• Braskem remained without a restructuring agreement on October 24, 2026; neither side's proposal had been accepted.
• Negotiations will continue toward an October 30, 2026 deadline for a restructuring milestone.
• Investors proposed a USD 1.85 billion backstop for a USD 2.25 billion equity offering, versus the company's USD 1.2 billion backstop.
• The investor proposal calls for USD 1.85 billion in upfront debt-to-equity conversion, versus approximately USD 2.8 billion under the company's proposal.
• Investors require all shareholder equity funding at closing, rejecting deferred disbursement and contingent equity contributions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Braskem SA published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001292814-26-005004), on October 26, 2026, and is solely responsible for the information contained therein.