Notices and Material Facts

News update regarding Braskem and Petrobras contracts

BRASKEM S.A.
Corporate Taxpayer ID (CNPJ) 42.150.391/0001-70
Companies Registry (NIRE) 29.300.006.939
Publicly-Held Company
 
MATERIAL FACT

 
 
Braskem S.A. (“Company or Braskem”), in compliance with CVM Instruction 358/02, as a result of the allegations of improper payments to its benefits in contracts signed with Petróleo Brasileiro S.A. – Petrobras (“Allegations”), hereby announces to its shareholders and the market the following:
 
1. The Company has not been subpoenaed in any investigative procedure, in Brazil or abroad, related to the Allegations.
 
2. Nevertheless, Braskem proactively initiated an internal procedure of investigation about the Allegations (“Investigation”).
 
3. The Company hired law firms in Brazil and in the USA with recognized experience in similar cases to conduct the Investigation, which will be held in accordance with the best international practices in such procedures.
 
4. Braskem has voluntarily contacted the capital markets regulators in Brazil (Securities and Exchange Commission of Brazil - CVM) and in the United States (Securities and Exchange Commission – SEC and Department of Justice – DOJ) by keeping them informed about the progress of the Investigation. 
 
The Company reinforces its commitment to adopt the necessary measures to elucidate the facts and will keep the market informed about its advancements.
  

 

 
São Paulo, April 1, 2015.
 
 
Braskem S.A.
Mario Augusto da Silva
Chief Financial and Investor Relations Officer