NOTICE TO THE MARKT
São Paulo, August 20, 2021 - Braskem S.A ("Braskem" or "Company") (B3: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK), due to news published in the media regarding the public offering of the Company's shares as a possible strategy for the way out of the shareholders, it communicates to the market that is not aware of the information contained in the referred news and, as mentioned in other opportunities, it is not part of any discussions by its shareholders about the sale of its equity stake, reason why requested clarifications to its shareholders Novonor and Petrobras, which informed the following:
"We refer to your email from yesterday, August 19, 2021, through which you request clarifications on the news published on Bloomberg, on August 19, 2021, under the title "Braskem share offering returns to the table as a way out of the shareholders".
In this regard, as you know and the market, Novonor is considering a potential transaction involving Novonor S.A.'s stake in Braskem and, in this context, is evaluating potential structures for such transaction. However, there are not enough elements to ensure the completion of any transaction, nor has any structure been defined for this purpose. In this context, as of now, there is no additional information to be provided on the subject."
"In response to your question and CVM rules, Petrobras clarifies that there is no definition or decision on the form of divestment of its participation in Braskem, and it is important to emphasize that, as informed on 08/09/2021, it hired JP Morgan for financial advice on the eventual and future transaction related to its participation in the company."
For more information, contact Braskem's Investor Relations Department by calling +55 (11) 3576-9531 or sending an email to email@example.com.
DISCLAIMER ON FUTURE STATEMENTSThis Notice to the Market may contain forward-looking statements. These statements are not historical facts, but are based on the current view and estimates of the Company's management regarding future economic and other circumstances, industry conditions, financial performance and results, including any potential or projected impact from the geological event in Alagoas and related legal procedures and from covid-19 on the Company's business, financial condition and operating results. The words "forecasts," "believes," "estimates," "expects," "plans" and other similar expressions, when referring to the Company, are intended to identify forward-looking statements. Statements related to the possible outcome of legal and administrative proceedings, implementation of operational and financing strategies and investment plans, guidance about future operations, as well as factors or trends that affect the financial condition, liquidity or operating results of the Company are a few examples of forward-looking statements. These statements reflect the current views of the Company's management and are subject to diverse risks and uncertainties, many of which are beyond the control of the Company. There is no guarantee that said events, trends or expected results will actually occur. The statements are based on several assumptions and factors, including general economic and market conditions, industry conditions and operating factors. Any change in such assumptions or factors, including the projected impact from the geological event in Alagoas and related legal procedures and the unprecedented impact from the covid-19 pandemic on the businesses, employees, service providers, shareholders, investors and other stakeholders of the Company could cause actual results to differ significantly from current expectations. For a comprehensive description of the risks and other factors that could impact any forward-looking statements in this document, especially the factors discussed in the sections, see the reports filed with the Brazilian Securities and Exchange Commission (CVM).