What does the 60-day court-ordered pause granted to Braskem cover, and what does it explicitly exclude?

The 60-day precautionary injunctive relief granted to Braskem S.A. (NYSE: BAK) by a Judicial Reorganization Court in São Paulo temporarily halts enforcement actions and asset attachments by certain financial creditors who are engaged in a mediation process. The company explicitly clarified that this court protection is strictly financial in nature and does not affect its obligations to suppliers, customers, or other stakeholders — all of which remain active and continue to be fulfilled in the ordinary course of business.

How does Braskem plan to communicate the details and progress of this court decision to the public and investors?

Braskem stated that it plans to release the full text of the court’s decision and will keep the market informed of further developments related to the judicial reorganization process and the ongoing mediation with financial creditors.

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Court grants Braskem (NYSE: BAK) 60-day pause on certain creditor claims

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Braskem S.A. secured a 60-day judicial injunction in São Paulo halting creditor enforcement actions during mediation. The company states operational obligations to suppliers and customers remain unaffected.

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