Company: PBR
Filing Date: 2025-09-03
Form Type: 424B2
Source: 0001104659-25-086714
Chunk: 92

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-09-03
Form: 424B2
Chunk 92
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 | Petrobras’ ability to successfully implement asset sales under our portfolio management program; |

| · | Petrobras’ ability to successfully implement its Business Plan 2025-2029 (“Business Plan”),     
 whether that Business Plan remains in place, and the direction of any subsequent business plan; |

| · | Petrobras’ ability to successfully implement its Strategic Plan 2050 (“Strategic Plan”),          
 whether that Strategic Plan remains in place, and the direction of any subsequent strategic plan; |

| · | the outcome of ongoing corruption investigations and any new facts or information that may arise in relation 
 to the Lava Jato investigation;                                                                              |

| · | the effectiveness of Petrobras’ risk management policies and procedures, including operational risk; |

| · | potential changes to the composition of Petrobras’ board of directors and our management team; and |

| · | litigation, such as class actions or enforcement or other proceedings brought by governmental and regulatory 
 agencies.                                                                                                    |

For additional information on factors that could
cause our actual results to differ from expectations reflected in forward-looking statements, please see “Risk Factors” as
set forth in our most recent annual report on Form 20-F, which is incorporated by reference herein, and in any prospectus supplement.

All forward-looking statements attributed to us
or a person acting on our behalf are qualified in their entirety by this cautionary statement, and you should not place undue reliance
on any forward-looking statement included in this prospectus. We undertake no obligation to publicly update or revise any forward-looking
statements, whether as a result of new information or future events or for any other reason.

<div align='center'>4

PETROBRAS</div>

Petrobras is one of the world’s largest integrated
oil and gas companies, engaging in a broad range of oil and gas activities. Petrobras is a sociedade de economia mista, organized
and existing under the laws of Brazil. For the years ended December 31, 2023 and 2022, Petrobras had sales revenues of U.S.$102,409
million and U.S.$124,474 million, respectively, gross profit of U.S.$53,974 million and U.S.$64,988 million, respectively, and net income
attributable to shareholders of Petrobras of U.S.$ 24,884 million and U.S.$36,623 million, respectively. In 2023, Petrobras’ average
domestic daily oil and Natural Gas Liquids (“NGL”) production