Company: PBR
Filing Date: 2025-08-26
Form Type: 6-K/A
Source: 0001292814-25-003156
Chunk: 21

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-08-26
Form: 6-K/A
Chunk 21
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the Foundation's allegations in accordance with Brazilian and Argentine law, which resulted in the rejection of all requests made in favor
of shareholders. With respect to certain bondholders, the Court considered that Petrobras and PGF acted illegally under Luxembourg law,
while PGF acted illegally under Dutch law.

Furthermore, the District Court of Rotterdam confirmed
the following issues of the decision released to the market on July 26, 2023: (i) rejection of the allegations against PIBBV, POG
BV and the former CEOs of Petrobras, Maria das Graças Silva Foster and José Sérgio Gabrielli de Azevedo; and (ii)
prescription of requests formulated in accordance with Spanish legislation.

The Foundation and PGF have appealed against the
ruling and previous interim decisions. Petrobras will still be able to present its own appeal, within the deadline for responding to the
Foundation's appeal.

In relation to bondholders, the Foundation cannot
claim compensation under the class action, which will depend not only on a final result favorable to the interests of the investors in
the class action, but also on the filing of subsequent actions by or on behalf of the investors by the Foundation itself, an opportunity
in which Petrobras and PGF will be able to offer all the defenses already presented in the class action and others that it deems appropriate,
including in relation to the occurrence and quantification of any damages that must be proven by the potential beneficiaries of the decision
or by the Foundation. Any compensation for the alleged damages will only be determined by court decisions in subsequent actions.

| 29 |

This class action involves complex issues and the
outcome is subject to substantial uncertainties, which depend on factors such as: the scope of the arbitration clause of the Petrobras
Bylaws, the jurisdiction of the Dutch court, the scope of the agreement that ended the Class Action in the United States, the Foundation's
legitimacy to represent the interests of investors, the several laws applicable to the case, the information obtained from the production
phase of evidence, the expert analyses, the timetable to be defined by the Hague Court of Appeal and the judicial decisions on key issues
of the process, possible appeals, including before the Dutch Supreme Court, as well as the fact that the Foundation seeks only a declaratory
decision in this class action.

The Company, based on the assessments of its advisors,
considers that there are not enough indicative elements to qualify the universe of potential beneficiaries of a possible final decision
unfavorable