Company: PBR
Filing Date: 2025-02-27
Form Type: 6-K
Source: 0001292814-25-000670
Chunk: 161

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-02-27
Form: 6-K
Chunk 161
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 meeting prerequisites and performance indicators. The variable remuneration to be paid changes according to the percentage
of achievement of the targets and its payment is deferred in 4 annual installments.

On December 31, 2024, the company provisioned R$14.5 for the
Performance Bonus Program – PPP 2024 for the members of the Executive Board (R$14.4 on December 31, 2023).

Exemption from damage (indemnity)

Since 2022, the Company's Bylaws establish the obligation
to indemnify its managers, members with statutory functions and other employees and agents who legally act by delegation of the Company's
managers, besides maintaining a permanent insurance contract in favor of these individuals, to save them from liability for acts arising
from the exercise of their activities. As of 2018, the bylaws also began to provide for the possibility of Petrobras entering into indemnity
contracts, in order to cover any expenses due to complaints, inquiries, administrative, arbitration or judicial investigations and proceedings,
in Brazil or in any other jurisdiction, which aim to impute responsibility for regular management acts practiced exclusively in the exercise
of its activities since the date of its investiture or the beginning of the contractual relationship with the Company. The limits and
form of defense in judicial and administrative proceedings are defined in the Policy for the Application and Governance of the Indemnity
Commitment, approved by the Board of Directors.

The first Indemnity Commitment was approved by the Board of
Directors on December 18, 2018, starting from its signature until the Ordinary General Meeting of 2020. The maximum exposure established
by the Company (global limit for all eventual damages) was R$ 1,955.

The second Indemnity Commitment was approved by the Board
of Directors on March 25, 2020, starting from its signature until the Ordinary General Meeting of 2022. The maximum exposure established
by the Company (global limit for all possible damages) was R$ 1,521.

The third Indemnity Commitment was approved by the Board of
Directors on March 30, 2022, starting from its signature, until the Ordinary General Meeting of 2024. The maximum exposure established
by the Company (global limit for all possible damages) was R$ 950.

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| NOTES TO THE FINANCIAL STATEMENTSPETROBRAS(In millions of reais