(Commission File No. 1-14862 )

On March 26, 2015, at 3 p.m., at the Company’s offices located at Rua Lemos de Monteiro, 120, 15º andar, São Paulo/SP, CEP 05501-050, the Annual Meeting of the Board of Directors of BRASKEM S.A. was held, with the presence of the undersigned Board Members, pursuant to the signatures affixed at the end of these minutes. Due to the resignation presented by alternate Board Member Mr. Gustavo Tardin Barbosa, received by the Company on February 27, 2015, the other members appointed Mrs. Andrea Damiani Maia de Andrade to assume the vacant position, pursuant to article 23 of the Company’s Bylaws, and registered their appreciation for the dedication and contribution of the resigning member during his term of office. The Chief Executive Officer, Carlos Fadigas de Souza Filho, Officer Gustavo Valverde and Mr. Guilherme Furtado were also present. The Chairman of the Board of Directors, Mr. Marcelo Bahia Odebrecht, presided over the meeting, and Mrs. Alessandra Araripe acted as secretary. AGENDA: I) Subjects for deliberation: 1) After the due analysis of the Proposal for Deliberation (“PD”), a copy of which and related documentation have been previously forwarded to the Board Members for cognizance and will remain filed at the Company’s headquarters, pursuant to its Internal Regulations, the following proposal was approved by unanimous vote, under the terms and conditions included in the respective PD: PD.CA-BAK–04/2015 - Review of the investment amount in the petrochemical project in Mexico and granting of additional guarantee. II) Subjects for Acknowledgement: Information was given regarding the Meeting of the Finance and Investment Committee held on March 23, 2015, which reviewed and recommended the approval of the Proposal for Deliberation identified above. III) Subjects of Interest of the Company: Nothing to record. IV) Adjournment - As there were no further subject to be discussed, these minutes were drawn up, which, after read, discussed and found to be in order, are signed by all the Board Members present at the meeting, by the Chairman and by the Secretary. São Paulo, March 26, 2015. Signatures: Marcelo Bahia Odebrecht – Chairman; Alessandra Araripe – Secretary; Antonio Aparecida de Oliveira; Alfredo Lisboa Ribeiro Tellechea; Andrea Damiani Maia de Andrade; Álvaro Fernandes da Cunha Filho; Daniel Bezerra Villar; Arão Dias Tisser; Marcela Aparecida Drehmer Andrade; Newton Sergio de Souza; Patrick Horbach Fairon; Roberto Zurli Machado.

The above matches the original recorded on its own.         

Alessandra Araripe   

Secretary

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.