Company: PBR
Filing Date: 2025-02-27
Form Type: 6-K
Source: 0001292814-25-000664
Chunk: 102

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-02-27
Form: 6-K
Chunk 102
---
 value (see note 11). |               |                                       |                           |                                |                                                      |

Sépia and Atapu

In 2022, Petrobras signed Production Individualization
Agreements (AIPs) for Atapu and Sépia fields, according to the results of the Second Bidding Round for the Surplus Volume of the
Transfer of Rights Agreement in the Production Sharing regime, which was held in 2021. Petrobras explores the Sépia field in a
consortium with TotalEnergies (28% interest), Petronas Petróleo Brasil Ltda. (21% interest) and QP Brasil Ltda. (21% interest),
while the Atapu field is explored in a consortium with Shell Brasil Petróleo Ltda (25% interest) and TotalEnergies EP Brasil Ltda.
(22.5% interest).

In addition to the amounts received by Petrobras
in previous years following the signing of the AIPs, as established in Ordinance No. 8/2021, whenever the price of Brent oil reaches an
annual average ranging from US$ 40.00 to US$ 70.00, an earnout is due to Petrobras, for which the Company expects to receive
a maximum of US$ 5,244 between 2022 and 2032.

In 2024, the Company recognized, within the Statement
of financial position, portions of these contingent assets, amounting to US$ 262, of which: (i) US$ 161 relates to the earnout of 2025,
which is expected to be received in 2026; and (ii) US$ 101 for the update of the earnout of 2024, received in January 2025. In previous
periods, the Company had already recognized the total amount of US$ 948 within the Statement of financial position, of which US$ 255 was
recognized in 2023 and US$ 693 in 2022.

| 87 |

| INDEX |

| 30. | Finance debt |

| 30.1. | Balance by type of finance debt |

| In Brazil                        | 12.31.2024 | 12.31.2023 |
| Banking market                   |      2,828 |      2,262 |
| Capital market                   |      2,225 |      3,130 |
| Development banks (1)            |