BASF : Exane BNP Paribas ESG Conference

Transformation with sustainable growth

Dr. Christoph Jaekel

Vice President, Corporate Sustainability

Exane BNP Paribas ESG Conference,

September 7, 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 Sept. 7, 2021 I Sustainable growth

Our commitments to reaching the Paris Climate Agreement

2030	25%
CO2 emissions
	reduction		net zero
	(compared with 2018)1	2050
		CO emissions1
			2

3

Sept. 7, 2021 I Sustainable growth

1 Scope 1 and Scope 2; 2030 target compared with 1990: 60% CO2 reduction

Leading the journey to transform the chemical industry

▪ BASF Verbund ▪ BASF data

▪ BASF expertise

▪ BASF technologies

We create chemistry for a sustainable future

4 Sept. 7, 2021 I Sustainable growth

No downstream decarbonization without upstream decarbonization

																		22
BASF greenhouse gas emissions 2018		Global GHG emissions
million metric tons per year					Scope 1+2
11															11
				Energy production								Chemical production1
5										6	9				2
		Electric power					Steam					Upstream		Downstream

Grey-to-green

Power-to-steam

New technologies Bio-based feedstocks

Continuous opex2

5

Sept. 7, 2021 I Sustainable growth

1 Includes emissions from process energy 2 Operational excellence measures