Investor Presentaiton

150 years Gas-to-propylene complex* covers internal demand at attractive conditions Propylene supply North America Methane (from shale gas) Methanol Flexible feed (NGL's, Naphtha) Q-BASF We create chemistry Cost leading gas-to-propylene technology covers supply gap from 2019 ◉ U.S. Gulf Coast location World-scale plant Start-up: 2019 Propylene Propylene (Port Arthur cracker) Acrylic acid Oxo-alcohols Polyols BASF Capital Market Story January 2015 Downstream products Project under evaluation ■ Port Arthur cracker and new ■ on-purpose propylene complex to cover entire captive propylene demand Mid-term no sales to merchant market Lower cost than alternative PDH technology 47

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