Company: PBR
Filing Date: 2025-08-08
Form Type: 6-K
Source: 0001292814-25-002974
Chunk: 51

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-08-08
Form: 6-K
Chunk 51
---
 flows from the company's financing
and lease liabilities are presented in Notes 23.4 and 24, respectively.

| 26.6 | Credit risk |

Credit risk management in Petrobras aims to mitigate
risk of not collecting receivables, financial deposits or collateral from third parties or financial institutions through the analysis,
granting and management of credit, based on quantitative and qualitative parameters that are appropriate for each market segment in which
the Company operates.

As of June 30, 2025, the financial assets of cash
and cash equivalents and of marketable securities are not past due nor considered to be credit impaired, presenting fair values that
are equivalent to or do not differ significantly from their carrying amounts.

The effect of credit risk assessments on trade
receivables is available in notes 9.2 and 9.3, which present expected credit losses.

| 27. | Related party transactions |

The Company has a policy on Transactions with Related
Parties that is reviewed and approved by the Board of Directors, as provided for in Petrobras' Bylaws.

The policy also aims to ensure adequate and diligent
decision-making by the company's management.

27.1 Commercial transactions
per operation with investees (Parent Company)

| 60 |

| This interim financial information should be read together with the Company’s audited annual financial statements(Expressed in millions of reais, unless otherwise indicated) |

|                                                 |         |             | 06.30.2025 |         |             | 12.31.2024 |
|                                                 | Current | Non-current |      Total | Current | Non-current |      Total |
| Assets                                          |         |             |            |         |             |            |
| Trade and other receivables                     |         |             |            |         |             |            |
| Trade and other receivables, mainly from sales  |  14,305 |          50 |     14,355 |  30,075 |         100 |     30,175 |
| Dividends receivable                            |     108 |           − |        108 |     363 |           − |        363 |
| Amounts related to construction of gas pipeline |       − |         726 |        726 |       − |         887 |        887 |
| Other operations                                |      34 |         224 |        258 |      38 |         251 |        289 |
| Advances to suppliers