News

Notice to Shareholders - Distribution of Dividends Approved on EGM of 10/03/2019

BRASKEM S.A.
Corporate Tax ID (CNPJ/MF): 42.150.391/0001-70
Company Registry (NIRE): 29300006939
Publicly Held Company

NOTICE TO SHAREHOLDERS
DISTRIBUTION OF DIVIDENDS

Braskem S.A. ("Braskem" or "Company") (Ticker B3: BRKM3, BRKM5 and BRKM6) hereby notifies its shareholders and the general market that, in accordance with the resolution taken by the Extraordinary Shareholders Meeting held on October 3, 2019 ("ESM 2019"), approval was given for the distribution of mandatory dividends, corresponding to 25% of Adjusted Net Income for the fiscal year ended December 31, 2018, in the aggregate amount of R$667,418,571.58, in compliance with Article 46, Paragraph 3 of the Bylaws of the Company, comprising the following gross amounts: (i) R$378,778,377.51, corresponding to R$0.838620027834 per common share; (ii) R$288,336,915.05, corresponding to R$0.838620027834 per class "A" preferred share; and (ii) R$303,279.02, corresponding to R$0.606279148700 per class "B" preferred share.

In Brazil, the dividends will be paid on December 30, 2019 by the depositary bank of the shares, Itaú Corretora de Valores S.A., without any withholding of income tax, in accordance with the legislation in force, and without any remuneration or inflation adjustment, based on shareholders of record on October 3, 2019. 

The common and preferred shares issued by the Company in Brazil began trading "ex-dividends" on October 4, 2019.

Shareholders whose registration information does not contain a tax ID number (CPF/CNPJ) or specify a bank, branch and checking account must go to one of branches of Banco Itaú offering shareholders services and provide such information.

For more information, contact the Investfone - Shareholder Services Center by telephone at 55 (11) 3003-9285 in state capitals and metropolitan areas and at 0800 720 9285 in other locations, or go to a bank branch offering shareholder services.

For the holders of Braskem's American Depositary Receipts (ADRs), the dividends will be paid by the Bank of New York Mellon, the depositary bank. The record date, payment date and other information for the ADRs are available at www.adrbnymellon.com. 

Camaçari, December 18, 2019

Braskem S.A.
Pedro van Langendonck Teixeira de Freitas
Investor Relations Officer