Slide 1: Earnings Conference Call 2nd Quarter 2025
EARNINGS CONFERENCE CALL 2ND QUARTER 2025 AUGUST 7, 2025
Slide 2: Disclaimer Regarding Forward-Looking Statements
2Q25 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 Resilience and Transformation Program Resilience and Transformation Program 3 | PUBLIC
Slide 4: Financial and Operational Highlights
2Q25 Financial and Operational Highlights In 2Q25, Braskem recorded Recurring EBITDA of US$74 MM, impacted by the prolonged downcycle and global trade tensions Utilization Rate Indebtedness Profile3 2Q25 vs 1Q25 74% 0 p.p. Brazil ~9 years Recurring EBITDA 68% from 2030 onwards 71% -16 p.p. Green Eth
Slide 5: Agenda
AGENDA Financial and operational highlights Financial and operational highlights Performance by segment Consolidated performance Consolidated performance Resilience and Transformation Program Resilience and Transformation Program 5 | PUBLIC
Slide 6: Performance | Brazil
2Q25 Performance | Brazil Recurring EBITDA in 2Q25 was US$152 million, 24% lower than in 1Q25, mainly due to the reduction in PE and PVC spreads 0 p.p. Recurring EBITDA Utilization Rate of (US$ million) Petrochemical Plants 71% 74% 74% -24% (% of ethylene capacity utilization) 199 7 (50) 152 2Q24 1Q
Slide 7: Performance | PE I'm green bio-based
2Q25 Performance | PE I'm greenTM bio-based The higher sold volume of bio-based resin, due to higher market demand, positively impacted the Business result The positive result of the I'm greenTM bio-based PE reinforces the Green Ethylene Utilization Rate¹ Company's Transformation journey with projec
Slide 8: Performance | USA & Europe
2Q25 Performance | USA & Europe Despite the higher sales volume, the lower contribution margin impacted the segment's results. Recurring EBITDA 0 p.p. Utilization Rate of USA (US$ million) & Europe plants 78% 74% 74% (% of PP capacity utilization) -142% 20 1 2T24 1T25¹ 2T25 (18) +7kt 500 496 503 (12
Slide 9: Performance | Mexico
2Q25 Performance | Mexico Recurring EBITDA in the Mexico segment was impacted by the general maintenance shutdown initiated in June/25, by the lower PE spreads and the lower supply of feedstock in Mexico -35 p.p. Recurring EBITDA PE Plant (US$ million) 78% 79% Utilization Rate 44% -124% (% of PE cap
Slide 10: Performance | Mexico
2Q25 Performane | Mexico Lower domestic ethane supply challenges Mexico's performance amid the petrochemical industry's downturn and high debt structure Braskem Idesa has been receiving domestic ethane below the contracted ...in a challenging scenario for the international petrochemical volume... in
Slide 11: Agenda
AGENDA Financial and operational highlights Financial and operational highlights Performance by segment Performance by segment Consolidated performance Resilience and Transformation Program Resilience and Transformation Program 11 | PUBLIC
Slide 12: Performance | Brazil - Alagoas Updates
2Q25 Performance | Brazil - Alagoas Updates The work fronts in Alagoas continued to advance as planned 1 Relocation and compensation Total Amount and Balance of Provisions1 (R$ billion) Payments made Other obligations to pay Relocation and Compensation Program (until June/25) Resident relocations: 9
Slide 13: Performance | Consolidated Cash Flow
2Q25 Performance | Consolidated Cash Flow The lower working capital consumption and the reduction in the semiannual interest payments on debt securities positively impacted the Company's cash flow compared to the first quarter Consolidated Cash Flow 2Q25 (R$ million) (106) 427 (496) (175) • Maintena
Slide 14: Performance | Liquidity and Indebtedness
2Q25 Performance | Liquidity and Indebtedness The Company's debt profile remained elongated, with around 68% of debts maturing from 2030 (ex-Braskem Idesa) Corporate Debt Profile¹ 06/30/2025 Key Indicators (US$ million) Total Cash Total Debt Principal Interest Debt linked to Sustainability² Stand by
Slide 15: Agenda
AGENDA Financial and operational highlights Financial and operational highlights Performance by segment Performance by segment Consolidated performance Consolidated performance Resilience and Transformation Program 15 | PUBLIC
Slide 16: Context: Global petrochemical outlook remains challenged
Resilience and Transformation Program Context | The outlook for the global petrochemical industry remains challenged considering the capacity additions expected through 2030 and the pace of demand growth China will continue to make significant investments in the ...reinforcing the expectation of a p
Slide 17: Context: Brazilian chemical industry structural challenges
Resilience and Transformation Program Context | In Brazil, the chemical industry, the basis for the country's production chain, faces structural challenges that put pressure on its global competitiveness The Chemical Industry is a strategic and ... But it currently operates with the highest level of
Slide 18: Pillars of action
Resilience and Transformation Program Braskem has been working on two fronts to overcome the current challenges of the international petrochemical and domestic chemical sectors while becoming more efficient and competitive Pillars of action RESILIENCE AND FINANCIAL 1 2 TRANSFORMATION HEALTH Tactical
Slide 19: Strengthening the competitiveness of the Brazilian chemical industry
Resilience and Transformation Program Strengthening the competitiveness of the Brazilian chemical industry is essential to boost 1 economic and technological development, with structuring and lasting effects on the economy Initiatives to defend the Brazilian chemical industry Examples of public poli
Slide 20: Optimizing resources and strengthening industrial competitiveness
Resilience and Transformation Program Braskem remains focused on optimizing resources and strengthening industrial competitiveness 2 through critical asset analysis OPTIMIZATION OF THE NAPHTHA-BASE Optimization of the utilization rate of the most competitive lines Rio de Janeiro's asset operating at
Slide 21: Transforma Rio
Resilience and Transformation Program In Rio de Janeiro, the Company will advance in the competitiveness of its assets, expanding its 2 gas-based capacity INCREASE OF THE GAS-BASE TRANSFORMA RIO Feasibility of projects to increase gas-based + Ethylene and PE capacity Increase of 230 thousand tons/ye
Slide 22: 2025 Priorities
2025 Priorities 1 Advance the implementation of asset transformation initiatives SAFE operations are and will always Implement contingency initiatives for the petrochemical cycle, focusing be Braskem's focus, 2 on financial preservation and cash flow being a NON-NEGOTIABLE VALUE IN OUR Promote the c
Slide 23: Q&A Earnings Conference Call
Q&A EARNINGS CONFERENCE CALL 2Q 2025 AUGUST 7, 2025 PUBLIC
Slide 24: Earnings Conference Call 2Q 2025
EARNINGS CONFERENCE CALL 2Q 2025 AUGUST 7, 2025 Investor Relations IR Website: https://www.braskem-ri.com.br/ E-mail: braskem-ri@braskem.com Phone: +55 (11) 3576-9531 PUBLIC 24 | PUBLIC