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Agenda

The Supervisory Board approved the Financial Statements prepared by the Board of Executive Directors and the Consolidated Financial Statements of the BASF Group on February 22, 2018. The Annual Financial Statements have thus been adopted according to Section 172 of the German Stock Corporation Act. Therefore, according to the statutory provisions, no resolution by the Annual Shareholders’ Meeting is planned for Item 1 of the Agenda. The documents specified above have been published on our website and can be accessed at www.basf.com/generalmeeting.

The Board of Executive Directors and the Supervisory Board propose to pay a dividend of €3.10 per qualifying share from the profit retained by BASF SE in the financial year 2017 in the amount of €3,129,844,171.69. If the shareholders approve this proposal, a total dividend of €2,847,283,951.40 will be payable on the 918,478,694 qualifying shares as of the date of adoption of the Financial Statements for the financial year 2017 (February 22, 2018).

The Board of Executive Directors and the Supervisory Board propose that the remaining profit retained of €282,560,220.29 be allocated to the retained earnings reserve.

In accordance with Section 58(4) of the German Stock Corporation Act, claims to dividends are payable on the third business day following the Annual Shareholders’ Meeting, in this case May 9, 2018.

The Board of Executive Directors and the Supervisory Board propose that formal approval be given to the actions of the members of the Supervisory Board of BASF SE for the financial year 2017.

The Supervisory Board and the Board of Executive Directors propose that formal approval be given to the actions of the members of the Board of Executive Directors of BASF SE for the financial year 2017.

The Supervisory Board proposes – based on the recommendation of its Audit Committee – that KPMG AG Wirtschaftsprüfungsgesellschaft, Frankfurt am Main, be appointed auditor of the Financial Statements and the Group Consolidated Financial Statements of BASF SE for the financial year 2018.

In accordance with Section 120(4) of the German Stock Corporation Act, the Annual Shareholders’ Meeting can adopt a resolution approving the compensation system for the Board of Executive Directors. The last resolution of this kind was adopted by the company’s Annual Shareholders’ Meeting on April 29, 2010. The compensation system for the Board of Executive Directors approved by the 2010 Annual Shareholders’ Meeting was changed as of January 1, 2018. Therefore, it is proposed to once again make use of the option of having the Annual Shareholders’ Meeting adopt a resolution approving the compensation system for the members of the Board of Executive Directors.

The compensation system for the members of the company’s Board of Executive Directors and the most significant changes compared to the compensation system in place until the end of 2017 are explained in the report “compensation system for members of the Board of Executive Directors as of 2018” attached to this notice.  

The Supervisory Board and Board of Executive Directors propose that the compensation system for the members of the Board of Executive Directors in effect since January 1, 2018, be approved.

Last Update March 17, 2006