Company: PBR
Filing Date: 2025-09-03
Form Type: 424B2
Source: 0001104659-25-086714
Chunk: 57

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-09-03
Form: 424B2
Chunk 57
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. The underwriters are offering the Notes, subject to prior sale, when, as and if issued to and accepted by them. The underwriters are obligated to take and pay for all of the Notes of a series offered by this prospectus supplement if any Notes are taken. The underwriting agreement also provides that if an underwriter defaults, the purchase commitments of the non-defaulting underwriters may be increased or the offering of theNotes may be terminated.
The Notes of each series will initially be offered at the price indicated on the cover page of this prospectus supplement. After
the initial offering of the Notes of a series, the offering price and other selling terms may from time to time be varied by the underwriters.
The Notes may be offered and sold through certain of the underwriters’ affiliates. The underwriters reserve the right to withdraw,
cancel or modify offers to the public and to reject orders in whole or in part.

The underwriting agreement provides that PGF and Petrobras will indemnify the underwriters against certain liabilities, including liabilities under the U.S. Securities Act of 1933, as amended (the “Securities Act”), and will contribute to payments the underwriters may be required to makein respect of the underwriting agreement.

PGF has been advised by the
underwriters that the underwriters intend to make a market in the Notes as permitted by applicable laws and regulations. The underwriters
are not obligated, however, to make a market in the Notes and any such market-making may be discontinued at any time at the sole discretion
of the underwriters. In addition, such market-making activity will be subject to the limits imposed by the Exchange Act. Accordingly,
no assurance can be given as to the liquidity of, or the development or continuation of trading markets for, the Notes.

In connection with this offering,
the underwriters (or persons acting on their behalf) participating in this offering may engage in transactions that stabilize, maintain
or otherwise affect the price of the Notes. Specifically, the underwriters (or persons acting on their behalf) may bid for and purchase
Notes in the open market to stabilize the price of the Notes. The underwriters (or persons acting on their behalf) may also over-allot
this offering, creating a short position, and may bid for and purchase Notes in the open market to cover the short position. These activities
if carried out, will be carried out with a view to stabilize, maintain and support the market price of the Notes during the stabilization
period above market levels