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PETROLEO BRASILEIRO SA 2023-2024 Proxy Voting Records

Compiled from SEC Form N-PX filings. Page generated October 18, 2026.

  • 148Reported items
  • 138Asset managers
  • 10,252Fund votes
  • April 25, 2024Main meeting date

Results at a glance

No official results are on file for this meeting: no Form 8-K tally (Item 5.07) from PETROLEO BRASILEIRO SA has been matched to it. The figures below are the funds’ own votes from Form N-PX. They are not the meeting result, so they are not used to judge dissent.

Material dissent: a director nominee under 80% of the votes cast, say-on-pay under 70%, any other item the board put forward under 80%, or a shareholder proposal with more than 50%, on the company’s own Form 8-K tally. How this is decided

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 138 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

Meeting held April 25, 2024; no official results are on file for this meeting.

Combines 3 wordings of this item as funds reported it.

0.8% Fund and manager reports combined; may count the same shares twice · no official result

AGAINST
Details: votes by 76 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 73 asset managers voting on “Elect Pietro Adamo Sampaio Mendes as Board Chairman” at PETROLEO BRASILEIRO SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard0117,078,347 00Against
BlackRock0116,938,034 00Against
Goldman Sachs053,786,378 00Against
Fidelity037,142,629 00Against
Dimensional035,020,144 00Against
WisdomTree020,625,581 00Against
Charles Schwab017,459,029 00Against
Thornburg07,612,740 00Against
TIAA07,605,673 00Against
MFS06,817,546 00Against
State Street04,777,924 00Against
Hartford04,743,615 00Against
Lazard03,888,585 00Against
Invesco2,879,57853,486 00For
FRANKLIN FUND ALLOCATOR SERIES02,650,100 00Against
Franklin Templeton01,783,900 00Against
GMO01,623,863 00Against
Advisors' Inner Circle Fund III01,428,716 00Against
Columbia Threadneedle01,412,839 00Against
Perpetual Americas Funds Trust01,348,935 00Against
First Trust01,311,727 00Against
Mercer Funds01,219,100 00Against
Delaware/Macquarie01,087,224 00Against
Equitable01,048,235 00Against
Russell Investments01,030,187 00Against

Fund voting reports, all 73 managers: 3,219,597 for, 461,204,573 against. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 3 asset managers voting on “Elect Pietro Adamo Sampaio Mendes as Board Chairman” at PETROLEO BRASILEIRO SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
RWC ASSET ADVISORS (US) LLC06,676,490 00Against
RWC Asset Management LLP314,3980 00For
Warren Street Wealth Advisors, LLC1,3790 00For

Institutional-manager reports, all 3 managers: 315,777 for, 6,676,490 against.

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

No official resultsFund totals may overlapDIRECTOR ELECTIONSCORPORATE GOVERNANCE

Meeting held April 25, 2024; no official results are on file for this meeting.

99.8% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 66 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 63 asset managers voting on “Approve Classification of Ivanyra Maura de Medeiros Correia as Independent Director” at PETROLEO BRASILEIRO SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
BlackRock116,938,0340 00For
Vanguard106,607,0330 00For
Goldman Sachs53,786,3780 00For
Fidelity36,403,1390 00For
Dimensional35,020,1440 00For
WisdomTree20,625,5810 00For
Thornburg7,612,7400 00For
TIAA7,605,6730 00For
MFS6,817,5460 00For
State Street4,777,9240 00For
Lazard3,888,5850 00For
Invesco2,933,0640 00For
FRANKLIN FUND ALLOCATOR SERIES2,650,1000 00For
Franklin Templeton1,783,9000 00For
GMO1,623,8630 00For
Columbia Threadneedle1,412,8390 00For
Perpetual Americas Funds Trust1,348,9350 00For
First Trust1,311,7270 00For
Delaware/Macquarie1,087,2240 00For
DRIEHAUS MUTUAL FUNDS961,3170 00For
Northern Trust857,5560 00For
T. Rowe Price842,5950 00For
DWS748,3800 00For
Equitable655,1550 00For
Victory Capital634,5290 00For

Fund voting reports, all 63 managers: 425,251,984 for, 584,220 against. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 3 asset managers voting on “Approve Classification of Ivanyra Maura de Medeiros Correia as Independent Director” at PETROLEO BRASILEIRO SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
RWC ASSET ADVISORS (US) LLC6,676,4900 00For
RWC Asset Management LLP314,3980 00For
Warren Street Wealth Advisors, LLC1,3790 00For

Institutional-manager reports, all 3 managers: 6,992,267 for.

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

No official resultsFund totals may overlapDIRECTOR ELECTIONSCORPORATE GOVERNANCE

Meeting held April 25, 2024; no official results are on file for this meeting.

100% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 66 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 63 asset managers voting on “Approve Classification of Jose Joao Abdalla Filho as Independent Director” at PETROLEO BRASILEIRO SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
BlackRock116,938,0340 00For
Vanguard106,607,0330 00For
Goldman Sachs53,786,3780 00For
Fidelity36,403,1390 00For
Dimensional35,020,1440 00For
WisdomTree20,625,5810 00For
Thornburg7,612,7400 00For
TIAA7,605,6730 00For
MFS6,817,5460 00For
State Street4,777,9240 00For
Lazard3,888,5850 00For
Invesco2,933,0640 00For
FRANKLIN FUND ALLOCATOR SERIES2,650,1000 00For
Franklin Templeton1,783,9000 00For
GMO1,623,8630 00For
Columbia Threadneedle1,412,8390 00For
Perpetual Americas Funds Trust1,348,9350 00For
First Trust1,311,7270 00For
Delaware/Macquarie1,087,2240 00For
DRIEHAUS MUTUAL FUNDS961,3170 00For
Northern Trust857,5560 00For
T. Rowe Price842,5950 00For
DWS748,3800 00For
Equitable655,1550 00For
Victory Capital634,5290 00For

Fund voting reports, all 63 managers: 425,836,204 for. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 3 asset managers voting on “Approve Classification of Jose Joao Abdalla Filho as Independent Director” at PETROLEO BRASILEIRO SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
RWC ASSET ADVISORS (US) LLC6,676,4900 00For
RWC Asset Management LLP314,3980 00For
Warren Street Wealth Advisors, LLC1,3790 00For

Institutional-manager reports, all 3 managers: 6,992,267 for.

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

No official resultsFund totals may overlapDIRECTOR ELECTIONSCORPORATE GOVERNANCE

Meeting held April 25, 2024; no official results are on file for this meeting.

100% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 66 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 63 asset managers voting on “Approve Classification of Marcelo Gasparino da Silva as Independent Director” at PETROLEO BRASILEIRO SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
BlackRock116,938,0340 00For
Vanguard106,607,0330 00For
Goldman Sachs53,786,3780 00For
Fidelity36,403,1390 00For
Dimensional35,020,1440 00For
WisdomTree20,625,5810 00For
Thornburg7,612,7400 00For
TIAA7,605,6730 00For
MFS6,817,5460 00For
State Street4,777,9240 00For
Lazard3,888,5850 00For
Invesco2,933,0640 00For
FRANKLIN FUND ALLOCATOR SERIES2,650,1000 00For
Franklin Templeton1,783,9000 00For
GMO1,623,8630 00For
Columbia Threadneedle1,412,8390 00For
Perpetual Americas Funds Trust1,348,9350 00For
First Trust1,311,7270 00For
Delaware/Macquarie1,087,2240 00For
DRIEHAUS MUTUAL FUNDS961,3170 00For
Northern Trust857,5560 00For
T. Rowe Price842,5950 00For
DWS748,3800 00For
Equitable655,1550 00For
Victory Capital634,5290 00For

Fund voting reports, all 63 managers: 425,836,204 for. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 3 asset managers voting on “Approve Classification of Marcelo Gasparino da Silva as Independent Director” at PETROLEO BRASILEIRO SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
RWC ASSET ADVISORS (US) LLC6,676,4900 00For
RWC Asset Management LLP314,3980 00For
Warren Street Wealth Advisors, LLC1,3790 00For

Institutional-manager reports, all 3 managers: 6,992,267 for.

5. Approve Classification of Rafael Ramalho Dubeux as Independent Director

No official resultsFund totals may overlapDIRECTOR ELECTIONSCORPORATE GOVERNANCE

Meeting held April 25, 2024; no official results are on file for this meeting.

7% Fund and manager reports combined; may count the same shares twice · no official result

AGAINST
Details: votes by 66 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 63 asset managers voting on “Approve Classification of Rafael Ramalho Dubeux as Independent Director” at PETROLEO BRASILEIRO SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
BlackRock0116,938,034 00Against
Vanguard0106,607,033 00Against
Goldman Sachs053,786,378 00Against
Fidelity19,772,16516,630,974 00Mixed
Dimensional035,020,144 00Against
WisdomTree020,625,581 00Against
Thornburg07,612,740 00Against
TIAA7,605,6730 00For
MFS06,817,546 00Against
State Street04,777,924 00Against
Lazard03,888,585 00Against
Invesco02,933,064 00Against
FRANKLIN FUND ALLOCATOR SERIES02,650,100 00Against
Franklin Templeton01,783,900 00Against
GMO01,623,863 00Against
Columbia Threadneedle01,412,839 00Against
Perpetual Americas Funds Trust01,348,935 00Against
First Trust01,311,727 00Against
Delaware/Macquarie01,087,224 00Against
DRIEHAUS MUTUAL FUNDS0961,317 00Against
Northern Trust0857,556 00Against
T. Rowe Price0842,595 00Against
DWS0748,380 00Against
Equitable0655,155 00Against
Victory Capital0634,529 00Against

Fund voting reports, all 63 managers: 28,067,479 for, 397,768,725 against. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 3 asset managers voting on “Approve Classification of Rafael Ramalho Dubeux as Independent Director” at PETROLEO BRASILEIRO SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
RWC ASSET ADVISORS (US) LLC06,676,490 00Against
RWC Asset Management LLP314,3980 00For
Warren Street Wealth Advisors, LLC1,3790 00For

Institutional-manager reports, all 3 managers: 315,777 for, 6,676,490 against.

6. Approve Classification of Renato Campos Galuppo as Independent Director

No official resultsFund totals may overlapDIRECTOR ELECTIONSCORPORATE GOVERNANCE

Meeting held April 25, 2024; no official results are on file for this meeting.

88% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 66 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 63 asset managers voting on “Approve Classification of Renato Campos Galuppo as Independent Director” at PETROLEO BRASILEIRO SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
BlackRock116,938,0340 00For
Vanguard106,607,0330 00For
Goldman Sachs348,15053,438,228 00Against
Fidelity36,403,1390 00For
Dimensional35,020,1440 00For
WisdomTree20,625,5810 00For
Thornburg7,612,7400 00For
TIAA7,605,6730 00For
MFS6,817,5460 00For
State Street4,777,9240 00For
Lazard3,888,5850 00For
Invesco2,933,0640 00For
FRANKLIN FUND ALLOCATOR SERIES2,650,1000 00For
Franklin Templeton1,783,9000 00For
GMO1,623,8630 00For
Columbia Threadneedle1,412,8390 00For
Perpetual Americas Funds Trust1,348,9350 00For
First Trust1,311,7270 00For
Delaware/Macquarie1,087,2240 00For
DRIEHAUS MUTUAL FUNDS961,3170 00For
Northern Trust857,5560 00For
T. Rowe Price842,5950 00For
DWS748,3800 00For
Equitable655,1550 00For
Victory Capital634,5290 00For

Fund voting reports, all 63 managers: 371,813,756 for, 54,022,448 against. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 3 asset managers voting on “Approve Classification of Renato Campos Galuppo as Independent Director” at PETROLEO BRASILEIRO SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
RWC ASSET ADVISORS (US) LLC6,676,4900 00For
RWC Asset Management LLP314,3980 00For
Warren Street Wealth Advisors, LLC1,3790 00For

Institutional-manager reports, all 3 managers: 6,992,267 for.

7. Do You Wish to Adopt Cumulative Voting for the Election of the Members of the Board of Directors, Under the Terms of…

No official resultsFund totals may overlapSHAREHOLDER RIGHTS AND DEFENSES

Meeting held April 25, 2024; no official results are on file for this meeting.

94% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: description as filed, votes by 66 asset managers

Description as filed by funds: 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?

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 63 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 managerForAgainst AbstainWithheldVote
BlackRock116,938,0340 00For
Vanguard106,607,0330 00For
Goldman Sachs53,786,3780 00For
Fidelity16,630,97419,772,165 00Mixed
Dimensional35,020,1440 00For
WisdomTree20,625,5810 00For
Thornburg7,612,7400 00For
TIAA7,605,6730 00For
MFS6,817,5460 00For
State Street04,777,924 00Against
Lazard3,888,5850 00For
Invesco2,933,0640 00For
FRANKLIN FUND ALLOCATOR SERIES2,650,1000 00For
Franklin Templeton1,783,9000 00For
GMO1,623,8630 00For
Columbia Threadneedle1,412,8390 00For
Perpetual Americas Funds Trust1,348,9350 00For
First Trust1,311,7270 00For
Delaware/Macquarie1,087,2240 00For
DRIEHAUS MUTUAL FUNDS961,3170 00For
Northern Trust857,5560 00For
T. Rowe Price842,5950 00For
DWS748,3800 00For
Equitable655,1550 00For
Victory Capital634,5290 00For

Fund voting reports, all 63 managers: 399,920,290 for, 25,226,273 against, 689,641 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 3 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 managerForAgainst AbstainWithheldVote
RWC ASSET ADVISORS (US) LLC6,676,4900 00For
Warren Street Wealth Advisors, LLC1,3790 00For
RWC Asset Management LLP7200 00For

Institutional-manager reports, all 3 managers: 6,678,589 for.

8. Elect Directors

Meeting held April 25, 2024; 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 and manager reports combined; may count the same shares twice · no official result

AGAINST
Details: votes by 66 asset managers

The 66 asset managers below reported this as one line covering every nominee; it is not attributed to any one director, and no share total is shown for it.

Fund voting reports: 63 asset managers voting on “Elect Directors” at PETROLEO BRASILEIRO SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
BlackRock0116,938,034 00Against
Vanguard0106,607,033 00Against
Goldman Sachs053,786,378 00Against
Fidelity036,403,139 00Against
Dimensional035,020,144 00Against
WisdomTree020,625,581 00Against
Thornburg07,612,740 00Against
TIAA07,605,673 00Against
MFS06,817,546 00Against
State Street04,777,924 00Against
Lazard03,888,585 00Against
Invesco2,879,57853,486 00For
FRANKLIN FUND ALLOCATOR SERIES02,650,100 00Against
Franklin Templeton01,783,900 00Against
GMO01,623,863 00Against
Columbia Threadneedle01,412,839 00Against
Perpetual Americas Funds Trust01,348,935 00Against
First Trust01,311,727 00Against
Delaware/Macquarie01,087,224 00Against
DRIEHAUS MUTUAL FUNDS0961,317 00Against
Northern Trust0857,556 00Against
T. Rowe Price0842,595 00Against
DWS0748,380 00Against
Equitable0655,155 00Against
Victory Capital0634,529 00Against

Fund voting reports, all 63 managers: 3,200,878 for, 422,635,326 against. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 3 asset managers voting on “Elect Directors” at PETROLEO BRASILEIRO SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
RWC ASSET ADVISORS (US) LLC06,676,490 00Against
RWC Asset Management LLP2,399,5540 00For
Warren Street Wealth Advisors, LLC1,3790 00For

Institutional-manager reports, all 3 managers: 2,400,933 for, 6,676,490 against.

9. Elect Fiscal Council Members

No official resultsFund totals may overlapCOMPENSATIONCORPORATE GOVERNANCE

Meeting held April 25, 2024; no official results are on file for this meeting.

97% Fund and manager reports combined; may count the same shares twice · no official result

ABSTAIN
Details: votes by 66 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 63 asset managers voting on “Elect Fiscal Council Members” at PETROLEO BRASILEIRO SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
BlackRock00 116,938,0340Abstain
Vanguard00 106,607,0330Abstain
Goldman Sachs00 53,786,3780Abstain
Fidelity19,772,1650 16,630,9740Mixed
Dimensional00 35,020,1440Abstain
WisdomTree00 20,625,5810Abstain
Thornburg00 7,612,7400Abstain
TIAA00 7,605,6730Abstain
MFS00 6,817,5460Abstain
State Street00 4,777,9240Abstain
Lazard00 3,888,5850Abstain
Invesco00 2,933,0640Abstain
FRANKLIN FUND ALLOCATOR SERIES00 2,650,1000Abstain
Franklin Templeton00 1,783,9000Abstain
GMO00 1,623,8630Abstain
Columbia Threadneedle00 1,412,8390Abstain
Perpetual Americas Funds Trust00 1,348,9350Abstain
First Trust00 1,311,7270Abstain
Delaware/Macquarie00 1,087,2240Abstain
DRIEHAUS MUTUAL FUNDS00 961,3170Abstain
Northern Trust00 857,5560Abstain
T. Rowe Price00 842,5950Abstain
DWS00 748,3800Abstain
Equitable00 655,1550Abstain
Victory Capital00 634,5290Abstain

Fund voting reports, all 63 managers: 20,461,806 for, 584,220 against, 404,790,178 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 3 asset managers voting on “Elect Fiscal Council Members” at PETROLEO BRASILEIRO SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
RWC ASSET ADVISORS (US) LLC00 6,676,4900Abstain
Warren Street Wealth Advisors, LLC1,3790 00For
RWC Asset Management LLP6000 00For

Institutional-manager reports, all 3 managers: 1,979 for, 6,676,490 abstained.

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

No official resultsFund totals may overlapAUDIT-RELATEDCORPORATE GOVERNANCE

Meeting held April 25, 2024; no official results are on file for this meeting.

100% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: description as filed, votes by 66 asset managers

Description as filed by funds: Elect Ronaldo Dias as Fiscal Council Member and Ricardo Jose Martins Gimenez as Alternate Appointed by Minority Shareholder

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 63 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 managerForAgainst AbstainWithheldVote
BlackRock116,938,0340 00For
Vanguard106,607,0330 00For
Goldman Sachs53,786,3780 00For
Fidelity16,630,9740 19,772,1650Mixed
Dimensional35,020,1440 00For
WisdomTree20,625,5810 00For
Thornburg7,612,7400 00For
TIAA7,605,6730 00For
MFS6,817,5460 00For
State Street4,777,9240 00For
Lazard3,888,5850 00For
Invesco2,933,0640 00For
FRANKLIN FUND ALLOCATOR SERIES2,650,1000 00For
Franklin Templeton1,783,9000 00For
GMO1,623,8630 00For
Columbia Threadneedle1,412,8390 00For
Perpetual Americas Funds Trust1,348,9350 00For
First Trust1,311,7270 00For
Delaware/Macquarie1,087,2240 00For
DRIEHAUS MUTUAL FUNDS961,3170 00For
Northern Trust857,5560 00For
T. Rowe Price842,5950 00For
DWS748,3800 00For
Equitable655,1550 00For
Victory Capital634,5290 00For

Fund voting reports, all 63 managers: 405,374,398 for, 20,461,806 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 3 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 managerForAgainst AbstainWithheldVote
RWC Asset Management LLP6,737,7000 00For
RWC ASSET ADVISORS (US) LLC6,676,4900 00For
Warren Street Wealth Advisors, LLC1,3790 00For

Institutional-manager reports, all 3 managers: 13,415,569 for.

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

Meeting held April 25, 2024; no official results are on file for this meeting.

99.9% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 66 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 63 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 managerForAgainst AbstainWithheldVote
BlackRock108,182,1410 8,755,8930Mixed
Vanguard106,607,0330 00For
Goldman Sachs53,786,3780 00For
Fidelity36,403,1390 00For
Dimensional35,020,1440 00For
WisdomTree20,625,5810 00For
Thornburg7,612,7400 00For
TIAA7,605,6730 00For
MFS6,817,5460 00For
State Street4,777,9240 00For
Lazard3,888,5850 00For
Invesco2,933,0640 00For
FRANKLIN FUND ALLOCATOR SERIES2,650,1000 00For
Franklin Templeton1,783,9000 00For
GMO1,623,8630 00For
Columbia Threadneedle1,412,8390 00For
Perpetual Americas Funds Trust1,348,9350 00For
First Trust1,311,7270 00For
Delaware/Macquarie1,087,2240 00For
DRIEHAUS MUTUAL FUNDS961,3170 00For
Northern Trust857,5560 00For
T. Rowe Price842,5950 00For
DWS748,3800 00For
Equitable655,1550 00For
Victory Capital634,5290 00For

Fund voting reports, all 63 managers: 416,390,670 for, 368,341 against, 9,077,193 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 3 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 managerForAgainst AbstainWithheldVote
RWC ASSET ADVISORS (US) LLC6,676,4900 00For
Warren Street Wealth Advisors, LLC1,3790 00For
RWC Asset Management LLP7200 00For

Institutional-manager reports, all 3 managers: 6,678,589 for.

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

Meeting held April 25, 2024; no official results are on file for this meeting.

90% Fund and manager reports combined; may count the same shares twice · no official result

ABSTAIN
Details: votes by 66 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 63 asset managers voting on “Percentage of Votes to Be Assigned - Elect Benjamin Alves Rabello Filho as Director” at PETROLEO BRASILEIRO SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
BlackRock00 116,938,0340Abstain
Vanguard00 106,607,0330Abstain
Goldman Sachs00 53,786,3780Abstain
Fidelity17,928,5151,843,650 16,630,9740Mixed
Dimensional00 35,020,1440Abstain
WisdomTree00 20,625,5810Abstain
Thornburg00 7,612,7400Abstain
TIAA00 7,605,6730Abstain
MFS00 6,817,5460Abstain
State Street00 4,777,9240Abstain
Lazard00 3,888,5850Abstain
Invesco2,879,57853,486 00For
FRANKLIN FUND ALLOCATOR SERIES00 2,650,1000Abstain
Franklin Templeton00 1,783,9000Abstain
GMO00 1,623,8630Abstain
Columbia Threadneedle00 1,412,8390Abstain
Perpetual Americas Funds Trust00 1,348,9350Abstain
First Trust00 1,311,7270Abstain
Delaware/Macquarie00 1,087,2240Abstain
DRIEHAUS MUTUAL FUNDS00 961,3170Abstain
Northern Trust00 857,5560Abstain
T. Rowe Price842,5950 00For
DWS00 748,3800Abstain
Equitable00 655,1550Abstain
Victory Capital00 634,5290Abstain

Fund voting reports, all 63 managers: 21,650,688 for, 2,481,356 against, 401,704,160 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 3 asset managers voting on “Percentage of Votes to Be Assigned - Elect Benjamin Alves Rabello Filho as Director” at PETROLEO BRASILEIRO SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
RWC ASSET ADVISORS (US) LLC00 6,676,4900Abstain
RWC Asset Management LLP1,327,4760 00For
Warren Street Wealth Advisors, LLC1,3790 00For

Institutional-manager reports, all 3 managers: 1,328,855 for, 6,676,490 abstained.

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

Meeting held April 25, 2024; no official results are on file for this meeting.

90% Fund and manager reports combined; may count the same shares twice · no official result

ABSTAIN
Details: votes by 66 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 63 asset managers voting on “Percentage of Votes to Be Assigned - Elect Bruno Moretti as Director” at PETROLEO BRASILEIRO SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
BlackRock00 116,938,0340Abstain
Vanguard00 106,607,0330Abstain
Goldman Sachs00 53,786,3780Abstain
Fidelity17,928,5151,843,650 16,630,9740Mixed
Dimensional00 35,020,1440Abstain
WisdomTree00 20,625,5810Abstain
Thornburg00 7,612,7400Abstain
TIAA00 7,605,6730Abstain
MFS00 6,817,5460Abstain
State Street00 4,777,9240Abstain
Lazard00 3,888,5850Abstain
Invesco2,879,57853,486 00For
FRANKLIN FUND ALLOCATOR SERIES00 2,650,1000Abstain
Franklin Templeton00 1,783,9000Abstain
GMO00 1,623,8630Abstain
Columbia Threadneedle00 1,412,8390Abstain
Perpetual Americas Funds Trust00 1,348,9350Abstain
First Trust00 1,311,7270Abstain
Delaware/Macquarie00 1,087,2240Abstain
DRIEHAUS MUTUAL FUNDS00 961,3170Abstain
Northern Trust00 857,5560Abstain
T. Rowe Price842,5950 00For
DWS00 748,3800Abstain
Equitable00 655,1550Abstain
Victory Capital00 634,5290Abstain

Fund voting reports, all 63 managers: 21,650,688 for, 2,481,356 against, 401,704,160 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 3 asset managers voting on “Percentage of Votes to Be Assigned - Elect Bruno Moretti as Director” at PETROLEO BRASILEIRO SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
RWC ASSET ADVISORS (US) LLC00 6,676,4900Abstain
RWC Asset Management LLP1,327,4760 00For
Warren Street Wealth Advisors, LLC1,3790 00For

Institutional-manager reports, all 3 managers: 1,328,855 for, 6,676,490 abstained.

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

Meeting held April 25, 2024; no official results are on file for this meeting.

98% Fund and manager reports combined; may count the same shares twice · no official result

ABSTAIN
Details: votes by 66 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 63 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 managerForAgainst AbstainWithheldVote
BlackRock00 116,938,0340Abstain
Vanguard00 106,607,0330Abstain
Goldman Sachs00 53,786,3780Abstain
Fidelity19,772,1650 16,630,9740Mixed
Dimensional00 35,020,1440Abstain
WisdomTree00 20,625,5810Abstain
Thornburg00 7,612,7400Abstain
TIAA00 7,605,6730Abstain
MFS00 6,817,5460Abstain
State Street00 4,777,9240Abstain
Lazard00 3,888,5850Abstain
Invesco2,933,0640 00For
FRANKLIN FUND ALLOCATOR SERIES00 2,650,1000Abstain
Franklin Templeton00 1,783,9000Abstain
GMO00 1,623,8630Abstain
Columbia Threadneedle00 1,412,8390Abstain
Perpetual Americas Funds Trust00 1,348,9350Abstain
First Trust00 1,311,7270Abstain
Delaware/Macquarie00 1,087,2240Abstain
DRIEHAUS MUTUAL FUNDS00 961,3170Abstain
Northern Trust00 857,5560Abstain
T. Rowe Price842,5950 00For
DWS00 748,3800Abstain
Equitable00 655,1550Abstain
Victory Capital00 634,5290Abstain

Fund voting reports, all 63 managers: 23,547,824 for, 584,220 against, 401,704,160 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 3 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 managerForAgainst AbstainWithheldVote
RWC ASSET ADVISORS (US) LLC00 6,676,4900Abstain
RWC Asset Management LLP1,327,4760 00For
Warren Street Wealth Advisors, LLC1,3790 00For

Institutional-manager reports, all 3 managers: 1,328,855 for, 6,676,490 abstained.

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

Meeting held April 25, 2024; no official results are on file for this meeting.

91% Fund and manager reports combined; may count the same shares twice · no official result

ABSTAIN
Details: votes by 66 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 63 asset managers voting on “Percentage of Votes to Be Assigned - Elect Jean Paul Terra Prates as Director” at PETROLEO BRASILEIRO SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
BlackRock00 116,938,0340Abstain
Vanguard00 106,607,0330Abstain
Goldman Sachs00 53,786,3780Abstain
Fidelity17,928,5151,843,650 16,630,9740Mixed
Dimensional00 35,020,1440Abstain
WisdomTree00 20,625,5810Abstain
Thornburg00 7,612,7400Abstain
TIAA00 7,605,6730Abstain
MFS00 6,817,5460Abstain
State Street00 4,777,9240Abstain
Lazard00 3,888,5850Abstain
Invesco2,879,57853,486 00For
FRANKLIN FUND ALLOCATOR SERIES00 2,650,1000Abstain
Franklin Templeton00 1,783,9000Abstain
GMO00 1,623,8630Abstain
Columbia Threadneedle00 1,412,8390Abstain
Perpetual Americas Funds Trust00 1,348,9350Abstain
First Trust00 1,311,7270Abstain
Delaware/Macquarie00 1,087,2240Abstain
DRIEHAUS MUTUAL FUNDS00 961,3170Abstain
Northern Trust00 857,5560Abstain
T. Rowe Price842,5950 00For
DWS00 748,3800Abstain
Equitable00 655,1550Abstain
Victory Capital00 634,5290Abstain

Fund voting reports, all 63 managers: 21,650,688 for, 2,481,356 against, 401,704,160 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 3 asset managers voting on “Percentage of Votes to Be Assigned - Elect Jean Paul Terra Prates as Director” at PETROLEO BRASILEIRO SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
RWC ASSET ADVISORS (US) LLC00 6,676,4900Abstain
RWC Asset Management LLP2,399,5540 00For
Warren Street Wealth Advisors, LLC1,3790 00For

Institutional-manager reports, all 3 managers: 2,400,933 for, 6,676,490 abstained.

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

Meeting held April 25, 2024; no official results are on file for this meeting.

100% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 66 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 63 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 managerForAgainst AbstainWithheldVote
BlackRock116,938,0340 00For
Vanguard106,607,0330 00For
Goldman Sachs53,786,3780 00For
Fidelity36,403,1390 00For
Dimensional35,020,1440 00For
WisdomTree20,625,5810 00For
Thornburg7,612,7400 00For
TIAA7,605,6730 00For
MFS6,817,5460 00For
State Street4,777,9240 00For
Lazard3,888,5850 00For
Invesco2,933,0640 00For
FRANKLIN FUND ALLOCATOR SERIES2,650,1000 00For
Franklin Templeton1,783,9000 00For
GMO1,623,8630 00For
Columbia Threadneedle1,412,8390 00For
Perpetual Americas Funds Trust1,348,9350 00For
First Trust1,311,7270 00For
Delaware/Macquarie1,087,2240 00For
DRIEHAUS MUTUAL FUNDS961,3170 00For
Northern Trust857,5560 00For
T. Rowe Price842,5950 00For
DWS748,3800 00For
Equitable655,1550 00For
Victory Capital634,5290 00For

Fund voting reports, all 63 managers: 425,001,740 for, 834,464 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 3 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 managerForAgainst AbstainWithheldVote
RWC ASSET ADVISORS (US) LLC00 6,676,4900Abstain
RWC Asset Management LLP1,327,4760 00For
Warren Street Wealth Advisors, LLC1,3790 00For

Institutional-manager reports, all 3 managers: 1,328,855 for, 6,676,490 abstained.

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

Meeting held April 25, 2024; no official results are on file for this meeting.

100% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 66 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 63 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 managerForAgainst AbstainWithheldVote
BlackRock116,938,0340 00For
Vanguard106,607,0330 00For
Goldman Sachs53,786,3780 00For
Fidelity36,403,1390 00For
Dimensional35,020,1440 00For
WisdomTree20,625,5810 00For
Thornburg7,612,7400 00For
TIAA7,605,6730 00For
MFS6,817,5460 00For
State Street4,777,9240 00For
Lazard3,888,5850 00For
Invesco2,933,0640 00For
FRANKLIN FUND ALLOCATOR SERIES2,650,1000 00For
Franklin Templeton1,783,9000 00For
GMO1,623,8630 00For
Columbia Threadneedle1,412,8390 00For
Perpetual Americas Funds Trust1,348,9350 00For
First Trust1,311,7270 00For
Delaware/Macquarie1,087,2240 00For
DRIEHAUS MUTUAL FUNDS961,3170 00For
Northern Trust857,5560 00For
T. Rowe Price842,5950 00For
DWS748,3800 00For
Equitable655,1550 00For
Victory Capital634,5290 00For

Fund voting reports, all 63 managers: 425,001,740 for, 834,464 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 3 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 managerForAgainst AbstainWithheldVote
RWC ASSET ADVISORS (US) LLC00 6,676,4900Abstain
RWC Asset Management LLP2,399,5540 00For
Warren Street Wealth Advisors, LLC1,3790 00For

Institutional-manager reports, all 3 managers: 2,400,933 for, 6,676,490 abstained.

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

Meeting held April 25, 2024; no official results are on file for this meeting.

23% Fund and manager reports combined; may count the same shares twice · no official result

ABSTAIN
Details: votes by 66 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 63 asset managers voting on “Percentage of Votes to Be Assigned - Elect Pietro Adamo Sampaio Mendes as Director” at PETROLEO BRASILEIRO SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
BlackRock00 116,938,0340Abstain
Vanguard00 106,607,0330Abstain
Goldman Sachs00 53,786,3780Abstain
Fidelity019,772,165 16,630,9740Mixed
Dimensional00 35,020,1440Abstain
WisdomTree00 20,625,5810Abstain
Thornburg00 7,612,7400Abstain
TIAA00 7,605,6730Abstain
MFS00 6,817,5460Abstain
State Street00 4,777,9240Abstain
Lazard00 3,888,5850Abstain
Invesco2,879,57853,486 00For
FRANKLIN FUND ALLOCATOR SERIES00 2,650,1000Abstain
Franklin Templeton00 1,783,9000Abstain
GMO00 1,623,8630Abstain
Columbia Threadneedle00 1,412,8390Abstain
Perpetual Americas Funds Trust00 1,348,9350Abstain
First Trust00 1,311,7270Abstain
Delaware/Macquarie00 1,087,2240Abstain
DRIEHAUS MUTUAL FUNDS00 961,3170Abstain
Northern Trust00 857,5560Abstain
T. Rowe Price842,5950 00For
DWS00 748,3800Abstain
Equitable00 655,1550Abstain
Victory Capital00 634,5290Abstain

Fund voting reports, all 63 managers: 3,722,173 for, 20,409,871 against, 401,704,160 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 3 asset managers voting on “Percentage of Votes to Be Assigned - Elect Pietro Adamo Sampaio Mendes as Director” at PETROLEO BRASILEIRO SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
RWC ASSET ADVISORS (US) LLC00 6,676,4900Abstain
RWC Asset Management LLP2,399,5540 00For
Warren Street Wealth Advisors, LLC1,3790 00For

Institutional-manager reports, all 3 managers: 2,400,933 for, 6,676,490 abstained.

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

Meeting held April 25, 2024; no official results are on file for this meeting.

97% Fund and manager reports combined; may count the same shares twice · no official result

ABSTAIN
Details: votes by 66 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 63 asset managers voting on “Percentage of Votes to Be Assigned - Elect Rafael Ramalho Dubeux as Independent Director” at PETROLEO BRASILEIRO SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
BlackRock00 116,938,0340Abstain
Vanguard00 106,607,0330Abstain
Goldman Sachs00 53,786,3780Abstain
Fidelity19,772,1650 16,630,9740Mixed
Dimensional00 35,020,1440Abstain
WisdomTree00 20,625,5810Abstain
Thornburg00 7,612,7400Abstain
TIAA00 7,605,6730Abstain
MFS00 6,817,5460Abstain
State Street00 4,777,9240Abstain
Lazard00 3,888,5850Abstain
Invesco2,879,57853,486 00For
FRANKLIN FUND ALLOCATOR SERIES00 2,650,1000Abstain
Franklin Templeton00 1,783,9000Abstain
GMO00 1,623,8630Abstain
Columbia Threadneedle00 1,412,8390Abstain
Perpetual Americas Funds Trust00 1,348,9350Abstain
First Trust00 1,311,7270Abstain
Delaware/Macquarie00 1,087,2240Abstain
DRIEHAUS MUTUAL FUNDS00 961,3170Abstain
Northern Trust00 857,5560Abstain
T. Rowe Price842,5950 00For
DWS00 748,3800Abstain
Equitable00 655,1550Abstain
Victory Capital00 634,5290Abstain

Fund voting reports, all 63 managers: 23,494,338 for, 637,706 against, 401,704,160 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 3 asset managers voting on “Percentage of Votes to Be Assigned - Elect Rafael Ramalho Dubeux as Independent Director” at PETROLEO BRASILEIRO SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
RWC ASSET ADVISORS (US) LLC00 6,676,4900Abstain
RWC Asset Management LLP1,327,4760 00For
Warren Street Wealth Advisors, LLC1,3790 00For

Institutional-manager reports, all 3 managers: 1,328,855 for, 6,676,490 abstained.

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

Meeting held April 25, 2024; no official results are on file for this meeting.

22% Fund and manager reports combined; may count the same shares twice · no official result

ABSTAIN
Details: votes by 66 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 63 asset managers voting on “Percentage of Votes to Be Assigned - Elect Renato Campos Galuppo as Independent Director” at PETROLEO BRASILEIRO SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
BlackRock00 116,938,0340Abstain
Vanguard00 106,607,0330Abstain
Goldman Sachs00 53,786,3780Abstain
Fidelity1,843,65017,928,515 16,630,9740Mixed
Dimensional00 35,020,1440Abstain
WisdomTree00 20,625,5810Abstain
Thornburg00 7,612,7400Abstain
TIAA00 7,605,6730Abstain
MFS00 6,817,5460Abstain
State Street00 4,777,9240Abstain
Lazard00 3,888,5850Abstain
Invesco2,933,0640 00For
FRANKLIN FUND ALLOCATOR SERIES00 2,650,1000Abstain
Franklin Templeton00 1,783,9000Abstain
GMO00 1,623,8630Abstain
Columbia Threadneedle00 1,412,8390Abstain
Perpetual Americas Funds Trust00 1,348,9350Abstain
First Trust00 1,311,7270Abstain
Delaware/Macquarie00 1,087,2240Abstain
DRIEHAUS MUTUAL FUNDS00 961,3170Abstain
Northern Trust00 857,5560Abstain
T. Rowe Price842,5950 00For
DWS00 748,3800Abstain
Equitable00 655,1550Abstain
Victory Capital00 634,5290Abstain

Fund voting reports, all 63 managers: 5,619,309 for, 18,512,735 against, 401,704,160 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 3 asset managers voting on “Percentage of Votes to Be Assigned - Elect Renato Campos Galuppo as Independent Director” at PETROLEO BRASILEIRO SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
RWC ASSET ADVISORS (US) LLC00 6,676,4900Abstain
RWC Asset Management LLP01,327,476 00Against
Warren Street Wealth Advisors, LLC1,3790 00For

Institutional-manager reports, all 3 managers: 1,379 for, 1,327,476 against, 6,676,490 abstained.

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

Meeting held April 25, 2024; no official results are on file for this meeting.

79% Fund and manager reports combined; may count the same shares twice · no official result

ABSTAIN
Details: votes by 66 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 63 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 managerForAgainst AbstainWithheldVote
BlackRock00 116,938,0340Abstain
Vanguard00 106,607,0330Abstain
Goldman Sachs00 53,786,3780Abstain
Fidelity17,928,5151,843,650 16,630,9740Mixed
Dimensional00 35,020,1440Abstain
WisdomTree00 20,625,5810Abstain
Thornburg00 7,612,7400Abstain
TIAA00 7,605,6730Abstain
MFS00 6,817,5460Abstain
State Street00 4,777,9240Abstain
Lazard00 3,888,5850Abstain
Invesco02,933,064 00Against
FRANKLIN FUND ALLOCATOR SERIES00 2,650,1000Abstain
Franklin Templeton00 1,783,9000Abstain
GMO00 1,623,8630Abstain
Columbia Threadneedle00 1,412,8390Abstain
Perpetual Americas Funds Trust00 1,348,9350Abstain
First Trust00 1,311,7270Abstain
Delaware/Macquarie00 1,087,2240Abstain
DRIEHAUS MUTUAL FUNDS00 961,3170Abstain
Northern Trust00 857,5560Abstain
T. Rowe Price842,5950 00For
DWS00 748,3800Abstain
Equitable00 655,1550Abstain
Victory Capital00 634,5290Abstain

Fund voting reports, all 63 managers: 18,771,110 for, 5,360,934 against, 401,704,160 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 3 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 managerForAgainst AbstainWithheldVote
RWC ASSET ADVISORS (US) LLC00 6,676,4900Abstain
RWC Asset Management LLP1,327,4760 00For
Warren Street Wealth Advisors, LLC1,3790 00For

Institutional-manager reports, all 3 managers: 1,328,855 for, 6,676,490 abstained.

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

No official resultsDIRECTOR ELECTIONS

Meeting held April 25, 2024; no official results are on file for this meeting.

93% of fund votes cast · no official result

FORABSTAIN
Details: votes by 61 asset managers

The 61 asset managers below reported 169,424,692 for, 13,238,665 against, 461,231,662 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 169,424,692AGAINST: 13,238,665ABSTAIN: 461,231,662
Largest asset managers voting on “Elect Aristoteles Nogueira Filho as Director Appointed by Preferred Shareholder” at PETROLEO BRASILEIRO SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard157,078,8630 490,7000For
BlackRock00 156,720,9610Abstain
Goldman Sachs00 126,700,1630Abstain
Fidelity013,238,665 35,912,5420Mixed
Dimensional00 43,583,8250Abstain
AllianceBernstein00 17,480,0000Abstain
GMO12,168,7250 517,0950For
MFS00 11,899,9460Abstain
TIAA00 9,629,3900Abstain
PIMCO00 9,382,2980Abstain
TEMPLETON DEVELOPING MARKETS TRUST00 4,591,9320Abstain
Invesco00 4,479,1740Abstain
State Street00 3,891,2370Abstain
Franklin Templeton00 3,719,9280Abstain
Delaware/Macquarie00 3,585,5090Abstain
CAUSEWAY CAPITAL MANAGEMENT TRUST00 2,284,6200Abstain
DWS00 2,219,5320Abstain
Advisors' Inner Circle Fund II00 2,177,8000Abstain
ADVISORS' INNER CIRCLE FUND00 1,889,0940Abstain
Columbia Threadneedle00 1,861,8060Abstain
AIG/SunAmerica00 1,845,6170Abstain
Allspring00 1,677,9740Abstain
Northern Trust00 1,677,1710Abstain
Victory Capital00 1,383,6000Abstain
First Trust00 995,3340Abstain

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

23. Elect Jeronimo Antunes as Director Appointed by Preferred Shareholder

No official resultsDIRECTOR ELECTIONS

Meeting held April 25, 2024; no official results are on file for this meeting.

97% of fund votes cast · no official result

FORABSTAIN
Details: votes by 61 asset managers

The 61 asset managers below reported 474,470,327 for, 12,168,725 against, 157,255,967 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 474,470,327AGAINST: 12,168,725ABSTAIN: 157,255,967
Largest asset managers voting on “Elect Jeronimo Antunes as Director Appointed by Preferred Shareholder” at PETROLEO BRASILEIRO SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard490,7000 157,078,8630Abstain
BlackRock156,720,9610 00For
Goldman Sachs126,700,1630 00For
Fidelity49,151,2070 00For
Dimensional43,583,8250 00For
AllianceBernstein17,480,0000 00For
GMO517,09512,168,725 00Against
MFS11,899,9460 00For
TIAA9,629,3900 00For
PIMCO9,382,2980 00For
TEMPLETON DEVELOPING MARKETS TRUST4,591,9320 00For
Invesco4,479,1740 00For
State Street3,891,2370 00For
Franklin Templeton3,719,9280 00For
Delaware/Macquarie3,585,5090 00For
CAUSEWAY CAPITAL MANAGEMENT TRUST2,284,6200 00For
DWS2,219,5320 00For
Advisors' Inner Circle Fund II2,177,8000 00For
ADVISORS' INNER CIRCLE FUND1,889,0940 00For
Columbia Threadneedle1,861,8060 00For
AIG/SunAmerica1,845,6170 00For
Allspring1,677,9740 00For
Northern Trust1,677,1710 00For
Victory Capital1,383,6000 00For
First Trust995,3340 00For

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

24. Elect Joao Vicente Silva Machado as Fiscal Council Member and Jandaraci Ferreira de Araujo as Alternate Appointed by…

No official resultsAUDIT-RELATEDCORPORATE GOVERNANCE

Meeting held April 25, 2024; no official results are on file for this meeting.

100% of fund votes cast · no official result

FORABSTAIN
Details: description as filed, votes by 61 asset managers

Description as filed by funds: Elect Joao Vicente Silva Machado as Fiscal Council Member and Jandaraci Ferreira de Araujo as Alternate Appointed by Preferred Shareholder

The 61 asset managers below reported 170,317,528 for, 473,577,491 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 170,317,528ABSTAIN: 473,577,491
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 managerForAgainst AbstainWithheldVote
Vanguard157,078,8630 490,7000For
BlackRock00 156,720,9610Abstain
Goldman Sachs00 126,700,1630Abstain
Fidelity13,238,6650 35,912,5420Mixed
Dimensional00 43,583,8250Abstain
AllianceBernstein00 17,480,0000Abstain
GMO00 12,685,8200Abstain
MFS00 11,899,9460Abstain
TIAA00 9,629,3900Abstain
PIMCO00 9,382,2980Abstain
TEMPLETON DEVELOPING MARKETS TRUST00 4,591,9320Abstain
Invesco00 4,479,1740Abstain
State Street00 3,891,2370Abstain
Franklin Templeton00 3,719,9280Abstain
Delaware/Macquarie00 3,585,5090Abstain
CAUSEWAY CAPITAL MANAGEMENT TRUST00 2,284,6200Abstain
DWS00 2,219,5320Abstain
Advisors' Inner Circle Fund II00 2,177,8000Abstain
ADVISORS' INNER CIRCLE FUND00 1,889,0940Abstain
Columbia Threadneedle00 1,861,8060Abstain
AIG/SunAmerica00 1,845,6170Abstain
Allspring00 1,677,9740Abstain
Northern Trust00 1,677,1710Abstain
Victory Capital00 1,383,6000Abstain
First Trust00 995,3340Abstain

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

25. Elect Paulo Roberto Franceschi as Fiscal Council Member and Vanderlei Dominguez da Rosa as Alternate Appointed by…

No official resultsAUDIT-RELATEDCORPORATE GOVERNANCE

Meeting held April 25, 2024; no official results are on file for this meeting.

97% of fund votes cast · no official result

FORABSTAIN
Details: description as filed, votes by 61 asset managers

Description as filed by funds: Elect Paulo Roberto Franceschi as Fiscal Council Member and Vanderlei Dominguez da Rosa as Alternate Appointed by Preferred Shareholder

The 61 asset managers below reported 473,577,491 for, 13,238,665 against, 157,078,863 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 473,577,491AGAINST: 13,238,665ABSTAIN: 157,078,863
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 managerForAgainst AbstainWithheldVote
Vanguard490,7000 157,078,8630Abstain
BlackRock156,720,9610 00For
Goldman Sachs126,700,1630 00For
Fidelity35,912,54213,238,665 00Mixed
Dimensional43,583,8250 00For
AllianceBernstein17,480,0000 00For
GMO12,685,8200 00For
MFS11,899,9460 00For
TIAA9,629,3900 00For
PIMCO9,382,2980 00For
TEMPLETON DEVELOPING MARKETS TRUST4,591,9320 00For
Invesco4,479,1740 00For
State Street3,891,2370 00For
Franklin Templeton3,719,9280 00For
Delaware/Macquarie3,585,5090 00For
CAUSEWAY CAPITAL MANAGEMENT TRUST2,284,6200 00For
DWS2,219,5320 00For
Advisors' Inner Circle Fund II2,177,8000 00For
ADVISORS' INNER CIRCLE FUND1,889,0940 00For
Columbia Threadneedle1,861,8060 00For
AIG/SunAmerica1,845,6170 00For
Allspring1,677,9740 00For
Northern Trust1,677,1710 00For
Victory Capital1,383,6000 00For
First Trust995,3340 00For

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

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

No official resultsFund totals may overlapDIRECTOR ELECTIONSCOMPENSATION

Meeting held April 25, 2024; no official results are on file for this meeting.

98% Fund and manager reports combined; may count the same shares twice · no official result

FORABSTAIN
Details: votes by 54 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 51 asset managers voting on “Elect Francisco Petros Oliveira Lima Papathanasiadis as Director Appointed by Minority Shareholder” at PETROLEO BRASILEIRO SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Goldman Sachs00 53,786,3780Abstain
Fidelity00 18,601,6320Abstain
BlackRock8,755,8930 00For
Thornburg00 7,612,7400Abstain
MFS6,686,6460 00For
Dimensional00 4,434,9160Abstain
Lazard00 3,888,5850Abstain
State Street00 3,552,2580Abstain
Columbia Threadneedle00 1,412,8390Abstain
Perpetual Americas Funds Trust00 1,348,9350Abstain
First Trust00 1,311,7270Abstain
Vanguard00 1,162,5570Abstain
Delaware/Macquarie00 1,087,2240Abstain
DRIEHAUS MUTUAL FUNDS00 961,3170Abstain
GMO00 925,4420Abstain
T. Rowe Price00 824,3770Abstain
Victory Capital00 634,5290Abstain
DWS00 627,8000Abstain
Equitable00 620,9890Abstain
UBS0584,220 00Against
Allspring00 562,0790Abstain
Nationwide00 425,4090Abstain
Capital Group368,3410 00For
Advisors' Inner Circle Fund III363,9040 00For
HENNESSY FUNDS TRUST00 321,3000Abstain

Fund voting reports, all 51 managers: 16,666,967 for, 584,220 against, 105,631,436 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 3 asset managers voting on “Elect Francisco Petros Oliveira Lima Papathanasiadis as Director Appointed by Minority Shareholder” at PETROLEO BRASILEIRO SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
RWC ASSET ADVISORS (US) LLC6,676,4900 00For
RWC Asset Management LLP2,399,5540 00For
Warren Street Wealth Advisors, LLC1,3790 00For

Institutional-manager reports, all 3 managers: 9,077,423 for.

27. In Case One of the Nominees Leaves the Fiscal Council Slate Due to a Separate Minority Election, as Allowed Under…

Meeting held April 25, 2024; no official results are on file for this meeting.

0.2% Fund and manager reports combined; may count the same shares twice · no official result

AGAINST
Details: description as filed, votes by 66 asset managers

Description as filed by funds: 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?

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 63 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 managerForAgainst AbstainWithheldVote
BlackRock0116,938,034 00Against
Vanguard0106,607,033 00Against
Goldman Sachs053,786,378 00Against
Fidelity036,403,139 00Against
Dimensional035,020,144 00Against
WisdomTree020,625,581 00Against
Thornburg07,612,740 00Against
TIAA07,605,673 00Against
MFS06,817,546 00Against
State Street04,777,924 00Against
Lazard03,888,585 00Against
Invesco02,933,064 00Against
FRANKLIN FUND ALLOCATOR SERIES02,650,100 00Against
Franklin Templeton01,783,900 00Against
GMO01,623,863 00Against
Columbia Threadneedle01,412,839 00Against
Perpetual Americas Funds Trust01,348,935 00Against
First Trust01,311,727 00Against
Delaware/Macquarie01,087,224 00Against
DRIEHAUS MUTUAL FUNDS0961,317 00Against
Northern Trust0857,556 00Against
T. Rowe Price0842,595 00Against
DWS0748,380 00Against
Equitable0655,155 00Against
Victory Capital0634,529 00Against

Fund voting reports, all 63 managers: 368,341 for, 425,146,563 against, 321,300 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 3 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 managerForAgainst AbstainWithheldVote
RWC ASSET ADVISORS (US) LLC06,676,490 00Against
RWC Asset Management LLP314,3980 00For
Warren Street Wealth Advisors, LLC1,3790 00For

Institutional-manager reports, all 3 managers: 315,777 for, 6,676,490 against.

28. Amend Articles 19 and 44

Meeting held April 25, 2024; no official results are on file for this meeting.

100% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 66 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 63 asset managers voting on “Amend Articles 19 and 44” at PETROLEO BRASILEIRO SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
BlackRock116,938,0340 00For
Vanguard106,607,0330 00For
Goldman Sachs53,786,3780 00For
Fidelity36,403,1390 00For
Dimensional35,020,1440 00For
WisdomTree20,625,5810 00For
Thornburg7,612,7400 00For
TIAA7,605,6730 00For
MFS6,817,5460 00For
State Street4,777,9240 00For
Lazard3,888,5850 00For
Invesco2,933,0640 00For
FRANKLIN FUND ALLOCATOR SERIES2,650,1000 00For
Franklin Templeton1,783,9000 00For
GMO1,623,8630 00For
Columbia Threadneedle1,412,8390 00For
Perpetual Americas Funds Trust1,348,9350 00For
First Trust1,311,7270 00For
Delaware/Macquarie1,087,2240 00For
DRIEHAUS MUTUAL FUNDS961,3170 00For
Northern Trust857,5560 00For
T. Rowe Price842,5950 00For
DWS748,3800 00For
Equitable655,1550 00For
Victory Capital634,5290 00For

Fund voting reports, all 63 managers: 425,836,204 for. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 3 asset managers voting on “Amend Articles 19 and 44” at PETROLEO BRASILEIRO SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
RWC ASSET ADVISORS (US) LLC6,676,4900 00For
Warren Street Wealth Advisors, LLC1,3790 00For
RWC Asset Management LLP9770 00For

Institutional-manager reports, all 3 managers: 6,678,846 for.

29. Amend Articles and Consolidate Bylaws

Meeting held November 30, 2023; no official results are on file for this meeting.

0.3% Fund and manager reports combined; may count the same shares twice · no official result

AGAINST
Details: votes by 65 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 62 asset managers voting on “Amend Articles and Consolidate Bylaws” at PETROLEO BRASILEIRO SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
BlackRock0114,441,500 00Against
Vanguard0108,589,998 00Against
Goldman Sachs054,897,778 00Against
Fidelity048,287,873 00Against
Dimensional035,627,000 00Against
WisdomTree020,143,162 00Against
Thornburg07,612,740 00Against
MFS07,490,727 00Against
TIAA07,406,573 00Against
Artisan06,343,119 00Against
Lazard04,854,291 00Against
State Street04,730,707 00Against
Invesco03,168,570 00Against
Franklin Templeton01,678,200 00Against
First Trust01,662,870 00Against
Victory Capital01,615,937 00Against
American Century01,524,456 00Against
Columbia Threadneedle01,461,954 00Against
Brighthouse01,222,754 00Against
DRIEHAUS MUTUAL FUNDS01,178,282 00Against
Northern Trust0789,534 00Against
Equitable0787,700 00Against
DWS0741,794 00Against
T. Rowe Price0703,926 00Against
GMO0702,656 00Against

Fund voting reports, all 62 managers: 524,900 for, 444,205,519 against. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 3 asset managers voting on “Amend Articles and Consolidate Bylaws” at PETROLEO BRASILEIRO SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
RWC ASSET ADVISORS (US) LLC06,579,185 00Against
RWC Asset Management LLP753,5340 00For
Warren Street Wealth Advisors, LLC1,8120 00For

Institutional-manager reports, all 3 managers: 755,346 for, 6,579,185 against.

30. If one of the candidates of the slate leaves it, to accommodate the separate election referred to in articles 161…

No official resultsSHAREHOLDER RIGHTS AND DEFENSES

Meeting held April 25, 2024; no official results are on file for this meeting.

Combines 2 wordings of this item as funds reported it.

34% of fund votes cast · no official result

FORAGAINST
Details: description as filed, votes by 26 asset managers

Description as filed by funds: 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?

The 26 asset managers below reported 8,387,024 for, 16,272,526 against, 1,760 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 8,387,024AGAINST: 16,272,526ABSTAIN: 1,760
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 managerForAgainst AbstainWithheldVote
BAILLIE GIFFORD FUNDS011,263,991 00Against
CULLEN FUNDS TRUST6,634,5580 00For
Jackson National02,600,373 00Against
John Hancock01,017,326 00Against
Vanguard0432,184 00Against
Cambria ETF Trust424,2000 00For
Morningstar Funds Trust411,2600 00For
Two Roads Shared Trust327,8040 00For
Brookfield Investment Funds306,6700 00For
JPMorgan0276,539 00Against
Miller/Howard High Income Equity Fund0275,000 00Against
TIMOTHY PLAN88,6870 00For
apricus wealth, LLC85,4400 00For
Cohen & Steers083,544 00Against
Krane Shares Trust083,100 00Against
TRUST FOR PROFESSIONAL MANAGERS066,140 00Against
ETF Series Solutions53,6050 00For
TrimTabs ETF Trust048,271 00Against
Advisors' Inner Circle Fund III47,6000 00For
Gabelli035,000 00Against
GPS Funds I034,877 00Against
PFM Multi-Manager Series Trust031,425 00Against
HARBOR FUNDS024,756 00Against
Northern Lights Fund Trust IV7,2000 00For
CITY NATIONAL ROCHDALE FUNDS00 1,7600Abstain

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

31. Fix Number of Directors at Eleven

Meeting held April 25, 2024; no official results are on file for this meeting.

100% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 66 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 63 asset managers voting on “Fix Number of Directors at Eleven” at PETROLEO BRASILEIRO SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
BlackRock116,938,0340 00For
Vanguard106,607,0330 00For
Goldman Sachs53,786,3780 00For
Fidelity36,403,1390 00For
Dimensional35,020,1440 00For
WisdomTree20,625,5810 00For
Thornburg7,612,7400 00For
TIAA7,605,6730 00For
MFS6,817,5460 00For
State Street4,777,9240 00For
Lazard3,888,5850 00For
Invesco2,933,0640 00For
FRANKLIN FUND ALLOCATOR SERIES2,650,1000 00For
Franklin Templeton1,783,9000 00For
GMO1,623,8630 00For
Columbia Threadneedle1,412,8390 00For
Perpetual Americas Funds Trust1,348,9350 00For
First Trust1,311,7270 00For
Delaware/Macquarie1,087,2240 00For
DRIEHAUS MUTUAL FUNDS961,3170 00For
Northern Trust857,5560 00For
T. Rowe Price842,5950 00For
DWS748,3800 00For
Equitable655,1550 00For
Victory Capital634,5290 00For

Fund voting reports, all 63 managers: 425,836,204 for. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 3 asset managers voting on “Fix Number of Directors at Eleven” at PETROLEO BRASILEIRO SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
RWC Asset Management LLP158,220,5150 00For
RWC ASSET ADVISORS (US) LLC6,676,4900 00For
Warren Street Wealth Advisors, LLC1,3790 00For

Institutional-manager reports, all 3 managers: 164,898,384 for.

32. Fix Number of Fiscal Council Members at Five

Meeting held April 25, 2024; no official results are on file for this meeting.

100% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 66 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 63 asset managers voting on “Fix Number of Fiscal Council Members at Five” at PETROLEO BRASILEIRO SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
BlackRock116,938,0340 00For
Vanguard106,607,0330 00For
Goldman Sachs53,786,3780 00For
Fidelity36,403,1390 00For
Dimensional35,020,1440 00For
WisdomTree20,625,5810 00For
Thornburg7,612,7400 00For
TIAA7,605,6730 00For
MFS6,817,5460 00For
State Street4,777,9240 00For
Lazard3,888,5850 00For
Invesco2,933,0640 00For
FRANKLIN FUND ALLOCATOR SERIES2,650,1000 00For
Franklin Templeton1,783,9000 00For
GMO1,623,8630 00For
Columbia Threadneedle1,412,8390 00For
Perpetual Americas Funds Trust1,348,9350 00For
First Trust1,311,7270 00For
Delaware/Macquarie1,087,2240 00For
DRIEHAUS MUTUAL FUNDS961,3170 00For
Northern Trust857,5560 00For
T. Rowe Price842,5950 00For
DWS748,3800 00For
Equitable655,1550 00For
Victory Capital634,5290 00For

Fund voting reports, all 63 managers: 425,836,204 for. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 3 asset managers voting on “Fix Number of Fiscal Council Members at Five” at PETROLEO BRASILEIRO SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
RWC ASSET ADVISORS (US) LLC6,676,4900 00For
Warren Street Wealth Advisors, LLC1,3790 00For
RWC Asset Management LLP9770 00For

Institutional-manager reports, all 3 managers: 6,678,846 for.

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

Meeting held April 25, 2024; no official results are on file for this meeting.

0.1% Fund and manager reports combined; may count the same shares twice · no official result

AGAINST
Details: votes by 66 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 63 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 managerForAgainst AbstainWithheldVote
BlackRock0116,938,034 00Against
Vanguard0106,607,033 00Against
Goldman Sachs053,786,378 00Against
Fidelity036,403,139 00Against
Dimensional035,020,144 00Against
WisdomTree020,625,581 00Against
Thornburg07,612,740 00Against
TIAA07,605,673 00Against
MFS06,817,546 00Against
State Street04,777,924 00Against
Lazard03,888,585 00Against
Invesco02,933,064 00Against
FRANKLIN FUND ALLOCATOR SERIES02,650,100 00Against
Franklin Templeton01,783,900 00Against
GMO01,623,863 00Against
Columbia Threadneedle01,412,839 00Against
Perpetual Americas Funds Trust01,348,935 00Against
First Trust01,311,727 00Against
Delaware/Macquarie01,087,224 00Against
DRIEHAUS MUTUAL FUNDS0961,317 00Against
Northern Trust0857,556 00Against
T. Rowe Price0842,595 00Against
DWS0748,380 00Against
Equitable0655,155 00Against
Victory Capital0634,529 00Against

Fund voting reports, all 63 managers: 425,514,904 against, 321,300 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 3 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 managerForAgainst AbstainWithheldVote
RWC ASSET ADVISORS (US) LLC06,676,490 00Against
Warren Street Wealth Advisors, LLC1,3790 00For
RWC Asset Management LLP7200 00For

Institutional-manager reports, all 3 managers: 2,099 for, 6,676,490 against.

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

Meeting held April 25, 2024; no official results are on file for this meeting.

100% Fund and manager reports combined; may count the same shares twice · no official result

FORABSTAIN
Details: votes by 66 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 63 asset managers voting on “Accept Financial Statements and Statutory Reports for Fiscal Year Ended Dec. 31, 2023” at PETROLEO BRASILEIRO SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
BlackRock00 116,938,0340Abstain
Vanguard106,607,0330 00For
Goldman Sachs53,786,3780 00For
Fidelity36,403,1390 00For
Dimensional35,020,1440 00For
WisdomTree20,625,5810 00For
Thornburg7,612,7400 00For
TIAA7,605,6730 00For
MFS6,817,5460 00For
State Street4,777,9240 00For
Lazard3,888,5850 00For
Invesco2,933,0640 00For
FRANKLIN FUND ALLOCATOR SERIES2,650,1000 00For
Franklin Templeton1,783,9000 00For
GMO1,623,8630 00For
Columbia Threadneedle1,412,8390 00For
Perpetual Americas Funds Trust1,348,9350 00For
First Trust1,311,7270 00For
Delaware/Macquarie1,087,2240 00For
DRIEHAUS MUTUAL FUNDS961,3170 00For
Northern Trust857,5560 00For
T. Rowe Price842,5950 00For
DWS748,3800 00For
Equitable655,1550 00For
Victory Capital634,5290 00For

Fund voting reports, all 63 managers: 308,549,813 for, 117,286,391 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 3 asset managers voting on “Accept Financial Statements and Statutory Reports for Fiscal Year Ended Dec. 31, 2023” at PETROLEO BRASILEIRO SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
RWC ASSET ADVISORS (US) LLC6,676,4900 00For
Warren Street Wealth Advisors, LLC1,3790 00For
RWC Asset Management LLP9770 00For

Institutional-manager reports, all 3 managers: 6,678,846 for.

35. Approve Allocation of Income and Dividends

Meeting held April 25, 2024; no official results are on file for this meeting.

99.8% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 66 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 63 asset managers voting on “Approve Allocation of Income and Dividends” at PETROLEO BRASILEIRO SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
BlackRock116,938,0340 00For
Vanguard106,607,0330 00For
Goldman Sachs53,786,3780 00For
Fidelity36,403,1390 00For
Dimensional35,020,1440 00For
WisdomTree20,625,5810 00For
Thornburg7,612,7400 00For
TIAA7,605,6730 00For
MFS6,817,5460 00For
State Street4,777,9240 00For
Lazard3,888,5850 00For
Invesco2,933,0640 00For
FRANKLIN FUND ALLOCATOR SERIES2,650,1000 00For
Franklin Templeton1,783,9000 00For
GMO1,623,8630 00For
Columbia Threadneedle1,412,8390 00For
Perpetual Americas Funds Trust1,348,9350 00For
First Trust1,311,7270 00For
Delaware/Macquarie1,087,2240 00For
DRIEHAUS MUTUAL FUNDS961,3170 00For
Northern Trust857,5560 00For
T. Rowe Price842,5950 00For
DWS748,3800 00For
Equitable655,1550 00For
Victory Capital634,5290 00For

Fund voting reports, all 63 managers: 425,251,984 for, 584,220 against. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 3 asset managers voting on “Approve Allocation of Income and Dividends” at PETROLEO BRASILEIRO SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
RWC Asset Management LLP14,912,7070 00For
RWC ASSET ADVISORS (US) LLC6,676,4900 00For
Warren Street Wealth Advisors, LLC1,3790 00For

Institutional-manager reports, all 3 managers: 21,590,576 for.

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

Meeting held April 25, 2024; no official results are on file for this meeting.

Combines 3 wordings of this item as funds reported it.

98% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: description as filed, votes by 71 asset managers

Description as filed by funds: In the Event of a Second Call, Can the Voting Instructions Contained in this Proxy Card Be Considered Valid for the Second Call?

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 67 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 managerForAgainst AbstainWithheldVote
BlackRock116,938,0340 00For
Vanguard105,597,5090 00For
Fidelity36,020,8910 00For
WisdomTree20,625,5810 00For
TIAA7,605,6730 00For
MFS6,817,5460 00For
CULLEN FUNDS TRUST6,634,5580 00For
State Street04,777,924 00Against
Lazard3,888,5850 00For
Dimensional3,678,1360 00For
Invesco2,933,0640 00For
FRANKLIN FUND ALLOCATOR SERIES2,650,1000 00For
Franklin Templeton1,773,9000 00For
GMO1,623,8630 00For
Perpetual Americas Funds Trust1,348,9350 00For
First Trust1,311,7270 00For
Delaware/Macquarie1,087,2240 00For
John Hancock889,097128,229 00Mixed
DRIEHAUS MUTUAL FUNDS961,3170 00For
Northern Trust857,5560 00For
T. Rowe Price842,5950 00For
DWS748,3800 00For
Victory Capital634,5290 00For
Equitable620,9890 00For
UBS584,2200 00For

Fund voting reports, all 67 managers: 332,945,806 for, 5,582,337 against, 321,300 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 3 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 managerForAgainst AbstainWithheldVote
RWC ASSET ADVISORS (US) LLC6,676,4900 00For
Warren Street Wealth Advisors, LLC1,3790 00For
RWC Asset Management LLP9770 00For

Institutional-manager reports, all 3 managers: 6,678,846 for.

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

Meeting held November 30, 2023; no official results are on file for this meeting.

99% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: description as filed, votes by 65 asset managers

Description as filed by funds: In the Event of a Second Call, Can the Voting Instructions Contained in this Proxy Card Be Considered Valid for the Second Call?

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 62 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 managerForAgainst AbstainWithheldVote
BlackRock114,441,5000 00For
Vanguard108,589,9980 00For
Goldman Sachs54,897,7780 00For
Fidelity48,287,8730 00For
Dimensional35,627,0000 00For
WisdomTree20,143,1620 00For
Thornburg7,612,7400 00For
MFS7,490,7270 00For
TIAA7,406,5730 00For
Artisan6,343,1190 00For
Lazard4,854,2910 00For
State Street04,730,707 00Against
Invesco3,168,5700 00For
Franklin Templeton1,678,2000 00For
First Trust1,662,8700 00For
Victory Capital1,615,9370 00For
American Century1,524,4560 00For
Columbia Threadneedle1,461,9540 00For
Brighthouse1,086,854135,900 00Mixed
DRIEHAUS MUTUAL FUNDS1,178,2820 00For
Northern Trust789,5340 00For
Equitable787,7000 00For
DWS741,7940 00For
T. Rowe Price703,9260 00For
GMO702,6560 00For

Fund voting reports, all 62 managers: 439,317,569 for, 5,412,850 against. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 3 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 managerForAgainst AbstainWithheldVote
RWC ASSET ADVISORS (US) LLC6,579,1850 00For
RWC Asset Management LLP753,5340 00For
Warren Street Wealth Advisors, LLC1,8120 00For

Institutional-manager reports, all 3 managers: 7,334,531 for.

38. In Case Neither Class of Shares Reaches the Minimum Quorum Required by the Brazilian Corporate Law to Elect a Board…

No official resultsCORPORATE GOVERNANCE

Meeting held April 25, 2024; no official results are on file for this meeting.

99.3% of fund votes cast · no official result

FOR
Details: description as filed, votes by 61 asset managers

Description as filed by funds: 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?

The 61 asset managers below reported 639,507,982 for, 4,387,037 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 639,507,982AGAINST: 4,387,037
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 managerForAgainst AbstainWithheldVote
Vanguard157,569,5630 00For
BlackRock156,720,9610 00For
Goldman Sachs126,700,1630 00For
Fidelity49,151,2070 00For
Dimensional43,583,8250 00For
AllianceBernstein17,480,0000 00For
GMO12,685,8200 00For
MFS11,899,9460 00For
TIAA9,629,3900 00For
PIMCO9,382,2980 00For
TEMPLETON DEVELOPING MARKETS TRUST4,591,9320 00For
Invesco4,479,1740 00For
State Street03,891,237 00Against
Franklin Templeton3,719,9280 00For
Delaware/Macquarie3,585,5090 00For
CAUSEWAY CAPITAL MANAGEMENT TRUST2,284,6200 00For
DWS2,219,5320 00For
Advisors' Inner Circle Fund II2,177,8000 00For
ADVISORS' INNER CIRCLE FUND1,889,0940 00For
Columbia Threadneedle1,861,8060 00For
AIG/SunAmerica1,845,6170 00For
Allspring1,677,9740 00For
Northern Trust1,677,1710 00For
Victory Capital1,383,6000 00For
First Trust995,3340 00For

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

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

Meeting held April 25, 2024; no official results are on file for this meeting.

56% Fund and manager reports combined; may count the same shares twice · no official result

FORAGAINST
Details: votes by 66 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 63 asset managers voting on “Approve Remuneration of Company's Management, Fiscal Council, and Statutory Advisory Committees” at PETROLEO BRASILEIRO SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
BlackRock116,938,0340 00For
Vanguard106,607,0330 00For
Goldman Sachs053,786,378 00Against
Fidelity17,928,51518,474,624 00Mixed
Dimensional035,020,144 00Against
WisdomTree020,625,581 00Against
Thornburg07,612,740 00Against
TIAA07,605,673 00Against
MFS06,817,546 00Against
State Street04,777,924 00Against
Lazard03,888,585 00Against
Invesco53,4862,879,578 00Against
FRANKLIN FUND ALLOCATOR SERIES02,650,100 00Against
Franklin Templeton01,783,900 00Against
GMO01,623,863 00Against
Columbia Threadneedle01,412,839 00Against
Perpetual Americas Funds Trust01,348,935 00Against
First Trust01,311,727 00Against
Delaware/Macquarie01,087,224 00Against
DRIEHAUS MUTUAL FUNDS0961,317 00Against
Northern Trust0857,556 00Against
T. Rowe Price0842,595 00Against
DWS0748,380 00Against
Equitable0655,155 00Against
Victory Capital0634,529 00Against

Fund voting reports, all 63 managers: 242,565,066 for, 183,271,138 against. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 3 asset managers voting on “Approve Remuneration of Company's Management, Fiscal Council, and Statutory Advisory Committees” at PETROLEO BRASILEIRO SA, 2023-2024
Asset managerForAgainst AbstainWithheldVote
RWC ASSET ADVISORS (US) LLC06,676,490 00Against
RWC Asset Management LLP209,1990 00For
Warren Street Wealth Advisors, LLC1,3790 00For

Institutional-manager reports, all 3 managers: 210,578 for, 6,676,490 against.

40. Analysis of management accounts, analysis, discussion, and voting on the Management Report and the Company's Financial…

Meeting held April 25, 2024; no official results are on file for this meeting.

Combines 2 wordings of this item as funds reported it.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 26 asset managers

Description as filed by funds: 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.

The 26 asset managers below reported 24,659,550 for, 1,760 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 24,659,550ABSTAIN: 1,760
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 managerForAgainst AbstainWithheldVote
BAILLIE GIFFORD FUNDS11,263,9910 00For
CULLEN FUNDS TRUST6,634,5580 00For
Jackson National2,600,3730 00For
John Hancock1,017,3260 00For
Vanguard432,1840 00For
Cambria ETF Trust424,2000 00For
Morningstar Funds Trust411,2600 00For
Two Roads Shared Trust327,8040 00For
Brookfield Investment Funds306,6700 00For
JPMorgan276,5390 00For
Miller/Howard High Income Equity Fund275,0000 00For
TIMOTHY PLAN88,6870 00For
apricus wealth, LLC85,4400 00For
Cohen & Steers83,5440 00For
Krane Shares Trust83,1000 00For
TRUST FOR PROFESSIONAL MANAGERS66,1400 00For
ETF Series Solutions53,6050 00For
TrimTabs ETF Trust48,2710 00For
Advisors' Inner Circle Fund III47,6000 00For
Gabelli35,0000 00For
GPS Funds I34,8770 00For
PFM Multi-Manager Series Trust31,4250 00For
HARBOR FUNDS24,7560 00For
Northern Lights Fund Trust IV7,2000 00For
CITY NATIONAL ROCHDALE FUNDS00 1,7600Abstain

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 separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported.

Fund voting reports: top PETROLEO BRASILEIRO SA shareholders by shares voted on “Elect Pietro Adamo Sampaio Mendes as Board Chairman”, 2023-2024
#Asset manager Shares voted
1Vanguard 117,078,347
2BlackRock 116,938,034
3Goldman Sachs 53,786,378
4Fidelity 37,142,629
5Dimensional 35,020,144
6WisdomTree 20,625,581
7Charles Schwab 17,459,029
8Thornburg 7,612,740
9TIAA 7,605,673
10MFS 6,817,546
Institutional-manager reports: top PETROLEO BRASILEIRO SA shareholders by shares voted on “Establishment of the compensation of management, Fiscal Council members, and members of the…”, 2023-2024
#Asset manager Shares voted
1UNITED CAPITAL FINANCIAL ADVISORS, LLC 245,065
2apricus wealth, LLC 85,440
3Janney Montgomery Scott LLC 85,075
4Cannon Financial Strategists, Inc. 274
5Clark Capital Management Group, Inc. 99

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 funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), 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 October 18, 2026; a live search always shows the current data.

At PETROLEO BRASILEIRO SA's 2 shareholder meetings in the 2023-2024 proxy season (held November 30, 2023 and April 25, 2024), 138 asset managers reported how they voted in their SEC Form N-PX filings, covering 10,252 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 and managers cast 0.8% of the shares they voted in favour (FOR divided by FOR plus AGAINST plus WITHHELD; abstained and unvoted shares are excluded because neither took a side). Fund and manager reports are combined in it and may count the same shares twice: it adds fund reports to institutional-manager reports, which can cover the same shares. It is not the company's certified result.

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

Download data (CSV): ballot items · votes by manager · column guide.