Financial Highlights - Braskem's Recurring EBITDA in 1Q23 was US$205 million[4], primarily driven by demand recovery, higher sales volume across all segments, and improved resin spreads in the international market[8] - The company maintained a strong liquidity position sufficient to cover liabilities coming due in the next ~6 years[7] - Braskem has a very long debt maturity profile, with an average term of ~14 years[7] - The corporate leverage ratio is 386x[7] Operational Highlights - The global frequency rate of accidents (CAF + SAF) was 108 (event/1MM MHW), an 8% reduction compared to 1Q22[7] - There was an increase in utilization rate across all regions compared to the previous quarter[7] - Higher sales volume was achieved in all segments compared to the previous quarter[7] - The utilization rate of petrochemical complexes in Brazil was 86% for ethylene in 1Q22, decreased to 72% in 4Q22, and recovered to 81% in 1Q23[11] Strategic Initiatives & Outlook - Expansion of current green ethylene capacity by 30% with physical progress of 94% by Mar/23[7] - A new wind power purchase agreement with Casa dos Ventos is expected to reduce 32 MM CO2e, considering this and other signed agreements[7, 62] - Braskem anticipates a stable ethylene utilization rate in Brazil, even with a pitstop in the RJ cracker during 2Q23[70] - The company expects an increase in resin sales volume in the United States and Europe due to the reduction of inventory levels in the chain in these regions[71] Geological Event in Alagoas - The total amount of provisions related to the geological event in Alagoas is R$132 billion, of which R$75 billion has already been disbursed[17, 25] - The relocation program for residents is ~99% executed as of Mar/23[25]

Financial Position - As of December 31, 2022, the company had currency options with an aggregate notional amount of US$2.1 billion (R$10.96 billion) in puts and US$1.4 billion (R$7.3 billion) in calls[1255]. - The company had R$8.3 billion (US$1.6 billion) in foreign currency-denominated cash and cash equivalents as of December 31, 2022[1257]. - U.S. dollar-denominated debt amounted to R$43.3 billion (US$8.3 billion) as of December 31, 2022, compared to R$47.8 billion (US$8.6 billion) in 2021[1264]. - The company had total loans and financings of R$47.96 billion (US$9.1 billion) as of December 31, 2022[1261]. Interest Rates - The short-term domestic CDI rate increased to 13.65% per annum as of December 31, 2022, up from 4.4% per annum in 2021[1258]. - The average interest rate for fixed-rate loans denominated in U.S. dollars was 6.1% for 2023 and 6.5% for 2024[1261]. - The average interest rate for variable-rate loans denominated in reais was 14.1% for 2023[1261]. Risk Management - The company maintains a conservative risk management policy to mitigate market risks, including foreign exchange and commodity risks[1256]. - The company does not hedge the exposure to the price of naphtha, its principal raw material, which could adversely affect financial results[1266]. - If the real depreciated by 10% against the U.S. dollar during 2022, financial expenses indexed to the dollar would have increased by R$4.3 billion[1265]. Internal Control - Management assessed the effectiveness of internal control over financial reporting as of December 31, 2022, concluding that effective controls were maintained[1275]. - There were no changes to internal control over financial reporting during the year ended December 31, 2022, that would materially affect the controls[1279]. - Remediation actions taken in 2022 addressed a material weakness reported as of December 31, 2021, and the company concluded that this weakness was remediated by December 31, 2022[1278]. - The company plans to improve hedge accounting control descriptions and provide training for personnel involved in transactional activities related to hedge accounting[1277]. Corporate Activities - The company received US$611.9 thousand from the depositary of its ADSs during the year ended December 31, 2022, for general corporate purposes[1270].

SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13A-16 OR 15D-16 OF THE SECURITIES EXCHANGE ACT OF 1934 For the month of April, 2023 (Commission File No. 1-14862 ) BRASKEM S.A. (Exact Name as Specified in its Charter) N/A (Translation of registrant's name into English) Rua Eteno, 1561, Polo Petroquimico de Camacari Camacari, Bahia - CEP 42810-000 Brazil (Address of principal executive of ices) Indicate by check mark whether the registrant ...

Braskem S.A. (NYSE:BAK) Q3 2022 Earnings Conference Call November 9, 2022 9:00 AM ET Company Participants Rosana Avolio - Director of Investor Relations, Strategic Planning and Market Intelligence Pedro Freitas - Chief Financial Officer Roberto Simões - Chief Executive Officer Conference Call Participants Pedro Soares - BTG Pactual Bruno Montanari - Morgan Stanley Leonardo Marcondes - Bank of America Merrill Lynch Vicente Falanga - Banco Bradesco BBI S.A. Luiz Carvalho - UBS Group AG Gabriel Barra - Citigro ...

Braskem SA (NYSE:BAK) Q2 2022 Earnings Conference Call August 11, 2022 1:30 PM ET Company Participants Rosana Avolio - IR Manager Pedro Freitas - CFO Danilo Garcez - Mexico CFO Conference Call Participants Guilherme Levy - Morgan Stanley Luiz Carvalho - UBS Leonardo Marcondes - Bank of America Merrill Lynch Barbara Halberstadt - JPMorgan Chase & Co. Gabriel Barra - Citigroup Operator Good afternoon, and thank you for standing by. Welcome to conference call for Braskem's Third Quarter Earnings Results Call f ...

Braskem SA (NYSE:BAK) Q1 2022 Earnings Conference Call May 12, 2022 10:00 AM ET Company Participants Rosana Avolio - IR Manager Pedro Freitas - CFO Roberto Simoes - CEO & Director Conference Call Participants Guilherme Levy - Morgan Stanley Pedro Soares - BTG Pactual Vicente Falanga - Bradesco BBI Luiz Carvalho - UBS Gabriel Barra - Citigroup Operator Good morning, and thank you for waiting. Welcome to Braskem's Q1 2022 Earnings Conference. With us today, we have Mr. Roberto Simoes, CEO; Pedro Freitas, CFO; ...

Economic Conditions - Brazil's inflation rate reached 2,708% in 1993, with recent rates of 7.1% in 2018, 7.3% in 2019, 23.1% in 2020, and 17.7% in 2021, indicating persistent inflationary pressures [138]. - Mexico's GDP growth was 2.2% in 2018, followed by declines of 0.1% and 8.2% in 2019 and 2020, respectively, before a rebound of 5.0% in 2021, highlighting economic volatility [143]. - The Mexican government has implemented austerity measures and spending cuts, which could adversely affect the economy and the company's financial condition [143]. - Political instability in Mexico may significantly impact economic policies, potentially affecting the company's operations and financial results [147]. - The Mexican economy is increasingly correlated with the U.S. economy, and adverse conditions in the U.S. could significantly impact the financial performance of the company [150]. Financial Performance and Debt - As of December 31, 2021, the company had R$46.9 million in loans subject to the CDI rate, R$590.0 million subject to the IPCA, and R$5,552.9 million subject to LIBOR, with potential fluctuations adversely affecting financial performance [138]. - Foreign currency-denominated debt represented 98.6% of the company's total indebtedness as of December 31, 2021, increasing the risk of default and liquidity issues if payments are not met [140]. - The company has a significant exposure to global financial market disruptions, which could adversely affect its financial condition [171]. - As of December 31, 2021, consolidated corporate debt was R$35,094.2 million (US$6,288.7 million) [173]. - The company is required to distribute 25% of adjusted net profit as mandatory dividends, but may suspend this distribution if financial conditions do not permit [156]. Operations and Supply Chain - The company relies on ethane supplied by Pemex TRI, and any modifications or interruptions to this supply agreement could materially affect operations and financial condition [141]. - The company sources part of its ethane feedstock from Pemex TRI, which is expected to remain the primary source until the Ethane Import Terminal is operational [153]. - Any significant damage to Pemex TRI's facilities or pipelines could materially adversely affect production volumes, net revenue, and profit margins [153]. - The Amended Ethane Supply Agreement (ESA) may be subject to interpretation differences with Pemex TRI, potentially impacting financial results [152]. - The company may face challenges in obtaining ethane of acceptable quality and quantity, which could adversely affect business operations [154]. Environmental and Sustainability Initiatives - The company invests in R&D to develop sustainable solutions, with 81% of its innovation projects focused on sustainability, including partnerships for advanced recycling and bio-based products [288]. - The company has developed a three-pronged approach to sustainability, focusing on sustainable sources, products, and solutions [304]. - The company has announced eight key global initiatives to support the transition to a circular economy, including partnerships for product development and increased investments in renewable products [305]. - The company recycles or reuses 59.1% of the solid waste generated and 22.4% of the water used in production processes [297]. - Consolidated annual expenditures on environmental control were R$857.3 million in 2021, R$537.9 million in 2020, and R$369.8 million in 2019 [293]. Production Capacity and Market Position - As of December 31, 2021, the company is the largest producer of plastics in the Americas, with a global installed capacity of 21.4 million tons per year [176]. - The Brazil Segment accounted for net revenue of R$69,494.9 million, representing 64.1% of the company's consolidated net revenue [176]. - The USA and Europe Segment generated net revenue of R$32,403.6 million, accounting for 29.9% of consolidated net revenue [176]. - The Mexico Segment contributed net revenue of R$6,506.3 million, which is 6.0% of consolidated net revenue [176]. - The company has established a strategic position in the polyolefins business across South America, North America, Europe, and Asia, aiming to reduce exposure to market cyclicality [241]. Regulatory and Compliance Issues - Changes in Brazilian tax laws could affect the taxation of dividends and interest on equity, impacting shareholder returns [158]. - The company operates under Brazilian corporate laws, which may provide fewer protections for shareholders compared to jurisdictions like the U.S. [164]. - The Brazilian Environmental Crimes Law allows fines up to R$50.0 million for corporations causing environmental damage [294]. - The company is subject to fines ranging from R$500 to R$50.0 million for lapses in environmental licenses and permits [295]. - Environmental compliance in the U.S. includes maintaining various permits related to air quality and wastewater treatment, with costs expected to increase due to regulatory requirements [299].