Company: PBR
Filing Date: 2025-03-14
Form Type: 6-K
Source: 0001292814-25-000909
Chunk: 50

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-03-14
Form: 6-K
Chunk 50
---
 in the exercise of their duties or powers, from the date of their possession
or the beginning of the contractual relationship with the Company.

§7 -Indemnity contracts shall
not cover:

I-acts practiced outside the exercise
of the attributions or powers of its signatories;

II-acts with bad faith, deceit,
serious guilt or fraud;

III- acts committed in their own
interest or of third parties, to the detriment of the Company's corporate interest;

IV-indemnities arising from social
action provided for in Article 159 of Law Nº 6,404/76 or compensation for damages referred to in art. 11, paragraph 5, II of Law
Nº 6,385, of December 7, 1976; or

V-other cases provided for in
the indemnity agreement.

§8 -The indemnity agreement
shall be properly disclosed and provide, inter alia:

I-the limit value of the coverage
offered;

II-the term of coverage; and

III-the decision-making procedure
regarding the payment of the coverage, which shall guarantee the independence of the decisions and ensure that they are taken in the interest
of the Company.

§9 -The beneficiary of the indemnity
agreement shall be obliged to return to the Company the amounts advanced in cases in which, after an irreversible final decision, it is
proved that the act performed by the beneficiary is not subject to indemnification, under the terms of the indemnity agreement.

Art. 24-The member who fails to participate
in 3 (three) consecutive ordinary meetings, without good reason or leave granted by the Board of Directors, shall lose office.

Art. 25-In case of vacancy of the
position of Board Member, the substitute shall be elected by the remaining Members and shall serve until the first General Meeting, as
provided for in article 150 of the Brazilian Corporate Act.

§1-The member of the Board of
Directors or Executive Board who is elected in replacement, shall complete the term of office of the replaced member and, at the end of
the term of office, shall remain in office until the investiture of the successor.

§2-If the board member who represents
the employees does not complete the term of office, there must be a new election process in accordance with the law.

§3-In the event referred to
in § 2 above, the substitute member shall complete the term of office of the replaced member.

§4-In the