SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of the
Securities Exchange Act of 1934
For the month of August, 2019
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 República do Chile, 65
20031-912 - 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 keeps top grade on Governance Indicator
Rio de Janeiro, August 9, 2019 – Petróleo Brasileiro S.A. – Petrobras reports that it has achieved, for the fourth time in a row, top grade in all dimensions in the 4th Cycle of the Governance Indicator Certification (“IG-SEST”), prepared by the Secretariat of Coordination and Governance of State-Owned Enterprises - SEST, of the Ministry of Economy.
The company maintained grade 10.0 in all items of the following dimensions: Management, Control and Audit; Transparency of Information; Councils, Committees and Executive Board, keeping governance Level 1 (excellence level).
Such results demonstrate Petrobras' commitment to the continuous improvement of its governance.
IG-SEST is a continuous monitoring instrument aimed at assessing compliance with the requirements of Law no. 13,303/2016 and guidelines set forth by the Resolutions of the Inter-Ministerial Committee on Corporate Governance and Corporate Equity Management of the Federal Government - CGPAR, which seek to implement best market practices and the highest level of corporate governance excellence at federal state-owned companies. The purpose of SEST is that state-owned companies develop actions beyond those necessary to the basic fulfillment of legal requirements. In this sense, at each cycle, the Secretariat carries out a questionnaire reassessment: items that have been fulfilled are removed or replaced by others of greater complexity and, consequently, require greater efforts of companies in search of the best level.
PETRÓLEO BRASILEIRO S.A. – PETROBRAS | Investor Relations Department I e-mail: firstname.lastname@example.org
Av. República do Chile, 65 – 10th floor, 1002 – B – 20031-912 – Rio de Janeiro, RJ | Phone: 55 (21) 3224-1510 / 3224-9947
This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are subject to risks and uncertainties. The forward-looking statements, which address the Company’s expected business and financial performance, among other matters, contain words such as “believe,” “expect,” “estimate,” “anticipate,” “optimistic,” “intend,” “plan,” “aim,” “will,” “may,” “should,” “could,” “would,” “likely,” and similar expressions. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. There is no assurance that the expected events, trends or results will actually occur. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information or future events or for any other reason.
The Company’s actual results could differ materially from those expressed or forecast in any forward-looking statements as a result of a variety of assumptions and factors. These factors include, but are not limited to, the following: (i) failure to comply with laws or regulations, including fraudulent activity, corruption, and bribery; (ii) the outcome of ongoing corruption investigations and any new facts or information that may arise in relation to the “Lava Jato Operation”; (iii) the effectiveness of the Company’s risk management policies and procedures, including operational risk; and (iv) litigation, such as class actions or proceedings brought by governmental and regulatory agencies. A description of other factors can be found in the Company’s Annual Report on Form 20-F for the year ended December 31, 2018, and the Company’s other filings with the U.S. Securities and Exchange Commission.
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: August 9, 2019.
PETRÓLEO BRASILEIRO S.A—PETROBRAS
By: /s/ Andrea Marques de Almeida
Andrea Marques de Almeida
Chief Financial Officer and Investor Relations Officer