BASF Report 2021 Management’s Report – Business Review by Segment 69 Business Review by Segment Segments: Chemicals Materials Industrial Solutions Surface Technologies Nutrition & Care Agricultural Solutions Segment overview Contributions to EBITDA by segment Million € Income from operations before depreciation and Income from operations (EBIT) Chemicals 33% Sales amortization (EBITDA) before special items Materials 28% 2021 2020 2021 2020 2021 2020 Industrial Solutions 12% Chemicals 13,579 8,071 3,764 1,237 2,974 445 Surface Technologies 11% Materials 15,214 10,736 3,162 1,556 2,418 835 Nutrition & Care 8% Industrial Solutions 8,876 7,644 1,344 1,099 1,006 822 Agricultural Solutions 12% Surface Technologies 22,659 16,659 1,243 900 800 484 Other –4% Nutrition & Care 6,442 6,019 967 1,152 497 773 Agricultural Solutions 8,162 7,660 1,358 1,582 715 970 Other 3,666 2,360 –484 –1,032 –643 –769 BASF Group 78,598 59,149 11,355 6,494 7,768 3,560 Income from operations (EBIT) Assets Investments including acquisitionsa Contributions to assets by segment 2021 2020 2021 2020 2021 2020 Chemicals 2,997 –192 10,369 7,896 1,157 871 Chemicals 12% Materials 2,345 –109 11,286 9,118 709 1,957 Materials 13% Industrial Solutions 965 630 6,302 6,402 361 331 Industrial Solutions 7% Surface Technologies 761 –587 13,769 11,691 1,469 585 Surface Technologies 16% Nutrition & Care 554 688 7,231 6,214 654 510 Nutrition & Care 8% Agricultural Solutions 696 582 15,305 14,840 347 459 Agricultural Solutions 18% Other –641 –1,203 23,121 24,131 183 156 Other 26% BASF Group 7,677 –191 87,383 80,292 4,881 4,869 a Additions to property, plant and equipment (of which from acquisitions: €332 million in 2021 and €559 million in 2020) and intangible assets (of which from acquisitions: €392 million in 2021 and €691 million in 2020)