Company: PBR
Filing Date: 2025-11-07
Form Type: 6-K
Source: 0001292814-25-003833
Chunk: 1

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-11-07
Form: 6-K
Chunk 1
---
well as other similar terms, are intended to identify such forecasts, which, of course, involve risks and uncertainties foreseen or not
foreseen by the company and, consequently, are not guarantees of the company's future results. Therefore, future results of the company's
operations may differ from current expectations, and the reader should not rely solely on the information contained herein. The Company
undertakes no obligation to update the presentations and forecasts in the light of new information or future developments. The figures
reported for 4Q25 onwards are estimates or targets. Additionally, this presentation contains some financial indicators that are not recognized
under BR GAAP or IFRS Accounting Standards. These indicators do not have standardized meanings and may not be comparable to indicators
with a similar description used by other companies. We provide these indicators because we use them as measures of the company's performance;
they should not be considered in isolation or as a substitute for other financial metrics that have been disclosed in accordance with
BR GAAP or IFRS Accounting Standards. See definitions of Free Cash Flow, Adjusted EBITDA and Net Debt in the Glossary and respective reconciliations
in the Liquidity and Capital Resources, Reconciliation of Adjusted EBITDA and Net Debt sections. Consolidated interim financial information
has been prepared in accordance with IFRS Accounting Standards and reviewed by independent auditors. Performance Report 3Q25 I 4 HIGHLIGHTS
Highlights 3Q25 “Petrobras is delivering positive financial results and returns to its shareholders, despite the new oil price level.
Over the last twelve months, Brent prices have fallen by $11 per barrel, and we have managed to offset this impact on revenue by increasing
our oil production to over 2.5 million barrels per day, setting several operational records. We have improved our efficiency, reduced
production stoppages, and reached the peak production of FPSO Almirante Tamandaré, surpassing its nominal capacity. These multiple
initiatives are translate into concrete results for the company, its shareholders, and Brazilian society." Fernando Melgarejo, Chief Financial
Officer and Investor Relations Officer Main financial highlights •Consistent performance: Adjusted EBITDA excluding one-off events
of $12.0 billion andNet income excluding one-off events of $5.2 billion •Operational Cash Flow of $9.9 billion and Free Cash Flow
of $5.0 billion Contribution to society •We paid R$ 68 billion in taxes