Braskem board sets delegated authority limits for executive officers
BAK•Braskem’s board unanimously approved new executive decision-making limits at its Oct. 22, 2026, meeting, including borrowing and investment thresholds for individual and collective approval.
1. Approval thresholds
Individual executives may authorize borrowing up to $150 million for foreign-currency transactions or BRL 600 million for real-denominated transactions. Larger borrowings require collective executive approval, up to $250 million or BRL 1 billion, respectively. Individual authority covers operational or expansion investments up to BRL 140 million; higher amounts require collective approval, up to BRL 240 million.
