Company: PBR
Filing Date: 2025-02-27
Form Type: 6-K
Source: 0001292814-25-000670
Chunk: 64

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-02-27
Form: 6-K
Chunk 64
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| NOTES TO THE FINANCIAL STATEMENTSPETROBRAS(In millions of reais, unless otherwise indicated) |

| · | Provisioned the amount of R$2,548 (R$2,096 in 2023),                                                                                  
 recorded in other operating expenses, including Petrobras' current award program and other programs of the consolidated companies. At 
 the Parent Company, the provision was R$2,032 (R$1,673 in 2023).                                                                      |

Accounting policy for variable compensation programs (PLR and PRD)

The provisions for variable compensation programs
are recognized on an accrual basis, during the periods in which the employees provided services. They represent the estimates of future
disbursements arising from past events, based on the criteria and metrics of the PRD and PLR, provided that the requirements for activating
these programs are met and that the obligation can be reliably estimated.

18.2. Termination benefits

They are those provided by the termination of the employment
contract as a result of: i) the company's decision to terminate the employee's employment before the normal retirement date; or ii) the
employee's decision to accept an offer of benefits in exchange for termination of employment.

Voluntary severance programs

The Company has voluntary termination programs (PDV),
incentive retirement (PAI), specific termination programs for the corporate segment and for employees assigned to units in the process
of divestment, which provide basically the same legal and compensation benefits.

The recognition of the provision for expenses with
retirement programs occurs as employees join.

The Company deferred the payment of compensation
in two installments, the first being at the time of dismissal, together with the legal severance pay, and the second, when applicable,
12 months after payment of the first installment.

On December 31, 2024, the balance of R$447 (R$692
in 2023) corresponds to 743 employees enrolled in voluntary termination programs expected to leave by December 2027, in addition to the
second installment of 23 terminated employees.

18.3. Post-employment benefits

The Company maintains a health care plan for its employees
in Brazil (active and retiree) and their dependents, and five other major types of post-retirement pension benefits (collectively referred
to as “pension plans”).

The balances related to post-employment benefits granted to
employees are shown below:

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