Business Context and Reporting Period
This Form 6-K filing by Braskem S.A. reports on an Extraordinary Meeting of the Board of Directors held on June 8, 2026. The filing documents significant corporate governance changes, including the election of new Board leadership and the appointment of a new Executive Board (Statutory Officers) following an Extraordinary Shareholders' Meeting. The document also establishes temporary delegation limits and approval thresholds for the new management team.
Key Financial Metrics and Authority Limits
The filing does not contain operational financial results (revenue, profit, cash flow) for the period. However, it defines specific financial authority limits and debt covenants for the Executive Board:
- Gross Debt Limit: The Company's gross debt limit is set at US$10.3 billion (excluding Braskem Idesa and TQPM financings).
- Individual Financing Authority: Statutory Officers may individually approve loans or financings up to US$150 million (foreign currency) or BRL 600 million (Brazilian reais).
- Collective Financing Authority: The Executive Board acting collectively may approve amounts between US$150 million and US$250 million (foreign currency) or BRL 600 million and BRL 1 billion (Brazilian reais).
- Guarantees: Individual authority for guarantees with fees is up to BRL 480 million annually per transaction.
- Non-Current Assets: 1% of Braskem's non-current assets (based on Dec 31, 2025 data) is valued at BRL 514.31 million.
Material Changes Versus Prior Period
The filing details a complete restructuring of the Company's top leadership and governance framework:
- Board Leadership: Ms. Magda Maria de Regina Chambriard was elected Chairperson, and Mr. Hélio Baptista Novaes was elected Vice-Chairperson for a two-year term.
- Executive Board Overhaul: The terms of previous Statutory Officers were terminated early. A new Executive Board was elected, including:
- Helcio Tokeshi as Chief Executive Officer (CEO).
- Carlos Augusto Machado Pereira de Almeida Brandão as Chief Financial Officer (CFO).
- Luiz Gustavo Perrotti Rossato as Chief Transformation Officer.
- Camilla Tedeschi de Toledo Tápias as Chief Legal Officer.
- Delegation of Authority: The Board approved a temporary 90-day delegation of authority to the new Statutory Officers to allow for individual decision-making on specific management acts, subject to reporting requirements.
Guidance, Outlook, Risks, and Contingencies
The filing includes a standard disclaimer regarding forward-looking statements. Management highlights specific risks and contingencies that could cause actual results to differ from expectations:
- Geological Event: Potential impact of a geological event in Alagoas and related legal proceedings.
- Pandemic Impact: Continued or unprecedented impact of COVID-19 on business operations, employees, and stakeholders.
- Reporting Requirements: The new delegation of authority requires semiannual or quarterly reports to the Board regarding organizational cost increases, guarantees, loans, and judicial settlements exceeding specific thresholds (e.g., BRL 50 million for settlements).
Investor Verification Checklist
- Verify the effective date of the new Executive Board's term of office and the execution of their respective contracts.
- Confirm the current gross debt position relative to the US$10.3 billion limit mentioned in the authority delegation.
- Monitor the 90-day temporary delegation period to determine if permanent authority limits will be established or adjusted.
- Review subsequent filings for updates on the "geological event in Alagoas" and associated legal proceedings.
- Check for the submission of required quarterly/semiannual reports to the Board regarding guarantees and financing activities under the new delegation rules.