Company: PBR
Filing Date: 2025-04-03
Form Type: 20-F
Source: 0001292814-25-001352
Chunk: 173

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-04-03
Form: 20-F
Item: Item 17
Chunk 173
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 for external purposes, in accordance with IFRS Accounting Standards, as issued by the IASB.
 Due to its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. In addition, projections of any evaluation of effectiveness of internal control over financial reporting to future periods are subject to the risk of becoming inadequate because of changes in its conditions and assumptions.
 Our management has assessed the effectiveness of our internal control over financial reporting as of December 31, 2024 based on the criteria established in “Internal Controls – Integrated Framework (2013)” issued by the Committee of Sponsoring Organizations of Treadway Commission (COSO). Our management has concluded that our internal control over financial reporting was effective.
 
Audit of the Effectiveness of Internal Control over Financial Reporting
 Our independent registered accounting firm has audited the effectiveness of our internal control over financial reporting as of December 31, 2024, as stated in their report, which is included herein.
 
Changes in Internal Control over Financial Reporting
 There were no significant changes in our internal control over financial reporting during the year ended December 31, 2024 that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

Annual Report and Form 20-F 2024 |
Ombudsman and Internal Investigations
 
Our general ombudsman office provides channels for receiving comments from our internal and external audience, such as claims, requests for information, general requests, suggestions, compliments and complaints, including reports of discrimination and all kinds of harassment.
 In order to receive complaints, we provide a specific whistleblower channel, operated by an independent external company, and allowing for anonymity of the informants.
 All complaints received through the whistleblower channel are forwarded to the ombudsman’s office, which analyzes, classifies, and directs them to the relevant office for follow-up. Allegations regarding compliance issues (fraud, corruption and other matters) and violence in the workplace (sexual violence, moral harassment, discrimination and retaliation) are sent to the governance and compliance office, which has full access, independence, qualification and autonomy to thoroughly investigate allegations of this nature.
 Upon the conclusion of each investigation, we use any material findings to improve our compliance efforts. If any finding indicates that a current or former employee did not comply with certain internal policy, the matter is forwarded to Internal Affairs, responsible for conducting disciplinary processes. The result of the process is submitted to the Integrity Committee for decision, a collegial body that acts independently and reports to the Board of