Company: PBR
Filing Date: 2025-02-27
Form Type: 6-K
Source: 0001292814-25-000664
Chunk: 65

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-02-27
Form: 6-K
Chunk 65
---

phase of evidence, the expert analyses, the timetable to be defined by the Court and the judicial decisions on key issues of the process,
possible appeals, including before the Dutch Supreme Court, as well as the fact that the Foundation seeks only a declaratory decision
in this class action.

The Company, based on the assessments of its advisors,
considers that there are not enough indicative elements to qualify the universe of potential beneficiaries of a possible final decision
unfavorable to Petrobras' interests, nor to quantify the supposedly compensable damages.

Thus, it is currently not possible to predict whether
the Company will be liable for the effective payment of damages in any future individual claims, as this analysis will depend on the outcome
of these complex procedures. In addition, it is not possible to know which investors will be able to bring subsequent individual actions
related to this matter against Petrobras.

Furthermore, the claims formulated are broad, cover
a multi-year period and involve a wide variety of activities and, in the current scenario, the impacts of such claims are highly uncertain.
The uncertainties inherent in all of these issues affect the value and duration of final resolution of this action. As a result, Petrobras
is unable to estimate an eventual loss resulting from this action. However, Petrobras continues to reject the Foundation's allegations,
in relation to which it was considered a victim by all Brazilian authorities, including the Brazilian Supreme Federal Court.

Petrobras and its subsidiaries reject the allegations
made by the Foundation and will continue to defend themselves vigorously.

| 19.4.2. | Arbitration and other legal proceedings 
 in Argentina                            |

In relation to the arbitration in Argentina, the
Argentine Supreme Court denied the appeal, but the Consumidores Damnificados Asociación Civil para su Defensa (formerly
Consumidores Financieros Asociación Civil, "Association") filed a new appeal to the Argentine Supreme Court, which
was also denied, thus the arbitration was sent to the Arbitration Court. This arbitration discusses Petrobras' liability for an alleged
loss of market value of Petrobras' shares in Argentina, as a result of the so-called Lava Jato Operation. The Company does not have elements
that allow it to provide a reliable estimate of the potential loss in this arbitration.

In parallel to such arbitration, the Association
also initiated a collective action before the Civil and Commercial Court of Buenos Aires, in Argentina, with Petrobras appearing spontaneously
on April 10, 2023, within the scope of which