Company: PBR
Filing Date: 2025-09-05
Form Type: 424B2
Source: 0001104659-25-087755
Chunk: 109

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-09-05
Form: 424B2
Chunk 109
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. (Petrobras Section 1.04; PGF Section 1.04)

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Street name and other indirect holders should consult their banks or brokers for information on how approval may be granted or denied if we seek to change the indenture or the debt securities or request a waiver.

Redemption and Repayment

Unless otherwise indicated in the applicable prospectus
supplement, your debt security will not be entitled to the benefit of any sinking fund; that is, we will not deposit money on a regular
basis into any separate custodial account to repay your debt securities. In addition, other than as set forth in “Optional Tax Redemption”
below, we will not be entitled to redeem your debt security before its stated maturity unless the applicable prospectus supplement specifies
a redemption commencement date. You will not be entitled to require us to buy your debt security from you, before its stated maturity,
unless the applicable prospectus supplement specifies one or more repayment dates.

If the applicable prospectus supplement specifies
a redemption commencement date or a repayment date, it will also specify one or more redemption prices or repayment prices, which may
be expressed as a percentage of the principal amount of your debt security or by reference to one or more formulae used to determine the
redemption price(s). It may also specify one or more redemption periods during which the redemption prices relating to a redemption of
debt securities during those periods will apply.

If the applicable prospectus supplement specifies
a redemption commencement date, we may redeem your debt security at our option at any time on or after that date. If we redeem your debt
security, we will do so at the specified redemption price, together with interest accrued to, but excluding, the redemption date. If different
prices are specified for different redemption periods, the price we pay will be the price that applies to the redemption period during
which your debt security is redeemed. If less than all of the debt securities are redeemed, the trustee will choose the debt securities
to be redeemed by lot, or of any method deemed fair and appropriate to the trustee, pro rata, subject to the current rules and procedures
of the applicable depositary. (Petrobras Section 11.03; PGF Section 11.03)

If the applicable prospectus supplement specifies
a repayment date, your debt security will be repayable by us at your option on the specified repayment date(s) at the specified repayment
price(s), together with interest accrued and any additional amounts