Integrated Report 2020

Braskem INTEGRATED REPORT 2020 STRATEGIC PLANNING A MESSAGE FROM THE BUSINESS LEADER BRASKEM CAPITAL PERFORMANCE ABOUT THE REPORT CREDITS ŵ < 28 > Brazil, provided basic food baskets for 1,200 families that work in recycling cooperatives and we supported the government of Alagoas in the construction of the field hospital urgently needed to save lives during the pandemic. Also in Alagoas, in April, in partnership with the state government, we opened a screening center to assist patients with flu symptoms and thus help relieve public hospitals during the pandemic peaks. The second action front focused on supporting society in general: we worked together with our chain to enable the production of masks, face shields and other hospi- tal and sanitary products. The thermoplastic resin we donated helped produce at least 60 million masks and at least 1 million aprons, helping to ensure the safety of health professionals and workers fighting COVID-19. In Europe, we donated 150,000 mask strips to more than 2,500 health institutes. Altogether, we implemented 88 donation projects to combat COVID-19. + Find out more about our actions against COVID-19 here. RELIABILITY OF OPERATIONS In terms of reliability of operations, the utilization rates of our plants in Brazil and the United States were tem- porarily reduced responding to slack demand given the slumping world economy and initiatives to reduce inventories along the petrochemical production chain. Production planning considered stock levels along the value chain, scheduled maintenance shutdowns, pri- ority products with greater demand in the pandemic and the allocation of co-products to specific markets and enabled us to honor our commitment to supply our customers with reliable operations, leveraging synergies between our global units to meet the needs of society. CASH PRESERVATION Aiming to protect our finances and the resilience of our business in a scenario of uncertainties, we adopted a series of measures to preserve our cash reserves. As a preventive measure, we withdrew US$ 1 billion from our Revolving Credit Facility in May 2020 so we could pro- vide financial support to our chain during the economic contraction. We also committed to reducing invest- ments and fixed costs, and optimized working capital with relevant suppliers. NORMALIZED OPERATIONS As lockdowns lifted in a number of countries and the global economy regained some strength, demand for chemicals and thermoplastic resins also recovered. Thus, the utili- zation levels of our petrochemical hubs in Brazil and our industrial units in the USA returned to normal levels in June 2020. Our global sales followed suit, with a quarterly record in Brazil in the third quarter. With operations and sales back to normal, we pre-paid our revolving credit facility in July 2020. Health and Safety remained a priority, and our members and third parties are still working from home and/or rotat- ing shifts in certain cases until the COVID-19 transmission rates show considerable improvement, at which point we will follow the return plan defined by the company. 弱 Resin donated by Braskem in 2020 enabled the production of 60 million masks and 1 million aprons

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