTree	20,625,581	0	For
Thornburg	7,612,740	0	For
TIAA	7,605,673	0	For
MFS	6,817,546	0	For
RWC ASSET ADVISORS (US) LLC	0	6,676,490	Abstain
State Street	4,777,924	0	For
Lazard	3,888,585	0	For
Invesco	2,933,064	0	For
FRANKLIN FUND ALLOCATOR SERIES	2,650,100	0	For
Franklin Templeton	1,783,900	0	For
GMO	1,623,863	0	For
Columbia Threadneedle	1,412,839	0	For
Perpetual Americas Funds Trust	1,348,935	0	For
RWC Asset Management LLP	1,327,476	0	For
First Trust	1,311,727	0	For
Delaware/Macquarie	1,087,224	0	For
DRIEHAUS MUTUAL FUNDS	961,317	0	For
Northern Trust	857,556	0	For
T. Rowe Price	842,595	0	For
DWS	748,380	0	For

Showing the 25 largest of 66 asset managers. See all 66 in the interactive database.

25. Percentage of Votes to Be Assigned - Elect Marcelo Gasparino da Silva as Independent Director

DIRECTOR ELECTIONS

Meeting held 2024-04-25; no official results are on file for this meeting.

100% fund support · no official result

FOR 98%

The 66 asset managers below cast 100% of the shares they voted on this item FOR (427,402,673 for, 0 against).

FOR: 427,402,673 (98.3%)ABSTAIN: 7,510,954 (1.7%)

Largest asset managers voting on “Percentage of Votes to Be Assigned - Elect Marcelo Gasparino da Silva as Independent Director” at PETROLEO BRASILEIRO SA, 2023-2024
Asset manager	For	Abstain	Vote
BlackRock	116,938,034	0	For
Vanguard	106,607,033	0	For
Goldman Sachs	53,786,378	0	For
Fidelity	36,403,139	0	For
Dimensional	35,020,144	0	For
WisdomTree	20,625,581	0	For
Thornburg	7,612,740	0	For
TIAA	7,605,673	0	For
MFS	6,817,546	0	For
RWC ASSET ADVISORS (US) LLC	0	6,676,490	Abstain
State Street	4,777,924	0	For
Lazard	3,888,585	0	For
Invesco	2,933,064	0	For
FRANKLIN FUND ALLOCATOR SERIES	2,650,100	0	For
RWC Asset Management LLP	2,399,554	0	For
Franklin Templeton	1,783,900	0	For
GMO	1,623,863	0	For
Columbia Threadneedle	1,412,839	0	For
Perpetual Americas Funds Trust	1,348,935	0	For
First Trust	1,311,727	0	For
Delaware/Macquarie	1,087,224	0	For
DRIEHAUS MUTUAL FUNDS	961,317	0	For
Northern Trust	857,556	0	For
T. Rowe Price	842,595	0	For
DWS	748,380	0	For

Showing the 25 largest of 66 asset managers. See all 66 in the interactive database.

26. Percentage of Votes to Be Assigned - Elect Pietro Adamo Sampaio Mendes as Director

DIRECTOR ELECTIONS

Meeting held 2024-04-25; no official results are on file for this meeting.

23% fund support · no official result

ABSTAIN 94%

The 66 asset managers below cast 23% of the shares they voted on this item FOR (6,123,106 for, 20,409,871 against).

FOR: 6,123,106 (1.4%)AGAINST: 20,409,871 (4.7%)ABSTAIN: 408,380,650 (93.9%)

Largest asset managers voting on “Percentage of Votes to Be Assigned - Elect Pietro Adamo Sampaio Mendes as Director” at PETROLEO BRASILEIRO SA, 2023-2024
Asset manager	For	Against	Abstain	Vote
BlackRock	0	0	116,938,034	Abstain
Vanguard	0	0	106,607,033	Abstain
Goldman Sachs	0	0	53,786,378	Abstain
Fidelity	0	19,772,165	16,630,974	Against
Dimensional	0	0	35,020,144	Abstain
WisdomTree	0	0	20,625,581	Abstain
Thornburg	0	0	7,612,740	Abstain
TIAA	0	0	7,605,673	Abstain
MFS	0	0	6,817,546	Abstain
RWC ASSET ADVISORS (US) LLC	0	0	6,676,490	Abstain
State Street	0	0	4,777,924	Abstain
Lazard	0	0	3,888,585	Abstain
Invesco	2,879,578	53,486	0	For
FRANKLIN FUND ALLOCATOR SERIES	0	0	2,650,100	Abstain
RWC Asset Management LLP	2,399,554	0	0	For
Franklin Templeton	0	0	1,783,900	Abstain
GMO	0	0	1,623,863	Abstain
Columbia Threadneedle	0	0	1,412,839	Abstain
Perpetual Americas Funds Trust	0	0	1,348,935	Abstain
First Trust	0	0	1,311,727	Abstain
Delaware/Macquarie	0	0	1,087,224	Abstain
DRIEHAUS MUTUAL FUNDS	0	0	961,317	Abstain
Northern Trust	0	0	857,556	Abstain
T. Rowe Price	842,595	0	0	For
DWS	0	0	748,380	Abstain

Showing the 25 largest of 66 asset managers. See all 66 in the interactive database.

27. Percentage of Votes to Be Assigned - Elect Rafael Ramalho Dubeux as Independent Director

DIRECTOR ELECTIONS

Meeting held 2024-04-25; no official results are on file for this meeting.

97% fund support · no official result

ABSTAIN 94%

The 66 asset managers below cast 97% of the shares they voted on this item FOR (24,823,193 for, 637,706 against).

FOR: 24,823,193 (5.7%)AGAINST: 637,706 (0.1%)ABSTAIN: 408,380,650 (94.1%)

Largest asset managers voting on “Percentage of Votes to Be Assigned - Elect Rafael Ramalho Dubeux as Independent Director” at PETROLEO BRASILEIRO SA, 2023-2024
Asset manager	For	Against	Abstain	Vote
BlackRock	0	0	116,938,034	Abstain
Vanguard	0	0	106,607,033	Abstain
Goldman Sachs	0	0	53,786,378	Abstain
Fidelity	19,772,165	0	16,630,974	For
Dimensional	0	0	35,020,144	Abstain
WisdomTree	0	0	20,625,581	Abstain
Thornburg	0	0	7,612,740	Abstain
TIAA	0	0	7,605,673	Abstain
MFS	0	0	6,817,546	Abstain
RWC ASSET ADVISORS (US) LLC	0	0	6,676,490	Abstain
State Street	0	0	4,777,924	Abstain
Lazard	0	0	3,888,585	Abstain
Invesco	2,879,578	53,486	0	For
FRANKLIN FUND ALLOCATOR SERIES	0	0	2,650,100	Abstain
Franklin Templeton	0	0	1,783,900	Abstain
GMO	0	0	1,623,863	Abstain
Columbia Threadneedle	0	0	1,412,839	Abstain
Perpetual Americas Funds Trust	0	0	1,348,935	Abstain
RWC Asset Management LLP	1,327,476	0	0	For
First Trust	0	0	1,311,727	Abstain
Delaware/Macquarie	0	0	1,087,224	Abstain
DRIEHAUS MUTUAL FUNDS	0	0	961,317	Abstain
Northern Trust	0	0	857,556	Abstain
T. Rowe Price	842,595	0	0	For
DWS	0	0	748,380	Abstain

Showing the 25 largest of 66 asset managers. See all 66 in the interactive database.

28. Amend Articles 19 and 44

CORPORATE GOVERNANCE

Meeting held 2024-04-25; no official results are on file for this meeting.

100% fund support · no official result

FOR 100%

The 66 asset managers below cast 100% of the shares they voted on this item FOR (432,515,050 for, 0 against).

FOR: 432,515,050 (100.0%)

Largest asset managers voting on “Amend Articles 19 and 44” at PETROLEO BRASILEIRO SA, 2023-2024
Asset manager	For	Vote
BlackRock	116,938,034	For
Vanguard	106,607,033	For
Goldman Sachs	53,786,378	For
Fidelity	36,403,139	For
Dimensional	35,020,144	For
WisdomTree	20,625,581	For
Thornburg	7,612,740	For
TIAA	7,605,673	For
MFS	6,817,546	For
RWC ASSET ADVISORS (US) LLC	6,676,490	For
State Street	4,777,924	For
Lazard	3,888,585	For
Invesco	2,933,064	For
FRANKLIN FUND ALLOCATOR SERIES	2,650,100	For
Franklin Templeton	1,783,900	For
GMO	1,623,863	For
Columbia Threadneedle	1,412,839	For
Perpetual Americas Funds Trust	1,348,935	For
First Trust	1,311,727	For
Delaware/Macquarie	1,087,224	For
DRIEHAUS MUTUAL FUNDS	961,317	For
Northern Trust	857,556	For
T. Rowe Price	842,595	For
DWS	748,380	For
Equitable	655,155	For

Showing the 25 largest of 66 asset managers. See all 66 in the interactive database.

29. Percentage of Votes to Be Assigned - Elect Renato Campos Galuppo as Independent Director

DIRECTOR ELECTIONS

Meeting held 2024-04-25; no official results are on file for this meeting.

22% fund support · no official result

ABSTAIN 94%

The 66 asset managers below cast 22% of the shares they voted on this item FOR (5,620,688 for, 19,840,211 against).

FOR: 5,620,688 (1.3%)AGAINST: 19,840,211 (4.6%)ABSTAIN: 408,380,650 (94.1%)

Largest asset managers voting on “Percentage of Votes to Be Assigned - Elect Renato Campos Galuppo as Independent Director” at PETROLEO BRASILEIRO SA, 2023-2024
Asset manager	For	Against	Abstain	Vote
BlackRock	0	0	116,938,034	Abstain
Vanguard	0	0	106,607,033	Abstain
Goldman Sachs	0	0	53,786,378	Abstain
Fidelity	1,843,650	17,928,515	16,630,974	Against
Dimensional	0	0	35,020,144	Abstain
WisdomTree	0	0	20,625,581	Abstain
Thornburg	0	0	7,612,740	Abstain
TIAA	0	0	7,605,673	Abstain
MFS	0	0	6,817,546	Abstain
RWC ASSET ADVISORS (US) LLC	0	0	6,676,490	Abstain
State Street	0	0	4,777,924	Abstain
Lazard	0	0	3,888,585	Abstain
Invesco	2,933,064	0	0	For
FRANKLIN FUND ALLOCATOR SERIES	0	0	2,650,100	Abstain
Franklin Templeton	0	0	1,783,900	Abstain
GMO	0	0	1,623,863	Abstain
Columbia Threadneedle	0	0	1,412,839	Abstain
Perpetual Americas Funds Trust	0	0	1,348,935	Abstain
RWC Asset Management LLP	0	1,327,476	0	Against
First Trust	0	0	1,311,727	Abstain
Delaware/Macquarie	0	0	1,087,224	Abstain
DRIEHAUS MUTUAL FUNDS	0	0	961,317	Abstain
Northern Trust	0	0	857,556	Abstain
T. Rowe Price	842,595	0	0	For
DWS	0	0	748,380	Abstain

Showing the 25 largest of 66 asset managers. See all 66 in the interactive database.

30. Percentage of Votes to Be Assigned - Elect Vitor Eduardo de Almeida Saback as Director

DIRECTOR ELECTIONS

Meeting held 2024-04-25; no official results are on file for this meeting.

79% fund support · no official result

ABSTAIN 94%

The 66 asset managers below cast 79% of the shares they voted on this item FOR (20,099,965 for, 5,360,934 against).

FOR: 20,099,965 (4.6%)AGAINST: 5,360,934 (1.2%)ABSTAIN: 408,380,650 (94.1%)

Largest asset managers voting on “Percentage of Votes to Be Assigned - Elect Vitor Eduardo de Almeida Saback as Director” at PETROLEO BRASILEIRO SA, 2023-2024
Asset manager	For	Against	Abstain	Vote
BlackRock	0	0	116,938,034	Abstain
Vanguard	0	0	106,607,033	Abstain
Goldman Sachs	0	0	53,786,378	Abstain
Fidelity	17,928,515	1,843,650	16,630,974	For
Dimensional	0	0	35,020,144	Abstain
WisdomTree	0	0	20,625,581	Abstain
Thornburg	0	0	7,612,740	Abstain
TIAA	0	0	7,605,673	Abstain
MFS	0	0	6,817,546	Abstain
RWC ASSET ADVISORS (US) LLC	0	0	6,676,490	Abstain
State Street	0	0	4,777,924	Abstain
Lazard	0	0	3,888,585	Abstain
Invesco	0	2,933,064	0	Against
FRANKLIN FUND ALLOCATOR SERIES	0	0	2,650,100	Abstain
Franklin Templeton	0	0	1,783,900	Abstain
GMO	0	0	1,623,863	Abstain
Columbia Threadneedle	0	0	1,412,839	Abstain
Perpetual Americas Funds Trust	0	0	1,348,935	Abstain
RWC Asset Management LLP	1,327,476	0	0	For
First Trust	0	0	1,311,727	Abstain
Delaware/Macquarie	0	0	1,087,224	Abstain
DRIEHAUS MUTUAL FUNDS	0	0	961,317	Abstain
Northern Trust	0	0	857,556	Abstain
T. Rowe Price	842,595	0	0	For
DWS	0	0	748,380	Abstain

Showing the 25 largest of 66 asset managers. See all 66 in the interactive database.

31. Amend Articles and Consolidate Bylaws

CORPORATE GOVERNANCE

Meeting held 2023-11-30; no official results are on file for this meeting.

0.3% fund support · no official result

AGAINST 99.7%

The 65 asset managers below cast 0.3% of the shares they voted on this item FOR (1,280,246 for, 450,784,704 against).

FOR: 1,280,246 (0.3%)AGAINST: 450,784,704 (99.7%)

Largest asset managers voting on “Amend Articles and Consolidate Bylaws” at PETROLEO BRASILEIRO SA, 2023-2024
Asset manager	For	Against	Vote
BlackRock	0	114,441,500	Against
Vanguard	0	108,589,998	Against
Goldman Sachs	0	54,897,778	Against
Fidelity	0	48,287,873	Against
Dimensional	0	35,627,000	Against
WisdomTree	0	20,143,162	Against
Thornburg	0	7,612,740	Against
MFS	0	7,490,727	Against
TIAA	0	7,406,573	Against
RWC ASSET ADVISORS (US) LLC	0	6,579,185	Against
Artisan	0	6,343,119	Against
Lazard	0	4,854,291	Against
State Street	0	4,730,707	Against
Invesco	0	3,168,570	Against
Franklin Templeton	0	1,678,200	Against
First Trust	0	1,662,870	Against
Victory Capital	0	1,615,937	Against
American Century	0	1,524,456	Against
Columbia Threadneedle	0	1,461,954	Against
Brighthouse	0	1,222,754	Against
DRIEHAUS MUTUAL FUNDS	0	1,178,282	Against
Northern Trust	0	789,534	Against
Equitable	0	787,700	Against
RWC Asset Management LLP	753,534	0	For
DWS	0	741,794	Against

Showing the 25 largest of 65 asset managers. See all 65 in the interactive database.

32. In the Event of a Second Call, Can the Voting Instructions Contained in this Proxy Card Be Considered Valid for the Second Call?

CORPORATE GOVERNANCE

Meeting held 2023-11-30; no official results are on file for this meeting.

99% fund support · no official result

FOR 99%

The 65 asset managers below cast 99% of the shares they voted on this item FOR (446,652,100 for, 5,412,850 against).

FOR: 446,652,100 (98.8%)AGAINST: 5,412,850 (1.2%)

Largest asset managers voting on “In the Event of a Second Call, Can the Voting Instructions Contained in this Proxy Card Be Considered Valid fo” at PETROLEO BRASILEIRO SA, 2023-2024
Asset manager	For	Against	Vote
BlackRock	114,441,500	0	For
Vanguard	108,589,998	0	For
Goldman Sachs	54,897,778	0	For
Fidelity	48,287,873	0	For
Dimensional	35,627,000	0	For
WisdomTree	20,143,162	0	For
Thornburg	7,612,740	0	For
MFS	7,490,727	0	For
TIAA	7,406,573	0	For
RWC ASSET ADVISORS (US) LLC	6,579,185	0	For
Artisan	6,343,119	0	For
Lazard	4,854,291	0	For
State Street	0	4,730,707	Against
Invesco	3,168,570	0	For
Franklin Templeton	1,678,200	0	For
First Trust	1,662,870	0	For
Victory Capital	1,615,937	0	For
American Century	1,524,456	0	For
Columbia Threadneedle	1,461,954	0	For
Brighthouse	1,086,854	135,900	For
DRIEHAUS MUTUAL FUNDS	1,178,282	0	For
Northern Trust	789,534	0	For
Equitable	787,700	0	For
RWC Asset Management LLP	753,534	0	For
DWS	741,794	0	For

Showing the 25 largest of 65 asset managers. See all 65 in the interactive database.

33. Elect Aristoteles Nogueira Filho as Director Appointed by Preferred Shareholder

DIRECTOR ELECTIONS

Meeting held 2024-04-25; no official results are on file for this meeting.

93% fund support · no official result

FOR 26%ABSTAIN 72%

The 61 asset managers below cast 93% of the shares they voted on this item FOR (169,424,692 for, 13,238,665 against).

FOR: 169,424,692 (26.3%)AGAINST: 13,238,665 (2.1%)ABSTAIN: 461,231,662 (71.6%)

Largest asset managers voting on “Elect Aristoteles Nogueira Filho as Director Appointed by Preferred Shareholder” at PETROLEO BRASILEIRO SA, 2023-2024
Asset manager	For	Against	Abstain	Vote
Vanguard	157,078,863	0	490,700	For
BlackRock	0	0	156,720,961	Abstain
Goldman Sachs	0	0	126,700,163	Abstain
Fidelity	0	13,238,665	35,912,542	Abstain
Dimensional	0	0	43,583,825	Abstain
AllianceBernstein	0	0	17,480,000	Abstain
GMO	12,168,725	0	517,095	For
MFS	0	0	11,899,946	Abstain
TIAA	0	0	9,629,390	Abstain
PIMCO	0	0	9,382,298	Abstain
TEMPLETON DEVELOPING MARKETS TRUST	0	0	4,591,932	Abstain
Invesco	0	0	4,479,174	Abstain
State Street	0	0	3,891,237	Abstain
Franklin Templeton	0	0	3,719,928	Abstain
Delaware/Macquarie	0	0	3,585,509	Abstain
CAUSEWAY CAPITAL MANAGEMENT TRUST	0	0	2,284,620	Abstain
DWS	0	0	2,219,532	Abstain
Advisors' Inner Circle Fund II	0	0	2,177,800	Abstain
ADVISORS' INNER CIRCLE FUND	0	0	1,889,094	Abstain
Columbia Threadneedle	0	0	1,861,806	Abstain
AIG/SunAmerica	0	0	1,845,617	Abstain
Allspring	0	0	1,677,974	Abstain
Northern Trust	0	0	1,677,171	Abstain
Victory Capital	0	0	1,383,600	Abstain
First Trust	0	0	995,334	Abstain

Showing the 25 largest of 61 asset managers. See all 61 in the interactive database.

34. Elect Jeronimo Antunes as Director Appointed by Preferred Shareholder

DIRECTOR ELECTIONS

Meeting held 2024-04-25; no official results are on file for this meeting.

97% fund support · no official result

FOR 74%ABSTAIN 24%

The 61 asset managers below cast 97% of the shares they voted on this item FOR (474,470,327 for, 12,168,725 against).

FOR: 474,470,327 (73.7%)AGAINST: 12,168,725 (1.9%)ABSTAIN: 157,255,967 (24.4%)

Largest asset managers voting on “Elect Jeronimo Antunes as Director Appointed by Preferred Shareholder” at PETROLEO BRASILEIRO SA, 2023-2024
Asset manager	For	Against	Abstain	Vote
Vanguard	490,700	0	157,078,863	Abstain
BlackRock	156,720,961	0	0	For
Goldman Sachs	126,700,163	0	0	For
Fidelity	49,151,207	0	0	For
Dimensional	43,583,825	0	0	For
AllianceBernstein	17,480,000	0	0	For
GMO	517,095	12,168,725	0	Against
MFS	11,899,946	0	0	For
TIAA	9,629,390	0	0	For
PIMCO	9,382,298	0	0	For
TEMPLETON DEVELOPING MARKETS TRUST	4,591,932	0	0	For
Invesco	4,479,174	0	0	For
State Street	3,891,237	0	0	For
Franklin Templeton	3,719,928	0	0	For
Delaware/Macquarie	3,585,509	0	0	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	2,284,620	0	0	For
DWS	2,219,532	0	0	For
Advisors' Inner Circle Fund II	2,177,800	0	0	For
ADVISORS' INNER CIRCLE FUND	1,889,094	0	0	For
Columbia Threadneedle	1,861,806	0	0	For
AIG/SunAmerica	1,845,617	0	0	For
Allspring	1,677,974	0	0	For
Northern Trust	1,677,171	0	0	For
Victory Capital	1,383,600	0	0	For
First Trust	995,334	0	0	For

Showing the 25 largest of 61 asset managers. See all 61 in the interactive database.

35. Elect Joao Vicente Silva Machado as Fiscal Council Member and Jandaraci Ferreira de Araujo as Alternate Appointed by Preferred Shareholder

AUDIT-RELATEDCORPORATE GOVERNANCE

Meeting held 2024-04-25; no official results are on file for this meeting.

100% fund support · no official result

FOR 26%ABSTAIN 74%

The 61 asset managers below cast 100% of the shares they voted on this item FOR (170,317,528 for, 0 against).

FOR: 170,317,528 (26.5%)ABSTAIN: 473,577,491 (73.5%)

Largest asset managers voting on “Elect Joao Vicente Silva Machado as Fiscal Council Member and Jandaraci Ferreira de Araujo as Alternate Appoin” at PETROLEO BRASILEIRO SA, 2023-2024
Asset manager	For	Abstain	Vote
Vanguard	157,078,863	490,700	For
BlackRock	0	156,720,961	Abstain
Goldman Sachs	0	126,700,163	Abstain
Fidelity	13,238,665	35,912,542	Abstain
Dimensional	0	43,583,825	Abstain
AllianceBernstein	0	17,480,000	Abstain
GMO	0	12,685,820	Abstain
MFS	0	11,899,946	Abstain
TIAA	0	9,629,390	Abstain
PIMCO	0	9,382,298	Abstain
TEMPLETON DEVELOPING MARKETS TRUST	0	4,591,932	Abstain
Invesco	0	4,479,174	Abstain
State Street	0	3,891,237	Abstain
Franklin Templeton	0	3,719,928	Abstain
Delaware/Macquarie	0	3,585,509	Abstain
CAUSEWAY CAPITAL MANAGEMENT TRUST	0	2,284,620	Abstain
DWS	0	2,219,532	Abstain
Advisors' Inner Circle Fund II	0	2,177,800	Abstain
ADVISORS' INNER CIRCLE FUND	0	1,889,094	Abstain
Columbia Threadneedle	0	1,861,806	Abstain
AIG/SunAmerica	0	1,845,617	Abstain
Allspring	0	1,677,974	Abstain
Northern Trust	0	1,677,171	Abstain
Victory Capital	0	1,383,600	Abstain
First Trust	0	995,334	Abstain

Showing the 25 largest of 61 asset managers. See all 61 in the interactive database.

36. Elect Paulo Roberto Franceschi as Fiscal Council Member and Vanderlei Dominguez da Rosa as Alternate Appointed by Preferred Shareholder

AUDIT-RELATEDCORPORATE GOVERNANCE

Meeting held 2024-04-25; no official results are on file for this meeting.

97% fund support · no official result

FOR 74%ABSTAIN 24%

The 61 asset managers below cast 97% of the shares they voted on this item FOR (473,577,491 for, 13,238,665 against).

FOR: 473,577,491 (73.5%)AGAINST: 13,238,665 (2.1%)ABSTAIN: 157,078,863 (24.4%)

Largest asset managers voting on “Elect Paulo Roberto Franceschi as Fiscal Council Member and Vanderlei Dominguez da Rosa as Alternate Appointed” at PETROLEO BRASILEIRO SA, 2023-2024
Asset manager	For	Against	Abstain	Vote
Vanguard	490,700	0	157,078,863	Abstain
BlackRock	156,720,961	0	0	For
Goldman Sachs	126,700,163	0	0	For
Fidelity	35,912,542	13,238,665	0	For
Dimensional	43,583,825	0	0	For
AllianceBernstein	17,480,000	0	0	For
GMO	12,685,820	0	0	For
MFS	11,899,946	0	0	For
TIAA	9,629,390	0	0	For
PIMCO	9,382,298	0	0	For
TEMPLETON DEVELOPING MARKETS TRUST	4,591,932	0	0	For
Invesco	4,479,174	0	0	For
State Street	3,891,237	0	0	For
Franklin Templeton	3,719,928	0	0	For
Delaware/Macquarie	3,585,509	0	0	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	2,284,620	0	0	For
DWS	2,219,532	0	0	For
Advisors' Inner Circle Fund II	2,177,800	0	0	For
ADVISORS' INNER CIRCLE FUND	1,889,094	0	0	For
Columbia Threadneedle	1,861,806	0	0	For
AIG/SunAmerica	1,845,617	0	0	For
Allspring	1,677,974	0	0	For
Northern Trust	1,677,171	0	0	For
Victory Capital	1,383,600	0	0	For
First Trust	995,334	0	0	For

Showing the 25 largest of 61 asset managers. See all 61 in the interactive database.

37. In Case Neither Class of Shares Reaches the Minimum Quorum Required by the Brazilian Corporate Law to Elect a Board Representative in Separate Elections, Would You Like to Use Your Votes to Elect the Candidate with More Votes to Represent Both Classes?

CORPORATE GOVERNANCE

Meeting held 2024-04-25; no official results are on file for this meeting.

99.3% fund support · no official result

FOR 99.3%

The 61 asset managers below cast 99.3% of the shares they voted on this item FOR (639,507,982 for, 4,387,037 against).

FOR: 639,507,982 (99.3%)AGAINST: 4,387,037 (0.7%)

Largest asset managers voting on “In Case Neither Class of Shares Reaches the Minimum Quorum Required by the Brazilian Corporate Law to Elect a ” at PETROLEO BRASILEIRO SA, 2023-2024
Asset manager	For	Against	Vote
Vanguard	157,569,563	0	For
BlackRock	156,720,961	0	For
Goldman Sachs	126,700,163	0	For
Fidelity	49,151,207	0	For
Dimensional	43,583,825	0	For
AllianceBernstein	17,480,000	0	For
GMO	12,685,820	0	For
MFS	11,899,946	0	For
TIAA	9,629,390	0	For
PIMCO	9,382,298	0	For
TEMPLETON DEVELOPING MARKETS TRUST	4,591,932	0	For
Invesco	4,479,174	0	For
State Street	0	3,891,237	Against
Franklin Templeton	3,719,928	0	For
Delaware/Macquarie	3,585,509	0	For
CAUSEWAY CAPITAL MANAGEMENT TRUST	2,284,620	0	For
DWS	2,219,532	0	For
Advisors' Inner Circle Fund II	2,177,800	0	For
ADVISORS' INNER CIRCLE FUND	1,889,094	0	For
Columbia Threadneedle	1,861,806	0	For
AIG/SunAmerica	1,845,617	0	For
Allspring	1,677,974	0	For
Northern Trust	1,677,171	0	For
Victory Capital	1,383,600	0	For
First Trust	995,334	0	For

Showing the 25 largest of 61 asset managers. See all 61 in the interactive database.

38. Elect Francisco Petros Oliveira Lima Papathanasiadis as Director Appointed by Minority Shareholder

DIRECTOR ELECTIONSCOMPENSATION

Meeting held 2024-04-25; no official results are on file for this meeting.

98% fund support · no official result

FOR 20%ABSTAIN 80%

The 54 asset managers below cast 98% of the shares they voted on this item FOR (25,744,390 for, 584,220 against).

FOR: 25,744,390 (19.5%)AGAINST: 584,220 (0.4%)ABSTAIN: 105,631,436 (80.0%)

Largest asset managers voting on “Elect Francisco Petros Oliveira Lima Papathanasiadis as Director Appointed by Minority Shareholder” at PETROLEO BRASILEIRO SA, 2023-2024
Asset manager	For	Against	Abstain	Vote
Goldman Sachs	0	0	53,786,378	Abstain
Fidelity	0	0	18,601,632	Abstain
BlackRock	8,755,893	0	0	For
Thornburg	0	0	7,612,740	Abstain
MFS	6,686,646	0	0	For
RWC ASSET ADVISORS (US) LLC	6,676,490	0	0	For
Dimensional	0	0	4,434,916	Abstain
Lazard	0	0	3,888,585	Abstain
State Street	0	0	3,552,258	Abstain
RWC Asset Management LLP	2,399,554	0	0	For
Columbia Threadneedle	0	0	1,412,839	Abstain
Perpetual Americas Funds Trust	0	0	1,348,935	Abstain
First Trust	0	0	1,311,727	Abstain
Vanguard	0	0	1,162,557	Abstain
Delaware/Macquarie	0	0	1,087,224	Abstain
DRIEHAUS MUTUAL FUNDS	0	0	961,317	Abstain
GMO	0	0	925,442	Abstain
T. Rowe Price	0	0	824,377	Abstain
Victory Capital	0	0	634,529	Abstain
DWS	0	0	627,800	Abstain
Equitable	0	0	620,989	Abstain
UBS	0	584,220	0	Against
Allspring	0	0	562,079	Abstain
Nationwide	0	0	425,409	Abstain
Capital Group	368,341	0	0	For

Showing the 25 largest of 54 asset managers. See all 54 in the interactive database.

39. Analysis of management accounts, analysis, discussion, and voting on the Management Report and the Company's Financial Statements, accompanied by the independent auditors' report and Petrobras' Fiscal Council's Opinion for the fiscal year ended on December 31, 2023.

OTHER

Meeting held 2024-04-25; no official results are on file for this meeting.

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 99.9%

The 26 asset managers below cast 100% of the shares they voted on this item FOR (24,659,550 for, 0 against).

FOR: 24,659,550 (100.0%)ABSTAIN: 1,760 (0.0%)

Largest asset managers voting on “Analysis of management accounts, analysis, discussion, and voting on the Management Report and the Company's F” at PETROLEO BRASILEIRO SA, 2023-2024
Asset manager	For	Abstain	Vote
BAILLIE GIFFORD FUNDS	11,263,991	0	For
CULLEN FUNDS TRUST	6,634,558	0	For
Jackson National	2,600,373	0	For
John Hancock	1,017,326	0	For
Vanguard	432,184	0	For
Cambria ETF Trust	424,200	0	For
Morningstar Funds Trust	411,260	0	For
Two Roads Shared Trust	327,804	0	For
Brookfield Investment Funds	306,670	0	For
JPMorgan	276,539	0	For
Miller/Howard High Income Equity Fund	275,000	0	For
TIMOTHY PLAN	88,687	0	For
apricus wealth, LLC	85,440	0	For
Cohen & Steers	83,544	0	For
Krane Shares Trust	83,100	0	For
TRUST FOR PROFESSIONAL MANAGERS	66,140	0	For
ETF Series Solutions	53,605	0	For
TrimTabs ETF Trust	48,271	0	For
Advisors' Inner Circle Fund III	47,600	0	For
Gabelli	35,000	0	For
GPS Funds I	34,877	0	For
PFM Multi-Manager Series Trust	31,425	0	For
HARBOR FUNDS	24,756	0	For
Northern Lights Fund Trust IV	7,200	0	For
CITY NATIONAL ROCHDALE FUNDS	0	1,760	Abstain

Showing the 25 largest of 26 asset managers. See all 26 in the interactive database.

40. If one of the candidates of the slate leaves it, to accommodate the separate election referred to in articles 161, paragraph 4, and 240 of Law 6404, of 1976, can the votes corresponding to your shares continue to be conferred to the same slate?

SHAREHOLDER RIGHTS AND DEFENSES

Meeting held 2024-04-25; no official results are on file for this meeting.

Combines 2 wordings of this item as funds reported it.

34% fund support · no official result

FOR 34%AGAINST 66%

The 26 asset managers below cast 34% of the shares they voted on this item FOR (8,387,024 for, 16,272,526 against).

FOR: 8,387,024 (34.0%)AGAINST: 16,272,526 (66.0%)ABSTAIN: 1,760 (0.0%)

Largest asset managers voting on “If one of the candidates of the slate leaves it, to accommodate the separate election referred to in articles ” at PETROLEO BRASILEIRO SA, 2023-2024
Asset manager	For	Against	Abstain	Vote
BAILLIE GIFFORD FUNDS	0	11,263,991	0	Against
CULLEN FUNDS TRUST	6,634,558	0	0	For
Jackson National	0	2,600,373	0	Against
John Hancock	0	1,017,326	0	Against
Vanguard	0	432,184	0	Against
Cambria ETF Trust	424,200	0	0	For
Morningstar Funds Trust	411,260	0	0	For
Two Roads Shared Trust	327,804	0	0	For
Brookfield Investment Funds	306,670	0	0	For
JPMorgan	0	276,539	0	Against
Miller/Howard High Income Equity Fund	0	275,000	0	Against
TIMOTHY PLAN	88,687	0	0	For
apricus wealth, LLC	85,440	0	0	For
Cohen & Steers	0	83,544	0	Against
Krane Shares Trust	0	83,100	0	Against
TRUST FOR PROFESSIONAL MANAGERS	0	66,140	0	Against
ETF Series Solutions	53,605	0	0	For
TrimTabs ETF Trust	0	48,271	0	Against
Advisors' Inner Circle Fund III	47,600	0	0	For
Gabelli	0	35,000	0	Against
GPS Funds I	0	34,877	0	Against
PFM Multi-Manager Series Trust	0	31,425	0	Against
HARBOR FUNDS	0	24,756	0	Against
Northern Lights Fund Trust IV	7,200	0	0	For
CITY NATIONAL ROCHDALE FUNDS	0	0	1,760	Abstain

Showing the 25 largest of 26 asset managers. See all 26 in the interactive database.

Showing the 40 reported items with the widest manager coverage, of 148 in total. View every item.

Largest PETROLEO BRASILEIRO SA shareholders voting in 2023-2024

Ranked by the number of PETROLEO BRASILEIRO SA shares each manager voted on the most widely held ballot item of the 2023-2024 meeting.

Top PETROLEO BRASILEIRO SA shareholders by shares voted, 2023-2024
#	Asset manager	Shares voted
1	Vanguard	117,078,347
2	BlackRock	116,938,034
3	Goldman Sachs	53,786,378
4	Fidelity	37,142,629
5	Dimensional	35,020,144
6	WisdomTree	20,625,581
7	Charles Schwab	17,459,029
8	Thornburg	7,612,740
9	TIAA	7,605,673
10	MFS	6,817,546

Shown as share counts, not percentages: no shares-outstanding figure has been matched to PETROLEO BRASILEIRO SA for the 2023-2024 season, so there is no denominator to divide by.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered investment companies and institutional managers disclose how they voted every proxy, and Form 8-K Item 5.07, in which the company reports its own meeting results. This page is a static snapshot rebuilt weekly on 04 October 2026; a live search always shows the current data.

At PETROLEO BRASILEIRO SA's 2 shareholder meetings in the 2023-2024 proxy season (held 2023-11-30 and 2024-04-25), 142 asset managers reported how they voted in their SEC Form N-PX filings, covering 10,422 separate fund positions. Their filings are grouped here into 148 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. No official Form 8-K vote tally has been matched to this meeting, so this page states no certified outcome for its most widely held ballot item. On that item — Elect Pietro Adamo Sampaio Mendes as Board Chairman — the reporting funds cast 0.8% of the shares they voted in favour (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side). That is the aggregate of those managers' own N-PX disclosures, not the company's certified result, and the funds are a subset of all shareholders.

PETROLEO BRASILEIRO SA proxy season coverage: 2023-2024 (this page) · 2024-2025 · 2025-2026.