Company: PBR
Filing Date: 2025-02-27
Form Type: 6-K
Source: 0001292814-25-000670
Chunk: 21

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-02-27
Form: 6-K
Chunk 21
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E scenarios, for the impairment test of the Company's E&P assets in Brazil.

Using the prices in the APS and NZE scenarios to
perform a sensitivity analysis on projected gross revenues deducted of production taxes, net of income taxes, and keeping unchanged all
other components, variables, assumptions and data for calculating the recoverable amount, the Company's E&P segment, regarding the
impairment loss recognized by the Company, as disclosed in note 25, would have additional impairment reversal of R$ 2,710 in the APS scenario
and additional impairment losses of R$ 69,505 in the NZE scenario, concentrated in the Campos basin fields.

The Company does not consider this sensitivity
analysis, based on APS and NZE Brent price scenarios, to be the best estimates to determine expected effects on the recoverable amount
of assets, sales revenues or net income.

| 22 |

| NOTES TO THE FINANCIAL STATEMENTSPETROBRAS(In millions of reais, unless otherwise indicated) |

Considering that the Company did not incorporate
in its accounting estimates the carbon price effects, the Company carried out a sensitivity analysis of the effect of GHG emissions pricing
costs on the impairment test of assets in the E&P segment in Brazil, considering a monetary charge per ton of CO emission
starting from 2030, and the existence of free emission allowances.

In this context, using a base price of US$ 10/CO
in 2030, US$ 49.7/CO in 2035, US$ 68/CO in 2040, US$ 84.8/CO in 2045, and US$ 100.3/CO
in 2050, including gradual emission exemptions, to simulate additional cash outflows (net of income taxes), and keeping all other components,
variables, assumptions and data for the calculation of recoverable amount unchanged, the E&P segment of the Parent Company would have
an additional R$ 1,439 impairment loss.

The Company does not consider this sensitivity
analysis of the effect of greenhouse gas emissions pricing costs on the impairment test of assets to be the best estimate to determine
expected effects on the recoverable amount, neither the estimated effects on expenses nor net income.

a.2) Potential effects on decommissioning costs

Due to its operations, the Company has legal obligations
to remove equipment and restore onshore and offshore areas. On December 31, 2024, the provision for decommissioning costs