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Investor Presentaiton

2016 Braskem | Annual Report OPERATING RESULTS ABROAD Braskem's results abroad are composed of the industrial and commercial polypropylene units in the United States and Europe, and the Braskem Idesa Petrochemical Complex in Mexico. UNITED STATES AND EUROPE Due to the increased demand for polypropylene in the US and European markets during 2016, the Company recorded positive results when compared to the previous year. In the period, sales volume of polypropylene (PP) increased 2% compared to 2015, due to the better operating performance of the Company's units and increased demand, especially in Europe. The Company's net revenue reached US$ 2.6 billion, which was 3% higher than in the previous year, due to the increase in the price of PP in the US market and the increase in sales volume. In Brazilian reais, net sales revenue grew 8% due to the exchange rate appreciation during the period. BRASKEM BUSINESS STRUCTURE IN THE US AND EUROPE Braskem has six industrial plants in the US and two in Europe, with annual production capacity of 2,115 kton, of which 1,570 kton are in the United States and 545 kton in Europe. FINANCIAL OVERVIEW (US$ MILLION) UNITED STATES AND EUROPE Net Sales Revenue Cost of Goods Sold 43 4T16 (A) 3T16 (B) 4T15 (C) VAR. VAR. (A)/(B) (A)/(C) 2016 2015 (D) (E) VAR. (D)/(E) 607 636 615 (5%) (1%) 2,548 2,478 3% (472) (446) (462) 6% 2% (1,750) (2,093) (16%) Gross Income 135 190 153 (29%) (12%) 798 384 108% Gross Margin 22% 30% 25% (7,7p.p.) (27 p.p.) 31% 16% 15.8 p.p. SG&A Coft (48) (46) (37) 39 5% 31% (162) (134) 21% Other Operating Income (Expenses) (4) 0 (3) 56% (3) (2) (12%) EBITDA for the Segment 103 161 131 (36%) (22%) 695 317 120% EBITDA Margin for the Segment 17% 25% 21% (8.5 pp.) (4.5 p.p.) 27% 13% 14.6p.p. Net Sales Revenue - BRL million 1.997 2.066 2.363 (3%) (15%) 8.896 8.240 8% EBITDA for the Segment - BRL million 336 524 492 (36%) (32%) 2,461 1,110 123%
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