Company: PBR
Filing Date: 2025-09-03
Form Type: 424B2
Source: 0001104659-25-086714
Chunk: 24

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-09-03
Form: 424B2
Chunk 24
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.S.$200,000,000 (or its equivalent in another currency) or more is           
 accelerated in accordance with the terms of that indebtedness, it being understood that prepayment or redemption by us or a material subsidiary 
 of any indebtedness is not acceleration for this purpose.                                                                                       |

| · | PGF or Petrobras or any material subsidiary stops                                                                                          
 paying or is generally unable to pay its debts as they become due, except in the case of a winding-up, dissolution or liquidation for      
 the purpose of and followed by a consolidation, spin-off, merger, conveyance or transfer duly approved by the note holders of that series. |

| · | If proceedings are initiated against PGF, Petrobras                                                                                          
 or any material subsidiary under any applicable bankruptcy, reorganization, insolvency, moratorium or intervention law or law with similar   
 effect, or under any other law for the relief of, or relating to, debtors, and such proceeding is not dismissed or stayed within 90 calendar 
 days.                                                                                                                                        |

<div align='center'>S-22</div>

| · | An administrative or other receiver, manager                                                                                             
 or administrator, or any such or other similar official is appointed in relation to, or a distress, execution, attachment, sequestration 
 or other process is levied or put in force against, the whole or a substantial part of the undertakings or assets of PGF or Petrobras    
 or any material subsidiary and is not discharged or removed within 90 calendar days.                                                     |

| · | PGF or Petrobras or any material subsidiary voluntarily                                                                                
 commences or consents to proceedings under any applicable liquidation, bankruptcy, reorganization, insolvency, moratorium or any other 
 similar laws, PGF or Petrobras or any material subsidiary enters into any composition or other similar arrangement with our creditors  
 under applicable Brazilian law (such as a recuperação judicial or extrajudicial, which is a type of liquidation agreement).            |

| · | PGF or Petrobras or any material subsidiary files                                                                                                
 an application for the appointment of an administrative or other receiver, manager or administrator, or any such or other similar official,      
 in relation to PGF or Petrobras or any material subsidiary, or PGF or Petrobras or any material subsidiary takes legal action for a readjustment 
 or deferment of any part of its indebtedness.                                                                                                    |

| · | An effective resolution is passed, or any authorized                                                                                        
 action is taken by any court of