Brava set a new quarterly production record in the 2Q25, reaching an average daily production of 85,900 boe, a 21% increase compared to the previous quarter. This result mainly reflects growth in the offshore segment, with emphasis on Atlanta, which attained its highest quarterly production level since the start of operations in the field, and Papa-Terra, which recorded its best performance since the first quarter of 2021.

Atlanta – Quarterly production record and connection of wells 2H and 3H underway

The 2Q25 marks the highest historical quarterly production level for Atlanta: approximately 36,000 boe/d for 100% of the asset. The month was marked by adjustments and testing of the operational system, as well as preparation of the FPSO Atlanta to receive production from wells 2H and 3H. The connecting of these wells is underway and expected to be completed in the first half of July, when the asset will be producing from six wells.

Manati

Operations were resumed by the operator during May, but have not yet reached maximum production capacity. In June, the operations were halted for six days, due to weather conditions.

Offshore oil sales

In the 2Q25, 3.93 million barrels of oil were sold in the offshore segment: (i) 1.07 million from Papa-Terra; (ii) 2.36 million from Atlanta; and (iii) 492,000 from Parque das Conchas.