Company: PBR
Filing Date: 2025-08-08
Form Type: 6-K
Source: 0001292814-25-002980
Chunk: 1

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-08-08
Form: 6-K
Chunk 1
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", "believes", "expects", "predicts", "intends", "plans", "projects", "aims", "should", as 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 3Q25 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 financial information prepared in accordance with IFRS Accounting Standards and revised by the independent auditors.

| Performance Report 2Q25 I 3 |

Highlights – 2Q25

Our operational performance in the second quarter was excellent, driven by the implementation of new production systems and improved efficiency in operating fields. These factors allowed us to increase oil and gas volumes, positively impacting financial results and mitigating the impacts of the decline in Brent prices. Net income and adjusted EBITDA, excluding one-off events, remained at the same level as the previous quarter, when Brent prices were 10% higher."

Fernando Melgarejo, Chief Financial Officer and Investor Relations Officer

Main financial highlights

| • | Consistent results: Adjusted EBITDA without one-off events of US$ 10.2 
 billion and Net income without one-off events of US$ 4.1 billion       |

| • | Operating cash flow of US$ 7.5 billion and Free cash flow of US$ 3.4 
 billion                                                              |

•Capex of US$ 4.4 billion in 2Q25, 9% higher