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.