Company: PBR
Filing Date: 2025-09-05
Form Type: 424B2
Source: 0001104659-25-087755
Chunk: 91

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-09-05
Form: 424B2
Chunk 91
---
 remains in place, and the direction of any subsequent strategic plan; |

| · | the outcome of ongoing corruption investigations and any new facts or information that may arise in relation 
 to the Lava Jato investigation;                                                                              |

| · | the effectiveness of Petrobras’ risk management policies and procedures, including operational risk; |

| · | potential changes to the composition of Petrobras’ board of directors and our management team; and |

| · | litigation, such as class actions or enforcement or other proceedings brought by governmental and regulatory 
 agencies.                                                                                                    |

For additional information on factors that could
cause our actual results to differ from expectations reflected in forward-looking statements, please see “Risk Factors” as
set forth in our most recent annual report on Form 20-F, which is incorporated by reference herein, and in any prospectus supplement.

All forward-looking statements attributed to us
or a person acting on our behalf are qualified in their entirety by this cautionary statement, and you should not place undue reliance
on any forward-looking statement included in this prospectus. We undertake no obligation to publicly update or revise any forward-looking
statements, whether as a result of new information or future events or for any other reason.

<div align='center'>4

PETROBRAS</div>

Petrobras is one of the world’s largest integrated
oil and gas companies, engaging in a broad range of oil and gas activities. Petrobras is a sociedade de economia mista, organized
and existing under the laws of Brazil. For the years ended December 31, 2023 and 2022, Petrobras had sales revenues of U.S.$102,409
million and U.S.$124,474 million, respectively, gross profit of U.S.$53,974 million and U.S.$64,988 million, respectively, and net income
attributable to shareholders of Petrobras of U.S.$ 24,884 million and U.S.$36,623 million, respectively. In 2023, Petrobras’ average
domestic daily oil and Natural Gas Liquids (“NGL”) production was 2,231 million bbl/d.

Petrobras currently divides its activities into the following
segments of operations:

| · | Exploration and Production (“E&P”): 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