According to the company’s website news release on February 27, 2023, – Braskem S.A. (“Braskem” or “Company”) (Ticker B3: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK) hereby informs the market in general that, in view of the news published in the media regarding the sales process of Braskem and according to the Notice to the Market published on 04.07.22, 04.11.22, 05.02.22, 05.09.22, 05.19.22, 07.18.22, 07.29.22, 08.08.22, 08.29.22, 09.02.22 and 10.11.22, it does not conduct any negotiations of Novonor and Petrobras (“Shareholders”) for the sale of the Company, for which reason it requested clarifications from its Shareholders, which informed the following:
(A) Novonor: “Dear, In response to the request for clarification below, Novonor hereby reiterates its previous manifestations regarding the process of divestment of its shareholding in Braskem, emphasizing that, up to the present moment, there has been no binding and material evolution in the related alternatives to the said process.
We remain at your disposal for any further clarifications.”
(B) Petrobras: “Regarding the question, Petrobras informs that it is not carrying out any structuring of a sale operation in the private market and that it does not participate in the negotiations or decisions mentioned in the article.
The Company will keep the market informed of any relevant information on the subject.”
Braskem informs that it will continue to support Shareholders and will keep the market informed about relevant developments, in compliance with applicable laws.
For more information, contact Braskem's Investor Relations Department by calling +55 (11) 3576-9531 or emailing braskem-ri@braskem.com.br.
FORWARD-LOOKING STATEMENTS
This Notice to the Market may contain forward-looking statements. These statements are not historical facts, but rather are based on the current view and estimates of the Company's management regarding future economic and other circumstances, industry conditions, financial performance and results, the geological event in Alagoas and related legal procedures and from COVID-19 on the Company's business, financial condition and operating results. The words “project,” “believe,” “estimate,” “expect,” “plan” and other similar expressions, when referring to the Company, are used to identify forward-looking statements. Statements related to the possible outcome of legal and administrative proceedings, implementation of operational and financing strategies and investment plans, guidance on future operations, as well as factors or trends that affect the financial condition, liquidity or operating results of the Company are examples of forward-looking statements. Such statements reflect the current views of the Company's management and are subject to various risks and uncertainties, many of which are beyond the Company’s control. There is no guarantee that the events, trends or expected results will actually occur. The statements are based on various assumptions and factors, including general economic and market conditions, industry conditions and operating factors. Any change in these assumptions or factors, including the projected impact from the joint venture and its development of technologies, from the geological event in Alagoas and related legal procedures and the unprecedented impact from COVID-19 on businesses, employees, service providers, shareholders, investors and other stakeholders of the Company could cause effective results to differ significantly from current expectations. For a comprehensive description of the risks and other factors that could impact any forward-looking statements in this document, especially the factors discussed in the sections, see the reports filed with the Brazilian Securities and Exchange Commission (CVM). This Notice to the Market does not constitute any offer of securities for sale in Brazil. No securities may be offered or sold in Brazil without being registered or exempted from registration, and any public offer of securities carried out in Brazil must be made through a prospectus, which would be made available by Braskem and contain detailed information on Braskem and its management, as well as its financial statements.
