Company: PBR
Filing Date: 2025-09-03
Form Type: 424B2
Source: 0001104659-25-086714
Chunk: 123

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-09-03
Form: 424B2
Chunk 123
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 series within seven calendar days of its due date and, in the case of PGF, the 
 trustee has not received such amounts from Petrobras under a guaranty by the end of that seven-day period.                         |

| · | We do not pay interest or other amounts, including any additional amounts, on a debt security of a series within 30 calendar days     
 of its due date and, in the case of PGF, the trustee has not received such amounts from Petrobras under a guaranty by the end of that 
 30-day period.                                                                                                                        |

| · | We remain in breach of any covenant or any other term in respect of a debt security of a series issued under the indenture, or in         
 a supplemental indenture, or, if applicable, under a guaranty for 60 calendar days after we receive a notice of default stating that we   
 are in breach. The notice must be sent by either the trustee or holders of 25% of the principal amount of debt securities of the affected 
 series.                                                                                                                                   |

| · | In the case of any convertible security of Petrobras, it remains in default in the conversion of any security of such series for 30    
 days after it receives a notice of default stating that it is in default. The notice must be sent by either the trustee or the holders 
 of 25% of the principal amount of debt securities of the affected series.                                                              |

| · | The maturity of any indebtedness of PGF, Petrobras or a material subsidiary in a total aggregate principal amount of U.S.$200,000,000 
 (or its equivalent in another currency) or more is accelerated in accordance with the terms of that indebtedness, it being understood 
 that prepayment or redemption by us or a material subsidiary of any indebtedness is not acceleration for this purpose.                |

| · | In the case of Petrobras, if it is adjudicated or found bankrupt or insolvent or it is ordered by a court or pass a resolution to 
 dissolve.                                                                                                                         |

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| · | PGF, Petrobras or any material subsidiary stops paying or is generally unable to pay its debts as they become due, except in the case    
 of a winding-up, dissolution or liquidation for the purpose of and followed by a consolidation, spin-off, merger, conveyance or transfer 
 duly approved by the debt security holders of a series.                                                                                  |

| · | If proceedings are initiated against PGF, Petrobras