Karp resigns from the Supervisory Board of BASF SE

At the end of the Supervisory Board meeting on July 22, 2020, Dr. Alexander C. Karp, CEO Palantir Technologies Inc., resigned from his position as a member of BASF SE’s Supervisory Board for professional reasons. Karp is therefore no longer a member of the Supervisory Board of BASF SE.

A process to find a suitable new shareholder representative on the Supervisory Board has already been initiated.

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.

P-20-256

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