Company: PBR
Filing Date: 2025-11-07
Form Type: 6-K
Source: 0001292814-25-003833
Chunk: 44

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-11-07
Form: 6-K
Chunk 44
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 reported by other companies,
however Management believes that it is supplementary information to assess liquidity and helps manage leverage. Adjusted EBITDA should
be considered in conjunction with other metrics to better understand the Company's liquidity. Performance Report 3Q25 I 43 GLOSSARY N
Net Debt: Gross debt less adjusted cash and cash equivalents. Net debt is not a measure defined in the IFRS Accounting Standards and should
not be considered in isolation or as a substitute for total long-term debt calculated in accordance with IFRS Accounting Standards. Our
calculation of net debt may not be comparable to the calculation of net debt by other companies, however our management believes that
net debt is an appropriate supplemental measure that helps investors assess our liquidity and supports leverage management. Net Income
by Business Segment: The information by the company's business segment is prepared based on available financial information that is directly
attributable to the segment or that can be allocated on a reasonable basis, being presented by business activities used by the Executive
Board to make resource allocation decisions, and performance evaluation. When calculating segmented results, transactions with third parties,
including jointly controlled and associated companies, and transfers between business segments are considered. Transactions between business
segments are valued at internal transfer prices calculated based on methodologies that take into account market parameters, and these
transactions are eliminated, outside the business segments, for the purpose of reconciling the segmented information with the consolidated
financial statements of the company, company. O Operating profit after taxes: Adjusted EBITDA, minus DD&A of assets booked at historical
exchange rates and 34% income tax rate. R Refining, Transportation and Marketing (RTM): The segment covers refining, logistics, transportation,
acquisition and export of crude oil, as well as trading in oil products in Brazil and abroad. This segment also includes petrochemical
operations (involving interests in petrochemical companies in Brazil) and fertilizer production. ROCE: operating profit after taxes /
average capital employed, both measured in US$ on a LTM basis. Petrobras | Investor Relations www.petrobras.com.br/ir</div>

<div align='center'>SIGNATURES</div>

Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: November 6, 2025

PETRÓLEO BRASILEIRO S.A–PETROBRASBy: