Company: PBR
Filing Date: 2025-04-03
Form Type: 20-F
Source: 0001292814-25-001352
Chunk: 154

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-04-03
Form: 20-F
Item: Item 17
Chunk 154
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 our employees and officers, see Notes 18 and 34 to our audited consolidated financial statements.
 Besides compensation, the members of our Executive Officers receive additional benefits, such as medical assistance, supplementary social security benefits and a housing allowance. The members of the Board of Directors are entitled to supplementary social security benefits.
 Members of the Board of Directors, Fiscal Council and the Executive Officers may be legally entitled to gardening leave (Quarentena) upon termination of office, which rules and exceptions are provided by Brazilian law.
 None of the members of our Executive Officers nor any of our subsidiaries are entitled benefits upon termination of employment.
 For information on our advisory committee, see “Statutory Board Committees” below.
 We were not required to prepare an accounting restatement that required recovery of erroneously awarded compensation pursuant to our clawback policy. Additionally, there was no outstanding balance as of December 31, 2024 of erroneously awarded compensation to be recovered from the application of the policy to a prior restatement.
 See Exhibit 97.1 to this annual report for a copy of Petrobras’ clawback policy.
 

Annual Report and Form 20-F 2024 |
Share Ownership 
 As of January 31, 2025, the members of our Board of Directors, executive officers and members of Fiscal Council beneficially held the following shares of our capital stock:

                  Board        Executive Officers(1)    Fiscal
             of Directors(1)                           Council
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Common           218,608,427                   3,110   —      
shares (2)               (3)                                  
Preferred             10,418                  64,333   12,042 
shares (2)                                                    

(1)                                             Magda                                          
      Chambriard is our CEO and member of our Board of Directors. To avoid duplication of data,
      her share ownership was only considered in the total amount of shares owned by members of
                                       the Board of Directors.                                 
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(2)                                             Considers                                          
        CVM criteria which includes the shares owned by a spouse from whom they are not legally or 
      extrajudicially separated, a marriage partner, any dependents included in their annual income
         tax return and companies directly or indirectly controlled by them. It also includes the  
        position held by alternate members of the Fiscal Council. It does not include the position 
                 held by external members of the Board of Directors' Advisory Committees.          
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(3)                                           Also                                       
      reflects