Company: PBR
Filing Date: 2025-11-07
Form Type: 6-K
Source: 0001292814-25-003833
Chunk: 2

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-11-07
Form: 6-K
Chunk 2
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 to the Federal Government, states, and municipalities in3Q25
•We approved R$ 12.2 billion in dividends related to 3Q25 results 9.211.710.212.02Q253Q25EBITDA US$ billionAdjusted EBITDAAdjusted
EBITDA without one-off events17%4.76.04.15.22Q253Q25NET INCOMEUS$ billionNet incomeNet income without one-off events28% Performance Report
3Q25 I 5 HIGHLIGHTS Main operational highlights •Oil, NGL and natural gas production averaged 3.14 million boed, representing an
8%increase compared to 2Q25. This growth was mainly due to the peak production (designcapacity) achieved by FPSO Almirante Tamandaré,
in Búzios field, as well as theincreased production capacity of FPSO Marechal Duque de Caxias, in Mero field •FPSO Almirante
Tamandaré reached its planned peak production of 225 Mbpd inAugust, with only 5 producing wells and 3 months ahead of schedule.
In October, itreached 270 Mbpd, surpassing its nominal capacity and becoming Petrobras' andBrazil's highest oil-producing platform •The
platforms in Búzios field surpassed the operated production of 1 MMbpd of oil inOctober •In October, we signed five contracts
for the construction of the units of the BoaventuraRefining Project, a milestone in the modernization of our refining system. The projectwill
integrate REDUC into the Boaventura Energy Complex, increasing the production ofhigher value-added oil products, such as S10 Diesel, Jet
Fuel, and Group II base oils,strengthening our portfolio •In 3Q25, we achieved a record in oil exports, reaching 814 Mbpd, reflecting
the higher oilproduction by E&P •We achieved 94% utilization factor in the refining system, with 69% of the total volumerepresented
by high value oil products — diesel, gasoline, and jet fuel — reflecting thehigh efficiency and profitability of the refining
system •In August, we brought forward the delivery of 1.12 GW of power from the Ibirité andTermoRio thermoelectric plants,
initially scheduled for July 2026 relative to the 2021Capacity Reserve Auction. This anticipation enhances the reliability and flexibility
of