Company: PBR
Filing Date: 2025-09-03
Form Type: 424B2
Source: 0001104659-25-086714
Chunk: 47

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-09-03
Form: 424B2
Chunk 47
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 of law, such as merchants’, maritime or                                                                           
 other similar liens arising in Petrobras’s ordinary course of business or that of any subsidiary or lien in respect of taxes,               
 assessments or other governmental charges that are not yet delinquent or that are being contested in good faith by appropriate proceedings; |

<div align='center'>S-36</div>

| (c) | lien arising from Petrobras’s obligations under performance bonds or surety bonds and appeal bonds                
 or similar obligations incurred in the ordinary course of business and consistent with Petrobras’s past practice; |

| (d) | lien arising in the ordinary course of business in connection with indebtedness maturing not more than                                
 one year after the date on which that indebtedness was originally incurred and which is related to the financing of export, import or 
 other trade transactions;                                                                                                             |

| (e) | lien granted upon or with respect to any assets hereafter acquired by Petrobras or any subsidiary to secure                                  
 the acquisition costs of those assets or to secure indebtedness incurred solely for the purpose of financing the acquisition of those        
 assets, including any lien existing at the time of the acquisition of those assets, so long as the maximum amount so secured will not        
 exceed the aggregate acquisition costs of all such assets or the aggregate indebtedness incurred solely for the acquisition of those assets, 
 as the case may be;                                                                                                                          |

| (f) | lien granted in connection with the indebtedness of a wholly-owned subsidiary owing to Petrobras or another 
 wholly-owned subsidiary;                                                                                    |

| (g) | lien existing on any asset or on any stock of any subsidiary prior to its acquisition by Petrobras or 
 any subsidiary so long as that lien is not created in anticipation of that acquisition;               |

| (h) | lien over any qualifying asset relating to a project financed by, and securing indebtedness incurred in                         
 connection with, the project financing of that project by Petrobras, any of Petrobras’s subsidiaries or any consortium or other 
 venture in which Petrobras or any subsidiary has any ownership or other similar interest;                                       |

| (i) | lien existing as of the date of the original issuance of the Notes of each series; |

| (j) | lien resulting from the indenture or the guaranty of each series, if any; |

| (k) | lien incurred in connection with the issuance of debt or similar securities of a type comparable to those                                
 already issued by Petrobras, on amounts of cash or cash equivalents on deposit in