Changes in the Board of Executive Directors of BASF

After 15 successful years on the Board of Executive Directors, Dr Stefan Marcinowski, 58, will retire with the expiration of his contract following the Annual Meeting.

At the same time, the company has extended the appointment of Research Executive Director Dr Andreas Kreimeyer, 56, until the end of the Annual Meeting in May 2015. He has been a member of the Board of Executive Directors since 2003.

Following these changes, the Board of Executive Directors has decided to reassign the responsibilities of Ressort VI and VII effective at the end of the Annual Meeting. Smith will take over responsibility for Ressort VI, previously headed by Kreimeyer, and be responsible for Inorganics, Petrochemicals, Intermediates and Process Research & Chemical Engineering. Kreimeyer remains Research Executive Director and will take over responsibility for Ressort VII, previously headed by Marcinowski. He will be responsible for Crop Protection, Coatings, South America, Biological & Effect Systems Research, Plant Science and BASF Future Business.

Furthermore, Raimar Jahn, 53, will succeed Wayne T. Smith as new President of BASF’s Polyurethanes division, headquartered in Brussels, Belgium effective 1 March 2012. Jahn currently serves as head of BASF’s Coatings division.

The Supervisory Board of BASF Coatings GmbH will be asked to appoint Dr. Markus Kamieth, as successor of Jahn effective 1 March 2012. Kamieth is currently Senior Vice President, Performance Chemicals North America, located in Florham Park, NJ, USA.