Company: PBR
Filing Date: 2025-05-13
Form Type: 6-K
Source: 0001292814-25-002053
Chunk: 7

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-05-13
Form: 6-K
Chunk 7
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 2008, in the estimated
amount of R$ 4,872 (R$ 4,712 at December 31, 2024).

| 25 |

| This interim financial information should be read together with the Company’s audited annual financial statements(Expressed in millions of reais, unless otherwise indicated) |

| 11. | Trade payables |

|                             |            | Consolidated |            | Parent Company |
|                             | 03.31.2025 |   12.31.2024 | 03.31.2025 |     12.31.2024 |
| Third parties in Brazil     |     21,193 |       22,644 |     20,009 |         21,401 |
| Third parties abroad        |      9,910 |       14,917 |      5,927 |          8,879 |
| Related parties (note 27.1) |        162 |           98 |      8,424 |          9,461 |
| Total                       |     31,265 |       37,659 |     34,360 |         39,741 |

Forfaiting

The Company has a program to encourage the development
of the oil and gas production chain called “Mais Valor”(More Value), operated by a partner company on a 100% digital
platform.

By using this platform, the suppliers who want
to anticipate their receivables may launch a reverse auction, in which the winner is the financial institution which offers the lowest
discount rate. The financial institution becomes the creditor of invoices advanced by the supplier, and Petrobras pays the invoices on
the same date and under the conditions originally agreed with the supplier.

Invoices are advanced in the “Mais Valor”
program exclusively at the discretion of the suppliers and do not change the terms, prices and commercial conditions contracted by Petrobras
with such suppliers, as well as it does not add financial charges to the Company, therefore, the classification is maintained as Trade
payables in Statements of Cash Flows (Cash flows from operating activities).

As of March 31, 2025, the balance advanced by suppliers, within
the scope of the program, is R$ 835 (R$ 832 as of December 31, 2024) and has a payment term from 4 to 92 days and a weighted average term
of 58 days (payment term from 7 to