NOTICE TO THE MARKET

São Paulo, September 9th, 2021 - Braskem S.A. ('Braskem' or 'Company'), (B3: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK) the largest biopolymer producer in the world, through its subsidiary Braskem Netherlands B.V., and SCG Chemicals, one of the largest integrated petrochemical companies in Thailand and industry leader in Asia, executed today a memorandum of understanding to perform feasibility studies to jointly invest in a new bio-ethanol dehydration plant in Thailand to produce bio-ethylene and I'm green™ bio-based Polyethylene ('PE') ('Project').

In case the Project is implemented, the unit is expected to be located in Map Ta Phut, Rayong, Thailand, inside SCG Chemicals petrochemical complex and up to double the existing capacity of I'm greenTM bio-based PE. Braskem would contribute with its technology and knowhow in ethanol dehydration process and I´m green™ bio-based PE marketing expertise while SCG Chemicals would utilize its PE units and production expertise in order to manufacture the I'm green™ bio-based PE for the Project, besides contributing with its PE market knowledge in Asia.

The investment execution is subject to the conclusion of the above mentioned studies, mutual agreement of Braskem and SCG Chemicals, and approval by competent governance bodies.

This Project is aligned with the following Braskem's goals: (i) carbon neutrality by 2050, (ii) diversify and expand industrial footprint, (iii) reinforce the global leadership in biopolymers to meet clients' needs, and (iv) further develop sustainable solutions in Circular Economy.

The project also reflects SCG Chemicals' strategic business direction for 2021 towards a 'Chemicals Business for Sustainability', where the company has set the target to achieve green polymer sales volume of 200,000 tons by 2025.

Braskem will maintain its shareholders and the market informed with respect to further development of the Project.

For more information, contact Braskem's Investor Relations Department by calling +55 (11) 3576-9531 or sending an e-mail to braskem-ri@braskem.com.br.

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Braskem SA published this content on 09 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 September 2021 13:01:09 UTC.