Company: PBR
Filing Date: 2025-09-03
Form Type: 424B2
Source: 0001104659-25-086714
Chunk: 165

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-09-03
Form: 424B2
Chunk 165
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stream participant that purchases an interest in a global security from a DTC participant will be credited
on the business day for Euroclear or Clearstream immediately following the DTC settlement date. Cash received in Euroclear or Clearstream
from the sale of an interest in a global security to a DTC participant will be received with value on the DTC settlement date but will
be available in the relevant Euroclear or Clearstream cash account as of the business day for Euroclear or Clearstream following the DTC
settlement date.

DTC, Euroclear and Clearstream have agreed to the
above procedures to facilitate transfers of interests in the global securities among participants in those settlement systems. However,
the settlement systems are not obligated to perform these procedures and may discontinue or change these procedures at any time. Neither
we nor the trustee, registrar, transfer agent or any paying agent have any responsibility for the performance by DTC, Euroclear or Clearstream
or their participants or indirect participants of their obligations under the rules and procedures governing their operations.

Certificated Securities

Beneficial interests in the global securities may
not be exchanged for securities in physical, certificated form unless:

| · | DTC notifies us at any time that it is unwilling or unable to continue as depositary for the global securities 
 and a successor depositary is not appointed within 90 days;                                                    |

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| · | DTC ceases to be registered as a clearing agency under the Exchange Act and a successor depositary is 
 not appointed within 90 days;                                                                         |

| · | we, at our option, notify the trustee that we elect to cause the issuance of certificated securities; 
 or                                                                                                    |

| · | certain other events provided in the indenture should occur, including the occurrence and continuance 
 of an event of default with respect to the securities.                                                |

In all cases, certificated securities delivered
in exchange for any global security will be registered in the names, and issued in any approved denominations, requested by the depository.

For information concerning paying agents for any
securities in certificated form, see “Description of Debt Securities—Additional Mechanics—Payment and Paying Agents.”

Debt Securities Denominated in a Currency other than U.S. Dollars

Unless otherwise specified in the applicable prospectus
supplement, the following information relates to the form, clearing and settlement of debt securities denominated in a currency other
than the U.S. dollar.

We