Brazil's Petrobras approves to terminate director Tolmasquim's term on May 27

Petroleo Brasileiro SA Petrobras PETR3:

• SAYS BOARD APPROVED TO TERMINATE DIRECTOR TOLMASQUIM'S TERM ON MAY 27 - FILING

• SAYS BOARD APPOINTED DIRECTOR FRANCA FOR THE ROLE UNTIL THE NEXT SUSTAINABILITY DIRECTOR IS TAPPED