Company: PBR
Filing Date: 2025-09-03
Form Type: 424B2
Source: 0001104659-25-086714
Chunk: 113

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-09-03
Form: 424B2
Chunk 113
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 and the indenture without withholding or deducting any present
or future taxes, levies, deductions or other governmental charges of any nature imposed by Brazil, the jurisdiction of PGF’s incorporation
(currently the Netherlands) or any jurisdiction in which PGF appoints a paying agent under the indenture, or any political subdivision
of such jurisdictions (the “taxing jurisdictions”). If PGF or Petrobras, as applicable, is required by law to withhold or
deduct any taxes, levies, deductions or other governmental charges, PGF or Petrobras, as applicable, will make such deduction or withholding,
make payment of the amount so withheld to the appropriate governmental authority and pay the holders any additional amounts necessary
to ensure that they receive the same amount as they would have received without such withholding or deduction. For the avoidance of doubt,
the foregoing obligations shall extend to payments under the guaranty. In the case of payments by Petrobras, in order for a holder to
be entitled to receive the additional amount, the holder must not be a resident of Brazil.

All references to principal, premium, if any, and
interest in respect of the debt securities will be deemed to refer to any additional amounts which may be payable as set forth in the
indenture or in the debt securities.

PGF or Petrobras, as applicable, will not, however,
pay any additional amounts in connection with any tax, levy, deduction or other governmental charge that is imposed due to any of the
following (“excluded additional amounts”):

| · | the holder has a connection with the taxing jurisdiction other than merely holding the debt securities or receiving principal or interest      
 payments on the debt securities (such as citizenship, nationality, residence, domicile, or existence of a business, a permanent establishment, 
 a dependent agent, a place of business or a place of management, present or deemed present within the taxing jurisdiction);                    |

| · | any tax imposed on, or measured by, net income; |

| · | the holder fails to comply with any certification, identification or other reporting requirements concerning its nationality, residence,   
 identity or connection with the taxing jurisdiction, if such compliance is required by applicable law, regulation, administrative practice 
 or treaty as a precondition to exemption from all or a part of the tax, levy, deduction or other governmental charge;                      |

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| · | the holder fails to present (where presentation is required) its debt securities within 30 calendar days after PGF or Petro