Company: PBR
Filing Date: 2025-05-13
Form Type: 6-K
Source: 0001292814-25-002053
Chunk: 39

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-05-13
Form: 6-K
Chunk 39
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5,
and a schedule of expected reclassifications to the statement of income of cumulative losses recognized in other comprehensive income
(shareholders’ equity) based on a US$ 1.00 / R$ 5.7422 exchange rate are set out below:

|                                                                                                    |                                                                                      | Present value of hedging instrument 
 notional value at                   
 03.31.2025                          |                          |             |         |
| Hedging Instrument                                                                                 | Hedged Transactions                                                                  | Nature                              
 of the Risk                         | Maturity                 
 Date                     | US$ million |      R$ |
| Foreign exchange gains and losses on proportion of non-derivative financial instruments cash flows | Foreign exchange gains and losses of highly probable future monthly exports revenues | Foreign Currency                    
 – Real vs U.S. Dollar               
 Spot Rate                           | April 2025 to March 2035 |      68,787 | 394,986 |

| 49 |

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

| Changes in the present value of hedging instrument notional value                                       | US$ million |      R$ |
| Amounts designated as of December 31, 2024                                                              |      65,900 | 408,073 |
| Additional hedging relationships designated, designations revoked and hedging instruments re-designated |       8,842 |  51,444 |
| Exports affecting the statement of income                                                               |      -2,757 | -16,364 |
| Principal repayments / amortization                                                                     |      -3,198 | -18,748 |
| Foreign exchange variation                                                                              |           - | -29,419 |
| Amounts designated as of March 31, 2025                                                                 |      68,787 | 394,986 |
| Nominal value of hedging instrument (finance debt and lease liability) at March 31, 2025                |      90,414 | 519,177 |

In the three-month period ended March 31, 2025, the Company
recognized a R$ 479 gain within foreign exchange gains (losses) due to ineffectiveness (a R$ 39 loss in the same period of 2024).

The average ratio of future exports for which cash flow hedge
accounting was designated to the highly probable future exports is 74.37%.

A roll-forward schedule of cumulative foreign exchange losses
recognized in