<SEC-DOCUMENT>0001292814-25-002976.txt : 20250808
<SEC-HEADER>0001292814-25-002976.hdr.sgml : 20250808
<ACCEPTANCE-DATETIME>20250808110751
ACCESSION NUMBER:		0001292814-25-002976
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		4
CONFORMED PERIOD OF REPORT:	20250630
FILED AS OF DATE:		20250808
DATE AS OF CHANGE:		20250808

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PETROBRAS - PETROLEO BRASILEIRO SA
		CENTRAL INDEX KEY:			0001119639
		STANDARD INDUSTRIAL CLASSIFICATION:	CRUDE PETROLEUM & NATURAL GAS [1311]
		ORGANIZATION NAME:           	01 Energy & Transportation
		EIN:				000000000
		STATE OF INCORPORATION:			D5
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-15106
		FILM NUMBER:		251196802

	BUSINESS ADDRESS:	
		STREET 1:		AVENIDA REPUBLICA DO CHILE 65
		CITY:			RIO DE JANERIO RJ BR
		STATE:			D5
		ZIP:			20035-900
		BUSINESS PHONE:		55-21-534-4477

	MAIL ADDRESS:	
		STREET 1:		AVENIDA REPUBLICA DO CHILE 65
		CITY:			RIO DE JANERIO RJ BR
		STATE:			D5
		ZIP:			20035-900

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BRAZILIAN PETROLEUM CORP
		DATE OF NAME CHANGE:	20000717
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>pbrfs2q25usd_6k.htm
<DESCRIPTION>6-K
<TEXT>
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<P STYLE="font: 11pt/107% Calibri, Helvetica, Sans-Serif; margin: 0 0 8pt; text-indent: 7.1pt">&nbsp;</P>

<P STYLE="font: 18pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center; background-color: white"><B>UNITED STATES</B></P>

<P STYLE="font: 18pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center; background-color: white"><B>SECURITIES AND EXCHANGE
COMMISSION</B></P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center; background-color: white"><B>Washington, D.C.
20549</B></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 18pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center; background-color: white"><B>FORM 6-K</B></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center; background-color: white">Report of Foreign Private
Issuer<BR>
Pursuant to Rule 13a-16 or 15d-16 of the</P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center; background-color: white">Securities Exchange
Act of 1934</P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center; background-color: white"><B>For the month of
August, 2025</B></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center; background-color: white"><B>Commission File Number
1-15106</B></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 18pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center; background-color: white"><B>PETR&Oacute;LEO BRASILEIRO
S.A. &ndash; PETROBRAS</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center; background-color: white">(Exact name of registrant
as specified in its charter)</P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0 0 14pt">&nbsp;</P>

<P STYLE="font: 18pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center; background-color: white"><B>Brazilian Petroleum
Corporation &ndash; PETROBRAS</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center; background-color: white">(Translation of Registrant's
name into English)</P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0 0 14pt">&nbsp;</P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center; background-color: white"><B>Avenida Henrique Valadares, 28 &ndash; 9th floor&nbsp;<BR>
20231-030 &ndash; Rio de Janeiro, RJ<BR>
Federative Republic of Brazil</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center; background-color: white">(Address of principal
executive office)</P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center; background-color: white">Indicate by check mark
whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center; background-color: white">Form 20-F ___X___ Form
40-F _______</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center; background-color: white">Indicate by check mark
whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission
pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.</P>

<P STYLE="font: 10pt/11.5pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">Yes _______ No___X____</P>

<P STYLE="font: 11pt/11.75pt Calibri, Helvetica, Sans-Serif; margin: 0 0 8pt">&nbsp;</P>

<P STYLE="font: 11pt/107% Calibri, Helvetica, Sans-Serif; margin: 0 0 8pt">&nbsp;</P>

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<P STYLE="font: 10pt/67.2pt Times New Roman, Times, Serif; margin: 0 0 10pt 42.55pt">&nbsp;</P>

<P STYLE="font: 42pt/67.2pt Arial,sans-serif; margin: 0 0 10pt 63.8pt; color: #006298"><I>Unaudited Condensed</I></P>

<P STYLE="font: 42pt/67.2pt Arial,sans-serif; margin: 0 0 10pt 63.8pt; color: #006298"><I>Consolidated Interim </I></P>

<P STYLE="font: 42pt/67.2pt Arial,sans-serif; margin: 0 0 10pt 63.8pt; color: #006298"><I>Financial Statements</I></P>

<P STYLE="font: 22pt/67.2pt Arial,sans-serif; margin: 0 0 10pt 63.8pt; color: #006298"><I>PETR&Oacute;LEO BRASILEIRO S.A. &ndash;
PETROBRAS</I></P>

<P STYLE="font: 15pt/25pt Arial,sans-serif; margin: 0 0 10pt 63.8pt; color: #006298"><I>&nbsp;</I></P>

<P STYLE="font: 24pt/115% Arial,sans-serif; margin: 0 0 10pt 63.8pt; color: #006298"><I>As of June 30, 2025, with the independent
registered public accounting firm review report</I></P>

<P STYLE="text-align: right; font: 10pt/67.2pt Times New Roman, Times, Serif; margin: 0 0 10pt 28.35pt">&nbsp;</P>

<P STYLE="font: 10pt/67.2pt Times New Roman, Times, Serif; text-align: right; margin: 0 0 10pt 28.35pt"><IMG SRC="image_002.jpg" ALT=""></P>


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<P STYLE="margin: 0"></P>




<P STYLE="font: 9pt Arial; margin: 0; color: #008542">INDEX</P>

<P STYLE="font: 9pt Arial; margin: 0; color: #008542">Petr&oacute;leo Brasileiro S.A. &ndash; Petrobras</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%">
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Arial">
    <TD STYLE="width: 90%; text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 0in"><A HREF="#a_001">Unaudited Condensed Consolidated Statements of Financial Position</A></TD>
    <TD STYLE="width: 10%; text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_001">3</A></TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Arial">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 0in"><A HREF="#a_002">Unaudited Condensed Consolidated Statements of Income</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_002">4</A></TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Arial">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 0in"><A HREF="#a_003">Unaudited Condensed Consolidated Statements of Comprehensive Income</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_003">5</A></TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Arial">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 0in"><A HREF="#a_004">Unaudited Condensed Consolidated Statements of Cash Flows</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_004">6</A></TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Arial">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 0in"><A HREF="#a_005">Unaudited Condensed Consolidated Statements of Changes in Shareholders&rsquo; Equity</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_005">7</A></TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Arial">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 0in"><A HREF="#a_006">1.&nbsp;&nbsp;&nbsp;Basis of preparation</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_006">8</A></TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Arial">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 0in"><A HREF="#a_007">2.&nbsp;&nbsp;&nbsp;Material accounting policies</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_007">8</A></TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Arial">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 0in"><A HREF="#a_008">3.&nbsp;&nbsp;&nbsp;Cash and cash equivalents and marketable securities</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_008">8</A></TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Arial">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 0in"><A HREF="#a_009">4.&nbsp;&nbsp;&nbsp;Sales revenues</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_009">9</A></TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Arial">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 0in"><A HREF="#a_010">5.&nbsp;&nbsp;&nbsp;Costs and expenses by nature</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_010">10</A></TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Arial">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 0in"><A HREF="#a_011">6.&nbsp;&nbsp;&nbsp;Other income and expenses, net</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_011">11</A></TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Arial">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 0in"><A HREF="#a_012">7.&nbsp;&nbsp;&nbsp;Net finance income (expense)</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_012">11</A></TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Arial">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 0in"><A HREF="#a_013">8.&nbsp;&nbsp;&nbsp;Information by operating segment</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_013">12</A></TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Arial">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 0in"><A HREF="#a_014">9.&nbsp;&nbsp;&nbsp;Trade and other receivables</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_014">18</A></TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Arial">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 0in"><A HREF="#a_015">10.&nbsp;&nbsp;&nbsp;Inventories</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_015">19</A></TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Arial">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 0in"><A HREF="#a_016">11.&nbsp;&nbsp;&nbsp;Trade payables</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_016">19</A></TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Arial">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 0in"><A HREF="#a_017">12.&nbsp;&nbsp;&nbsp;Taxes</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_017">20</A></TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Arial">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 0in"><A HREF="#a_018">13.&nbsp;&nbsp;&nbsp;Employee benefits</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_018">22</A></TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Arial">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 0in"><A HREF="#a_019">14.&nbsp;&nbsp;&nbsp;Provisions for legal proceedings, judicial deposits and contingent liabilities</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_019">27</A></TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Arial">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 0in"><A HREF="#a_020">15.&nbsp;&nbsp;&nbsp;Provision for decommissioning costs</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_020">31</A></TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Arial">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 0in"><A HREF="#a_021">16.&nbsp;&nbsp;&nbsp;Other assets and liabilities</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_021">32</A></TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Arial">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 0in"><A HREF="#a_022">17.&nbsp;&nbsp;&nbsp;Property, plant and equipment</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_022">32</A></TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Arial">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 0in"><A HREF="#a_023">18.&nbsp;&nbsp;&nbsp;Intangible assets</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_023">35</A></TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Arial">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 0in"><A HREF="#a_024">19.&nbsp;&nbsp;&nbsp;Impairment</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_024">35</A></TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Arial">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 0in"><A HREF="#a_025">20.&nbsp;&nbsp;&nbsp;Exploration and evaluation of oil and gas reserves</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_025">36</A></TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Arial">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 0in"><A HREF="#a_026">21.&nbsp;&nbsp;&nbsp;Investments</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_026">37</A></TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Arial">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 0in"><A HREF="#a_027">22.&nbsp;&nbsp;&nbsp;Disposal of assets and other transactions</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_027">37</A></TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Arial">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 0in"><A HREF="#a_028">23.&nbsp;&nbsp;&nbsp;Finance debt</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_028">39</A></TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Arial">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 0in"><A HREF="#a_029">24.&nbsp;&nbsp;&nbsp;Lease liability</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_029">42</A></TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Arial">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 0in"><A HREF="#a_030">25.&nbsp;&nbsp;&nbsp;Equity</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_030">43</A></TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Arial">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 0in"><A HREF="#a_031">26.&nbsp;&nbsp;&nbsp;Financial risk management</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_031">45</A></TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Arial">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 0in"><A HREF="#a_032">27.&nbsp;&nbsp;&nbsp;Related party transactions</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_032">50</A></TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Arial">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 0in"><A HREF="#a_033">28.&nbsp;&nbsp;&nbsp;Supplemental information on statement of cash flows</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_033">52</A></TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Arial">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 0in"><A HREF="#a_034">29.&nbsp;&nbsp;&nbsp;Subsequent events</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_034">53</A></TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Arial, Helvetica, Sans-Serif">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 0in"><A HREF="#a_035">Report of Independent Registered Public Accounting Firm</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_035">54</A></TD></TR>
</TABLE>
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<P STYLE="font: 9pt Arial,sans-serif; margin: 0; color: #008542"><B><A NAME="a_001"></A>Unaudited Condensed Consolidated Statements of Financial
Position&#9;</B></P>

<P STYLE="font: 9pt Arial,sans-serif; margin: 0; color: #008542">PETROBRAS</P>

<P STYLE="font: 9pt Arial,sans-serif; margin: 0; color: #008542">As of June 30, 2025 and December 31, 2024 (Expressed in millions
of US Dollars, unless otherwise indicated)</P>

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 0.5pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 6pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 77%; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Assets</B></FONT></TD>
    <TD STYLE="width: 5%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Note</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>06.30.2025</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>12.31.2024</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Cash and cash equivalents</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">6,996</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3,271</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Marketable securities</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,505</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">4,263</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Trade and other receivables</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">9</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3,385</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3,566</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Inventories</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">10</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">8,233</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">6,710</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Recoverable income taxes</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">12</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">635</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">411</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Other recoverable taxes</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">12</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,207</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,555</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Others</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">16</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,414</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,550</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">24,375</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">21,326</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Assets classified as held for sale</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">22</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">521</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">510</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Current assets</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>24,896</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>21,836</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 20pt; text-indent: 0.75pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Trade and other receivables</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">9</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">859</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,256</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Marketable securities</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">51</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">582</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Judicial deposits </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">14</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">14,299</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">11,748</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Deferred income taxes</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">12</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,005</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">922</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Other recoverable taxes</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">12</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">4,382</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3,601</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Others</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">16</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,967</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,501</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Long-term receivables</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">23,563</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">20,610</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Investments</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">21</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">778</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">659</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Property, plant and equipment - PP&amp;E</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">17</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">163,627</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">136,285</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Intangible assets</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">18</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,432</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,255</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Non-current assets</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>190,400</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>159,809</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD></TR>
  <TR STYLE="background-color: whitesmoke">
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Total assets</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>215,296</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>181,645</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 5pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 77%; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Liabilities</B></FONT></TD>
    <TD STYLE="width: 5%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Note</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>06.30.2025</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>12.31.2024</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-align: right; text-indent: 0.4pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Trade payables</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">11</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">6,299</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">6,082</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Finance debt</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">23</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,475</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,566</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Lease liability</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">24</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">9,270</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">8,542</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Income taxes payable</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">12</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">656</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,400</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Other taxes payable</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">12</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3,553</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3,284</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Dividends payable</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">25</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,028</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,657</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Provision for decommissioning costs</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">15</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,514</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,696</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Employee benefits</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">13</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,739</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,315</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Others</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">16</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,577</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,205</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">32,111</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">30,747</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Liabilities related to assets classified as held for sale</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">22</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">722</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">713</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Current liabilities</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>32,833</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>31,460</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Finance debt</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">23</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">23,316</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">20,596</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Lease liability</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">24</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">33,003</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">28,607</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Income taxes payable</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">12</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">591</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">530</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Deferred income taxes</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">12</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">7,602</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,470</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Employee benefits</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">13</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">12,449</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">10,672</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Provisions for legal proceedings</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">14</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,890</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,833</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Provision for decommissioning costs</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">15</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">27,222</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">24,507</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Others</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">16</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,762</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,620</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Non-current liabilities</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>108,835</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>90,835</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Current and non-current liabilities</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>141,668</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>122,295</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 20pt; text-indent: 0.75pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Share capital (net of share issuance costs)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">25</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">107,101</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">107,101</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Capital reserve and capital transactions</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,145</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">29</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Profit reserves</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">25</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">58,853</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">61,446</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Retained earnings</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">8,694</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Accumulated other comprehensive deficit</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(102,635)</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(109,470)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Attributable to the shareholders of Petrobras</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">73,158</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">59,106</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Non-controlling interests</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">470</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">244</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Equity</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>73,628</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>59,350</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: whitesmoke">
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Total liabilities and equity</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>215,296</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>181,645</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="4" STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt; color: #675C53">The notes form an integral part of these unaudited condensed consolidated interim financial statements.</FONT></TD></TR>
  </TABLE>

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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
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<P STYLE="font: 9pt Arial,sans-serif; margin: 0; color: #008542"><A NAME="a_002"></A><B>Unaudited Condensed Consolidated Statements of Income</B></P>

<P STYLE="font: 9pt Arial,sans-serif; margin: 0; color: #008542">PETROBRAS</P>

<P STYLE="font: 9pt Arial,sans-serif; margin: 0; color: #008542">Three and six-month periods ended June 30, 2025 and 2024 (Expressed
in millions of US Dollars, unless otherwise indicated)</P>

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 0.5pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 8pt Arial,sans-serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 3pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="background-color: whitesmoke">
    <TD STYLE="width: 59%; padding-right: 3pt; padding-left: 3pt; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 5%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Note</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Jan-Jun/2025</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Jan-Jun/2024</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Apr-Jun/2025</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Apr-Jun/2024</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Sales revenues</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">4</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">42,110</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">47,235</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">21,037</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">23,467</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Cost of sales</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">5</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(21,710)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(23,251)</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(11,025)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(11,740)</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Gross profit</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">20,400</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">23,984</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">10,012</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">11,727</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: whitesmoke 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Income (expenses) </FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: whitesmoke 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: whitesmoke 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Selling expenses</FONT></TD>
    <TD STYLE="border-bottom: whitesmoke 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">5</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(2,376)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(2,601)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,286)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,268)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: whitesmoke 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">General and administrative expenses</FONT></TD>
    <TD STYLE="border-bottom: whitesmoke 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">5</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(908)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(996)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(464)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(549)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: whitesmoke 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Exploration costs</FONT></TD>
    <TD STYLE="border-bottom: whitesmoke 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">20</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(498)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(309)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(185)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(174)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: whitesmoke 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Research and development expenses</FONT></TD>
    <TD STYLE="border-bottom: whitesmoke 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(395)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(376)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(193)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(193)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: whitesmoke 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Other taxes</FONT></TD>
    <TD STYLE="border-bottom: whitesmoke 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(250)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,088)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(127)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(948)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: whitesmoke 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Impairment (losses) reversals, net</FONT></TD>
    <TD STYLE="border-bottom: whitesmoke 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">19</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(240)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">46</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(190)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">37</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Other income and expenses, net</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">6</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(3,108)</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(2,971)</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(2,218)</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,927)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(7,775)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(8,295)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(4,663)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(5,022)</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Income before net finance income (expense), results of equity-accounted investments and income taxes</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">12,625</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">15,689</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">5,349</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">6,705</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Finance income</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">642</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,029</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">345</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">477</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Finance expenses</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(2,048)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(4,004)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,065)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(2,932)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Foreign exchange gains (losses) and inflation indexation charges</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">4,169</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(5,833)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,735</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(4,414)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Net finance income (expense)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">7</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,763</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(8,808)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,015</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(6,869)</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Results of equity-accounted investments</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">21</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">129</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(281)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">47</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(188)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Net income (loss) before income taxes</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">15,517</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">6,600</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">6,411</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(352)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Income taxes</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">12</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(4,765)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(2,120)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,654)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">27</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #1F497D 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #1F497D 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #1F497D 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #1F497D 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #1F497D 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #1F497D 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: whitesmoke">
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Net income (loss) for the period</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">10,752</FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">4,480</FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">4,757</FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(325)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Net income (loss) attributable to shareholders of Petrobras</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">10,708</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">4,438</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">4,734</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(344)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Net income attributable to non-controlling interests</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">44</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">42</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">23</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">19</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Basic and diluted earnings (losses) per common and preferred share - in U.S. dollars</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">25</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">0.83</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">0.34</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">0.37</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(0.03)</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="6" STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt; color: #675C53">The notes form an integral part of these unaudited condensed consolidated interim financial statements.</FONT></TD></TR>
  </TABLE>

<!-- Field: Page; Sequence: 5 -->
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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
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<P STYLE="font: 9pt Arial,sans-serif; margin: 0; color: #008542"><A NAME="a_003"></A><B>Unaudited Condensed Consolidated Statements of Comprehensive
Income&#9;</B></P>

<P STYLE="font: 9pt Arial,sans-serif; margin: 0; color: #008542">PETROBRAS</P>

<P STYLE="font: 9pt Arial,sans-serif; margin: 0; color: #008542">Three and six-month periods ended June 30, 2025 and 2024 (Expressed
in millions of US Dollars, unless otherwise indicated)</P>

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 0.5pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 8pt Calibri, Helvetica, Sans-Serif; margin: 0 0 12pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: #F3F3F3">
    <TD STYLE="width: 59%; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="width: 5%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Note</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Jan-Jun/2025</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Jan-Jun/2024</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Apr-Jun/2025</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Apr-Jun/2024</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Net income for the period</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">10,752</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">4,480</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">4,757</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(325)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Items that will not be reclassified to the statement of income:</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Actuarial gains on post-employment defined benefit plans</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">13</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 20pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Recognized in equity</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 20pt">&nbsp;</TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,265</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,265</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,265</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,265</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Items that may be reclassified subsequently to the statement of income:</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Unrealized gains (losses) on cash flow hedge - highly probable future exports</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">26</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 20pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Recognized in equity</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 20pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">8,304</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(8,649)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3,451</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(6,627)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 20pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Reclassified to the statement of income</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,220</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,297</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">498</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">600</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 20pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Deferred income tax</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 20pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(3,238)</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,499</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,343)</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,048</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 20pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 20pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">6,286</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(4,853)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,606</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(3,979)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 20pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Translation adjustments<SUP>&nbsp;(1)</SUP></FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 20pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Recognized in equity</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 20pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">362</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,982)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">281</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,310)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Share of other comprehensive income (loss) in equity-accounted investments</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">21</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 20pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Recognized in equity</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">232</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(159)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">118</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(150)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Other comprehensive income (loss)</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">6,881</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(5,729)</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3,005</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(4,174)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F3F3F3">
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Total comprehensive income</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>17,633</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(1,249)</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>7,762</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(4,499)</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Comprehensive income attributable to shareholders of Petrobras</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">17,543</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,232)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">7,715</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(4,471)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 10pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Comprehensive income attributable to non-controlling interests</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 10pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">90</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(17)</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">46</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(28)</FONT></TD></TR>
  <TR>
    <TD COLSPAN="6" STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt; color: #675C53">(1) It includes foreign exchange differences from associates and joint ventures.</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="6" STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt; color: #675C53">The notes form an integral part of these unaudited condensed consolidated interim financial statements.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Calibri, Helvetica, Sans-Serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>


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<P STYLE="font: 9pt Arial,sans-serif; margin: 0; color: #008542"><A NAME="a_004"></A><B>Unaudited Condensed Consolidated Statements of Cash Flows&#9;</B></P>

<P STYLE="font: 9pt Arial,sans-serif; margin: 0; color: #008542">PETROBRAS</P>

<P STYLE="font: 9pt Arial,sans-serif; margin: 0; color: #008542">Six-month periods ended June 30, 2025 and 2024 (Expressed in
millions of US Dollars, unless otherwise indicated)</P>

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 0.5pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="background-color: #F6F6F6">
    <TD STYLE="width: 77%; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 5%; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Note</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 9%; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Jan-Jun/2025</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 9%; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Jan-Jun/2024</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Cash flows from operating activities</B></FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Net income for the period</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">10,752</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">4,480</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Adjustments for:</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Pension and medical benefits</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">13</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">847</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,135</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Results of equity-accounted investments</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">21</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(129)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">281</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Depreciation, depletion and amortization</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">28</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">6,944</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">6,500</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Impairment of assets (reversals), net</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">19</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">240</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(46)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Inventory write down (write-back) to net realizable value</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">10</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">7</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(44)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Allowance for credit loss on trade and other receivables, net</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">37</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">48</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Exploratory expenditure write-offs</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">20</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">209</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">105</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Gain on disposal/write-offs of assets</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">6</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(71)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(286)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Foreign exchange, indexation and finance charges&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(3,207)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">8,975</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Income taxes</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">12</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">4,765</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,120</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Revision and unwinding of discount on the provision for decommissioning costs</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">649</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">539</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Results from co-participation agreements in bid areas</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">6</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(50)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(103)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Early termination and cash outflows revision of lease agreements</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">6</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(301)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(146)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Losses with legal, administrative and arbitration proceedings, net</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">6</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">326</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">521</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Equalization of expenses - Production Individualization Agreements</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">17</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">676</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">24</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Decrease (Increase) in assets</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Trade and other receivables</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">122</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,459</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Inventories</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(853)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(355)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Judicial deposits</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(436)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">574</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Other assets</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">185</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(71)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Increase (Decrease) in liabilities </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Trade payables</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(82)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">218</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Other taxes payable</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(401)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,862)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Pension and medical benefits</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(522)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(482)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Provisions for legal proceedings</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(557)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(200)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Other employee benefits</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">116</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(370)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Provision for decommissioning costs</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(425)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(463)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Other liabilities</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(31)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(357)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Income taxes paid</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(2,781)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(4,721)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Net cash provided by operating activities</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>16,029</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>18,473</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Cash flows from investing activities</B></FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Acquisition of PP&amp;E and intangible assets</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(8,046)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(5,772)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Acquisition of equity interests</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(2)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(6)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Proceeds from disposal of assets - Divestment</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">479</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">766</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Financial compensation from co-participation agreements</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">355</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">397</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Divestment (Investment) in marketable securities</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,861</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(805)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Dividends received </FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">25</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">64</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Net cash used in investing activities</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(4,328)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(5,356)</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Cash flows from financing activities</B></FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Changes in non-controlling interest</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">157</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">125</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt">
    <P STYLE="font: 8pt Arial,sans-serif; margin: 0 0 0 10pt; text-indent: 0.4pt; color: #675C53">Proceeds from finance debt</P>
    <P STYLE="font: 8pt Arial,sans-serif; margin: 0 0 0 10pt; text-indent: 0.4pt; color: #675C53">&nbsp;</P></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">23</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3,072</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">567</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Repayment of principal - finance debt</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">23</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,547)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(2,318)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Repayment of interest - finance debt</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">23</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(856)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(995)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Repayment of lease liability</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">24</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(4,368)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(3,883)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Dividends paid to Shareholders of Petrobras</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">25</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(4,588)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(10,578)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Share repurchase program</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(380)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Dividends paid to non-controlling interests</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(31)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(77)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Net cash used in financing activities</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; background-color: white; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(8,161)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; background-color: white; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(17,539)</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Effect of exchange rate changes on cash and cash equivalents</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #006298 1pt solid; background-color: white; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">185</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; background-color: white; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(421)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Net change in cash and cash equivalents</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>3,725</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(4,843)</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #008542 1.5pt outset; background-color: #F6F6F6; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Cash and cash equivalents at the beginning of the period</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; background-color: #F6F6F6; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; background-color: #F2F2F2; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>3,271</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; background-color: #F2F2F2; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>12,727</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-bottom: #008542 1.5pt outset; background-color: #F6F6F6; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Cash and cash equivalents at the end of the period</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; background-color: #F6F6F6; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; background-color: #F2F2F2; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>6,996</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; background-color: #F2F2F2; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>7,884</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="4" STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt; color: #675C53">The notes form an integral part of these unaudited condensed consolidated interim financial statements.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>


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<P STYLE="font: 9pt Arial,sans-serif; margin: 0; color: #008542"><A NAME="a_005"></A><B>Unaudited Condensed Consolidated Statements of Changes in
Shareholders&rsquo; Equity&#9;</B></P>

<P STYLE="font: 9pt Arial,sans-serif; margin: 0; color: #008542">PETROBRAS</P>

<P STYLE="font: 9pt Arial,sans-serif; margin: 0; color: #008542">Six-month periods ended June 30, 2025 and 2024 <I>(</I>Expressed
in millions of US Dollars, unless otherwise indicated<I>)</I></P>

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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; background-color: whitesmoke; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="background-color: whitesmoke; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt; color: #006298"><B>Share capital (net of share issuance costs)</B></FONT></TD>
    <TD STYLE="background-color: whitesmoke; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD COLSPAN="4" STYLE="background-color: whitesmoke; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt; color: #006298"><B>Accumulated other comprehensive income (deficit) and deemed cost</B></FONT></TD>
    <TD STYLE="background-color: #F3F3F3; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt; color: #F3F3F3"><B>Profit Reserves</B></FONT></TD>
    <TD STYLE="background-color: whitesmoke; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="background-color: whitesmoke; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="background-color: whitesmoke; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="background-color: whitesmoke; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: whitesmoke">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; width: 30%; border-right: #F3F3F3 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; width: 6%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #006298"><B>Share Capital</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; width: 6%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #006298"><B>Share issuance costs</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; width: 6%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #006298"><B>Capital reserve, Capital Transactions and Treasury shares</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; width: 6%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #006298"><B>Cumulative translation adjustments</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; width: 6%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #006298"><B>Cash flow hedge - highly probable future exports</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; width: 6%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #006298"><B>Actuarial gains (losses) on defined benefit pension plans</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; width: 6%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #006298"><B>&nbsp;Other comprehensive income (loss) and deemed cost</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; width: 5%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #006298"><B>Profit Reserves</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; width: 5%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #006298"><B>Retained earnings (losses)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; width: 6%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #006298"><B>Equity attributable to shareholders of Petrobras</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; width: 6%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #006298"><B>Non-controlling interests</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; width: 6%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #006298"><B>Total consolidated equity</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #008542"><B>Balance at December 31, 2023</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>107,380</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>(279)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>410</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>(73,004)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>(12,020)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>(15,879)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>(666)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>72,641</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>&#8722;</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>78,583</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>392</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>78,975</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>107,101</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>410</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>(101,569)</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>72,641</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>&#8722;</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>78,583</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>392</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>78,975</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">Treasury shares</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">(381)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">(381)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">(381)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">Capital transactions</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">126</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">126</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">Net income </FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">4,438</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">4,438</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">42</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">4,480</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">Other comprehensive income (loss)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">(1,923)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">(4,853)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">1,265</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">(159)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">(5,670)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">(59)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">(5,729)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">Expired unclaimed dividends</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">8</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">8</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">8</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">Appropriations:</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 10pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">Dividends</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">(7,178)</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">(2,615)</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">(9,793)</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">(38)</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">(9,831)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #008542"><B>Balance at June 30, 2024</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>107,380</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>(279)</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>29</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>(74,927)</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>(16,873)</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>(14,614)</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>(825)</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>65,463</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>1,831</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>67,185</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>463</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>67,648</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>107,101</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>29</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>(107,239)</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>65,463</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>1,831</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>67,185</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>463</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>67,648</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #008542"><B>Balance at December 31, 2024</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>107,380</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>(279)</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>29</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>(75,208)</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>(20,360)</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>(12,975)</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>(927)</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>61,446</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>&#8722;</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>59,106</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>244</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>59,350</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>107,101</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>29</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>(109,470)</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>61,446</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>&#8722;</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>59,106</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>244</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>59,350</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">Cancellation of treasury shares</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">1,116</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">(1,116)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">Capital transactions</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">156</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">156</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">Net income </FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">10,708</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">10,708</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">44</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">10,752</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">Other comprehensive income (loss)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">316</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">6,286</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">1</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">232</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">6,835</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">46</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">6,881</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">Expired unclaimed dividends</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">49</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">49</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">49</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">Appropriations:</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 10pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">Dividends</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">(1,477)</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">(2,063)</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">(3,540)</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">(20)</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">(3,560)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #008542"><B>Balance at June 30, 2025</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>107,380</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>(279)</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>1,145</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>(74,892)</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>(14,074)</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>(12,974)</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>(695)</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>58,853</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>8,694</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>73,158</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>470</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>73,628</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>107,101</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>1,145</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>(102,635)</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>58,853</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>8,694</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>73,158</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>470</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53"><B>73,628</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="13" STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">The notes form an integral part of these unaudited condensed consolidated interim financial statements.</FONT></TD></TR>
  </TABLE>

<!-- Field: Page; Sequence: 8; Options: NewSection; Value: 7 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->7<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; font: 9pt Arial,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS</B></P><P STYLE="text-align: left; font: 9pt Arial; margin: 0; color: #008542">PETROBRAS</P><P STYLE="text-align: left; font: italic 9pt Arial; margin: 0; color: #008542">(Expressed in millions of US Dollars, unless otherwise indicated)&#9;</P><!-- Field: Rule-Page --><DIV STYLE="margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: #008542 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --><P STYLE="font: 9pt Arial; margin: 0; color: #008542">&nbsp;</P></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 13pt"><B><A NAME="a_006"></A>1.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 13pt"><B>Basis of preparation</B></FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 12pt"><B>1.1.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 12pt"><B>Statement of compliance and authorization
of unaudited condensed consolidated interim financial statements </B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">These unaudited condensed consolidated interim
financial statements of Petr&oacute;leo Brasileiro S.A. (&ldquo;Petrobras&rdquo; or &ldquo;Company&rdquo;) have been prepared and presented
in accordance with IAS 34 &ndash; &ldquo;Interim Financial Reporting&rdquo; as issued by the International Accounting Standards Board
(IASB). They present the significant changes in the period, avoiding repetition of certain notes to the annual consolidated financial
statements previously reported. Hence, they should be read together with the Company&rsquo;s audited annual consolidated financial statements
for the year ended December 31, 2024, which include the full set of notes.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">These unaudited condensed consolidated interim
financial statements were approved and authorized for issue by the Company&rsquo;s Board of Directors in a meeting held on August 7, 2025.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 12pt"><B>1.2.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 12pt"><B>New standards and interpretations</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">On January 1, 2025, the rule <I>Lack of exchangeability
&ndash; Amendments to IAS 21</I>, issued by the IASB, came into force and was adopted by the Company, as disclosed in note 6 of the financial
statements of December 31, 2024, which had no material effect on these unaudited condensed consolidated interim financial statements.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 13pt"><B><A NAME="a_007"></A>2.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 13pt"><B>Material accounting policies</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">The accounting policies and methods of computation
followed in these unaudited condensed consolidated interim financial statements are the same as those followed in the preparation of the
annual financial statements of the Company for the year ended December 31, 2024.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 13pt"><A NAME="a_008"></A><B>3.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 13pt"><B>Cash and cash equivalents and
marketable securities</B></FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 12pt"><B>3.1.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 12pt"><B>Cash and cash equivalents</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">They include cash, available bank deposits and
short-term financial investments with high liquidity, which meet the definition of cash equivalents.</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: #F4F4F4">
    <TD STYLE="width: 82%; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>06.30.2025</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>12.31.2024</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: white 2.75pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Cash at bank and in hand</FONT></TD>
    <TD STYLE="border-right: white 2.75pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">255</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">136</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Short-term financial investments</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">- In Brazil</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 20pt; text-indent: 0.75pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Brazilian interbank deposit rate investment funds and repurchase agreements</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,191</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,453</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 20pt; text-indent: 0.75pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Bank Deposit Certificates and other investment funds</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">162</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">186</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 20pt; text-indent: 0.75pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,353</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,639</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">- Abroad</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 20pt; text-indent: 0.75pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Time deposits</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,708</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">728</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 20pt; text-indent: 0.75pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Sweep accounts and interest-bearing accounts</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,660</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">726</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 20pt; text-indent: 0.75pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Other financial investments </FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">20</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">42</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 20pt; text-indent: 0.75pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">4,388</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,496</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Total short-term financial investments </FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">6,741</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3,135</FONT></TD></TR>
  <TR STYLE="background-color: #F4F4F4">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Total cash and cash equivalents</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>6,996</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>3,271</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">Short-term financial investments in Brazil primarily
consist of investments in funds holding Brazilian Federal Government Bonds, repurchase agreements, as well as floating rate Bank Deposit
Certificates with daily liquidity, all of them with maturities of up to three months from the date of their acquisition. Short-term financial
investments abroad mainly comprise time deposits that mature in three months or less from the date of their acquisition, as well as investments
with daily liquidity.</P>


<!-- Field: Page; Sequence: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->8<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; font: 9pt Arial,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS</B></P><P STYLE="text-align: left; font: 9pt Arial; margin: 0; color: #008542">PETROBRAS</P><P STYLE="text-align: left; font: italic 9pt Arial; margin: 0; color: #008542">(Expressed in millions of US Dollars, unless otherwise indicated)&#9;</P><!-- Field: Rule-Page --><DIV STYLE="margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: #008542 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --><P STYLE="font: 9pt Arial; margin: 0; color: #008542">&nbsp;</P></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 12pt"><B>3.2.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 12pt"><B>Marketable securities</B></FONT></TD></TR></TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: #F4F4F4">
    <TD STYLE="width: 82%; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>06.30.2025</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>12.31.2024</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #665C53">Fair value through profit or loss</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #665C53">205</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #665C53">531</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #665C53">Amortized cost - Bank Deposit Certificates and time deposits</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #665C53">2,300</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #665C53">4,269</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #665C53">Amortized cost - Others</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #665C53">51</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #665C53">45</FONT></TD></TR>
  <TR STYLE="background-color: #F4F4F4">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #665C53"><B>2,556</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #665C53"><B>4,845</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #665C53">Current</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #665C53">2,505</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #665C53">4,263</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #665C53">Non-current</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #665C53">51</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #665C53">582</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">Marketable securities classified as fair value
through profit or loss refer mainly to investments in Brazilian Federal Government Bonds (amounts determined by level 1 of the fair value
hierarchy). These financial investments have maturities of more than three months.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">Securities classified as amortized cost refer
to investments in Brazil in floating rate Bank Deposit Certificates with daily liquidity, with initial maturities between one and two
years, and to investments abroad in time deposits with maturities of more than three months from the contracting date</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 13pt"><A NAME="a_009"></A><B>4.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 13pt"><B>Sales revenues</B></FONT></TD></TR></TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: #F4F4F4">
    <TD STYLE="width: 64%; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Jan-Jun/2025</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Jan-Jun/2024</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Apr-Jun/2025</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Apr-Jun/2024</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Diesel</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">12,753</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">14,055</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">6,183</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">6,979</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Gasoline</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">6,037</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">6,278</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3,073</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3,073</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Liquefied petroleum gas</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,617</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,551</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">884</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">793</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Jet fuel</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,132</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,331</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,009</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,147</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Naphtha</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">835</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">910</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">425</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">483</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Fuel oil (including bunker fuel)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">297</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">577</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">132</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">233</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Other oil products</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,901</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,092</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">970</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,073</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Subtotal oil products</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>25,572</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>27,794</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>12,676</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>13,781</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Natural gas</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,858</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,458</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">973</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,136</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Crude oil</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,478</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,278</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,073</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,049</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Renewables and nitrogen products</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">94</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">74</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">41</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">43</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Breakage</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">102</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">261</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">54</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">121</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Electricity</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">287</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">232</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">148</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">104</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Services, agency and others</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">348</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">449</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">182</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">202</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Domestic market</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>30,739</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>33,546</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>15,147</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>16,436</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Exports</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">11,049</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">13,144</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">5,680</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">6,746</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 20pt; text-indent: 0.75pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Crude oil</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">8,262</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">10,074</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">4,452</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">5,163</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 20pt; text-indent: 0.75pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Fuel oil (including bunker fuel)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,277</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,448</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,093</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,126</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 20pt; text-indent: 0.75pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Other oil products and other products</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">510</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">622</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">135</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">457</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Sales abroad <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">322</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">545</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">210</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">285</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Foreign market</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>11,371</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>13,689</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>5,890</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>7,031</B></FONT></TD></TR>
  <TR STYLE="background-color: #F4F4F4">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Sales revenues</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>42,110</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>47,235</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>21,037</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>23,467</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="5" STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt; color: #7F7F7F">(1) Sales revenues from operations outside of Brazil, including trading and excluding exports.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">In the six-month period ended June 30, 2025 and
June 30, 2024, sales to the same two clients of the refining, transportation and marketing (RT&amp;M) segment represented individually
15% and 10% of the Company&rsquo;s sales revenues, respectively.</P>


<!-- Field: Page; Sequence: 10 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->9<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; font: 9pt Arial,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS</B></P><P STYLE="text-align: left; font: 9pt Arial; margin: 0; color: #008542">PETROBRAS</P><P STYLE="text-align: left; font: italic 9pt Arial; margin: 0; color: #008542">(Expressed in millions of US Dollars, unless otherwise indicated)&#9;</P><!-- Field: Rule-Page --><DIV STYLE="margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: #008542 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --><P STYLE="font: 9pt Arial; margin: 0; color: #008542">&nbsp;</P></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: #F4F4F4">
    <TD STYLE="vertical-align: bottom; width: 64%; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Jan-Jun/2025</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Jan-Jun/2024</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Apr-Jun/2025</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Apr-Jun/2024</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Domestic market</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>30,739</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>33,546</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>15,147</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>16,436</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">China</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3,086</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">4,388</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,020</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,907</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Americas (except United States)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,456</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,004</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">783</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">953</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Europe</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,018</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,702</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">971</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,489</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Asia (except China and Singapore)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,314</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">906</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,118</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">423</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">United States</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">977</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,137</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">294</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">662</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Singapore</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,301</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,541</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">629</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">591</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Others</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">219</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">11</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">75</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">6</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Foreign market</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>11,371</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>13,689</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>5,890</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>7,031</B></FONT></TD></TR>
  <TR STYLE="background-color: #F4F4F4">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Sales revenues</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>42,110</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>47,235</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>21,037</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>23,467</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><A NAME="a_010"></A><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 13pt"><B>5.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 13pt"><B>Costs and expenses by nature</B></FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 12pt"><B>5.1.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 12pt"><B>Cost of sales</B></FONT></TD></TR></TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="vertical-align: bottom; width: 64%; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Jan-Jun/2025</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Jan-Jun/2024</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Apr-Jun/2025</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Apr-Jun/2024</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Raw material, products for resale, materials and third-party services <SUP>(1)</SUP></B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(10,350)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(11,298)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(5,251)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(5,369)</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Acquisitions</B></FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(7,131)</B></FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(8,171)</B></FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(3,552)</B></FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(3,863)</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 20pt; text-indent: 0.75pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Crude oil imports</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(3,882)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(4,749)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,766)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(2,543)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 20pt; text-indent: 0.75pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Oil products imports</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(2,775)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(2,661)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,586)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(998)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 20pt; text-indent: 0.75pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Natural gas imports</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(474)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(761)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(200)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(322)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Third-party services and others</B></FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(3,219)</B></FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(3,127)</B></FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(1,699)</B></FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(1,506)</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Depreciation, depletion and amortization</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(5,517)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(5,072)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(3,004)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(2,423)</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Production taxes</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(5,358)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(5,936)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(2,555)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(2,906)</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Employee compensation</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(830)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(1,042)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(431)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(601)</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Inventory turnover</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>345</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>97</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>216</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(441)</B></FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(21,710)</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(23,251)</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(11,025)</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(11,740)</B></FONT></TD></TR>
  <TR>
    <TD COLSPAN="5" STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt; color: #675C53">(1) It Includes short-term leases. </FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 12pt"><B>5.2.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 12pt"><B>Selling expenses</B></FONT></TD></TR></TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="vertical-align: bottom; width: 64%; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Jan-Jun/2025</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Jan-Jun/2024</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Apr-Jun/2025</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Apr-Jun/2024</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Materials, third-party services, freight, rent and other related costs</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,966)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(2,189)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,071)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,069)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Depreciation, depletion and amortization</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(340)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(339)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(171)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(166)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Reversal (allowance) for expected credit losses</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(10)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(8)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(14)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Employee compensation</FONT></TD>
    <TD STYLE="border-bottom: #007A37 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(60)</FONT></TD>
    <TD STYLE="border-bottom: #007A37 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(65)</FONT></TD>
    <TD STYLE="border-bottom: #007A37 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(30)</FONT></TD>
    <TD STYLE="border-bottom: #007A37 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(35)</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(2,376)</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(2,601)</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(1,286)</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(1,268)</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 12pt"><B>5.3.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 12pt"><B>General and administrative expenses</B></FONT></TD></TR></TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="vertical-align: bottom; width: 64%; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 9%; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Jan-Jun/2025</B></FONT></TD>
    <TD STYLE="width: 9%; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Jan-Jun/2024</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Apr-Jun/2025</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Apr-Jun/2024</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Employee compensation </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(531)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(657)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(265)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(365)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Materials, third-party services, rent and other related costs</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(292)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(266)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(153)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(146)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Depreciation, depletion and amortization</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(85)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(73)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(46)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(38)</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(908)</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(996)</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(464)</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(549)</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="5" STYLE="padding-right: 3pt; padding-left: 3pt">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>


<!-- Field: Page; Sequence: 11 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->10<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; font: 9pt Arial,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS</B></P><P STYLE="text-align: left; font: 9pt Arial; margin: 0; color: #008542">PETROBRAS</P><P STYLE="text-align: left; font: italic 9pt Arial; margin: 0; color: #008542">(Expressed in millions of US Dollars, unless otherwise indicated)&#9;</P><!-- Field: Rule-Page --><DIV STYLE="margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: #008542 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --><P STYLE="font: 9pt Arial; margin: 0; color: #008542">&nbsp;</P></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><A NAME="a_011"></A><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 13pt"><B>6.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 13pt"><B>Other income and expenses, net</B></FONT></TD></TR></TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="background-color: #F7F7F7">
    <TD STYLE="width: 64%; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Jan-Jun/2025</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Jan-Jun/2024</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Apr-Jun/2025</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Apr-Jun/2024</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Stoppages for asset maintenance and pre-operating expenses</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,295)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,352)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(660)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(700)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Equalization of expenses - Production Individualization Agreements <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(676)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(24)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(672)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(14)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Pension and medical benefits - retirees <SUP>(2)</SUP></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(639)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,602)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(324)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,293)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Variable compensation programs <SUP>(3)</SUP></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(595)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(490)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(305)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(235)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Losses with legal, administrative and arbitration proceedings</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(326)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(521)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(125)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(240)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Collective bargaining agreement <SUP>(4)</SUP></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(214)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(8)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(214)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(6)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Operating expenses with thermoelectric power plants</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(112)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(119)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(57)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(53)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Institutional relations and cultural projects</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(98)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(71)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(62)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(44)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Gains (losses) with commodities derivatives</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">11</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">24</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">9</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">19</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Results from co-participation agreements in bid areas</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">50</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">103</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(20)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">55</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Results on disposal/write-offs of assets </FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">71</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">286</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">14</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">124</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Ship/take or pay agreements</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">97</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">88</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">68</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">41</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Results of non-core activities</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">224</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">122</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">126</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">83</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Early termination and changes to cash flow estimates of leases</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">301</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">146</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">144</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">77</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Others</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">93</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">447</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(140)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">259</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(3,108)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(2,971)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(2,218)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(1,927)</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="5" STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt; color: #5E5F5E">(1) For more information, see note 17.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="5" STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt; color: #5E5F5E">(2) For more information, see note 13.2.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="5" STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt; color: #5E5F5E">(3) It comprises Profit Sharing (PLR) and Performance award program (PRD), as described in note 13.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="5" STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt; color: #5E5F5E">(4) It includes the remaining portion of the bonus from the Collective Bargaining Agreement (ACT) 2025-2027.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 13pt"><B><A NAME="a_012"></A>7.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 13pt"><B>Net finance income (expense)</B></FONT></TD></TR></TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; width: 64%; background-color: whitesmoke; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="width: 9%; background-color: #F2F2F2; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Jan-Jun/2025</B></FONT></TD>
    <TD STYLE="width: 9%; background-color: #F2F2F2; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Jan-Jun/2024</B></FONT></TD>
    <TD STYLE="width: 9%; background-color: #F2F2F2; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Apr-Jun/2025</B></FONT></TD>
    <TD STYLE="width: 9%; background-color: #F2F2F2; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Apr-Jun/2024</B></FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Finance income</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>642</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>1,029</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>345</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>477</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Income from investments and marketable securities (Government Bonds) </FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">448</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">812</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">225</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">380</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Other finance income</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">194</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">217</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">120</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">97</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Finance expenses</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(2,048)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(4,004)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(1,065)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(2,932)</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Interest on finance debt</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(983)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,073)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(517)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(519)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Unwinding of discount on lease liability</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,275)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,104)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(653)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(557)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Capitalized borrowing costs</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">916</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">759</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">467</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">383</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Unwinding of discount on the provision for decommissioning costs</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(648)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(530)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(329)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(258)</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Tax settlement programs - federal taxes<SUP>&nbsp;(1)</SUP></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,930)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,930)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Other finance expenses</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(58)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(126)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(33)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(51)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Foreign exchange gains (losses) and indexation charges</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>4,169</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(5,833)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>1,735</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(4,414)</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Foreign exchange gains (losses) <SUP>(2)</SUP></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">5,068</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(4,421)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,032</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(3,540)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Real x U.S. dollar</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">5,218</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(4,449)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,141</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(3,536)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Other currencies</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(150)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">28</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(109)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(4)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Reclassification of hedge accounting to the Statement of Income <SUP>(2)</SUP></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,220)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,297)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(498)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(600)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Tax settlement programs - federal taxes<SUP>&nbsp;(1)</SUP></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(220)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(220)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Indexation to the Selic interest rate of anticipated dividends and dividends payable </FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(151)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(388)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(87)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(318)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Recoverable taxes inflation indexation income&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">159</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(96)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">101</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(145)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Other foreign exchange gains and indexation charges, net</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">313</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">589</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">187</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">409</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>2,763</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(8,808)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>1,015</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(6,869)</B></FONT></TD></TR>
  <TR>
    <TD COLSPAN="5" STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt; color: #675C53">(1) For more information, see note 12.</FONT></TD></TR>
  <TR>
    <TD COLSPAN="5" STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt; color: #675C53">(2) For more information, see notes 26.4.1.a and 26.4.1.c.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>


<!-- Field: Page; Sequence: 12 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->11<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; font: 9pt Arial,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS</B></P><P STYLE="text-align: left; font: 9pt Arial; margin: 0; color: #008542">PETROBRAS</P><P STYLE="text-align: left; font: italic 9pt Arial; margin: 0; color: #008542">(Expressed in millions of US Dollars, unless otherwise indicated)&#9;</P><!-- Field: Rule-Page --><DIV STYLE="margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: #008542 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --><P STYLE="font: 9pt Arial; margin: 0; color: #008542">&nbsp;</P></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 13pt"><B><A NAME="a_013"></A>8.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 13pt"><B>
Information by operating segment</B></FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 12pt"><B>8.1.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 12pt"><B>Net income by operating segment</B></FONT></TD></TR></TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="7" STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Jan-Jun/2025</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 41%; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Exploration and Production (E&amp;P)</B></FONT></TD>
    <TD STYLE="width: 13%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Refining, Transportation &amp; Marketing (RT&amp;M)</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Gas and Low Carbon Energies (G&amp;LCE)</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Corporate and other businesses</B></FONT></TD>
    <TD STYLE="width: 10%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Eliminations</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Total</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Sales revenues</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">29,471</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">39,784</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">4,036</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">157</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(31,338)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">42,110</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Intersegments</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">29,355</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">546</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,434</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(31,338)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Third parties</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">116</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">39,238</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,602</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">154</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">42,110</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Cost of sales</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(13,398)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(37,364)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(2,269)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(138)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">31,459</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(21,710)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Gross profit (loss)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">16,073</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,420</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,767</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">19</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">121</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">20,400</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Income (expenses)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(2,584)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,605)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,693)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,893)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(7,775)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Selling expenses</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(955)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,406)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(15)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(2,376)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">General and administrative expenses</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(30)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(183)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(58)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(637)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(908)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Exploration costs</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(498)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(498)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Research and development expenses</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(309)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(4)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(4)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(78)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(395)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Other taxes</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(11)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(27)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(8)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(204)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(250)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Impairment (losses) reversals, net</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(193)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(46)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(240)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Other income and expenses, net</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,543)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(390)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(216)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(959)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(3,108)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Income (loss) before net finance expense, results of equity-accounted investments and income taxes</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">13,489</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">815</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">74</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,874)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">121</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">12,625</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Net finance income</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,763</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,763</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Results of equity-accounted investments</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">56</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">48</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">29</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(4)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">129</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Net income before income taxes</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">13,545</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">863</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">103</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">885</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">121</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">15,517</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Income taxes</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(4,585)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(279)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(25)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">165</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(41)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(4,765)</FONT></TD></TR>
  <TR STYLE="background-color: #F6F6F6">
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Net income for the period</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>8,960</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>584</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>78</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>1,050</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>80</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>10,752</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Attributable to:</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Shareholders of Petrobras</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">8,961</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">584</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">60</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,023</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">80</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">10,708</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Non-controlling interests</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">18</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">27</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">44</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>


<!-- Field: Page; Sequence: 13 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->12<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; font: 9pt Arial,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS</B></P><P STYLE="text-align: left; font: 9pt Arial; margin: 0; color: #008542">PETROBRAS</P><P STYLE="text-align: left; font: italic 9pt Arial; margin: 0; color: #008542">(Expressed in millions of US Dollars, unless otherwise indicated)&#9;</P><!-- Field: Rule-Page --><DIV STYLE="margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: #008542 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --><P STYLE="font: 9pt Arial; margin: 0; color: #008542">&nbsp;</P></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="7" STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Jan-Jun/2024</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 41%; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Exploration and Production (E&amp;P)</B></FONT></TD>
    <TD STYLE="width: 13%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Refining, Transportation &amp; Marketing (RT&amp;M)</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Gas and Low Carbon Energies (G&amp;LCE)</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Corporate and other businesses</B></FONT></TD>
    <TD STYLE="width: 10%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Eliminations</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Total</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Sales revenues</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">31,745</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">44,251</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">4,620</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">158</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(33,539)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">47,235</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Intersegments</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">31,565</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">551</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,419</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">4</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(33,539)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Third parties</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">180</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">43,700</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3,201</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">154</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">47,235</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Cost of sales</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(12,842)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(40,540)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(2,273)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(148)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">32,552</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(23,251)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Gross profit (loss)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">18,903</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3,711</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,347</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">10</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(987)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">23,984</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Income (expenses)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(2,181)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,537)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,756)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(2,821)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(8,295)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Selling expenses</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,089)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,497)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(14)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(2,601)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">General and administrative expenses</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(42)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(176)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(63)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(715)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(996)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Exploration costs</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(309)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(309)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Research and development expenses</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(288)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(2)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(86)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(376)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Other taxes</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(829)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(28)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(9)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(222)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,088)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Impairment (losses) reversals, net</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(4)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">37</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">13</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">46</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Other income and expenses, net</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(708)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(279)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(187)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,797)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(2,971)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Income (loss) before net finance expense, results of equity-accounted investments and income taxes</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">16,722</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,174</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">591</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(2,811)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(987)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">15,689</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Net finance expense</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(8,808)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(8,808)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Results of equity-accounted investments</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">47</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(381)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">57</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(4)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(281)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Net income / (loss) before income taxes</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">16,769</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,793</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">648</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(11,623)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(987)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">6,600</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Income taxes</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(5,687)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(739)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(200)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">4,169</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">337</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(2,120)</FONT></TD></TR>
  <TR STYLE="background-color: #F6F6F6">
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Net income (loss) for the period</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>11,082</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>1,054</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>448</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(7,454)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(650)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>4,480</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Attributable to:</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Shareholders of Petrobras</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">11,083</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,054</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">421</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(7,470)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(650)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">4,438</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Non-controlling interests</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">27</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">16</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">42</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>


<!-- Field: Page; Sequence: 14 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->13<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; font: 9pt Arial,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS</B></P><P STYLE="text-align: left; font: 9pt Arial; margin: 0; color: #008542">PETROBRAS</P><P STYLE="text-align: left; font: italic 9pt Arial; margin: 0; color: #008542">(Expressed in millions of US Dollars, unless otherwise indicated)&#9;</P><!-- Field: Rule-Page --><DIV STYLE="margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: #008542 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --><P STYLE="font: 9pt Arial; margin: 0; color: #008542">&nbsp;</P></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="7" STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Apr-Jun/2025</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 41%; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Exploration and Production (E&amp;P)</B></FONT></TD>
    <TD STYLE="width: 13%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Refining, Transportation &amp; Marketing (RT&amp;M)</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Gas and Low Carbon Energies (G&amp;LCE)</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Corporate and other businesses</B></FONT></TD>
    <TD STYLE="width: 10%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Eliminations</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Total</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Sales revenues</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">14,404</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">19,795</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,176</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">80</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(15,418)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">21,037</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&nbsp;&nbsp;&nbsp;&nbsp;Intersegments</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">14,343</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">256</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">817</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(15,418)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&nbsp;&nbsp;&nbsp;&nbsp;Third parties</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">61</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">19,539</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,359</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">78</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">21,037</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Cost of sales</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(6,601)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(18,586)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,144)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(70)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">15,376</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(11,025)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Gross profit (loss)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">7,803</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,209</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,032</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">10</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(42)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">10,012</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Income (expenses)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,846)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(869)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(914)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,034)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(4,663)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&nbsp;&nbsp;Selling expenses</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(518)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(751)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(17)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,286)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&nbsp;&nbsp;General and administrative expenses</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(26)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(96)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(32)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(310)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(464)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&nbsp;&nbsp;Exploration costs</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(185)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(185)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&nbsp;&nbsp;Research and development expenses</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(147)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(3)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(2)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(41)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(193)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&nbsp;&nbsp;Other taxes</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(7)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(14)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(6)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(100)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(127)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&nbsp;&nbsp;Impairment (losses) reversals, net</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(139)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(50)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(190)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&nbsp;&nbsp;Other income and expenses, net</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,342)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(188)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(122)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(566)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(2,218)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Income (loss) before net finance expense, results of equity-accounted investments and income taxes</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">5,957</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">340</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">118</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,024)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(42)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">5,349</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&nbsp;&nbsp;Net finance expense</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,015</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,015</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&nbsp;&nbsp;Results of equity-accounted investments</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">42</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(7)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">17</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(5)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">47</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Net income / (loss) before income taxes</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">5,999</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">333</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">135</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(14)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(42)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">6,411</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&nbsp;&nbsp;Income taxes</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(2,025)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(116)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(39)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">512</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">14</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,654)</FONT></TD></TR>
  <TR STYLE="background-color: #F6F6F6">
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Net income (loss) for the period</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>3,974</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>217</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>96</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>498</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(28)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>4,757</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Attributable to:</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Shareholders of Petrobras</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3,974</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">217</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">88</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">483</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(28)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">4,734</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Non-controlling interests</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">8</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">15</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">23</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>


<!-- Field: Page; Sequence: 15 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->14<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; font: 9pt Arial,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS</B></P><P STYLE="text-align: left; font: 9pt Arial; margin: 0; color: #008542">PETROBRAS</P><P STYLE="text-align: left; font: italic 9pt Arial; margin: 0; color: #008542">(Expressed in millions of US Dollars, unless otherwise indicated)&#9;</P><!-- Field: Rule-Page --><DIV STYLE="margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: #008542 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --><P STYLE="font: 9pt Arial; margin: 0; color: #008542">&nbsp;</P></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="7" STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Apr-Jun/2024</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 41%; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Exploration and Production (E&amp;P)</B></FONT></TD>
    <TD STYLE="width: 13%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Refining, Transportation &amp; Marketing (RT&amp;M)</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Gas and Low Carbon Energies (G&amp;LCE)</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Corporate and other businesses</B></FONT></TD>
    <TD STYLE="width: 10%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Eliminations</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Total</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Sales revenues</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">15,668</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">22,061</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,198</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">80</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(16,540)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">23,467</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Intersegments</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">15,591</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">248</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">699</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(16,540)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Third parties</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">77</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">21,813</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,499</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">78</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">23,467</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Cost of sales</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(6,228)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(20,557)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,096)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(74)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">16,215</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(11,740)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Gross profit (loss)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">9,440</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,504</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,102</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">6</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(325)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">11,727</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Income (expenses)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,551)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(701)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(867)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,903)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(5,022)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Selling expenses</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(538)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(729)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,268)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">General and administrative expenses</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(22)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(92)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(35)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(400)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(549)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Exploration costs</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(174)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(174)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Research and development expenses</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(149)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(44)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(193)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Other taxes</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(809)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(21)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(4)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(114)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(948)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Impairment (losses) reversals, net</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">37</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">37</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Other income and expenses, net</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(397)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(87)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(99)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,344)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,927)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Income (loss) before net finance expense, results of equity-accounted investments and income taxes</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">7,889</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">803</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">235</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,897)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(325)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">6,705</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Net finance expense</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(6,869)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(6,869)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Results of equity-accounted investments</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">30</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(251)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">36</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(3)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(188)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Net income / (loss) before income taxes</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">7,919</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">552</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">271</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(8,769)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(325)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(352)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Income taxes</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(2,682)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(273)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(80)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,951</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">111</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">27</FONT></TD></TR>
  <TR STYLE="background-color: #F6F6F6">
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Net income (loss) for the period</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>5,237</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>279</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>191</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(5,818)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(214)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(325)</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Attributable to:</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Shareholders of Petrobras</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">5,237</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">279</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">179</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(5,825)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(214)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(344)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Non-controlling interests</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">12</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">7</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">19</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>


<!-- Field: Page; Sequence: 16 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->15<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; font: 9pt Arial,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS</B></P><P STYLE="text-align: left; font: 9pt Arial; margin: 0; color: #008542">PETROBRAS</P><P STYLE="text-align: left; font: italic 9pt Arial; margin: 0; color: #008542">(Expressed in millions of US Dollars, unless otherwise indicated)&#9;</P><!-- Field: Rule-Page --><DIV STYLE="margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: #008542 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --><P STYLE="font: 9pt Arial; margin: 0; color: #008542">&nbsp;</P></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="6" STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Other income and expenses, net by segment</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="6" STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Jan-Jun/2025</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 51%; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 9%; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Exploration and Production (E&amp;P)</B></FONT></TD>
    <TD STYLE="width: 13%; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Refining, Transportation &amp; Marketing (RT&amp;M)</B></FONT></TD>
    <TD STYLE="width: 9%; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Gas and Low Carbon Energies (G&amp;LCE)</B></FONT></TD>
    <TD STYLE="width: 9%; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Corporate and other businesses</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Total</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Stoppages for asset maintenance and pre-operating expenses</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,113)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(127)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(47)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(8)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,295)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Equalization of expenses - Production Individualization Agreements</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(676)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(676)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Pension and medical benefits - retirees</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(639)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(639)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Variable compensation programs</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(271)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(138)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(31)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(155)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(595)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Losses with legal, administrative and arbitration proceedings</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(106)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(67)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(30)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(123)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(326)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Collective bargaining agreement</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(99)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(42)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(10)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(63)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(214)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Results from co-participation agreements in bid areas</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">50</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">50</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Results on disposal/write-offs of assets </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">14</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">16</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">41</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">71</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Results of non-core activities</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">222</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(5)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">6</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">224</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Early termination and changes to cash flow estimates of leases</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">300</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(4)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">4</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">301</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Others</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">136</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(7)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(116)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(22)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(9)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(1,543)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(390)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(216)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(959)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(3,108)</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="6" STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Other income and expenses, net by segment</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="6" STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Jan-Jun/2024</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 51%; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 9%; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Exploration and Production (E&amp;P)</B></FONT></TD>
    <TD STYLE="width: 13%; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Refining, Transportation &amp; Marketing (RT&amp;M)</B></FONT></TD>
    <TD STYLE="width: 9%; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Gas and Low Carbon Energies (G&amp;LCE)</B></FONT></TD>
    <TD STYLE="width: 9%; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Corporate and other businesses</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Total</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Pension and medical benefits - retirees </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,602)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,602)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Stoppages for asset maintenance and pre-operating expenses</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,256)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(53)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(33)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(10)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,352)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Losses with legal, administrative and arbitration proceedings</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(188)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(173)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(36)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(124)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(521)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Variable compensation programs</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(203)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(128)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(26)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(133)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(490)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Equalization of expenses - Production Individualization Agreements</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(24)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(24)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Collective bargaining agreement</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(6)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(8)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Results from co-participation agreements in bid areas </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">103</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">103</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Results of non-core activities</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">120</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(16)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">10</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">8</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">122</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Early termination and changes to cash flow estimates of leases</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">142</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">5</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(2)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">146</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Results on disposal/write-offs of assets </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">237</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">68</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">23</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(42)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">286</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Others </FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">362</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">24</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(126)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">109</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">369</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(708)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(279)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(187)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(1,797)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(2,971)</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="6" STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Other income and expenses, net by segment</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="6" STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Apr-Jun/2025</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 51%; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 9%; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Exploration and Production (E&amp;P)</B></FONT></TD>
    <TD STYLE="width: 13%; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Refining, Transportation &amp; Marketing (RT&amp;M)</B></FONT></TD>
    <TD STYLE="width: 9%; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Gas and Low Carbon Energies (G&amp;LCE)</B></FONT></TD>
    <TD STYLE="width: 9%; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Corporate and other businesses</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Total</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Equalization of expenses - Production Individualization Agreements</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(672)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(672)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Stoppages for asset maintenance and pre-operating expenses</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(600)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(29)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(27)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(4)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(660)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Pension and medical benefits - retirees</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(324)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(324)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Variable compensation programs</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(137)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(74)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(16)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(78)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(305)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Collective bargaining agreement</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(99)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(42)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(10)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(63)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(214)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Gains (losses) with legal, administrative and arbitration proceedings</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">6</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(38)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(28)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(65)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(125)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Results from co-participation agreements in bid areas</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(20)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(20)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Results on disposal/write-offs of assets </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(18)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">14</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">17</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">14</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Results of non-core activities</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">120</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">126</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Early termination and changes to cash flow estimates of leases</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">149</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(3)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(2)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">144</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Others</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(71)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(6)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(55)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(50)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(182)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(1,342)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(188)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(122)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(566)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(2,218)</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>


<!-- Field: Page; Sequence: 17 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->16<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; font: 9pt Arial,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS</B></P><P STYLE="text-align: left; font: 9pt Arial; margin: 0; color: #008542">PETROBRAS</P><P STYLE="text-align: left; font: italic 9pt Arial; margin: 0; color: #008542">(Expressed in millions of US Dollars, unless otherwise indicated)&#9;</P><!-- Field: Rule-Page --><DIV STYLE="margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: #008542 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --><P STYLE="font: 9pt Arial; margin: 0; color: #008542">&nbsp;</P></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="6" STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Other income and expenses, net by segment</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="6" STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Apr-Jun/2024</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 51%; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 9%; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Exploration and Production (E&amp;P)</B></FONT></TD>
    <TD STYLE="width: 13%; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Refining, Transportation &amp; Marketing (RT&amp;M)</B></FONT></TD>
    <TD STYLE="width: 9%; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Gas and Low Carbon Energies (G&amp;LCE)</B></FONT></TD>
    <TD STYLE="width: 9%; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Corporate and other businesses</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Total</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Pension and medical benefits - retirees </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,293)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,293)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Stoppages for asset maintenance and pre-operating expenses</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(649)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(27)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(18)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(6)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(700)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Losses with legal, administrative and arbitration proceedings</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(104)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(77)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(32)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(27)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(240)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Variable compensation programs</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(99)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(60)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(13)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(63)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(235)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Equalization of expenses - Production Individualization Agreements</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(14)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(14)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Collective bargaining agreement</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(6)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(6)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Results from co-participation agreements in bid areas </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">55</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">55</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Early termination and changes to cash flow estimates of leases</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">75</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(3)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">77</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Results of non-core activities</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">64</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">12</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">4</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">83</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Results on disposal/write-offs of assets </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">100</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">43</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">4</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(23)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">124</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Others </FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">175</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">25</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(46)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">68</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">222</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(397)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(87)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(99)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(1,344)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(1,927)</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 6pt; text-align: justify">The amount of depreciation, depletion and amortization
by segment is set forth as follows:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="vertical-align: bottom; width: 46%; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD ROWSPAN="3" STYLE="width: 11%; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Exploration and Production (E&amp;P)</B></FONT></TD>
    <TD ROWSPAN="3" STYLE="width: 11%; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Refining, Transportation &amp; Marketing (RT&amp;M)</B></FONT></TD>
    <TD ROWSPAN="3" STYLE="width: 10%; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Gas and Low Carbon Energies (G&amp;LCE)</B></FONT></TD>
    <TD ROWSPAN="3" STYLE="width: 11%; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Corporate and other businesses</B></FONT></TD>
    <TD ROWSPAN="3" STYLE="width: 11%; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Total</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Jan-Jun/2025</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">5,317</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,288</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">264</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">75</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">6,944</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Jan-Jun/2024</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">4,856</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,285</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">294</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">65</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">6,500</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD ROWSPAN="3" STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Exploration and Production (E&amp;P)</B></FONT></TD>
    <TD ROWSPAN="3" STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Refining, Transportation &amp; Marketing (RT&amp;M)</B></FONT></TD>
    <TD ROWSPAN="3" STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Gas and Low Carbon Energies (G&amp;LCE)</B></FONT></TD>
    <TD ROWSPAN="3" STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Corporate and other businesses</B></FONT></TD>
    <TD ROWSPAN="3" STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Total</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Apr-Jun/2025</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,836</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">691</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">131</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">39</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3,697</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Apr-Jun/2024</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,326</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">637</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">141</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">34</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3,138</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>


<!-- Field: Page; Sequence: 18 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->17<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; font: 9pt Arial,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS</B></P><P STYLE="text-align: left; font: 9pt Arial; margin: 0; color: #008542">PETROBRAS</P><P STYLE="text-align: left; font: italic 9pt Arial; margin: 0; color: #008542">(Expressed in millions of US Dollars, unless otherwise indicated)&#9;</P><!-- Field: Rule-Page --><DIV STYLE="margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: #008542 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --><P STYLE="font: 9pt Arial; margin: 0; color: #008542">&nbsp;</P></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 12pt"><B>8.2.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 12pt"><B>Assets by operating segment</B></FONT></TD></TR></TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: whitesmoke">
    <TD STYLE="width: 46%; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 10%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Exploration and Production (E&amp;P)</B></FONT></TD>
    <TD STYLE="width: 12%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Refining, Transportation &amp; Marketing (RT&amp;M)</B></FONT></TD>
    <TD STYLE="width: 7%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Gas and Low Carbon Energies (G&amp;LCE)</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Corporate and other businesses</B></FONT></TD>
    <TD STYLE="width: 8%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Elimina-tions</B></FONT></TD>
    <TD STYLE="width: 8%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Total</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="7" STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Consolidated assets by operating segment - 06.30.2025</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Current assets</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3,086</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">10,172</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">487</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">15,505</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(4,354)</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">24,896</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Non-current assets</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">149,107</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">21,280</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">5,305</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">14,708</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">190,400</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Long-term receivables</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">8,599</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,643</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">152</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">12,169</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">23,563</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Investments</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">337</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">198</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">176</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">67</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">778</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Property, plant and equipment</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">138,354</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">18,296</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">4,897</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,080</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">163,627</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 20pt; text-indent: 0.75pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Operating assets</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">108,932</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">16,361</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">4,314</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,491</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">131,098</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 20pt; text-indent: 0.75pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Under construction</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">29,422</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,935</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">583</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">589</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">32,529</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Intangible assets</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,817</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">143</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">80</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">392</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,432</FONT></TD></TR>
  <TR STYLE="background-color: whitesmoke">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Total Assets</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>152,193</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>31,452</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>5,792</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>30,213</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(4,354)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>215,296</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="7" STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Consolidated assets by operating segment - 12.31.2024</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Current assets</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,697</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">9,017</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">379</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">13,923</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(4,180)</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">21,836</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Non-current assets</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">122,854</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">18,708</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">4,881</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">13,366</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">159,809</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Long-term receivables</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">7,056</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,217</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">91</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">11,246</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">20,610</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Investments</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">299</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">114</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">182</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">64</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">659</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Property, plant and equipment</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">113,761</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">16,257</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">4,541</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,726</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">136,285</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 20pt; text-indent: 0.75pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Operating assets</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">91,895</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">14,828</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3,936</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,242</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">111,901</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 20pt; text-indent: 0.75pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Under construction</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">21,866</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,429</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">605</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">484</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">24,384</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Intangible assets</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,738</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">120</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">67</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">330</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: top; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,255</FONT></TD></TR>
  <TR STYLE="background-color: whitesmoke">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Total Assets</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>125,551</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>27,725</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>5,260</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>27,289</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(4,180)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>181,645</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 13pt"><B><A NAME="a_014"></A>9.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 13pt"><B>Trade and other receivables</B></FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 12pt"><B>9.1.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 12pt"><B>Trade and other receivables</B></FONT></TD></TR></TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="background-color: #F4F4F4">
    <TD STYLE="width: 82%; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>06.30.2025</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>12.31.2024</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Receivables from contracts with customers </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Third parties </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">4,054</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3,779</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Related parties</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-right: 3pt; padding-left: 20pt; text-indent: 0.75pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Investees (note 27.1)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">157</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">117</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Subtotal</FONT></TD>
    <TD STYLE="background-color: white; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">4,211</FONT></TD>
    <TD STYLE="background-color: white; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3,896</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Other trade&nbsp;&nbsp;receivables </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Third parties </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 20pt; text-indent: 0.75pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Receivables from divestments and Transfer of Rights Agreement</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">996</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,677</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 20pt; text-indent: 0.75pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Lease receivables </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">255</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">298</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 20pt; text-indent: 0.75pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Other receivables</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">592</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">592</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Subtotal</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; background-color: white; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,843</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; background-color: white; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,567</FONT></TD></TR>
  <TR STYLE="background-color: #F4F4F4">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Total trade and other receivables, before ECL</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>6,054</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>6,463</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Expected credit losses (ECL) - Third parties </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,809)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,639)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Expected credit losses (ECL) - Related parties</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(2)</FONT></TD></TR>
  <TR STYLE="background-color: #F4F4F4">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Total trade and other receivables</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>4,244</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>4,822</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Current</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3,385</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3,566</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Non-current</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">859</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,256</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">Trade and other receivables are generally classified
as measured at amortized cost, except for receivables with final prices linked to changes in commodity price after their transfer of control,
which are classified as measured at fair value through profit or loss, amounting to US$&nbsp;500 as of June 30, 2025 (US$ 416 as of December
31, 2024).</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">The balance of receivables from divestment and
Transfer of Rights Agreement is mainly related to the earnout of the S&eacute;pia and Atapu fields, totaling US$&nbsp;209 (US$&nbsp;508
as of December 31, 2024), from the sale of the Roncador field, totaling US$&nbsp;343 (US$&nbsp;353 as of December 31, 2024), and the Potiguar
cluster, totaling US$&nbsp;151 (US$&nbsp;217 as of December 31, 2024).</P>


<!-- Field: Page; Sequence: 19 -->
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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; font: 9pt Arial,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS</B></P><P STYLE="text-align: left; font: 9pt Arial; margin: 0; color: #008542">PETROBRAS</P><P STYLE="text-align: left; font: italic 9pt Arial; margin: 0; color: #008542">(Expressed in millions of US Dollars, unless otherwise indicated)&#9;</P><!-- Field: Rule-Page --><DIV STYLE="margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: #008542 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --><P STYLE="font: 9pt Arial; margin: 0; color: #008542">&nbsp;</P></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 12pt"><B>9.2.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 12pt"><B>Aging of trade and other receivables
&ndash; third parties</B></FONT></TD></TR></TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: #F3F3F3">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>06.30.2025</B></FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>12.31.2024</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F3F3F3">
    <TD STYLE="width: 64%; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Trade and other receivables</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Expected credit losses</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Trade and other receivables</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Expected credit losses</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Current</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3,868</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(88)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">4,513</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(168)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Overdue:</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1-90 days</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">91</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(20)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">213</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(75)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">91-180 days </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">33</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(20)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">63</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(23)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">181-365 days </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">281</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(219)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">30</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(18)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">More than 365 days </FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,624</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,462)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,527</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,355)</FONT></TD></TR>
  <TR STYLE="background-color: #F3F3F3">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>5,897</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(1,809)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>6,346</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(1,639)</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 12pt"><B>9.3.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 12pt"><B>Provision for expected credit
losses &ndash; third parties and related parties</B></FONT></TD></TR></TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: #F4F4F4">
    <TD STYLE="width: 84%; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Changes</B></FONT></TD>
    <TD STYLE="width: 8%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Jan-Jun/2025</B></FONT></TD>
    <TD STYLE="width: 8%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Jan-Jun/2024</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Opening balance</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,641</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,615</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Additions</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">93</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">90</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; background-color: white; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Reversals</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(56)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(44)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Write-offs</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(5)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(9)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Translation adjustment</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">137</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(127)</FONT></TD></TR>
  <TR STYLE="background-color: #F4F4F4">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Closing balance</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>1,810</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>1,525</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Current</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">376</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">293</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Non-current</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,434</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,232</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><A NAME="a_015"></A><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 13pt"><B>10.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 13pt"><B>Inventories</B></FONT></TD></TR></TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: #F4F4F4">
    <TD STYLE="width: 82%; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>06.30.2025</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>12.31.2024</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Crude oil</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3,132</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,645</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Oil products</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,441</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,161</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Intermediate products</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">561</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">424</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Natural gas and Liquefied Natural Gas (LNG)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">127</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">101</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Biofuels</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">28</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">22</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Fertilizers</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Total products</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">6,291</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">5,354</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #1F497D 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Materials, supplies and others</FONT></TD>
    <TD STYLE="border-bottom: #1F497D 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,942</FONT></TD>
    <TD STYLE="border-bottom: #1F497D 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,356</FONT></TD></TR>
  <TR STYLE="background-color: #F4F4F4">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>8,233</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>6,710</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">In the six-month period ended June 30, 2025, the
Company recognized a US$&nbsp;<FONT STYLE="background-color: white">7</FONT> loss within cost of sales, adjusting inventories to net realizable
value (a US$&nbsp;44 reversal of cost of sales in the six-month period ended June 30, 2024), primarily due to changes in international
prices of crude oil and oil products.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">At June 30, 2025, the Company had pledged crude
oil and oil products volumes as collateral for the Term of Financial Commitment (TFC) related to Pension Plans PPSP-R, PPSP-R Pre-70 and
PPSP-NR Pre-70 signed by Petrobras and <I>Funda&ccedil;&atilde;o Petrobras de Seguridade Social</I> &ndash; Petros Foundation in 2008,
in the estimated amount of US$&nbsp;818 (US$&nbsp;761 at December 31, 2024).</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><A NAME="a_016"></A><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 13pt"><B>11.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 13pt"><B>Trade payables</B></FONT></TD></TR></TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 82%; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>06.30.2025</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>12.31.2024</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Third parties in Brazil</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">4,352</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3,657</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Third parties abroad</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,928</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,409</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Related parties</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">19</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">16</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Total </B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>6,299</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>6,082</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>

<!-- Field: Page; Sequence: 20 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->19<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; font: 9pt Arial,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS</B></P><P STYLE="text-align: left; font: 9pt Arial; margin: 0; color: #008542">PETROBRAS</P><P STYLE="text-align: left; font: italic 9pt Arial; margin: 0; color: #008542">(Expressed in millions of US Dollars, unless otherwise indicated)&#9;</P><!-- Field: Rule-Page --><DIV STYLE="margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: #008542 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --><P STYLE="font: 9pt Arial; margin: 0; color: #008542">&nbsp;</P></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify"></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify; color: #008542"><B>Forfaiting</B></P>
<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">The Company has a program to encourage the development
of the oil and gas production chain called &ldquo;<I>Mais Valor&rdquo; </I>(More Value), operated by a partner company on a 100% digital
platform.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">By using this platform, the suppliers who want
to anticipate their receivables may launch a reverse auction, in which the winner is the financial institution which offers the lowest
discount rate. The financial institution becomes the creditor of invoices advanced by the supplier, and Petrobras pays the invoices on
the same date and under the conditions originally agreed with the supplier.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">Invoices are advanced in the &ldquo;<I>Mais Valor</I>&rdquo;
program exclusively at the discretion of the suppliers and do not change the terms, prices and commercial conditions contracted by Petrobras
with such suppliers, as well as it does not add financial charges to the Company, therefore, the classification is maintained as Trade
payables in Statements of Cash Flows (Cash flows from operating activities).</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">As of June 30, 2025, the balance advanced by suppliers,
within the scope of the program, is US$&nbsp;140 (US$&nbsp;134 as of December 31, 2024) and has a payment term from 4 to 92 days and a
weighted average term of 55 days (payment term from 7 to 92 days and a weighted average term of 58 days in 2024), after the contracted
commercial conditions have been met.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><A NAME="a_017"></A><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 13pt"><B>12.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 13pt"><B>Taxes</B></FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 12pt"><B>12.1.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 12pt"><B>Income taxes </B></FONT></TD></TR></TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Current assets</B></FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Current liabilities</B></FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Non-current liabilities</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 40%; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="width: 10%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>06.30.2025</B></FONT></TD>
    <TD STYLE="width: 10%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>12.31.2024</B></FONT></TD>
    <TD STYLE="width: 10%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>06.30.2025</B></FONT></TD>
    <TD STYLE="width: 10%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>12.31.2024</B></FONT></TD>
    <TD STYLE="width: 10%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>06.30.2025</B></FONT></TD>
    <TD STYLE="width: 10%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>12.31.2024</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Taxes in Brazil</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Income taxes <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">634</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">405</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">35</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">698</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">384</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">330</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Income taxes - Tax settlement programs </FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">58</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">49</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">207</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">200</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>634</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>405</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>93</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>747</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>591</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>530</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Taxes abroad <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">6</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">563</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">653</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>635</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>411</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>656</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>1,400</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>591</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>530</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="7" STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt; color: #675C53">(1) It includes uncertain tax treatments (see note 12.1.1). </FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>


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    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->20<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; font: 9pt Arial,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS</B></P><P STYLE="text-align: left; font: 9pt Arial; margin: 0; color: #008542">PETROBRAS</P><P STYLE="text-align: left; font: italic 9pt Arial; margin: 0; color: #008542">(Expressed in millions of US Dollars, unless otherwise indicated)&#9;</P><!-- Field: Rule-Page --><DIV STYLE="margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: #008542 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --><P STYLE="font: 9pt Arial; margin: 0; color: #008542">&nbsp;</P></TD></TR></TABLE></DIV>
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<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify; color: #008542"><B>Reconciliation between statutory
income tax rate and effective income tax rate</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">The following table provides the reconciliation
of Brazilian statutory tax rate to the Company&rsquo;s effective rate on income before income taxes:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 64%; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Jan-Jun/2025</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Jan-Jun/2024</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Apr-Jun/2025</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Apr-Jun/2024</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Net income (loss) before income taxes</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">15,517</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">6,600</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">6,411</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(352)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Nominal income taxes computed based on Brazilian statutory corporate tax rates (34%)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(5,275)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(2,243)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(2,179)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">120</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Adjustments to arrive at the effective tax rate:</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Tax benefits from the deduction of interest on capital distributions</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">465</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">508</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">465</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">508</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Different jurisdictional tax rates for companies abroad</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">464</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">527</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">229</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">240</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Brazilian income taxes on income of companies incorporated outside Brazil <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(111)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(142)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(41)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(92)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Tax incentives</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">95</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">9</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">66</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(22)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Effects of the global minimum tax</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(109)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(56)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Internal transfer prices adjustments for operations between related parties abroad</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(165)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(86)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Tax loss carryforwards (unrecognized tax losses)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">83</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">27</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Enrollment in the tax settlement program</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(155)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(155)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Post-employment benefits</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(208)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(652)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(94)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(531)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Results of equity-accounted investments in Brazil and abroad</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">43</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(132)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">15</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(97)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Non-incidence of income taxes on indexation (Selic interest rate) of undue paid taxes</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">30</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">48</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">17</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">27</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Others</FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">5</FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">29</FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">10</FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Income taxes</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(4,765)</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(2,120)</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(1,654)</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>27</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Deferred income taxes</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(2,341)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,405</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,126)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,070</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Current income taxes</FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(2,424)</FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(3,525)</FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(528)</FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,043)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Effective tax rate of income taxes</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">30.7%</FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">32.1%</FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">25.8%</FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">7.7%</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="5" STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt; color: #675C53">(1) It relates to Brazilian income taxes on earnings of offshore investees, as established by Law No. 12,973/2014.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify; color: #008542"><B>Deferred income taxes - non-current</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">The changes in the deferred income taxes are presented
as follows:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 82%; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Jan-Jun/2025</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Jan-Jun/2024</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Opening balance</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(548)</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(9,945)</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Recognized in the statement of income for the period </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(2,341)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,405</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Recognized in shareholders&rsquo; equity</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(3,238)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,499</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Translation adjustment</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(446)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,066</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Use of tax loss carryforwards</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(43)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Others </FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">19</FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(3)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Closing balance</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(6,597)</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(4,979)</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3" STYLE="padding-right: 3pt; padding-left: 3pt">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">The composition of deferred tax assets and liabilities
is set out in the following table:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 44%; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Nature</B></FONT></TD>
    <TD STYLE="width: 38%; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Realization basis</B></FONT></TD>
    <TD STYLE="width: 9%; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>06.30.2025</B></FONT></TD>
    <TD STYLE="width: 9%; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>12.31.2024</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">PP&amp;E - Exploration and decommissioning costs</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Depreciation, amortization and write-offs of assets</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(6,730)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(6,286)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">PP&amp;E - Impairment</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Amortization, impairment reversals and write-offs of assets</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3,958</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3,462</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">PP&amp;E - Right-of-use assets</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Depreciation, amortization and write-offs of assets</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(12,567)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(8,518)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">PP&amp;E - depreciation methods and capitalized borrowing costs</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Depreciation, amortization and write-offs of assets</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(18,593)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(16,043)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Loans, trade and other receivables / payables and financing</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Payments, receipts and considerations</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,085)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,636</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Leasings</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Appropriation of the considerations</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">13,536</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">10,829</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Provision for decommissioning costs</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Payments and use of provisions</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">10,321</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">9,118</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Provision for legal proceedings </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Payments and use of provisions</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">928</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">818</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Tax loss carryforwards</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Taxable income compensation</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">995</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">976</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Inventories</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Sales, write-downs and losses</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">491</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">424</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Employee Benefits</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Payments and use of provisions</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,354</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,191</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Others</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">795</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">845</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(6,597)</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(548)</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Deferred tax assets</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,005</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">922</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Deferred tax liabilities</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(7,602)</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,470)</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>


<!-- Field: Page; Sequence: 22 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->21<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; font: 9pt Arial,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS</B></P><P STYLE="text-align: left; font: 9pt Arial; margin: 0; color: #008542">PETROBRAS</P><P STYLE="text-align: left; font: italic 9pt Arial; margin: 0; color: #008542">(Expressed in millions of US Dollars, unless otherwise indicated)&#9;</P><!-- Field: Rule-Page --><DIV STYLE="margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: #008542 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --><P STYLE="font: 9pt Arial; margin: 0; color: #008542">&nbsp;</P></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 12pt"><B>12.1.1.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 11pt"><B>Uncertain tax treatments on income
taxes</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">As of June 30, 2025, the Company has US$&nbsp;833<FONT STYLE="color: #A6A6A6">&nbsp;</FONT>(US$&nbsp;767
as of December 31, 2024) of uncertain tax treatments, provisioned in the statement of financial position, mainly related to the deduction
of amounts paid in the basis of calculation of income taxes in Brazil, as well as to the incidence of Corporate Income Tax (CIT) on transactions
abroad, related to judicial and administrative proceedings. In addition, the Company has US$&nbsp;5,673 of uncertain tax treatments (US$&nbsp;5,229
as of December 31, 2024), unprovisioned, in Brazil and abroad, on income taxes related to judicial and administrative proceedings.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">As of June 30, 2025, the Company has other positions
that can be considered as uncertain tax treatments on income taxes amounting to US$&nbsp;5,420 (US$&nbsp;4,274 as of December 31, 2024),
given the possibility of different interpretation by the tax authority. These uncertain tax treatments are supported by technical assessments
and tax risk assessment methodology. Therefore, Petrobras believes that such positions are likely to be accepted by the tax authorities
(including judicial courts).</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">Thus, as of June 30, 2025, the total amount of
uncertain tax treatments amounts to US$&nbsp;11,927 (US$&nbsp;10,270 as of December 31, 2024), for which Petrobras will continue to defend
its position.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 12pt"><B>12.2.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 12pt"><B>Other taxes </B></FONT></TD></TR></TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Current assets</B></FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Non-current assets</B></FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Current liabilities</B></FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Non-current liabilities <SUP>(1)</SUP></B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 34%; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="width: 8%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>06.30.2025</B></FONT></TD>
    <TD STYLE="width: 8%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>12.31.2024</B></FONT></TD>
    <TD STYLE="width: 8%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>06.30.2025</B></FONT></TD>
    <TD STYLE="width: 8%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>12.31.2024</B></FONT></TD>
    <TD STYLE="width: 8%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>06.30.2025</B></FONT></TD>
    <TD STYLE="width: 8%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>12.31.2024</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>06.30.2025</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>12.31.2024</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Taxes in Brazil</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Current / Non-current ICMS (VAT) </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">567</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">461</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">684</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">599</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,209</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">916</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Current / Non-current PIS and COFINS <SUP>(2)</SUP></FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">586</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,043</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,607</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,044</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">413</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">373</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">173</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">134</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Claim to recover PIS and COFINS</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">663</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">590</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Production taxes </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,570</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,509</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">78</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">87</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Withholding income taxes </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">117</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">294</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Others</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">49</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">45</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">390</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">344</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">232</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">169</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">91</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">80</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Total in Brazil</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,202</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,549</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">4,344</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3,577</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3,541</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3,261</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">342</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">301</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Taxes abroad</FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">5</FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">6</FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">38</FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">24</FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">12</FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">23</FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Total </B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>1,207</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>1,555</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>4,382</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>3,601</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>3,553</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>3,284</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>342</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>301</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD COLSPAN="9" STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt; color: #675C53">(1) Other non-current taxes are classified within other non-current liabilities in the statement of financial position.</FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: white">
    <TD COLSPAN="9" STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt; color: #675C53">(2) In January and February 2025, the Company used credits arising from the tax settlement program which the Company enrolled in June 2024, which ended legal disputes over relevant litigation related to the incidence of taxes on remittances abroad, to compensate tax debts.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 12pt"><B>12.3.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 12pt"><B>Enrollment in the tax settlement
program</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">In June 2024, Petrobras enrolled in a tax settlement
program proposed by the Brazilian National Treasury by means of the Transaction Notice PGFN-RFB 6/2024, closing relevant litigation related
to the taxation of remittances abroad, arising from contracts relating to the chartering of vessels and rendering of services, settling
debts under dispute (contingent liabilities) relating to the taxation of CIDE, PIS and COFINS, from 2008 to 2013. This program brought
economic benefits, avoiding costs with judicial guarantees, and included a 65% discount on the debt under dispute in Brazilian reais.
The payment of the tax settlement was completed in the second half of 2024, as disclosed in the consolidated financial statements as of
December 31, 2024, note 17.3.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">The effects of enrollment in this program resulted
in a US$&nbsp;2,085 expense in the second quarter of 2024, net of reimbursements to Petrobras made by partners in E&amp;P consortia of
the amounts corresponding to their respective interests, whose enrollments in this program were approved by June 30, 2024.</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 91%; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Other taxes</FONT></TD>
    <TD STYLE="width: 9%; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">790</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Net finance income (expense)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,149</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Income taxes</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(854)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Total effect on the statement of income</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>2,085</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/115% Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"><A NAME="a_018"></A></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 13pt"><B>13.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 13pt"><B>Employee benefits</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">Employee benefits are all forms of consideration
given by the Company in exchange for service rendered by employees or for the termination of employment. It also includes expenses with
directors and management. Such benefits include salaries, post-employment benefits, termination benefits and other benefits.</P>


<!-- Field: Page; Sequence: 23 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->22<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; font: 9pt Arial,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS</B></P><P STYLE="text-align: left; font: 9pt Arial; margin: 0; color: #008542">PETROBRAS</P><P STYLE="text-align: left; font: italic 9pt Arial; margin: 0; color: #008542">(Expressed in millions of US Dollars, unless otherwise indicated)&#9;</P><!-- Field: Rule-Page --><DIV STYLE="margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: #008542 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --><P STYLE="font: 9pt Arial; margin: 0; color: #008542">&nbsp;</P></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: #F4F4F4">
    <TD STYLE="width: 82%; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>06.30.2025</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>12.31.2024</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Liabilities</B></FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Short-term employee benefits</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,837</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,517</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Termination benefits</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">75</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">72</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Post-employment benefits</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">13,276</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">11,398</FONT></TD></TR>
  <TR STYLE="background-color: #F4F4F4">
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>15,188</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>12,987</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Current</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,739</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,315</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Non-current</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">12,449</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">10,672</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt/115% Arial,sans-serif; margin: 0 0 10pt; color: #548DD4"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/115% Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 12pt"><B>13.1.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 12pt"><B>Short-term employee benefits</B></FONT></TD></TR></TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 82%; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="width: 9%; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>06.30.2025</B></FONT></TD>
    <TD STYLE="width: 9%; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>12.31.2024</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Accrued vacation and 13th salary</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">778</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">519</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Profit sharing </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">339</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">384</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Performance award program</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">315</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">349</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Salaries and related charges and other provisions <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">405</FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">265</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>1,837</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>1,517</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Current</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,801</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,486</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Non-current <SUP>(2)</SUP></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">36</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">31</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3" STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt; color: #675C53">(1) It includes advance payment related to the Collective Bargaining Agreement for the next 2 years (ACT 25/27), recognized as Other income and expenses, net (see note 6).</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3" STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt; color: #675C53">(2) Remaining balance relating to the four-year deferral of the variable compensation program of executive officers and the upper management.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt/115% Arial,sans-serif; margin: 0 0 10pt; color: #548DD4"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/115% Arial,sans-serif; margin: 0 0 12pt; text-align: justify">The Company recognized the following amounts
in the statement of income:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 64%; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Expenses recognized in the statement of income </B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Jan-Jun/2025</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Jan-Jun/2024</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Apr-Jun/2025</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Apr-Jun/2024</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Salaries, accrued vacations and related charges</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,810)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,867)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(950)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(943)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Management fees and charges</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(7)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(7)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(4)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(4)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Variable compensation programs <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(595)</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(490)</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(305)</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(235)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Performance award program <SUP>(2)</SUP></FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(278)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(179)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(144)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(100)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 10pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Profit sharing <SUP>(2)</SUP></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(317)</FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(311)</FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(161)</FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(135)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(2,412)</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(2,364)</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(1,259)</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(1,182)</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="5" STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt; color: #675C53">(1) It includes adjustments to provisions related to previous years.</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="5" STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt; color: #675C53">(2) Amount recognized as other income and expenses - see note 6.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt/115% Arial,sans-serif; margin: 0 0 10pt; color: #548DD4"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/115% Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 12pt"><B>13.1.1.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 11pt"><B>Variable compensation programs</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">The Company recognizes the contribution of employees
to the results achieved through two programs: a) Profit sharing and results sharing; and b) Performance award program.</P>

<P STYLE="font: 10pt/115% Arial,sans-serif; margin: 12pt 0; text-align: justify; color: #008542"><B>Profit Sharing (<I>Participa&ccedil;&otilde;es
nos lucros ou resultados</I> - PLR)</B></P>

<P STYLE="font: 10pt/115% Arial,sans-serif; margin: 0 0 12pt; text-align: justify">In the six-month period ended June 30, 2025,
the Company:</P>
<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 19.85pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif">paid US$&nbsp;403 relating to the profit sharing
(PLR) for 2024, considering the regulation and individual limits according to the remuneration of each employee; and</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 19.85pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif">provisioned US$&nbsp;317 relating to the PLR
for 2025 (US$&nbsp;311 for the same period of 2024), recorded in other income and expenses.</FONT></TD></TR></TABLE>


<P STYLE="font: 10pt/115% Arial,sans-serif; margin: 12pt 0; text-align: justify; color: #008542"><B>Performance award program
(<I>Programa de pr&ecirc;mio por desempenho</I> - PRD)</B></P>

<P STYLE="font: 10pt/115% Arial,sans-serif; margin: 0 0 12pt; text-align: justify">In June 30, 2025, the Company:</P>


<!-- Field: Page; Sequence: 24 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->23<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; font: 9pt Arial,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS</B></P><P STYLE="text-align: left; font: 9pt Arial; margin: 0; color: #008542">PETROBRAS</P><P STYLE="text-align: left; font: italic 9pt Arial; margin: 0; color: #008542">(Expressed in millions of US Dollars, unless otherwise indicated)&#9;</P><!-- Field: Rule-Page --><DIV STYLE="margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: #008542 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --><P STYLE="font: 9pt Arial; margin: 0; color: #008542">&nbsp;</P></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 19.85pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif">paid US$ 362 relating to the performance award program
(PRD) for 2024, since the Company&rsquo;s and individual performance metrics were achieved in that year;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 19.85pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif">provisioned US$ 277 relating to the PRD for 2025
(US$&nbsp;180 for the same period of 2024), recorded in other income and expenses, including variable compensation programs of consolidated
companies.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 12pt"><B>13.2.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 12pt"><B>Employee benefits (post-employment)</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">The Company maintains a health care plan for its
employees in Brazil (active and retiree) and their dependents, and five major post-employment pension plans (collectively referred to
as &ldquo;pension plans&rdquo;).</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">The following table presents the balance of post-employment
benefits:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="background-color: #F4F4F4">
    <TD STYLE="width: 82%; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>06.30.2025</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>12.31.2024</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Liabilities</B></FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Health Care Plan - Sa&uacute;de Petrobras</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">8,863</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">7,499</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Petros Pension Plan - Renegotiated (PPSP-R)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,562</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,289</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Petros Pension Plan - Non-renegotiated (PPSP-NR)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">884</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">779</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Petros Pension Plan - Renegotiated - Pre-70 (PPSP-R Pre 70)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">461</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">395</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Petros Pension Plan - Non-renegotiated - Pre-70 (PPSP-NR Pre 70)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">445</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">379</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Petros 2 Pension Plan (PP-2)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">61</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">57</FONT></TD></TR>
  <TR STYLE="background-color: #F4F4F4">
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>13,276</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>11,398</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Current</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">917</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">808</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Non-current</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">12,359</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">10,590</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 12pt 0; text-align: justify; color: #008542"><B>Health Care Plan</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">The health care plan <I>Sa&uacute;de Petrobras</I>
&ndash; AMS is managed and run by Petrobras Health Association (<I>Associa&ccedil;&atilde;o Petrobras de Sa&uacute;de</I> &ndash; APS),
a nonprofit civil association, and includes prevention and health care programs. The plan offers assistance to all employees, retirees,
pensioners and eligible family members, according to the rules of the plan, and is open to new employees.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">In June 2024, the Company and the unions entered
into an agreement to resume the cost-sharing arrangement previously practiced, with 70% covered by Petrobras and 30% by the beneficiaries,
effective since April 2024 (until March 2024, it was 60% covered by Petrobras and 40% by the beneficiaries).</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">Due to this agreement, the Company carried out
an intermediate remeasurement of the actuarial liabilities of this plan, which resulted in a US$&nbsp;23 increase in actuarial liabilities,
as follows: (i) a US$&nbsp;1,291 expense within other income and expenses, due to the change in the benefit costing; (ii) a US$&nbsp;1,265
gain within other comprehensive income due to the revision of actuarial assumptions, mainly the discount rate applied to actuarial liabilities.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 12pt 0; text-align: justify; color: #008542"><B>Pension plans</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">The Company&rsquo;s post-retirement plans are managed
by Petros Foundation, a nonprofit legal entity governed by private law with administrative and financial autonomy.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">Pension plans in Brazil are regulated by the National
Council for Supplementary Pension (<I>Conselho Nacional de Previd&ecirc;ncia Complementar</I> &ndash; CNPC), which establishes all guidelines
and procedures to be adopted by the plans for their management and relationship with stakeholders.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">Petros Foundation periodically carries out revisions
of the plans and, when applicable, establishes measures aiming at maintaining the financial sustainability of the plans.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">On March 25, 2025, the Deliberative Council of
Petros Foundation approved the financial statements of the pension plans for the year ended December 31, 2024, sponsored by the Company.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">The net obligation with pension plans recorded
by the Company is measured in accordance with the IFRS Accounting Standards requirements, which has a different measurement methodology
to that applicable to pension funds in Brazil, which are regulated by the CNPC.</P>


<!-- Field: Page; Sequence: 25 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->24<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; font: 9pt Arial,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS</B></P><P STYLE="text-align: left; font: 9pt Arial; margin: 0; color: #008542">PETROBRAS</P><P STYLE="text-align: left; font: italic 9pt Arial; margin: 0; color: #008542">(Expressed in millions of US Dollars, unless otherwise indicated)&#9;</P><!-- Field: Rule-Page --><DIV STYLE="margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: #008542 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --><P STYLE="font: 9pt Arial; margin: 0; color: #008542">&nbsp;</P></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">The following table below presents the reconciliation
of the deficit of Petros Plan registered by Petros Foundation as of December 31, 2024 with the net actuarial liability registered by the
Company at the same date:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: #F4F4F4">
    <TD STYLE="width: 81%; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #1F497D"><B>PPSP-R (1)</B></FONT></TD>
    <TD STYLE="width: 10%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #1F497D"><B>PPSP-NR (1)</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F4F4F4">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Deficit registered by Petros</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>259</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>93</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Ordinary and extraordinary future contributions&nbsp;- sponsor</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3,744</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,097</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Contributions related to the TFC - sponsor</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">658</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">442</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Financial assumptions (interest rate and inflation), changes in fair value of plan assets and actuarial valuation method</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,976)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(474)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F4F4F4">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Net actuarial liability recorded by the Company</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>2,684</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>1,158</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3" STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt; color: #675C53">(1) It includes the balance of PPSP-R pre-70 and PPSP-NR pre-70.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">The main difference between these methodologies
is that, in the CNPC criterion, Petros Foundation considers the future cash flows of normal and extraordinary sponsor&rsquo;s contributions,
discounted to present value, while the Company considers these cash flows as they are realized. In addition, Petros Foundation sets the
real interest rate based on profitability expectations and on parameters set by the Superintend&ecirc;ncia Nacional de Previd&ecirc;ncia
Complementar - PREVIC (National Supplementary Pension Authority), while the Company uses a rate that combines the maturity profile of
the obligations with the yield curve of government bonds. Regarding the plan assets, Petros Foundation marks government bonds at market
value or on the curve, while the Company marks all of them at market value.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 12pt"><B>13.2.1.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 11pt"><B>Actuarial liabilities recognized
in the statement of financial position, related to defined benefit plans</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">Net actuarial liabilities represent the obligations
of the Company, net of the fair value of plan assets (when applicable), at present value.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">Changes in the actuarial liabilities related to
pension and health care plans with defined benefit characteristics is presented as follows:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 54%; background-color: white; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 9%; background-color: white; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 9%; background-color: white; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 8%; background-color: white; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 12%; background-color: white; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 8%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>2025</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Pension Plans</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Health Care Plan</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Total</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>PPSP-R <SUP>(1)</SUP></B></FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>PPSP-NR <SUP>(1)</SUP></B></FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Petros 2</B></FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Sa&uacute;de Petrobras-AMS</B></FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Amounts recognized in the Statement of Financial Position</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Balance at December 31, 2024</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>2,684</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>1,158</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>58</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>7,498</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>11,398</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Recognized in the Statement of Income</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>179</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>76</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>3</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>589</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>847</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Current service cost</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">81</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">83</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Net interest</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">177</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">76</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">508</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">764</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Recognized in Equity - other comprehensive income</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>&#8722;</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>&#8722;</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>&#8722;</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>1</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>1</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(Gains)/losses arising from the remeasurement</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Cash effects</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(199)</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(64)</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(6)</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(253)</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(522)</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Contributions paid</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(185)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(56)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(6)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(253)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(500)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Payments related to Term of financial commitment (TFC)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(14)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(8)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(22)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Other changes</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>359</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>159</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>6</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>1,028</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>1,552</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Translation Adjustment</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">359</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">159</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">6</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,028</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,552</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Balance at June 30, 2025</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>3,023</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>1,329</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>61</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>8,863</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>13,276</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="6" STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt; color: #675C53">(1) It includes the balance of PPSP-R pre-70 and PPSP-NR pre-70.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>


<!-- Field: Page; Sequence: 26 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->25<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; font: 9pt Arial,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS</B></P><P STYLE="text-align: left; font: 9pt Arial; margin: 0; color: #008542">PETROBRAS</P><P STYLE="text-align: left; font: italic 9pt Arial; margin: 0; color: #008542">(Expressed in millions of US Dollars, unless otherwise indicated)&#9;</P><!-- Field: Rule-Page --><DIV STYLE="margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: #008542 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --><P STYLE="font: 9pt Arial; margin: 0; color: #008542">&nbsp;</P></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 52%; background-color: white; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 10%; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 10%; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="width: 8%; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="width: 12%; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="width: 8%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>2024</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Pension Plans</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt">
    <P STYLE="font: 8pt Arial,sans-serif; margin: 0; text-align: right; color: #006298"><B>Health</B></P>
    <P STYLE="font: 8pt Arial,sans-serif; margin: 0; text-align: right; color: #006298"><B>Care Plan</B></P></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Total</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>PPSP-R <SUP>(1)</SUP></B></FONT></TD>
    <TD STYLE="border-top: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>PPSP-NR <SUP>(1)</SUP></B></FONT></TD>
    <TD STYLE="border-top: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Petros 2</B></FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt">
    <P STYLE="font: 8pt Arial,sans-serif; margin: 0; text-align: right; color: #006298"><B>Sa&uacute;de</B></P>
    <P STYLE="font: 8pt Arial,sans-serif; margin: 0; text-align: right; color: #006298"><B>Petrobras-AMS</B></P></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Balance at December 31, 2023</B></FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>4,740</B></FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>1,799</B></FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>181</B></FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>9,662</B></FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>16,382</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Recognized in the Statement of Income</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>210</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>80</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>7</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>1,838</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>2,135</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Past service cost</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,291</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,291</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Current service cost</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">4</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">115</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">120</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Net interest</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">206</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">79</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">7</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">432</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">724</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Recognized in Equity - other comprehensive income</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>&#8722;</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>&#8722;</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>&#8722;</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(1,265)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(1,265)</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(Gains)/losses arising from the remeasurement <SUP>(2)</SUP></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,265)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,265)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Cash effects</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(215)</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(66)</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(6)</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(195)</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(482)</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Contributions paid</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(201)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(59)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(6)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(195)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(461)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Payments related to Term of financial commitment (TFC)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(14)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(7)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(21)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Other changes</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(611)</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(233)</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(24)</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(1,282)</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(2,150)</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Translation Adjustment</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(611)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(233)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(24)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,282)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(2,150)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Balance at June 30, 2024</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>4,124</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>1,580</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>158</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>8,758</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>14,620</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="6" STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt; color: #675C53">(1) It includes the balance of PPSP-R pre-70 and PPSP-NR pre-70.</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="6" STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt; color: #675C53">(2) Effects of the intermediate remeasurement on the health care plan, which changed the cost-sharing arrangement.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">The net expense with pension and health care plans
is presented below:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Pension Plans</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Health Care Plan</B></FONT></TD>
    <TD ROWSPAN="2" STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Total</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>PPSP-R <SUP>(1)</SUP></B></FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>PPSP-NR <SUP>(1)</SUP></B></FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Petros 2</B></FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Sa&uacute;de Petrobras</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 50%; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Related to active employees (cost of sales and expenses)</FONT></TD>
    <TD STYLE="width: 10%; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(13)</FONT></TD>
    <TD STYLE="width: 10%; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1)</FONT></TD>
    <TD STYLE="width: 10%; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="width: 10%; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(194)</FONT></TD>
    <TD STYLE="width: 10%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(208)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Related to retirees (other income and expenses)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(166)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(75)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(3)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(395)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(639)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Net costs for Jan-Jun/2025</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(179)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(76)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(3)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(589)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(847)</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Related to active employees (cost of sales and expenses) <SUP>(2)</SUP></FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(19)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(5)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(508)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(533)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Related to retirees (other income and expenses) <SUP>(3)</SUP></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(191)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(75)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(6)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,330)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,602)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Net costs for Jan-Jun/2024</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(210)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(80)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(7)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(1,838)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(2,135)</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="6" STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt; color: #675C53">(1) It includes the balance of PPSP-R pre-70 and PPSP-NR pre-70.</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="6" STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt; color: #675C53">(2) It includes the effects of the intermediate remeasurement on the health care plan, which changed the cost-sharing arrangement, amounting to US$ 291.</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="6" STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt; color: #675C53">(3) It includes the effects of the intermediate remeasurement on the health care plan, which changed the cost-sharing arrangement, amounting to US$ 1,000.</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Pension Plans</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Health Care Plan</B></FONT></TD>
    <TD ROWSPAN="2" STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Total</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>PPSP-R <SUP>(1)</SUP></B></FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>PPSP-NR <SUP>(1)</SUP></B></FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Petros 2</B></FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Sa&uacute;de Petrobras</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Related to active employees (cost of sales and expenses)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(7)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(99)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(106)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Related to retirees (other income and expenses)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(84)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(38)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(2)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(200)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(324)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Net costs for Apr-Jun/2025</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(91)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(38)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(2)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(299)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(430)</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Related to active employees (cost of sales and expenses) <SUP>(2)</SUP></FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(11)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(3)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(395)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(409)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Related to retirees (other income and expenses) <SUP>(3)</SUP></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(92)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(36)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(3)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,162)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,293)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Net costs for Apr-Jun/2024</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(103)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(39)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(3)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(1,557)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(1,702)</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="6" STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt; color: #675C53">(1) It includes the balance of PPSP-R pre-70 and PPSP-NR pre-70.</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="6" STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt; color: #675C53">(2) It includes the effects of the intermediate remeasurement on the health care plan, which changed the cost-sharing arrangement, amounting to US$ 291.</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="6" STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt; color: #675C53">(3) It includes the effects of the intermediate remeasurement on the health care plan, which changed the cost-sharing arrangement, amounting to US$ 1,000.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 12pt"><B>13.2.2.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 11pt"><B>Contributions</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">In the six-month period ended June 30, 2025, the
Company contributed with US$&nbsp;522 (US$&nbsp;482 in the same period of 2024), to the defined benefit plans (reducing the balance of
obligations of these plans, as presented in note 13.2.2), and with US$&nbsp;112 and US$&nbsp;0.9, respectively, to the defined contribution
portions of PP-2 and PP-3 plans<BR>
(US$&nbsp;115&nbsp;for PP-2 and US$ 1 for PP-3&nbsp;in the same period of 2024), which were recognized in the statement of income.</P>


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    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->26<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; font: 9pt Arial,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS</B></P><P STYLE="text-align: left; font: 9pt Arial; margin: 0; color: #008542">PETROBRAS</P><P STYLE="text-align: left; font: italic 9pt Arial; margin: 0; color: #008542">(Expressed in millions of US Dollars, unless otherwise indicated)&#9;</P><!-- Field: Rule-Page --><DIV STYLE="margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: #008542 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --><P STYLE="font: 9pt Arial; margin: 0; color: #008542">&nbsp;</P></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

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<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 13pt"><B><A NAME="a_019"></A>14.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 13pt"><B>Provisions for legal proceedings,
judicial deposits and contingent liabilities</B></FONT></TD></TR></TABLE>

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<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 12pt"><B>14.1.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 12pt"><B>Provisions for legal proceedings</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">The Company recognizes provisions for legal, administrative
and arbitral proceedings, based on the best estimate of the costs, for which it is probable that an outflow of resources embodying economic
benefits will be required and that can be reliably estimated. These proceedings mainly include:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 3.3pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif">Tax claims including: (i) tax notices for alleged
non-compliance with ancillary obligations; (ii) claims relating to benefits previously taken for Brazilian federal tax credits applied
that were subsequently alleged to be disallowable, including disallowance of PIS and COFINS tax credits; and (iii) claims for alleged
non-payment of social security contributions on allowances and bonuses.</FONT></TD></TR></TABLE>

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<TD STYLE="width: 3.3pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif">Labor claims, in particular: (i) several individual
and collective labor claims; (ii) opt-out claims related to a review of the methodology by which the minimum compensation based on an
employee's position and work schedule (<I>Remunera&ccedil;&atilde;o M&iacute;nima por N&iacute;vel e Regime</I> - RMNR) is calculated;
and (iii) actions of outsourced employees.</FONT></TD></TR></TABLE>

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<TD STYLE="width: 3.3pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif">Civil claims, in particular: (i) lawsuits related
to contracts; (ii) lawsuits that discuss matters related to pension plans managed by Petros; and (iii) legal and administrative proceedings
involving fines applied by the ANP - Brazilian Agency of Petroleum, Natural Gas and Biofuels (<I>Ag&ecirc;ncia Nacional de Petr&oacute;leo,
G&aacute;s Natural e Biocombust&iacute;veis</I>), mainly relating to production measurement systems. </FONT></TD></TR></TABLE>

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<TD STYLE="width: 3.3pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif">Environmental claims, specially: (i) fines relating
to an environmental accident in the State of Paran&aacute; in 2000; (ii)&nbsp;fines relating to the Company&rsquo;s offshore operation;
and (iii) public civil action for oil spill in 2004 in Serra do Mar-S&atilde;o Paulo State Park.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">Provisions for legal proceedings are set out as
follows:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: #F4F4F4">
    <TD STYLE="width: 82%; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Non-current liabilities</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>06.30.2025</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>12.31.2024</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Labor claims</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">752</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">636</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Tax claims</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">454</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">400</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Civil claims</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,465</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,605</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Environmental claims</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">219</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">192</FONT></TD></TR>
  <TR STYLE="background-color: #F4F4F4">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>2,890</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>2,833</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: #F4F4F4">
    <TD STYLE="width: 82%; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Jan-Jun/2025</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Jan-Jun/2024</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Opening Balance</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,833</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3,305</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Additions, net of reversals</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">137</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">257</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Use of provision</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(634)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(263)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Revaluation of existing proceedings and interest charges</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">199</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">270</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Others</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(8)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">8</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Translation adjustment</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">363</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(452)</FONT></TD></TR>
  <TR STYLE="background-color: #F4F4F4">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Closing Balance</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>2,890</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>3,125</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">In preparing its unaudited condensed consolidated
interim financial statements for the six-month period ended June 30, 2025, the Company considered all available information concerning
legal proceedings in which the Company is a defendant, in order to estimate the amounts of obligations and probability that outflows of
resources will be required.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 12pt"><B>14.2.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 12pt"><B>Judicial deposits</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">The Company makes deposits in judicial phases,
mainly to suspend the chargeability of the tax debt and to maintain its tax compliance. Judicial deposits are set out in the table below
according to the nature of the corresponding lawsuits:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: #F4F4F4">
    <TD STYLE="width: 82%; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Non-current assets</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>06.30.2025</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>12.31.2024</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Tax </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">9,828</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">8,187</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Labor</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">849</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">777</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Civil</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3,512</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,694</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Environmental and others</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">110</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">90</FONT></TD></TR>
  <TR STYLE="background-color: #F4F4F4">
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>14,299</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>11,748</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>


<!-- Field: Page; Sequence: 28 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->27<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; font: 9pt Arial,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS</B></P><P STYLE="text-align: left; font: 9pt Arial; margin: 0; color: #008542">PETROBRAS</P><P STYLE="text-align: left; font: italic 9pt Arial; margin: 0; color: #008542">(Expressed in millions of US Dollars, unless otherwise indicated)&#9;</P><!-- Field: Rule-Page --><DIV STYLE="margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: #008542 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --><P STYLE="font: 9pt Arial; margin: 0; color: #008542">&nbsp;</P></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: #F4F4F4">
    <TD STYLE="width: 82%; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Jan-Jun/2025</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Jan-Jun/2024</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; background-color: white; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Opening Balance</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">11,748</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">14,746</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Additions</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">438</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; background-color: white; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">670</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Use <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(71)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; background-color: white; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,338)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Accruals and charges</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">552</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; background-color: white; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">298</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Others</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; background-color: white; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">9</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Translation adjustment</FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,632</FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; background-color: white; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,906)</FONT></TD></TR>
  <TR STYLE="background-color: #F4F4F4">
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Closing Balance</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>14,299</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>12,479</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="padding-right: 3pt; padding-left: 3pt; text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt; color: #675C53">(1) In the six-month period ended June 30, 2024, the Company used credits arising from the enrollment to the tax settlement program proposed in the Transaction Notice PGFN-RFB 6/2024, which ended legal disputes over relevant litigation related to the incidence of taxes on remittances abroad.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Calibri, Helvetica, Sans-Serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">The Company maintains a Negotiated Legal Proceeding
(NJP) agreement with the Brazilian National Treasury Attorney General's Office (PGFN), aiming to postpone judicial deposits related to
federal tax lawsuits with values exceeding US$&nbsp;37 (R$&nbsp;200&nbsp;million), which allows judicial discussion without the immediate
disbursement.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">To achieve this, the Company makes production capacity
available as a guarantee from the Tupi, Sapinho&aacute;, and Roncador fields. As the judicial deposits are made, the mentioned capacity
is released for other processes that may be included in the NJP.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">The Company&rsquo;s management understands that
the mentioned NJP provides greater cash predictability and ensures the maintenance of federal tax regularity. As of June 30, 2025, the
balance of production capacity held in guarantee in the NJP is US$ 2,466 (US$ 2,158 as of December 31, 2024).</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 12pt"><B>14.3.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 12pt"><B>Contingent liabilities</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">The estimates of contingent liabilities are indexed
to inflation and updated by applicable interest rates. As of June 30, 2025, estimated contingent liabilities for which the possibility
of loss is classified as possible are set out in the following table:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: #F4F4F4">
    <TD STYLE="width: 82%; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt; color: #006298"><B>Nature</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>06.30.2025</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>12.31.2024</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Tax</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">23,882</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">21,307</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Labor </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,873</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">6,465</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Civil</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">13,810</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">10,910</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Environmental and others</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,506</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,298</FONT></TD></TR>
  <TR STYLE="background-color: #F4F4F4">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>41,071</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>39,980</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">The main contingent liabilities are:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 3.3pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif">Tax matters comprising: (i) income from foreign subsidiaries
and associates not included in the computation of taxable income (IRPJ and CSLL); (ii) disapproval of PIS and COFINS tax compensation
due to credit disallowance; (iii) collection of PIS and COFINS, resulting from the payment of taxes negotiated with the Brazilian Federal
Government, excluding the payment of fines; (iv) incidence of social security contributions on the payment of bonuses; (v) collection
of ICMS involving several states; (vi) withholding income tax (IRRF) on remittances for payments of vessel charters; and (vii) collection
of IRPJ and CSLL on transfer price.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 3.3pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif">Labor matters, comprising several labor claims.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 3.3pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif">Civil matters comprising mainly: (i) <FONT STYLE="color: #222222">lawsuits
related to contracts</FONT>; (ii) administrative and legal proceedings challenging an ANP order requiring Petrobras to pay additional
special participation fees and royalties (production taxes) with respect to several oil fields, including unitization of deposits and
reservoirs; <FONT STYLE="color: #222222">(iii) </FONT>claims that discuss topics related to pension plans managed by Petros; (iv) fines
from regulatory agencies, mainly ANP; and (v) judicial and arbitration proceedings that discuss disposal of assets carried out by Petrobras.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 3.3pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif">Environmental matters comprising indemnities for
damages and fines related to the Company operations.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 12pt"><B>14.3.1.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 11pt"><B>Minimum Compensation Based on
Employee's Position and Work Schedule (<I>Remunera&ccedil;&atilde;o M&iacute;nima por N&iacute;vel e Regime</I> - RMNR)</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">The RMNR consists of a minimum remuneration guaranteed
to employees, based on salary level, work schedule and geographic location. This remuneration policy was created and implemented by Petrobras
in 2007 through collective negotiation with union representatives, and approved at employee meetings, with the formula for calculating
the supplement to this minimum remuneration adopted by the Company later being questioned in court by employees and Unions.</P>


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<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">The Superior Labor Court (TST) established criteria
different from those agreed and reached an understanding partially contrary to the Company, deciding to exclude some portions of the calculation,
which was consolidated in Theme 13 of the TST's Repetitive Appeals. The Brazilian Federal Supreme Court (STF), which accepted the Company's
appeal, recognized in March 2024 that the calculation formula used by the Company is valid and in accordance with what was negotiated
between the parties. In April 2025, the TST, accepting the STF's decision, declared the aforementioned Theme 13 to be obsolete, revoking
it.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">The Company has been adjusting the expectation
of loss in collective actions regarding RMNR from possible to remote and has been adjusting the expectation of loss in individual cases,
according to their procedural progress.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">As there are several legal actions at different
procedural stages, the Company monitors the application of the precedent to the respective processes, whose expectations have been changed
or terminated, according to their progress in Court. In the second quarter of 2025, there was a final decision in favor of the Company,
relating to the claim of the Norte Fluminense Union, which reduced this contingent liability, in the amount of US$ 5,420 (R$ 29,576 million).</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">As of June 30, 2025, the balance of provisions
for legal proceedings regarding RMNR amounts to US$&nbsp;91 (US$ 88 as of December 31, 2024), while the contingent liabilities amount
to US$ 179 (US$ 4,934 as of December 31, 2024).</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 12pt"><B>14.4.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 12pt"><B>Class action and related proceedings</B></FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 12pt"><B>14.4.1.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 11pt"><B>Class action in the Netherlands</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">On January 23, 2017, Stichting Petrobras Compensation
Foundation (&quot;Foundation&quot;) filed a class action in the Netherlands, at the District Court of Rotterdam, against Petr&oacute;leo
Brasileiro S.A. &ndash; Petrobras, Petrobras International Braspetro B.V. (PIB BV), Petrobras Global Finance B.V. (PGF), Petrobras Oil
&amp; Gas B.V. (PO&amp;G) and some former Petrobras managers. The Foundation alleges that it represents the interests of an unidentified
group of investors and asserts that, based on the facts revealed by the Lava-Jato Operation, the defendants acted illegally before the
investors. On May 26, 2021, the District Court of Rotterdam decided that the class action should proceed and that the arbitration clause
of Petrobras' bylaws does not prevent the Company's shareholders from having access to the Dutch Judiciary and have their interests represented
by the &ldquo;Foundation&rdquo;. However, the interests of investors who have already started arbitration against Petrobras or who are
parties to legal proceedings in which the applicability of the arbitration clause has been definitively recognized are excluded from the
scope of the action.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">On July 26, 2023, the Court issued an intermediary
decision on the merits which provided the following understanding: (i) the requests made against PIB BV, PO&amp;G and certain former members
of the Company&rsquo;s management were rejected; (ii) the Court declared that Petrobras and the PGF acted illegally in relation to their
investors, although the Court expressed it does not consider itself sufficiently informed about relevant aspects of Brazilian, Argentine
and Luxembourger laws to definitively decide on the merits of the action; and iii) the alleged rights under Spanish legislation are prescribed.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">Regarding the aspects of Brazilian, Argentine and
Luxembourger laws considered relevant to the sentence, the Court ordered the production of technical evidence by Brazilian and Argentine
experts and by Luxembourger authorities.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">On October 30, 2024, after the parties' comments
on the technical evidence, the District Court of Rotterdam issued a ruling, in which it broadly accepted Petrobras' arguments regarding
the requests presented in favor of the Company's shareholders and considered that: i) in accordance with Brazilian legislation, all damages
alleged by the Foundation qualify as indirect and are not subject to compensation; and ii) according to Argentine law, shareholders cannot,
in principle, request compensation from the Company for damages alleged by the Foundation, and the Foundation has not demonstrated that
it represents a sufficient number of investors who could, in theory, present such a request.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">Therefore, the District Court of Rotterdam rejected
the Foundation's allegations in accordance with Brazilian and Argentine law, which resulted in the rejection of all requests made in favor
of shareholders. With respect to certain bondholders, the Court considered that Petrobras and PGF acted illegally under Luxembourg law,
while PGF acted illegally under Dutch law.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">Furthermore, the District Court of Rotterdam confirmed
the following issues of the decision released to the market on July 26, 2023: (i)&nbsp;rejection of the allegations against PIBBV, POG
BV and the former CEOs of Petrobras, Maria das Gra&ccedil;as Silva Foster and Jos&eacute; S&eacute;rgio Gabrielli de Azevedo; and (ii)
prescription of requests formulated in accordance with Spanish legislation.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">The Foundation and PGF have appealed against the
ruling and previous interim decisions. Petrobras will still be able to present its own appeal, within the deadline for responding to the
Foundation's appeal.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">In relation to bondholders, the Foundation cannot
claim compensation under the class action, which will depend not only on a final result favorable to the interests of the investors in
the class action, but also on the filing of subsequent actions by or on behalf of the investors by the Foundation itself, an opportunity
in which Petrobras and PGF will be able to offer all the defenses already presented in the class action and others that it deems appropriate,
including in relation to the occurrence and quantification of any damages that must be proven by the potential beneficiaries of the decision
or by the Foundation. Any compensation for the alleged damages will only be determined by court decisions in subsequent actions.</P>
<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify"></P>


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<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">This class action involves complex issues and the
outcome is subject to substantial uncertainties, which depend on factors such as: the scope of the arbitration clause of the Petrobras
Bylaws, the jurisdiction of the Dutch court, the scope of the agreement that ended the Class Action in the United States, the Foundation's
legitimacy to represent the interests of investors, the several laws applicable to the case, the information obtained from the production
phase of evidence, the expert analyses, the timetable to be defined by the Hague Court of Appeal and the judicial decisions on key issues
of the process, possible appeals, including before the Dutch Supreme Court, as well as the fact that the Foundation seeks only a declaratory
decision in this class action.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">The Company, based on the assessments of its advisors,
considers that there are not enough indicative elements to qualify the universe of potential beneficiaries of a possible final decision
unfavorable to Petrobras' interests, nor to quantify the supposedly compensable damages.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">Thus, it is currently not possible to predict whether
the Company will be liable for the effective payment of damages in any future individual claims, as this analysis will depend on the outcome
of these complex procedures. In addition, it is not possible to know which investors will be able to bring subsequent individual actions
related to this matter against Petrobras.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">Furthermore, the claims formulated are broad, cover
a multi-year period and involve a wide variety of activities and, in the current scenario, the impacts of such claims are highly uncertain.
The uncertainties inherent in all of these issues affect the duration of final resolution of this action. As a result, Petrobras is unable
to estimate an eventual loss resulting from this action. However, Petrobras continues to reject the Foundation's allegations, in relation
to which it was considered a victim by all Brazilian authorities, including the STF.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">Petrobras and its subsidiaries reject the allegations
made by the Foundation and will continue to defend themselves vigorously.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 12pt"><B>14.4.2.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 11pt"><B>Arbitration and other legal proceedings
in Argentina</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">In relation to the arbitration in Argentina, the
Argentine Supreme Court denied the appeal, but the Consumidores Damnificados Asociaci&oacute;n Civil para su Defensa (formerly Consumidores
Financieros Asociaci&oacute;n Civil, &quot;Association&quot;) filed a new appeal to the Argentine Supreme Court, which was also denied,
thus the arbitration was sent to the Arbitration Court. This arbitration discusses Petrobras' liability for an alleged loss of market
value of Petrobras' shares in Argentina, as a result of the so-called Lava Jato Operation. The Company does not have elements that allow
it to provide a reliable estimate of the potential loss in this arbitration.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">In parallel to such arbitration, the Association
also initiated a collective action before the Civil and Commercial Court of Buenos Aires, in Argentina, with Petrobras appearing spontaneously
on April 10, 2023, within the scope of which it alleges Petrobras' responsibility for an alleged loss of the market value of Petrobras'
securities in Argentina, as a result of allegations made within the scope of Lava Jato Operation and their impact on the Company's financial
statements prior to 2015. Petrobras presented its defense on August 30, 2023. Petrobras denies the allegations presented by the Association
and will defend itself against the accusations made by the author of the class action. The Company does not have elements that allow it
to provide a reliable estimate of the potential loss in this arbitration.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">Regarding criminal proceeding in Argentina related
to an alleged fraudulent offer of securities, aggravated by the fact that Petrobras allegedly declared false data in its financial statements
prior to 2015, the Court of Appeals revoked, on October 21, 2021, the lower court decision that had recognized Petrobras' immunity from
jurisdiction and recommended that the lower court judge take steps to certify whether the Company could be considered criminally immune
in Argentina for further reassessment of the issue. After carrying out the steps determined by the Court of Appeals, on May 30, 2023,
the lower court denied the recognition of immunity from jurisdiction to Petrobras. Petrobras filed an appeal against this decision, which
was recognized by the Court of Appeals on April 18, 2024. Against this decision, the Association filed a new appeal, and on December 20,
2024, the Court of Cassation reformed the decision of the Court of Appeals to deny Petrobras' immunity from jurisdiction, which, in turn,
appealed to the Supreme Court to reinstate the Court of Appeals decision. On December 27, 2024, before the decision of the Court of Cassation
became final, the court of first instance ordered to sue Petrobras and a precautionary injunction, which was appealed to the Court of
Appeals that revoked the processing decision and the precautionary embargo on April 3, 2025. In another procedural aspect, on September
15, 2022, the Court of Cassation recognized the Association the right to represent financial consumers. The Company's appeal against this
decision was rejected on February 21, 2025. Petrobras presented other procedural defenses, which may be re-discussed in later stages of
the process. This criminal action is being processed before the Economic Criminal Court No. 2 of the city of Buenos Aires.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">As for the other criminal action for alleged non-compliance
with the obligation to publish a &ldquo;press release&rdquo; in the Argentine market about the existence of a class action filed by <I>Consumidores
Damnificados Asociaci&oacute;n Civil</I> before the Commercial Court, on March 25, 2025, the 1st instance of the Argentine Court closed
the action because it considered that there was no relevant fact that should be reported under local legislation. As there was no appeal,
the decision became final.</P>


<!-- Field: Page; Sequence: 31 -->
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    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 12pt"><B>14.4.3.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 11pt"><B>Lawsuit in United States regarding
Sete Brasil Participa&ccedil;&otilde;es S.A (&ldquo;Sete&rdquo;)</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">The EIG Energy Fund XIV, L.P. and affiliates (&ldquo;EIG&rdquo;)
filed a lawsuit against Petrobras, before the District Court of Columbia, United States, to recover alleged losses related to its investment
in Sete Brasil Participa&ccedil;&otilde;es S.A. On August 8, 2022, the judge upheld EIG's claim as to Petrobras' responsibility for the
alleged losses (which was recorded in 2022 as provisions for legal proceedings) but denied the motion for summary judgment with respect
to damages, whereby the award of compensation became subject to the proof of damages by EIG at a hearing and to the consideration of the
defenses by the Company. In the same decision, whose effects were recognized in the Company's financial statements in 2022, the judge
denied the request to dismiss the case based on Petrobras' immunity from jurisdiction, when an appeal was filed with the Federal Court
of Appeals for the District of Columbia, which was denied in June 2024. Petrobras then submitted a request to review the issue, which
was rejected on July 24, 2024. As a result, the process, which had been suspended by the lower court judge on October 26, 2022 due to
the filing of the appeal by Petrobras, resumed its course.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">On August 26, 2022, on another procedural front
initiated by the EIG, the District Court of Amsterdam granted a precautionary measure to block certain Petrobras assets in the Netherlands.
This granting was based on the decision of the District Court of Columbia, on August 8, 2022, and was intended to ensure the satisfaction
of EIG's claims contained in the aforementioned US lawsuit.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">On March 7, 2025, Petrobras and EIG entered into
an agreement to end litigation between the parties. Under the terms of this agreement, Petrobras paid EIG the amount of US$ 283, while
EIG requested the termination of the lawsuit pending in the District Court of Columbia and the cancellation of the precautionary measure
blocking the Company's assets in the Netherlands, as well as waived any rights related to the dispute. Therefore, there is no further
legal dispute between the parties regarding this matter.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">This agreement does not constitute admission of
guilt or wrongdoing by Petrobras and meets the best interests of the Company and its shareholders, considering the US legislation applicable
to the trial of the case, as well as the procedural stage and characteristics of litigations in the Federal Courts of the United States.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 12pt"><B>14.4.4.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 11pt"><B>Arbitrations proposed by non-controlling
shareholders in Brazil</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">There were no relevant changes in the six-month
period ended June 30, 2025.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">For more information, see explanatory note 19.5
to the financial statements for the year ended December 31, 2024.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><A NAME="a_020"></A><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 13pt"><B>15.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 13pt"><B>Provision for decommissioning
costs</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">The following table details the amount of the provision
for decommissioning costs by producing area:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 84%; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="width: 8%; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>06.30.2025</B></FONT></TD>
    <TD STYLE="width: 8%; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>12.31.2024</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Onshore</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">559</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">493</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Shallow waters</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">8,382</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">7,266</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Deep and ultra-deep post-salt</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">13,458</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">12,071</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Pre-salt</FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">7,337</FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">6,373</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>29,736</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>26,203</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Current</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,514</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,696</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Non-current</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">27,222</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">24,507</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">Changes in the provision for decommissioning costs
are presented as follows:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 84%; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Non-current liabilities</B></FONT></TD>
    <TD STYLE="width: 8%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Jan-Jun/2025</B></FONT></TD>
    <TD STYLE="width: 8%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Jan-Jun/2024</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Opening balance</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">26,202</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">23,202</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Adjustment to provision</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">8</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">74</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Transfers related to liabilities held for sale <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">100</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(332)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Use of provisions</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(721)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(694)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Interest accrued</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">629</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">516</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Others</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(12)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">15</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Translation adjustment</FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3,530</FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(2,967)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Closing balance</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>29,736</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>19,814</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; font: 9pt Arial,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS</B></P><P STYLE="text-align: left; font: 9pt Arial; margin: 0; color: #008542">PETROBRAS</P><P STYLE="text-align: left; font: italic 9pt Arial; margin: 0; color: #008542">(Expressed in millions of US Dollars, unless otherwise indicated)&#9;</P><!-- Field: Rule-Page --><DIV STYLE="margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: #008542 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --><P STYLE="font: 9pt Arial; margin: 0; color: #008542">&nbsp;</P></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 13pt"><B><A NAME="a_021"></A>16.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 13pt"><B>Other assets and liabilities</B></FONT></TD></TR></TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 3pt; padding-left: 3pt; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F4F4F4">
    <TD STYLE="width: 77%; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Assets</B></FONT></TD>
    <TD STYLE="width: 5%; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="width: 9%; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>06.30.2025</B></FONT></TD>
    <TD STYLE="width: 9%; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>12.31.2024</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Escrow account and/ or collateral</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">691</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">750</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Advances to suppliers</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,615</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,207</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Prepaid expenses</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">403</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">351</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Derivatives transactions </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">73</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">29</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Assets related to E&amp;P partnerships</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">146</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">378</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Others</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">453</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">336</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F4F4F4">
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #595959"><B>4,381</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #595959"><B>4,051</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Current</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,414</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,550</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Non-Current</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,967</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,501</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 3pt; padding-left: 3pt; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F4F4F4">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Liabilities</B></FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>06.30.2025</B></FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>12.31.2024</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Obligations arising from divestments</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">904</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">914</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Contractual retentions</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">825</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">611</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Advances from customers</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">285</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">270</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Provisions for environmental expenses, research and development and fines</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">888</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">681</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Other taxes (note 12.2)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">342</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">301</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Unclaimed dividends</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">280</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">276</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Derivatives transactions </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">94</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">129</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Obligations arising from acquisition of equity interests</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">152</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">130</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Various creditors</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">94</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">99</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Others </FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">475</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">414</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F4F4F4">
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #595959"><B>4,339</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #595959"><B>3,825</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Current</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,577</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,205</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Non-Current</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,762</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,620</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 3pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Calibri, Helvetica, Sans-Serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 13pt"><B><A NAME="a_022"></A>17.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 13pt"><B>Property, plant and equipment</B></FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 12pt"><B>17.1.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 12pt"><B>By class of assets</B></FONT></TD></TR></TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; width: 40%; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; width: 10%; padding-right: 3pt; padding-left: 3pt">
    <P STYLE="font: 8pt Arial,sans-serif; margin: 0; text-align: right; color: #006298"><B>Land, buildings </B></P>
    <P STYLE="font: 8pt Arial,sans-serif; margin: 0; text-align: right; color: #006298"><B>and </B></P>
    <P STYLE="font: 8pt Arial,sans-serif; margin: 0; text-align: right; color: #006298"><B>improvement</B></P></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; width: 12%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Equipment and other assets <SUP>(1)</SUP></B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; width: 10%; padding-right: 3pt; padding-left: 3pt">
    <P STYLE="font: 8pt Arial,sans-serif; margin: 0; text-align: right; color: #006298"><B>Assets under </B></P>
    <P STYLE="font: 8pt Arial,sans-serif; margin: 0; text-align: right; color: #006298"><B>construction <SUP>(2)</SUP></B></P></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; width: 10%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Exploration and development costs&nbsp;<SUP>(3)</SUP></B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Right-of-use assets</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Total</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Balance at December 31, 2024</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>2,485</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>45,807</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>24,384</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>35,921</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>27,688</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>136,285</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Cost </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3,895</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">96,963</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">30,321</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">67,357</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">42,366</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">240,902</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 10pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Accumulated depreciation and impairment <SUP>(4)</SUP></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,410)</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(51,156)</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(5,937)</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(31,436)</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(14,678)</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(104,617)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Additions</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">21</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">7,472</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">74</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">8,367</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">15,934</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Decommissioning costs - Additions to / review of estimates</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">6</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">6</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Capitalized borrowing costs</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">911</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">911</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Write-offs</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(27)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(290)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(4)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(14)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(336)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Transfers <SUP>(5)</SUP></FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">103</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,489</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(3,438)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,466</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">620</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Transfers to assets held for sale</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Depreciation, amortization and depletion</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(49)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(2,641)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(2,157)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(3,498)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(8,345)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Impairment recognition (note 19)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(3)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(116)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(17)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(10)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(84)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(230)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Impairment reversal (note 19)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">4</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">4</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Translation adjustment</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">339</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">6,168</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3,507</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">4,766</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3,999</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,133,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">18,779</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Balance at June 30, 2025</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>2,874</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>51,704</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>32,529</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>40,062</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>36,458</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>163,627</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Cost</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">4,503</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">112,058</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">39,137</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">78,019</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">55,814</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">289,531</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 10pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Accumulated depreciation and impairment <SUP>(4)</SUP></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,629)</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(60,354)</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(6,608)</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(37,957)</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(19,356)</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(125,904)</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>


<!-- Field: Page; Sequence: 33 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->32<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; font: 9pt Arial,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS</B></P><P STYLE="text-align: left; font: 9pt Arial; margin: 0; color: #008542">PETROBRAS</P><P STYLE="text-align: left; font: italic 9pt Arial; margin: 0; color: #008542">(Expressed in millions of US Dollars, unless otherwise indicated)&#9;</P><!-- Field: Rule-Page --><DIV STYLE="margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: #008542 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --><P STYLE="font: 9pt Arial; margin: 0; color: #008542">&nbsp;</P></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 40%; border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Balance at December 31, 2023</B></FONT></TD>
    <TD STYLE="width: 10%; border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>2,687</B></FONT></TD>
    <TD STYLE="width: 12%; border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>58,409</B></FONT></TD>
    <TD STYLE="width: 10%; border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>21,516</B></FONT></TD>
    <TD STYLE="width: 10%; border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>40,432</B></FONT></TD>
    <TD STYLE="width: 9%; border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>30,380</B></FONT></TD>
    <TD STYLE="width: 9%; border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>153,424</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Cost </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">4,634</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">118,173</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">31,467</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">74,809</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">44,829</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">273,912</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 10pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Accumulated depreciation and impairment <SUP>(4)</SUP></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,947)</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(59,764)</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(9,951)</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(34,377)</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(14,449)</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(120,488)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Additions </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">188</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">6,096</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">32</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3,059</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">9,375</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Decommissioning costs - Additions to / review of estimates</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">66</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">66</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Capitalized borrowing costs</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">755</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">755</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Write-offs&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(3)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(14)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(128)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(5)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(25)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(175)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Transfers <SUP>(5)</SUP></FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(40)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,668</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(2,459)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,054</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(17)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">206</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Transfers to assets held for sale</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(21)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(5)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(109)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(135)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Depreciation, amortization and depletion </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(38)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(2,554)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,979)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(3,068)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(7,639)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Impairment reversal (note 19)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">32</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">13</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">50</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Translation adjustment</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(339)</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(7,463)</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(3,155)</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(5,099)</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(3,920)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(19,976)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Balance at June 30, 2024</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>2,270</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>50,245</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>22,622</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>34,392</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>26,422</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>135,951</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Cost </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3,927</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">103,923</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">31,292</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">66,123</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">40,499</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">245,764</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 10pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Accumulated depreciation and impairment <SUP>(4)</SUP></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,657)</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(53,678)</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(8,670)</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(31,731)</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(14,077)</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(109,813)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="7" STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt; color: #7F7F7F">(1) It is composed of production platforms, refineries, thermoelectric power plants, natural gas processing plants, pipelines, and other operating, storage and production plants, including subsea equipment for the production and flow of oil and gas, depreciated based on the units of production method.</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="7" STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt; color: #7F7F7F">(2) See note 8 for assets under construction by operating segment.</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="7" STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt; color: #7F7F7F">(3) It is composed of exploration and production assets related to wells, abandonment and dismantling of areas, signature bonuses associated with proved reserves and other costs directly associated with the exploration and production of oil and gas, except for assets under &quot;Equipment and other assets&quot;.</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="7" STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt; color: #7F7F7F">(4) In the case of land and assets under construction, it refers only to impairment losses.</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="7" STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt; color: #7F7F7F">(5) It mainly includes transfers between classes of assets and transfers from advances to suppliers.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">Additions to assets under construction are mainly
due to investments in the development of production in the B&uacute;zios field and fields in the Campos basin, Santos basin and Esp&iacute;rito
Santo basin. As for additions to right-of-use assets primarily relate to the FPSO Almirante Tamandar&eacute; in the B&uacute;zios field,
the FPSO Alexandre de Gusm&atilde;o in the Mero field, rigs for E&amp;P operations, and extension of the lease agreement for the FPSO
Cidade de Angra dos Reis in the Tupi field.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 12pt"><B>17.2.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 12pt"><B>Estimated useful life</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">The useful life of assets depreciated are shown
below:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 35%; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Asset</B></FONT></TD>
    <TD STYLE="width: 65%; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Weighted average useful life in years</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Buildings and improvement</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">38&nbsp;&nbsp;(between 25 and 50)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Equipment and other assets</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">22 (between 1 to 31) - except assets by the units of production method</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Exploration and development costs</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Units of production method or 20 years</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Right-of-use</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">14 (between 2 and 50)</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 12pt"><B>17.3.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 12pt"><B>Right-of-use assets</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">The right-of-use assets comprise the following
underlying assets:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="vertical-align: bottom; width: 64%; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Platforms</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Vessels</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Properties</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Total</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Cost </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">31,274</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">21,778</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,762</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">55,814</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Accumulated depreciation and impairment</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(6,560)</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(11,823)</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(973)</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(19,356)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Balance at June 30, 2025</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>24,714</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>9,955</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>1,789</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>36,458</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Cost </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">22,484</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">17,542</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,340</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">42,366</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Accumulated depreciation and impairment</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(4,712)</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(9,216)</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(750)</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(14,678)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Balance at December 31, 2024</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>17,772</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>8,326</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>1,590</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>27,688</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 12pt"><B>17.4.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 12pt"><B>Production Individualization
Agreements (AIPs)</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">Petrobras has AIPs signed in Brazil with partner
companies in E&amp;P consortia. These agreements result in reimbursements payable to (or receivable from) partners regarding expenses
and production volumes mainly related to Agulhinha, Albacora Leste, Berbig&atilde;o, Budi&atilde;o Noroeste, Budi&atilde;o Sudeste, Caratinga,
Sururu and the pre-salt layer of Jubarte.</P>

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    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->33<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; font: 9pt Arial,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS</B></P><P STYLE="text-align: left; font: 9pt Arial; margin: 0; color: #008542">PETROBRAS</P><P STYLE="text-align: left; font: italic 9pt Arial; margin: 0; color: #008542">(Expressed in millions of US Dollars, unless otherwise indicated)&#9;</P><!-- Field: Rule-Page --><DIV STYLE="margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: #008542 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --><P STYLE="font: 9pt Arial; margin: 0; color: #008542">&nbsp;</P></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify"></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify; color: #008542"><B>Provision for equalizations
<SUP>(1)</SUP></B></P>
<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">The table below presents changes in the reimbursements
payable relating to the execution of the AIPs submitted to the approval of the ANP:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 58%; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="width: 6%; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="width: 6%; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="width: 6%; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="width: 6%; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Jan-Jun/2025</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Jan-Jun/2024</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Opening balance</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">577</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">462</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Additions to PP&amp;E, net of write-offs</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(353)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">118</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Payments made</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Other income and expenses</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">676</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">25</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Translation adjustments</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; background-color: white; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 10pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 10pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #006298 1pt solid; background-color: white; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">97</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(70)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Closing balance <SUP>(1)</SUP></B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>997</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>534</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="7" STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt; color: #675C53">(1) Notably Berbig&atilde;o, Sururu, Agulhinha and the pre-salt layer of Jubarte.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">In May 2025, the Company submitted for approval
of the ANP the AIP of the Jubarte pre-salt layer shared reservoir in the Campos Basin, comprising the following areas:</P>
<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 3.3pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif">Jubarte Field area (BC-60) representing 97.25%
of the shared reservoir;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 3.3pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif">Non-contracted areas (Brazilian Federal Government,
represented by PPSA) representing 1.89% of the shared reservoir; and</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 3.3pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif">Argonauta Field area (BC-10) representing 0.86%
of the shared reservoir.</FONT></TD></TR></TABLE>


<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">In July 2025, this AIP was approved by the ANP,
effective as of August 1, 2025.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">With the approval of the AIP, negotiations for
the Agreement on Expenditure and Volume Equalization will begin, enabling the financial settlement of previously provisioned amounts upon
its conclusion.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 12pt"><B>17.5.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 12pt"><B>Capitalization rate used to determine
the amount of borrowing costs eligible for capitalization </B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">The capitalization rate used to determine the amount
of borrowing costs eligible for capitalization was the weighted average of the borrowing costs applicable to the borrowings that were
outstanding during the period, other than borrowings made specifically for the purpose of obtaining a qualifying asset. For the six-month
period ended June 30, 2025, the capitalization rate was 7.17% p.a. (7.14% p.a. for the six-month period ended June 30, 2024).</P>


<!-- Field: Page; Sequence: 35 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->34<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; font: 9pt Arial,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS</B></P><P STYLE="text-align: left; font: 9pt Arial; margin: 0; color: #008542">PETROBRAS</P><P STYLE="text-align: left; font: italic 9pt Arial; margin: 0; color: #008542">(Expressed in millions of US Dollars, unless otherwise indicated)&#9;</P><!-- Field: Rule-Page --><DIV STYLE="margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: #008542 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --><P STYLE="font: 9pt Arial; margin: 0; color: #008542">&nbsp;</P></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><A NAME="a_023"></A><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 13pt"><B>18.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 13pt"><B>Intangible assets</B></FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 12pt"><B>18.1.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 12pt"><B>By class of assets</B></FONT></TD></TR></TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: #F4F4F4">
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; width: 62%; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; width: 11%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Rights and Concessions <SUP>(1)</SUP></B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Software</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Goodwill</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Total</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F4F4F4">
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Balance at December 31, 2024</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>1,697</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>538</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>20</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>2,255</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Cost</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,750</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,663</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">20</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3,433</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Accumulated amortization and impairment</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(53)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,125)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,178)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Addition</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">7</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">106</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">113</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Capitalized borrowing costs</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">5</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">5</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Write-offs</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1)</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Transfers</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Amortization</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(2)</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(70)</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(72)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Impairment recognition (note 19)</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(165)</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(165)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Translation adjustment</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">219</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">73</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">295</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F4F4F4">
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Balance at June 30, 2025</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>1,756</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>653</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>23</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>2,432</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Cost</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,973</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,980</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">23</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3,976</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Accumulated amortization and impairment</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(217)</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,327)</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,544)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Estimated useful life in years</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Indefinite <SUP>(2)</SUP></FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">5</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Indefinite</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F4F4F4">
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Balance at December 31, 2023</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>2,425</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>592</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>25</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>3,042</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Cost</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,489</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,891</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">25</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">4,405</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Accumulated amortization and impairment</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(64)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,299)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,363)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Addition</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">101</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">102</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Capitalized borrowing costs</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">4</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">4</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Transfers </FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">4</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">4</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Amortization</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(2)</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(65)</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(67)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Translation adjustment</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(312)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(82)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(3)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(397)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F4F4F4">
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Balance at June 30, 2024</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>2,112</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>554</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>22</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>2,688</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Cost</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,169</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,736</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">22</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3,927</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Accumulated amortization and impairment</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(57)</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,182)</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,239)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Estimated useful life in years</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Indefinite <SUP>(2)</SUP></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">5</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Indefinite</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="5" STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt; color: #675C53">(1) It comprises mainly signature bonuses (amounts paid in concession and production sharing contracts for oil or natural gas exploration), in addition to public service concessions, trademarks and patents and others.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="5" STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt; color: #675C53">(2) Mainly composed of assets with indefinite useful lives, which are reviewed annually to determine whether events and circumstances continue to support an indefinite useful life assessment.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 13pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0%"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif"><B><A NAME="a_024"></A>19.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif"><B>Impairment</B></FONT></TD></TR></TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; vertical-align: bottom; width: 64%; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Statement of income</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Jan-Jun/2025</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Jan-Jun/2024</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Apr-Jun/2025</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Apr-Jun/2024</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Impairment (losses) reversals</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(240)</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">46</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(190)</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">37</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Exploratory assets</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(208)</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Impairment of equity-accounted investments</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">18</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Net effect within the statement of income</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(445)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>64</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(187)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>38</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Losses</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(454)</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(6)</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(190)</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Reversals</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">9</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">70</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">39</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Statement of financial position</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Jan-Jun/2025</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Jan-Jun/2024</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Apr-Jun/2025</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Apr-Jun/2024</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Property, plant and equipment</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(226)</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">50</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(133)</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">37</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Intangible assets</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(165)</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Assets classified as held for sale</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(57)</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">8</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(57)</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Investments</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">6</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Net effect within the statement of financial position</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(445)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>64</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(187)</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>38</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt/115% Calibri, Helvetica, Sans-Serif; margin: 0 0 10pt; color: #548DD4"><B>&nbsp;</B></P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; font: 9pt Arial,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS</B></P><P STYLE="text-align: left; font: 9pt Arial; margin: 0; color: #008542">PETROBRAS</P><P STYLE="text-align: left; font: italic 9pt Arial; margin: 0; color: #008542">(Expressed in millions of US Dollars, unless otherwise indicated)&#9;</P><!-- Field: Rule-Page --><DIV STYLE="margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: #008542 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --><P STYLE="font: 9pt Arial; margin: 0; color: #008542">&nbsp;</P></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">The Company annually tests its assets for impairment
or when there is an indication that their carrying amount may not be recoverable, or that there may be a reversal of impairment losses
recognized in previous years. In the six-month period ended June 30, 2025, net impairment losses were recognized in the amount of US$&nbsp;445,
mainly due to:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 20.5pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif">the economic unfeasibility of blocks C-M-753 and
C-M-789, located in the Campos basin, which resulted in the recognition of a US$&nbsp;208 impairment loss;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 20.5pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif">the contract amendment for the lease of FPSO Cidade
de Santos (Urugu&aacute; CGU), due to the need to extend the contractual term until the end of 2026 for the decommissioning of this asset,
which resulted in the recognition of a US$ 83 impairment loss;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 20.5pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif">additional financial compensation for the Cherne
Cluster, due to the accident on platform PCH-1, which occurred in the second quarter of 2025, which resulted in the recognition of a US$&nbsp;57
impairment loss.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">In the six-month period ended June 30, 2024, net
impairment reversals were recognized in the amount of US$&nbsp;64, mainly due to: (i) a US$ 37 impairment reversal of property, plant
and equipment after management approval of the return of the operational activities of the fertilizer plant Arauc&aacute;ria Nitrogenados
S.A. (ANSA); (ii) a US$ 13 impairment reversal of property, plant and equipment following the increase of the occupied area of building
Torre Pituba; and (iii) a US$&nbsp;12 impairment reversal of equity-accounted investments, following the approval for the sale of the
Company&rsquo;s 18.8% interest in the share capital of UEG Arauc&aacute;ria S.A., resulting in the reclassification of this equity-accounted
investment to assets classified as held for sale and its registration at fair value less costs to sell.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0%"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 13pt"><B><A NAME="a_025"></A>20.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 12pt"><B>Exploration and evaluation of
oil and gas reserves</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">Changes in the balances of capitalized costs directly
associated with exploratory wells pending determination of proved reserves and the balance of amounts paid for obtaining rights and concessions
for exploration of oil and natural gas (capitalized acquisition costs) are set out in the following table:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 82%; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Capitalized Exploratory Well Costs / Capitalized Acquisition Costs <SUP>(1)</SUP></B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Jan-Jun/2025</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Jan-Jun/2024</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Property plant and equipment</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Opening Balance</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,475</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,512</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Additions</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">501</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">184</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Write-offs</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(4)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(25)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Transfers</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(84)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Translation adjustment</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">196</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(198)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Losses on exploration expenditures written off</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; background-color: white; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(44)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Closing Balance</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,040</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,473</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Intangible assets</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Opening Balance</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,609</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,313</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Losses on exploration expenditures written off</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(164)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Translation adjustment</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">208</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(299)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Closing Balance</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>1,653</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>2,014</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Capitalized Exploratory Well Costs / Capitalized Acquisition Costs</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>3,693</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>3,487</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt; color: #675C53">(1) Amounts capitalized and subsequently expensed in the same period have been excluded from this table.</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 3pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Calibri, Helvetica, Sans-Serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">The additions in the six-month period ended June
30, 2025 mainly refer to the drilling of wells in the pre-salt layer, associated with the exploratory fields of Aram, in the Santos Basin,
and Norte de Brava, in the Campos Basin.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">In the six-month period ended June 30, 2025, losses
on exploration expenditures written resulted from economic unfeasibility of blocks C-M-753 and C-M-789, located in the Campos basin, as
described in note 19.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">Exploration costs recognized in the statement of
income and cash used in oil and gas exploration and evaluation activities are set out in the following table:</P>


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    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->36<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; font: 9pt Arial,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS</B></P><P STYLE="text-align: left; font: 9pt Arial; margin: 0; color: #008542">PETROBRAS</P><P STYLE="text-align: left; font: italic 9pt Arial; margin: 0; color: #008542">(Expressed in millions of US Dollars, unless otherwise indicated)&#9;</P><!-- Field: Rule-Page --><DIV STYLE="margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: #008542 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --><P STYLE="font: 9pt Arial; margin: 0; color: #008542">&nbsp;</P></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 64%; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Jan-Jun/2025</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Jan-Jun/2024</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Apr-Jun/2025</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Apr-Jun/2024</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Exploration costs recognized in the statement of income</B></FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Geological and geophysical expenses</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(274)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(193)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(183)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(111)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Exploration expenditures written off (includes dry wells and signature bonuses) </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(209)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(105)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(55)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Contractual penalties on local content requirements</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(5)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(4)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(2)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Other exploration expenses</FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(10)</FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(7)</FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(2)</FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(5)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F3F3F3">
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Total expenses </B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(498)</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(309)</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(185)</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(173)</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Cash used in:</B></FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Operating activities</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">284</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">200</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">185</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">116</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Investment activities</FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">503</FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">271</FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">262</FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">144</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F3F3F3">
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Total cash used </B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>787</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>471</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>447</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>260</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Calibri, Helvetica, Sans-Serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/107% Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 12pt"><B>20.1.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 11pt"><B>Collateral for crude oil exploration
concession agreements</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify">The Company has granted collateral to ANP in connection
with the performance of the Minimum Exploration Programs established in the concession agreements for petroleum exploration areas in the
total amount of US$&nbsp;1,445 (US$ 1,250 as of December 31, 2024), which is still in force as of June 30, 2025, net of commitments undertaken.
As of June 30, 2025, the collateral comprises future crude oil production capacity from Marlim and Buzios producing fields, already in
production, pledged as collateral, in the amount of US$&nbsp;1,406 (US$ 1,239 as of December 31, 2024) and bank guarantees of US$&nbsp;39
(US$ 11 as of December 31, 2024).</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 13pt"><B><A NAME="a_026"></A>21.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 13pt"><B>Investments</B></FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 12pt"><B>21.1.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 12pt"><B>Investments in associates and
joint ventures</B></FONT></TD></TR></TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 60%; border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #F3F3F3">0</FONT></TD>
    <TD STYLE="width: 16%; border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Joint Ventures</B></FONT></TD>
    <TD STYLE="width: 12%; border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Associates <SUP>(1)</SUP></B></FONT></TD>
    <TD STYLE="width: 12%; border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Total</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Balance at December 31, 2024</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>481</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>178</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>659</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; background-color: white; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Investments</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">5</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; background-color: white; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Restructuring, capital decrease and others</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(4)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(4)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; background-color: white; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Results of equity-accounted investments </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">90</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">39</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">129</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; background-color: white; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Translation adjustment</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(188)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(187)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; background-color: white; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Other comprehensive income</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">232</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">232</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; background-color: white; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Dividends</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(54)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(2)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(56)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Balance at June 30, 2025</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>520</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>258</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>778</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 60%; border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="width: 16%; border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Joint Ventures</B></FONT></TD>
    <TD STYLE="width: 12%; border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Associates <SUP>(1)</SUP></B></FONT></TD>
    <TD STYLE="width: 12%; border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Total</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Balance at December 31, 2023</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>481</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>877</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>1,358</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; background-color: white; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Investments</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">4</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">6</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; background-color: white; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Transfer to assets held for sale</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(11)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(11)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; background-color: white; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Restructuring, capital decrease and others</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(2)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(2)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; background-color: white; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Results of equity-accounted investments </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">82</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(363)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(281)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; background-color: white; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Translation adjustment</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">153</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">152</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; background-color: white; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Other comprehensive income</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(159)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(159)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; background-color: white; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Dividends</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(76)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(77)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Balance at June 30, 2024</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>490</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>496</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>986</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="4" STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt; color: #7F7F7F">(1) It includes other investments.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 13pt"><A NAME="a_027"></A><B>22.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 13pt"><B>Disposal of assets and other
transactions</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">The major classes of assets and related liabilities
classified as held for sale are shown in the following table:</P>


<!-- Field: Page; Sequence: 38 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->37<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; font: 9pt Arial,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS</B></P><P STYLE="text-align: left; font: 9pt Arial; margin: 0; color: #008542">PETROBRAS</P><P STYLE="text-align: left; font: italic 9pt Arial; margin: 0; color: #008542">(Expressed in millions of US Dollars, unless otherwise indicated)&#9;</P><!-- Field: Rule-Page --><DIV STYLE="margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: #008542 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --><P STYLE="font: 9pt Arial; margin: 0; color: #008542">&nbsp;</P></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="width: 73%; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>06.30.2025</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>12.31.2024</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>&nbsp;E&amp;P </B></FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Total</B></FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Total</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Assets classified as held for sale</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Property, plant and equipment </FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">521</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">521</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">510</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>521</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>521</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>510</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Liabilities on assets classified as held for sale</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Provision for decommissioning costs</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">722</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">722</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">713</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>722</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>722</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>713</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 12pt"><B>22.1.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 12pt"><B>Contingent assets from disposed
investments and other transactions</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">Some disposed assets and other agreements provide
for receipts subject to contractual clauses, especially related to the Brent variation in transactions related to E&amp;P assets.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify">The transactions that may generate revenue recognition,
accounted for within other income and expenses, are presented below:</P>


<!-- Field: Page; Sequence: 39 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->38<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; font: 9pt Arial,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS</B></P><P STYLE="text-align: left; font: 9pt Arial; margin: 0; color: #008542">PETROBRAS</P><P STYLE="text-align: left; font: italic 9pt Arial; margin: 0; color: #008542">(Expressed in millions of US Dollars, unless otherwise indicated)&#9;</P><!-- Field: Rule-Page --><DIV STYLE="margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: #008542 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --><P STYLE="font: 9pt Arial; margin: 0; color: #008542">&nbsp;</P></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial,sans-serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD ROWSPAN="3" STYLE="vertical-align: bottom; width: 51%; border-bottom: #F2F2F2 1pt solid; background-color: #F2F2F2; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Transaction</B></FONT></TD>
    <TD ROWSPAN="3" STYLE="vertical-align: bottom; width: 12%; border-bottom: #F2F2F2 1pt solid; background-color: #F2F2F2; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Closing date</B></FONT></TD>
    <TD ROWSPAN="3" STYLE="vertical-align: bottom; width: 9%; border-bottom: #F2F2F2 1.5pt outset; background-color: #F2F2F2; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Contingent assets at the closing date</B></FONT></TD>
    <TD ROWSPAN="3" STYLE="vertical-align: bottom; width: 9%; border-bottom: #F2F2F2 1.5pt outset; background-color: #F2F2F2; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Assets recognized in 2025</B></FONT></TD>
    <TD ROWSPAN="3" STYLE="vertical-align: bottom; width: 9%; border-bottom: #F2F2F2 1.5pt outset; background-color: #F2F2F2; padding-right: 3pt; padding-left: 3pt">
    <P STYLE="font: 8pt Arial,sans-serif; margin: 0; text-align: right; color: #006298"><B>Assets</B></P>
    <P STYLE="font: 8pt Arial,sans-serif; margin: 0; text-align: right; color: #006298"><B>recognized in previous periods</B></P></TD>
    <TD ROWSPAN="3" STYLE="vertical-align: bottom; width: 9%; border-bottom: #F2F2F2 1.5pt outset; background-color: #F2F2F2; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Balance of contingent assets as of June 30, 2025</B></FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD></TR>
  <TR>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: gray"><B>Surplus volume of the Transfer of Rights Agreement</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: gray">Sepia and Atapu<SUP>&nbsp;(1)</SUP></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: gray">April 2022</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: gray">5,263</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: gray">52</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: gray">1,272</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: gray">3,939</FONT></TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: gray"><B>Sales in previous years</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: gray">Riacho da Forquilha cluster</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: gray">December 2019</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: gray">62</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: gray">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: gray">58</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: gray">4</FONT></TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: gray">Pampo and Enchova cluster</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: gray">July 2020</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: gray">650</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: gray">36</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: gray">303</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: gray">311</FONT></TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: gray">Ba&uacute;na field</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: gray">November 2020</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: gray">285</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: gray">8</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: gray">253</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: gray">24</FONT></TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: gray">Cricare cluster</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: gray">December 2021</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: gray">118</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: gray">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: gray">106</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: gray">12</FONT></TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: gray">Pero&aacute; cluster</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: gray">August 2022</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: gray">43</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: gray">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: gray">10</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: gray">33</FONT></TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: gray">Papa-Terra field</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: gray">December 2022</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: gray">90</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: gray">18</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: gray">32</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: gray">40</FONT></TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: gray">Albacora Leste field</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: gray">January 2023</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: gray">250</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: gray">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: gray">225</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: gray">25</FONT></TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: gray">Norte Capixaba cluster</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: gray">April 2023</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: gray">66</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: gray">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: gray">33</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: gray">33</FONT></TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 10pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: gray">Golfinho and Camarupim clusters</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: gray">August 2023</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: gray">60</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: gray">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: gray">20</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: gray">40</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; background-color: #F2F2F2; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Total</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; background-color: #F2F2F2; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; background-color: #F2F2F2; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: gray"><B>6,887</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; background-color: #F2F2F2; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: gray"><B>114</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; background-color: #F2F2F2; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: gray"><B>2,312</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; background-color: #F2F2F2; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: gray"><B>4,461</B></FONT></TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD COLSPAN="6" STYLE="vertical-align: bottom; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt; color: gray">(1) The amount recorded in other income and expenses, net is adjusted to present value (see note 6).</FONT></TD>
    <TD>&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 13pt"><B><A NAME="a_028"></A>23.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 13pt"><B>Finance debt</B></FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 12pt"><B>23.1.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 12pt"><B>Balance by type of finance debt</B></FONT></TD></TR></TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 84%; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>In Brazil</B></FONT></TD>
    <TD STYLE="width: 8%; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>06.30.2025</B></FONT></TD>
    <TD STYLE="width: 8%; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>12.31.2024</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Banking market</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">4,658</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,828</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Capital market</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3,034</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,225</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Development banks <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">556</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">508</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Others</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Total </FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">8,250</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">5,563</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Abroad</B></FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Banking market</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3,641</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3,691</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Capital market</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">12,427</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">12,265</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Export credit agency</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,347</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,508</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Others</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">126</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">135</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Total </FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">17,541</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">17,599</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Total finance debt</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>25,791</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>23,162</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Current </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,475</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,566</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Non-current</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">23,316</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">20,596</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3" STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">(1) It includes BNDES.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">Current finance debt is composed of:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 80%; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 10%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>06.30.2025</B></FONT></TD>
    <TD STYLE="width: 10%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>12.31.2024</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Short-term debt</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">14</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">10</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Current portion of long-term debt</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,987</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,132</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Accrued interest on short and long-term debt</FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">474</FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">424</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>2,475</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>2,566</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">The capital market balance is mainly composed of
US$&nbsp;11,823 in global notes issued abroad by the wholly owned subsidiary PGF, as well as US$&nbsp;2,046 in debentures and US$&nbsp;896
in commercial notes issued by Petrobras in reais in Brazil.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">The balance in global notes has maturities between
2026 to 2115 and does not require collateral. Such financing was carried out in dollars and pounds, 92% and 8%, of the total global notes,
respectively.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">The debentures and the commercial notes, with maturities
between 2026 and 2045, do not require collateral and are not convertible into shares or equity interests.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">On June 30, 2025, there were no default, breach
of covenants or adverse changes in clauses that would result in changes to the payment terms of loan and financing agreements. There
was no change in the guarantees required in relation to December 31, 2024. Petrobras fully, unconditionally and irrevocably guarantees
its global notes issued in the capital markets by its wholly-owned subsidiary PGF and the loan agreements of its wholly-owned subsidiary
PGT.</P>
<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify"></P>


<!-- Field: Page; Sequence: 40 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->39<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; font: 9pt Arial,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS</B></P><P STYLE="text-align: left; font: 9pt Arial; margin: 0; color: #008542">PETROBRAS</P><P STYLE="text-align: left; font: italic 9pt Arial; margin: 0; color: #008542">(Expressed in millions of US Dollars, unless otherwise indicated)&#9;</P><!-- Field: Rule-Page --><DIV STYLE="margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: #008542 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --><P STYLE="font: 9pt Arial; margin: 0; color: #008542">&nbsp;</P></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 12pt"><B>23.2.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 12pt"><B>Changes in finance debt</B></FONT></TD></TR></TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="width: 67%; border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="width: 11%; border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>In Brazil</B></FONT></TD>
    <TD STYLE="width: 11%; border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Abroad</B></FONT></TD>
    <TD STYLE="width: 11%; border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Total</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Balance at December 31, 2024</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>5,563</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>17,599</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>23,162</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Proceeds from finance debt</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,943</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,129</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3,072</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Repayment of principal <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(211)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,342)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,553)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Repayment of interest <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(267)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(590)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(857)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Accrued interest <SUP>(2)</SUP></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">357</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">586</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">943</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Foreign exchange/ inflation indexation charges</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">18</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(48)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(30)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Translation adjustment</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">848</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">206</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,054</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Balance at June 30, 2025</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>8,251</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>17,540</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>25,791</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="width: 67%; border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="width: 11%; border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>In Brazil</B></FONT></TD>
    <TD STYLE="width: 11%; border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Abroad</B></FONT></TD>
    <TD STYLE="width: 11%; border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Total</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Balance at December 31, 2023</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>6,090</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>22,711</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>28,801</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Proceeds from finance debt</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">557</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">10</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">567</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Repayment of principal <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(158)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(2,177)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(2,335)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Repayment of interest <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(203)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(795)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(998)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Accrued interest <SUP>(2)</SUP></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">240</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">774</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,014</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Foreign exchange/ inflation indexation charges</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">110</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">300</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">410</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Translation adjustment</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(800)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(338)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,138)</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Balance at June 30, 2024</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>5,836</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>20,485</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>26,321</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="4" STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt; color: #7F7F7F">(1) It includes pre-payments.</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="4" STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt; color: #7F7F7F">(2) It includes premium and discount over notional amounts, as well as gains and losses by modifications in contractual cash flows.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 12pt"><B>23.3.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 12pt"><B>Reconciliation with cash flows
from financing activities</B></FONT></TD></TR></TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="width: 34%; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 11%; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 11%; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 11%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Jan-Jun/2025</B></FONT></TD>
    <TD STYLE="width: 11%; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 11%; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 11%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Jan-Jun/2024</B></FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Proceeds from finance debt</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Repayment of principal</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Repayment of interest</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Proceeds from finance debt</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Repayment of principal</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Repayment of interest</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Changes in finance debt</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3,072</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,553)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(857)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">567</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(2,335)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(998)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Deposits linked to finance debt <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">6</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">17</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Net cash used in financing activities</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>3,072</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(1,547)</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(856)</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>567</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(2,318)</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(995)</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="7" STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt; color: #7F7F7F">(1) Deposits linked to finance debt with China Development Bank, with semiannual settlements in June and December.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">In the six-month period ended June 30, 2025 the
Company:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 20.25pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif">repaid several finance debts, in the amount of US$&nbsp;2,403;
and</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 20.25pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif">raised US$&nbsp;3,072, notably: (i) public offering
of debentures, in the amount of USS$ 516, with maturities in 2035, 2040, and 2045; (ii) proceeds in the domestic banking market, in the
amount of US$ 1,417; and (iii) proceeds in the international banking market, in the amount of US$ 1,122.</FONT></TD></TR></TABLE>


<!-- Field: Page; Sequence: 41 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->40<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; font: 9pt Arial,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS</B></P><P STYLE="text-align: left; font: 9pt Arial; margin: 0; color: #008542">PETROBRAS</P><P STYLE="text-align: left; font: italic 9pt Arial; margin: 0; color: #008542">(Expressed in millions of US Dollars, unless otherwise indicated)&#9;</P><!-- Field: Rule-Page --><DIV STYLE="margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: #008542 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --><P STYLE="font: 9pt Arial; margin: 0; color: #008542">&nbsp;</P></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 12pt"><B>23.4.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 12pt"><B>Summarized information on current
and non-current finance debt</B></FONT></TD></TR></TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 36%; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Maturity in</B></FONT></TD>
    <TD STYLE="width: 8%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>2025</B></FONT></TD>
    <TD STYLE="width: 8%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>2026</B></FONT></TD>
    <TD STYLE="width: 8%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>2027</B></FONT></TD>
    <TD STYLE="width: 8%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>2028</B></FONT></TD>
    <TD STYLE="width: 8%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>2029</B></FONT></TD>
    <TD STYLE="width: 8%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>2030 onwards</B></FONT></TD>
    <TD STYLE="width: 8%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Total <SUP>(1)</SUP></B></FONT></TD>
    <TD STYLE="width: 8%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Fair Value</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Financing in U.S. Dollars:</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">855</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,465</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,146</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,555</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">720</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">9,004</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">15,745</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">15,567</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Floating rate debt <SUP>(2)</SUP></FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">622</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,121</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,468</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">524</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">144</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">921</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">4,800</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Fixed rate debt</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">233</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">344</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">678</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,031</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">576</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">8,083</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">10,945</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Average interest rate p.a.</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">6.3%</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">6.5%</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">6.0%</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">5.7%</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">6.2%</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">6.6%</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">6.5%</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Financing in Brazilian Reais):</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">196</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">494</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">134</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">137</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">955</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">6,037</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">7,953</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">7,401</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Floating rate debt <SUP>(3)</SUP></FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">145</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">128</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">31</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">31</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">31</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">5,496</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">5,862</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Fixed rate debt</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">51</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">366</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">103</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">106</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">924</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">541</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,091</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Average interest rate p.a.</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">10.5%</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">10.6%</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">9.7%</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">9.9%</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">10.3%</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">8.3%</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">9.4%</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Financing in Euro:</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">9</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">145</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">26</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">424</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">604</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">609</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Fixed rate debt</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">9</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">145</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">26</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">424</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">604</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Average interest rate p.a.</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">4.6%</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">4.6%</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">4.7%</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">4.7%</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">4.6%</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Financing in Pound Sterling:</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">16</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">17</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">403</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">566</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,002</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">986</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Fixed rate debt</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">16</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">17</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">403</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">566</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,002</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Average interest rate p.a.</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">6.1%</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">6.1%</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">6.1%</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">6.6%</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">6.3%</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Financing in Renminbi:</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">5</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">5</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">5</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">5</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">465</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">487</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">472</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Floating rate debt</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">5</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">5</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">5</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">5</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">465</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">487</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Average interest rate p.a.</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3.1%</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3.1%</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3.0%</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3.0%</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2.9%</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3.1%</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">0.0%</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Total as of June 30, 2025</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>1,069</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>1,990</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>2,285</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>1,842</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>2,109</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>16,496</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>25,791</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>25,035</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Average interest rate</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">7.4%</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">7.6%</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">7.1%</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">7.1%</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">7.7%</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">6.8%</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">6.8%</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Total as of December 31, 2024</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>2,566</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>1,864</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>2,264</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>1,791</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>1,780</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>12,897</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>23,162</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>22,213</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Average interest rate</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">7.0%</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">7.4%</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">7.1%</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">6.9%</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">7.3%</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">6.6%</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">6.8%</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="9" STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt; color: #675C53">(1) The average maturity of outstanding debt as of June 30, 2025 is 11.92 years (12.52 years as of December 31, 2024).</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="9" STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt; color: #675C53">(2) Operations with variable index + fixed spread.</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="9" STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt; color: #675C53">(3) Operations with variable index + fixed spread, if applicable.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">The fair value of the Company's finance debt is
mainly determined and categorized into a fair value hierarchy as follows:</P>
<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 20.25pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif">Level 1- quoted prices in active markets for
identical liabilities, when applicable, amounting to US$&nbsp;11,584 as of June 30, 2025 (US$ 11,174 of December 31, 2024); and</FONT></TD></TR></TABLE>
<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 20.25pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif">Level 2 &ndash; discounted cash flows based
on discount rate determined by interpolating spot rates considering financing debts indexes proxies, taking into account their currencies
and also Petrobras&rsquo; credit risk, amounting to US$&nbsp;13,451 as of June 30, 2025 (US$ 11,039 as of December 31, 2024).</FONT></TD></TR></TABLE>


<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">The sensitivity analysis for financial instruments
subject to foreign exchange variation is set out in note 26.4.1.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">A maturity schedule of the Company&rsquo;s finance
debt (undiscounted), including face value and interest payments is set out as follows:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 28%; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Maturity</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>2025</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>2026</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>2027</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>2028</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>2029</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>2030 and thereafter</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>06.30.2025</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>12.31.2024</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Principal</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">639</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,005</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,335</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,944</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,159</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">17,009</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">26,091</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">23,473</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Interest</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">952</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,942</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,742</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,560</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,508</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">15,210</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">22,915</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">20,388</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Total <SUP>(1)</SUP></B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>1,591</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>3,947</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>4,077</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>3,504</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>3,667</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>32,219</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>49,006</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>43,861</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="9" STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt; color: #595959">(1) A maturity schedule of the lease arrangements (nominal amounts) is set out in note 24.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>


<!-- Field: Page; Sequence: 42 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->41<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; font: 9pt Arial,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS</B></P><P STYLE="text-align: left; font: 9pt Arial; margin: 0; color: #008542">PETROBRAS</P><P STYLE="text-align: left; font: italic 9pt Arial; margin: 0; color: #008542">(Expressed in millions of US Dollars, unless otherwise indicated)&#9;</P><!-- Field: Rule-Page --><DIV STYLE="margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: #008542 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --><P STYLE="font: 9pt Arial; margin: 0; color: #008542">&nbsp;</P></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 12pt"><B>23.5.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 12pt"><B>Lines of credit</B></FONT></TD></TR></TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 14%; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="width: 25%; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="width: 14%; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 13%; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 12%; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 11%; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 11%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>06.30.2025</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Company</B></FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt">
    <P STYLE="font: 8pt Arial,sans-serif; margin: 0; color: #006298"><B>Financial </B></P>
    <P STYLE="font: 8pt Arial,sans-serif; margin: 0; color: #006298"><B>institution</B></P></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Date</B></FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Maturity</B></FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt">
    <P STYLE="font: 8pt Arial,sans-serif; margin: 0; text-align: right; color: #006298"><B>Available</B></P>
    <P STYLE="font: 8pt Arial,sans-serif; margin: 0; text-align: right; color: #006298"><B>(Lines of Credit)</B></P></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Used</B></FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Balance</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Abroad</B></FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">PGT BV <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Syndicate of banks</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">12/16/2021</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">11/16/2026</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">5,000</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">5,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">PGT BV </FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Syndicate of banks</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3/27/2019</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2/27/2026</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,050</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,050</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>7,050</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>&#8722;</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>7,050</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>In Brazil</B></FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Petrobras <SUP>(2)</SUP></FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Banco do Brasil</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3/23/2018</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">9/26/2030</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">641</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">641</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Petrobras <SUP>(3)</SUP></FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Banco do Brasil</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">10/4/2018</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">9/4/2029</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">733</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">733</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Transpetro</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Caixa Econ&ocirc;mica Federal</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">11/23/2010</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Not defined</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">60</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">60</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>1,434</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>&#8722;</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>1,434</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="7" STYLE="padding-right: 3pt; padding-left: 3pt; text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt; color: #7F7F7F">(1) On April 08, 2024, the Revolving Credit Facility was reduced to US$ 4,110 compared to the US$ 5,000 contracted in 2021. Thus, US$ 5,000 will be available for withdrawal until November 16, 2026 and US$ 4,110 from November 16, 2026, to November 16, 2028. </FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="7" STYLE="padding-right: 3pt; padding-left: 3pt; text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt; color: #7F7F7F">(2) On December 27, 2024, the credit line agreement with Banco do Brasil for US$ 366 (R$ 2 billion) was amended, extending the term to October 26, 2030. On April 3, 2025, a new amendment was approved, increasing the credit line amount from US$ 366 (R$ 2 billion) to US$ 641 (R$ 3.5 billion).</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="7" STYLE="padding-right: 3pt; padding-left: 3pt; text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt; color: #7F7F7F">(3) On June 18, 2024, the credit line with Banco do Brasil was renewed, extending its term to September 4, 2029, and increasing its amount from US$ 366 (R$ 2 billion) to US$ 733 (R$ 4 billion).</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 13pt"><A NAME="a_029"></A><B>24.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 13pt"><B>Lease liability</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">Changes in the balance of lease liabilities are
presented below:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 76%; border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="width: 8%; border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt">
    <P STYLE="font: 8pt Arial,sans-serif; margin: 0; text-align: right; color: #006298"><B>Lessors</B></P>
    <P STYLE="font: 8pt Arial,sans-serif; margin: 0; text-align: right; color: #006298"><B>in Brazil</B></P></TD>
    <TD STYLE="width: 8%; border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt">
    <P STYLE="font: 8pt Arial,sans-serif; margin: 0; text-align: right; color: #006298"><B>Lessors</B></P>
    <P STYLE="font: 8pt Arial,sans-serif; margin: 0; text-align: right; color: #006298"><B>abroad</B></P></TD>
    <TD STYLE="width: 8%; border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Total</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Balance at December 31, 2024</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>5,484</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>31,665</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>37,149</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Remeasurement / new contracts</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,130</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">6,735</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">7,865</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Payment of principal and interest</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,224)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(3,144)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(4,368)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Interest expenses</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">232</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,057</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,289</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Foreign exchange gains</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(379)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(4,249)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(4,628)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Translation adjustment</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">718</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">4,248</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">4,966</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Balance at June 30, 2025</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>5,961</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>36,312</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>42,273</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Current</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">9,270</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Non-current</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">33,003</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 76%; border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="width: 8%; border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt">
    <P STYLE="font: 8pt Arial,sans-serif; margin: 0; text-align: right; color: #006298"><B>Lessors</B></P>
    <P STYLE="font: 8pt Arial,sans-serif; margin: 0; text-align: right; color: #006298"><B>in Brazil</B></P></TD>
    <TD STYLE="width: 8%; border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt">
    <P STYLE="font: 8pt Arial,sans-serif; margin: 0; text-align: right; color: #006298"><B>Lessors</B></P>
    <P STYLE="font: 8pt Arial,sans-serif; margin: 0; text-align: right; color: #006298"><B>abroad</B></P></TD>
    <TD STYLE="width: 8%; border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Total</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Balance at December 31, 2023</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>6,792</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>27,007</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>33,799</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Remeasurement / new contracts</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">814</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,923</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,737</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Payment of principal and interest <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,361)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(2,492)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(3,853)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Interest expenses</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">276</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">842</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,118</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Foreign exchange losses</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">394</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3,733</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">4,127</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Translation adjustment</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(881)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(3,738)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(4,619)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Balance at June 30, 2024</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>6,034</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>27,275</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>33,309</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Current</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">7,437</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Non-current</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">25,872</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="4" STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt; color: #675C53">(1) The Statement of Cash Flows comprises US$ 30 relating to changes on liabilities held for sale.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">A maturity schedule of the lease arrangements (nominal
amounts) is set out as follows:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 44%; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Nominal Future Payments</B></FONT></TD>
    <TD STYLE="width: 8%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>2025</B></FONT></TD>
    <TD STYLE="width: 8%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>2026</B></FONT></TD>
    <TD STYLE="width: 8%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>2027</B></FONT></TD>
    <TD STYLE="width: 8%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>2028</B></FONT></TD>
    <TD STYLE="width: 8%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>2029</B></FONT></TD>
    <TD STYLE="width: 8%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>2030 onwards</B></FONT></TD>
    <TD STYLE="width: 8%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Total</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Balance at June 30, 2025</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">5,239</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">8,363</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">6,511</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">4,563</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3,492</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">35,924</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">64,092</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Balance at December 31, 2024</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">8,837</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">6,140</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">4,817</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3,476</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,904</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">28,943</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">55,117</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">In certain contracts, there are variable payments
and terms of less than 1 year recognized as expenses:</P>


<!-- Field: Page; Sequence: 43 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->42<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; font: 9pt Arial,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS</B></P><P STYLE="text-align: left; font: 9pt Arial; margin: 0; color: #008542">PETROBRAS</P><P STYLE="text-align: left; font: italic 9pt Arial; margin: 0; color: #008542">(Expressed in millions of US Dollars, unless otherwise indicated)&#9;</P><!-- Field: Rule-Page --><DIV STYLE="margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: #008542 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --><P STYLE="font: 9pt Arial; margin: 0; color: #008542">&nbsp;</P></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="width: 76%; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: teal"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="width: 8%; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: teal"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="width: 8%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Jan-Jun/2025</B></FONT></TD>
    <TD STYLE="width: 8%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Jan-Jun/2024</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Variable payments</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">473</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">528</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Up to 1 year maturity</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">6</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">54</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Variable payments x fixed payments</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">11%</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">14%</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">At June 30, 2025, the nominal amounts of lease
agreements for which the lease term has not commenced, as they relate to assets under construction or not yet available for use, is US$&nbsp;60,613
(US$&nbsp;65,034 at December 31, 2024).</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">The sensitivity analysis of financial instruments
subject to exchange variation is presented in note 26.4.1.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><A NAME="a_030"></A><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 13pt"><B>25.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 13pt"><B>Equity</B></FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 12pt"><B>25.1.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 12pt"><B>Share capital</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">As of June 30, 2025 and December 31, 2024, subscribed
and fully paid share capital, net of issuance costs, was US$&nbsp;107,101. The table below shows the composition of shares, in each period,
all registered, book-entry and with no par value.</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="width: 78%; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="width: 11%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>06.30.2025</B></FONT></TD>
    <TD STYLE="width: 11%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>12.31.2024</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Common shares</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">7,442,231,382</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">7,442,454,142</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Preferred shares</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">5,446,501,379</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">5,602,042,788</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Subscribed and fully paid shares</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>12,888,732,761</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>13,044,496,930</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">Preferred shares have priority on returns of capital,
do not grant any voting rights and are non-convertible into common shares.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">On January 29, 2025, the Board of Directors approved
the cancellation of a total of 155,764,169 treasury shares, without reducing the share capital. The effects of this cancellation were
reflected in capital reserve (US$&nbsp;2) and profit retention reserve, within profit reserves (US$&nbsp;1,116).</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">On April 16, 2025, the Annual General Shareholders
Meeting approved a proposal to update the Company's Bylaws to reflect the current number of shares.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 12pt"><B>25.2.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 12pt"><B>Profit Reserves </B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">The following table presents the final balance
of profit reserves as disclosed in the Statements of changes in shareholders&rsquo; equity:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="width: 35%; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Legal</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>R&amp;D reserve</B></FONT></TD>
    <TD STYLE="width: 11%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Capital remuneration</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Tax incentives</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Profit retention</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Additional dividends proposed</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Total</B></FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Balance at January 1, 2024</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>12,846</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>3,397</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>8,428</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>1,998</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>43,038</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>2,934</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>72,641</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Additional dividends proposed</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(4,244)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(2,934)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(7,178)</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Balance at June 30, 2024</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>12,846</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>3,397</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>4,184</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>1,998</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>43,038</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>&#8722;</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>65,463</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Balance at January 1, 2025</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>12,846</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>3,397</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>&#8722;</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>2,128</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>41,598</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>1,477</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>61,446</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Additional dividends proposed</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,477)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,477)</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Cancellation of treasury shares</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,116)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,116)</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Balance at June 30, 2025</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>12,846</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>3,397</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>&#8722;</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>2,128</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>40,482</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>&#8722;</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>58,853</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 12pt"><B>25.3.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 12pt"><B>Distributions to shareholders
</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 12pt 0; text-align: justify; color: #008542"><B>Dividends relating to 2024</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">On April 16, 2025, the Annual General Shareholders
Meeting approved dividends relating to 2024, amounting to US$&nbsp;13,076 (US$&nbsp;1.0146 per outstanding share). This amount includes
US$&nbsp;11,599 anticipated during 2024 (updated by Selic interest rate from the date of each payment to December 31, 2024) and US$&nbsp;1,477
of complementary dividends which is accounted for as additional dividends proposed.</P>


<!-- Field: Page; Sequence: 44 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->43<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; font: 9pt Arial,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS</B></P><P STYLE="text-align: left; font: 9pt Arial; margin: 0; color: #008542">PETROBRAS</P><P STYLE="text-align: left; font: italic 9pt Arial; margin: 0; color: #008542">(Expressed in millions of US Dollars, unless otherwise indicated)&#9;</P><!-- Field: Rule-Page --><DIV STYLE="margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: #008542 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --><P STYLE="font: 9pt Arial; margin: 0; color: #008542">&nbsp;</P></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">These complementary dividends were reclassified
from shareholders' equity to liabilities on the date of approval on the Annual General Shareholders Meeting and were paid in 2 installments
in May and June 2025, updated by the Selic interest rate from December 31, 2024 to the date of each payment.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 12pt 0; text-align: justify; color: #008542"><B>Dividends and interest on capital
relating to the first quarter of 2025</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">On May 12, 2025, Petrobras&rsquo;s Board of Directors
approved the distribution of remuneration to shareholders in the amount of US$&nbsp;2,063 or R$&nbsp;11,718 million (US$&nbsp;0.1600 per
outstanding preferred and common shares, or R$&nbsp;0.9092), based on the net income for the three-month period ended March 31, 2025,
considering the application of the Shareholder Remuneration Policy formula, as presented in the following table:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="width: 56%; border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 12%; border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt">
    <P STYLE="font: 8pt Arial,sans-serif; margin: 0; text-align: right; color: #006298"><B>Date of approval</B></P>
    <P STYLE="font: 8pt Arial,sans-serif; margin: 0; text-align: right; color: #006298"><B>by the Board of Directors</B></P></TD>
    <TD STYLE="vertical-align: bottom; width: 10%; border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Date of record</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 12%; border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Amount per common and preferred share</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 10%; border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Amount</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Interim dividends</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">05.12.2025</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">06.02.2025</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">0.0543</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">700</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Interim interest on capital</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">05.12.2025</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">06.02.2025</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">0.1057</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,363</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Total anticipated dividends</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>0.1600</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>2,063</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">These dividends and interest on capital will be
paid in two equal installments, in August and September 2025, and will be deducted from the remuneration that will be distributed to shareholders
relating to 2025. The amounts will be adjusted by the SELIC rate from the date of payment of each installment until the end of the referred
fiscal year, on December 31, 2025.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">This anticipation of interest on capital resulted
in a deductible expense which reduced the income tax expense by US$&nbsp;465. Interest on capital is subject to withholding income tax
(IRRF) of 15%, except for immune and exempt shareholders, as established in applicable law.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 12pt 0; text-align: justify; color: #008542"><B>Dividends payable </B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">Changes in the balance of dividends payable are
set out as follows:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="width: 82%; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Jan-Jun/2025</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Jan-Jun/2024</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Consolidated opening balance of dividends payable</B></FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>2,657</B></FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>3,539</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Opening balance of dividends payable to non-controlling shareholders</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">19</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">38</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Opening balance of dividends payable to shareholders of Petrobras</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>2,638</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>3,501</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Additions relating to complementary dividends</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,477</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">7,178</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Additions relating to anticipated dividends</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,063</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,615</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Payments made</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(4,588)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(10,578)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Indexation to the Selic interest rate</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">149</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">385</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Transfers to unclaimed dividends</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(17)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(40)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Withholding income taxes over interest on capital and indexation to the Selic interest rate <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(146)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(166)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 10pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Translation adjustment</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">441</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(601)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Closing balance of dividends payable to shareholders of Petrobras</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>2,017</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>2,294</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Closing balance of dividends payable to non-controlling shareholders</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">11</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Consolidated closing balance of dividends payable</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>2,028</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>2,295</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="3" STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 6pt; color: #675C53">(1) It includes US$ 2 over dividends paid and US$6 over dividends payable.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify; color: #008542"><B>Unclaimed dividends</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">As of June 30, 2025, the balance of dividends not
claimed by shareholders of Petrobras is US$&nbsp;280 recorded as other current liabilities, as described in note 16 (US$&nbsp;276 as of
December 31, 2024). The payment of these dividends was not carried out due to the lack of registration data for which the shareholders
are responsible with the custodian bank for the Company's shares.</P>


<!-- Field: Page; Sequence: 45 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->44<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; font: 9pt Arial,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS</B></P><P STYLE="text-align: left; font: 9pt Arial; margin: 0; color: #008542">PETROBRAS</P><P STYLE="text-align: left; font: italic 9pt Arial; margin: 0; color: #008542">(Expressed in millions of US Dollars, unless otherwise indicated)&#9;</P><!-- Field: Rule-Page --><DIV STYLE="margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: #008542 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --><P STYLE="font: 9pt Arial; margin: 0; color: #008542">&nbsp;</P></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="width: 82%; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Jan-Jun/2025</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Jan-Jun/2024</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Changes in unclaimed dividends</B></FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Opening balance</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>276</B></FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>337</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Prescription</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(49)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(10)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Transfers from dividends payable</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">17</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">40</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 10pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Translation adjustment</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">36</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(42)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Closing Balance</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>280</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>325</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 12pt"><B>25.4.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 12pt"><B>Earnings per share</B></FONT></TD></TR></TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Jan-Jun/2025</B></FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Jan-Jun/2024</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 44%; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Common</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Preferred</B></FONT></TD>
    <TD STYLE="width: 10%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Total</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Common</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Preferred</B></FONT></TD>
    <TD STYLE="width: 10%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Total</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Net income attributable to shareholders of Petrobras</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">6,183</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">4,525</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">10,708</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,559</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,879</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">4,438</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Weighted average number of outstanding shares</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt; color: #675C53">7,442,231,382</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt; color: #675C53">5,446,501,379</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt; color: #675C53">12,888,732,761</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt; color: #675C53">7,442,231,382</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt; color: #675C53">5,466,560,112</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt; color: #675C53">12,908,791,494</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Basic and diluted earnings per share - in U.S. dollars</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">0.83</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">0.83</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">0.83</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">0.34</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">0.34</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">0.34</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Basic and diluted earnings (losses) per ADS equivalent - in U.S. dollars <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1.66</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1.66</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1.66</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">0.68</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">0.68</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">0.68</FONT></TD></TR>
  <TR>
    <TD COLSPAN="7" STYLE="padding-right: 3pt; padding-left: 3pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Apr-Jun/2025</B></FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Apr-Jun/2024</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Common</B></FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Preferred</B></FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Total</B></FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Common</B></FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Preferred</B></FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Total</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Net income attributable to shareholders of Petrobras</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,734</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,000</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">4,734</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(198)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(146)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(344)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Weighted average number of outstanding shares</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt; color: #675C53">7,442,231,382</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt; color: #675C53">5,446,501,379</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt; color: #675C53">12,888,732,761</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt; color: #675C53">7,442,231,382</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt; color: #675C53">5,455,611,812</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt; color: #675C53">12,897,843,194</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Basic and diluted earnings (losses) per share - in U.S. dollars</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">0.37</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">0.37</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">0.37</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(0.03)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(0.03)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(0.03)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Basic and diluted earnings (losses) per ADS equivalent - in U.S. dollars <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">0.74</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">0.74</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">0.74</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(0.06)</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(0.06)</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(0.06)</FONT></TD></TR>
  <TR>
    <TD COLSPAN="7" STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt; color: #675C53">(1) Petrobras' ADSs are equivalent to two shares.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">Basic earnings per share are calculated by dividing
the net income attributable to shareholders of Petrobras by the weighted average number of outstanding shares during the period. The change
in the weighted average number of outstanding shares is due to the Share repurchase program (preferred shares) which was closed on August
4, 2024, whose shares were cancelled in January 2025, as described in note 25.1.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">Diluted earnings per share are calculated by adjusting
the net income attributable to shareholders of Petrobras and the weighted average number of outstanding shares during the period taking
into account the effects of all dilutive potential shares (equity instrument or contractual arrangements that are convertible into shares).</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">Basic and diluted earnings are identical as the
Company has no potentially dilutive shares.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 13pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0%"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif"><B><A NAME="a_031"></A>26.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif"><B>Financial risk management</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">The Company is exposed to a variety of risks arising
from its operations, such as price risk (related to crude oil and oil products prices), foreign exchange rates risk, interest rates risk,
credit risk and liquidity risk. Corporate risk management is part of the Company&rsquo;s commitment to act ethically and comply with the
legal and regulatory requirements of the countries where it operates.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">The Company presents a sensitivity analysis for
the period of one year, except for operations with commodity derivatives, for which a three-month period is applied, due to the short-term
nature of these transactions.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">The effects of derivative financial instruments
and hedge accounting are set out as follows.</P>


<!-- Field: Page; Sequence: 46 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->45<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; font: 9pt Arial,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS</B></P><P STYLE="text-align: left; font: 9pt Arial; margin: 0; color: #008542">PETROBRAS</P><P STYLE="text-align: left; font: italic 9pt Arial; margin: 0; color: #008542">(Expressed in millions of US Dollars, unless otherwise indicated)&#9;</P><!-- Field: Rule-Page --><DIV STYLE="margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: #008542 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --><P STYLE="font: 9pt Arial; margin: 0; color: #008542">&nbsp;</P></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 12pt"><B>26.1.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 12pt"><B>Statement of income</B></FONT></TD></TR></TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="5" STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Gains/ (losses) recognized in the statement of income</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 64%; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Jan-Jun/2025</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Jan-Jun/2024</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Apr-Jun/2025</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Apr-Jun/2024</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Foreign exchange rate risk</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Cross-currency Swap CDI x Dollar - Note 26.4.1 (b)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">54</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(62)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">26</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(61)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Cash flow hedge on exports - Note 26.4.1 (a)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,220)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,297)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(498)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(600)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Interest rate risk </FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 10pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Swap IPCA X CDI - 26.4.1 (b)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(41)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(9)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(21)</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Recognized in Net finance income (expense)</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(1,164)</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(1,400)</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(481)</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(682)</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Price risk (commodity derivatives)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Recognized in other income and expenses</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">11</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">24</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">9</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">19</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(1,153)</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(1,376)</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(472)</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(663)</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">The effects on the statement of income of derivative
financial instruments reflect both outstanding transactions as well as transactions closed during the period.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 12pt"><B>26.2.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 12pt"><B>Statement of comprehensive income</B></FONT></TD></TR></TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="5" STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Gains/ (losses) recognized in the period</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 64%; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Jan-Jun/2025</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Jan-Jun/2024</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Apr-Jun/2025</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Apr-Jun/2024</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Hedge accounting</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Cash flow hedge on exports - Note 26.4.1 (a)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">9,524</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(7,352)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3,949</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(6,027)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Deferred income taxes</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(3,238)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,499</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,343)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,048</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>6,286</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(4,853)</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>2,606</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(3,979)</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 12pt"><B>26.3.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 12pt"><B>Statement of Financial Position</B></FONT></TD></TR></TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="width: 82%; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>06.30.2025</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>12.31.2024</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Fair value Asset Position (Liability)</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Open derivatives transactions</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(22)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(101)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Closed derivatives transactions awaiting financial settlement</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Recognized in Statements of Financial Position</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(21)</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(100)</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Other assets (note 16)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">73</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">29</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Other liabilities (note 16)</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(94)</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(129)</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">The following table presents the details of the
open derivative financial instruments held by the Company as of June 30, 2025, and represents its risk exposure:</P>

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    <TD COLSPAN="5" STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Statement of Financial Position</B></FONT></TD></TR>
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    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Fair value</B></FONT></TD>
    <TD ROWSPAN="2" STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Fair value hierarchy</B></FONT></TD>
    <TD ROWSPAN="2" STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Maturity</B></FONT></TD></TR>
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    <TD COLSPAN="2" STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Notional value</B></FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Asset Position (Liability)</B></FONT></TD></TR>
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    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>06.30.2025</B></FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>12.31.2024</B></FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>06.30.2025</B></FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>12.31.2024</B></FONT></TD>
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    <TD STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Derivatives not designated for hedge accounting</B></FONT></TD>
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    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Foreign exchange rate risk <SUP>(1)</SUP></FONT></TD>
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    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">488</FONT></TD>
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    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(76)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(105)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Level 2</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2029</FONT></TD></TR>
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    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Short position/Foreign currency forwards (BRL/USD)</FONT></TD>
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    <TD STYLE="border-bottom: #F2F2F2 1pt solid; background-color: white; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">20</FONT></TD>
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    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Level 2</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2025</FONT></TD></TR>
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    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Swap - IPCA X CDI</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">R$ 3,008</FONT></TD>
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    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">43</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">17</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Level 2</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2029/2034</FONT></TD></TR>
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    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Future contracts - Crude oil and oil products <SUP>(2)</SUP></FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,121</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,450)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">11</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(13)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Level 1</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2025</FONT></TD></TR>
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    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">SWAP - Soybean oil <SUP>(3)</SUP></FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(11)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Level 2</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2025</FONT></TD></TR>
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    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 10pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Options - Long put/ Soybean oil <SUP>(3)</SUP></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(3)</FONT></TD>
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    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Level 2</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2025</FONT></TD></TR>
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    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Total open derivative transactions</B></FONT></TD>
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    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(21)</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(101)</B></FONT></TD>
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    <TD STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt; color: #675C53">(1) Amounts in US$ and R$ are presented in millions.</FONT></TD>
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    <TD COLSPAN="7" STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt; color: #675C53">(2) Notional value in thousands of bbl.</FONT></TD></TR>
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<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; font: 9pt Arial,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS</B></P><P STYLE="text-align: left; font: 9pt Arial; margin: 0; color: #008542">PETROBRAS</P><P STYLE="text-align: left; font: italic 9pt Arial; margin: 0; color: #008542">(Expressed in millions of US Dollars, unless otherwise indicated)&#9;</P><!-- Field: Rule-Page --><DIV STYLE="margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: #008542 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --><P STYLE="font: 9pt Arial; margin: 0; color: #008542">&nbsp;</P></TD></TR></TABLE></DIV>
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<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">Commercial derivatives require guarantees, accounted
for as other assets and/or other liabilities.</P>

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    <TD COLSPAN="5" STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Guarantees given as collateral</B></FONT></TD></TR>
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    <TD STYLE="width: 64%; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
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    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>06.30.2025</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>12.31.2024</B></FONT></TD></TR>
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    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Commodity derivatives</FONT></TD>
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    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">39</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">69</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>

<P STYLE="font: 11pt/115% Arial,sans-serif; margin: 12pt 0; text-align: justify; color: #008542"><B>Equity</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="5" STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Cumulative losses in other comprehensive income (shareholders&rsquo; equity) </B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 64%; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>06.30.2025</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>12.31.2024</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Hedge accounting</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Cash flow hedge on exports - Note 26.4.1 (a)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(21,321)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(30,845)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Deferred income taxes</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">7,247</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">10,485</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(14,074)</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(20,360)</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 12pt"><B>26.4.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 12pt"><B>Market risks</B></FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 12pt"><B>26.4.1.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 11pt"><B>Foreign exchange rate risk management</B></FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 11pt"><B>a)</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 11pt"><B>Cash flow hedge involving the
Company&rsquo;s future exports</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">The Company uses hedge accounting for the risk
arising from foreign exchange rate variations of &ldquo;highly probable future exports&rdquo; (hedged item) by means of foreign exchange
rate variations of proportions of certain obligations denominated in U.S. dollars (hedging instruments).</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">The carrying amounts, the fair value as of June
30, 2025, and a schedule of expected reclassifications to the statement of income of cumulative losses recognized in other comprehensive
income (shareholders&rsquo; equity) based on a US$&nbsp;1.00 / R$&nbsp;5.4571 exchange rate are set out below:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD COLSPAN="4" STYLE="padding-right: 3pt; padding-left: 3pt">
    <P STYLE="font: 8pt Arial,sans-serif; margin: 0; text-align: right; color: #006298"><B>Present value of hedging instrument notional
    value at</B></P>
    <P STYLE="font: 8pt Arial,sans-serif; margin: 0; text-align: right; color: #006298"><B>06.30.2025</B></P></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="width: 29%; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Hedging Instrument</B></FONT></TD>
    <TD STYLE="width: 24%; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Hedged Transactions</B></FONT></TD>
    <TD STYLE="width: 15%; padding-right: 3pt; padding-left: 3pt">
    <P STYLE="font: 8pt Arial,sans-serif; margin: 0; color: #006298"><B>Nature</B></P>
    <P STYLE="font: 8pt Arial,sans-serif; margin: 0; color: #006298"><B>of the Risk</B></P></TD>
    <TD STYLE="width: 10%; padding-right: 3pt; padding-left: 3pt">
    <P STYLE="font: 8pt Arial,sans-serif; margin: 0; color: #006298"><B>Maturity</B></P>
    <P STYLE="font: 8pt Arial,sans-serif; margin: 0; color: #006298"><B>Date</B></P></TD>
    <TD STYLE="width: 11%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>US$ million</B></FONT></TD>
    <TD STYLE="width: 11%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>R$ million</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Foreign exchange rate gains and losses on proportion of non-derivative financial instruments cash flows</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Foreign exchange rate gains and losses of highly probable future monthly exports revenues</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt">
    <P STYLE="font: 8pt Arial,sans-serif; margin: 0; color: #675C53">Foreign Currency</P>
    <P STYLE="font: 8pt Arial,sans-serif; margin: 0; color: #675C53">&ndash; Real vs U.S. Dollar</P>
    <P STYLE="font: 8pt Arial,sans-serif; margin: 0; color: #675C53">Spot Rate</P></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">July 2025 to June 2035</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">70,052</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">382,279</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 78%; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Changes in the present value of hedging instrument notional value</B></FONT></TD>
    <TD STYLE="width: 11%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>US$ million</B></FONT></TD>
    <TD STYLE="width: 11%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>R$ million</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Amounts designated as of December 31, 2024</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">65,900</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">408,073</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Additional hedging relationships designated, designations revoked and hedging instruments re-designated</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">16,495</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">94,522</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Exports affecting the statement of income</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(6,413)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(37,215)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Principal repayments / amortization</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(5,930)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(34,112)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Foreign exchange rate variations</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">-</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(48,989)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Amounts designated as of June 30, 2025</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>70,052</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>382,279</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Nominal value of hedging instrument (finance debt and lease liability) at June 30, 2025</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>92,116</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>502,689</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">In the six-month period ended June 30, 2025, the
Company recognized a US$&nbsp;130 gain within foreign exchange rate gains (losses) due to ineffectiveness (a US$&nbsp;90 loss in the same
period of 2024).</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">The average ratio of future exports for which cash
flow hedge accounting was designated to the highly probable future exports is 77.82%.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">A roll-forward schedule of cumulative foreign exchange
rate losses recognized in equity to be realized by future exports is set out below:</P>


<!-- Field: Page; Sequence: 48 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->47<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; font: 9pt Arial,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS</B></P><P STYLE="text-align: left; font: 9pt Arial; margin: 0; color: #008542">PETROBRAS</P><P STYLE="text-align: left; font: italic 9pt Arial; margin: 0; color: #008542">(Expressed in millions of US Dollars, unless otherwise indicated)&#9;</P><!-- Field: Rule-Page --><DIV STYLE="margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: #008542 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --><P STYLE="font: 9pt Arial; margin: 0; color: #008542">&nbsp;</P></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="vertical-align: bottom; width: 82%; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Jan-Jun/2025</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Jan-Jun/2024</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Opening balance</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(30,845)</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(18,210)</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Recognized in equity</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">8,304</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(8,649)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Reclassified to the statement of income</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,220</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,297</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Other comprehensive income (loss)</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>9,524</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(7,352)</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Closing balance</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(21,321)</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(25,562)</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">Additional hedging relationships may be revoked
or additional reclassification adjustments from equity to the statement of income may occur as a result of changes in forecasted export
prices and export volumes following future revisions of the Company&rsquo;s business plans. A sensitivity analysis considering a US$&nbsp;10/barrel
decrease in Brent prices stress scenario, when compared to the Brent price projections in the Business Plan 2025-2029, would not indicate
a reclassification&nbsp;from equity to the statement of income.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">A schedule of expected reclassification of cumulative
foreign exchange rate losses recognized in other comprehensive income to the statement of income as of June 30, 2025, is set out below:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 37%; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>2025</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>2026</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>2027</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>2028</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>2029</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>2030 onwards</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Total</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Expected realization</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(2,653)</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(5,242)</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(5,542)</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(3,732)</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(3,217)</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(935)</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(21,321)</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 11pt"><B>b)</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 11pt"><B>Derivative financial instruments
not designated for hedge accounting </B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">In September 2019, Petrobras contracted a cross-currency
swap aiming to protect against exposure arising from the 7<SUP>th</SUP> issuance of debentures, for IPCA x CDI operations, maturing in
September 2029 and September 2034, and for CDI x U.S. Dollar operations, maturing in September 2029.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">The methodology used to calculate the fair value
of this swap operation consists of calculating the future value of the operations, using rates agreed in each contract and the projections
of the interest rate curves, IPCA coupon and foreign exchange coupon, discounting to present value using the risk-free rate. Curves are
obtained from Bloomberg based on forward contracts traded in stock exchanges.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">The mark-to-market is adjusted to the credit risk
of the financial institutions, which is not relevant in terms of financial volume, since the Company makes contracts with highly rated
banks.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">Changes in interest rate forward curves (CDI interest
rate) may affect the Company's results, due to the market value of these swap contracts. In preparing a sensitivity analysis for these
curves, a parallel shock was estimated based on the average maturity of these swap contracts, in the scope of the Company&rsquo;s Risk
Management Policy, which resulted in a 527 basis point effect on the estimated interest rate. The effect of this sensitivity analysis,
keeping all other variables constant, is shown in the following table:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Financial Instruments</B></FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Reasonably possible scenario</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 81%; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Swap CDI x USD</FONT></TD>
    <TD STYLE="width: 9%; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 10%; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">17</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 11pt"><B>c)</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 11pt"><B>Sensitivity analysis for foreign
exchange rate risk on financial instruments</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">The sensitivity analysis only covers the exchange
rate variation and maintains all other variables constant. The probable scenario is referenced on external sources like Focus bulletin
and Thomson Reuters, making use of the exchange rate forecast for the end of the following year, as follows:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif">U.S. dollar x real - a 5.45% depreciation of the
real;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif">euro x U.S. dollar - a 1.54 % appreciation of the
euro;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif">pound sterling x U.S. dollar - a 0.56 % appreciation
of the pound sterling;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif">renminbi x U.S. dollar &ndash; a 0.76 % appreciation
of the renminbi.</FONT></TD></TR></TABLE>


<!-- Field: Page; Sequence: 49 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->48<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; font: 9pt Arial,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS</B></P><P STYLE="text-align: left; font: 9pt Arial; margin: 0; color: #008542">PETROBRAS</P><P STYLE="text-align: left; font: italic 9pt Arial; margin: 0; color: #008542">(Expressed in millions of US Dollars, unless otherwise indicated)&#9;</P><!-- Field: Rule-Page --><DIV STYLE="margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: #008542 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --><P STYLE="font: 9pt Arial; margin: 0; color: #008542">&nbsp;</P></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">The reasonably possible scenario has the same references
and considers the risk of a 20% depreciation of the closing exchange rate of the quarter against the reference currency, except for assets
and liabilities of foreign subsidiaries, when transacted in a currency equivalent to their respective functional currencies.</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="vertical-align: bottom; width: 23%; border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Risk</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 33%; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Financial Instruments</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 11%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Exposure at&nbsp;&nbsp;&nbsp;06.30.2025</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 11%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Exposure in R$ million</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 11%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Probable Scenario</B></FONT></TD>
    <TD STYLE="width: 11%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Reasonably possible scenario</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Dollar/Real</B></FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Assets</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">4,425</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">24,145</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">241</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">885</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Liabilities</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(115,324)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(629,336)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(6,281)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(23,065)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Exchange rate - Cross currency swap</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(488)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(2,664)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(27)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(98)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Cash flow hedge on exports</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">70,052</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">382,279</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3,815</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">14,010</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(41,335)</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(225,576)</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(2,252)</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(8,268)</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Euro/Dollar</B></FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Assets</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,186</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">6,470</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">18</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">237</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Liabilities </FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,724)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(9,409)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(27)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(345)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(538)</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(2,939)</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(9)</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(108)</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Pound/Dollar</B></FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Assets</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,018</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">5,555</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">6</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">204</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Liabilities</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(2,007)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(10,950)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(11)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(401)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(989)</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(5,395)</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(5)</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(197)</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Renminbi /Dollar</B></FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Assets</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Liabilities </FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(488)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(2,661)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(4)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(97)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(487)</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(2,658)</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(4)</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(97)</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Others <SUP>(1)</SUP></B></FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Assets</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">44</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">239</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">10</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(8)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Liabilities</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(67)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(368)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(4)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(14)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(23)</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(129)</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>6</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(22)</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD COLSPAN="2" STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Total at June 30, 2025</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(43,372)</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(236,697)</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(2,264)</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(8,692)</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="4" STYLE="padding-right: 3pt; padding-left: 3pt; text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt; color: #675C53">(1) Pound sterling/real, euro/real and peso/U.S. dollar.</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: justify">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 12pt"><B>26.4.2.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 11pt"><B>Risk management of products prices
- crude oil and oil products and other commodities</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">The Company is exposed to commodity price cycles,
and it may use derivative instruments to hedge exposures related to prices of products purchased and sold to fulfill operational needs
and in specific circumstances depending on business environment analysis and assessment of whether the targets of the Business Plan are
being met.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">The Company, by use of its assets, positions and
market knowledge from its operations in Brazil and abroad, may seek to optimize some of its commercial operations in the international
market, with the use of commodity derivatives to manage price risk.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">The probable scenario uses market references, used
in pricing models for oil, oil products and natural gas markets, and takes into account the closing price of the asset on June 30, 2025.
Therefore, no effect is considered arising from outstanding operations in this scenario. The reasonably possible scenario reflects the
potential effects on the statement of income from outstanding transactions, considering a variation in the closing price of 20%. To simulate
the most unfavorable scenarios, the variation was applied to each asset according to open transactions: price decrease for long positions
and increase for short positions.</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 47%; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Financial Instruments</B></FONT></TD>
    <TD STYLE="width: 35%; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Risk</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Probable scenario</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Reasonably possible scenario</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Derivatives not designated for hedge accounting</B></FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Crude oil and oil products - price changes</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Future and forward contracts (Swap)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(69)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Soybean oil - price changes</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Future and forward contracts (Swap)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(3)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Soybean oil - price changes</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Option</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Foreign currency - depreciation BRL x USD</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Forward contracts</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>&#8722;</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>(74)</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/115% Arial,sans-serif; margin: 0; text-align: justify">The positions with commodity derivatives are presented
in note 26.3.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 12pt"><B>26.4.3.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 11pt"><B>Interest rate risk management</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">The Company considers that interest rate risk does
not create significant exposure and, therefore, preferably does not use derivative financial instruments to manage interest rate risk,
except for specific situations faced by certain subsidiaries of Petrobras.</P>


<!-- Field: Page; Sequence: 50 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->49<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; font: 9pt Arial,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS</B></P><P STYLE="text-align: left; font: 9pt Arial; margin: 0; color: #008542">PETROBRAS</P><P STYLE="text-align: left; font: italic 9pt Arial; margin: 0; color: #008542">(Expressed in millions of US Dollars, unless otherwise indicated)&#9;</P><!-- Field: Rule-Page --><DIV STYLE="margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: #008542 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --><P STYLE="font: 9pt Arial; margin: 0; color: #008542">&nbsp;</P></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">In this sensitivity analysis, the probable scenario
represents the amounts to be disbursed by Petrobras relating to the payment of interest on debts linked to floating rates as of June 30,
2025. The reasonably possible scenario represents the disbursement if there is a 40% change on these rates, keeping all other variables
constant.</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="width: 47%; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Risk</B></FONT></TD>
    <TD STYLE="width: 35%; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Sensitivity effect on the results</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt">
    <P STYLE="font: 8pt Arial,sans-serif; margin: 0; text-align: right; color: #006298"><B>Reasonably possible</B></P>
    <P STYLE="font: 8pt Arial,sans-serif; margin: 0; text-align: right; color: #006298"><B>scenario</B></P></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Finance debt</B></FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">CDI</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">705</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">987</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">SOFR 3M <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">125</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">162</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">SOFR 6M<SUP>&nbsp;(1)</SUP></FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">74</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">88</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">SOFR O/N <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">78</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">109</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">IPCA</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">116</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">162</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">TJLP</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">65</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">90</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">LPR 12M <SUP>(2)</SUP></FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">15</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">21</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">TR</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">5</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">6</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>1,183</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>1,625</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="4" STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt; color: #675C53">(1) Secured Overnight Financing Rate.</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="4" STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt; color: #675C53">(2) Loan Prime Rate.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 12pt"><B>26.5.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 12pt"><B>Liquidity risk management</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">The possibility of a shortage of cash to settle
the Company&rsquo;s obligations on the agreed dates is managed by the Company. The Company mitigates its liquidity risk by defining reference
parameters for treasury management and by periodically analyzing the risks associated to the projected cash flow, quantifying its main
risks through Monte Carlo simulations. These risks include oil prices, exchange rates, gasoline and diesel international prices, among
others. In this way, the Company is able to predict cash needs for its operational continuity and for the execution of its business plan.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">Management believes that its current working capital
is sufficient for the Company's present requirements. In the event that the Company presents negative net working capital, management
believes it does not compromise the Company's liquidity since Petrobras maintains revolving credit facilities contracted as a liquidity
reserve to be used in adverse scenarios (see note 23.5).</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">Additionally, the Company regularly assesses market
conditions and may enter into transactions to repurchase its own securities or those of its subsidiaries, through a variety of means,
including tender offers, make whole exercises and open market repurchases, since they are in line with the Company's liability management
strategy, in order to improve its debt repayment profile and cost of debt.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">The expected cash flows of finance debt and lease
liabilities are presented in notes 23.4 and 24, respectively.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 12pt"><B>26.6.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 12pt"><B>Credit risk</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">Credit risk management in Petrobras aims to mitigate
risk of not collecting receivables, financial deposits or collateral from third parties or financial institutions through the analysis,
granting and management of credit, based on quantitative and qualitative parameters that are appropriate for each market segment in which
the Company operates.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify"><FONT STYLE="font-family: Arial,sans-serif">As
of June 30, 2025, the financial assets of cash and cash equivalents and of marketable securities are not past due nor considered to be
credit impaired, presenting fair values </FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&#8203;&#8203;</FONT><FONT STYLE="font-family: Arial,sans-serif">that
are equivalent to or do not differ significantly from their carrying amounts.</FONT></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">The effect of credit risk assessments on trade
receivables is available in notes 9.2 and 9.3, which present expected credit losses.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 13pt"><B><A NAME="a_032"></A>27.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 13pt"><B>Related party transactions</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">The Company has a policy for related party transactions,
which is annually revised and approved by the Board of Directors in accordance with the Company&rsquo;s by-laws.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">The related-party transactions policy also aims
to ensure an adequate and diligent decision-making process for the Company&rsquo;s key management.</P>


<!-- Field: Page; Sequence: 51 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->50<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; font: 9pt Arial,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS</B></P><P STYLE="text-align: left; font: 9pt Arial; margin: 0; color: #008542">PETROBRAS</P><P STYLE="text-align: left; font: italic 9pt Arial; margin: 0; color: #008542">(Expressed in millions of US Dollars, unless otherwise indicated)&#9;</P><!-- Field: Rule-Page --><DIV STYLE="margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: #008542 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --><P STYLE="font: 9pt Arial; margin: 0; color: #008542">&nbsp;</P></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 12pt"><B>27.1.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 12pt"><B>Transactions with joint ventures,
associates, government entities and pension plans</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">The Company has engaged, and expects to continue
to engage, in the ordinary course of business in numerous transactions with joint ventures, associates, pension plans, as well as with
the Company&rsquo;s controlling shareholder, the Brazilian Federal Government, which include transactions with banks and other entities
under its control, such as financing and banking, asset management and other transactions.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">The balances of significant transactions are set
out in the following table:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: #F4F4F4">
    <TD STYLE="width: 64%; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>06.30.2025</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>12.31.2024</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F4F4F4">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Assets</B></FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Liabilities</B></FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Assets</B></FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Liabilities</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Joint ventures and associates</B></FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Petrochemical companies (associates)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">71</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">7</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">65</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Other associates and joint ventures</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">86</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">12</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">52</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">15</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Subtotal</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">157</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">19</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">117</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">16</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Brazilian government &ndash; Parent and its controlled entities </B></FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Government bonds</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">716</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,114</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Banks controlled by the Brazilian Government</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">15,163</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">4,261</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">12,030</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,675</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Brazilian Federal Government <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">883</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,046</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Pr&eacute;-Sal Petr&oacute;leo S.A. &ndash; PPSA</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">25</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">79</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Others</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">185</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">101</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">235</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">85</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Subtotal</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">16,064</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">5,270</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">13,379</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3,885</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Petros</FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">51</FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">266</FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">44</FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">234</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>16,272</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>5,555</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>13,540</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>4,135</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Current</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,747</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,186</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,557</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,382</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Non-Current</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">14,525</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">4,369</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">11,983</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,753</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="5" STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt; color: #675C53">(1) It includes amounts related to lease liability.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">The income/expenses of significant transactions
are set out in the following table:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: #F4F4F4">
    <TD STYLE="width: 64%; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>2025</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>2024</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>2025</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>2024</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F4F4F4">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Jan-Jun</B></FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Jan-Jun</B></FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Apr-Jun</B></FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Apr-Jun</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Joint ventures and associates</B></FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Petrochemical companies (associates)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,650</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,720</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">838</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">893</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Other associates and joint ventures</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">21</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">29</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">10</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">9</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Subtotal</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,671</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,749</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">848</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">902</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Brazilian government &ndash; Parent and its controlled entities </B></FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Government bonds</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">59</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">84</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">29</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">38</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Banks controlled by the Brazilian Government</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(91)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">11</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(46)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(5)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Petroleum and alcohol account - receivables from the Brazilian Government</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">7</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Brazilian Federal Government</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(58)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(127)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(33)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(99)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Pr&eacute;-Sal Petr&oacute;leo S.A. &ndash; PPSA</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(230)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(98)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">24</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(107)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Others</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(127)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(93)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(60)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(83)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Subtotal</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(447)</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(216)</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(86)</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(253)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Petros</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(9)</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(10)</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(5)</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(5)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Total - Income (Expenses)</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>1,215</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>1,523</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>757</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>644</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Revenues, mainly sales revenues</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,661</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,740</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">844</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">899</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Purchases and services</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">6</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">3</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Income (expenses)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(358)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(201)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(38)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(196)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Foreign exchange and inflation indexation charges, net</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(33)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(140)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(18)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(113)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Finance income (expenses), net</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(55)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">118</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(31)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">51</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F2F2F2">
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Total - Income (Expenses)</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>1,215</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>1,523</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>757</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>644</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">The liability related to pension plans of the Company's
employees and managed by the Petros Foundation, including debt instruments, is presented in note 13.</P>


<!-- Field: Page; Sequence: 52 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->51<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; font: 9pt Arial,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS</B></P><P STYLE="text-align: left; font: 9pt Arial; margin: 0; color: #008542">PETROBRAS</P><P STYLE="text-align: left; font: italic 9pt Arial; margin: 0; color: #008542">(Expressed in millions of US Dollars, unless otherwise indicated)&#9;</P><!-- Field: Rule-Page --><DIV STYLE="margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: #008542 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --><P STYLE="font: 9pt Arial; margin: 0; color: #008542">&nbsp;</P></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 12pt"><B>27.2.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 12pt"><B>Compensation of key management
personnel</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">The criteria for compensation of members of the
Board of Directors and the Board Executive Officers is based on the guidelines established by the Secretariat of Management and Governance
of the State-owned Companies (SEST) of the Ministry of Management and Innovation in Public Services, and by the Ministry of Mines and
Energy. The total compensation is set out as follows:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Parent Company</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F4F4F4">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Jan-Jun/2025</B></FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Jan-Jun/2024</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #F4F4F4">
    <TD STYLE="width: 48%; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 8%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Executive Officers</B></FONT></TD>
    <TD STYLE="width: 10%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Board of Directors</B></FONT></TD>
    <TD STYLE="width: 8%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Total</B></FONT></TD>
    <TD STYLE="width: 8%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Executive Officers</B></FONT></TD>
    <TD STYLE="width: 10%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Board of Directors</B></FONT></TD>
    <TD STYLE="width: 8%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Total</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Wages and short-term benefits </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1.4</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">0.2</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1.6</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1.5</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">0.2</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1.7</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Social security and other employee-related taxes </FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">0.4</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">0.4</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">0.4</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">0.4</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Post-employment benefits (pension plan)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">0.2</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">0.2</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">0.2</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">0.2</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Variable compensation</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1.3</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1.3</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Benefits due to termination of tenure</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">0.1</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">0.1</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">0.1</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">&#8722;</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">0.1</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #008542 1pt solid; background-color: #F4F4F4; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Total compensation recognized in the statement of income</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; background-color: #F2F2F2; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>2.1</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; background-color: #F2F2F2; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>0.2</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; background-color: #F2F2F2; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>2.3</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; background-color: #F2F2F2; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>3.5</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; background-color: #F2F2F2; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>0.2</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; background-color: #F2F2F2; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>3.7</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #008542 1pt solid; background-color: #F4F4F4; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Total compensation paid <SUP>(1)</SUP></B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; background-color: #F2F2F2; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>3.7</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; background-color: #F2F2F2; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>0.2</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; background-color: #F2F2F2; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>3.9</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; background-color: #F2F2F2; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>3.8</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; background-color: #F2F2F2; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>&#8722;</B></FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; background-color: #F2F2F2; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>3.8</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Monthly average number of members</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">8.83</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">11.00</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">19.83</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">9.00</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">11.00</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1.5pt outset; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">20.00</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Monthly average number of paid members</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">8.83</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">9.00</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">17.83</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">9.00</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">7.33</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">16.33</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="7" STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7pt; color: #675C53">(1) It includes variable compensation for Executive Officers relating to previous periods.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">In the six-month period ended June 30, 2025, expenses
related to compensation of the board members and executive officers of Petrobras amounted to US$&nbsp;6.5 (US$&nbsp;7.2 for the same period
of 2024).</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">The compensation of the Advisory Committees to
the Board of Directors is separate from the fixed compensation set for the Board Members and, therefore, has not been classified under
compensation of Petrobras&rsquo; key management personnel.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">In accordance with Brazilian regulations applicable
to companies controlled by the Brazilian Federal Government, Board members who are also members of the Statutory Audit Committees are
only compensated with respect to their Audit Committee duties. The total compensation concerning these members was US$&nbsp;115 thousand
for the six-month period ended June 30, 2025 (US$&nbsp;136 thousand with tax and social security costs). For the same period of 2024,
the total compensation concerning these members was US$&nbsp;163 thousand (US$&nbsp;194 thousand with tax and social security costs).</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">On April 16, 2025, the Company&rsquo;s Annual Shareholders&rsquo;
Meeting set the threshold for the overall compensation for executive officers and board members at US$&nbsp;8.3, R$&nbsp;47.57 million,
from April 2025 to March 2026 (US$&nbsp;8.6, R$&nbsp;43.21 million, from April 2024 to March 2025, as approved on April 25, 2024).</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 13pt"><B><A NAME="a_033"></A>28.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 13pt"><B>Supplemental information on statement
of cash flows</B></FONT></TD></TR></TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: #F4F4F4">
    <TD STYLE="width: 82%; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Jan-Jun/2025</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Jan-Jun/2024</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Amounts paid/received during the period:</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Withholding income tax paid on behalf of third-parties</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">860</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">905</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>Transactions&nbsp;&nbsp;not involving cash</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Purchase of property, plant and equipment on credit</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">211</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">154</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Lease</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">8,155</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">2,981</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Provision for decommissioning costs</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">6</FONT></TD>
    <TD STYLE="border-bottom: rgb(242,242,242) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">66</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Use of tax credits and judicial deposits for the payment of contingency</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">114</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">63</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Earnout related to Atapu and S&eacute;pia fields</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">49</FONT></TD>
    <TD STYLE="border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">105</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>


<!-- Field: Page; Sequence: 53 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->52<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><P STYLE="text-align: left; font: 9pt Arial,sans-serif; margin: 0; color: #008542"><B>NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS</B></P><P STYLE="text-align: left; font: 9pt Arial; margin: 0; color: #008542">PETROBRAS</P><P STYLE="text-align: left; font: italic 9pt Arial; margin: 0; color: #008542">(Expressed in millions of US Dollars, unless otherwise indicated)&#9;</P><!-- Field: Rule-Page --><DIV STYLE="margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: #008542 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --><P STYLE="font: 9pt Arial; margin: 0; color: #008542">&nbsp;</P></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 12pt"><B>28.1.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 12pt"><B>Reconciliation of Depreciation,
depletion and amortization with Statements of Cash Flows</B></FONT></TD></TR></TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="width: 82%; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Jan-Jun/2025</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Jan-Jun/2024</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Depreciation and depletion of Property, plant and equipment</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">8,345</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">7,639</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Amortization of Intangible assets</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">72</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">67</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Capitalized depreciation</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,387)</FONT></TD>
    <TD STYLE="border-bottom: #F2F2F2 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(1,119)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Depreciation of right of use - recovery of PIS/COFINS</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(86)</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">(87)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Depreciation, depletion and amortization in the Statements of Cash Flows</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>6,944</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,134,66) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>6,500</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 12pt; color: #008542"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><A NAME="a_034"></A><FONT STYLE="font-family: Calibri, Helvetica, Sans-Serif; font-size: 13pt"><B>29.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial,sans-serif; font-size: 13pt"><B>Subsequent events</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify; color: #008542"><B>Distribution of remuneration
to shareholders</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">On August 7, 2025, Petrobras&rsquo;s Board of Directors
approved the distribution of remuneration to shareholders in the amount of US$&nbsp;1,585 or R$&nbsp;8,660 million (US$&nbsp;0.1230 per
outstanding preferred and common shares, or R$&nbsp;0.6719), based on the net income for the three-month period ended June 30, 2025, considering
the application of the Shareholder Remuneration Policy formula, as presented in the following table:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="width: 56%; border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 12%; border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt">
    <P STYLE="font: 8pt Arial,sans-serif; margin: 0; text-align: right; color: #006298"><B>Date of approval</B></P>
    <P STYLE="font: 8pt Arial,sans-serif; margin: 0; text-align: right; color: #006298"><B>by the Board of Directors</B></P></TD>
    <TD STYLE="vertical-align: bottom; width: 10%; border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Date of record</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 12%; border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Amount per common and preferred share</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 10%; border-bottom: #008542 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #006298"><B>Amount</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Interim dividends</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">08.07.2025</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">08.21.2025</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">0.0368</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">474</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">Interim interest on capital</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">08.07.2025</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">08.21.2025</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">0.0862</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53">1,111</FONT></TD></TR>
  <TR STYLE="background-color: #F2F2F2">
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #008542"><B>Total anticipated dividends</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>0.1230</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Arial,sans-serif; font-size: 8pt; color: #675C53"><B>1,585</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 3pt/115% Arial,sans-serif; margin: 0; text-align: justify; color: red"><B>&nbsp;</B></P>

<P STYLE="font: 3pt/115% Arial,sans-serif; margin: 0; color: #548DD4"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 12pt; text-align: justify">These dividends and interest on capital will be
paid in two equal installments, on November 21, 2025 and December 22, 2025, and will be deducted from the remuneration that will be distributed
to shareholders relating to the fiscal year 2025. The amounts will be adjusted by the SELIC rate from the date of payment of each installment
until the end of the referred fiscal year, on December 31, 2025.</P>


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<P STYLE="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 1pt 0"><A NAME="a_035"></A><IMG SRC="image_003.jpg" ALT="">&nbsp;</P>

<P STYLE="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 1pt 0">&nbsp;</P>

<P STYLE="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 1pt 0">KPMG Auditores Independentes Ltda.</P>

<P STYLE="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 1pt 0">Rua do Passeio, 38 - Setor 2 - 17&ordm; andar - Centro</P>

<P STYLE="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 1pt 0">20021-290 - Rio de Janeiro/RJ - Brasil</P>

<P STYLE="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 1pt 0">Caixa Postal 2888 - CEP 20001-970 - Rio de Janeiro/RJ - Brasil</P>

<P STYLE="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 1pt 0">Telefone +55 (21) 2207-9400</P>

<P STYLE="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 1pt 0">kpmg.com.br</P>

<P STYLE="font: 10pt/14pt Arial, Helvetica, Sans-Serif; margin: 1pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 16pt Arial, Helvetica, Sans-Serif; margin: 0"><B>Report of Independent Registered Public Accounting Firm</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">To Shareholders and Board of Directors of</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Petr&oacute;leo Brasileiro S.A. &ndash; Petrobras</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Rio de Janeiro - RJ</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0"><B>Results of Review of Condensed Consolidated Interim Financial Statements</B></P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 0 10pt">We have reviewed the condensed consolidated statement of financial
position of Petr&oacute;leo Brasileiro S.A. - Petrobras and subsidiaries (the &ldquo;Company&rdquo;) as of June 30, 2025, the related
condensed consolidated statements of income and comprehensive income for the three and six-month periods ended June 30, 2025 and 2024,
the related condensed consolidated statements of changes in shareholders&rsquo; equity and cash flows for the six-month period ended June
30, 2025 and 2024, and the related notes (collectively, the condensed consolidated interim financial statements). Based on our review,
we are not aware of any material modifications that should be made to the condensed consolidated interim financial statements for them
to be in accordance with IAS 34 - Interim Financial Reporting, as issued by the International Accounting Standards Board (IASB).</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0">We have previously audited, in accordance with the standards of the Public
Company Accounting Oversight Board (United States) (PCAOB), the consolidated statement of financial position of the Company as of December
31, 2024, and the related consolidated statements of income, comprehensive income, changes in shareholders&rsquo; equity, and cash flows
for the year then ended (not presented herein); and in our report dated April 3, 2025, we expressed an unqualified opinion on those consolidated
financial statements. In our opinion, the information set forth in the accompanying condensed consolidated statement of financial position
as of December 31, 2024, is fairly stated, in all material respects, in relation to the consolidated statement of financial position from
which it has been derived.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0"><B>Basis for Review Results</B></P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 0 10pt">These condensed consolidated interim financial statements are
the responsibility of the Company&rsquo;s management. We are a public accounting firm registered with the PCAOB and are required to be
independent with respect to the Company in accordance with the U.S. federal securities laws and the applicable rules and regulations of
the Securities and Exchange Commission and the PCAOB.</P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 0 10pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 51%; padding-right: 5.4pt; padding-left: 8.5pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 5.5pt; color: #A6A6A6">KPMG Auditores Independentes Ltda., uma sociedade simples brasileira, de responsabilidade limitada e firma-membro da organiza&ccedil;&atilde;o global KPMG de firmas-membro independentes licenciadas da KPMG International Limited, <BR>
uma empresa inglesa privada de responsabilidade limitada.</FONT></TD>
    <TD STYLE="width: 49%; padding-right: 5.4pt; padding-left: 8.5pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 5.5pt; color: #A6A6A6"><I>KPMG Auditores Independentes Ltda., a Brazilian limited liability company and a member firm of the KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee.</I></FONT></TD></TR>
  </TABLE>

<!-- Field: Page; Sequence: 55; Options: Last -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->54<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><IMG SRC="image_003.jpg" ALT="">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0">We conducted our reviews in accordance with the standards of the PCAOB.
A review of condensed consolidated interim financial statements consists principally of applying analytical procedures and making inquiries
of persons responsible for financial and accounting matters. It is substantially less in scope than an audit conducted in accordance
with the standards of the PCAOB, the objective of which is the expression of an opinion regarding the financial statements taken as a
whole. Accordingly, we do not express such an opinion.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;<IMG SRC="image_004.jpg" ALT=""></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0">/s/ KPMG Auditores Independentes Ltda.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0">Rio de Janeiro - RJ</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0">August 7, 2025</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 51%; padding-right: 5.4pt; padding-left: 8.5pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 5.5pt; color: #A6A6A6">KPMG Auditores Independentes Ltda., uma sociedade simples brasileira, de responsabilidade limitada e firma-membro da organiza&ccedil;&atilde;o global KPMG de firmas-membro independentes licenciadas da KPMG International Limited, <BR>
uma empresa inglesa privada de responsabilidade limitada.</FONT></TD>
    <TD STYLE="width: 49%; padding-right: 5.4pt; padding-left: 8.5pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 5.5pt; color: #A6A6A6"><I>KPMG Auditores Independentes Ltda., a Brazilian limited liability company and a member firm of the KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee.</I></FONT></TD></TR>
  </TABLE>

<!-- Field: Page; Sequence: 56; Options: Last -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->55<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt/107% Arial,sans-serif; margin: 0 0 8pt"></P>

<P STYLE="font: 14.5pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>SIGNATURES</B></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0">Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.</P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0 0 12pt">Date:&nbsp;August 7, 2025</P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0 0 12pt">&nbsp;</P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right"><B>PETR&Oacute;LEO BRASILEIRO S.A&ndash;PETROBRAS<BR>
<BR>
</B>By: /s/&nbsp;<FONT STYLE="color: #222222; background-color: white">Fernando Sabbi Melgarejo</FONT></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right">______________________________</P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right; color: #222222"><FONT STYLE="background-color: white">Fernando Sabbi Melgarejo</FONT></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right">Chief Financial Officer and Investor Relations
Officer</P>

<P STYLE="font: 11pt/12.65pt Calibri, Helvetica, Sans-Serif; margin: 0 0 10pt">&nbsp;</P>

<P STYLE="font: 11pt/107% Arial,sans-serif; margin: 0 0 8pt">&nbsp;</P>


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