Odebrecht S.A. and LyondellBasell have mutually decided to terminate the negotiations involving the interest held by Odebrecht in Braskem. Odebrecht would like to thank the teams at Braskem and LyondellBasell for their cooperation during this process.

Odebrecht, as the controlling shareholder of Braskem, will remain focused on identifying and pursuing alternatives that add value to its interest in the company, in line with the Group's financial stabilization strategy.