Company: PBR
Filing Date: 2025-03-14
Form Type: 6-K
Source: 0001292814-25-000909
Chunk: 86

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-03-14
Form: 6-K
Chunk 86
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 Board of Directors, shall lose office.

Art. 25-In case of vacancy of the
position of Board Member, the substitute shall be elected by the remaining Members and shall serve until the first General Meeting, as
provided for in article 150 of the Brazilian Corporate Act.

§1-The member of the Board of
Directors or Executive Board who is elected in replacement, shall complete the term of office of the replaced member and, at the end of
the term of office, shall remain in office until the investiture of the successor.

§2-If the board member who represents
the employees does not complete the term of office, there must be a new election process in accordance with the law.

§3-In the event referred to
in § 2 above, the substitute member shall complete the term of office of the replaced member.

§4-In the event of vacancy in
the positions of the directors elected by the minority shareholders holding common or preferred shares, the Board of Directors shall call
a General Meeting to elect a substitute within 60 (sixty) days from the effective vacancy of the position.

Art. 26-The Company shall be represented
both in and out of courts, individually, by its CEO or by at least 2 (two) Executive Officers together, whereas it may appoint attorneys
or representatives.

Art. 27-The CEO and Executive Directors
may not be absent from office, annually, for more than 30 (thirty) days, whether consecutive or not, without leave of absence or authorization
of the Board of Directors.

§1-The CEO and Executive Directors
shall be entitled, annually, to 30 (thirty) days of paid license, whereas the payment in double of the remuneration for the license not
enjoyed in the previous year shall be prohibited.

§2-The CEO’s paid leave
will be authorized by the Board of Executive Officers, and the CEO

will authorize the paid leave of the other
members of the Board of Executive Officers.

§3-The CEO shall appoint, from
among the Executive Officers, his possible substitute.

| Shareholder Meetings | 91 |

§4- In case of vacancy of the
position of CEO, the Chairman of the Board of Directors shall appoint the substitute from among the other members of the Executive Board
until the election of the new CEO in compliance with art 20 of these Bylaws.

§5-In the event of vacancy of
any member of the Board of Executive Officers, the CEO will appoint a replacement