Company: PBR
Filing Date: 2025-02-27
Form Type: 6-K
Source: 0001292814-25-000664
Chunk: 110

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-02-27
Form: 6-K
Chunk 110
---
 reserve comprises treasury shares owned
by Petrobras, in the amount of US$ 1, at December 31, 2024 and December 31, 2023.

| 32.3. | Capital transactions |

| 32.3.1. | Incremental costs directly attributable 
 to the issue of shares                  |

It includes any transaction costs directly attributable
to the issuance of new shares, net of taxes.

| 32.3.2. | Change in interest in subsidiaries |

It includes any excess of amounts paid/received
over the carrying value of the interest acquired/disposed. Changes in interests in subsidiaries that do not result in loss of control
of the subsidiary are equity transactions.

| 32.3.3. | Treasury shares |

Shares held in treasury in the amount of US$ 1,118,
at December 31, 2024 and US$ 737 at December 31, 2023, are represented by 222,760 common shares and 155,541,409 preferred shares.

On January 29, 2025, the Board of Directors approved
the cancellation of all treasury shares, without reducing the share capital (see note 36).

| 93 |

| INDEX |

| 32.4. | Appropriation of net income |

| 32.4.1. | Profit reserves |

The following table presents the final balance of profit
reserves as disclosed in the Statements of changes in shareholders’ equity:

|                               |  Legal | R&D reserve | Capital remuneration | Tax incentives | Profit retention | Additional dividends proposed |  Total |
| Balance at January 1, 2023    | 11,574 |       3,281 |                    − |          1,677 |           43,038 |                         6,864 | 66,434 |
| Additional dividends proposed |      − |           − |                    − |              − |                − |                        -6,864 | -6,864 |
| Transfer to reserves          |  1,272 |         116 |                8,428 |            321 |                − |                             − | 10,137 |
| Dividends                     |      − |           − |                    − |              − |                − |                         2,934 |  2,934 |
| Balance at December 31, 2023  | 12,846 |       3,397 |                8,428 |          1,