BASF Report 2021 To Our Shareholders – BASF on the Capital Market 12 BASF on the Capital Market In 2021, the stock markets were characterized by a significant recovery of the global economy. This was due in particular to the approval and increasing availability of effective coronavirus vaccines. BASF stands by its ambitious dividend policy and will propose a dividend of €3.40 per share to the Annual Shareholders’ Meeting – an increase of 10 euro cents compared with the previous year. Based on the year-end share price for 2021, BASF shares offer a high dividend yield of around 5.5%. At a glance BASF share performance positive business performance. This was due to factors such as the composition of the segments’ earnings contributions. Share price ▪ BASF share price declines 4.5% in 2021 The BASF share closed the 2021 stock market year at €61.78, a development was also negatively impacted by market expectations ▪ Assuming that dividends were reinvested, BASF’s share decrease of 4.5% compared with the previous year’s closing price regarding the future development of margins in the basic chemicals performance rose by 0.2% (€64.72). business. BASF’s share price reached an annual high of €72.61 in March Assuming that dividends were reinvested, BASF’s share perfor- 2021 before declining over the course of the year despite continued mance rose by 0.2% in 2021. The benchmark indexes of the Change in value of an investment in BASF shares in 2021 Long-term performance of BASF shares compared with indexes With dividends reinvested; indexed Average annual increase with dividends reinvested 140 140 2016–2021 –2.4% 6.7% 130 130 8.0% 12.3% 120 120 2011–2021 5.7% 110 110 10.4% 8.9% 100 100 12.1% ▪ ▪ ▪ ▪ BASF share DAX 40 EURO STOXX 50 MSCI World Chemicals 90 90 80 80 Weighting of BASF shares in important indexes as of December 31, 2021 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec DAX 40 4.0% BASF share 0.2% DAX 40 15.8% EURO STOXX 50 23.3% MSCI World Chemicals 21.7% EURO STOXX 50 1.8% MSCI World Chemicals 4.6%