Company: PBR
Filing Date: 2025-02-27
Form Type: 6-K
Source: 0001292814-25-000670
Chunk: 67

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-02-27
Form: 6-K
Chunk 67
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$ 127 increase in actuarial liabilities, as follows: (i) a R$ 6,955 expense within other income
and expenses, due to the change in the benefit costing; and (ii) a R$ 6,828 gain within other comprehensive income due to the revision
of actuarial assumptions, mainly the increase in the discount rate applied to the actuarial liability, from 5.45% as of December 31, 2023
to 6.48% as of June 30, 2024, and to the reduction in the estimated change in medical and hospital medical costs, from 13.11% as of December
31, 2023 to 12.70% as of June 30, 2024.

The other actuarial assumptions used to carry out
the intermediate remeasurement in the second quarter of 2024 had no change in relation to those used in the annual remeasurement made
as of December 31, 2023.

Annual health plan review

On December 31, 2024, the liability was remeasured using current
actuarial assumptions, the result of which is shown in table (a) of item 18.3.2 – Amounts in the financial statements related to
defined benefit plans.

Pension plans

The sponsored pension plans are managed by Petros Foundation,
which was constituted as a non-profit legal entity governed by private law with administrative and financial autonomy.

The pension plans are regulated by the Conselho Nacional de Previdência Complementar – CNPC, which includes all guidelines and procedures to be adopted by the plans for their
management and relationship with stakeholders.

Petros periodically evaluates the plans in compliance with
the supplementary pension rules in force and, when applicable, establishes measures with the objective of offering sustainability to the
plans.

The net obligation with pension plans recorded
by the Company is measured in accordance with the requirements of IFRS which has a different measurement methodology to that applicable
to pension funds in Brazil, which are regulated by the CNPC.

The main difference between these methodologies
is that, in the CNPC criterion, Petros Foundation considers the future cash flows of normal and extraordinary sponsor’s contributions,
discounted to present value, while the Company considers these cash flows as they are realized. In addition, Petros Foundation sets the
real interest rate based on profitability expectations and on parameters set by PREVIC - Superintendência Nacional de Previdência Complement