Company: PBR
Filing Date: 2025-09-03
Form Type: 424B2
Source: 0001104659-25-086714
Chunk: 157

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-09-03
Form: 424B2
Chunk 157
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. The depositary and its agents may fully respond to any and all demands or requests for information maintained by or on
its behalf in connection with the deposit agreements, any ADR holder or holders, any ADRs or otherwise related to the deposit agreements
or ADRs to the extent such information is requested or required by or pursuant to any lawful authority, including without limitation laws,
rules, regulations, administrative or judicial process, banking, securities or other regulators. The depositary shall not be liable for
the acts or omissions made by, or the insolvency of, any securities depository, clearing agency or settlement system. Furthermore, the
depositary shall not be responsible for, and shall incur no liability in connection with or arising from, the insolvency of any custodian
that is not a branch or affiliate of JPMorgan. Notwithstanding anything to the contrary contained in the deposit agreements or any ADRs,
the depositary shall not be responsible for, and shall incur no liability in connection with or arising from, any act or omission to act
on the part of the custodian except to the extent that any ADR holder has incurred liability directly as a result of the custodian having
(i) committed fraud or willful misconduct in the provision of custodial services to the depositary or (ii) failed to use reasonable
care in the provision of custodial services to the depositary as determined in accordance with the standards prevailing in the jurisdiction
in which the custodian is located. The depositary and the custodian may use third party delivery services and providers of information
regarding matters such as pricing, proxy voting, corporate actions, class action litigation and other services in connection with the
ADRs and the deposit agreements, and use local agents to provide extraordinary services such as attendance at annual meetings of issuers
of securities. Although the depositary and the custodian will use reasonable care (and cause their agents to use reasonable care) in the
selection and retention of such third party providers and local agents, they will not be responsible for any errors or omissions made
by them in providing the relevant information or services. The depositary shall not have any liability for the price received in connection
with any sale of securities, the timing thereof or any delay in action or omission to act nor shall it be responsible for any error or
delay in action, omission to act, default or negligence on the part of the party so retained in connection with any such sale or proposed
sale.

The depositary