Company: PBR
Filing Date: 2025-03-14
Form Type: 6-K
Source: 0001292814-25-000909
Chunk: 103

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-03-14
Form: 6-K
Chunk 103
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 each case, of the Executive Board and shall be made whenever possible, through the reimbursement of the corresponding costs.

Art. 52-The Company shall allocate
a portion of the yearly results to be distributed among its employees, pursuant to the criteria approved by the Board of Directors, in
compliance with the legislation in force.

Chapter VIII - General Provisions

Art. 53-The activities of Petrobras
shall obey the Basic Plan of Organization, which shall contain, among others, the organization model and define the nature and responsibilities
of each unit of the general structure and the subordination relations necessary to the operation of Petrobras, pursuant to these Bylaws.

Art. 54 -The fiscal year shall coincide
with the calendar year, ending on December 31 of each year, when the balance sheet and other financial statements shall be prepared and
shall meet the applicable legal provisions.

§1-Subject to legal provisions
The Company may prepare balance sheets, making interim dividend payments based on earnings or interest on own capital verified in semiannual
or lower balance sheets, considering the results obtained in each quarter by resolution of the Board of Directors, subject to legal provisions.

§2-The Board of Directors may
approve the payment of intermediate dividends to the profit reserve account existing in the last balance sheet approved at the General
Meeting.

§3-Intermediate and interim
dividends and interest on equity shall be allocated to the minimum mandatory dividend.

Art. 55-On the funds transferred
by the Federal Government or deposited by minority shareholders, for the purpose of increasing the capital of the Company, financial charges
equivalent to the SELIC rate from the day of transfer to the date of capitalization shall apply.

Art. 56-The proposal for the distribution
of profits must consider the constitution of the reserves provided for in items I and II, in the following order of priority:

I -Petrobras will set aside a portion
of 0.5% (five tenths of a percent) of the share capital, up to a limit of 5% (five percent) of the share capital, to fund the Company's
research and technological development programs; and

II-Petrobras may allocate up to 70%
(seventy percent) of the adjusted net profit for the year to a capital remuneration reserve, in compliance with article 202 of the Brazilian
Corporation Law and the Shareholder Remuneration Policy, up to the limit of the share capital.

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