Company: PBR
Filing Date: 2025-11-07
Form Type: 6-K
Source: 0001292814-25-003845
Chunk: 38

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-11-07
Form: 6-K
Chunk 38
---
                                         |   4,046 |                             157 |
| Ending balance                                                            |   5,670 |                           3,007 |
| (1) Mainly Berbigão, Sururu, Agulhinha and the pre-salt layer of Jubarte. |         |                                 |

In May 2025, the Company submitted for approval
of the ANP the AIP of the Jubarte pre-salt layer shared reservoir in the Campos Basin, comprising the following areas:

| • | Jubarte                                                         
 Field area (BC-60) representing 97.25% of the shared reservoir; |

| • | Non-contracted                                                                                            
 areas (Brazilian Federal Government, represented by PPSA) representing 1.89% of the shared reservoir; and |

| • | Argonauta                                                      
 Field area (BC-10) representing 0.86% of the shared reservoir. |

In July 2025, this AIP was approved by the ANP,
effective as of August 1, 2025.

With the approval of this AIP, negotiations began
for the Agreement on Expenditure and Volume Equalization (AEGV) related to the Jubarte Field and non-contracted areas with Pré-Sal
Petróleo S.A. (PPSA). The AEGV was signed and settled in October 2025, in the amount of R$ 1,540.

| 45 |

| This interim financial information should be read together with the Company’s audited annual financial statements(Expressed in millions of reais, unless otherwise indicated) |

The negotiation process of the equalization between
Petrobras and the partners of the Argonauta Field is still ongoing.

17.5 Capitalization rate used
to determine the amount of borrowing costs eligible for capitalization

The capitalization rate used to determine the amount
of borrowing costs eligible for capitalization was the weighted average of the borrowing costs applicable to the borrowings that were
outstanding during the period, other than borrowings made specifically for the purpose of obtaining a qualifying asset. For the nine-month
period ended September 30, 2025, the capitalization rate was 7.17% p.a. (7.13% p.a. for the nine-month period ended September 30, 2024).

| 46 |

| This interim financial information should be read together with the Company’s audited annual financial statements(Expressed in millions of reais, unless otherwise