(Commission File No. 1-14862 )

On April 7, 2016, at 12:00 p.m., at the Company’s office located at Rua Lemos de Monteiro, n° 120, 15º andar, São Paulo/SP, CEP 05501-050, an Ordinary Meeting of the Board of Directors of BRASKEM S.A. was held with the presence of the undersigned Board Members, as per the signatures placed at the end of these minutes. Board Member Marcela Aparecida Drehmer was absent, with due justification, and was replaced by her Alternate. The Chief Executive Officer, Carlos Fadigas, and officers Gustavo Valverde, Pedro Freitas, Marcelo Cerqueira, Luciano Guidolin and Marcelo Arantes de Carvalho, and also Messrs. Edison Terra, Antônio Queiroz, Roberto Bischoff and Guilherme Furtado were present. The Chairman of the Board of Directors, Mr. Newton Sergio de Souza, presided over the meeting, and Mrs. Marcella Menezes Fagundes acted as secretary. AGENDA: I) Subject for deliberation:  1) PROPOSAL FOR DELIBERATION: After due analysis of the Proposal for Deliberation (“PD”), a copy and related documentation of which were previously forwarded to the Board Members for cognizance, pursuant to the Internal Regulations thereof, and shall remain duly filed at the Company’s headquarters, the following resolution was approved by unanimous vote of the attendees, under the terms and conditions set out in the respective PD: PD.CA/BAK-02/2016 – Granting of Guarantee in favor of Idesa Group, for the creation of a reserve account for the debt service of the Ethylene XXI Project [Projeto Etileno XXI]. II) Subjects for Acknowledgment: the following reports/presentations were delivered by the respective responsible persons on the following themes: a) Safety, Health and Environment; b) Ethylene XXI Project; c) Welfare Plans; d) View Project [Projeto View]; e) February/2016 Results; f) Changes to the composition of the Board of Directors’ Support Committees, which shall now be composed according to an instrument presented to and initialed by the Board Members; and g) Meeting of the People and Organization Committee, held on March 4, 2016.  

The above matches the original recorded in the proper book.

Marcella Menezes Fagundes

Secretary

Headquarters -Factory: Camaçari/BA - Rua Eteno, 1561, Polo Petroquímico de Camaçari - CEP 42810-000 – Phone (71) 3413-1000

Offices: Salvador/BA - Avenida Antônio Carlos Magalhães, 3.244, 21º andar, Caminho das Árvores, CEP: 41.820-000 – Phone (71)  3504-7932

São Paulo/SP – Rua Lemos de Monteiro, 120, 22º andar, São Paulo/SP, CEP 05501-050 – Phone (11) 3576-9000 – Fax (11) 3023-0892

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.