NOTICE TO THE MARKET
São Paulo, September 14, 2017 - Braskem S.A. (B3: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK) informs its shareholders and the market that Braskem and the Lead Plaintiff in In re Braskem Securities Litigation (U.S. District Court for the Southern District of New York, Civil Action No. 15-CV-5132-PAE) (the "Class Action") have signed a proposed settlement agreement ("Proposed Settlement") which will be submitted to the mentioned Court for preliminary approval.
Under the terms of the Proposed Settlement, Braskem would pay US$ 10 million to resolve all claims of a settlement class, consisting of purchasers of Braskem American Depositary Receipts ("ADRs") during the period of July 15, 2010 through March 11, 2015, that arise out of or relate to the subject matter of the Class Action, with the exception of claims belonging to any such purchasers who opt out of the settlement class.
The Proposed Settlement is subject to a number of conditions including court approval.
For more information, contact Braskem's Investor Relations Department by calling +55 (11) 3576-9531 or sending an e-mail to email@example.com.