Company: PBR
Filing Date: 2025-11-07
Form Type: 6-K
Source: 0001292814-25-003845
Chunk: 55

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-11-07
Form: 6-K
Chunk 55
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2025 to Sep/2035 |      71,419 | 379,847 |

| 61 |

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

| Changes in the present value of hedging instrument notional value                                       | US$ million |      R$ |
| Amounts designated as of December 31, 2024                                                              |      65,900 | 408,073 |
| Additional hedging relationships designated, designations revoked and hedging instruments re-designated |      25,563 | 143,896 |
| Exports affecting the statement of income                                                               |     -10,296 | -58,568 |
| Principal repayments / amortization                                                                     |      -9,748 | -54,901 |
| Foreign exchange variations                                                                             |           − | -58,653 |
| Amounts designated as of September 30, 2025                                                             |      71,419 | 379,847 |
| Nominal value of hedging instrument (finance debt and lease liability) at September 30, 2025            |      92,848 | 493,820 |

In the nine-month period ended September 30, 2025,
the Company recognized a R$ 857 gain, within foreign exchange rate gains (losses), due to ineffectiveness (a R$ 479 loss in the same period
of 2024).

The average ratio of future exports for which cash
flow hedge accounting was designated to the highly probable future exports is 78.68%.

A roll-forward schedule of cumulative foreign exchange
rate losses recognized in equity to be realized by future exports is set out below:

|                                         | Jan-Sep/2025 | Jan-Sep/2024 |
| Opening balance                         |      -98,094 |      -28,833 |
| Recognized in equity                    |       57,796 |      -37,958 |
| Reclassified to the statement of income |        9,443 |       11,130 |
| Other comprehensive income (loss)       |       67,239 |      -26,828 |
| Closing balance                         |      -30,855 |      -55,661 |

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