Company: PBR
Filing Date: 2025-09-03
Form Type: 424B2
Source: 0001104659-25-086714
Chunk: 20

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-09-03
Form: 424B2
Chunk 20
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,316 |     |                |
| Total                 
 finance debt(2)       |     |                     |  25,791 |     |                |
| Equity(3)             |     |                     |  73,628 |     |                |
| Total capitalization  |     |                     | 141,692 |     |                |

| (1) | As adjusted to reflect U.S.$        in net proceeds from the issuance of Notes offered hereby (including the                            
 underwriting discount indicated on the cover page of this prospectus supplement, but not reflecting expenses related to this offering), 
 without giving effect to the application of net cash proceeds of this offering.                                                         |
| (2) | Of which U.S.$7,953 million is denominated in Brazilian reais and U.S.$17,838 million is denominated in                                 
 other currencies.                                                                                                                       |
| (3) | Consisting of (a) 7,442,231,382 common shares and (b) 5,446,501,379 preferred shares, in each                                           
 case with no par value and in each case which have been authorized and issued.                                                          |

<div align='center'>S-19

DESCRIPTION OF THE NOTES</div>

The following description of the terms of the Notes supplements and modifies the description of the general terms and provisions of debt securities and the indenture set forth in the accompanying prospectus, which you should read in conjunction with this prospectus supplement. In addition, we urge you to read the indenture, including the seventh supplemental indenture in connection with the 20 Notes, and the eighth supplemental indenture in connection with the 20 Notes, because they will define your rights as holders of the 20 Notes and the 20 Notes, respectively. If the description of the terms of the Notes in this prospectus supplement differs in any way from that in the accompanying prospectus, you should rely on the information contained in this prospectus supplement. You may obtain copies of the indenture, including the seventh supplemental indenture and the eighth supplemental indenture, upon written request to the trustee or with the SEC at the addresses set forth under “Where You Can Find More Information.”

The Seventh Supplemental Indenture and the Eighth Supplemental Indenture.

PGF will issue the Notes under
an indenture dated as of August 28, 2018 between PGF and The Bank of New York Mellon, a New York banking corporation, as trustee.
This indenture will be supplemented by the seventh