São Paulo, September 01, 2021.
Securities and Exchange Commission of Brazil (CVM)
Re.: Official Letter 206/2021/CVM/SEP/GEA-1 - Request for clarifications
We refer to Official Letter 206/2021/CVM/SEP/GEA-1 ("Official Letter") dated August 31, 2021, transcribed below, through which you requested clarifications from Braskem S.A. ("Braskem" or "Company") regarding the news report published on August 31, 2021 about the news published on August 31,2021 in the Valor Econômico newspaper, in the Companies section, under the title: "Unipar wants Braskem's asset on the ABC", which contains the following statements:
"1. We refer to the news published on August 31,2021 in the Valor Econômico newspaper, in the Companies section, under the title: "Unipar wants Braskem's asset on the ABC", which contains the following statements:
Unipar Carbocloro showed Novonor (formerly Odebrecht) an interest in the assets of Braskem at the ABC Petrochemical Complex, in São Paulo, and even presented a non-binding proposal, according to Valor. According to market sources, the integration of the petrochemical complex in São Paulo is strategic for guaranteeing Unipar access to the ethylene, feedstock for the PVC production.
Unipar's interest was expressed to Braskem's controlling company as part of the sale process agreed by Novonor with creditors and resumed this year. Advised by Morgan Stanley, the group initially aimed to fully sell Braskem operations. But, in this process, there was greater interest in specific assets of the company than in the whole.
2. In this regard, we request a statement from the company regarding the veracity of the news, and, if so, explain the reasons why it did not consider it to be a material fact, as well as comment on other information considered important on the subject. "
With regard to your request, Braskem clarifies that is not a part of any eventual discussions between its shareholders about the sale of their equity interest in Braskem and is not aware of the information contained in the news object of this Official Letter, reason why Braskem requested a clarification from Novonor, which responded as follows:
"We refer to your e-mail dated as of August 31, 2021, through which you request us clarifications on the news published in the newspaper Valor Econômico, in the Companies section, on August 31, 2021, under the title " Unipar wants Braskem's asset on the ABC".
Referring to our previous communications, we reiterate that Novonor S.A. has started a process to sell its stake in Braskem S.A., in compliance with commitments assumed with its creditors, being such fact already of public knowledge, since the necessary communications were made.
With regard to this sale process, Novonor S.A. mandated a financial advisor to coordinate it and this is in progress, in the initial phase of analysis of proposals and structuring. Thus, considering the preliminary and confidential nature of the sale process, including confidentiality obligations assumed before the participants, there is currently no fact that should be communicated to the market, in the form of applicable regulation."
Pedro van Langendonck Teixeira de Freitas
Chief Financial and Investor Relations Officer