The commitment to an ethical, integral and transparent action begins on Braskem's Board of Directors and should extend to all Members of the company. Continued support and commitment of leadership to good conduct are indispensable conditions for the promotion of a culture of ethics, integrity and transparency and respect for the laws, which must be strengthened and implemented at all levels of the company. By acting with ethics, integrity and transparency, leadership inspires other Members to act in accordance with these same principles, forming the basis of an effective compliance system.
Our compliance governance is structured as follows:
Statutory Compliance and Audit Committee - CCAE
The Company's Statutory Compliance and Audit Committee is in compliance with CVM Resolution 23/2021 and the rules of the Sarbanes-Oxley Act (SoX) and has, among its main duties, to ensure the follow-up of Braskem's internal controls and exposure to risks, in addition to supervising the quality and integrity of the financial statements and financial reports, the activities of the independent auditors regardless of the attributions conferred to the Fiscal Council.
The current structure of the CCAE is as follows:
|CCAE - Statutory Compliance and Audit Committee||Position||Independent*|
|Julio Soares de Moura Neto (Committee Coordinator)||Board Member||Yes|
|Gesner José de Oliveira||Board Member||Yes|
|Paulo Roberto Vales de Souza||Board Member||Yes|
|José Écio Pereira da Costa Junior||External Member||Yes|
|Maria Helena Pettersson||External Member||Yes|
*According to the rules detailed in the section "Overview" of the Corporate Governance
Chief Compliance Officer (CCO)
Braskem's Chief Compliance Officer (CCO) is responsible for the daily monitoring of the Compliance System and acts as a resource in all related matters. The Compliance area encompasses the following fronts: Compliance, Internal Controls, Corporate Risk Management and Internal Audit. The CCO responds to the Board of Directors and is led by the Coordinator of the Compliance Committee, seeking greater independence and autonomy in the conduct of its activities.
Braskem's Ethics Committee aims to support the Compliance Committee of the Board of Directors in the application of the rules of compliance in the Company, as well as in the evaluation of issues that involve violations of the commitment to act ethically, integrity and transparency in the Company.
The Compliance System supports the Members, aiming at the effective compliance between the commitment and the ethical, integral and transparent action. It consists of a set of measures to prevent, detect and remedy Risks that do not conform to an ethical, integrated and transparent action. The Compliance System must be implemented by the Leaders in all activities and operations of the Company, and must be monitored systemically by the Board of Directors.