Following a proposal from the Nomination Committee, the BASF SE Supervisory Board has officially recommended Mark Garrett (63) as a candidate for election at the Annual Shareholders’ Meeting scheduled for April 30, 2026.

Garrett is slated to succeed Liming Chen, who is stepping down at his own request at the conclusion of the 2026 meeting.

“As a result of his more than thirty-year career, Mark Garrett is intimately familiar with all key areas of the chemical industry,” said Dr. Kurt Bock, Chairman of the Supervisory Board of BASF SE. “He has successfully led several companies as CEO and also brings extensive experience as a member and chairman of supervisory boards of both publicly listed and private companies. His rich entrepreneurial background will further strengthen the competence of BASF’s Supervisory Board.”

After studying in Australia (Bachelor in Economics, Graduate Diploma in Applied Information Systems), Mark Garrett began his career at Ciba‑Geigy in 1986. After holding various professional positions in Switzerland and the United States, other roles have included Chief Executive Officer of Borealis AG from 2007 to 2018, Chair of the Board of Directors of Axalta Coating Systems LLC from 2019 to 2021, and Chairman of the Supervisory Board of OMV Aktiengesellschaft from 2020 to 2023. Mark Garrett holds Australian and Swiss citizenship.

The guiding principle for the composition of the Supervisory Board is to ensure qualified supervision and guidance for the Board of Executive Directors of BASF SE.