BASF Investor Day Chemicals Segment - Intermediates

Intermediates: Growth business with ambitious targets Consolidated sales in billion 6 5 4 3 2 1 0 2004 2012R * 2013 2015E 2020E BASF Investor Day Chemicals segment - Intermediates, May 22, 2014 * R = restated Q-BASF The Chemical Company Targets: ■ Intermediates will continue to - - - Invest in assets close to markets Invest in innovation Optimize assets / products and business models Grow top and bottom line ■ Deliver consistent and stable EBITDA growth 26

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