Petrobras has signed a Protocol of Intent with CSN and its subsidiary, CSN Inova Soluções S.A., to potentially develop a commercial-scale low-carbon hydrogen plant in Paraná, Brazil. The project, based on water electrolysis powered by renewable electricity, aims to produce low-carbon hydrogen for cleaner fuel and industrial processes, helping to reduce emissions. This partnership reflects both companies' commitment to decarbonization and innovation. By aligning with Petrobras' Strategic and Business Plans, the collaboration seeks to lead the energy transition responsibly, focusing on emission reduction and sustainable energy expansion. The initiative supports Brazil's sustainability goals and global climate efforts, contributing to cleaner energy alternatives. Addressing various challenges, the partnership aims to foster innovation, mitigate risks, and accelerate the transition to sustainable energy solutions. By leveraging their resources, expertise, and governance practices, Petrobras and CSN aim to drive forward initiatives that support environmental goals and enhance competitiveness. The project not only highlights Petrobras' dedication to sustainability but also emphasizes the importance of strategic alliances in achieving shared environmental objectives. The CSN Group, a prominent steel producer, operates globally and manages diverse assets, including steel plants, industrial facilities, and natural resource operations. The group's involvement in this low-carbon hydrogen project showcases its commitment to integrating low-carbon technologies and supporting the transition to a more sustainable energy future for Brazil and beyond.