Company: PBR
Filing Date: 2025-11-28
Form Type: 6-K
Source: 0001292814-25-004081
Chunk: 1

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-11-28
Form: 6-K
Chunk 1
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criteria in the governance for projects approvals.

Over the horizon of BP 2026-30, Petrobras
forecasts total investments (Capex) of US$ 109 billion, of which US$ 91 billion will be in projects in the Implementation Portfolio and
US$ 18 billion in the Under Evaluation Portfolio, composed of opportunities with a lower degree of maturity.

To ensure financial resilience and flexibility
to respond to market conditions, the Plan introduces a new mechanism for the Implementation Portfolio, with two classifications:

| · | “Implementation Base Portfolio”:                                                                              
 US$ 81 billion, which includes projects whose budget was approved in the Plan, even if not yet sanctioned[1]. |

| · | “Implementation Target Portfolio”: US$                                                                                                          
 91 billion, which, in addition to the projects in the Implementation Base Portfolio (US$ 81 billion), includes projects (US$ 10 billion)        
 whose budget confirmation is subject to a financing analysis. Quarterly assessments, based on projections for cash flows and capital structure, 
 will determine the progress of these projects, as well as any prioritization.                                                                   |

[1] Sanctioned projects are investments with approved expenditures for the execution of their scope. The economic merit of unsanctioned projects will still be evaluated according to the governance for projects evaluation.

| www.petrobras.com.br/irFor more information:PETRÓLEO BRASILEIRO S.A. – PETROBRAS | Investor RelationsEmail: petroinvest@petrobras.com.br/acionistas@petrobras.com.brAv. Henrique Valadares, 28 – 9th floor – 20231-030 – Rio de Janeiro, RJ.Tel.: 55 (21) 3224-1510/9947 This document may contain forecasts within the meaning of Section 27A of the Securities Act of 1933, as amended (Securities Act), and Section 21E of the Securities Trading Act of 1934, as amended (Trading Act) that reflect the expectations of the Company's officers. The terms: "anticipates", "believes", "expects", "predicts", "intends", "plans", "projects", "aims", "should," and similar terms, aim to identify such forecasts, which evidently involve risks or uncertainties, predicted or not by the Company. Therefore, future results of the Company's operations may differ from current expectations, and the reader should not rely solely on the information included herein |

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