Investors

Annual Shareholders’ Meeting and 1st Quarter 2015 dated April 30, 2015

Dear newsletter subscriber,

We are pleased to send you the latest edition of the Investor Relations Magazine. We publish this electronic journal four times a year immediately after the reporting dates.
You will continue to receive important press releases by e-mail as usual.

We hope that our Investor Relations Magazine makes interesting reading.

Best wishes,
Your BASF Investor Relations Team

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Annual Shareholders' Meeting 2015

On April 30 approximately 6.300 visitors attended our Annual Shareholders' Meeting in the Congress Center Rosengarten, Mannheim.
We appreciate that in total about 38% of the share capital of BASF SE was represented.
Please note the date of our next Annual Shareholders' Meeting on April 29, 2016 in Mannheim.

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Latest Publication

First-Quarter Results 2015: BASF with good quarterly results in chemicals and crop protection businesses

  • Sales €20.1 billion (plus 3%)
  • EBIT before special items €2.1 billion (minus 2%)
  • Considerable earnings increase in Chemicals, Performance Products, Functional Materials & Solutions and Agricultural Solutions
  • Significant earnings decline in Other
  • Outlook for 2015 confirmed: Slight sales increase expected, EBIT before special items likely to match level of 2014
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BASF at the stock markets

Share performance
BASF shares traded at a new record high of €94.30 on March 30, 2015; at €92.55, the price at the end of the first quarter of 2015 was 32.4% above the closing price at the end of 2014. The BASF share thus considerably outperformed both the German stock index DAX 30 and the European benchmark index DJ EURO STOXX 50, both of which grew in the same period by 22.0% and 18.2%, respectively. The global industry indexes DJ Chemicals and MSCI World Chemicals rose in the first three months of the year by 5.5% and 8.3%, respectively.

Dividend increase to €2.80 per share
We will payout a dividend of €2.80 per share for the 2014 business year. We stand by our ambitious dividend policy and pay out around €2.6 billion to our shareholders. Based on the year-end share price for 2014, BASF shares offer a high dividend yield of 4.0%. BASF is part of the DivDAX share index, which contains the 15 companies with the highest dividend yield in the DAX 30. We aim to increase our dividend each year, or at least maintain it at the previous year’s level.

Good credit ratings and solid financing

BASF has good credit ratings, especially in comparison with competitors in the chemical industry. Rating agency Moody’s last confirmed their rating of “A1/P-1 outlook stable” on October 31, 2014. Standard & Poor’s adjusted their rating of “A+/A-1” to an outlook of “negative” on April 10, 2015. This was largely due to an increase in pension provisions as a result of declining capital market interest rates. We continue to have solid financing. Since the beginning of the year, net debt increased by €121 million to around €13.8 billion.

Last Update April 30, 2015