Company: PBR
Filing Date: 2025-05-13
Form Type: 6-K
Source: 0001292814-25-002051
Chunk: 18

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-05-13
Form: 6-K
Chunk 18
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 within the scope of which it alleges Petrobras' responsibility for an alleged loss of the market value of Petrobras'
securities in Argentina, as a result of allegations made within the scope of Lava Jato Operation and their impact on the Company's financial
statements prior to 2015. Petrobras presented its defense on August 30, 2023. Petrobras denies the allegations presented by the Association
and will defend itself against the accusations made by the author of the class action. The Company does not have elements that allow it
to provide a reliable estimate of the potential loss in this arbitration.

Regarding criminal proceeding in Argentina related
to an alleged fraudulent offer of securities, aggravated by the fact that Petrobras allegedly declared false data in its financial statements
prior to 2015, the Court of Appeals revoked, on October 21, 2021, the lower court decision that had recognized Petrobras' immunity from
jurisdiction and recommended that the lower court judge take steps to certify whether the Company could be considered criminally immune
in Argentina for further reassessment of the issue. After carrying out the steps determined by the Court of Appeals, on May 30, 2023,
the lower court denied the recognition of immunity from jurisdiction to Petrobras. Petrobras filed an appeal against this decision, which
was recognized by the Court of Appeals on April 18, 2024. Against this decision, the Association filed a new appeal, and on December 20,
2024, the Court of Cassation reformed the decision of the Court of Appeals to deny Petrobras' immunity from jurisdiction, which, in turn,
appealed to the Supreme Court to reinstate the Court of Appeals decision. On December 27, 2024, before the decision of the Court of Cassation
became final, the court of first instance ordered to sue Petrobras and a precautionary injunction, which was appealed to the Court of
Appeals that revoked the processing decision and the precautionary embargo on April 3, 2025. In another procedural aspect, on September
15, 2022, the Court of Cassation recognized the Association the right to represent financial consumers. The Company's appeal against this
decision was rejected on February 21, 2025. Petrobras presented other procedural defenses, which may be re-discussed in later stages of
the process. This criminal action is being processed before the Economic Criminal Court No. 2 of the city of Buenos Aires.

As for the other criminal action for alleged