Meeting attendance and independence
In the 2018 business year, meetings were held as follows:
- The Supervisory Board met five times.
- The Personnel Committee met three times.
- The Audit Committee met five times.
- The Nomination Committee met three times.
- The Strategy Committee met once.
With the exception of one Supervisory Board meeting, one Audit Committee meeting and one Personnel Committee meeting, at each of which one member was absent, all respective members attended all meetings of the Supervisory Board and its committees.
Dr. Jürgen Hambrecht
Chairman of the Supervisory Board of BASF SE
Shareholder representative
Independence: yes
Meetings |
Attendance |
|---|---|
Supervisory Board |
5/5 |
Personnel Committee |
3/3 |
Nomination Committee |
3/3 |
Strategy Committee |
1/1 |
Michael Diekmann
Vice Chairman of the Supervisory Board of BASF SE
Shareholder representative
Independence: Not independent due to BASF SE Supervisory Board membership for more than 15 years (since May 6, 2003)
Meetings |
Attendance |
|---|---|
Supervisory Board |
5/5 |
Personnel Committee |
3/3 |
Nomination Committee |
3/3 |
Strategy Committee |
1/1 |
Sinischa Horvat
Vice Chairman of the Supervisory Board of BASF SE
Employee representative
Independence: yes*
Meetings |
Attendance |
|---|---|
Supervisory Board |
5/5 |
Personnel Committee |
3/3 |
Strategy Committee |
1/1 |
Ralf-Gerd Bastian
(retired from the Supervisory Board on May 4, 2018)
Employee representative
Independence: yes*
Meetings |
Attendance |
|---|---|
Supervisory Board |
2/2 |
Audit Committee |
2/2 |
Strategy Committee |
1/1 |
Dame Alison Carnwath DBE
Shareholder representative
Independence: yes
Meetings |
Attendance |
|---|---|
Supervisory Board |
5/5 |
| Audit Committee | 5/5 |
Nomination Committee |
3/3 |
Strategy Committee |
1/1 |
Prof. Dr. François Diederich
Shareholder representative
Independence: Not independent due to BASF SE Supervisory Board membership for more than 15 years (since May 19, 1998)
Meetings |
Attendance |
|---|---|
Supervisory Board |
5/5 |
Nomination Committee |
3/3 |
Tatjana Diether
(Member of the Supervisory Board since May 4, 2018)
Employee representative
Independence: yes*
Meetings |
Attendance |
|---|---|
Supervisory Board |
3/3 |
Audit Committee |
3/3 |
Franz Fehrenbach
Shareholder representative
Independence: yes
Meetings |
Attendance |
|---|---|
Supervisory Board |
5/5 |
| Nomination Committee | 3/3 |
Audit Committee |
5/5 |
Francesco Grioli
(retired from the Supervisory Board on May 4, 2018)
Employee representative
Independence: yes*
Meetings |
Attendance |
|---|---|
Supervisory Board |
2/2 |
Waldemar Helber
(Member of the Strategy Committee since May 4, 2018)
Employee representative
Independence: yes*
Meetings |
Attendance |
|---|---|
Supervisory Board |
5/5 |
Strategy Commitee |
0/0 |
Anke Schäferkordt
Shareholder representative
Independence: yes
Meetings |
Attendance |
|---|---|
Supervisory Board |
5/5 |
Nomination Committee |
3/3 |
Denise Schellemans
Employee representative
Independence: yes*
Meetings |
Attendance |
|---|---|
Supervisory Board |
5/5 |
Roland Strasser
(Member of the Supervisory Board since May 4, 2018)
Employee representative
Independence: yes*
Meetings |
Attendance |
|---|---|
Supervisory Board |
3/3 |
Michael Vassiliadis
Employee representative
Independence: yes*
Meetings |
Attendance |
|---|---|
Supervisory Board |
4/5 |
Personnel Committee |
2/3 |
| Audit Committee | 4/5 |
Strategy Committee |
1/1 |
* BASF includes employee representatives in its assessment of independence, however, the fact of being an employee or an existing employment contract are not considered as reasons to compromise a Supervisory Board member’s independence.
