Shareholders’ Meetings

OEGM 04/13/2021

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BRASKEM S.A.
Tax ID (C.N.P.J.) No. 42.150.391/0001-70
State Registration (NIRE) 29.300.006.939
PUBLICLY HELD COMPANY
 
MINUTES OF THE ANNUAL GENERAL AND EXTRAORDINARY MEETING
HELD ON APRIL 13, 2021
 
1. DATE, TIME AND PLACE: On April 13, 2021, at 3:00 pm, in an exclusively digital form, pursuant to article 4, paragraph 2, item I, and article 21-C, paragraphs 2 and 3 of the Comissão de Valores Mobiliários("CVM") Normative Rule no. 481, of December 17, 2009 ("CVM Rule 481"), as amended by CVM Rule no. 622, of April 17, 2020. According to article 4, paragraph 3 of CVM Rule 481, this Annual and Extraordinary General Meeting of BRASKEM S.A. ("Meeting" and "Company," respectively) was considered to be held at the Company's headquarters, located at Rua Eteno, nº 1.561, Camaçari, Polo Petroquimico, in the City of Camaçari, State of Bahia, Zip Code 42810-000, Brazil.
 
2. CALL NOTICE: Call Notice published pursuant to article 124 of Law No. 6,404 of December 15, 1976 ("Corporation Law"), in the "Diário Oficial da Bahia" and in the newspaper "O Correio da Bahia" newspapers, in their respective editions of March 12, 13 and 16, 2021 and March 12, 13 and 15, 2021. 
 
3. PUBLICATIONS: The following documents were published in accordance with Article 133 of the Brazilian Corporation Law: (i) Notice to Shareholders stating that the documents and information related to the matters on the agenda, including the Management Report on corporate affairs and the main administrative facts for the year ended December 31, 2020, a copy of the Financial Statements accompanied by the respective Explanatory Notes and the Report and Opinion of Grant Thornton Auditores Independentes, the Company's independent auditor, as well as the Fiscal Council's Opinion, were made available to shareholders at the Company's headquarters, as published in the newspaper "O Correio da Bahia" in the editions of March 12, 13 and 15, 2021 and in the "Official Gazette of the State of Bahia" in the editions of March 12, 13 and 16, 2021; and (ii) Management Report on the business and the main administrative facts of the fiscal year ended on December 31, 2020, the Financial Statements accompanied by the respective Explanatory Notes and the Report and Opinion of Grant Thornton Auditores Independentes, the Company's independent auditor, as well as the Fiscal Council's Opinion, all related to the fiscal year ended on December 31, 2020, dated March 10, 2021, were published in the "Official Gazette of the State of Bahia" and in the newspaper "O Correio da Bahia" in the edition of March 18, 2021. The above documents were made available to shareholders at the Company's headquarters and published on the CVM and the Company's web pages at least 1 (one) month in advance of the present date, pursuant to the Law SA and applicable CVM regulations. The other documents and information related to the agenda, pursuant to CVM Rule 481 and CVM Instruction 480, of December 7, 2009, as amended ("CVM Rule 480"), were disclosed to the Company's shareholders, through the presentation to the CVM through the Empresas.Net System, on March 11, 2021, which are available at the Company's headquarters.
 
4. ATTENDANCE: The Meeting was attended by shareholders representing 98.85% (ninety-eight point eighty-five percent) of the voting capital of the Company and 72.82% (seventy-two point eighty-two percent) of the preferred shares issued by the Company, as verified by the information contained in the analytical maps prepared by the bookkeeper and by the Company itself, in the form of article 21-W, items I and II of CVM Rule 481, and the records of the electronic system of distance participation made available by the Company, under the terms of article 21-V, item III of CVM Rule 481. Mr. Octavio Zampirollo Neto, representative of Grant Thornton Auditores Independentes, independent auditor of the Company, Mr. Carlos Alberto Rechelo Neto, also participated as a member of the Fiscal Council of Company, and Mr. Pedro van Langendonck Teixeira de Freitas, representative of the Company's management, who were available for clarification regarding the matters that are the object of the Meeting.
 
5. COMPOSITION OF THE PRESIDING BOARD: Once the legal quorum was verified, the Meeting started, with Ms. Paula Cristina Penteado Magalhães Azevedo acting as chairwoman of the meeting and Ms. Clarisse Mello Machado Schlieckmann as secretary of the meeting, who were chosen as established in article 16, paragraph 3, of the Company's Bylaws.
 
6. FISCAL COUNCIL'S REPORT: The Company's Fiscal Council, on March 10, 2021, considering in its analysis the unqualified report of KPMG Auditores Independentes, issued a favorable opinion to the proposal presented by the Management for approval, by the Annual General Meeting, of the proposal for the allocation of the results of the fiscal year ended on December 31, 2020, as stated in the statement of shareholders' equity, contained in the Financial Statements for the fiscal year ended on December 31, 2020, and that the balance of the Company's profit reserves is partially used to cover the entire amount of the loss for the year.
 
7. AGENDA: 
 
7.1. ON ANNUAL GENERAL MEETING: (i) Examine, discuss and vote on the Company's Financial Statements containing the Explanatory Notes, accompanied by the Report and Opinion of the Independent Auditors and the Opinion of the Fiscal Council, referring to the fiscal year ended on December 31, 2020; (ii) Examine, discuss and vote on the Management Report and the respective Management Accounts for the fiscal year ended on December 31, 2020; (iii) Examine and discuss the Management Proposal for the allocation of the results for the fiscal year ended on December 31, 2020; (iv) To resolve on the election of members of the Company's Fiscal Council and respective alternates; and (v) To resolve on the annual and global compensation of the managers and members of the Company's Fiscal Council for the fiscal year to end on December 31, 2021; and
 
7.2. ON EXTRAORDINAY MEETING: (vi) Resolve on the replacement of an alternate member of the Company's Board of Directors, appointed by the shareholders Novonor SA - Under judicial recovery (formerly known as Odebrecht SA) and OSP Investimentos SA - Under judicial recovery (jointly, "Novonor") as a complement term of office, until the Annual General Meeting that will consider the financial statements for the fiscal year to end on December 31, 2021; and (vii) Resolve on the reform and consolidation of the Company's Bylaws, as per changes contained in the Management Proposal, to implement adjustments to the powers of the Board of Directors.
 
The full minutes of the Meeting is available in the downloads section on the right.