Company: PBR
Filing Date: 2025-11-07
Form Type: 6-K
Source: 0001292814-25-003847
Chunk: 36

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-11-07
Form: 6-K
Chunk 36
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4% |  6.9% |  6.8% |  7.2% |         6.7% |      6.7% |            |
| Total as of December 31, 2024                                                                                               | 2,566 | 1,864 | 2,264 | 1,791 | 1,780 |       12,897 |    23,162 |     22,213 |
| Average interest rate                                                                                                       |  7.0% |  7.4% |  7.1% |  6.9% |  7.3% |         6.6% |      6.8% |            |
| (1) The average maturity of outstanding debt as of September 30, 2025 is 11.36 years (12.52 years as of December 31, 2024). |       |       |       |       |       |              |           |            |
| (2) Operations with variable index + fixed spread.                                                                          |       |       |       |       |       |              |           |            |
| (3) Operations with variable index + fixed spread, if applicable.                                                           |       |       |       |       |       |              |           |            |

The fair value of the Company's finance debt is
mainly determined and categorized into a fair value hierarchy as follows:

| · | Level 1- quoted prices in active markets for                                                                                    
 identical liabilities, when applicable, amounting to US$ 13,665 as of September 30, 2025 (US$ 11,174 of December 31, 2024); and |

| · | Level 2 – discounted cash flows based                                                                                                     
 on discount rate determined by interpolating spot rates considering financing debts indexes proxies, taking into account their currencies 
 and also Petrobras’ credit risk, amounting to US$ 13,901 as of September 30, 2025 (US$ 11,039 as of December 31, 2024).                   |

The sensitivity analysis for financial instruments
subject to foreign exchange variation is set out in note 26.4.1.

A maturity schedule of the Company’s finance
debt (undiscounted), including face value and interest payments is set out as follows:

| Maturity                                                                                   | 2025 |  2026 |  2027 |  202