Well-balanced financing instruments

BASF’s liquidity position

• €2.6 billion cash and cash equivalents¹
  (as of September 30, 2024)

BASF’s financing facilities

• US$12.5 billion commercial paper program
  (for short-term debt financing)

• €20 billion debt issuance program
  (for long-term debt financing)

• €6 billion broadly syndicated backup line
  (maturing in 2029)

• CNY 40 billion syndicated bank term loan
  (maturing in 2038)

BASF’s rating target: single A rating

Current ratings²: Fitch A/F1/outlook stable, S&P A-/A-2/outlook stable, Moody’s A3/P-2/outlook stable

¹ Including marketable securities   ² Fitch: November 1, 2024; S&P: April 18, 2024; Moody’s: April 17, 2024