Company: PBR
Filing Date: 2025-09-05
Form Type: 424B2
Source: 0001104659-25-087755
Chunk: 147

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-09-05
Form: 424B2
Chunk 147
---
 dividend, upon which a cash distribution or an issuance of additional ADSs is made as a result of such elective dividend; |

| · | an aggregate fee of up to U.S.$0.05 per ADS per calendar year (or portion thereof) for services performed by the depositary in administering 
 the ADRs (which fee may be charged on a periodic basis during each calendar year and shall be assessed against ADR holders as of the record  
 date or record dates set by the depositary during each calendar year and shall be payable in the manner described in the next succeeding     
 provision);                                                                                                                                  |

| · | a fee for the reimbursement of such fees, charges and expenses as are incurred by the depositary and/or any of its agents (including,        
 without limitation, the custodian and expenses incurred on behalf of ADR holders in connection with compliance with foreign exchange control 
 regulations or any law, rule or regulation relating to foreign investment) in connection with the servicing of the shares or other           
 deposited securities, the holding of foreign currency, the sale of securities (including, without limitation, deposited securities), the     
 delivery of deposited securities or otherwise in connection with the depositary’s or its custodian’s compliance with applicable              
 law, rule or regulation (which fees and charges shall be assessed on a proportionate basis against ADR holders as of the record date         
 or dates set by the depositary and shall be payable at the sole discretion of the depositary by billing such ADR holders or by deducting     
 such charge from one or more cash dividends or other cash distributions);                                                                    |

| · | a fee for the distribution of securities (or the sale of securities in connection with a distribution), such fee being in an amount          
 equal to the $0.05 per ADS issuance fee for the execution and delivery of ADSs which would have been charged as a result of the deposit      
 of such securities (treating all such securities as if they were shares) but which securities or the net cash proceeds from the sale thereof 
 are instead distributed by the depositary to those ADR holders entitled thereto;                                                             |

| · | stock transfer or other taxes and other governmental charges; |

| · | SWIFT, cable, telex, electronic and facsimile transmission and delivery charges incurred at your request or at the request of other 
 parties in connection with the deposit or delivery of shares, ADRs or deposited securities;                                         |

| · | transfer or registration fees for the registration of transfer of deposited securities on any applicable register in