We add value as one company

CEO Roadshow Kurt Bock BASF SE New York May 7, 2013

BASF Capital Market Story May 2013

Cautionary note regarding forward-looking statements

This presentation may contain forward-looking statements that are subject to risks and uncertainties, including those pertaining to the anticipated benefits to be realized from the proposals described herein. Forward-looking statements may include, in particular, statements about future events, future financial performance, plans, strategies, expectations, prospects, competitive environment, regulation and supply and demand. BASF has based these forward-looking statements on its views and assumptions with respect to future events and financial performance. Actual financial performance could differ materially from that projected in the forward-looking statements due to the inherent uncertainty of estimates, forecasts and projections, and financial performance may be better or worse than anticipated. Given these uncertainties, readers should not put undue reliance on any forward-looking statements. The information contained in this presentation is subject to change without notice and BASF does not undertake any duty to update the forward- looking statements, and the estimates and assumptions associated with them, except to the extent required by applicable laws and regulations.

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BASF Capital Market Story May 2013

 Chemistry as an enabler  BASF has superior growth

opportunities: - sustainable innovations - investments - emerging markets

 Ambitious financial targets

 The #1 chemical company  €72.1 billion sales, €6.6

billion EBIT bSI in 2012*  #1-3 in >75% of businesses,

present in >200 countries  6 integrated Verbund sites,

production in 41 countries

 10 years of strong sales and earnings growth

 19% average annual total shareholder return**

 16% average annual dividend increase, >3% yield in every single year***

Performance

We create chemistry for a sustainable future

Perspective

** April 2003 – March 2013 *** for 2003-2012

Ludwigshafen, Germany

Antwerp, Belgium

Nanjing, China

Kuantan, Malaysia Geismar,

USA Freeport, USA

Verbund site

Positioning

* restated numbers, reflecting IFRS 10/11 changes

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BASF Capital Market Story May 2013

BASF today – a well-balanced portfolio Total sales 2012: €72.1 billion*

Percentage of sales 2012**

** Not depicted here: ~5% of Group sales reported as ‘Other‘ * Restated numbers, reflecting IFRS 10/11 changes, new segment structure effective Jan. 1, 2013

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BASF Capital Market Story May 2013

Business review BASF Today Trends Purpose and strategic principles Targets Strategic levers BASF Tomorrow – Board priorities

BASF Strategy: We create chemistry__November 2011

Business review

BASF strategy & growth targets

Strategic levers

BASF Capital Market Story May 2013

BASF with a solid start to 2013

Business performance Q1’13 Q1’12 vs. Q1’12  Sales €19.7 billion €18.8 billion +5%  EBITDA €2.9 billion €3.3 billion (14%)  EBIT before special items €2.2 billion €2.0 billion +10%  EBIT €2.2 billion €2.6 billion (17%)  Net income €1.4 billion €1.7 billion (15%)  Reported EPS €1.57 €1.85 (15%)  Adjusted EPS €1.67 €1.54 +8%  Operating cash flow €2.0 billion €1.5 billion +33%

Sales development Period Volumes Prices Portfolio Currencies

Q1’13 vs. Q1’12 5% 1% 0% (1%)   

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BASF Capital Market Story May 2013

 Integration activities on track  Key work packages (e.g. IT, finance, human resources) proceed smoothly  Integration expected to be completed by end of 2013

Integration of Becker Underwood and Pronova BioPharma

 Water and oilfield & mining activities merged into new global business unit on April 1, 2013  Leather & textile chemicals: concentration of R&D activities at Shanghai Innovation Campus  Plastic additives and pigments businesses: downsizing of Swiss operations and R&D activities  Total net headcount reduction: about 500 positions by the end of 2015

Restructuring measures to strengthen competitiveness of Performance Products segment

Portfolio optimization

 Joint $500 million investment to build integrated aroma ingredient complex  Investment to meet globally growing demand in flavor and fragrance industry, especially in Asia

Expansion of the existing joint venture with PETRONAS in Kuantan, Malaysia

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BASF Capital Market Story May 2013

2.8 2,6

3.3 3.5 3.2

2.5

3.2

2.6

1.2

2003 2004 2005 2006 2007 2008 2009** 2010 2011 2012 Q1 2013

Strong free cash flow generation

* Cash provided by operating activities less capex (in 2005 before CTA) ** 2009 adjusted for re-classification of settlement payments for currency derivatives

Free cash flow* in billion €

3.9 3.7

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BASF Capital Market Story May 2013

Delivering attractive shareholder returns

 Dividend of €2.60 per share for 2012 (+4%)

 2003-2012: Average annual dividend increase of 16%

 Attractive dividend yield of 3.7% in 2012**

 Dividend yield above 3% in any given year since 2002, total payout almost €17 billion

* Dividend yield based on share price at year-end

Dividend payments

3.7% 3.2% 3.1% 4.1% 3.8% 7.0% 3.9%

Dividend yield* 4.6% 3.1%

2.50

0.70 0.85 1.00

1.50

1.95 1.95 1.70

2.20

2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

2.60

Dividend per share in €

3.7%

** Based on BASF share price of €71.15 on Dec. 28, 2012

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BASF Capital Market Story May 2013

 Excluding the effects of acquisitions and divestitures, we strive to increase our sales volumes in 2013

 We aim to exceed the 2012 restated levels in sales and EBIT before special items

 The expected increase in demand, together with our measures to improve operational excellence and raise efficiency, will contribute to this

 We aim to earn a high premium on cost of capital once again in 2013

Outlook 2013

 GDP: +2.4%

 Industrial production: +3.4%

 Chemical production: +3.6%

 US$ / Euro: 1.30

 Oil price (US$ / bbl): 110

Assumptions 2013

Outlook 2013 confirmed

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BASF Capital Market Story May 2013

Business review BASF Today Trends Purpose and strategic principles Targets Strategic levers BASF Tomorrow – Board priorities

BASF Strategy: We create chemistry__November 2011

Business review

BASF strategy & growth targets

Strategic levers

BASF Capital Market Story May 2013

Demographic challenges … set the stage for the future of the chemical industry

Nine billion people in 2050 but only one earth

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Resources, Environment & Climate Food & Nutrition Quality of Life

Chemistry as enabler

BASF Capital Market Story May 2013

Key financial targets 2015 / 2020

 Grow at least 2 percentage points above chemical production

 Earn a premium on cost of capital of at least €2.0 billion on average p.a.

Profitability targets Growth targets

2015

2020

 Sales ~€80 billion

 Sales ~€110 billion

 EBITDA ~€14 billion  EPS ~€7.50

 EBITDA ~€22 billion

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BASF Capital Market Story May 2013

Business review BASF Today Trends Purpose and strategic principles Targets Strategic levers BASF Tomorrow – Board priorities

BASF Strategy: We create chemistry__November 2011

Business review

BASF strategy & growth targets

Strategic levers – Portfolio development

– Market approach – Innovations for a sustainable future – Investments – Acquisitions – Operational excellence

BASF Capital Market Story May 2013

Portfolio development We expand from chemicals to chemistry

 Chemistry as key enabler for functionalized materials & solutions

 Deep understanding of customer value chains required

New molecules

Improved applications

Functionalized materials & solutions

1960 1970 1980 1990 2000 2010 2020

Batteries, membranes ...

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BASF Capital Market Story May 2013

Portfolio development Moving downstream towards customer industries

* Agriculture, Construction, Consumer Goods, Health & Nutrition, Electro