Slide 1: Earnings Conference Call 1st Quarter 2026
EARNINGS CONFERENCE CALL 1ST QUARTER 2026 May 14, 2026
Slide 2: Disclaimer Regarding Forward-Looking Statements
1Q26 EARNINGS CONFERENCE CALL DISCLAIMER REGARDING FORWARD-LOOKING STATEMENTS This presentation may contain forward-looking statements. These statements are not historical facts and are based on the Company’s current vision and estimates of the Company’s management regarding future economic and othe
Slide 3: Agenda
AGENDA Financial and operational Highlights Performance by segment Performance by segment Consolidated performance Consolidated performance Scenario perspective Scenario perspective 2026 Priorities 2026 Priorities 3 | PUBLIC
Slide 4: 1Q26 Financial and Operational Highlights
1Q26 FINANCIAL AND OPERATIONAL HIGHLIGHTS In 1Q26, Braskem delivered stronger operating performance compared to 4Q25, reporting Recurring EBITDA of US$192 million, up 76% versus 4Q25. OPERATIONAL FINANCIAL Utilization rate 1Q26 vs. 4Q25 Recurring EBITDA Indebtedness Profile² 69% +10 p.p. Brazil 64%
Slide 5: Agenda
AGENDA Financial and operational Highlights Financial and operational Highlights Performance by segment Consolidated performance Consolidated performance Scenario perspective Scenario perspective 2026 Priorities 2026 Priorities 5 | PUBLIC
Slide 6: 1Q26 Performance | Brazil
1Q26 PERFORMANCE | BRAZIL Recurring EBITDA of US$241 million, up 69% quarter-over-quarter, driven by higher Contribution Margin and a positive impact from Other Income and Expenses Utilization Rate of Petrochemical Plants Recurring EBITDA (% of ethylene capacity utilization) (US$ millions) +10 p.p.
Slide 7: 1Q26 Performance | PE I'm Green Bio-Based
1Q26 PERFORMANCE | PE I’M GREEN BIO-BASED Green Ethylene production adjusted to the seasonal demand of the period, in line with the expected sales volume Green Ethylene Utilization Rate¹ (% of Green Ethylene capacity utilization) SELO VERDE BRASIL -3 p.p. Braskem will be the first 87% In line with t
Slide 8: 1Q26 Performance | U.S. & Europe
1Q26 PERFORMANCE | U.S. & EUROPE With production normalization following maintenance shutdowns and a higher average PP spread, Recurring EBITDA reached US$21 million in 1Q26 Utilization Rate of U.S. & European plants Recurring EBITDA (% of PP capacity utilization) (US$ millions) +8 p.p. 15 (27) Norm
Slide 9: 1Q26 Performance | Mexico
1Q26 PERFORMANCE | MEXICO Mexico’s recurring EBITDA was negative at US$15 million in 1Q26, due to lower ethane supply and import restrictions through the terminal, in line with liquidity preservation measures PE Plant Utilization Rate Recurring EBITDA (% of PE capacity utilization) (US$ millions) (9
Slide 10: Agenda
AGENDA Financial and operational Highlights Financial and operational Highlights Performance by segment Performance by segment Consolidated performance Scenario perspective Scenario perspective 2026 Priorities 2026 Priorities 10 | PUBLIC
Slide 11: Consolidated EBITDA 1Q26
CONSOLIDATED EBITDA 1Q26 Recurring EBITDA of US$192 million, up 76% quarter-over-quarter, mainly driven by a positive Contribution Margin impact during the period Recurring EBITDA 1Q26 Recurring EBITDA 1Q26 vs. 4Q25 (US$ millions) (US$ million) 53 (44) 36 (11) 56 (8) 192 109 -14% +76% 224 4Q25 Excha
Slide 12: Alagoas Updates (Mar/26)
ALAGOAS UPDATES (MAR/26) The work fronts in Alagoas continued to advance as planned Relocation and Compensation Program Total Amount and Balance of Provisions¹ Residents’ relocations: 99,9% (R$ billion) Proposals presented: 19,204 (99,9%) Accepted proposals: 19,136 (99,6%) 18,1 Paid proposals: 19,12
Slide 13: 1Q26 Performance | Consolidated Cash Flow
1Q26 PERFORMANCE | CONSOLIDATED CASH FLOW In 1Q26, recurring cash consumption is mainly explained by the negative change in working capital and interest payments on debt securities Consolidated Cash Flow 1Q26 (R$ Million) Higher Contribution Margin in the period 1,006 (3,523) Interest payments on in
Slide 14: Performance 1Q26 | Liquidity and Indebtedness
PERFORMANCE 1Q26 | LIQUIDITY AND INDEBTEDNESS Higher cash consumption in the period resulted in an increase in Adjusted Net Debt and the Company’s corporate leverage Corporate Indebtedness Profile¹ (as of 03/31/2026) Main Indicators¹ (as of 03/31/2026) (US$ million) Total Cash Total Debt Principal I
Slide 15: Agenda
AGENDA Financial and operational Highlights Financial and operational Highlights Performance by segment Performance by segment Consolidated performance Consolidated performance Scenario perspective 2026 Priorities 2026 Priorities 15 | PUBLIC
Slide 16: Global Petrochemical Scenario
GLOBAL PETROCHEMICAL SCENARIO The Middle East conflict has brought structural changes to the economy and the energy and petrochemical industries. Oil (Brent) and Naphtha (ARA) IMPACTS ON THE GLOBAL PETROCHEMICAL INDUSTRY (US$/bbl) Brent Naphtha ARA • Higher oil prices increase costs for naphtha-base
Slide 17: Global Petrochemical Scenario
GLOBAL PETROCHEMICAL SCENARIO Higher oil prices, as the Middle East conflict escalates, directly impact global industry prices and spreads Brazil U.S. & Europe Mexico Brazil Chemicals Spread¹ Brazil Resins Spread³ U.S. & Europe PP Spread⁴ PE-Ethane Mexico Spread⁵ (US$/ton) (US$/ton) (US$/ton) (US$/t
Slide 18: Agenda
AGENDA Financial and operational Highlights Financial and operational Highlights Performance by segment Performance by segment Consolidated performance Consolidated performance Scenario perspective Scenario perspective 2026 Priorities 18 | PUBLIC CONFIDENTIAL PUBLIC
Slide 19: 2026 Priorities
2026 PRIORITIES 01 Reorganize the Company's Capital Structure, enabling business continuity Implement the initiatives of the Resilience Plan for the petrochemical cycle, with a focus on preserving financial 02 liquidity 03 Advance in the implementation of the initiatives of the Transformation Plan,
Slide 20: Q&A Earnings Conference Call 1Q 2026
Q&A EARNINGS CONFERENCE CALL 1Q 2026 MAY 14, 2026 20 | PUBLIC
Slide 21: Earnings Conference Call 1st Q 2026 - Investor Relations
EARNINGS CONFERENCE CALL 1STQ 2026 MAY 14, 2026 Investor Relations IR Website: https://www.braskem-ri.com.br/ E-mail: braskem-ri@braskem.com Phone: +55 (11) 3576-9531 21 | PUBLIC CONFIDENTIAL PUBLIC