BASF finalizes executive terms: terms of two Executive Directors extended to 2030

This term adjustment involves two core executives who newly joined the BASF Executive Board in 2024. The sectors they oversee cover BASF's global production infrastructure, security and condition, European operations, the North American market, and two key chemical business lines, making them key operators in BASF's global operations and manufacturing chain implementation.

Dr. Katja Scharpwinkel: Coordinating European Site Operations and Global EHS regulation

Aged 56, Katja Scharpwinkel holds multiple key positions; she is both a member of the BASF Executive Board and the Plant Manager of the BASF Ludwigshafen Verbund site in Germany, as well as the Director of manufacturing Relations. Ludwigshafen is BASF's largest integrated chemical production base worldwide, bearing the responsibility to the Group's core chemical production capacity and the coordinated operation of the manufacturing chain.

Katja Scharpwinkel officially assumed the role of BASF Executive Director in 2024 and currently oversees three core sectors: overall regulation of European vegetation and Verbund sites, global engineering services, and the Group's entire system to ecological preservation, health, security, and condition (EHSQ). This sector immediately controls production stability across all of BASF's European operations and the implementation of global infrastructure projects, while also coordinating safe production, environmental compliance, and condition manage to the entire Group. It is a core position guaranteeing BASF's sustainable production operations. Her career began with the integration of Cognis into BASF; she has cultivated deep experience in European chemical operations to many years, possessing composite experience in plant regulation, regional coordination, and labor relations regulation.

Anup Kothari: Leading BASF in North America, Responsible to Two Core Business Sectors

The 58-year-old Anup Kothari was also appointed as a BASF Executive Director in 2024 and has served as Chairman of BASF Corporation (USA) since 2025, fully coordinating the operational regulation of BASF's North American region and facilitating business connectivity between the Group's European headquarters and the North American market.

In terms of business, Anup Kothari has full responsibility to two strategic business divisions: manufacturing Solutions and Surface Treatment Technologies. These two sectors face downstream tracks such as coatings, specialty chemicals, manufacturing additives, battery materials, and catalytic materials, covering massive downstream industries including automotive manufacturing, electronics, new energy, and manufacturing manufacturing. They are the main revenue-generating sectors to BASF serving high-end manufacturing in North America and globally. Anup Kothari has a career of nearly 30 years with BASF, with work足迹 across the United States, Germany, China, and other regions, spanning sales, strategy, and business regulation lines, possessing profound experience in global manufacturing operations.

Behind the regulation Renewal: Consolidating Medium-to-prolonged Operational Stability

The Supervisory Board's decision to extend the terms this time is a key implementation of the Group's prolonged executive team planning. while the two executives have not been in their roles to long, the strategic weight of the businesses they oversee is high. Locking in regulation stability to the coming years through these renewals will help BASF advance the implementation of medium-to-prolonged projects such as the upgrading of the European Verbund sites, global factory security and low-carbon transformations, the expansion of new energy chemical businesses in North America, and the global implementation of surface materials.

Information disclosed by BASF indicates that the Group consistently adheres to an executive selection logic focused on internal cultivation. This renewal further consolidates the tenure of executives with hands-on frontline business experience, aligning with the asset-heavy and long-cycle investment environment of the chemical sector, and ensuring the coherent execution of strategies such as the company's environmentally friendly transformation and global supply chain layout.

BASF is headquartered in Ludwigshafen, Germany, and is a globally leading integrated chemical company with operations worldwide, covering chemicals, new materials, manufacturing solutions, surface technologies, nutrition, and care, among other fields. This adjustment to executive terms involves no accompanying changes to the business structure, and the existing division of responsibilities and authority to the two individuals remains unchanged.