Company: PBR
Filing Date: 2025-05-13
Form Type: 6-K
Source: 0001292814-25-002051
Chunk: 34

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-05-13
Form: 6-K
Chunk 34
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aturity                 
 Date                     | US$ million | R$ million |
| Foreign exchange rate gains and losses on proportion of non-derivative financial instruments cash flows | Foreign exchange rate gains and losses of highly probable future monthly exports revenues | Foreign Currency                             
 – Real vs U.S. Dollar                        
 Spot Rate                                    | April 2025 to March 2035 |      68,787 |    394,986 |

| 41 |

| Changes in the present value of hedging instrument notional value                                       | US$ million | R$ million |
| Amounts designated as of December 31, 2024                                                              |      65,900 |    408,073 |
| Additional hedging relationships designated, designations revoked and hedging instruments re-designated |       8,842 |     51,444 |
| Exports affecting the statement of income                                                               |      -2,757 |    -16,364 |
| Principal repayments / amortization                                                                     |      -3,198 |    -18,748 |
| Foreign exchange rate variations                                                                        |           - |    -29,419 |
| Amounts designated as of March 31, 2025                                                                 |      68,787 |    394,986 |
| Nominal value of hedging instrument (finance debt and lease liability) at March 31, 2025                |      90,414 |    519,177 |

In the three-month period ended March 31, 2025,
the Company recognized a US$ 82 gain within foreign exchange rate gains (losses) due to ineffectiveness (a US$ 8 loss in the
same period of 2024).

The average ratio of future exports for which cash
flow hedge accounting was designated to the highly probable future exports is 74.37%.

A roll-forward schedule of cumulative foreign exchange
rate losses recognized in equity to be realized by future exports is set out below:

|                                         | Jan-Mar/2025 | Jan-Mar/2024 |
| Opening balance                         |      -30,845 |      -18,210 |
| Recognized in equity                    |        4,852 |       -2,022 |
| Reclassified to the statement of income |          722 |          697 |
| Other comprehensive income (loss)       |        5,574 |       -1,325 |
| Closing balance                         |      -25,271 |      -19,535 |

Additional hedging relationships may be revoked
or