<SEC-DOCUMENT>0001292814-25-004008.txt : 20251117
<SEC-HEADER>0001292814-25-004008.hdr.sgml : 20251117
<ACCEPTANCE-DATETIME>20251117160934
ACCESSION NUMBER:		0001292814-25-004008
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20250930
FILED AS OF DATE:		20251117
DATE AS OF CHANGE:		20251117

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:		251491172

	BUSINESS ADDRESS:	
		ADDRESS IS A NON US LOCATION: 	YES
		STREET 1:		AVENIDA REPUBLICA DO CHILE 65
		CITY:			RIO DE JANERIO RJ BR
		PROVINCE COUNTRY:   	D5
		BUSINESS PHONE:		55-21-534-4477

	MAIL ADDRESS:	
		ADDRESS IS A NON US LOCATION: 	YES
		STREET 1:		AVENIDA REPUBLICA DO CHILE 65
		CITY:			RIO DE JANERIO RJ BR
		PROVINCE COUNTRY:   	D5

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BRAZILIAN PETROLEUM CORP
		DATE OF NAME CHANGE:	20000717
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>pbrrmf3q25usd_6k.htm
<DESCRIPTION>6-K
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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
November, 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>

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

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    <TD>
    <P STYLE="font: 36pt Arial,sans-serif; margin: 0; color: #006298"><B>Financial Information</B></P>
    <P STYLE="font: 36pt Arial,sans-serif; margin: 0; color: #006298"><B>Jan-Sep/2025</B></P>
    <P STYLE="font: 28pt Petrobras Sans,sans-serif; margin: 0; color: #FDC82F"><B>&mdash;</B></P>
    <P STYLE="font: 22pt Petrobras Sans,sans-serif; margin: 0; color: #675C53"><I>&nbsp;</I></P></TD></TR>
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<P STYLE="font: 11pt/115% Calibri,sans-serif; margin: 0 0 10pt">&nbsp;</P>

<P STYLE="font: 11pt/115% Petrobras Sans,sans-serif; margin: 0 0 10pt; color: #767171"><B>&nbsp;</B></P>

<P STYLE="font: 11pt/115% Petrobras Sans,sans-serif; margin: 0 0 10pt; color: #767171"><B>B3: PETR3 (ON) | PETR4 (PN)</B></P>

<P STYLE="font: 11pt/115% Petrobras Sans,sans-serif; margin: 0 0 10pt; color: #767171"><B>NYSE: PBR (ON) | PBRA (PN)</B></P>

<P STYLE="font: 11pt/115% Petrobras Sans,sans-serif; margin: 0 0 10pt; color: #767171"><B>&nbsp;</B></P>

<P STYLE="font: 11pt/115% Petrobras Sans,sans-serif; margin: 0 0 10pt; color: #767171"><B>www.petrobras.com.br/ir</B></P>

<P STYLE="font: 11pt/115% Petrobras Sans,sans-serif; margin: 0 0 10pt; color: #767171"><B>petroinvest@petrobras.com.br</B></P>

<P STYLE="font: 11pt/115% Petrobras Sans,sans-serif; margin: 0 0 10pt; color: #767171"><B>+ 55 21 3224-1510</B></P>

<P STYLE="font: 11pt/115% Petrobras Sans,sans-serif; margin: 0 0 10pt; color: #767171"><B>&nbsp;</B></P>

<P STYLE="font: 11pt/115% Petrobras Sans,sans-serif; margin: 0 0 10pt; color: #767171"><B>&nbsp;</B></P>

<P STYLE="font: 11pt/115% Petrobras Sans,sans-serif; margin: 0 0 10pt; text-align: justify; color: #767171"><B>&nbsp;</B></P>

<P STYLE="font: 11pt/115% Petrobras Sans,sans-serif; margin: 0 0 10pt; text-align: justify; color: #767171"><B>&nbsp;</B></P>

<P STYLE="font: 11pt/115% Petrobras Sans,sans-serif; margin: 0 0 10pt; text-align: justify; color: #767171"><B>&nbsp;</B></P>

<P STYLE="font: 11pt/115% Petrobras Sans,sans-serif; margin: 0 0 10pt; text-align: justify; color: #767171"><B>&nbsp;</B></P>

<P STYLE="font: 11pt/115% Petrobras Sans,sans-serif; margin: 0 0 10pt; text-align: justify; color: #767171"><B>&nbsp;</B></P>

<P STYLE="font: 11pt/115% Petrobras Sans,sans-serif; margin: 0 0 10pt; text-align: justify; color: #767171"><B></B></P>

<P STYLE="font: 11pt/115% Petrobras Sans,sans-serif; margin: 0 0 10pt; text-align: justify; color: #767171"><B>Disclaimer</B></P>

<P STYLE="font: 11pt/115% Petrobras Sans,sans-serif; margin: 0 0 10pt; text-align: justify; color: #767171"><B>&nbsp;</B></P>

<P STYLE="font: 8pt Petrobras Sans,sans-serif; text-align: justify; margin-right: 0; margin-left: 0; color: #767171">This presentation
contains some financial indicators that are not recognized by GAAP or the IFRS Accounting Standards. The indicators presented herein do
not have standardized meanings and may not be comparable to indicators with a similar description used by others. We provide these indicators
because we use them as measures of company performance and liquidity; they should not be considered in isolation or as a substitute for
other financial metrics that have been disclosed in accordance with the IFRS Accounting Standards. See definitions of Adjusted EBITDA,
LTM Adjusted EBITDA, Adjusted Cash and Cash Equivalents, Net Debt, Gross Debt, Free Cash Flow, and Leverage in the Glossary and their
reconciliations in the sections Liquidity and Capital Resources, Reconciliation of LTM Adjusted EBITDA, Net Debt/LTM Adjusted EBITDA Metrics
and Consolidated Debt.</P>


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<P STYLE="font: 11pt/115% Calibri,sans-serif; margin: 0 0 10pt; text-align: center">&nbsp;</P>

<P STYLE="font: 11pt/115% Petrobras Sans,sans-serif; margin: 0 0 10pt"><B>TABLE OF CONTENTS</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR>
    <TD STYLE="width: 90%; background-color: white; padding-right: 3.5pt; padding-left: 3.5pt; text-align: justify; font-family: Calibri,sans-serif"><A HREF="#a_001"><FONT STYLE="font-family: Petrobras Sans,sans-serif">CONSOLIDATED RESULTS </FONT></A></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; width: 10%; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="background-color: white; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 22pt; font-family: Calibri,sans-serif"><A HREF="#a_002"><FONT STYLE="font-family: Petrobras Sans,sans-serif">Key Financial Information</FONT></A></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><A HREF="#a_002"><FONT STYLE="font-family: Petrobras Sans,sans-serif">4</FONT></A></TD></TR>
  <TR>
    <TD STYLE="background-color: white; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 22pt; font-family: Calibri,sans-serif"><A HREF="#a_003"><FONT STYLE="font-family: Petrobras Sans,sans-serif">Sales Revenues </FONT></A></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><A HREF="#a_003"><FONT STYLE="font-family: Petrobras Sans,sans-serif">4</FONT></A></TD></TR>
  <TR>
    <TD STYLE="background-color: white; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 22pt; font-family: Calibri,sans-serif"><A HREF="#a_004"><FONT STYLE="font-family: Petrobras Sans,sans-serif">Cost of Sales</FONT></A></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><A HREF="#a_004"><FONT STYLE="font-family: Petrobras Sans,sans-serif">5</FONT></A></TD></TR>
  <TR>
    <TD STYLE="background-color: white; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 22pt; font-family: Calibri,sans-serif"><A HREF="#a_005"><FONT STYLE="font-family: Petrobras Sans,sans-serif">Income (Expenses)</FONT></A></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><A HREF="#a_005"><FONT STYLE="font-family: Petrobras Sans,sans-serif">5</FONT></A></TD></TR>
  <TR>
    <TD STYLE="background-color: white; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 22pt; font-family: Calibri,sans-serif"><A HREF="#a_006"><FONT STYLE="font-family: Petrobras Sans,sans-serif">Net finance income (expense) &nbsp;</FONT></A></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><A HREF="#a_006"><FONT STYLE="font-family: Petrobras Sans,sans-serif">6</FONT></A></TD></TR>
  <TR>
    <TD STYLE="background-color: white; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 22pt; font-family: Calibri,sans-serif"><A HREF="#a_007"><FONT STYLE="font-family: Petrobras Sans,sans-serif">Income taxes</FONT></A></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><A HREF="#a_007"><FONT STYLE="font-family: Petrobras Sans,sans-serif">6</FONT></A></TD></TR>
  <TR>
    <TD STYLE="background-color: white; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 22pt; font-family: Calibri,sans-serif"><A HREF="#a_008"><FONT STYLE="font-family: Petrobras Sans,sans-serif">Net Income attributable to shareholders of Petrobras</FONT></A></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><A HREF="#a_008"><FONT STYLE="font-family: Petrobras Sans,sans-serif">7</FONT></A></TD></TR>
  <TR>
    <TD STYLE="background-color: white; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 22pt; font-family: Calibri,sans-serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="background-color: white; padding-right: 3.5pt; padding-left: 3.5pt; text-align: justify; font-family: Calibri,sans-serif"><A HREF="#a_009"><FONT STYLE="font-family: Petrobras Sans,sans-serif">CAPITAL EXPENDITURES (CAPEX)</FONT></A></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><A HREF="#a_009"><FONT STYLE="font-family: Petrobras Sans,sans-serif">7</FONT></A></TD></TR>
  <TR>
    <TD STYLE="background-color: white; padding-right: 3.5pt; padding-left: 3.5pt; text-align: justify; font-family: Calibri,sans-serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="background-color: white; padding-right: 3.5pt; padding-left: 3.5pt; text-align: justify; font-family: Calibri,sans-serif"><A HREF="#a_010"><FONT STYLE="font-family: Petrobras Sans,sans-serif">LIQUIDITY AND CAPITAL RESOURCES</FONT></A></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><A HREF="#a_010"><FONT STYLE="font-family: Petrobras Sans,sans-serif">8</FONT></A></TD></TR>
  <TR>
    <TD STYLE="background-color: white; padding-right: 3.5pt; padding-left: 3.5pt; text-align: justify; font-family: Calibri,sans-serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="background-color: white; padding-right: 3.5pt; padding-left: 3.5pt; text-align: justify; font-family: Calibri,sans-serif"><A HREF="#a_011"><FONT STYLE="font-family: Petrobras Sans,sans-serif">CONSOLIDATED DEBT</FONT></A></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><A HREF="#a_011"><FONT STYLE="font-family: Petrobras Sans,sans-serif">9</FONT></A></TD></TR>
  <TR>
    <TD STYLE="background-color: white; padding-right: 3.5pt; padding-left: 3.5pt">
    <P STYLE="font: 11pt Petrobras Sans,sans-serif; margin: 0; text-align: justify">&nbsp;</P>
    <P STYLE="font: 11pt Petrobras Sans,sans-serif; margin: 0; text-align: justify"><A HREF="#a_012">RECONCILIATION OF ADJUSTED EBITDA, LTM ADJUSTED EBITDA AND NET DEBT/LTM ADJUSTED EBITDA METRICS</A></P></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="background-color: white; padding-left: 17.55pt; text-align: justify; font-family: Calibri,sans-serif"><A HREF="#a_013"><FONT STYLE="font-family: Petrobras Sans,sans-serif">Adjusted EBITDA and Net cash provided by operating activities &ndash; OCF</FONT></A></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-left: 17.55pt; text-align: right; font-family: Calibri,sans-serif"><A HREF="#a_013"><FONT STYLE="font-family: Petrobras Sans,sans-serif">10</FONT></A></TD></TR>
  <TR>
    <TD STYLE="background-color: white; padding-left: 17.55pt; text-align: justify; font-family: Calibri,sans-serif"><A HREF="#a_014"><FONT STYLE="font-family: Petrobras Sans,sans-serif">LTM Adjusted EBITDA and LTM Net cash provided by operating activities - OCF</FONT></A></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-left: 17.55pt; text-align: right; font-family: Calibri,sans-serif"><A HREF="#a_014"><FONT STYLE="font-family: Petrobras Sans,sans-serif">11</FONT></A></TD></TR>
  <TR>
    <TD STYLE="background-color: white; padding-right: 3.5pt; padding-bottom: 6pt; padding-left: 3.5pt; text-align: justify; font-family: Calibri,sans-serif; line-height: 115%"><A HREF="#a_015"><FONT STYLE="font-family: Petrobras Sans,sans-serif">Adjusted Cash and Cash Equivalents, Gross Debt, Net Debt, Net Cash provided by Operating Activities (LTM OCF), LTM Adjusted EBITDA, Gross Debt Net of Cash and Cash Equivalents/LTM OCF and Net Debt/LTM Adjusted EBITDA Metrics</FONT></A></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><A HREF="#a_015"><FONT STYLE="font-family: Petrobras Sans,sans-serif">12</FONT></A></TD></TR>
  <TR>
    <TD STYLE="background-color: white; padding-right: 3.5pt; padding-left: 3.5pt; text-align: justify; font-family: Calibri,sans-serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="background-color: white; padding-right: 3.5pt; padding-left: 3.5pt; text-align: justify; font-family: Calibri,sans-serif"><A HREF="#a_016"><FONT STYLE="font-family: Petrobras Sans,sans-serif">RESULTS BY OPERATING BUSINESS SEGMENTS</FONT></A></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="background-color: white; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 22pt; font-family: Calibri,sans-serif"><A HREF="#a_017"><FONT STYLE="font-family: Petrobras Sans,sans-serif">Exploration and Production (E&amp;P)</FONT></A></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif; text-indent: 22pt"><A HREF="#a_017"><FONT STYLE="font-family: Petrobras Sans,sans-serif">13</FONT></A></TD></TR>
  <TR>
    <TD STYLE="background-color: white; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 22pt; font-family: Calibri,sans-serif"><A HREF="#a_018"><FONT STYLE="font-family: Petrobras Sans,sans-serif">Refining, Transportation and Marketing</FONT></A></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><A HREF="#a_018"><FONT STYLE="font-family: Petrobras Sans,sans-serif">14</FONT></A></TD></TR>
  <TR>
    <TD STYLE="background-color: white; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 22pt; font-family: Calibri,sans-serif"><A HREF="#a_019"><FONT STYLE="font-family: Petrobras Sans,sans-serif">Gas and Low Carbon Energies<FONT STYLE="font-size: 9pt; background-color: white">&nbsp;</FONT></FONT></A></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><A HREF="#a_019"><FONT STYLE="font-family: Petrobras Sans,sans-serif">15</FONT></A></TD></TR>
  <TR>
    <TD STYLE="background-color: white; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="background-color: white; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><A HREF="#a_020"><FONT STYLE="font-family: Petrobras Sans,sans-serif">GLOSSARY</FONT></A></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><A HREF="#a_020"><FONT STYLE="font-family: Petrobras Sans,sans-serif">16</FONT></A></TD></TR>
  </TABLE>

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<P STYLE="font: bold 12pt Petrobras Sans,sans-serif; margin: 6pt 0; text-align: justify"><A NAME="a_001"></A>CONSOLIDATED RESULTS</P>

<P STYLE="font: 10pt Petrobras Sans,sans-serif; margin: 0; text-align: justify">The main functional currency of the Petrobras Group (the
&ldquo;Company&rdquo;) is the Brazilian real, which is the functional currency of the parent company and its Brazilian subsidiaries. As
the presentation currency of the Petrobras Group is the U.S. dollar, the results of operations in Brazilian reais are translated into
U.S. dollars using the average exchange rates prevailing on a monthly basis.</P>

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

<P STYLE="font: 11pt Petrobras Sans,sans-serif; margin: 0; text-align: justify"><B><A NAME="a_002"></A>Key Financial Information</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR STYLE="background-color: #006299">
    <TD STYLE="white-space: nowrap; border-right: white 1pt solid; border-bottom: #006298 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: white"><B>US$&nbsp;million</B></FONT></TD>
    <TD STYLE="border-right: white 1pt solid; border-bottom: #006298 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: white"><B>Jan-Sep/2025</B></FONT></TD>
    <TD STYLE="border-right: white 1pt solid; border-bottom: #006298 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: white"><B>Jan-Sep/2024 </B></FONT></TD>
    <TD STYLE="border-right: white 1pt solid; border-bottom: #006298 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt">
    <P STYLE="font: 9pt Petrobras Sans,sans-serif; margin: 0; text-align: center; color: white"><B>Change </B></P>
    <P STYLE="font: 9pt Petrobras Sans,sans-serif; margin: 0; text-align: center; color: white"><B>(%)</B></P></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; background-color: white; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Sales revenues</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">65,587</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">70,601</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; background-color: white; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(7.1)</FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Cost of Sales</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(33,970)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(34,612)</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(1.9)</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Gross profit</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">31,617</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">35,989</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(12.1)</FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Income (expenses)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(11,016)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(11,900)</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(7.4)</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Net income attributable to the shareholders of Petrobras</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">16,735</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">10,308</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">62.3</FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Net cash provided by operating activities</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">25,885</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">29,780</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(13.1)</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Adjusted EBITDA</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">31,416</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">33,234</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(5.5)</FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Average Brent crude (US$/bbl) <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">70.85</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">82.79</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(14.4)</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Average Domestic basic oil products price (US$/bbl)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">84.68</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">91.76</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(7.7)</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt">
    <P STYLE="font: 7pt Petrobras Sans,sans-serif; margin: 0; text-align: justify">(1) <FONT STYLE="color: windowtext">Source: Refinitiv.</FONT></P>
    <P STYLE="font: 9pt Petrobras Sans,sans-serif; margin: 0">&nbsp;</P></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif">&nbsp;</TD></TR>
  <TR STYLE="background-color: #006299">
    <TD STYLE="border-right: white 1pt solid; border-bottom: #006298 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: white"><B>US$&nbsp;million</B></FONT></TD>
    <TD STYLE="border-right: white 1pt solid; border-bottom: #006298 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: white"><B>09.30.2025</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: white 1pt solid; border-bottom: #006298 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: white"><B>12.31.2024</B></FONT></TD>
    <TD STYLE="border-right: white 1pt solid; border-bottom: #006298 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt">
    <P STYLE="font: 9pt Petrobras Sans,sans-serif; margin: 0; text-align: center; color: white"><B>Change </B></P>
    <P STYLE="font: 9pt Petrobras Sans,sans-serif; margin: 0; text-align: center; color: white"><B>(%)</B></P></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Gross Debt</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>70,711</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>60,311</B></FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: black">17.2</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Net Debt</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>59,053</B></FONT></TD>
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: black"><B>52,240</B></FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: black">13.0</FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Net Debt/LTM Adjusted EBITDA ratio</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman,serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">1.53</FONT></TD>
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: black">1.29</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: black">18.6</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman,serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="width: 61%">&nbsp;</TD>
    <TD STYLE="width: 13%">&nbsp;</TD>
    <TD STYLE="width: 13%">&nbsp;</TD>
    <TD STYLE="width: 13%">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 11pt Petrobras Sans,sans-serif; margin: 0; text-align: justify"><B><A NAME="a_003"></A>Sales Revenues</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR>
    <TD STYLE="border-top: white 1pt solid; border-right: white 1pt solid; border-bottom: #006299 1pt solid; border-left: white 1pt solid; background-color: #365F91; padding-right: 3pt; padding-left: 3pt; font-family: Calibri,sans-serif; width: 61%"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: white"><B>US$&nbsp;million</B></FONT></TD>
    <TD STYLE="border-right: white 1pt solid; border-bottom: #006298 1pt solid; font: 10pt Times New Roman,serif; background-color: #365F91; padding-right: 3pt; padding-left: 3pt; text-align: center; width: 13%"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: white"><B>Jan-Sep/2025</B></FONT></TD>
    <TD STYLE="border-right: white 1pt solid; border-bottom: #006298 1pt solid; font: 10pt Times New Roman,serif; background-color: #365F91; padding-right: 3pt; padding-left: 3pt; text-align: center; width: 13%"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: white"><B>Jan-Sep/2024 </B></FONT></TD>
    <TD STYLE="border-right: white 1pt solid; background-color: #365F91; padding-right: 3pt; padding-left: 3pt; width: 13%">
    <P STYLE="font: 9pt Petrobras Sans,sans-serif; margin: 0; text-align: center; color: white"><B>Change </B></P>
    <P STYLE="font: 9pt Petrobras Sans,sans-serif; margin: 0; text-align: center; color: white"><B>(%)</B></P></TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: bottom; background-color: #D9D9D9; padding-right: 3pt; padding-left: 3pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Diesel</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">19,870</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">21,086</FONT></TD>
    <TD STYLE="border-top: #006298 1pt solid; background-color: #D9D9D9; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: black">(5.8)</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Gasoline</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">9,121</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">9,418</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: black">(3.2)</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: bottom; background-color: #D9D9D9; padding-right: 3pt; padding-left: 3pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Liquefied petroleum gas (LPG)</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">2,558</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">2,400</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: black">6.6 </FONT></TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Jet fuel</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">3,244</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">3,477</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: black">(6.7)</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: bottom; background-color: #D9D9D9; padding-right: 3pt; padding-left: 3pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Naphtha</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">1,275</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">1,390</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: black">(8.3)</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Fuel oil (including bunker fuel)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">433</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">786</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: black">(44.9)</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: bottom; background-color: #D9D9D9; padding-right: 3pt; padding-left: 3pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Other oil products</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">2,839</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">3,304</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: black">(14.1)</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-top: #006299 1pt solid; border-bottom: #006299 1pt solid; padding-right: 3pt; padding-left: 3pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>Subtotal Oil Products</B></FONT></TD>
    <TD STYLE="border-top: #006299 1pt solid; border-bottom: #006299 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>39,340</B></FONT></TD>
    <TD STYLE="border-top: #006299 1pt solid; border-bottom: #006299 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>41,861</B></FONT></TD>
    <TD STYLE="border-top: #006298 1pt solid; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: black"><B>(6.0)</B></FONT></TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: bottom; background-color: #D9D9D9; padding-right: 3pt; padding-left: 3pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Natural gas</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">2,877</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">3,610</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: black">(20.3)</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Crude oil</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">3,518</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">3,421</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: black">2.8 </FONT></TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: bottom; background-color: #D9D9D9; padding-right: 3pt; padding-left: 3pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Renewables and nitrogen products</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">171</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">147</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: black">16.3 </FONT></TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Breakage</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">137</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">362</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: black">(62.2)</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: bottom; background-color: #D9D9D9; padding-right: 3pt; padding-left: 3pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Electricity</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">525</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">509</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: black">3.1 </FONT></TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Services, agency and others</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">537</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">641</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: black">(16.2)</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-top: #006299 1pt solid; border-bottom: #006299 1pt solid; background-color: #D9D9D9; padding-right: 3pt; padding-left: 3pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>Total domestic market</B></FONT></TD>
    <TD STYLE="border-top: #006299 1pt solid; border-bottom: #006299 1pt solid; background-color: #D9D9D9; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>47,105</B></FONT></TD>
    <TD STYLE="border-top: #006299 1pt solid; border-bottom: #006299 1pt solid; background-color: #D9D9D9; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>50,551</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; background-color: #D9D9D9; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: black"><B>(6.8)</B></FONT></TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Exports </FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">17,952</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">19,358</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: black">(7.3)</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: bottom; background-color: #D9D9D9; padding-right: 3pt; padding-left: 3pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">&nbsp;&nbsp;&nbsp;Crude oil</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">13,670</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">14,701</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: black">(7.0)</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">&nbsp;&nbsp;&nbsp;Fuel oil (including bunker fuel)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">3,470</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">3,726</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: black">(6.9)</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: bottom; background-color: #D9D9D9; padding-right: 3pt; padding-left: 3pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">&nbsp;&nbsp;&nbsp;Other oil products and other products</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">812</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">931</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: black">(12.8)</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Sales abroad <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">530</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">692</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: black">(23.4)</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-top: #006299 1pt solid; border-bottom: #006299 1pt solid; background-color: #D9D9D9; padding-right: 3pt; padding-left: 3pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>Total foreign market</B></FONT></TD>
    <TD STYLE="border-top: #006299 1pt solid; border-bottom: #006299 1pt solid; background-color: #D9D9D9; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>18,482</B></FONT></TD>
    <TD STYLE="border-top: #006299 1pt solid; border-bottom: #006299 1pt solid; background-color: #D9D9D9; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>20,050</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; background-color: #D9D9D9; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: black"><B>(7.8)</B></FONT></TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #006299 1pt solid; padding-right: 3pt; padding-left: 3pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>Sales revenues</B></FONT></TD>
    <TD STYLE="border-bottom: #006299 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>65,587</B></FONT></TD>
    <TD STYLE="border-bottom: #006299 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>70,601</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: black"><B>(7.1)</B></FONT></TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="4" STYLE="padding-right: 3pt; padding-left: 3pt"><P STYLE="font: 7pt Petrobras Sans,sans-serif; margin: 0; text-align: justify">(1) <FONT STYLE="color: windowtext">Sales revenues from operations outside of Brazil, including trading and excluding exports.</FONT></P>


</TD>
    </TR>
  </TABLE>
<P STYLE="font: 11pt Petrobras Sans,sans-serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>



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<P STYLE="font: 10pt/115% Petrobras Sans,sans-serif; margin: 0 0 6pt; text-align: justify">Sales revenues were US$&nbsp;65,587 million
for the period Jan-Sep/2025, a 7.1% decrease (US$&nbsp;5,014 million) when compared to US$&nbsp;70,601 million for the period Jan-Sep/2024,
mainly due to:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/115% Calibri,sans-serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt"></TD><TD STYLE="width: 17.85pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 10pt">(i)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 10pt">a US$&nbsp;2,521 million decrease
in domestic market oil products revenues, which derives from a US$&nbsp;3,126 million decrease in average domestic basic oil products
prices following the reduction in average international prices for diesel and gasoline, which was partially offset by a US$&nbsp;605 million
increase in sales volumes; </FONT></TD></TR></TABLE>

<P STYLE="font: 6pt/115% Petrobras Sans,sans-serif; margin: 0 0 0 35.7pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/115% Calibri,sans-serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt"></TD><TD STYLE="width: 17.85pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 10pt">(ii)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 10pt">a US$&nbsp;1,031 million decrease
in exported crude oil revenues, which derives from a US$&nbsp;2,204 million decrease in the average price of crude oil exports following
the depreciation of average Brent crude prices, partly offset by a US$&nbsp;1,173 million increase in sales volumes; and</FONT></TD></TR></TABLE>

<P STYLE="font: 6pt/115% Petrobras Sans,sans-serif; margin: 0 0 0 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/115% Calibri,sans-serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt"></TD><TD STYLE="width: 17.85pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 10pt">(iii)</FONT></TD><TD><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 10pt">a US$ 733 million decrease in domestic market natural gas revenues,
which derives from a US$ 397 million decrease in sale volumes and a US$ 336 million decrease in average domestic price of natural gas.</FONT></TD></TR></TABLE>

<P STYLE="font: 11pt Petrobras Sans,sans-serif; margin: 0; text-align: justify"><B><A NAME="a_004"></A>Cost of Sales </B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR>
    <TD STYLE="border-top: white 1pt solid; border-right: white 1pt solid; border-left: white 1pt solid; font: 10pt Times New Roman,serif; background-color: #365F91; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: white"><B>US$&nbsp;million</B></FONT></TD>
    <TD STYLE="border-top: white 1pt solid; border-right: white 1pt solid; font: 10pt Times New Roman,serif; background-color: #365F91; padding-right: 3pt; padding-left: 3pt; text-align: center"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: white"><B>Jan-Sep/2025</B></FONT></TD>
    <TD STYLE="border-top: white 1pt solid; border-right: white 1pt solid; font: 10pt Times New Roman,serif; background-color: #365F91; padding-right: 3pt; padding-left: 3pt; text-align: center"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: white"><B>Jan-Sep/2024</B></FONT></TD>
    <TD STYLE="border-right: white 1pt solid; background-color: #365F91; padding-right: 3pt; padding-left: 3pt">
    <P STYLE="font: 9pt Petrobras Sans,sans-serif; margin: 0; text-align: center; color: white"><B>Change </B></P>
    <P STYLE="font: 9pt Petrobras Sans,sans-serif; margin: 0; text-align: center; color: white"><B>(%)</B></P></TD>
    </TR>
  <TR>
    <TD STYLE="width: 61%; border-bottom: Black 1pt solid; background-color: #D9D9D9; padding-right: 3pt; padding-left: 3pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>Raw material, products for resale, materials and third-party services<SUP>(1)</SUP></B></FONT></TD>
    <TD STYLE="width: 13%; border-bottom: Black 1pt solid; background-color: #D9D9D9; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>(16,245)</B></FONT></TD>
    <TD STYLE="width: 13%; border-bottom: Black 1pt solid; background-color: #D9D9D9; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>(16,930)</B></FONT></TD>
    <TD STYLE="width: 13%; border-bottom: Black 1pt solid; background-color: #D9D9D9; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>(4.0)</B></FONT></TD>
    </TR>
  <TR>
    <TD STYLE="font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>&nbsp;&nbsp;Acquisitions</B></FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>(11,132)</B></FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>(12,305)</B></FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>(9.5)</B></FONT></TD>
    </TR>
  <TR>
    <TD STYLE="font: 10pt Times New Roman,serif; background-color: #D9D9D9; padding-right: 3pt; padding-left: 10pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Crude oil imports</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(5,925)</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(7,135)</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(17.0)</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 10pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Oil products imports</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(4,489)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(3,981)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">12.8 </FONT></TD>
    </TR>
  <TR>
    <TD STYLE="font: 10pt Times New Roman,serif; background-color: #D9D9D9; padding-right: 3pt; padding-left: 10pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Natural gas imports</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(718)</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(1,189)</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(39.6)</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>&nbsp;&nbsp;Third-party services and others</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>(5,113)</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>(4,625)</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>10.6 </B></FONT></TD>
    </TR>
  <TR>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman,serif; background-color: #D9D9D9; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>Depreciation, depletion and amortization</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; background-color: #D9D9D9; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>(8,814)</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; background-color: #D9D9D9; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>(7,434)</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; background-color: #D9D9D9; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>18.6 </B></FONT></TD>
    </TR>
  <TR>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>Production taxes</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>(8,146)</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>(8,772)</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>(7.1)</B></FONT></TD>
    </TR>
  <TR>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman,serif; background-color: #D9D9D9; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>Employee compensation</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; background-color: #D9D9D9; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>(1,300)</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; background-color: #D9D9D9; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>(1,477)</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; background-color: #D9D9D9; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>(12.0)</B></FONT></TD>
    </TR>
  <TR>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>Inventory turnover</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>535</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>1</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>53,400.0 </B></FONT></TD>
    </TR>
  <TR>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman,serif; background-color: #D9D9D9; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; background-color: #D9D9D9; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>(33,970)</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; background-color: #D9D9D9; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>(34,612)</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; background-color: #D9D9D9; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>(1.9)</B></FONT></TD>
    </TR>
  <TR>
    <TD COLSPAN="4" STYLE="font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 7pt; color: black">(1) It Includes short-term leases. </FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt/115% Petrobras Sans,sans-serif; margin: 0 0 6pt; text-align: justify">Cost of sales was US$ 33,970 million for the
period Jan-Sep/2025, representing a 1.9% decrease (US$ 642 million) compared to US$ 34,612 million in Jan-Sep/2024. This reduction was
mainly driven by a US$ 1,210 million decrease in crude oil acquisitions, and a US$ 626 million decrease in production taxes, mainly reflecting
the lower average Brent crude prices. These effects were partially offset by a US$ 1,380 million increase in depreciation, depletion and
amortization during the period, mainly resulting from: (i) the start-up of the FPSOs Maria Quit&eacute;ria (Jubarte field, Campos basin)
and Marechal Duque de Caxias (Mero field, Santos basin) in October 2024; Almirante Tamandar&eacute; (B&uacute;zios field, Santos basin)
in February 2025; and Alexandre de Gusm&atilde;o (Mero field, Campos basin) in May 2025; and (ii) an increase in depreciation of capitalized
decommissioning costs, reflecting higher production and greater asset values in Jan-Sep/2025 compared to Jan-Sep/2024.</P>

<P STYLE="font: 11pt Petrobras Sans,sans-serif; margin: 0; text-align: justify"><B><A NAME="a_005"></A>Income (Expenses) </B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR STYLE="background-color: #006299">
    <TD STYLE="width: 61%; border-top: white 1pt solid; border-right: white 1pt solid; border-bottom: #006299 1pt solid; border-left: white 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: white"><B>US$&nbsp;million</B></FONT></TD>
    <TD STYLE="width: 13%; border-top: white 1pt solid; border-right: white 1pt solid; border-bottom: #006299 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: white"><B>Jan-Sep/2025</B></FONT></TD>
    <TD STYLE="width: 13%; border-top: white 1pt solid; border-right: white 1pt solid; border-bottom: #006299 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: white"><B>Jan-Sep/2024</B></FONT></TD>
    <TD STYLE="width: 13%; border-top: white 1pt solid; border-right: white 1pt solid; border-bottom: #006299 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt">
    <P STYLE="font: 9pt Petrobras Sans,sans-serif; margin: 0; text-align: center; color: white"><B>Change </B></P>
    <P STYLE="font: 9pt Petrobras Sans,sans-serif; margin: 0; text-align: center; color: white"><B>(%)</B></P></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Selling expenses</FONT></TD>
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(3,736)</FONT></TD>
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(3,794)</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: black">(1.5)</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">General and administrative expenses</FONT></TD>
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman,serif; background-color: white; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(1,409)</FONT></TD>
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman,serif; background-color: white; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(1,405)</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; font: 10pt Times New Roman,serif; background-color: white; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: black">0.3</FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Exploration costs</FONT></TD>
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(746)</FONT></TD>
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(715)</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: black">4.3</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Research and development expenses</FONT></TD>
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(628)</FONT></TD>
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(571)</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: black">10.0</FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Other taxes</FONT></TD>
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(399)</FONT></TD>
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(1,143)</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: black">(65.1)</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Impairment reversals, net</FONT></TD>
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">47</FONT></TD>
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">46</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: black">2.2</FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="white-space: nowrap; vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Other income and expenses, net</FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(4,145)</FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(4,318)</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; border-bottom: Black 1pt solid; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: black">(4.0)</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; border-bottom: #006299 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>Total</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: #006299 1pt solid; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>(11,016)</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: #006299 1pt solid; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>(11,900)</B></FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; border-bottom: #006299 1pt solid; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: black"><B>(7.4)</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 4pt/115% Petrobras Sans,sans-serif; margin: 0 0 10pt; text-align: justify">&nbsp;</P>



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<P STYLE="font: 10pt/115% Petrobras Sans,sans-serif; margin: 0 0 10pt; text-align: justify">Selling expenses were US$&nbsp;3,736 million
for the period Jan-Sep/2025, an 1.5% decrease (US$&nbsp;58 million) compared to US$&nbsp;3,794 million for the period Jan-Sep/2024, mainly
due to lower logistical expenses related to natural gas transportation.</P>

<P STYLE="font: 10pt/115% Petrobras Sans,sans-serif; margin: 0 0 10pt; text-align: justify">Exploration costs were US$&nbsp;746 million
for the period Jan-Sep/2025, a 4.3% increase (US$&nbsp;31 million) compared to US$&nbsp;715 million for the period Jan-Sep/2024, mainly
due to a write-off of exploration expenditures related to blocks C-M-753 and C-M-789 in the Campos Basin, following management assessment
that determined the projects were not economically feasible, leading to the decision to discontinue their development.</P>

<P STYLE="font: 10pt/115% Petrobras Sans,sans-serif; margin: 0 0 10pt; text-align: justify">Other taxes were US$&nbsp;399 million for
the period Jan-Sep/2025, a 65.1% decrease (US$&nbsp;744 million) compared to US$&nbsp;1,143 million for the period Jan-Sep/2024, mainly
due to enrollment to the tax settlement program in Jun/24, which enabled the resolution of significant legal disputes concerning the taxation
of remittances abroad involving chartering of vessels or platforms and their respective service contracts.</P>

<P STYLE="font: 11pt Petrobras Sans,sans-serif; margin: 0; text-align: justify"><B><A NAME="a_006"></A>Net finance income (expense) </B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR STYLE="background-color: #365F91">
    <TD STYLE="width: 61%; border-top: white 1pt solid; border-right: white 1pt solid; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: white"><B>US$&nbsp;million</B></FONT></TD>
    <TD STYLE="width: 13%; border-right: white 1pt solid; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: center"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: white"><B>Jan-Sep/2025</B></FONT></TD>
    <TD STYLE="width: 13%; border-right: white 1pt solid; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: center"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: white"><B>Jan-Sep/2024</B></FONT></TD>
    <TD STYLE="width: 13%; border-right: white 1pt solid; padding-right: 3pt; padding-left: 3pt">
    <P STYLE="font: 9pt Petrobras Sans,sans-serif; margin: 0; text-align: center; color: white"><B>Change </B></P>
    <P STYLE="font: 9pt Petrobras Sans,sans-serif; margin: 0; text-align: center; color: white"><B>(%)</B></P></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="white-space: nowrap; border-top: #006298 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>Finance income</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: #006298 1pt solid; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>1,056</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: #006298 1pt solid; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>1,520</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: #006298 1pt solid; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>(30.5)</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 9pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Income from investments and marketable securities (Government Bonds) </FONT></TD>
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">764</FONT></TD>
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">1,175</FONT></TD>
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(35.0)</FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 9pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Other finance income</FONT></TD>
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">292</FONT></TD>
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">345</FONT></TD>
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(15.4)</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>Finance expenses</B></FONT></TD>
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>(3,167)</B></FONT></TD>
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>(4,885)</B></FONT></TD>
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>(35.2)</B></FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 9pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Interest on finance debt</FONT></TD>
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(1,575)</FONT></TD>
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(1,628)</FONT></TD>
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(3.3)</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 9pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Unwinding of discount on lease liability</FONT></TD>
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(1,953)</FONT></TD>
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(1,648)</FONT></TD>
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">18.5</FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 9pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Capitalized borrowing costs</FONT></TD>
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">1,446</FONT></TD>
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">1,157</FONT></TD>
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">25.0</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 9pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Unwinding of discount on the provision for decommissioning costs</FONT></TD>
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(984)</FONT></TD>
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(772)</FONT></TD>
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">27.5</FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 9pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Tax settlement programs - federal taxes</FONT></TD>
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">&#8722;</FONT></TD>
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(1,804)</FONT></TD>
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">&#8722;</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 9pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Other finance expenses </FONT></TD>
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(101)</FONT></TD>
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(190)</FONT></TD>
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(46.8)</FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>Foreign exchange gains (losses) and inflation indexation charges</B></FONT></TD>
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>5,145</B></FONT></TD>
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>(5,724)</B></FONT></TD>
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>&#8722;</B></FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 9pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Foreign exchange gains (losses) </FONT></TD>
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">6,136</FONT></TD>
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(3,834)</FONT></TD>
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">&#8722;</FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 9pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">&nbsp;&nbsp;&nbsp;Real x U.S. dollar</FONT></TD>
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">6,282</FONT></TD>
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(3,747)</FONT></TD>
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">&#8722;</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 9pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">&nbsp;&nbsp;&nbsp;Other currencies</FONT></TD>
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(146)</FONT></TD>
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(87)</FONT></TD>
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">67.8</FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 9pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Reclassification of hedge accounting to the Statement of Income</FONT></TD>
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(1,659)</FONT></TD>
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(2,118)</FONT></TD>
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(21.7)</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 9pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Tax settlement programs - federal taxes</FONT></TD>
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">&#8722;</FONT></TD>
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(235)</FONT></TD>
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">&#8722;</FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">
    <P STYLE="font: 9pt Petrobras Sans,sans-serif; margin: 0; text-indent: 9pt">Indexation to the Selic interest rate of anticipated dividends
    and dividends</P>
    <P STYLE="font: 9pt Petrobras Sans,sans-serif; margin: 0; text-indent: 9pt">payable</P></TD>
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(129)</FONT></TD>
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(370)</FONT></TD>
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(65.1)</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 9pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Recoverable taxes inflation indexation income </FONT></TD>
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">199</FONT></TD>
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">77</FONT></TD>
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">158.4</FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 9pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Other foreign exchange gains and indexation charges, net </FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">598</FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">756</FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(20.9)</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 9pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>Total</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>3,034</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>(9,089)</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>&#8722;</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Petrobras Sans,sans-serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Petrobras Sans,sans-serif; margin: 0; text-align: justify">Net finance income amounted to US$ 3,034 million for the
period Jan-Sep/2025, representing an increase of US$ 12,123 million compared to a net finance expense of US$ 9,089 million recorded in
the same period of 2024, mainly due to a foreign exchange gain - Real x U.S. dollar of US$&nbsp;6,282 million in Jan-Sep/2025, as compared
to a US$&nbsp;3,747 million loss in Jan-Sep/2024 reflecting a 14.1% appreciation of the real/US$&nbsp;exchange rate in Jan-Sep/2025 (09/30/2025:
R$ 5.32/US$, 12/31/2024: R$ 6.19/US$) compared to a 12.5% depreciation in Jan-Sep/2024 (09/30/2024: R$ 5.45/US$, 12/31/2023: R$ 4.84/US$).</P>

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

<P STYLE="font: 11pt Petrobras Sans,sans-serif; margin: 0; text-align: justify"><B><A NAME="a_007"></A>Income taxes</B></P>

<P STYLE="font: 10pt Petrobras Sans,sans-serif; margin: 0; text-align: justify">Income tax was an expense of US$&nbsp;6,995 million in
Jan-Sep/2025, compared to an expense of US$&nbsp;4,325 million in Jan-Sep/2024. The increase was mainly due to higher net income before
income taxes (US$&nbsp;23,800 million of income in Jan-Sep/2025 compared to a US$&nbsp;14,696 million income in Jan-Sep/2024), resulting
in nominal income taxes computed based on Brazilian statutory corporate tax rates (34%) of US$&nbsp;8,091 million in Jan-Sep/2025 compared
to a US$&nbsp;4,996 million in Jan-Sep/2024.</P>

<P STYLE="font: 11pt Petrobras Sans,sans-serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Petrobras Sans,sans-serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Petrobras Sans,sans-serif; margin: 0; text-align: justify"><B><A NAME="a_008"></A>Net Income attributable to shareholders of Petrobras
</B></P>

<P STYLE="font: 10pt Petrobras Sans,sans-serif; margin: 6pt 0; text-align: justify">Net income attributable to shareholders of Petrobras
was US$&nbsp;16,735 million for the period Jan-Sep/2025, a US$&nbsp;6,427 million increase compared to a net income attributable to shareholders
of Petrobras of US$&nbsp;10,308 million for the period Jan-Sep/2024, as explained above, mainly due to higher net finance income (US$&nbsp;3,034
million of income in Jan-Sep/2025 compared to US$&nbsp;9,089 million of expenses in Jan-Sep/2024) and lower expenses (US$&nbsp;11,016
million of expenses in Jan-Sep/2025 compared to US$&nbsp;11,900 million of expenses in Jan-Sep/2024), partially offset by <FONT STYLE="font-size: 10pt">lower
gross profit (US$&nbsp;31,617 million in Jan-Sep/2025 compared to US$&nbsp;35,989 million in Jan-Sep/2024) and higher income taxes expenses
(US$&nbsp;6,995 million of expenses in Jan-Sep/2025 compared to US$&nbsp;4,325 million of expenses in Jan-Sep/2024).</FONT><BR STYLE="clear: both"></P>


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<P STYLE="font: bold 12pt Petrobras Sans,sans-serif; margin: 6pt 0; text-align: justify"><A NAME="a_009"></A>CAPITAL EXPENDITURES (CAPEX)</P>

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

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR STYLE="background-color: #365F91">
    <TD STYLE="width: 61%; border-top: white 1pt solid; border-right: white 1pt solid; border-bottom: #006298 1pt solid; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: white"><B>CAPEX (US$&nbsp;million)</B></FONT></TD>
    <TD STYLE="width: 13%; border-bottom: #006298 1pt solid; font: 10pt Times New Roman,serif; border-right: white 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: center"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: white"><B>Jan-Sep/2025</B></FONT></TD>
    <TD STYLE="width: 13%; border-bottom: #006298 1pt solid; font: 10pt Times New Roman,serif; border-right: white 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: center"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: white"><B>Jan-Sep/2024</B></FONT></TD>
    <TD STYLE="width: 13%; border-top: white 1pt solid; border-right: white 1pt solid; border-bottom: #006298 1pt solid; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: center"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: white"><B>Change (%)</B></FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Exploration and Production <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">11,894</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">9,034</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">31.7</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Refining, Transportation and Marketing</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">1,520</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">1,262</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">20.5</FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Gas and Low Carbon Energies</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">227</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">297</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(23.5)</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Corporate and Other businesses</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">365</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">298</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">22.5</FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>Total </B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>14,006</B></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>10,891</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>28.6</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 7.5pt Petrobras Sans,sans-serif; margin: 0; text-align: justify">(1) In Jan-Sep/2024, there is US$ 21 million of signature
bonuses related to the Pelotas Blocks.</P>

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

<P STYLE="font: 10pt Petrobras Sans,sans-serif; margin: 0; text-align: justify">In line with our Business Plan, our Capital Expenditures
were primarily directed toward investment projects which Management believes are most profitable, relating to oil and gas production.</P>

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

<P STYLE="font: 10pt Petrobras Sans,sans-serif; margin: 0; text-align: justify">In Jan-Sep/2025, Capital Expenditures in the E&amp;P segment
totaled US$&nbsp;11,894 million, representing 85.0% of the CAPEX of the Company, a 31.7% increase when compared to US$&nbsp;9,034 million
in Jan-Sep/2024, mainly due to the development of large projects in the pre-salt layer of the Santos Basin, especially in the B&uacute;zios,
Atapu and Sepia Fields. CAPEX in Jan-Sep/2025 were mainly concentrated on: (i) the development of production in the pre-salt layer of
the Santos Basin (US$&nbsp;6.5 billion); (ii) the development of production in the pre-salt and post-salt layers of the Campos Basin (US$&nbsp;2.7
billion); and (iii) exploratory investments (US$&nbsp;1.3 billion).</P>

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


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<P STYLE="font: bold 11pt Petrobras Sans,sans-serif; margin: 0 0 12pt"><A NAME="a_010"></A>LIQUIDITY AND CAPITAL RESOURCES</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR STYLE="background-color: #365F91">
    <TD STYLE="width: 74%; border-left: white 1pt solid; font: 10pt Times New Roman,serif; border-right: white 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: white"><B>US$&nbsp;million</B></FONT></TD>
    <TD STYLE="width: 13%; border-right: white 1pt solid; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: center"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: white"><B>Jan-Sep/2025</B></FONT></TD>
    <TD STYLE="width: 13%; border-right: white 1pt solid; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: center"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: white"><B>Jan-Sep/2024</B></FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="vertical-align: bottom; border-top: #006298 1pt solid; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>Adjusted Cash and Cash Equivalents at the beginning of the period</B></FONT></TD>
    <TD STYLE="border-top: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>8,071</B></FONT></TD>
    <TD STYLE="border-top: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>17,902</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Government bonds, bank deposit certificates and time deposits with maturities of more than three months at the beginning of the period </FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(4,800)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(5,175)</FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="border-top: rgb(0,98,152) 1pt solid; border-bottom: rgb(0,98,152) 1pt solid; font: 10pt Times New Roman,serif; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>Cash and cash equivalents at the beginning of the period</B></FONT></TD>
    <TD STYLE="border-top: rgb(0,98,152) 1pt solid; border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>3,271</B></FONT></TD>
    <TD STYLE="border-top: rgb(0,98,152) 1pt solid; border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>12,727</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>Net cash provided by operating activities</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>25,885</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>29,780</B></FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 20pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Acquisition of PP&amp;E and intangibles assets</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(12,933)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(10,215)</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 20pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Acquisition of equity interests</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(4)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(13)</FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 20pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Proceeds from disposal of assets &ndash; (Divestments)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">554</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">791</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 20pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Financial compensation from co-participation agreement</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">355</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">397</FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 20pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Dividends received</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">105</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">121</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 20pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Divestment (Investment) in marketable securities</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">2,830</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(1,179)</FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>Net cash used in investing activities</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>(9,093)</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>(10,098)</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>(=) Net cash provided by operating and investing activities</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>16,792</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>19,682</B></FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 30pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Proceeds from finance debt</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">5,315</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">1,553</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 30pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Repayments of finance debt</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(3,287)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(5,756)</FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 20pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Net change in finance debt</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">2,028</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(4,203)</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 20pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Repayment of lease liability</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(6,783)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(5,796)</FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 20pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Dividends paid to shareholders of Petrobras </FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(6,618)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(12,871)</FONT></TD></TR>
  <TR>
    <TD STYLE="font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 20pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Dividends paid to non-controlling interest</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(40)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(77)</FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 20pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Share repurchase program </FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">0</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(380)</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 20pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Changes in non-controlling interest</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">34</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(107)</FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>Net cash used in financing activities</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>(11,379)</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>(23,434)</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Effect of exchange rate changes on cash and cash equivalents</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">280</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(281)</FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>Cash and cash equivalents at the end of the period</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>8,964</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>8,694</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Government bonds, bank deposit certificates and time deposits with maturities of more than three months at the end of the period&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">2,694</FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">6,187</FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; font: 10pt Times New Roman,serif; vertical-align: bottom; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>Adjusted Cash and Cash Equivalents at the end of the period</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>11,658</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>14,881</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>Reconciliation of Free Cash Flow</B></FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif">&nbsp;</TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif">&nbsp;</TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Net cash provided by operating activities</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">25,885</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">29,780</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Acquisition of PP&amp;E and intangible assets</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(12,933)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(10,215)</FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Acquisition of equity interests</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(4)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(13)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>Free Cash Flow <SUP>(1)</SUP></B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>12,948</B></FONT></TD>
    <TD STYLE="border-bottom: rgb(0,98,152) 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>19,552</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 7pt Petrobras Sans,sans-serif; margin: 0; text-align: justify">(1) Free Cash Flow (FCF) is in accordance with the new
Shareholder Remuneration Policy (&ldquo;Policy&rdquo;), approved in July 2023, which is the result of the equation: FCF = net cash provided
by operating activities less the sum of acquisition of PP&amp;E and intangible assets and acquisition of equity interests.</P>

<P STYLE="font: 5pt Petrobras Sans,sans-serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9.5pt Petrobras Sans,sans-serif; margin: 0 0 6pt; text-align: justify">As of September 30, 2025, Cash and cash equivalents
amounted to US$&nbsp;8,964 million and Adjusted Cash and Cash Equivalents totaled US$&nbsp;11,658 million.</P>

<P STYLE="font: 9.5pt Petrobras Sans,sans-serif; margin: 0 0 6pt; text-align: justify">In the nine-month period ended September 30, 2025,
we had net cash provided by operating activities of US$&nbsp;25,885 million and positive Free Cash Flow of US$&nbsp;12,948 million. This
level of cash generation, together with proceeds from disposal of assets (divestments) of US$&nbsp;554 million, financial compensation
from co-participation agreements of US$&nbsp;355 million, dividends received of US$&nbsp;105 million, divestment in marketable securities
of US$&nbsp;2,830 million and proceeds from finance debt of US$&nbsp;5,315 million, were allocated to: (a) debt prepayments and payments
of principal and interest due in the period of US$&nbsp;3,287 million; (b) repayment of lease liability of US$&nbsp;6,783 million; (c)
dividends paid to shareholders of Petrobras of US$&nbsp;6,618 million; and (d) acquisition of PP&amp;E and intangibles assets of US$&nbsp;12,933
million.</P>

<P STYLE="font: 9.5pt Petrobras Sans,sans-serif; margin: 0 0 12pt; text-align: justify">In the nine-month period ended September 30, 2025,
the Company repaid several finance debts, in the amount of US$&nbsp;3,287 million, mainly consisting of: (i) US$&nbsp;1,898 million in
the banking market; (ii) US$&nbsp;905 million in the capital markets; (iii) US$&nbsp;377 million to export credit agencies; (iv) US$ 74
million&nbsp;to development banks; and (v) US$ 33 million&nbsp;to others.</P>

<P STYLE="font: 9.5pt Petrobras Sans,sans-serif; margin: 0 0 12pt; text-align: justify">In the nine-month period ended September 30, 2025,
the Company raised US$&nbsp;5,315 million, mainly consisting of: (i) public offering of debentures, in the amount of USS$ 516 million,
with maturities in 2035, 2040, and 2045; (ii) proceeds in the domestic banking market, in the amount of US$ 1,686 million; (iii) proceeds
in the international capital markets (global notes), in the amount of US$&nbsp;1,962 million, with maturities in 2030 and 2036; and (iv)
proceeds in the international banking market, in the amount of US$ 1,122 million.<BR STYLE="clear: both">
</P>


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<P STYLE="font: bold 11pt Petrobras Sans,sans-serif; margin: 0 0 12pt"><A NAME="a_011"></A>CONSOLIDATED DEBT</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR STYLE="background-color: #365F91">
    <TD STYLE="width: 61%; border: white 1pt solid; font: 10pt Times New Roman,serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: white"><B>Debt (US$&nbsp;million)</B></FONT></TD>
    <TD STYLE="width: 13%; border-top: white 1pt solid; border-right: white 1pt solid; border-bottom: white 1pt solid; font: 10pt Times New Roman,serif; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: white"><B>09.30.2025</B></FONT></TD>
    <TD STYLE="width: 13%; border-top: white 1pt solid; border-right: white 1pt solid; border-bottom: white 1pt solid; font: 10pt Times New Roman,serif; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: white"><B>12.31.2024</B></FONT></TD>
    <TD STYLE="width: 13%; border-top: white 1pt solid; border-right: white 1pt solid; border-bottom: white 1pt solid; font: 10pt Times New Roman,serif; text-align: center"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: white"><B>Change (%)</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Capital Markets</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">17,395</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">14,490</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">20.0</FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Banking Market</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">8,836</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">6,519</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">35.5</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Development banks</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">560</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">508</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">10.2</FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Export Credit Agencies</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">1,201</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">1,508</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(20.4)</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 10pt; text-indent: 0.4pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Others</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">130</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">137</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(5.1)</FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>Finance debt</B></FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>28,122</B></FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>23,162</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>21.4</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>Lease liability</B></FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>42,589</B></FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>37,149</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>14.6</B></FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>Gross Debt</B></FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>70,711</B></FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>60,311</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>17.2</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Adjusted Cash and Cash Equivalents</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">11,658</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">8,071</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">44.4</FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>Net Debt</B></FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>59,053</B></FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>52,240</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>13.0</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Leverage: Net Debt / (Net Debt + Market Capitalization) </FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">43%</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">39%</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">10.3</FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Average interest rate (% p.a.)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">6.7</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">6.8</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(1.5)</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Weighted average maturity of outstanding debt (years)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">11.36</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">12.52</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(9.3)</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Petrobras Sans,sans-serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Petrobras Sans,sans-serif; margin: 0 0 12pt; text-align: justify">As of September 30, 2025, the Company has maintained
its liability management strategy to improve the debt profile and to adapt to the maturity terms of the Company&rsquo;s long-term investments.</P>

<P STYLE="font: 10pt Petrobras Sans,sans-serif; margin: 0 0 6pt; text-align: justify">Gross Debt increased by 17.2% (US$&nbsp;10,400 million)
to US$&nbsp;70,711 million as of September 30, 2025 from US$&nbsp;60,311 million as of December 31, 2024, due to: (i) higher lease liabilities
in the period (a US$&nbsp;5,440 million increase), primarily driven by the start-up of the leased FPSO Alexandre de Gusm&atilde;o (Mero
4), the start-up of the leased FPSO Almirante Tamandar&eacute; (B&uacute;zios 7), and the extension of the FPSO Cidade de Angra dos Reis
agreement through 2030; and to (ii) higher finance debt (a US$&nbsp;4,960 million increase), mainly due to the proceeds in the domestic
banking market, in the amount of US$ 1,686 million; proceeds in international capital markets (global notes), in the amount of US$&nbsp;1,962
million, with maturities in 2030 and 2036; and proceeds in the international banking market, in the amount of US$ 1,122 million. Gross
Debt was maintained lower than the maximum level of US$&nbsp;75,000 million, with convergence to the level of US$&nbsp;65,000 million
defined in the 2025-2029 Business Plan, mainly due to debt prepayments and scheduled repayments.</P>

<P STYLE="font: 10pt Petrobras Sans,sans-serif; margin: 0 0 6pt; text-align: justify">As of September 30, 2025, Net Debt increased by
13.0% (US$&nbsp;6,813 million), reaching US$&nbsp;59,053 million, compared to US$&nbsp;52,240 million as of December 31, 2024, due to
a US$&nbsp;10,400 million increase in gross debt, partially offset by the US$ 3,587 million increase in adjusted cash and cash equivalents
in the period.</P>



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<P STYLE="font: bold 11pt Petrobras Sans,sans-serif; margin: 0; text-indent: 0in"><A NAME="a_012"></A>RECONCILIATION OF ADJUSTED EBITDA, LTM ADJUSTED EBITDA
AND NET DEBT/LTM ADJUSTED EBITDA METRICS</P>

<P STYLE="font: 9pt Petrobras Sans,sans-serif; margin: 0 0 6pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Petrobras Sans,sans-serif; margin: 0 0 6pt; text-align: justify">LTM Adjusted EBITDA reflects the sum of the last
twelve months of Adjusted EBITDA, which is computed by using the net income before net finance income (expense), income taxes, depreciation,
depletion and amortization adjusted by items not considered part of the Company&rsquo;s primary business, which include results in equity-accounted
investments, results on disposal and write-offs of assets, impairment and results from co-participation agreements in bid areas.&#9;</P>

<P STYLE="font: 10pt Petrobras Sans,sans-serif; margin: 0; text-align: justify">LTM Adjusted EBITDA represents an alternative to the Company's
operating cash generation. This measure is used to calculate the metric Net Debt/LTM Adjusted EBITDA, to support management&rsquo;s assessment
of liquidity and leverage.</P>

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

<P STYLE="font: 11pt/115% Petrobras Sans,sans-serif; margin: 0pt 0pt 10pt"><B><A NAME="a_013"></A>Adjusted EBITDA and Net cash provided
by operating activities &ndash; OCF </B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR STYLE="background-color: #365F91">
    <TD STYLE="width: 64%; border-bottom: #006298 1pt solid; font: 10pt Times New Roman,serif; border-right: white 1pt solid; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: white"><B>US$&nbsp;million</B></FONT></TD>
    <TD STYLE="width: 12%; border-bottom: #006298 1pt solid; font: 10pt Times New Roman,serif; border-right: white 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: center"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: white"><B>Jan-Sep/2025</B></FONT></TD>
    <TD STYLE="width: 13%; border-bottom: #006298 1pt solid; font: 10pt Times New Roman,serif; border-right: white 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: center"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: white"><B>Jan-Sep/2024</B></FONT></TD>
    <TD STYLE="width: 11%; border-right: white 1pt solid; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: center"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: white"><B>Change (%)</B></FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Net income </FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">16,805</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">10,371</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">62.0 </FONT></TD></TR>
  <TR>
    <TD STYLE="font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Net finance income (expense)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(3,034)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">9,089</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;-&nbsp;&nbsp;&nbsp;</FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Income taxes</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">6,995</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">4,325</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">61.7 </FONT></TD></TR>
  <TR>
    <TD STYLE="font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Depreciation, depletion and amortization</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">11,055</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">9,483</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">16.6 </FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Results in equity-accounted investments</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(165)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">304</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;-&nbsp;&nbsp;&nbsp;</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Impairment losses (reversals)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(47)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(46)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">2.2 </FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Results on disposal/write-offs of assets </FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(81)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(189)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(57.1)</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Results from co-participation agreements in bid areas</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(112)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(103)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">8.7 </FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>Adjusted EBITDA</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>31,416</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>33,234</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>(5.5)</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Allowance for credit loss on trade and other receivables</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">39</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">54</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(27.8)</FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Trade and other receivables</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(474)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">1,622</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">-</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Inventories</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(1,160)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(354)</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">227.7</FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Trade payables</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(140)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">605</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">-</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Taxes payable</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(4,388)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(7,763)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(43.5)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #D9D9D9">
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Others</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">592</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">2,382</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(75.1)</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>Net cash provided by operating activities &ndash; OCF</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>25,885</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>29,780</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>(13.1)</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 11pt/115% Petrobras Sans,sans-serif; margin: 0 0 10pt"><B>&nbsp;</B></P>


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<P STYLE="font: 11pt/115% Petrobras Sans,sans-serif; margin: 0pt 0pt 10pt"><B><A NAME="a_014"></A>LTM Adjusted EBITDA and LTM Net cash provided
by operating activities &ndash; OCF</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR>
    <TD STYLE="font: 10pt Times New Roman,serif">&nbsp;</TD>
    <TD COLSPAN="6" STYLE="font: 10pt Times New Roman,serif; background-color: #006298; text-align: center"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 12pt; color: white"><B>US$&nbsp;million</B></FONT></TD></TR>
  <TR>
    <TD STYLE="font: 10pt Times New Roman,serif">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; border-bottom: #1F497D 1.5pt outset; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: center"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">Last twelve months (LTM) at</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD></TR>
  <TR STYLE="background-color: #DBDBDB">
    <TD STYLE="width: 46%; font: 10pt Times New Roman,serif">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 9%; border-bottom: #1F497D 1.5pt outset; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: center"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">09.30.2025</FONT></TD>
    <TD STYLE="border-bottom: rgb(31,73,125) 1.5pt outset; font: 10pt Times New Roman,serif; vertical-align: bottom; width: 9%; padding-right: 3pt; padding-left: 3pt; text-align: center"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">12.31.2024</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 9%; border-bottom: #1F497D 1.5pt outset; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: center"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">Jul-Sep/2025</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 9%; border-bottom: #1F497D 1.5pt outset; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: center"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">Apr-Jun/2025</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 9%; border-bottom: #1F497D 1.5pt outset; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: center"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">Jan-Mar/2025</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 9%; border-bottom: #1F497D 1.5pt outset; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: center"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">Oct-Dec/2024</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">Net income (loss)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">14,039</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">7,605</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">6,053</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">4,757</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">5,995</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">(2,766)</FONT></TD></TR>
  <TR>
    <TD STYLE="font: 10pt Times New Roman,serif; background-color: #DBDBDB; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">Net finance income (expense)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman,serif; background-color: #D9D9D9; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">2,984</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; background-color: #D9D9D9; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">15,107</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman,serif; background-color: #D9D9D9; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">(271)</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; background-color: #D9D9D9; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">(1,015)</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; background-color: #D9D9D9; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">(1,748)</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; background-color: #D9D9D9; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">6,018</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">Income taxes</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">6,207</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">3,537</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">2,230</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">1,654</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">3,111</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">(788)</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; background-color: #DBDBDB; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">Depreciation, depletion and amortization</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman,serif; background-color: #D9D9D9; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">14,051</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; background-color: #D9D9D9; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">12,479</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman,serif; background-color: #D9D9D9; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">4,111</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; background-color: #D9D9D9; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">3,697</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; background-color: #D9D9D9; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">3,247</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; background-color: #D9D9D9; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">2,996</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">Results in equity-accounted investments</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">158</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">627</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">(36)</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">(47)</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">(82)</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">323</FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">Impairment losses (reversals)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">1,530</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">1,531</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">(287)</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">190</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">50</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">1,577</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">Results on disposal/write-offs of assets </FONT></TD>
    <TD STYLE="font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">(120)</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">(228)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">(10)</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">(14)</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">(57)</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">(39)</FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">Results from co-participation agreements in bid areas</FONT></TD>
    <TD STYLE="border-bottom: #1F497D 1pt solid; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">(268)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #1F497D 1pt solid; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">(259)</FONT></TD>
    <TD STYLE="border-bottom: #1F497D 1pt solid; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">(62)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #1F497D 1pt solid; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">20</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #1F497D 1pt solid; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">(70)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #1F497D 1pt solid; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">(156)</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-bottom: #1F497D 1.5pt outset; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt"><B>Adjusted EBITDA</B></FONT></TD>
    <TD STYLE="border-bottom: #1F497D 1.5pt outset; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt"><B>38,581</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #1F497D 1.5pt outset; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt"><B>40,399</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #1F497D 1.5pt outset; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt"><B>11,728</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #1F497D 1.5pt outset; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt"><B>9,242</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #1F497D 1.5pt outset; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt"><B>10,446</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #1F497D 1.5pt outset; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt"><B>7,165</B></FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">Allowance (reversals) for credit loss on trade and other receivables</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">245</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">260</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">2</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">57</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">(20)</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">206</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">Trade and other receivables</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">(274)</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">1,822</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">(596)</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">(50)</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">172</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">200</FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">Inventories</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">(1,101)</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">(295)</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">(307)</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">(494)</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">(359)</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">59</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">Trade payables</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">225</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">970</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">(58)</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">461</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">(543)</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">365</FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">Taxes payable</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">(6,520)</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">(9,895)</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">(1,206)</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">(1,716)</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">(1,466)</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">(2,132)</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">Others</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">2,933</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #1F497D 1pt solid; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">4,723</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">293</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">31</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">268</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt">2,341</FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: bottom; border-bottom: #1F497D 1.5pt outset; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt"><B>Net cash provided by operating activities - OCF</B></FONT></TD>
    <TD STYLE="border-bottom: #1F497D 1.5pt outset; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt"><B>34,089</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #1F497D 1.5pt outset; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt"><B>37,984</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #1F497D 1.5pt outset; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt"><B>9,856</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #1F497D 1.5pt outset; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt"><B>7,531</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #1F497D 1.5pt outset; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt"><B>8,498</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #1F497D 1.5pt outset; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 8pt"><B>8,204</B></FONT></TD></TR>
  </TABLE>


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<P STYLE="font: 11pt/115% Petrobras Sans,sans-serif; margin: 0 0 6pt; text-align: justify"><B><A NAME="a_015"></A>Adjusted Cash and Cash Equivalents, Gross
Debt, Net Debt, Net Cash provided by Operating Activities (LTM OCF), LTM Adjusted EBITDA, Gross Debt Net of Cash and Cash Equivalents/LTM
OCF and Net Debt/LTM Adjusted EBITDA Metrics </B></P>

<P STYLE="font: 10pt Petrobras Sans,sans-serif; margin: 0 0 6pt; text-align: justify">The Net Debt/LTM Adjusted EBITDA metric is an important
metric that supports our management in assessing the liquidity and leverage of Petrobras Group. This ratio is an important measure for
management to assess the Company&rsquo;s ability to pay off its debt, mainly because our Business Plan 2025-2029 defines US$&nbsp;75 billion
as the maximum level for our Gross Debt, with convergence to the level of US$&nbsp;65 billion.</P>

<P STYLE="font: 10pt Petrobras Sans,sans-serif; margin: 0 0 6pt; text-align: justify">The following table presents the reconciliation
of these metrics to the most directly comparable measures derived from the IFRS Accounting Standards captions:</P>

<P STYLE="font: 10pt Petrobras Sans,sans-serif; margin: 0 0 6pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR>
    <TD STYLE="font: 10pt Times New Roman,serif">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman,serif; background-color: #365F91; text-align: center"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 12pt; color: white"><B>US$&nbsp;million</B></FONT></TD></TR>
  <TR>
    <TD STYLE="width: 74%; font-family: Calibri,sans-serif">&nbsp;</TD>
    <TD STYLE="width: 13%; font: 10pt Times New Roman,serif">&nbsp;</TD>
    <TD STYLE="width: 13%; font: 10pt Times New Roman,serif">&nbsp;</TD></TR>
  <TR STYLE="background-color: #365F91">
    <TD STYLE="font: 10pt Times New Roman,serif">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: white"><B>09.30.2025</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: white"><B>12.31.2024</B></FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Cash and cash equivalents</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">8,964</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">3,271</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Government bonds, bank deposit certificates and time deposits (maturity of more than three months)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">2,694</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">4,800</FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>Adjusted Cash and Cash equivalents</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>11,658</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>8,071</B></FONT></TD></TR>
  <TR>
    <TD STYLE="font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Finance debt</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">28,122</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">23,162</FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Lease liability</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">42,589</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">37,149</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>Current and non-current debt - Gross Debt</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>70,711</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>60,311</B></FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>Net Debt</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>59,053</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>52,240</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>Net cash provided by operating activities - LTM OCF</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>34,089</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>37,984</B></FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Allowance for credit loss on trade and other receivables</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(245)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(260)</FONT></TD></TR>
  <TR>
    <TD STYLE="font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Trade and other receivables</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">274</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(1,822)</FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Inventories</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">1,101</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">295</FONT></TD></TR>
  <TR>
    <TD STYLE="font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Trade payables</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(225)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(970)</FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Taxes payable</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">6,520</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">9,895</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Others</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(2,933)</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(4,723)</FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>LTM Adjusted EBITDA</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>38,581</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>40,399</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>Gross Debt net of cash and cash equivalents/LTM OCF ratio</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>1.81</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>1.50</B></FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>Net Debt/LTM Adjusted EBITDA ratio</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>1.53</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>1.29</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Petrobras Sans,sans-serif; margin: 0 0 6pt; text-align: justify">&nbsp;</P>



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<P STYLE="font: 12pt Petrobras Sans,sans-serif; margin: 0 0 6pt; text-align: justify"><B><A NAME="a_016"></A>RESULTS BY OPERATING BUSINESS SEGMENTS </B></P>

<P STYLE="font: 11pt/115% Petrobras Sans,sans-serif; margin: 0 0 10pt"><B><A NAME="a_017"></A>Exploration and Production (E&amp;P)</B></P>

<P STYLE="font: 11pt Petrobras Sans,sans-serif; margin: 0"><B>Financial information</B></P>

<P STYLE="font: 6pt Petrobras Sans,sans-serif; margin: 0"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR STYLE="background-color: #006299">
    <TD STYLE="width: 61%; border-left: white 1pt solid; border-bottom: #006298 1pt solid; border-right: white 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: white"><B>US$&nbsp;million</B></FONT></TD>
    <TD STYLE="width: 13%; border-bottom: #006298 1pt solid; border-right: white 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: white"><B>Jan-Sep/2025</B></FONT></TD>
    <TD STYLE="width: 13%; border-bottom: #006298 1pt solid; border-right: white 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: white"><B>Jan-Sep/2024</B></FONT></TD>
    <TD STYLE="width: 13%; border-bottom: #006298 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: white"><B>Change (%)</B></FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Sales revenues</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">45,208</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">47,128</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(4.1)</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Gross profit</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: white; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">24,632</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: white; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">28,307</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(13.0)</FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Income (Expenses)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(3,341)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(3,403)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(1.8)</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Operating income </FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: white; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">21,291</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: white; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">24,904</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(14.5)</FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Net income attributable to the shareholders of Petrobras</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">14,129</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">16,499</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(14.4)</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>Average Brent crude (US$/bbl)</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>70.85</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>82.79</B></FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>(14.4)</B></FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>Production taxes &ndash; Brazil</B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>8,141</B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>8,760</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>(7.1)</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">&nbsp;&nbsp;&nbsp;Royalties</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">5,331</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">5,483</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(2.8)</FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">&nbsp;&nbsp;&nbsp;Special Participation</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">2,783</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">3,250</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(14.4)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">&nbsp;&nbsp;&nbsp;Retention of areas</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">27</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">27</FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: #006298 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;-&nbsp;&nbsp;&nbsp;</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 1pt/115% Petrobras Sans,sans-serif; margin: 0 0 10pt; color: white"><B><SUP>[1]</SUP></B></P>

<P STYLE="font: 10pt Petrobras Sans,sans-serif; margin: 0pt 0 12pt; text-align: justify">In the period Jan-Sep/2025, the gross profit
for the E&amp;P segment was US$&nbsp;24,632 million, a decrease of 13.0% compared to the period Jan-Sep/2024, mainly due to the reduction
in sales revenues which reflect lower Brent prices, higher costs primarily due to increased expenses with the start of operations of Route
3, subsea interventions and platform maintenance, as well as higher depreciation due to the increase in capitalized decommissioning costs,
which occurred in December 2024. These effects were partially offset by increased crude oil and LNG production during the period.</P>

<P STYLE="font: 10pt Petrobras Sans,sans-serif; margin: 0pt 0 12pt; text-align: justify">Operating income was US$&nbsp;21,291 million
in the Jan-Sep/2025 period, a decrease of 14.5% compared to the period Jan-Sep/2024, mainly due to the lower gross profit. Operating expenses
showed minimal variation throughout the period, with the main changes being an increase in expenses related to the provision for cost
and volume equalization, following the approval of the Jubarte Production Individualization Agreement, offset by a reduction in tax expenses
resulting from the agreement on taxes related to remittances abroad associated with contracts for vessels, platforms, and other chartering
services, which occurred in the previous period.</P>

<P STYLE="font: 10pt Petrobras Sans,sans-serif; margin: 0 0 6pt; text-align: justify">In the period Jan-Sep/2025, the production taxes
were US$&nbsp;8,141 million, a decrease of 7.1% compared to the period from Jan-Sep/2024 caused primarily by the lower prices.</P>

<P STYLE="font: 6pt Petrobras Sans,sans-serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Petrobras Sans,sans-serif; margin: 0"><B>Operational information </B></P>

<P STYLE="font: 6pt Petrobras Sans,sans-serif; margin: 0"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR STYLE="background-color: #006299">
    <TD STYLE="width: 61%; border-top: white 1pt solid; border-right: white 1pt solid; border-bottom: white 1pt solid; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: white"><B>Production in thousand barrels of oil equivalent per day (mboed)</B></FONT></TD>
    <TD STYLE="width: 13%; border-top: white 1pt solid; border-right: white 1pt solid; border-bottom: white 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: white"><B>Jan-Sep/2025</B></FONT></TD>
    <TD STYLE="width: 13%; border-top: white 1pt solid; border-right: white 1pt solid; border-bottom: white 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: white"><B>Jan-Sep/2024</B></FONT></TD>
    <TD STYLE="width: 13%; border-top: white 1pt solid; border-right: white 1pt solid; border-bottom: white 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: white"><B>Change (%)</B></FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Crude oil, NGL and natural gas &ndash; Brazil</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">2,919</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">2,687</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">8.6</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 10pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Crude oil and NGL (mbbl/d)</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">2,359</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">2,173</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">8.6</FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 10pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Natural gas (mboed)</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">560</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">513</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">9.2</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Crude oil, NGL and natural gas &ndash; Abroad</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">31</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">34</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(8.8)</FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: bottom; border-bottom: #006299 1pt solid; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>Total (mboed)</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #006299 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>2,950</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #006299 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>2,721</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt"><B>8.4</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 6pt Petrobras Sans,sans-serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Petrobras Sans,sans-serif; margin: 0; text-align: justify">Production of crude oil, NGL and natural gas was 2,950
mboed in the period Jan-Sep/2025, representing an increase of 8.4% compared to Jan-Sep/2024,&nbsp;mainly due to: (i) the ramp-up of FPSO
Maria Quit&eacute;ria in the Jubarte field, FPSO Anita Garibaldi in Marlim and FPSO Anna Nery, both in Marlim and Voador fields, and of
the FPSO Alexandre de Gusm&atilde;o in Mero field, in addition&nbsp; to; (ii) the achievement of the design capacity of the FPSO Almirante
Tamandar&eacute; in the B&uacute;zios field; (iii) maintenance of the production peak, followed by an increase in production capacity,
of the FPSO Marechal Duque de Caxias in Mero field; (iv) maintenance of peak production of the FPSO Sepetiba in Mero field; (v) new wells
from complementary projects in the Campos and Santos Basins; (vi) lower volumes of losses due to maintenance shutdowns; (vii) higher operational
efficiency in Santos Basin; and, (viii) higher NGL production due to the start-up of the UPGN at the Boaventura Energy Complex / Route
3. These factors were partially offset by declining potential in mature fields.</P>


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<P STYLE="font: 11pt Petrobras Sans,sans-serif; margin: 0"><B><A NAME="a_018"></A>Refining, Transportation and Marketing</B></P>

<P STYLE="font: 8pt Petrobras Sans,sans-serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Petrobras Sans,sans-serif; margin: 0"><B>Financial information</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR STYLE="background-color: #006299">
    <TD STYLE="width: 61%; border-left: white 1pt solid; border-right: white 1pt solid; border-bottom: #006298 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: white"><B>US$&nbsp;million</B></FONT></TD>
    <TD STYLE="width: 13%; border-bottom: #006298 1pt solid; border-right: white 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: white"><B>Jan-Sep/2025</B></FONT></TD>
    <TD STYLE="width: 13%; border-bottom: #006298 1pt solid; border-right: white 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: white"><B>Jan-Sep/2024</B></FONT></TD>
    <TD STYLE="width: 13%; border-bottom: #006298 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: white"><B>Change (%)</B></FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Sales revenues</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">61,867</FONT></TD>
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">65,990</FONT></TD>
    <TD STYLE="white-space: nowrap; font: 10pt Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(6.2)</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Gross profit</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">4,033</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">4,947</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(18.5)</FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Income (Expenses)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(2,362)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(2,318)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">1.9 </FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Operating income </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">1,671</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">2,629</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(36.4)</FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Net income attributable to the shareholders of Petrobras</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">1,167</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">1,309</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(10.8)</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Average refining cost (US$&nbsp;/ barrel) &ndash; Brazil</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">2.85</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">2.70</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">5.6 </FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="border-bottom: #006298 1pt solid; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Average domestic basic oil products price (US$/bbl)</FONT></TD>
    <TD STYLE="border-bottom: #006299 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">84.68</FONT></TD>
    <TD STYLE="border-bottom: #006299 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">91.76</FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: #006299 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(7.7)</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 6pt Petrobras Sans,sans-serif; margin: 0; text-align: justify">&nbsp;</P>

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

<P STYLE="font: 10pt Petrobras Sans,sans-serif; margin: 0 0 6pt; text-align: justify">In the period Jan-Sep/2025, Refining, Transportation
and Marketing gross profit was US$ 914 million lower than in the period Jan-Sep/2024 mainly due to a decrease in international margins
of gasoline and to lower Brent prices, since the realized inventory was previously purchased at higher prices, in contrast to the effect
of the Brent price appreciation during the period Jan-Sep/2024. The decrease in operating income for the period Jan-Sep/2025 mainly reflects
the reduction in gross profit.</P>

<P STYLE="font: 10pt Petrobras Sans,sans-serif; margin: 0 0 6pt; text-align: justify">The average refining cost in the period Jan-Sep/2025
was US$ 2.85/bbl, 5.6% higher than in the period Jan-Sep/2024, mainly due to an increase in maintenance expenses and revitalization activities
in our refineries, partially offset by a relatively devalued local currency in 2025 reducing the costs in U.S. dollar terms. The unit
cost increase was also impacted by a slight reduction in the volume of oil processed.</P>

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

<P STYLE="font: 11pt Petrobras Sans,sans-serif; margin: 0"><B>Operational information </B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR STYLE="background-color: #006299">
    <TD STYLE="width: 61%; border-top: white 1pt solid; border-right: white 1pt solid; border-bottom: white 1pt solid; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: white"><B>Thousand barrels per day (mbbl/d)</B></FONT></TD>
    <TD STYLE="width: 13%; border-top: white 1pt solid; border-right: white 1pt solid; border-bottom: white 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: white"><B>Jan-Sep/2025</B></FONT></TD>
    <TD STYLE="width: 13%; border-top: white 1pt solid; border-right: white 1pt solid; border-bottom: white 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: white"><B>Jan-Sep/2024</B></FONT></TD>
    <TD STYLE="width: 13%; border-top: white 1pt solid; border-right: white 1pt solid; border-bottom: white 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: white"><B>Change (%)</B></FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Total production volume </FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">1,743</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">1,772</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(1.6)</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Domestic sales volume</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">1,738</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">1,707</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">1.8</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #D9D9D9">
    <TD STYLE="font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Crude distillation capacity</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">1,813</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">1,813</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">-</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Refining plants utilization factor <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">92%</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">93%</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(1.1)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #D9D9D9">
    <TD STYLE="font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Average crude oil throughput</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">1,638</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">1,650</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(0.7)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Average NGL throughput</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">1,682</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">1,697</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(0.9)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #D9D9D9">
    <TD STYLE="border-bottom: #006298 1pt solid; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Domestic crude oil over average crude oil throughput <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">92%</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">91%</FONT></TD>
    <TD STYLE="border-bottom: #006298 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">1.1</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 7pt Petrobras Sans,sans-serif; margin: 0; text-align: justify">(1) Changes presented in percentage points.</P>

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

<P STYLE="font: 10pt Petrobras Sans,sans-serif; margin: 0 0 6pt; text-align: justify">Domestic sales in the period Jan-Sep/2025 were 1,738
mbbl/d, an increase of 1.8% compared to the period Jan-Sep/2024.</P>

<P STYLE="font: 10pt Petrobras Sans,sans-serif; margin: 0 0 6pt; text-align: justify">Diesel sales volume rose by 6.4% in Jan-Sep/2025
compared to Jan-Sep/2024, mainly influenced by a decrease in imports by third parties, increase in industrial activity as well as soybean
and corn harvests. Gasoline sales volume grew 1.5% between periods mainly due to the increase in total demand for Otto cycle fuels and
a higher share of gasoline compared to ethanol.</P>

<P STYLE="font: 10pt Petrobras Sans,sans-serif; margin: 0 0 6pt; text-align: justify">Total oil products output for the period Jan-Sep/2025
was 1,743 mbbl/d, representing a 1.6% decrease compared to Jan-Sep/2024. In the first nine months of 2025 the utilization factor&nbsp;of
our refineries was 1 percentage point lower than in the corresponding period of the previous year, with impacts of the scheduled turnaround
at the Abreu e Lima Refinery - located in northeastern Brazil - in the first quarter, and Alberto Pasqualini Refinery - located in the
southern region of Brazil - which experienced stoppages in 2025.<BR STYLE="clear: both">
</P>


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<P STYLE="font: 11pt/115% Petrobras Sans,sans-serif; margin: 0 0 10pt"><B><A NAME="a_019"></A>Gas and Low Carbon Energies&nbsp; </B></P>

<P STYLE="font: 11pt Petrobras Sans,sans-serif; margin: 0"><B>Financial information</B></P>

<P STYLE="font: 11pt Petrobras Sans,sans-serif; margin: 0"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR STYLE="background-color: #006299">
    <TD STYLE="width: 61%; border-left: white 1pt solid; border-bottom: #006298 1pt solid; border-right: white 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: white"><B>US$&nbsp;million</B></FONT></TD>
    <TD STYLE="width: 13%; border-bottom: #006298 1pt solid; border-right: white 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: white"><B>Jan-Sep/2025</B></FONT></TD>
    <TD STYLE="width: 13%; border-bottom: #006298 1pt solid; border-right: white 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: white"><B>Jan-Sep/2024</B></FONT></TD>
    <TD STYLE="width: 13%; border-bottom: #006298 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: white"><B>Change (%)</B></FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Sales revenues</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">6,306</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">6,961</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(9.4)</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Gross profit</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">2,686</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">3,317</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(19.0)</FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Income (expenses)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(2,561)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(2,557)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">0.2 </FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Operating income </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">125</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">760</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(83.6)</FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Net income attributable to the shareholders of Petrobras</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">83</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">530</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(84.3)</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Average natural gas sales price &ndash; Brazil (US$/bbl)</FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">56.41</FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">63.74</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(11.5)</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 11pt Petrobras Sans,sans-serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Petrobras Sans,sans-serif; margin: 0; text-align: justify">In Jan-Sep/2025, the sales revenues reduction in relation
to Jan-Sep/2024 was due to the lower average natural gas sales prices due to the decrease in the Brent price, the lower volume of natural
gas sold to non-thermoelectric segment, the entry of new agents in this market and the expiration of thermal availability contracts.</P>

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

<P STYLE="font: 10pt Petrobras Sans,sans-serif; margin: 0; text-align: justify">The lower operating profit in Jan-Sep/2025 compared to
Jan-Sep/2024 is mainly due to the lower gross profit, as expenses remained stable.</P>

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

<P STYLE="font: 11pt Petrobras Sans,sans-serif; margin: 0"><B>Operational information </B></P>

<P STYLE="font: 11pt Petrobras Sans,sans-serif; margin: 0"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR STYLE="background-color: #365F91">
    <TD STYLE="width: 61%; border-top: white 1pt solid; border-right: white 1pt solid; border-bottom: white 1pt solid; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="width: 13%; border-top: white 1pt solid; border-right: white 1pt solid; border-bottom: white 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: white"><B>Jan-Sep/2025</B></FONT></TD>
    <TD STYLE="width: 13%; border-top: white 1pt solid; border-right: white 1pt solid; border-bottom: white 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: white"><B>Jan-Sep/2024</B></FONT></TD>
    <TD STYLE="width: 13%; border-top: white 1pt solid; border-right: white 1pt solid; border-bottom: white 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt; color: white"><B>Change (%)</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; padding-right: 3pt; padding-left: 3pt">
    <P STYLE="font: 9pt Petrobras Sans,sans-serif; margin: 0"><FONT STYLE="color: windowtext">Capacity obligation awarded in the Capacity
    Reserve Auction (MW)</FONT> <SUP>(1)</SUP></P>
    </TD>
    <TD STYLE="vertical-align: top; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">250</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">-</FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Sale of Thermal Availability at Auction (ACR)- Average MW</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">713</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">1,169</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(39.0)</FONT></TD></TR>
  <TR>
    <TD STYLE="font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Sale of electricity - average MW </FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">761</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">648</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">17.4</FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">National gas delivered - million m&sup3;/day</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">34</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">30</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">13.3</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Regasification of liquefied natural gas - million m&sup3;/day</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">1</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">4</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(75.0)</FONT></TD></TR>
  <TR STYLE="background-color: #D9D9D9">
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman,serif; padding-right: 3pt; padding-left: 3pt"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">Import of natural gas from Bolivia - million m&sup3;/day</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">9</FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: Black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">14</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 3pt; padding-left: 3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Petrobras Sans,sans-serif; font-size: 9pt">(35.7)</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 7pt Petrobras Sans,sans-serif; margin: 0; text-align: justify">(1) Effective as of August 2025, according to the First
Capacity Reserve Auction held in 2021.</P>

<P STYLE="font: 9pt Petrobras Sans,sans-serif; margin: 0 0 6pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Petrobras Sans,sans-serif; margin: 0 0 6pt; text-align: justify">The start-up of Ibirit&eacute; and Termorio thermal
power plants occurred ahead of schedule in August 2025, making power available to meet the Capacity Reserve Auction contract held in 2021.
In Jan-Sep/2025, Petrobras thermal availability sales decreased by 39.8% compared to Jan-Sep/2024, due to the expiration of contracts.
In the same period, energy sales increased by 60.2% due to a less favorable hydrological scenario and through the capture of opportunities
with spot prices. The start-up of Ibirit&eacute; (198 MW) and Termorio (922 MW) thermal power plants occurred ahead of schedule in August
2025, making power available to meet the Capacity Reserve Auction contract held in 2021.</P>

<P STYLE="font: 10pt Petrobras Sans,sans-serif; margin: 0 0 6pt; text-align: justify">On the natural gas supply side, domestic gas production
in Jan-Sep/2025 grew 13.3% due to availability of gas from the Rota 3 gas pipeline and the operation of the Itabora&iacute; gas processing
unit. As a result of the increased supply of domestic production, there was a decrease in natural gas imports.</P>




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<DIV STYLE="position: relative; float: left; width: 48%; padding-right: 0%; padding-bottom: 8pt; overflow: hidden; padding-top: 3pt">

<P STYLE="font: bold 11pt Petrobras Sans,sans-serif; margin: 0; text-align: justify"><A NAME="a_020"></A>GLOSSARY</P>

<P STYLE="font: 8pt Petrobras Sans,sans-serif; margin: 0 0 3pt; text-align: justify"><B>ACL - </B><I>Ambiente de Contrata&ccedil;&atilde;o
Livre</I> (Free contracting market) in the electricity system.</P>

<P STYLE="font: 8pt Petrobras Sans,sans-serif; margin: 0 0 3pt; text-align: justify"><B>ACR - </B><I>Ambiente de Contrata&ccedil;&atilde;o
Regulada</I> (Regulated contracting market) in the electricity system.</P>

<P STYLE="font: 8pt Petrobras Sans,sans-serif; margin: 0 0 3pt; text-align: justify"><B>Adjusted Cash and Cash Equivalents - </B>Sum of
cash and cash equivalents, government bonds, bank deposit certificates and time deposits with maturities of more than 3 months from the
date of acquisition, considering the expected realization of those financial investments in the short-term. This measure is not defined
under the IFRS Accounting Standards and should not be considered in isolation or as a substitute for cash and cash equivalents computed
in accordance with the IFRS Accounting Standards. It may not be comparable to adjusted cash and cash equivalents of other companies. However,
management believes that it is an appropriate supplemental measure to assess our liquidity and supports leverage management and uses this
measure in the calculation of Net Debt.</P>

<P STYLE="font: 8pt Petrobras Sans,sans-serif; margin: 0; text-align: justify"><B>Adjusted EBITDA </B>Net income plus net finance income
(expense); income taxes; depreciation, depletion and amortization; results in equity-accounted investments; impairment; results on disposal/write-offs
of assets; and results from co-participation agreements in bid areas. Adjusted EBITDA is not a measure defined by the IFRS Accounting
Standards and it is possible that it may not be comparable to similar measures reported by other companies. However, management believes
that it is an appropriate supplemental measure to assess our liquidity and supports leverage management.</P>

<P STYLE="font: 8pt Petrobras Sans,sans-serif; margin: 0 0 3pt; text-align: justify"><B>ANP - </B>Brazilian National Petroleum, Natural
Gas and Biofuels Agency.</P>

<P STYLE="font: 8pt Petrobras Sans,sans-serif; margin: 0 0 3pt; text-align: justify"><B>Average Domestic basic oil products price (US$/bbl)</B>
- represents Petrobras' domestic sales revenues per unit of basic oil products, which are: diesel, gasoline, LPG, jet fuel, naphtha and
fuel oil.</P>

<P STYLE="font: 8pt/115% Petrobras Sans,sans-serif; margin: 0 0 3pt; text-align: justify"><B>Capital Expenditures &ndash;</B> Capital
expenditures based on the cost assumptions and financial methodology adopted in our Business Plan, which include acquisition of PP&amp;E
and intangible assets, acquisition of equity interests, as well as other items that do not necessarily qualify as cash flows used in investing
activities, comprising geological and geophysical expenses, research and development expenses, pre-operating charges, purchase of property,
plant and equipment on credit and borrowing costs directly attributable to works in progress.</P>

<P STYLE="font: 8pt Petrobras Sans,sans-serif; margin: 0 0 3pt; text-align: justify"><B>CTA</B> &ndash; Cumulative translation adjustment
&ndash; The cumulative amount of exchange variation arising on translation of foreign operations that is recognized in Shareholders&rsquo;
Equity and will be transferred to profit or loss on the disposal of the investment.</P>

<P STYLE="font: 8pt Petrobras Sans,sans-serif; margin: 0 0 3pt; text-align: justify"><B>Effect of average cost in the Cost of Sales</B>
&ndash; In view of the average inventory term of 60 days, the crude oil and oil products international prices movement, as well as foreign
exchange effect over imports, production taxes and other factors that impact costs, do not entirely influence the cost of sales in the
current period, having their total effects only in the following period.</P>
</div>


<DIV STYLE="position: relative; float: left; margin-left: 3%; width: 49%; padding-right: 0%; padding-bottom: 8pt; overflow: hidden; padding-top: 3pt">
<P STYLE="font: 8pt Petrobras Sans,sans-serif; margin: 0 0 3pt; text-align: justify"><B>Free Cash Flow -</B> Net cash provided by operating
activities less the sum of acquisition of PP&amp;E and intangibles assets and acquisition of equity interests. Free cash flow is not defined
under the IFRS Accounting Standards and should not be considered in isolation or as a substitute for cash and cash equivalents calculated
in accordance with IFRS Accounting Standards. It may not be comparable to free cash flow of other companies. However, management believes
that it is an appropriate supplemental measure to assess our liquidity and supports leverage management.</P>

<P STYLE="font: 8pt Petrobras Sans,sans-serif; margin: 0 0 6pt; text-align: justify"><B>Gross Debt</B> &ndash; Sum of current and non-current
finance debt and lease liability, this measure is not defined under the IFRS Accounting Standards.</P>

<P STYLE="font: 8pt Petrobras Sans,sans-serif; margin: 0 0 3pt; text-align: justify"><B>Leverage &ndash; </B>Ratio between the Net Debt
and the sum of Net Debt and Market Capitalization. Leverage is not a measure defined in the IFRS Accounting Standards and it is possible
that it may not be comparable to similar measures reported by other companies, however management believes that it is an appropriate supplemental
measure to assess our liquidity.</P>

<P STYLE="font: 8pt Petrobras Sans,sans-serif; margin: 0 0 3pt; text-align: justify"><B>Lifting Cost -</B> Crude oil and natural gas lifting
cost indicator, which considers expenditures occurred in the period.</P>

<P STYLE="font: 8pt Petrobras Sans,sans-serif; margin: 0 0 3pt; text-align: justify"><B>LTM Adjusted EBITDA</B> &ndash; Adjusted EBITDA
for the last twelve months.</P>

<P STYLE="font: 8pt Petrobras Sans,sans-serif; margin: 0 0 3pt; text-align: justify"><B>OCF - </B>Net Cash provided by (used in) operating
activities (operating cash flow)</P>

<P STYLE="font: 8pt Petrobras Sans,sans-serif; margin: 0 0 3pt; text-align: justify"><B>Operating income (loss) - </B>Net income (loss)
before finance (expense) income, results in equity-accounted investments and income taxes.</P>

<P STYLE="font: 8pt Petrobras Sans,sans-serif; margin: 0 0 3pt; text-align: justify"><B>Net Debt &ndash; </B>Gross Debt less Adjusted
Cash and Cash Equivalents. Net Debt is not a measure defined in the IFRS Accounting Standards and should not be considered in isolation
or as a substitute for total long-term debt calculated in accordance with the IFRS Accounting Standards. Our calculation of Net Debt may
not be comparable to the calculation of Net Debt by other companies. Management believes that Net Debt is an appropriate supplemental
measure that helps investors assess our liquidity and supports leverage management.</P>

    <P STYLE="font: 8pt Petrobras Sans,sans-serif; margin: 0; text-align: justify"><B>Results by Business Segment &ndash;</B> The information
    by the company's business segment is prepared based on available financial information that is directly attributable to the segment or
    that can be allocated on a reasonable basis, being presented by business activities used by the Executive Board to make resource allocation
    decisions and performance evaluation.</P>
    <P STYLE="font: 8pt Petrobras Sans,sans-serif; margin: 0; text-align: justify">When calculating segmented results, transactions with third
    parties, including jointly controlled and associated companies, and transfers between business segments are considered. Transactions between
    business segments are valued at internal transfer prices calculated based on methodologies that take into account market parameters, and
    these transactions are eliminated, outside the business segments, for the purpose of reconciling the segmented information with the consolidated
    financial statements of the company.</P>

</div>





















<P STYLE="font: 7pt Petrobras Sans,sans-serif; margin: 0">&nbsp;</P>



<P STYLE="font: 11pt/107% Calibri, Helvetica, Sans-Serif; text-align: center; margin-top: 0; margin-bottom: 8pt"></P>

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<P STYLE="font: 11pt/107% Petrobras Sans,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;November 17, 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% Petrobras Sans,sans-serif; margin: 0 0 8pt">&nbsp;</P>


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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
