OR 15D-16 OF THE SECURITIES EXCHANGE ACT OF 1934
For the month of May, 2020
(Commission File No. 1-14862 )
Camacari, Bahia - CEP 42810-000 Brazil
Form 20-F ___X___ Form 40-F ______
in paper as permitted by Regulation S-T Rule 101(b)(1). _____
in paper as permitted by Regulation S-T Rule 101(b)(7). _____
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes ______ No ___X___
BRASKEM S.A.
Corporate Taxpayer ID (CNPJ): 42.150.391/0001-70
Company Registry (NIRE): 29.300.006.939
Publicly-Held Company
MATERIAL FACT
Braskem S.A. (“Braskem” or “Company”), in compliance with CVM Instruction 358/02 and in connection with the Material Fact notice disclosed on March 11, 2020 on the conclusion of the independent monitoring by Brazil’s Federal Prosecution Office (MPF), hereby informs its shareholders and the market that on this date the US Department of Justice (DoJ) and the Securities and Exchange Commission (SEC) confirmed the conclusion of the independent compliance monitorship at Braskem, which was established in the agreements signed by Braskem, the DoJ and the SEC on December 21, 2016 (“Agreements”). The decision of the DoJ and the SEC was based on a final report from the independent monitors, who certified that the Company implemented all the recommendations regarding the structure and execution of its compliance program and concluded that the Company meets the standards set out in the DoJ Plea agreement and the SEC consent.
With the end of the independent monitoring period and the certification by the MPF, the DoJ and the SEC, the Company has complied with its obligations established in the agreements signed with these authorities and has successfully concluded the three-year term under the Agreements.
Finally, Braskem reinforces its continuing commitment to work with ethics, integrity and transparency in all of its actions, and to enhance its general compliance and governance practices.
For more information, contact Braskem’s Investor Relations Department by calling +55 (11) 3576-9531 or sending an e-mail tobraskem-ri@braskem.com.br.
São Paulo, May 13th, 2020.
Pedro van Langendonck Teixeira de Freitas
Chief Financial and Investor Relations Officer
Braskem S.A.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date: May 13, 2020BRASKEM S.A. | |||
By: | /s/ Pedro van Langendonck Teixeira de Freitas | ||
Name: | Pedro van Langendonck Teixeira de Freitas | ||
Title: | Chief Financial Officer |
This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates offuture economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.