Company: PBR
Filing Date: 2025-03-14
Form Type: 6-K
Source: 0001292814-25-000909
Chunk: 95

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-03-14
Form: 6-K
Chunk 95
---
 of reporting directly to the Board of Directors in
the hypotheses of art. 9, paragraph 4 of Law 13303, of June 30, 2016.

§2-The Board of Directors may
delegate powers to the Executive Board, except for those expressly provided for in Brazilian Corporate Act and in compliance to the levels
of authority established in such delegations.

Art. 34-The Executive Board shall
be responsible for:

I-Evaluating, approving and submitting
to the approval of the Board of Directors:

a) the
bases and guidelines for the preparation of the strategic plan, as well as the annual and multi-annual plans;

b) the
strategic plan, the corresponding multi-annual plans, as well as annual plans and programs of expenditure and investment of the Company
with the respective projects;

c) the
budgets of expenditures and investment of the Company;

d) the
performance result of the Company's activities.

e) the
indication of the holders of the general structure of the Company, based on the criteria established by the Board of Directors.

f) the
plans governing the admission, career, succession, benefits and disciplinary regime of Petrobras employees.

II-approving:

a) the
technical and economical evaluation criteria for investment projects, with the corresponding plans for delegation of responsibility for
their execution and implementation;

b) the
criteria for the economic exploitation of production areas and minimum coefficient of oil and gas reserves, pursuant to the specific legislation;

| Shareholder Meetings | 96 |

c) the
pricing policy and basic price structures of the Company's products;

d) the
charts of accounts, basic criteria for determination of results, amortization and depreciation of capital invested, and changes in accounting
practices;

e) the
corporate manuals and standards of governance, accounting, finance, personnel management, procurement and execution of works and services,
supply and sale of materials and equipment, operation and other corporate rules necessary for the guidance of the operation of the Company;

f) the
rules for the assignment of use, rental or lease of fixed assets owned by the Company;

g) changes
in the Company's organizational structure, according to the competencies established in Basic Organization Plan, as well as create, transform
or extinguish Operating Units, agencies, branches, branches and offices in Brazil and abroad;

h) the
creation and extinction of non-statutory Committees, linked to the Executive Board or its members, approving the corresponding rules of
operation, duties and levels