Dear team members,

In line with our commitment to keep you updated, I wish to inform you that Odebrecht and LyondellBasell have mutually agreed to end the negotiations involving the interest held by Odebrecht in Braskem.

I would like to thank the teams at Odebrecht and Braskem for their dedication to this process.

As controlling shareholders of Braskem, we will remain focused on identifying and pursuing alternatives that add value to our interest in the company, in line with the Group’s financial stabilization strategy.

Sincerely,

Luciano Guidolin
Chief Executive Officer
Odebrecht S.A.