Transformation requires a broad technology portfolio Carbon Low-PCF Circular Management Bio-based Economy Ccycled™ CO avoidance potential per megawatt hour Target: We aim at doubling our circular 2 of electrical energy used (metric tons of CO /MWh) sales to reach €17 billion by 2030 2  Methane pyrolysis ~0.9 Focus on closing the loops  Heat pumps ~0.6-1.0  Renewable-based feedstocks  eDrive NH ~0.7  Recycled-based feedstocks 3  Enable recyclability and/or  eFurnace ~0.2 biodegradability  Water electrolysis ~0.2 26 December2022 | BASF ESG Investment Story