Company: PBR
Filing Date: 2025-09-05
Form Type: 424B2
Source: 0001104659-25-087755
Chunk: 122

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-09-05
Form: 424B2
Chunk 122
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 PGF, the trustee has not received such amounts from Petrobras under a guaranty by the end of that 
 30-day period.                                                                                                                        |

| · | We remain in breach of any covenant or any other term in respect of a debt security of a series issued under the indenture, or in         
 a supplemental indenture, or, if applicable, under a guaranty for 60 calendar days after we receive a notice of default stating that we   
 are in breach. The notice must be sent by either the trustee or holders of 25% of the principal amount of debt securities of the affected 
 series.                                                                                                                                   |

| · | In the case of any convertible security of Petrobras, it remains in default in the conversion of any security of such series for 30    
 days after it receives a notice of default stating that it is in default. The notice must be sent by either the trustee or the holders 
 of 25% of the principal amount of debt securities of the affected series.                                                              |

| · | The maturity of any indebtedness of PGF, Petrobras or a material subsidiary in a total aggregate principal amount of U.S.$200,000,000 
 (or its equivalent in another currency) or more is accelerated in accordance with the terms of that indebtedness, it being understood 
 that prepayment or redemption by us or a material subsidiary of any indebtedness is not acceleration for this purpose.                |

| · | In the case of Petrobras, if it is adjudicated or found bankrupt or insolvent or it is ordered by a court or pass a resolution to 
 dissolve.                                                                                                                         |

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| · | PGF, Petrobras or any material subsidiary stops paying or is generally unable to pay its debts as they become due, except in the case    
 of a winding-up, dissolution or liquidation for the purpose of and followed by a consolidation, spin-off, merger, conveyance or transfer 
 duly approved by the debt security holders of a series.                                                                                  |

| · | If proceedings are initiated against PGF, Petrobras or any material subsidiary it under any applicable liquidation, insolvency, 
 composition, reorganization, winding up or any other similar laws, or under any other law for the relief of, or relating to,    
 debtors, and such proceeding is not dismissed or stayed within 90 calendar days.                                                |

| · | An administrative or other receiver, manager or administrator, or any such or other similar official is appointed in