Company: PBR
Filing Date: 2025-09-03
Form Type: 424B2
Source: 0001104659-25-086714
Chunk: 176

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-09-03
Form: 424B2
Chunk 176
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, and is accompanied                              
 by a sworn translation into Portuguese, unless an exemption is provided by an international treaty to which Brazil is a signatory; and |

| · | it is not contrary to Brazilian national sovereignty, public policy or good morals. |

Notwithstanding the foregoing, no assurance can
be given that such confirmation would be obtained, that the process described above could be conducted in a timely manner or that a Brazilian
court would enforce a monetary judgment for violation of the U.S. securities laws with respect to any securities issued by Petrobras.

Mr. Luiz Cristiano Oliveira de Andrade has also advised Petrobras that:

| · | original actions based on the U.S. federal securities laws may be brought in Brazilian courts and that, subject to Brazilian public   
 policy and national sovereignty, Brazilian courts may enforce liabilities in such actions against Petrobras, certain of its directors 
 and officers and the advisors named herein;                                                                                           |

| · | if an investor resides outside Brazil and owns no real property in Brazil, he or she must provide a bond sufficient to guarantee court 
 costs and legal fees, including the defendant’s attorneys’ fees, as determined by the Brazilian court, in connection with              
 litigation in Brazil, except: (1) when an exemption is provided by an international agreement or treaty that Brazil is a signatory;    
 (2) in the case of claims for collection on a título executivo extrajudicial (an instrument which may be enforced in                   
 Brazilian courts without a review on the merits), in the case of the enforcement of a foreign judgment which has been confirmed by the 
 Brazilian Superior Court of Justice; or (3) counterclaims as established, according to Article 83 of the Brazilian Code of Civil       
 Procedure (Código de Processo Civil);                                                                                                  |

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| · | Brazilian law limits an investor’s ability as a judgment creditor of Petrobras to satisfy a judgment against Petrobras by attaching   
 its gas and oil reserves, as Petrobras does not own any of the crude oil and natural gas reserves in Brazil. Under Brazilian law, the 
 Brazilian government owns all crude oil and natural gas reserves in Brazil;                                                           |

| · | The Brazilian law that regulates judicial and extrajudicial reorganization and liquidation of business                           
 companies is not applicable to mixed capital companies (Article 2 of the Law nº 11.101/2005), such as Petrobras, and does not    
 provide whether the Federal Government of Brazil is liable for Petrobras’ obligations