BASF : Capital Markets Day 2021

Performance Chemicals

Thomas Kloster

President, Performance Chemicals division

BASF Capital Markets Day, March 26, 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.

Sustainability and digitalization drive transformation in our industries

•  Improved fuel economy and (electric and fuel cell-based) alternative powertrain concepts

•  Reduced carbon and NOx emissions

•  More stringent emissions reduction in marine transportation

•  More efficient water and land management

•  Higher recovery of ores and energy sources with lower environmental impact

•  Extended product durability and life

•  Chemical applications combined with digital technology

•  Use of digital technologies to improve efficiency

•  More digitally enabled collaboration

Performance Chemicals: Leading market position in attractive customer industries

Main applications

•  Plastics in packaging, agriculture, automotive, construction, electronics

Main products

•  Antioxidants

•  Light stabilizers

•  Customer-specific blends

Key customer examples

•  Exxon, Sabic, LyondellBasell

Main applications

Main applications

•  Transportation

•  Mineral oil

Main products

•  Mineral oil additives

•  Automotive fluids

•  Polyisobutylenes

•  Lubricant components

•  Lubricant formulations

Key customer examples

•  Lubrizol, VW, Shell

•  Mining and ore processing

Main products

Main applications

•  Oil and gas

Main products

•  Additives and agents for leaching and solvent extraction

•  Solid-liquid separation

•  Flotation

Key customer examples

•  Glencore, BHP

•  Additives and agents for drilling, stimulation, cementing, production and enhanced oil recovery

Key customer examples

•  Schlumberger, Halliburton

Main applications

•  Coatings, paper, plastics, automotive, agriculture

Main products

•  Industrial performance minerals (calcined and hydrous kaolin)

Key customer examples

•  Corning, Hansol

BASF Capital Markets Day, March 26, 2021 I Performance Chemicals 1 Percentage of the division's sales 2020