Notices and Material Facts

Braskem notices to the market that has signed an agreement to purchase renewable energy from Casa dos Ventos

NOTICE TO THE MARKET

 

São Paulo, January 22, 2021 - Braskem S.A. ("Braskem" or "Company") (B3: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK) hereby informs its shareholders and the market that, in alignment with its strategy to expand the use of clean energies in its industrial operations, it has signed an agreement to purchase renewable energy from Casa dos Ventos, one of Brazil's pioneering and largest investors in the development of projects in this industry.

The agreement will contribute to the feasibility of the construction of a new wind farm by Casa dos Ventos in the state of Rio Grande do Norte, which will ensure the supply of energy to Braskem for 20 years. In addition to the purchase of energy, Braskem also will have the option to acquire, subject to approval by the competent governance levels, an equity interest in the wind farms, which would enable a self-production model.

Note that this is the fourth agreement for the purchase of competitive renewable energy signed by Braskem, surpassing the average amount of 100 MW of renewable energy contracted from solar and wind sources, which put Braskem near to the estimated mark of 1.5 million tons of CO2 emissions avoided only through such purchase agreements, which will contribute to the Company becoming carbon neutral by 2050.

 

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

 

DISCLAIMER ABOUT FORWARD-LOOKING STATEMENTS

 

This 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 of the geological event in Alagoas and related legal proceedings, as well as of 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 of the geological event in Alagoas and related legal procedures and the unprecedented impact of the COVID-19 pandemic on businesses, employees, service providers, shareholders, investors and other stakeholders of the Company can 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).