Company: PBR
Filing Date: 2025-11-28
Form Type: 6-K
Source: 0001292814-25-004081
Chunk: 2

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-11-28
Form: 6-K
Chunk 2
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='center'>Breakdown of investment portfolios (CAPEX)

(US$ billion)

Annual distribution of investments (CAPEX) in the Implementation Target Portfolio

(US$ billion)</div>

[2] Projections for Manageable Operating Expenses per year in US$ billion: 20.5 (2025); 20.2 (2026), 21.3 (2027), 21.9 (2028), 21.9 (2029) and 22.3 (2030).

| www.petrobras.com.br/irFor more information:PETRÓLEO BRASILEIRO S.A. – PETROBRAS | Investor RelationsEmail: petroinvest@petrobras.com.br/acionistas@petrobras.com.brAv. Henrique Valadares, 28 – 9th floor – 20231-030 – Rio de Janeiro, RJ.Tel.: 55 (21) 3224-1510/9947 This document may contain forecasts within the meaning of Section 27A of the Securities Act of 1933, as amended (Securities Act), and Section 21E of the Securities Trading Act of 1934, as amended (Trading Act) that reflect the expectations of the Company's officers. The terms: "anticipates", "believes", "expects", "predicts", "intends", "plans", "projects", "aims", "should," and similar terms, aim to identify such forecasts, which evidently involve risks or uncertainties, predicted or not by the Company. Therefore, future results of the Company's operations may differ from current expectations, and the reader should not rely solely on the information included herein |

In addition to greater efficiency in
Capex allocation, initiatives are planned to optimize costs, with estimated savings of US$ 12 billion in manageable operating expenses
between 2025 and 2030[2], representing an average annual reduction
of 8.5% compared to the previous Plan. The initiatives include reducing spending on non-producing platforms, optimizing aerial and offshore
logistics, optimizing well interventions and subsea inspections, taking advantage of backhaul freight, and postponing non-priority routine
services and maintenance. The cost optimization actions are implemented in full alignment with total attention to people, respect for
the environment, preservation of operational safety and asset reliability.

The focus on oil and gas remains Petrobras
top priority, and the dual resilience strategy – low cost and low emissions – is fundamental to reconcile