Company: PBR
Filing Date: 2025-09-05
Form Type: 424B2
Source: 0001104659-25-087755
Chunk: 110

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-09-05
Form: 424B2
Chunk 110
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 to, but excluding, the repayment date. (Petrobras Section 11.04; PGF Section 11.04)

In the event that we exercise an option to redeem
any debt security, we will give to the trustee and the holder written notice of the principal amount of the debt security to be redeemed,
not less than 30 days nor more than 60 days before the applicable redemption date. Such notice may at our option be subject to the satisfaction
of one or more conditions precedent, and it may be rescinded or the applicable redemption date delayed in the event that any or all such
conditions shall not have been satisfied by the applicable redemption date. Any conditions precedent shall be described in such notice.
We will give the notice in the manner described above under “Additional Mechanics—Notices.”

If a debt security represented by a global security
is subject to repayment at the holder’s option, the depositary or its nominee, as the holder, will be the only person that can exercise
the right to repayment. Any indirect holders who own beneficial interests in the global security and wish to exercise a repayment right
must give proper and timely instructions to their banks or brokers through which they hold their interests, requesting that they notify
the depositary to exercise the repayment right on their behalf. Different firms have different deadlines for accepting instructions from
their customers, and you should take care to act promptly enough to ensure that your request is given effect by the depositary before
the applicable deadline for exercise.

Street name and other indirect holders should contact their banks or brokers for information about how to exercise a repayment right in a timely manner.

In the event that the option of the holder to elect
repayment as described above is deemed to be a “tender offer” within the meaning of Rule 14e-1 under the Exchange Act,
we will comply with Rule 14e-1 as then in effect to the extent it is applicable to us and the transaction.

Subject to any restrictions that will be described
in the prospectus supplement, we or our affiliates may purchase debt securities from investors who are willing to sell from time to time,
either in the open market at prevailing prices or in private transactions at negotiated prices. Debt securities that we or they purchase
may, in our discretion, be held, resold or canceled.

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Optional Tax Redemption

Unless otherwise indicated in a prospectus supplement,
we may have the option to redeem, in whole but not in part, the debt securities where