BASF Report 2025

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Management and Supervisory Boards

The content of this section is not part of the statutory audit of the annual financial statements but has undergone a separate limited assurance by our auditor.

The content of this section is voluntary, unaudited information, which was critically read by the auditor.

ESRS-Kennzeichnung:

Board of Executive Directors

There were six members on the Board of Executive Directors as of December 31, 2025. On July 24, 2025, the Supervisory Board extended the appointment of Chief Financial Officer Dr. Dirk Elvermann and Board member Dr. Stephan Kothrade, which will expire at the end of the 2026 Annual Shareholders’ Meeting, until the end of the 2031 Annual Shareholders’ Meeting and the 2028 Annual Shareholders’ Meeting. As part of long-term succession planning, the Supervisory Board also appointed Dr. Mary Kurian and Dr. Livio Tedeschi as new members of the Board of Executive Directors on October 28, 2025, effective as of May 1, 2026. The mandate on the Board of Executive Directors of Michael Heinz will end as planned at the end of the Annual Shareholders’ Meeting on April 30, 2026.

Board of Executive Directors responsibilities

 

Responsibilities
(2025 business year)

First appointed

Term expires

Supervisory board mandates within the meaning of section 100(2) of the German Stock Corporation Act (AktG)

Comparable German and non-German supervisory bodies

Dr. Markus Kamieth
Chairman of the Board of Executive Directors
Degree: Chemistry
Year born: 1970
Nationality: German
27 years at BASF

Corporate Development; Corporate Legal, Compliance & Insurance; Corporate Human Resources; Corporate Communications & Government Relations; Corporate Investor Relations

2017

2029

Dr. Dirk Elvermann
Degree: Law
Year born: 1971
Nationality: German
23 years at BASF

Corporate Finance; Corporate Audit; Corporate Taxes & Duties; Global Business Services; Global Digital Services; Global Procurement

2023

2031

Harbour Energy plca (Nonexecutive Director)

Michael Heinz
Degree: MBA
Year born: 1964
Nationality: German
42 years at BASF

Care Chemicals; Nutrition & Health; Agricultural Solutions; Region South America

2011

2026

Anup Kothari
Degrees: Chemical engineering, MBA
Year born: 1968
Nationality: US-American
27 years at BASF

Dispersions & Resins; Performance Chemicals; Coatings; Battery Materials; Environmental Catalyst & Metal Solutions; Region North America

2024

2027

Dr. Stephan Kothrade
Degree: Chemistry
Year born: 1967
Nationality: German
31 years at BASF

Petrochemicals; Intermediates; Performance Materials; Monomers; Group Research; Greater China; South & East Asia, ASEAN & Australia/New Zealand; Mega Projects Asia

2023

2028

Dr. Katja Scharpwinkel
Degree: Chemistry
Year born: 1969
Nationality: German
15 years at BASF

European Site & Verbund Management; Global Engineering Services; Corporate Environmental Protection, Health, Safety & Quality; Region Europe, Middle East, Africa

2024

2027

 

BASF Antwerpen N.V. (Chairwoman of the Supervisory Board)

a

Publicly listed

Supervisory Board

In accordance with the Statutes, the Supervisory Board of BASF SE comprises 12 members. The term of office of the Supervisory Board commenced following the Annual Shareholders’ Meeting on April 25, 2024, in which the shareholder representatives on the Supervisory Board were elected. In accordance with the applicable article of the Statutes as of the date of the election, it terminates upon conclusion of the Annual Shareholders’ Meeting that resolves on the discharge of members of the Supervisory Board for the third complete business year after the term of office commenced; this is the Annual Shareholders’ Meeting on April 28, 2028. At its meeting on November 30, 2023, the BASF Europa Betriebsrat (BASF Works Council Europe) unanimously reelected the six employee representatives on the Supervisory Board for the term of office beginning at the end of the Annual Shareholders’ Meeting on April 25, 2024. The Supervisory Board comprises the following members (as of February 23, 2026):

Supervisory Board memberships

 

Member of the Supervisory Board since

Memberships of statutory supervisory boards in Germany

Memberships of comparable domestic and foreign supervisory bodies of commercial enterprises

Dr. Kurt Bock, Heidelberg, Germanya,b
Chairman of the Supervisory Board of BASF SE
Former Chairman of the Board of Executive Directors of BASF SE (until May 2018)

June 18, 2020

Bayerische Motoren Werke Aktiengesellschaftd (Vice Chairman, Chairman of the Audit Committee, member of the Personnel and Nomination Committees)

Prof. Dr. Stefan Asenkerschbaumer, Stuttgart, Germanya,b
Vice Chairman of the Supervisory Board of BASF SE
Managing partner, Robert Bosch Industrietreuhand KG (RBIK)
Chairman of the Supervisory Board of Robert Bosch GmbH

April 29, 2022

Robert Bosch GmbHe  (Chairman)

Stadler Rail AGd (independent, nonexecutive member of the Board of Directors)

Sinischa Horvat, Maxdorf, Germanya,c
Vice Chairman of the Supervisory Board of BASF SE
Chairman of the Works Council of BASF SE, Ludwigshafen site, of the BASF Group Works Council, and of the BASF Works Council Europe

May 12, 2017

Prof. Dr. Thomas Carell, Munich, Germanya,b
Professor of Organic Chemistry at Ludwig-Maximilians-University Munich

May 3, 2019

Liming Chen, Beijing, Chinaa,b
Nonexecutive independent Board member of ACWA Power Company SJSC

October 8, 2020

ACWA Power Company SJSCd (nonexecutive independent Board member since January 5, 2025)

Tatjana Diether, Limburgerhof, Germanya,c
Deputy Chairwoman of the Works Council of BASF SE, Ludwigshafen site, and member of the BASF Group Works Council

May 4, 2018

Alessandra Genco, Rome, Italya,b
Former Chief Financial Officer of Leonardo SpA (until November 2025)

April 29, 2022

Elettronica SpAe (controlled interest of Leonardo SpA; member until May 21, 2025); Leonardo Global Solutions SpAe (controlled interest of Leonardo SpA; member from May 20, 2025 to November 30, 2025)

André Matta, Großkarlbach, Germanya,c
Member of the Works Council of BASF SE, Ludwigshafen site

April 29, 2022

Natalie Mühlenfeld, Düsseldorf, Germanya,c
District Manager IGBCE Cologne/Bonn

April 29, 2022

3M Deutschland GmbHe (member until August 31, 2025); Solventum Germany GmbHe (member); Henkel AG & Co. KGaAd (member since January 31, 2025)

Michael Vassiliadis, Hannover, Germanyc
Chairman of the IGBCE

August 1, 2004

Steag GmbHe (Vice Chairman); RAG Aktiengesellschafte (Vice Chairman); RWE AGd (Vice Chairman since April 30, 2025); Henkel AG & Co. KGaAd (member); Vivawest GmbHe (member)

Tamara Weinert, Mannheim, Germanya,b
Former President and Chief Executive Officer of the Business Area Americas and member of the Leadership Team of Outokumpu Corporation (until October 2025)

April 25, 2024

Peter Zaman, Antwerp, Belgiuma,c
Secretary of the Works Council of BASF Antwerpen N.V.

April 29, 2022

a

Classified by the Supervisory Board as an “independent” member of the Supervisory Board (see Independence for the criteria used to determine independence)

b

Shareholder representative

c

Employee representative

d

Publicly listed

e

Not publicly listed

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