Company: PBR
Filing Date: 2025-09-05
Form Type: 424B2
Source: 0001104659-25-087755
Chunk: 51

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-09-05
Form: 424B2
Chunk 51
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TC will be the only registered holder of the Notes and will be considered the sole representative of the beneficial owners
of the Notes for purposes of the indenture. For an explanation of the situations in which a global note will terminate and interests in
it will be exchanged for physical certificates representing the Notes, see “Legal Ownership—Global Securities” in the
accompanying prospectus.

The registration of the global
notes in the name of DTC’s nominee will not affect beneficial ownership and is performed merely to facilitate subsequent transfers.
The book-entry system, which is also the system through which most publicly traded common stock is held in the United States, is used
because it eliminates the need for physical movement of securities certificates. The laws of some jurisdictions, however, may require
some purchasers to take physical delivery of their Notes in definitive form. These laws may impair the ability of beneficial holders to
transfer the Notes.

In this prospectus supplement,
unless and until definitive (paper) Notes are issued to the beneficial owners as described in the accompanying prospectus, all references
to “registered holders” of Notes shall mean DTC. PGF, Petrobras, the trustee and any paying agent, transfer agent, registrar
or other agent may treat DTC as the absolute owner of the Notes for all purposes.

Primary Distribution

Payment Procedures

Payment for the Notes will
be made on a delivery versus payment basis.

Clearance and Settlement Procedures

DTC participants that hold
securities through DTC on behalf of investors will follow the settlement practices applicable to United States corporate debt obligations
in DTC’s Same-Day Funds Settlement System. Notes will be credited to the securities custody accounts of these DTC participants against
payment in the same-day funds, for payments in U.S. dollars, on the settlement date.

Secondary Market Trading

We understand that secondary
market trading between DTC participants will occur in the ordinary way in accordance with DTC’s rules. Secondary market trading
will be settled using procedures applicable to United States corporate debt obligations in DTC’s Same-Day Funds Settlement System.
If payment is made in U.S. dollars, settlement will be free of payment. If payment is made in other than U.S. dollars, separate payment
arrangements outside of the DTC system must be made between the DTC participants involved.

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The Depository Trust Company

The policies of DTC will govern
payments, transfers, exchange and other matters relating to the beneficial owner’s interest in the