Company: PBR
Filing Date: 2025-11-07
Form Type: 6-K
Source: 0001292814-25-003845
Chunk: 48

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-11-07
Form: 6-K
Chunk 48
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200 (R$ 402,710 at December 31, 2024). The reduction was mainly
due to contract terminations related to vessels contracts, in addition to the exchange rate effect in the period.

The sensitivity analysis of financial instruments
subject to exchange variation is presented in note 26.4.1.

| 25. | Equity |

25.1 Share capital

As of September 30, 2025, the subscribed and fully
paid share capital in the amount of R$ 205,432 is represented by 12,888,732,761 shares, all registered, book-entry and with no par value,
as follows:

|                                                |         |     09.30.2025 |         |     12.31.2024 |
|                                                |  Amount |      Number of 
         shares |  Amount |      Number of 
         shares |
| Common                                         | 118,621 |  7,442,231,382 | 117,208 |  7,442,454,142 |
| Preferred                                      |  86,811 |  5,446,501,379 |  88,224 |  5,602,042,788 |
| Total of subscribed and paid-in-capital shares | 205,432 | 12,888,732,761 | 205,432 | 13,044,496,930 |

| 55 |

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

Preferred shares have priority in the case of capital
reimbursement, do not guarantee voting rights and are not convertible into common shares.

On January 29, 2025, the Board of Directors approved
the cancellation of a total of 155,764,169 treasury shares, without reducing the share capital, being 155,541,409 preferred shares and
222,760 common shares. The effects of the cancellation of shares on shareholders’ equity were reflected in the capital reserves
(R$ 7) and retained earnings (R$ 5,563), against the treasury shares account.

On April 16, 2025, the Annual General Shareholders
Meeting approved a proposal to update the Company's Bylaws to reflect the current number of shares.

| 25.2 | Profit Reserves |

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