Company: PBR
Filing Date: 2025-08-08
Form Type: 6-K
Source: 0001292814-25-002976
Chunk: 23

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-08-08
Form: 6-K
Chunk 23
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,688 |

| 17.4. | Production Individualization 
 Agreements (AIPs)            |

Petrobras has AIPs signed in Brazil with partner
companies in E&P consortia. These agreements result in reimbursements payable to (or receivable from) partners regarding expenses
and production volumes mainly related to Agulhinha, Albacora Leste, Berbigão, Budião Noroeste, Budião Sudeste, Caratinga,
Sururu and the pre-salt layer of Jubarte.

| 33 |

Provision for equalizations (1)

The table below presents changes in the reimbursements
payable relating to the execution of the AIPs submitted to the approval of the ANP:

|                                                                            |     | Jan-Jun/2025 | Jan-Jun/2024 |
| Opening balance                                                            |     |          577 |          462 |
| Additions to PP&E, net of write-offs                                       |     |         -353 |          118 |
| Payments made                                                              |     |            − |           -1 |
| Other income and expenses                                                  |     |          676 |           25 |
| Translation adjustments                                                    |     |           97 |          -70 |
| Closing balance (1)                                                        |     |          997 |          534 |
| (1) Notably Berbigão, Sururu, Agulhinha and the pre-salt layer of Jubarte. |     |              |              |

In May 2025, the Company submitted for approval
of the ANP the AIP of the Jubarte pre-salt layer shared reservoir in the Campos Basin, comprising the following areas:

| · | Jubarte Field area (BC-60) representing 97.25% 
 of the shared reservoir;                       |

| · | Non-contracted areas (Brazilian Federal Government,                  
 represented by PPSA) representing 1.89% of the shared reservoir; and |

| · | Argonauta Field area (BC-10) representing 0.86% 
 of the shared reservoir.                        |

In July 2025, this AIP was approved by the ANP,
effective as of August 1, 2025.

With the approval of the AIP, negotiations for
the Agreement on Expenditure and Volume Equalization will begin, enabling the financial settlement of previously provisioned amounts upon
its conclusion.

| 17.5. | Capitalization rate used to determine                     
 the