New Responsibilities on the BASF Board of Executive Directors as of January 1, 2019 - NEWSDESK

As of January 1, 2019, BASF will have six segments instead of four. With this new segment structure, BASF will create greater transparency regarding the management of its business activities, the importance of value chains and the role of the Verbund. Together with this organizational change, the responsibilities of the Board of Executive Directors have been reallocated.
   The new distribution of responsibilities, effective as of January 1, 2019, is as follows:
   Dr. Martin Brudermüller (57), Chairman of the Board of Executive Directors and Chief Technology Officer, Ressort I
   Legal, Taxes, Insurance & Intellectual Property; Corporate Development; Corporate Communications & Government Relations; Senior Executive Human Resources; Investor Relations; Compliance; Corporate Technology & Operational Excellence; Innovation Management
   Michael Heinz (54), Industrial Relations Director, Ressort II
   Engineering & Technical Expertise; Environmental Protection, Health & Safety; European Site & Verbund Management; Human Resources
   Dr. Hans-Ulrich Engel (59), Vice Chairman of the Board of Executive Directors and Chief Financial Officer, Ressort III
   Catalysts; Coatings; Oil & Gas; Finance; Procurement & Supply Chain Services; Digitalization & Information Services; Corporate Controlling; Corporate Audit
Dr. Markus Kamieth (48), Ressort IV
   Care Chemicals; Dispersions & Pigments; Nutrition & Health; Performance Chemicals; Advanced Materials & Systems Research; BASF New Business; Region South America
   Saori Dubourg (47), Ressort V
   Agricultural Solutions; Construction Chemicals; Bioscience Research; Region Europe
   Sanjeev Gandhi (51), Ressort VI, headquartered in Asia
   Intermediates; Petrochemicals; Greater China & Functions Asia Pacific; South & East Asia, ASEAN & Australia / New Zealand
   Wayne T. Smith (58), Ressort VII, headquartered in North America
   Monomers; Performance Materials; Process Research & Chemical Engineering; Market & Business Development, Site & Verbund Management North America; Regional Functions & Country Platforms North America
   As of January 1, 2019, the segments will each have two divisions, with the exception of the Agricultural Solutions segment, which will continue to comprise one division:
   * Chemicals
   Petrochemicals and Intermediates
   * Materials
   Performance Materials and Monomers
   * Industrial Solutions
   Dispersions & Pigments and Performance Chemicals
   * Surface Technologies
   Catalysts and Coatings
   * Nutrition & Care
   Care Chemicals and Nutrition & Health
   * Agricultural Solutions