Company: PBR
Filing Date: 2025-04-03
Form Type: 20-F
Source: 0001292814-25-001352
Chunk: 159

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-04-03
Form: 20-F
Item: Item 17
Chunk 159
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 dismissal of independent registered accounting firm, which are prohibited from providing consulting services to us during the term of an audit’s contract. Our audit committee has the authority to recommend pre-approval policies and procedures for the engagement of our independent registered accounting firm’s services. Our management is required to obtain the audit committee’s pre-approval before engaging an independent registered accounting firm to provide any audit or permitted non-audit services to us or any of our consolidated subsidiaries. Our audit committee has pre-approved a detailed list of audit services up to specified monetary thresholds. The list of pre-approved services is updated from time to time. The audit services that are not included in the list, or that exceed the thresholds specified therein must be directly approved by our audit committee. Our audit committee monitors the performance of the services provided by our independent registered accounting firm and reviews and monitors our independent registered accounting firm’s independence and objectivity.
  
Annual Report and Form 20-F 2024 |

Principal accountant fees and services
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The following table sets forth the fees billed to us, in US$ million, by our independent registered accounting firm KPMG Auditores Independentes Ltda. (PCAOB ID 1124) during the fiscal years ended December 31, 2024 and 2023:
 

        2024          2023
--------------------------
Audit           7.2    5.8
fees(1)                   
Audit-related   0.1    0.2
fees(2)                   
TOTAL           7.3    6.0
FEES                      

(1)                                               Audit                                             
         fees comprise fees billed (including fees for services related to tax review in relation   
       to statutory and regulatory filings) in connection with the audit of our audited individual  
      and consolidated financial statements (IFRS Accounting Standards and Brazilian GAAP), interim 
         reviews (IFRS Accounting Standards and Brazilian GAAP), audits of our subsidiaries (IFRS   
      Accounting Standards and Brazilian GAAP, among others), consent letters and review of periodic
                                      documents filed with the SEC.                                 
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(2)                                           Audit-related                                        
       fees refer to assurance and related services that are reasonably related to the performance 
      of the audit or reviews of our audited consolidated financial statements and are not reported
                                           under “audit fees.”                                     
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Annual Report and Form 20-F 2024 |
Employees
 Our workforce is our most important asset. Our management approach is stated in our Human Resources