News

Statement Article 12 ICVM 358 - Divestment of Relevant Equity Interest (Alaska - 03/24)

NOTICE TO THE MARKET

DIVESTMENT OF RELEVANT EQUITY INTEREST

São Paulo, March 24, 2020 - BRASKEM S.A. (B3: BRKM3, BRKM5 and BRKM6; OTC: BRKMY; LATIBEX: XBRK) ("Company"), in compliance with Article 12 of CVM Instruction 358/02, hereby inform its shareholders and the market that it received correspondence from Alaska Investimentos Ltda., a private legal entity, with principal place of business at Rua Bandeira Paulista, 600, conjunto 73, Itaim Bibi, CEP 04532-001, in the City of São Paulo, State of São Paulo, inscribed in the roll of corporate taxpayers (CNPJ/MF) under number 11.752.203/0001-50, informing that it divested, on March 18, 2020, class "A" preferred shares issued by the Company, with its equity position reaching 13,667,300 class "A" preferred shares (which includes 779,900 shares acquired through forward contracts) representing 3.96% of the total class "A" shares issued by the Company. Alaska Investimentos LTDA. also declared that it held 3,250,000 derivative instruments with the class "A" preferred shares as the underlying asset.

Alaska Investimentos LTDA. further informed that the reduction in the aforementioned equity interest merely represents a financial transaction and does not seek to change the controlling group or the administrative structure of the Company.

For more information, contact Braskem's Investor Relations Department by calling +55 (11) 3576-9531 or by sending an e-mail to braskem-ri@braskem.com.br.