Investor Presentaiton

Clear strategy for further profitable growth in E&P 150 years Q-BASF We create chemistry ☐ E&P Focus ■ Core regions ■ Limited exploration risk Long-term profitable growth Technology ■ BASF technology Verbund Enhanced oil recovery (EOR) Partnerships Strategic partnerships with regional resource holders BASF Capital Market Story January 2015 Production target of >160 million boe in 2015 53 53

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