On Friday, October 16, 2026, Braskem (BRKM3, BRKM5, BRKM6) reported that, following the auction of the public tender offer (OPA) triggered by the sale of control, Shine I Fundo de Investimento em Participações Responsabilidade Limitada (FIP Shine) came to hold 226,337,472 common shares and 47,311,306 class A preferred shares of the company, equivalent to 50.11% of the voting capital and 34.33% of total capital.
In the tender offer auction, FIP Shine acquired 2,850 common shares, 17,133 class A preferred shares and no class B preferred shares issued by Braskem. As consideration for each acquired share, FIP Shine will deliver at the settlement of the auction 2 debentures (a type of debt security issued by companies) of the 1st series of the 2nd issuance of NSP Investimentos S.A. (ticker OSPI12) and 1 debenture of the 2nd series of the 2nd issuance of the same issuer (ticker OSPI22.
After settlement, 12,904,227 common shares, 221,963,345 class A preferred shares and 478,790 class B preferred shares of Braskem will remain outstanding. The remaining common shares in circulation represent less than 15% of the total of that share class.
Shareholders who did not sell their common shares in the auction may, if they wish, sell those shares to FIP Shine between October 16, 2026 and November 16, 2026, receiving the same per-share consideration offered in the tender offer, through so-called subsequent acquisitions. Only outstanding common shares may take part in these acquisitions, and the per-share consideration will not be adjusted by the Selic rate.
According to the material fact notice, detailed information on the procedures for participating in the subsequent acquisitions is set out in Section 7.3 of the tender offer prospectus. The company reiterated that it will keep the market informed of any material developments related to the matter.
