BASF SEÂ's (OTCQX:BASFY) Q4 2021 Earnings Conference Call February 25, 2022 5:30 AM ET Â Company Participants Stefanie Wettberg - Investor Relations Martin Brudermüller - Chairman of the Board of Executive Directors Hans Engel - Chief Financial Officer Conference Call Participants Christian Faitz - Kepler Cheuvreux Andrew Stott - UBS Matthew Yates - Bank of America Tony Jones - Redburn Mubasher Chaudhry - Citi Gunther Zechmann - Bernstein Laurent Favre - Exane BNP Paribas Peter Clark - Société Générale Jaid ...

□ · BASF 60 We create chemistry BASF Capital Market Story November 2021 Cautionary note regarding forward-looking statements This presentation contains forward-looking statements. These statements are based on current estimates and projections of the Board of Executive Directors and currently available information. Forward-looking statements are not guarantees of the future developments and results outlined therein. These are dependent on a number of factors; they involve various risks and uncertainties; an ...

Financial Data and Key Metrics Changes - BASF reported a significant increase in prices by 36% and volumes by 6% compared to Q3 2020, leading to EBIT before special items rising by approximately €1.3 billion to €1.9 billion [4][11] - EBITDA before special items increased by €1.2 billion to reach €2.8 billion, with net income amounting to €1.3 billion compared to a loss of €2.1 billion in the prior quarter [24][26] - Adjusted EPS rose to €1.56 from €0.60 in the prior year quarter [27][28] Business Line Data and Key Metrics Changes - The Chemicals, Materials, and Industrial Solutions segments contributed significantly to earnings, while the Surface Technologies segment faced challenges due to the semiconductor shortage impacting the automotive industry [5][10] - Volume growth was most pronounced in the Chemicals, Industrial Solutions, and Materials segments, with Nutrition and Care and Agricultural Solutions also showing growth [10][12] - The Agricultural Solutions segment experienced increased sales despite supply constraints, particularly in South America [19] Market Data and Key Metrics Changes - Global chemical production increased by around 4% in Q3 2021, with BASF's sales volumes growing faster than the global average [8][9] - In North America and Europe, sales volumes grew significantly compared to the prior year, while Greater China saw a slight decline due to lower automotive production [9][10] Company Strategy and Development Direction - BASF is focusing on building a global battery materials value chain and has formed a joint venture with Shanshan [22] - The company aims to implement innovative, low-emission technologies at its production sites, including a new offshore wind farm [23] - BASF is adapting to regulatory changes and market demands, particularly in relation to CO2 emissions and energy efficiency [36][68] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in solid demand across various businesses despite challenges in the automotive sector due to semiconductor shortages [40] - The company anticipates continued supply chain constraints and rising costs in raw materials, energy, and transportation [41] - For Q4 2021, BASF expects sales in the range of €76 billion to €78 billion and EBIT before special items between €7.5 billion and €8.0 billion [42][44] Other Important Information - BASF faced significant challenges due to rising natural gas prices, which have impacted production costs and operations [32][33] - The company has long-term supply contracts in place to mitigate gas price exposure, but additional costs due to higher prices are expected to be around €600 million for the first nine months of 2021 [34] Q&A Session Summary Question: What feedback is BASF receiving from automotive customers regarding production plans for 2022? - Management indicated that automotive OEMs are currently operating on a week-to-week basis regarding semiconductor availability, which affects production plans [48][50] Question: Are BASF's assets facing any logistics or supply challenges? - Management acknowledged ongoing supply chain challenges due to various factors, including natural disasters and COVID-related port closures, but emphasized that they have managed to cope without significant production shutdowns [53][56] Question: What guidance can BASF provide regarding energy costs and hedging? - Management noted that while they have incurred additional costs due to rising energy prices, they are unable to provide specific guidance for 2022 due to market volatility [61][62] Question: How is BASF responding to recent Chinese government policies on petrochemical industry closures? - Management viewed the policies as a positive development for the industry, as they may lead to a more efficient chemical production landscape in China [66][68] Question: What are BASF's expectations for cash flow and dividends for 2021? - Management expects Q4 to be a strong cash provider and confirmed that they plan to pay dividends from free cash flow for the year [109]

1 October 27, 2021 | BASF Analyst Conference Call Q3 2021 Analyst Conference Call Q3 2021 October 27, 2021 Cautionary note regarding forward-looking statements This presentation contains forward-looking statements. These statements are based on current estimates and projections of the Board of Executive Directors and currently available information. Forward-looking statements are not guarantees of the future developments and results outlined therein. These are dependent on a number of factors; they involve ...

BASF SE (OTCQX:BASFY) Q2 2021 Earnings Conference Call July 28, 2021 4:00 AM ET Company Participants Stefanie Wettberg - SVP, IR Martin Brudermuller - Chairman & CEO Hans Engel - CFO Conference Call Participants Markus Mayer - Baader-Helvea Christian Faitz - Kepler Cheuvreux Andrew Stott - UBS Matthew Yates - Bank of America Merrill Lynch Jaideep Pandya - On Field Investment Research Laurent Favre - Exane BNP Paribas Tony Jones - Redburn Charles Webb - Morgan Stanley Andreas Heine - Stifel Peter Clark - Soc ...

□·BASF We create chemistry Analyst Conference Call Q2 2021 July 28, 2021 1 July 28, 2021 | BASF Analyst Conference Call Q2 2021 Photo: Vattenfall / Jorrit Lousberg Cautionary note regarding forward-looking statements This presentation contains forward-looking statements. These statements are based on current estimates and projections of the Board of Executive Directors and currently available information. Forward-looking statements are not guarantees of the future developments and results outlined therein. ...

□·BASF We create chemistry BASF Capital Market Story Dr. Markus Kamieth Member of the Board of Executive Directors Citi Virtual Chemicals Conference May 20, 2021 Cautionary note regarding forward-looking statements This presentation contains forward-looking statements. These statements are based on current estimates and projections of the Board of Executive Directors and currently available information. Forward-looking statements are not guarantees of the future developments and results outlined therein. Th ...

BASF SE (OTCQX:BASFY) Q1 2021 Earnings Conference Call April 29, 2021 2:30 AM ET Company Participants Stefanie Wettberg - Investor Relations Martin Brudermueller - Chief Executive Officer Hans-Ulrich Engel - Chief Financial Officer Conference Call Participants Christian Faitz - Kepler Cheuvreux Thomas Wrigglesworth - Citi Gunther Zechmann - Bernstein Andrew Stott - UBS Tony Jones - Redburn Matthew Yates - Bank of America Jaideep Pandya - On Field Research Laurent Favre - Exane BNP Paribas Peter Clark - Soci ...

□·BASF We create chemistry Analyst Conference Call Q1 2021 April 29, 2021 12369 LINE II PHONE Cautionary note regarding forward-looking statements This presentation contains forward-looking statements. These statements are based on current estimates and projections of the Board of Executive Directors and currently available information. Forward-looking statements are not guarantees of the future developments and results outlined therein. These are dependent on a number of factors; they involve various risks ...

BASF SE ADR (OTCQX:BASFY) Q4 2020 Earnings Conference Call February 26, 2021 5:00 AM ET Company Participants Stefanie Wettberg - Investor Relations Martin Brudermuller - Chief Executive Officer Hans-Ulrich Engel - Chief Financial Officer Conference Call Participants Andrew Stott - UBS Christian Faitz - Kepler Cheuvreux Thomas Wrigglesworth - Citi Laurent Favre - Exane BNP Chetan Udeshi - JP Morgan Tony Jones - Redburn Markus Mayer - Baader-Helvea Matthew Yates - Bank of America Chris Counihan - Credit Suiss ...