Company: PBR
Filing Date: 2025-08-22
Form Type: 6-K
Source: 0001292814-25-003142
Chunk: 5

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-08-22
Form: 6-K
Chunk 5
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 cash equivalents                                                                           |          185 |         -421 |
| Cash and cash equivalents at the end of the period                                                                                     |        6,996 |        7,884 |
| Government bonds, bank deposit certificates and time deposits with maturities of more than three months at the end of the period       |        2,505 |        5,586 |
| Adjusted Cash and Cash Equivalents at the end of the period                                                                            |        9,501 |       13,470 |
| Reconciliation of Free Cash Flow                                                                                                       |              |              |
| Net cash provided by operating activities                                                                                              |       16,029 |       18,473 |
| Acquisition of PP&E and intangible assets                                                                                              |       -8,046 |       -5,772 |
| Acquisition of equity interests                                                                                                        |           -2 |           -6 |
| Free Cash Flow (1)                                                                                                                     |        7,981 |       12,695 |

(1) Free Cash Flow (FCF) is in accordance with the new Shareholder
Remuneration Policy (“Policy”), 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&E and intangible assets and acquisition of equity interests.

As of June 30, 2025, Cash and cash equivalents amounted to
US$ 6,996 million and Adjusted Cash and Cash Equivalents totaled US$ 9,501 million.

In the six-month period ended June 30, 2025, we had net cash
provided by operating activities of US$ 16,029 million and positive Free Cash Flow of US$ 7,981 million. This level of cash
generation, together with proceeds from disposal of assets (divestments) of US$ 479 million, financial compensation from co-participation
agreements of US$ 355 million, dividends received of US$ 25 million, divestment in marketable securities of US$ 2,861 million
and proceeds from finance debt of US$ 3,072 million, were allocated to: (a) debt prepayments and payments of principal and interest
due in the period of US$ 2,403 million; (b) repayment of lease liability of US$ 4,368 million; (c) dividends paid to shareholders
of Petrobras of US$ 4,588 million; and (d) acquisition