PRESS RELEASE

Braskem: no proposal was received for shares owned by Odebrecht

By
Thursday, May 24, 2018

Press Release by

Braskem

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São Paulo, May 24, 2018 - Braskem S.A. ("Braskem" or the "Company"), in compliance with the provisions of CVM Instruction 358/02, informs to its shareholders and the market that, in light of the news published in the Brazilian media regarding a purported proposal of LyondellBasell for the acquisition of Braskem´s control, Braskem requested information from its controlling shareholder, Odebrecht S.A., who reported that no proposal was received for its shares in the Company and that Odebrecht continues to work on alternatives to add value to Braskem and all of its shareholders, reaffirming its intention to maintain a presence in the petrochemical sector.

More information can be obtained from the Investor Relations Department by calling +55 (11) 3576-9531 or sending an e-mail to braskem-ri@braskem.com.br.