Corporate Governance – Two-tier management system of BASF SE appoints the Board of Executive Directors  Transparent and effective separation of company monitors the Board of Executive Directors management and supervision advises the Board of Executive Directors  Reasonable level of diversity, reports to the Supervisory Board e.g., with respect to gender: – Board of executive directors: 33% female members – Supervisory Board: 33% female members 37 December2022 | BASF ESG Investment Story