Prio SaBMFBOVESPA: PRIO3

Earnings presentation - 1q26

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3





CAMPOS BASIN











1@26



IQ2S

2Q2S

3Q2S

4Q2S

1Q26

1Q26 X IQ2S

IQ26 X 4Q2S



Avg. Brent

S

74.98

S

66.71

68.17

68.08

$ 78.3+

4.5%

E4.3%

Average Brent Reference Price

S

76.68

65.86

$ 68.3Z

63.ZZ

$ 83.50

j %

y %

Avg. Exchange Rate

S

5.85

S

5.66

S 5.6S

5.40

$ S.Z6

-$. %

-.$%

final Exchange Rate

S

5.71

S

5.43

S S.3Z

1

5.47

9 5.18

-g. %



Offta :es (kbbl)

Valente Cluster (100°/oJ

Z,7SO

Z,3S9

Z,8Z7

Z,86S

3Z7l





14.Z%

Albacora Leste field (90 low

Z,6Z6

1,397

3,237

1,644

3,ZZ6

33.9%



Bravo Cluster (I00%o

1,267

780

1,342

1,321

1,1ZO

-11.6%

Peregrino field (a0 /oJ

3,574

3,635

1,430

4,78Z

7,Z3Z

ION. 4O/

TOP I PRIO

10,217

8,172

8,835

10,612

14,849



45.3%



Produtcion (boepd)

Valente Cluster (100 /oJ

3. 7%

Albacora Leste field (90 low



21,926

26,810

26,769

,197

26,4Z7



4. 9%

Bravo Cluster fI00%oJ

lO,847

11,019

13,870

14,81d

15,839



Peregrino Piela (a0°/oJ

38,Z46

39,215

14,637

56,358

80,343

TOP I PRIO

1O9,Z92

1OO,O9S

88,168

127,944

1SS,3SS

Lifting Cost ‹us5/bai›

PRIO

lñ8

13.8

17.4



9.4



-Z4.B%







u

U o

1@26





Wahoo's first oil on March 18 through the first producing well. The second and third wells were connected throughout March and April, with the fourth well expected in the coming days.



Average production of 3Z.7 kbpd in 1QZ6, a 4% increase compared to 4QZ5, reflecting the start-up of Wahoo production. Compared to 1QZ5, production decreased bg 14%, due to decline at Frade.

Average Daily Production and Operation al Efficiency

Valel teClustecllOO /o)



1QZ3 ZQZ3 3QZ3 4QZ3 1QZ4 ZQZ4 3QZ4 4QZ4 1QZ5 ZQZ5 3QZ5 4QZ5 lQZ6

Average D ails Productio n fDoe/dJ -Operational Efficiency









a •0.

)

1@26







Average production of 15.8 kbpd in 1pZ6, a 46% increase compared to 1pZ5, reflecting the resumption of the TBMT-10H and TBMT-4H wells following vvorKovers completed in June Z0Z5.

Compared to 4QZ5, production increased bg 7%, driven bg the start-up of POL-GY and Well-B wells in December and February, respectively. The OCX-44HP well, in Tubarao Martelo, is temporarily shut in due to a BC5 failure, with restart expected in May.

Average Daily Production and Operational Efficiency

Bravo Cluster(1OOO/)

9B.BD0 9B.3Wo

7Z 69a

77

6T

677Wo



1QZ3 ZQZ3 3QZ3 4QZ3 1QZ4 ZQZ4 3QZ4 4QZ4 1QZ5 ZQZ5 3QZ5 4QZ5 1QZ6

Cluster Production (DDI/dl Cluster Efficiency





cesve rzeuo

1g26





Average production of Z6.4 kbpd (net PRIO) in 1QZ6, up 5% and Z1% compared to 4QZ5 and 1QZ5, respectively, driven bg improved operatonal stabiJt

Record operational efficiency of 95.4% in the quarter, the highest level ever recorded for the asset.

Avefage Daily PfOdLICtlOf1(CDDO) / ltd Opefational Efficiency

AlbOCOfa Leste Field

B5.79o

BB.7To

95

745Vo

69 69o

60



lQZ4

ZQZ4

3QZ4

4QZ4

1Q 5 ZQZ5 3QZ5

4Q25

1QZ6

Avera ge D aiI y Productio n fDo Add - O peratio nal Efficiency

0Z

U«

u

u«

a

rz•=o )

1g26





Average production of 80.3 kbpd (net PRIO) in 1QZ6, up 110% compared to 1QZ5, driven bg the acquisition of an additional 40% staKe and the assumption of operatorship of the asset in November Z0Z5. Compared to 4QZ5, production increased bg 43%, reflecting production normalization following the FPSO Peregrino's resumption in October and the acquisition closing in November.



Completion of the HAP Project (Flotel) in January and start of production from well C-Z in February.



Operational efficiency of 97.7% in the quarter.



1QZ5

Average Daily Production(800/) Peregrino Field(bbI/d)





ZQ25 3QZ5 4QZ5

97.Two



1QZ6

a Average D ail y Productio n (DDI/dl - 0 perational Efficiency















































Z

0

«

>

Z

1g26



Relative emissions: In 1QZ6, PRIO achieved an average of relative emissions1 of Z4.3 kgCOze/boer, 1ZO/oreduction compared to 1QZ5.

Sustainability: In the quarter, PRIO began supporting the SITAMAR project, an R&D initiative in partnership with Projeto Tamar and APPIX, through ANP, aimed at advancing the world's largest database on sea turtles.

sponsorships: Through the I @ PRIO platform, an upcgcling project of PPE was carried out in partnership with Instituto Donas de Si, in which more than 60 coveralls were transformed into backpacks and school kits delivered to Z25 children with Instituto Vini Jr. The second edition of Impulso I M PRIO was also launched, an acceleration program for social organizations through corporate volunteering.

Health and Well-being: New editions of PRIO Trekking (Cachoeira dos Primatas and Grumari), volleyball training sessions, and the monthly routine of preventive cardiological assessments.

tion for 20Z6 refers to the partial



















15





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