Company: PBR
Filing Date: 2025-09-05
Form Type: 424B2
Source: 0001104659-25-087755
Chunk: 7

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-09-05
Form: 424B2
Chunk 7
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 is no assurance that the expected events, trends or results will actually occur.

We have made forward-looking
statements that address, among other things:

| · | Petrobras’s marketing and expansion strategy; |

| · | Petrobras’s exploration and production 
 activities, including drilling;        |

| · | Petrobras’s activities related to refining,                                                                                                    
 import, export, transportation of oil, natural gas and oil products, petrochemicals, power generation, biofuels and other sources of renewable 
 energy;                                                                                                                                        |

| · | Petrobras’s commitment with respect to                         
 ESG practices and low carbon and environmental sustainability; |

| · | Petrobras’s projected and targeted capital 
 expenditures, commitments and revenues;    |

| · | Petrobras’s liquidity and sources of funding; |

| · | Petrobras’s pricing strategy and development 
 of additional revenue sources; and           |

| · | the impact, including cost, of acquisitions and 
 divestments.                                    |

Our forward-looking statements
are not guarantees of future performance and are subject to assumptions that may prove incorrect and to risks and uncertainties that are
difficult to predict. Our actual results could differ materially from those expressed or forecast in any forward-looking statements as
a result of a variety of assumptions and factors. These factors include, but are not limited to, the following:

| · | Petrobras’s ability to obtain financing; |

| · | general economic and business conditions, including                                   
 crude oil and other commodity prices, refining margins and prevailing exchange rates; |

| · | global economic conditions; |

| · | Petrobras’s ability to find, acquire or                                                      
 gain access to additional reserves and to develop Petrobras’s current reserves successfully; |

| · | uncertainties inherent in making estimates of                                 
 our oil and gas reserves, including recently discovered oil and gas reserves; |

| · | competition; |

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| · | technical difficulties in the operation of Petrobras’s 
 equipment and the provision of Petrobras’s services;   |

| · | changes in, or failure to comply with, laws or                                      
 regulations, including with respect to fraudulent activity, corruption and bribery; |

| · | receipt of governmental approvals and licenses; |

| · | international and Brazilian political, economic                                                                           
 and social developments, including the role of the Brazilian government, as our controlling shareholder, in our business; |

| · | natural disasters, accidents, military operations, 
 acts of sabotage, wars or embarg