Company: PBR
Filing Date: 2025-09-05
Form Type: 424B2
Source: 0001104659-25-087755
Chunk: 83

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-09-05
Form: 424B2
Chunk 83
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 is considered to be resident (gevestigd)                                                                                               
 in a jurisdiction that is listed in the yearly updated Dutch regulation on low-taxing states and non-cooperative jurisdictions for tax 
 purposes (Regeling laagbelastende staten en niet-coöperatieve rechtsgebieden voor belastingdoeleinden) (a "Listed Jurisdiction");      
 or                                                                                                                                     |

| · | has a permanent establishment located in a Listed              
 Jurisdiction to which the interest payment is attributable; or |

| · | is entitled to the interest payment with the                                                                                                     
 main purpose or one of the main purposes of avoiding taxation for another person or entity and there is an artificial arrangement or transaction 
 or a series of artificial arrangements or transactions; or                                                                                       |

| · | is not considered to                                                                                                                  
 be the recipient of the interest in its jurisdiction of residence because such jurisdiction treats another entity as the recipient of 
 the interest (a hybrid mismatch); or                                                                                                  |

| · | is not resident in any jurisdiction (also a hybrid 
 mismatch); or                                      |

<div align='center'>S-57</div>

| · | is a reverse hybrid                                                                                                                         
 (within the meaning of Article 2(12) of the Dutch Corporate Income Tax Act; Wet op de vennootschapsbelasting 1969), if and                  
 to the extent (x) there is a participant in the reverse hybrid holding a Qualifying Interest in the reverse hybrid, (y) the                 
 jurisdiction of residence of the participant holding the Qualifying Interest in the reverse hybrid treats the reverse hybrid as transparent 
 for tax purposes and (z) such participant would have been subject to Dutch withholding tax in respect of the payments of interest           
 without the interposition of the reverse hybrid;                                                                                            |

all within the meaning of
the Dutch Withholding Tax Act 2021.

Related entity

For purposes of the Dutch
Withholding Tax Act 2021, an entity is considered a “related entity” in respect of PGF if:

| · | such entity has a Qualifying Interest (as defined 
 below) in PGF; or                                 |

| · | PGF has a Qualifying Interest in such entity; 
 or                                            |

| · | a third party has a Qualifying Interest in both 
 PGF and such entity.                            |

The term “Qualifying
Interest” means a direct or indirectly held interest – either by an entity individually or jointly if an entity is part of
a qualifying unity (kwalific