Company: PBR
Filing Date: 2025-09-03
Form Type: 424B2
Source: 0001104659-25-086714
Chunk: 146

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-09-03
Form: 424B2
Chunk 146
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 accordance with the provisions of the deposit agreements and distribute to the ADR holders a notice stating (i) final information
particular to such vote and meeting and any solicitation materials, (ii) that each ADR holder on the record date set by the depositary
will, subject to any applicable provisions of Brazilian law, rule or regulation and Petrobras’ constituent documents, be entitled
to instruct the depositary to exercise the voting rights, if any, pertaining to the shares underlying such ADR holder’s ADSs and
(iii) the manner in which such instructions may be given, including instructions to give a discretionary proxy to a person designated
by us. Each ADR holder is solely responsible for the forwarding of such notices to the beneficial owners of ADSs registered in such ADR
holder’s name. Following actual receipt by the ADR department responsible for proxies and voting of ADR holders’ instructions
(including, without limitation, instructions of any entity or entities acting on behalf of the nominee for DTC), the depositary shall,
in the manner and on or before the time established by the depositary for such purpose, endeavor to vote or cause to be voted the shares
represented by the ADSs evidenced by such ADR holders’ ADRs in accordance with such instructions insofar as practicable and permitted
under the provisions of or governing Petrobras’ shares.

Without limiting any of the foregoing, to the extent
the depositary does not receive voting instructions with respect to any one or more ADSs, the depositary shall take such actions as are
necessary, upon Petrobras’ written request and subject to applicable law and the terms of the shares, to cause the amount of shares
represented by such ADSs to be counted for the purpose of satisfying applicable quorum requirements, provided, however that the depositary
shall not represent or present for quorum purposes any deposited securities represented by ADSs for which voting instructions were not
received unless and until the depositary has been provided with an opinion of Petrobras’ internal or external counsel, in form and
substance reasonably satisfactory to the depositary. ADR holders and beneficial owners of ADSs are strongly encouraged to forward their
voting instructions to the depositary as soon as possible. For instructions to be valid, the ADR department of the depositary that is
responsible for proxies and voting must receive them in the manner and on or before the time specified, notwithstanding that such instructions
may have been physically received by the depositary prior to such