From a linear to a more circular economy TM – BASF contribution: ChemCycling Close the loop  Investments in Quantafuel (pyrolysis of mixed Plastic waste and plastic waste) and Pyrum (pyrolysis of end-of-life end-of-life tires are tires); uptake supply agreements with both companies TM converted into liquid ChemCycling  Agreement with New Energy for uptake of feedstock and fed into + can handle mixed pyrolysis oil derived from end-of-life tires and for a BASF’s value chains plastic waste joint feasibility study for adaption of technology to other + produces virgin- plastic waste streams grade materials  Agreement with ARCUS on uptake of pyrolysis oil + replaces virgin from mixed plastic waste fossil resources + CO emissions 2 1 Landfill Incineration prevented Linear economy Littering Mechanical recycling 25 December2022 | BASF ESG Investment Story 1 Compared to conventional plastic production and incineration of plastic waste