Braskem Finance and Braskem S.A. ("Braskem"), the parent company of Braskem Finance, are co-issuers of the 2014 Notes and the 2017 Notes, and Braskem is the issuer of the 2015 Notes. In connection with each tender offer, Braskem Finance is also soliciting the consents of the holders of the corresponding series of Notes to the adoption of certain amendments (the "Proposed Amendments") to the corresponding indenture or issuing and paying agency agreement governing the applicable Notes (collectively, the "Governing Debt Instruments") to eliminate substantially all of the restrictive covenants, as well as specified events of default and related provisions contained in each of the Governing Debt Instruments. With respect to each Governing Debt Instrument, the Proposed Amendments require the consent (the "Requisite Consents") of holders of a majority in aggregate principal amount of the applicable Notes outstanding (excluding any Notes held by Braskem Finance or its affiliates).