Slide 1: Virtual Deep Dive: BASF's Zhanjiang Verbund site
Virtual Deep Dive: BASF’s Zhanjiang Verbund site June 8, 2026 1 June 8, 2026 | Virtual Deep Dive: BASF’s Zhanjiang Verbund site
Slide 2: Cautionary note regarding forward-looking statements
Cautionary note regarding forward-looking statements This presentation contains forward-looking statements. These statements are based on current estimates and projections of the Board of Executive Directors and currently available information. Forward-looking statements are not guarantees of the fu
Slide 3: BASF in Greater China: Strong presence with proven profitable growth track record
BASF in Greater China: Strong presence with proven profitable growth track record Greater China CAGR 2015–2025 Key BASF figures2 in Greater China BASF’s volume growth1 6% Number of major wholly-owned companies 28 EBITDA3 before Number of major special items growth 11% joint ventures 12 Nanjing Numbe
Slide 4: China is the major growth driver for global chemical production
China is the major growth driver for global chemical production: ~75% of absolute growth will come from Greater China by 2030 Real chemical production1 Greater China’s share of Greater China remains a strong growth Trillion $, CAGR % global growth 2025–2030 driver, dominating global growth 6.5 5.7 2
Slide 5: Absolute growth of the chemical market in China nearly three times higher than rest of world
The absolute growth of the chemical market in China is expected to be nearly three times higher than in the rest of the world Absolute growth of chemical market 2025–20301 Billion $ North America EMEA Greater China 30 75 South America Asia Pacific (excl. Greater China) 16 92 Source: BASF, 1 Real che
Slide 6: China's 15th five-year plan creates a favorable framework for BASF
China’s 15th five-year plan creates a favorable framework for BASF Moderate GDP Green BASF is well positioned to capture growth target transformation growth opportunities in China of 4.5% to 5% becomes binding ▪ Local scale, cost competitiveness and Five-year plan: innovation strength foster long-te
Slide 7: Guangdong province is home to key customers from fast-growing industries
Guangdong province is home to key customers from fast-growing industries CAGR 2016–2025 Market characteristics5 % per year ▪ Nearly 128 million residents in Strongly growing Large chemical Guangdong province (2025) industrial base1 production2 Billion $ 2025 Billion $ 2025 ▪ GDP Guangdong (2025): ~$
Slide 8: Zhanjiang offers excellent geographical advantages
Zhanjiang offers excellent geographical advantages ▪ Proximity to fast-growing industrial centers in South China and surrounding provinces ▪ Access to deep-water seaport and South China sea to import raw materials and serve customers; shortest sea routes to Southeast Asia Zhanjiang ▪ Own BASF jettie
Slide 9: The Zhanjiang Verbund site sets new industry benchmarks
The Zhanjiang Verbund site sets new industry benchmarks ▪ Investment of €8.7 billion from 2019 to 2028; Verbund successfully started up in early 2026 ▪ Third-largest and most advanced BASF Verbund site with cutting- edge technologies and flex-feed steam cracker (naphtha, butane) at deep-water seapor
Slide 10: Key pillars for our successful startup of the Zhanjiang Verbund site
Key pillars for our successful startup of the Zhanjiang Verbund site ▪ High commitment to safety, quality and compliance ▪ Robust project planning and discipline in execution ▪ Effective interfaces with authorities and partners ▪ Targeted recruitment approach Zhanjiang and training ▪ Early operation
Slide 11: Our "Smart Verbund" in full operation
Our “Smart Verbund” in full operation ▪ Touchless: Fully automated, real- time integration of >8,000 utility measurements to track plant Mobile consumption, perform cost AI allocation, optimize resource use automates and support sustainability 95% of outbound delivery processes 95% Cloud Big Data ▪
Slide 12: Zhanjiang's unique steam cracker setup ensures competitiveness and supports sustainability
Zhanjiang’s unique Surplus steam cracker setup ensures Steam Naphtha Surplus fuel gas competitiveness and cracker Syngas CO2 supports sustainability Butane Ethylene recycle EO 100% ▪ World-scale flex-feed steam Propylene cracker (naphtha, butane): Renewable energy M E-Drive Produces a wide spectrum
Slide 13: BASF's Zhanjiang Verbund site has one of the lowest CO2 footprints in the world
BASF’s Zhanjiang Verbund site has one of the lowest CO2 footprints in the world Projected CO2 emissions of the Zhanjiang Verbund site Million metric tons per year Renewable energy as one of the 6–9 central components to reduce CO2 Zhanjiang emissions 4.1 Cracker Cracker E-drive Power optimization su
Slide 14: World-scale Verbund site with diversified value chains serving a broad range of customer industries
World-scale Verbund site with diversified value chains serving a broad range of customer industries Ethylene oxide Methyl glycols Engineering plastics ▪ Detergents ▪ Paints and inks ▪ Automotive ▪ Brake fluid ▪ Furniture Nonionic surfactants Thermoplastic ▪ Detergents Polyethylene polyurethane C2 ▪
Slide 15: Partnership with Youyi – a globally leading adhesive tape manufacturer
Partnership with Youyi – a globally leading adhesive tape manufacturer ▪ BASF is global #1 Customer success story: producer of BA and 2-EHA, underpinned by “Industrial scale and local-for-local production” a leading cost position ▪ BASF’s Petrochemicals division supplies Youyi with butyl in acrylics
Slide 16: Partnership with KHUA – a globally leading producer of powder coatings resins
Partnership with KHUA – a globally leading producer of powder coatings resins ▪ BASF with #1 global Customer success story: market position in NPG due to a leading cost “Industrial scale and local-for-local production” position ▪ BASF’s Intermediates division invested in a world-scale ▪ The market1
Slide 17: BASF and Orient Motion accelerate chassis innovation with Ultramid and Ultradur
BASF and Orient Motion accelerate chassis innovation Brake-by- with Ultramid® and Ultradur® wire pedal ▪ BASF with #1 global Customer success story showcasing co-creation market position in engineering plastics ▪ BASF’s Performance Materials division’s engineering plastics compounding plant was the
Slide 18: The Verbund site is BASF's key platform for long-term profitable and sustainable growth in China
The Verbund site is BASF’s key platform for long-term profitable and sustainable growth in China Projected key financials of BASF’s ▪ Projected sales and EBITDA by 2030 Zhanjiang Verbund site by 20301 remain unchanged ▪ For 2026, we anticipate a slightly negative EBITDA before special items €4.0 – €
Slide 19: Focus areas following the successful startup
Focus areas following the successful startup Ramp up capacity Further strengthen Reduce costs by Secure leading cost utilization and customer relationships streamlining day-to-day positions through operational transition to steady- and grow in line with operations and leveraging excellence and conti
Slide 20: BASF – We create chemistry
O- BASF We create chemistry