Company: PBR
Filing Date: 2025-11-07
Form Type: 6-K
Source: 0001292814-25-003847
Chunk: 42

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-11-07
Form: 6-K
Chunk 42
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                        -13 | Level 1              |                            2025 |
| Options - Long put/ Soybean oil (3)                  |         -5 |              - |          − |                          − | Level 2              |                            2025 |
| Total open derivative transactions                   |            |                |        -22 |                       -101 |                      |                                 |
| (1) Amounts in US$ and R$ are presented in millions. |            |                |            |                            |                      |                                 |
| (2) Notional value in thousands of bbl.              |            |                |            |                            |                      |                                 |
| (3) Notional value in thousands of tons.             |            |                |            |                            |                      |                                 |

| 46 |

| NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTSPETROBRAS(Expressed in millions of US Dollars, unless otherwise indicated) |

Commercial derivatives require guarantees, accounted
for as other assets and/or other liabilities.

|                       |     |            | Guarantees given as collateral |
|                       |     | 09.30.2025 |                     12.31.2024 |
| Commodity derivatives |     |         29 |                             69 |

Equity

|                                              |     |            | Cumulative losses in other comprehensive income (shareholders’ equity) |
|                                              |     | 09.30.2025 |                                                             12.31.2024 |
| Hedge accounting                             |     |            |                                                                        |
| Cash flow hedge on exports - Note 26.4.1 (a) |     |    -19,081 |                                                                -30,845 |
| Deferred income taxes                        |     |      6,486 |                                                                 10,485 |
| Total                                        |     |    -12,595 |                                                                -20,360 |

| 26.4. |     | Market risks |

| 26.4.1. |     | Foreign exchange rate risk management |

| a) | Cash flow hedge involving the 
 Company’s future exports      |

The Company uses hedge accounting for the risk
arising from foreign exchange rate variations of “highly probable future exports” (hedged item) by means of foreign exchange
rate variations of proportions of certain obligations denominated in U.S. dollars (hedging instruments).

The carrying amounts, the fair value as of September
30, 2025, and