PetroReconcavo ended 3Q25 with Gross Debt of R$ 2.5 billion. It is worth mentioning that most of the Company's resources are invested in foreign exchange funds. These investments aim to track the variation of the dollar against the real, aiming to protect the Company from exchange rate variations, since most of its revenues are mostly denominated in U.S. dollars.
Net Debt, considering the cash position as of September 30, 2025, is R$ 1.5 billion, a 18% increase compared to the 2024 balance. The Net Debt/EBITDA ratio for the last 12 months is 1.00x.
Cost and Maturity of Debt
Net debt evolution (R$ million)
Debt Payment Schedule (US$ millions)*