Shareholding Structure
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Shareholding Structure – December 2025
| Total Capital | # shares | % |
| Controlling group | 4.775.929.565 | 37.06% |
| Federal Government | 3.740.470.811 | 29.02% |
| BNDESPar | 900.210.496 | 6.98% |
| BNDES | 135.248.258 | 1.05% |
| Non-Brazilian investors * | 5.776.680.446 |
44.82% |
| NYSE – ADRs (All) | 2.754.665.834 | 21.38% |
| B3 – Non-Brazilian investors | 3.022.014.612 | 23.45% |
| Brazilian investors * | 2.336.122.750 |
18.13% |
| Institutional investors | 995.229.173 | 7.72% |
| Retail | 1.340.893.577 |
10.40% |
| FMP-FGTS/FIA funds | 170.411.321 | 1.32% |
| General retail | 1.170.482.256 | 9.08% |
| Total outstanding ** | 12.888.732.761 | 100,00% |
| Shares in Treasury | 0 | 0.00% |
| Total | 12.888.732.761 | 100,00% |
| * Free float |
8.112.803.196 | 62.94% |
Total capital
Common Shares (PETR3. PBR-ADR)
| Total Capital | # shares | % |
| Controlling group | 3.740.470.811 |
50.26% |
| Federal Government | 3.740.470.811 | 50.26% |
| Non-Brazilian investors * | 3.066.981.785 |
41.21% |
| NYSE – ADRs | 2.096.275.376 | 28.17% |
| B3 | 970.706.409 | 13.04% |
| Brazilian investors * | 634.778.786 |
8.53% |
| Institutional investors | 318.708.237 | 4.28% |
| Retail | 316.070.549 |
4.25% |
| FMP-FGTS/FIA funds | 154.884.294 | 2.08% |
| General retail | 161.186.255 | 2.17% |
| Total outstanding ** | 7.442.231.382 | 100,00% |
| Shares in Treasury | 0 | 0.00% |
| Total | 7.442.231.382 | 100,00% |
| * Free float |
3.701.760.571 | 49.74% |
Common Shares (PETR3. PBR-ADR)
Preferred Shares (PETR4. PBR/A-ADR)
| Total Capital | # shares | % |
| Controlling group | 1.035.458.754 | 19.01% |
| BNDESPar | 900.210.496 | 16.53% |
| BNDES | 135.248.258 | 2.48% |
| Non-Brazilian investors * | 2.709.698.661 |
49.75% |
| NYSE – ADRs | 658.390.458 | 12.09% |
| B3 | 2.051.308.203 | 37.66% |
| Brazilian investors * | 1.701.343.964 |
31.25% |
| Institutional investors | 676.520.936 | 12.43% |
| Retail | 1.024.823.028 |
18.82% |
| FMP-FGTS/FIA funds | 15.527.027 | 0.29% |
| General retail | 1.009.296.001 | 18.53% |
| Total outstanding ** | 5.446.501.379 | 100,00% |
| Shares in Treasury | 0 | 0.00% |
| Total | 5.446.501.379 | 100,00% |
| * Free float | 4.411.042.625 | 80.99% |
Preferred Shares (PETR4. PBR/A-ADR)
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