Company: PBR
Filing Date: 2025-09-05
Form Type: 424B2
Source: 0001104659-25-087755
Chunk: 38

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-09-05
Form: 424B2
Chunk 38
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<div align='center'>S-31</div>

Further Issuances

The indenture for each series
by its terms does not limit the aggregate principal amount of securities that may be issued under it and permits the issuance, from time
to time, of additional notes (also referred to as add-on Notes) of the same series as those offered under this prospectus supplement.
The ability to issue add-on Notes is subject to several requirements, however, including that (i) no event of default under the relevant
indenture or event that with the passage of time or other action may become an event of default (such event being a “default”)
will have occurred and then be continuing or will occur as a result of that additional issuance, (ii) the add-on Notes will rank
pari passuand have equivalent terms and benefits as the Notes offered under this prospectus supplement except for the price to
the public and the issue date and (iii) any add-on Notes shall be issued under a separate CUSIP or ISIN number unless the add-on
Notes are issued pursuant to a “qualified reopening” of the original series, are otherwise treated as part of the same “issue”
of debt instruments as the original series or are issued with less than a de minimisamount of original issue discount, in each
case for U.S. federal income tax purposes. Any add-on Notes with respect to any series of the Notes will be part of the same series as
such Notes that PGF is currently offering and the holders will vote on all matters in relation to the applicable Notes as a single series.

Covenant Defeasance

Any restrictive covenants
of the indenture may be defeased as described in the accompanying prospectus.

Conversion

The Notes will not be convertible
into, or exchangeable for, any other securities.

Listing

PGF intends to apply to have
the Notes approved for listing on the NYSE.

Currency Rate Indemnity

PGF has agreed that, if a judgment or order made by any court for the payment of any amountin respect of any Notes is expressed in
a currency (the “judgment currency”) other than U.S. dollars (the “denomination currency”), PGF will indemnify
the relevant holder and the trustee against any deficiency arising from any variation in rates of exchange between the date as of which
the denomination currency is notionally converted into the judgment currency for the purposes of the judgment or order and the date of
actual