Company: PBR
Filing Date: 2025-09-05
Form Type: 424B2
Source: 0001104659-25-087755
Chunk: 163

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-09-05
Form: 424B2
Chunk 163
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 trustee (to the extent
funded by the issuer) to DTC’s nominee as the registered holder of the global security. Neither we nor the trustee will have any
responsibility or liability for the payment of amounts to owners of beneficial interests in a global security, for any aspect of the records
relating to or payments made on account of those interests by DTC, or for maintaining, supervising or reviewing any records of DTC relating
to those interests.

Payments by participants and indirect participants
in DTC to the owners of beneficial interests in a global security will be governed by standing instructions and customary practices and
will be the responsibility of those participants or indirect participants and not of DTC, its nominee or us.

Transfers between participants in DTC will be effected
under DTC’s procedures and will be settled in same-day funds. Transfers between participants in Euroclear or Clearstream will be
effected in the ordinary way under the rules and operating procedures of those systems.

Cross-market transfers between DTC participants,
on the one hand, and Euroclear or Clearstream participants, on the other hand, will be effected within DTC through the DTC participants
that are acting as depositaries for Euroclear and Clearstream. To deliver or receive an interest in a global security held in a Euroclear
or Clearstream account, an investor must send transfer instructions to Euroclear or Clearstream, as the case may be, under the rules and
procedures of that system and within the established deadlines of that system. If the transaction meets its settlement requirements, Euroclear
or Clearstream, as the case may be, will send instructions to its DTC depositary to take action to effect final settlement by delivering
or receiving interests in the relevant global securities in DTC, and making or receiving payment under normal procedures for same-day
funds settlement applicable to DTC. Euroclear and Clearstream participants may not deliver instructions directly to the DTC depositaries
that are acting for Euroclear or Clearstream.

Because of time zone differences, the securities
account of a Euroclear or Clearstream participant that purchases an interest in a global security from a DTC participant will be credited
on the business day for Euroclear or Clearstream immediately following the DTC settlement date. Cash received in Euroclear or Clearstream
from the sale of an interest in a global security to a DTC participant will be received with value on the DTC settlement date but will
be available in the relevant Euroclear or Clearstream