Company: PBR
Filing Date: 2025-02-27
Form Type: 6-K
Source: 0001292814-25-000664
Chunk: 94

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-02-27
Form: 6-K
Chunk 94
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 Policy for unitization agreements

A unitization agreement occurs when a reservoir
extends across two or more license or contract areas. In this case, partners pool their individual interests in return for an interest
in the overall unit (shared reservoir) and determine their new share in the single producing unit.

Events that occurred prior to the unitization agreement
may lead to the need for compensation between the partners. The compensation will be the difference between the expenses actually incurred
by each party up to the reference date and those that should have been incurred by each party if the established participations in the
shared reservoir by the AIP were already in effect during that period.

At the signing of the AIP, an amount to be reimbursed
to the Company will be recognized as an asset only when there is a contractual right to reimbursement or when the reimbursement is practically
certain. An amount to be reimbursed by the Company will be recognized as a liability when it derives from a contractual obligation or,
when the outflow of funds is deemed probable and the amount can be reliable estimated. The provision will be offset by an increase or
decrease in PP&E, revenues and/or expenses, according to the nature of the events to be reimbursed.

| 81 |

| INDEX |

| 28. | Investments |

| 28.1. | Information on direct subsidiaries, 
 joint arrangements and associates   |

|                                                                                                                                                                                           | Main              
 business segment  |                    % 
 Petrobras' ownership |  % Petrobras' 
 voting rights | Sales revenues (1) |   Share-holders’ 
 equity (deficit) | Net income 
  (loss)for 
   the year | Country        |
| Subsidiaries                                                                                                                                                                              |                   |                      |               |                    |                  |            |                |
| Petrobras International Braspetro - PIB BV                                                                                                                                                | Several           |               100.00 |        100.00 |             44,842 |           59,836 |      3,668 | Netherlands    |
| Petrobras Transporte S.A. - Transpetro                                                                                                                                                    | RT&M              |               100.00 |        100.00 |              2,227 |              932 |        161 | Brazil         |
| Petrobras Logística de Exploração e Produção S.A. - PB-LOG                                                                                                                                | E&P               |               100.00 |        100.00 |                281 |               60 |         99