BASF (BAS) AGM 2026 summary

Opening remarks and agenda

• Meeting opened with in-person and online attendance, all Supervisory Board members present except one due to a scheduling conflict.

• Formalities included electronic voting, proxy instructions, and remembrance of deceased employees.

• Agenda and procedural details explained, including registration for speakers and electronic access to documents.

Board and executive committee updates

• Two new Executive Board members, Mary Kurian and Livio Tedeschi, appointed effective May 2026, with detailed backgrounds provided.

• Mike Heinz retires after 42 years, recognized for leadership in Agricultural Solutions and as Labor Director.

• Liming Chen steps down from the Supervisory Board, succeeded by Mark Garrett, who brings extensive industry and board experience.

Corporate governance

• Supervisory Board held six meetings in 2025, focusing on strategy, portfolio measures, and competitiveness.

• Audit Committee reviewed and approved financial statements and compensation report; no objections from auditors.

• Supervisory Board composition remained stable, with a focus on diversity and independence.