Company: PBR
Filing Date: 2025-02-27
Form Type: 6-K
Source: 0001292814-25-000664
Chunk: 48

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-02-27
Form: 6-K
Chunk 48
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’s and individual performance were achieved in that year, and US$ 86 as an advance 
 made in December 2024 relating to the program for 2024;                                                                              |

| · | Provisioned US$ 468 referring to 2024 (US$ 415                                                                                             
 for the same period of 2023), recorded in other income and expenses, including variable compensation programs from consolidated companies. |

Accounting policy for variable compensation programs (PLR and PRD)

The provisions for variable compensation programs
are recognized on an accrual basis, during the periods in which the employees provided services. They represent the estimates of future
disbursements arising from past events, based on the criteria and metrics of the PRD and PLR, provided that the requirements for activating
these programs are met and that the obligation can be reliably estimated.

| 18.2. | Termination benefits |

Termination benefits are employee benefits provided
in exchange for the termination of labor contract as a result of either: i) the Company’s decision to terminate the labor contract
before the employee’s normal retirement date; or ii) an employee’s decision to accept an offer of benefits in exchange for
the termination of their employment.

| 43 |

| INDEX |

Voluntary severance programs

The Company has voluntary severance programs (PDV),
specific for employees of the corporate segment and of divestment assets, which provide for the same legal and indemnity advantages. These
programs are currently closed for enrollment.

Recognition of the liability and the expense for
termination benefits occur as employees enroll to the programs.

The Company disburses the severance payments in
two installments, one at the time of termination and the remainder one year after the termination.

As of December 31, 2024, termination liabilities
amounts to US$ 72, relating to 743 employees enrolled in voluntary severance programs with expected termination by December 2027,
in addition to the second installment of 23 retired employees.

| 18.3. | Post-employment benefits |

The Company maintains a health care plan for its
employees in Brazil (active and retiree) and their dependents (Saúde Petrobras - AMS), and five other major plans of post-employment
benefits (collectively referred to as “pension plans”).

The following table presents the balance of post-employment
benefits:

|                                                                  | 12.31.2024 | 12.31.2023 |
| Liabilities                                                      |            |