Company: PBR
Filing Date: 2025-02-27
Form Type: 6-K
Source: 0001292814-25-000670
Chunk: 116

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-02-27
Form: 6-K
Chunk 116
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| Other income and expenses                 |    78 |                             311 |
| Closing balance                           | 3,575 |                           2,238 |
| (1)Mainly Berbigão, Sururu and Agulhinha. |       |                                 |

| 81 |

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

The change in the year reflects the best available estimate
of the assumptions used in the calculation base and the sharing of assets in areas to be equalized.

Closed agreements in 2024

In May 2024, the Agreement on Expenditure and Volume
Equalization, provided for in the Brava Shared Reservoir AIP, was signed. The amount paid by Petrobras to Pré-sal Petróleo
S.A. (PPSA) on June 24, 2024 was R$6.

Accounting Policy for unitization agreements

A unitization agreement occurs when a reservoir
extends across two or more license or contract areas. In this case, partners pool their individual interests in return for an interest
in the overall unit (shared reservoir) and determine their new stake in the single producing unit.

Events that occurred prior to the unitization agreement
may lead to the need for compensation between the partners. The compensation will be the difference between the expenses actually incurred
by each party up to the reference date and those that should have been incurred by each party if the established participations in the
shared reservoir by the AIP were already in effect during that period.

At the signing of the AIP, an amount to be reimbursed to the
Company will be recognized as an asset only when there is a contractual right to reimbursement or when the reimbursement is practically
certain. An amount to be reimbursed by the Company will be recognized as a liability when it derives from a contractual obligation or,
when the outflow of funds is deemed probable and the amount can be reliable estimated. The provision will be offset by an increase or
decrease in PP&E, revenues and/or expenses, according to the nature of the events to be reimbursed.

| 82 |

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

| 28. | Investments |

| 28.1. | Information on direct subsidiaries, joint arrangements and associates (Parent Company) |

|                                                                                                                                                                                           | Main              
 business segment  |                    % 
 Petrobras