Company: PBR
Filing Date: 2025-08-08
Form Type: 6-K
Source: 0001292814-25-002974
Chunk: 44

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-08-08
Form: 6-K
Chunk 44
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,379 |  5,446,501,379 |  5,455,611,812 |                   5,466,560,112 |
|                                                                                                                                 | 12,888,732,761 | 12,888,732,761 | 12,897,843,194 |                  12,908,791,494 |
| Basic and diluted earnings per share (R$ per share)                                                                             |                |                |                |                                 |
| Common                                                                                                                          |           2.07 |           4.80 |          -0.20 |                            1.63 |
| Preferred                                                                                                                       |           2.07 |           4.80 |          -0.20 |                            1.63 |

Basic earnings per share are calculated by dividing
the net income attributable to shareholders of Petrobras by the weighted average number of outstanding shares during the period. The change
in the weighted average number of outstanding shares of 2024 is due to the Share repurchase program (preferred shares) which was closed
on August 4, 2024, whose shares were cancelled in January 2025, as described in note 25.1.

Diluted earnings per share are calculated by adjusting
the net income attributable to shareholders of Petrobras and the weighted average number of outstanding shares during the period taking
into account the effects of all dilutive potential shares (equity instrument or contractual arrangements that are convertible into shares).

Basic and diluted earnings are identical as the
Company has no potentially dilutive shares.

| 26. | Financial risk management |

The Company is exposed to a variety of risks arising
from its operations, such as price risk (related to crude oil and oil products prices), foreign exchange rates risk, interest rates risk,
credit risk and liquidity risk. Corporate risk management is part of the Company’s commitment to act ethically and comply with the
legal and regulatory requirements of the countries where it operates.

The Company presents a sensitivity analysis for
the period of one year, except for operations with commodity derivatives, for which a three-month period is applied, due to the short-term
nature of these transactions.

The effects of derivative financial instruments
and hedge accounting are set out as follows:

26.1 Statement of income

|                                                    |         |                                          |         |                             Consolidated |
|                                                    |         | Gains/ (losses) recognized in the period |         | Gains/ (losses) recognized in the period |
|                                                    |         |