Company: PBR
Filing Date: 2025-02-27
Form Type: 6-K
Source: 0001292814-25-000660
Chunk: 13

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-02-27
Form: 6-K
Chunk 13
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 cash generation was used to: (a) shareholders remuneration
(US$ 18.7 billion), (b) investments (US$ 14.6 billion), (c) lease liabilities amortization (US$ 7.9 billion), and (d) amortization of
principal and interest due in the period (US$ 8.5 billion).

In 2024, the company paid off various loans
and financings, amounting to US$ 8.5 billion, and the highlight was the repurchase and redemption of US$ 2.5 billion of bonds in the international
capital markets and the prepayment of US$ 250 million in loans in the international banking market.

In 2024, the company raised US$ 2.1 billion,
notably by offering bonds on the international capital markets (Global Notes) amounting to US$ 1.0 billion maturing in 2035 and raising
funds in the national banking market amounting to US$ 1.1 billion.

| PETROBRAS | Performance Report | 4Q24 | 15 |

Debt indicators

Debt indicators

As of December 31, 2024, gross debt reached
$60.3 billion, a decrease of 3.8% compared to December 31, 2023.

Average maturity increased from 11.38
years on December 31, 2023, to 12.52 years on December 31, 2024, and the average cost varied from 6.4% p.a. to 6.8% p.a. during the same
period.

The gross debt/adjusted EBITDA ratio was
1.49x on 12/31/2024, compared to 1.19x on 12/31/2023.

On 12/31/2024, the net debt reached $52.2
billion, an increase of 16.9% compared to 12/31/2023.

Table 6 – Debt indicators

| US$ million                                           | 12.31.2024 | 09.30.2024 |   Δ % | 12.31.2023 |
| Financial Debt                                        |     23,162 |     25,756 | -10.1 |     28,801 |
| Capital Markets                                       |     14,490 |     16,005 |  -9.5 |