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Meeting attendance and independence

In the 2021 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 twice.
  • The Strategy Committee did not meet.

All members attended all meetings of the Supervisory Board. The meetings of the Supervisory Board committees were also attended by all relevant committee members.

Due to the coronavirus pandemic, the meetings of the Supervisory Board and its committees in the 2021 business year were held in accordance with appropriate safety measures and in compliance with restrictions on assembly and travel as per the applicable infection prevention laws. They took place as in-person meetings with the additional option of virtual attendance via electronic communication.

Meeting attendance of Supervisory Board members in Supervisory Board and Committee meetings of BASF SE in 2021 and assessment of independence 1

Dr. Kurt Bock

Chairman of the Supervisory Board

Shareholder representative

Independence: yes

Meetings

Attendance

Supervisory Board

5/5

Personnel Committee

3/3

Nomination Committee

2/2

Strategy Committee

0/0

Franz Fehrenbach

Vice Chairman of the Supervisory Board

Shareholder representative

Independence: not independent due to BASF SE Supervisory Board membership for more than 12 years (since January 14, 2008) 

Meetings

Attendance

Supervisory Board

5/5

Personnel Committee 3/3

Nomination Committee

2/2

Strategy Committee 0/0

Sinischa Horvat

Vice Chairman of the Supervisory Board

Employee representative

Independence: yes*

Meetings

Attendance

Supervisory Board

5/5

Personnel Committee

3/3

Strategy Committee

0/0

Prof. Dr. Thomas Carell

Shareholder representative

Independence: yes

Meetings

Attendance

Supervisory Board

5/5

Nomination Committee

2/2

Dame Alison Carnwath DBE

Shareholder representative

Independence: yes

Meetings

Attendance

Supervisory Board

5/5

Audit Committee

5/5

Nomination Committee

2/2

Strategy Committee

0/0

Liming Chen

Shareholder representative

Independence: yes

Meetings

Attendance

Supervisory Board

5/5

Nomination Committee

2/2

Tatjana Diether

Employee representative

Independence: yes*

Meetings

Attendance

Supervisory Board

5/5

Audit Committee

5/5

Waldemar Helber

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

Audit Committee 5/5

Nomination Committee

2/2

Denise Schellemans

Employee representative

Independence: not independent due to BASF SE Supervisory Board membership for more than 12 years (since January 14, 2008) *

Meetings

Attendance

Supervisory Board

5/5

Roland Strasser

Employee representative

Independence: yes*

Meetings

Attendance

Supervisory Board

5/5

Michael Vassiliadis

Employee representative

Independence: not independent due to BASF SE Supervisory Board membership for more than 12 years (since August 1, 2004) *

Meetings

Attendance

Supervisory Board

5/5

Personnel Committee

3/3

Audit Committee

5/5

Strategy Committee

0/0

1 For the criteria applied to assess the Supervisory Board members‘ independence, see BASF Report 2021

* 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.

Last Update February 25, 2022