Company: PBR
Filing Date: 2025-02-27
Form Type: 6-K
Source: 0001292814-25-000660
Chunk: 22

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-02-27
Form: 6-K
Chunk 22
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165 |

Table 31 - Reconciliation of Adjusted EBITDA
by business segment – 3Q24

| US$ million                                           |    E&P |   RTM | G&LCE | CORP. | ELIMIN. |  TOTAL |
| Net income (loss)                                     |  5,415 |   255 |   121 |  -157 |     257 |  5,891 |
| Net finance income (expense)                          |      − |     − |     − |   281 |       − |    281 |
| Income taxes                                          |  2,782 |   155 |    57 |  -921 |     132 |  2,205 |
| Depreciation, depletion and amortization              |  2,211 |   610 |   130 |    32 |       − |  2,983 |
| EBITDA                                                | 10,408 | 1,020 |   308 |  -765 |     389 | 11,360 |
| Results of equity-accounted investments               |    -15 |    45 |    -9 |     2 |       − |     23 |
| Impairment of assets (reversals), net                 |      − |     − |     − |     − |       − |      − |
| Results on disposal/write-offs of assets              |     58 |    13 |     − |    26 |       − |     97 |
| Results from co-participation agreements in bid areas |      − |     − |     − |     − |       − |      − |
| Adjusted EBITDA                                       | 10,451 | 1,078 |   299 |  -737 |     389 | 11,480 |

| PETROBRAS | Performance Report | 4Q24 | 40 |

Glossary

Glossary

A

Adjusted cash and cash equivalents: Sum of cash and cash equivalents and investments in securities in domestic and international markets
that have high liquidity, i.e., convertible into cash within 3 months, even if maturity is longer than 12 months, held for the purpose
of complying with cash commitments. This measure is not defined under the International Financial Reporting Standards – IFRS and
should not be considered in isolation or as a substitute for cash and cash equivalents computed in accordance with IFRS. It may