Company: PBR
Filing Date: 2025-09-03
Form Type: 424B2
Source: 0001104659-25-086714
Chunk: 52

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-09-03
Form: 424B2
Chunk 52
---

not be entitled to have the Notes registered in their names and will not be entitled to receive physical delivery of the Notes in definitive
(paper) form. Instead, upon issuance, all the Notes will be represented by one or more fully registered global Notes.

Each of the Notes will be
represented by one or more global notes. Each global note will be deposited directly with The Depository Trust Company, a securities depositary,
and will be registered in the name of DTC’s nominee. Global Notes may also be deposited indirectly with Clearstream, Luxembourg
and Euroclear, as indirect participants of DTC. For background information regarding DTC and Clearstream, Luxembourg and Euroclear, see
“—The Depository Trust Company” and “—Clearstream, Luxembourg and Euroclear” below. No global note
representing book-entry Notes may be transferred except as a whole by DTC to a nominee of DTC, or by a nominee of DTC to another nominee
of DTC. Thus, DTC will be the only registered holder of the Notes and will be considered the sole representative of the beneficial owners
of the Notes for purposes of the indenture. For an explanation of the situations in which a global note will terminate and interests in
it will be exchanged for physical certificates representing the Notes, see “Legal Ownership—Global Securities” in the
accompanying prospectus.

The registration of the global
notes in the name of DTC’s nominee will not affect beneficial ownership and is performed merely to facilitate subsequent transfers.
The book-entry system, which is also the system through which most publicly traded common stock is held in the United States, is used
because it eliminates the need for physical movement of securities certificates. The laws of some jurisdictions, however, may require
some purchasers to take physical delivery of their Notes in definitive form. These laws may impair the ability of beneficial holders to
transfer the Notes.

In this prospectus supplement,
unless and until definitive (paper) Notes are issued to the beneficial owners as described in the accompanying prospectus, all references
to “registered holders” of Notes shall mean DTC. PGF, Petrobras, the trustee and any paying agent, transfer agent, registrar
or other agent may treat DTC as the absolute owner of the Notes for all purposes.

Primary Distribution

Payment Procedures

Payment for the Notes will
be made on a delivery versus payment basis.

Clearance and Settlement Procedures

DTC participants that hold
securities through DTC on behalf of investors will follow