Company: PBR
Filing Date: 2025-08-08
Form Type: 6-K
Source: 0001292814-25-002974
Chunk: 47

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-08-08
Form: 6-K
Chunk 47
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 future exports is set out below:

|                                         | Jan-Jun/2025 | Jan-Jun/2024 |
| Opening balance                         |      -98,094 |      -28,833 |
| Recognized in equity                    |       48,240 |      -44,899 |
| Reclassified to the statement of income |        7,052 |        6,578 |
| Other comprehensive income (loss)       |       55,292 |      -38,321 |
| Closing balance                         |      -42,802 |      -67,154 |

Additional hedging relationships may be revoked
or additional reclassification adjustments from equity to the statement of income may occur as a result of changes in forecasted export
prices and export volumes following future revisions of the Company’s business plans. A sensitivity analysis considering a US$ 10/barrel
decrease in Brent prices stress scenario, when compared to the Brent price projections in the Business Plan 2025-2029, would not indicate
a reclassification from equity to the statement of income.

A schedule of expected reclassification of cumulative
foreign exchange rate losses recognized in other comprehensive income to the statement of income as of June 30, 2025, is set out below:

|                      |     |        |         |         |        |        |         | Consolidated |         |
|                      |     |   2025 |    2026 |    2027 |   2028 |   2029 |    2030 
 onwards |              |   Total |
| Expected realization |     | -5,324 | -10,524 | -11,125 | -7,492 | -6,459 |  -1,878 |              | -42,802 |

| 57 |

| This interim financial information should be read together with the Company’s audited annual financial statements(Expressed in millions of reais, unless otherwise indicated) |

| b) | Derivative financial instruments not designated for hedge accounting |

In September 2019, Petrobras contracted a cross-currency
swap aiming to protect against exposure arising from the 7th issuance of debentures, for IPCA x CDI operations, maturing in September
2029 and September 2034, and for CDI x U.S. Dollar operations, maturing in September 2029.

The methodology used to calculate the fair value
of this swap operation consists of calculating the future value of the operations, using rates agreed in