Company: PBR
Filing Date: 2025-11-07
Form Type: 6-K
Source: 0001292814-25-003845
Chunk: 33

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-11-07
Form: 6-K
Chunk 33
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, it is not possible to know which investors will be able to bring subsequent individual actions
related to this matter against Petrobras.

Furthermore, the claims formulated are broad, cover
a multi-year period and involve a wide variety of activities and, in the current scenario, the impacts of such claims are highly uncertain.
The uncertainties inherent in all of these issues affect the duration of final resolution of this action. As a result, Petrobras is unable
to estimate an eventual loss resulting from this action. However, Petrobras continues to reject the Foundation's allegations, in relation
to which it was considered a victim by all Brazilian authorities, including the STF.

Petrobras and its subsidiaries reject the allegations
made by the Foundation and will continue to defend themselves vigorously.

14.4.2 Arbitration and other
legal proceedings in Argentina

In relation to the arbitration in Argentina, the
Argentine Supreme Court denied the appeal, but the Consumidores Damnificados Asociación Civil para su Defensa (formerly Consumidores
Financieros Asociación Civil, "Association") filed a new appeal to the Argentine Supreme Court, which was also denied,
thus the arbitration was sent to the Arbitration Court. This arbbitration discusses Petrobras' liability for an alleged loss of market
value of Petrobras' shares in Argentina, as a result of the so-called Lava Jato Operation. The Company does not have elements that allow
it to provide a reliable estimate of the potential loss in this arbitration.

In parallel to such arbitration, the Association
also initiated a collective action before the Civil and Commercial Court of Buenos Aires, in Argentina, with Petrobras appearing spontaneously
on April 10, 2023, within the scope of which it alleges Petrobras' responsibility for an alleged loss of the market value of Petrobras'
securities in Argentina, as a result of allegations made within the scope of Lava Jato Operation and their impact on the Company's financial
statements prior to 2015. Petrobras presented its defense on August 30, 2023. Petrobras denies the allegations presented by the Association
and will defend itself against the accusations made by the author of the class action. The Company does not have elements that allow it
to provide a reliable estimate of the potential loss in this arbitration.

Regarding criminal proceeding in Argentina related
to an alleged fraudulent offer of securities, aggravated by the fact that Petrobras allegedly declared false data in its financial statements
prior to 2015, on September 3,