Corporate GovernanceJun 9, 2026, 09:01 AM
Braskem Updates Bylaws, Details Corporate Governance Structure
AI Summary
BRASKEM S.A. filed an update to its bylaws, outlining the company's foundational governance framework. The updated bylaws detail the company's objectives, capital structure, and shareholder rights, including provisions for common and preferred shares, authorized capital, and tag-along rights. It also specifies the composition and responsibilities of its permanent bodies, such as the General Meeting and the Board of Directors, which includes 11 members and several advisory committees.
Key Highlights
- Bylaws updated to detail corporate governance structure, shareholder rights, and company objectives.
- Share capital is R$ 8,043,222,080.50, divided into 797,207,834 shares (common, Class A and B preferred).
- Company is authorized to increase capital stock up to 1,152,937,970 shares.
- All shares are entitled to tag-along rights at the same price paid to disposing shareholders in a change of control.
- Board of Directors comprises 11 effective members, including 3 independent directors, serving two-year terms.
- Established permanent advisory committees for Finance, Strategy, People, Safety, Environment and Health (SHE), and Statutory Compliance and Audit.
Price Impact
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