Company: PBR
Filing Date: 2025-11-07
Form Type: 6-K
Source: 0001292814-25-003847
Chunk: 7

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-11-07
Form: 6-K
Chunk 7
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      2,328 |      2,409 |
| Related parties         |         88 |         16 |
| Total                   |      6,819 |      6,082 |

Forfaiting

| 19 |

| NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTSPETROBRAS(Expressed in millions of US Dollars, unless otherwise indicated) |

The Company has a program to encourage the development
of the oil and gas production chain called “Mais Valor”(More Value), operated by a partner company on a 100% digital
platform.

By using this platform, the suppliers who want
to anticipate their receivables may launch a reverse auction, in which the winner is the financial institution which offers the lowest
discount rate. The financial institution becomes the creditor of invoices advanced by the supplier, and Petrobras pays the invoices on
the same date and under the conditions originally agreed with the supplier.

Invoices are advanced in the “Mais Valor”
program exclusively at the discretion of the suppliers and do not change the terms, prices and commercial conditions contracted by Petrobras
with such suppliers, as well as it does not add financial charges to the Company, therefore, the classification is maintained as Trade
payables in Statements of Cash Flows (Cash flows from operating activities).

As of September 30, 2025, the balance advanced
by suppliers, within the scope of the program, is US$ 140 (US$ 134 as of December 31, 2024) and has a payment term from 4 to
93 days and a weighted average term of 54 days (payment term from 7 to 92 days and a weighted average term of 58 days in 2024), after
the contracted commercial conditions have been met.

| 12. | Taxes |

| 12.1. |     | Income taxes |

|                                                             |            | Current assets |            | Current liabilities |            | Non-current liabilities |
|                                                             | 09.30.2025 |     12.31.2024 | 09.30.2025 |          12.31.2024 | 09.30.2025 |              12.31.2024 |
| Taxes in Brazil                                             |            |                |            |                     |            |                         |
| Income taxes (1)                                            |        665 |            405 |        670 |                 698 |        400