Company: PBR
Filing Date: 2025-05-13
Form Type: 6-K
Source: 0001292814-25-002053
Chunk: 19

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-05-13
Form: 6-K
Chunk 19
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 iii) the alleged rights under Spanish legislation are prescribed.

Regarding the aspects of Brazilian, Argentine and
Luxembourger laws considered relevant to the sentence, the Court ordered the production of technical evidence by Brazilian and Argentine
experts and by Luxembourger authorities.

On October 30, 2024, after the parties' comments
on the technical evidence, the District Court of Rotterdam issued a ruling, in which it broadly accepted Petrobras' arguments regarding
the requests presented in favor of the Company's shareholders and considered that: i) in accordance with Brazilian legislation, all damages
alleged by the Foundation qualify as indirect and are not subject to compensation; and ii) according to Argentine law, shareholders cannot,
in principle, request compensation from the Company for damages alleged by the Foundation, and the Foundation has not demonstrated that
it represents a sufficient number of investors who could, in theory, present such a request.

Therefore, the District Court of Rotterdam rejected
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 and will have the opportunity to substantiate their own appeals and respond to each other's appeals,
before judgment by the Court of Appeal in The Hague. 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