PETROLEO BRASILEIRO SA PETRO

Ticker: PBR/A CUSIP: 71654V101 Class: ADR

BW Gestao de Investimentos Ltda.'s Holding History (CIK: 0001568280)

Note: Option positions (PUT/CALL) are excluded.

Q4 2019
Shares 600,000 Value ($000) $8,952 Avg Close — Range —
Q1 2019
Shares 535,640 Value ($000) $7,660 Avg Close — Range —
Q4 2018
Shares 250,000 Value ($000) $2,898 Avg Close — Range —