Company: PBR
Filing Date: 2025-02-27
Form Type: 6-K
Source: 0001292814-25-000664
Chunk: 20

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-02-27
Form: 6-K
Chunk 20
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 84.8/CO in 2045, and US$ 100.3/CO
in 2050, including gradual emission exemptions, to simulate additional cash outflows (net of income taxes), and keeping all other components,
variables, assumptions and data for the calculation of recoverable amount unchanged, the E&P segment would have an additional US$ 232
impairment loss.

The Company does not consider this sensitivity
analysis of the effect of greenhouse gas emissions pricing costs on the impairment test of assets to be the best estimate to determine
expected effects on the recoverable amount, neither the estimated effects on expenses nor net income.

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| INDEX |

a.2) Potential effects on decommissioning costs

Due to its operations, the Company has legal obligations
to remove equipment and restore onshore and offshore areas. On December 31, 2024, the provision for decommissioning costs recognized by
the Company totaled US$ 26,203, as set out in Note 20. On an undiscounted basis the nominal amount would be US$ 51,953.

The estimated timing used by the Company to account
for decommissioning costs are consistent with the useful lives of the related assets. The average decommissioning period of oil and gas
assets weighted by the carrying amounts of such assets is 14 years.

During 2024, there were no issuances of government
regulations related to climate matters that changed or had potential to change the period for decommissioning the Company's assets, as
well as no identification any triggers that would accelerate the expected dates for decommissioning the Company's assets due to the Company’s
climate goals and ambition to neutralize GHG emissions in activities under its control (scopes 1 and 2) by 2050.

A transition to a low-carbon economy that is faster
than anticipated by the Company may accelerate the timing to remove equipment and restore onshore or offshore areas. Such acceleration
would increase the present value of the decommissioning obligations recognized by the Company.

To illustrate the effect of a possible acceleration
of the transition to a low-carbon economy, the Company estimates that the provision for decommissioning costs would increase by US$ 1,096,
US$ 3,553 and US$ 5,913 if the timing currently used were brought forward by one, three and five years, respectively. This sensitivity
analysis assumed that all other components, variables, assumptions and data for calculating the provision