BASF : Kurt Bock elected as new chairman of the Supervisory Board of BASF SE

• Successor to Jürgen Hambrecht, who is leaving the Supervisory Board as planned

Ludwigshafen, Germany - June 18, 2020 - The Supervisory Board of BASF SE has elected Dr. Kurt Bock as the new chairman of the Supervisory Board of BASF SE. Bock had previously been elected to the Supervisory Board of BASF SE by the Annual Shareholders' Meeting as a shareholder representative. The term runs until the end of the Annual Shareholders' Meeting in 2024.

Bock succeeds Dr. Jürgen Hambrecht, who, as announced by him before his election to the Supervisory Board by the Annual Shareholders' Meeting on May 3, 2019, resigned from the Supervisory Board at the end of the Annual Shareholders' Meeting 2020 and thus left the Supervisory Board.

About BASF

At BASF, we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. More than 117,000 employees in the BASF Group work on contributing to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio is organized into six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care and Agricultural Solutions. BASF generated sales of €59 billion in 2019. BASF shares are traded on the stock exchange in Frankfurt (BAS) and as American Depositary Receipts (BASFY) in the U.S. Further information at www.basf.com.

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