Company: PBR
Filing Date: 2025-10-27
Form Type: 6-K
Source: 0001292814-25-003631
Chunk: 15

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-10-27
Form: 6-K
Chunk 15
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8% 6% Asia (Ex China) 19% 12% 14% Caribbean 0% 3% 0% South Africa 0% 2% 0% (1) Restatement of the
figures already published for 2Q25, due to divergences in the conversion of volumes. (2) Restatement of the figures already published
for 3Q24, due to divergences in the conversion of volumes. In 3Q25, China and Europe basically maintained their respective shares in Petrobras’
export destinations versus 2Q25. The rest of Asia and Latin America, however, increased their shares, driven mainly by higher sales to
India, South Korea, and Chile, offset by lower demand from the U.S. and the reduced competitiveness of Brazilian crudes in the Caribbean
and South Africa. We also highlight the ongoing work to develop markets for pre‑salt crudes, whether through sales to new customers
or by allocating new streams to existing customers. In this regard, we opened markets for pre‑salt crudes in India and Europe in
3Q25. EXHIBIT IV - OIL PRODUCTS EXPORTS (*) Country 3Q25 2Q25 (1) 3Q24 (2) Singapore 56% 63% 45% USA 28% 27% 49% Others 16% 9% 6% (1)
Restatement of the figures already published for 2Q25, due to divergences in the conversion of volumes. (2) Restatement of the figures
already published for 3Q24, due to divergences in the conversion of volumes. * Refers to exports according to the physical criterion of
departure from the Brazilian coast Production and Sales Report 3Q25 I 18 GLOSSARY Glossary A ANEEL: The Agência Nacional de Energia
Elétrica (Brazilian Electricity Regulatory Agency). Associated Gas Utilization Index (IUGA): percentage of the volume of associated
gas used in relation to the total volume of associated gas produced. C Capacity Obligation Awarded in the Capacity Reserve Auction (MW):
power availability that the generating agent undertakes to maintain available for the electrical system, with flexibility, ensuring the
reliability of supply at times of peak demand. In Capacity Reserve Contracts in the form of power, the generating agent receives a fixed
portion, associated with the contracted power availability, and a variable portion