Braskem Appoints New Advisory Committee Members Following Ownership Change

summarizeSummary

Braskem announced the composition of its new Board advisory committees, a key step in formalizing its governance structure following a major ownership change and recent financial difficulties.

check_boxKey Events · Corporate Governance and Compliance · BAK

• New Advisory Committee Members Appointed

  The Board of Directors approved the election and/or re-election of members to five statutory advisory committees, including Compliance and Audit, Strategy, Finance and Investment, People and Organization, and Safety, Environment and Health.

• Formalizes New Governance Structure

  These appointments operationalize the new governance structure following the Shareholders' Agreement between Petróleo Brasileiro S.A. – Petrobras and Shine I Fundo de Investimento, and the recent Board election.

• Financial Expert to Lead Audit Committee

  Ms. Maria Helena Pettersson, an independent external member and financial expert, was elected Coordinator of the Statutory Compliance and Audit Committee.

• Terms of Office Set

  The appointed members will serve until the first Board meeting to be held after the 2028 Annual General Meeting.

auto_awesomeAnalysis · BAK · Industrial Applications And Services

This filing details the appointment of members to Braskem's statutory advisory committees, including the Compliance and Audit, Finance and Investment, and Strategy committees. These appointments are a direct result of the new Shareholders' Agreement between Petrobras and Shine I Fundo de Investimento, and the recent election of a new Board of Directors. The formalization of these committees, particularly with a financial expert leading the Compliance and Audit Committee, is a crucial step in establishing stable governance and addressing the company's recent financial challenges and ownership transition.