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January 7, 2019

Statement

BASF is aware that an employee from BASF Taiwan is under investigation by Criminal Investigation Bureau for intellectual property infringement. We have taken immediate steps to support the investigation led by local law enforcement officials and protect the relevant information.  The employee has been suspended from work.

BASF is committed to investing in, and protecting, Intellectual Property resulting from research and development as well as production know-how both by BASF and our customers. To this end we have established systems and policies which minimize risks. In light of this situation, we will further reinforce these information protection systems.

BASF encourages our employees to actively and promptly seek guidance on compliance issues if in doubt. For this, employees can consult not only their managers, but also dedicated specialist departments and company compliance officers, as well as the company’s anonymous external hotlines.

Last Update January 7, 2019