Core Points - BASF Group's agricultural solutions business will be listed on the Frankfurt Stock Exchange as a European company (Societas Europaea, SE) with the stock code SE, marking a key step in its "Winning Path" strategy aimed at achieving independent listing by 2027 [1] - The management committee for the newly established agricultural solutions company will be led by Dr. Livio Tedeschi, who will oversee the business transformation and prepare for the initial public offering (IPO) [2] - BASF aims to retain controlling interest post-IPO, benefiting from the growth and success of the agricultural solutions business while implementing a governance structure in line with market practices [2] Management Structure and Leadership - The management committee will consist of four members starting May 1, 2026, with Dr. Livio Tedeschi as the chairman, who is currently the president of BASF Agricultural Solutions [3] - Other committee members include Sascha Bieber as CFO, Maximilian Becker responsible for business operations, and Dr. Melanie Pausten-Wiens overseeing technical affairs [4] Business Vision and Transformation Plans - Dr. Tedeschi emphasized the commitment to innovation in agriculture, integrating crop protection, seeds and traits, digital agriculture, and sustainable solutions to meet evolving customer needs [5] - The agricultural solutions business is currently being separated from the BASF Group into an independent legal entity, with the North American split already completed and the rest expected by early 2027 [5] Future Strategic Direction - The agricultural solutions company aims to provide market-oriented innovative products for major crop growers, with strategic goals to become a top three player in seeds and traits, expand digital and sustainable business models, and consolidate its leadership in the crop protection market [6]