Braskem Furnishes Risk Management Policy

Policy scope: The framework applies to Braskem and its controlled companies in Brazil and abroad.

Board oversight: The Board annually reviews the impact and likelihood scales and Global Corporate Risk Matrix and continuously oversees prioritized risks, response plans, and contingency plans.

Committee responsibilities: The Statutory Compliance and Audit Committee reviews risk methodology and monitors risk exposure and treatment plans, while the Executive Risk Management Committee oversees strategic risks, business continuity, crisis management, and key risk indicators.

Risk standards: Braskem describes its standardized approach as aligned with ISO 31000 and COSO Enterprise Risk Management, incorporating quantitative analysis, exposure limits, and risk-response strategies.

Reporting structure: The Risk Management function sits within the Risk and Internal Controls Department and reports to the Vice President of Compliance and Audit, with periodic reporting of strategic risks and consolidated exposure to management, committees, and the Board.

Risk-owner duties: Risk Owners are responsible for treatment plans, key risk indicators, control validation, periodic technical reviews, and reporting significant changes in risk likelihood or impact.

Forward-looking scope: Braskem states that projections may include the possible effects of the geological event in Alagoas and related legal proceedings, subject to risks and uncertainties.