Company: PBR
Filing Date: 2025-02-27
Form Type: 6-K
Source: 0001292814-25-000670
Chunk: 101

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-02-27
Form: 6-K
Chunk 101
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         2023 |
| Statement of income                                   |         |              |
| Impairment (losses) reversals                         |  -9,371 |      -13,111 |
| Exploratory assets                                    |  -1,241 |       -1,796 |
| Impairment on equity-accounted investments            |      64 |           -9 |
| Net effect within the statement of income             | -10,548 |      -14,916 |
| Losses                                                | -11,773 |      -16,212 |
| Reversals                                             |   1,225 |        1,296 |
| Statement of Financial Position                       |         |              |
| Property, plant and equipment (1)                     |  -9,099 |      -13,619 |
| Intangible assets (1)                                 |  -1,239 |       -1,796 |
| Assets classified as held for sale                    |    -214 |          508 |
| Investments                                           |       4 |           -9 |
| Net effect within the statement of financial position | -10,548 |      -14,916 |

(1) For more information see note 25.1.

The Company assesses the recoverability of assets annually,
or when there is an indication of impairment, as well as reversal of impairment losses recognized in prior years.

On November 21, 2024, management concluded and
approved its Business Plan 2025-2029, considering a complete update of economic assumptions, as well as its project portfolio and estimates
of reserve volumes.

The investment planned for the period 2025-2029
is US$111 billion, of which 69% is allocated to oil and gas Exploration and Production (E&P).

| 74 |

| NOTES TO THE FINANCIAL STATEMENTSPETROBRAS(In millions of reais, unless otherwise indicated) |

| 25.1. | Impairment of property, plant and equipment and intangible assets |

|                                                                                                                                                                                                    |          |                        |                       |     |                  | Consolidated |
| Assets or CGU by nature (1)                                                                                                                                                                        | Carrying 
   amount | Recoverable amount (2) | -Impairment) Reversal 
                    (3 |     | Business Segment |     Comments |
|                                                                                                                                                                                                    |          |                        |                       |     |                  |         2024 |
| Producing properties relating to oil and gas activities in Brazil (several