Company: PBR
Filing Date: 2025-11-28
Form Type: 6-K
Source: 0001292814-25-004085
Chunk: 10

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-11-28
Form: 6-K
Chunk 10
---
2030 Brent (US$/bbl) 63
70 70 70 70 FX nominal (R$/US$) 5.8 5.8 5.8 5.8 5.8 Diesel Crack (US$/bbl) 20 19 19 19 19 Gasoline Crack (US$/bbl) 14 13 12 12 12 Cash
flow from Investments Dividends Leasings New Projects Financial expenses Net amortization Total Portfolio Sources and Uses of Cash 0-5
5-10 190-220 0-5 45-50 10-15 45-50 85-95 Sources Uses 1Includes cash surplus at the beginning of the period.2Includes contingent and deferred
payments and divestments. Notes:Operating cash flow (OCF) and leases for the Implementation Target and Implementation Base portfolios
are fully contained within the ranges presented. Decommissioning expenses: US$ 10 billion 2026 2027 2028 2029 2030 OCF 35 40 42 42 42
Cash CAPEX 18 20 21 17 17 Leasings 10 10 9 9 9 Assumptions Annual forecasts Sensitivities 35 Leasing optimization 35 2.9 2.8 2.8 2.7 2.6
5.3 5.5 5.0 5.4 5.1 1.3 1.0 1.0 1.0 1.0 0.3 0.3 0.3 0.4 0.4 2026 2027 2028 2029 2030 FPSO Capex/Opex * Decommissioning SG&A Expenditure
Categorization US$ billion 9.8 9.7 9.1 9.4 9.0 *CAPEX accounts for approximately 60% of this category. Efficient and flexible capital
structure in challenging scenarios enables the maintenance of the dividend policy US$ 75 billion debt limit reaffirmed Financial Debt
Leasings 36 63 54 36 30 29 23 27 25 23 23 25 25 24 22 23 24 34 37 43 42 42 42 40 40 2019 202