We create chemistry for a sustainable future

ESG Engagement Meeting with ShareAction January 12, 2021

Cautionary note regarding forward-looking statements

This presentation contains forward-looking statements. These statements are based on current estimates and projections of the Board of Executive Directors and currently available information. Forward-looking statements are not guarantees of the future developments and results outlined therein. These are dependent on a number of factors; they involve various risks and uncertainties; and they are based on assumptions that may not prove to be accurate. Such risk factors include those discussed in Opportunities and Risks on pages 158 to 166 of the BASF Report 2020. BASF does not assume any obligation to update the forward-looking statements contained in this presentation above and beyond the legal requirements.

2 January 2022 | BASF ESG Investment Story

Resource efficiency - BASF's Verbund is ideal for

CO2 emission reduction

  • Combined heat and power plants and integrated energy Verbund prevented 6.2 million metric tons of CO2e emissions in 2020
  • Synergies in logistics and infrastructure, minimization of waste
  • BASF uses fossil raw materials responsibly: 75% of carbon converted to products, 25% consumed for process energy and converted to CO2 equivalents1
  • European emissions trading benchmarks show that BASF's chemical plants operate at above-average energy efficiency

3

January 2022 | BASF ESG Investment Story

1 BASF carbon mass balance calculation (2019, non-audited, without oil and gas business)

Our commitments to reaching the Paris Climate Agreement

2030

25%

CO2 emissions

reduction

net zero

(compared with 2018)1

2050

CO emissions1

2

4

NovemberJanuary 20222021| BASFI BASFESGESGInvestmentInvestmentStoryStory

1 Scope 1 and Scope 2; 2030 target compared with 1990: 60% CO reduction

2

Our path to reduce BASF emissions from 2018 to 2030

BASF greenhouse gas emissions (Scope 1 and Scope 2) 2018-2030

CO2 reduction in business as is 2018

CO2 increase from growth

Grey-to-

green

Power-

to-steam

New

25%

technologies

Bio-based

Temporary

50%

feedstocks Opex

measures

Verbund site

Growth

South China

(organic,

inorganic)

Business

as is 2018

5 January 2022 | BASF ESG Investment Story

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BASF SE published this content on 12 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 January 2022 11:30:06 UTC.