Braskem is entering an important new phase in the renewal of its governance with the inclusion of IG4 in its management structure, bringing together complementary strengths: on one side, IG4's experience in restructuring and managing complex assets; on the other, Petrobras' more active participation, supported by its technical expertise in developing Brazil's petrochemical industry.

"The partnership between the companies reflects a new phase for Braskem. By overcoming current challenges, it will help preserve the company's strategic relevance to the chemical and petrochemical value chain while continuing to contribute to the development of industry and the communities where it operates," said Hélcio Tokeshi, who assumes the role of CEO of Braskem.

This partnership expands Braskem's execution capabilities at a time of increased pressure on the sector while supporting a structured process of financial reorganization and operational adjustment in a more competitive environment.

"Our focus is now on execution: reorganizing the financial structure, improving operational efficiency while preserving liquidity, and optimizing cash generation. This will be a joint effort with Petrobras and IG4, fully focused on the company's development," said the CEO.

The change comes at a challenging moment for the chemical and petrochemical industry, characterized by greater volatility, pressure on margins, and increasing global competition. In this context, the company is beginning a process to review and strengthen its long-term strategy.

"We will move forward with a disciplined review of our strategy and capital allocation, prioritizing initiatives with clear returns. At the same time, we are advancing a structured agenda to address the company's financial position, maintaining dialogue with financial stakeholders to optimize our capital structure," added Hélcio.

New Executive Leadership

As part of this new phase, Braskem will have an executive leadership team with experience in turnaround management, finance, and business transformation:

• Camilla Tápias, Vice President of Legal and Institutional Relations - Executive with more than 25 years of experience in regulation, complex negotiations, and institutional relations, with a solid track record at the Telefónica Group.
• Carlos Brandão, CFO - Partner at IG4 Capital and former CFO of Oi, where he led one of Latin America's largest debt restructuring processes. He has more than 25 years of experience in Finance and Operations, including mergers and acquisitions, debt restructuring, and strategic planning.
• Carlos Plachta, Global Vice President of Logistics, Commercial and Market Affairs - Executive with more than 20 years of experience managing projects and leading commercial, financial, cost management, and turnaround initiatives. He previously served as an independent member of Braskem's Board of Directors.
• Hélcio Tokeshi, CEO - Partner at IG4 Capital, with 35 years of experience in both the public and private sectors, particularly in turnaround projects and the management of complex assets. He previously served as CEO of Corredor Logística e Infraestrutura (CLI) and Secretary of Finance for the State of São Paulo.
• Luiz Rossato, Vice President of Transformation - Executive with experience in strategy, M&A, and corporate transformation. He has held C-level positions for more than 14 years at companies such as Atvos and Via, leading growth and restructuring initiatives across different markets.
• Márcio Pitzer, Vice President of Compliance and Audit - Executive who remains with the company, bringing more than 25 years of experience in Audit, Compliance, and Risk Management, including previous roles at Oi and Fininvest Administradora de Cartões.
• Nir Lander, Vice President of Corporate Affairs - Executive with 25 years of experience across multiple industries, including positions at Oi and Ocyan. He remains at Braskem leading the People area, among other responsibilities, with a focus on corporate management.
• Raphael Franco de Campos, Global Vice President of Operations - Executive with more than 20 years of experience in the oil and gas industry, particularly in Petrobras' refining operations.

It is important to note that Braskem continues to operate normally and remains committed to its legal, regulatory, safety, and socio-environmental obligations, as well as to maintaining relationships with customers, suppliers, communities, and authorities.