Company: PBR
Filing Date: 2025-09-03
Form Type: 424B2
Source: 0001104659-25-086714
Chunk: 12

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-09-03
Form: 424B2
Chunk 12
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-month periods ended June 30, 2025 and 2024, Petrobras had sales revenues of U.S.$42,110 million and U.S.$47,235 million, respectively, gross profit of U.S.$20,400 million and U.S.$23,984 million, respectively, and net income (loss) attributable to shareholders of Petrobras of U.S.$10,708 million and U.S.$4,438 million, respectively. In 2024, Petrobras’s average domestic daily oil and Natural Gas Liquids (“NGL”) production was 2,152 million bbl/d. In the six-month period ended June 30, 2025, Petrobras’s average domestic daily oil and NGL production was 2,266 million bbl/d. Petrobras currently divides its activities into the following segments of operations:

| · | Exploration and Production: this segment covers the activities of exploration, development and production of crude oil, NGL and natural gas in Brazil and abroad, for the primary purpose of supplying our domestic refineries. The E&P segment also operates through partnerships with other companies, including holding interests in non-Brazilian companies in this segment; |
| · | Refining, Transportation and Marketing: this segment covers the activities of refining, logistics, transport, acquisition and exports of crude oil, as well as trading of oil products, in Brazil and abroad. This segment also includes the petrochemical operations (which includes holding interests in petrochemical companies in Brazil), and fertilizer production; and    |

| · | Gas and Low Carbon Energies: this segment covers the activities of logistics and trading of natural gas and electricity, transportation and trading of liquefied natural gas (“LNG”), generation of electricity by means of thermoelectric power plants, as well as natural gas processing. It also includes renewable energy businesses, low carbon services (carbon capture, utilization and storage) and the production of biodiesel and its co-products. |

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Additionally, Petrobras has
a Corporate and Other Businesses classification that includes general corporate matters, in addition to distribution business. Corporate
items mainly include those related to corporate financial management, trade and other receivables, allowance for credit losses, gains
(losses) with derivatives (except those with commodity derivatives included in their respective segments), corporate overhead and other
expenses, including actuarial expenses related to pension and health care plans for beneficiaries. Other Businesses comprise the distribution
of oil products abroad (throughout South