At the request of BASF SE, the Ludwigshafen local court appointed Liming Chen, Chairman of IBM Greater China Group, to the Supervisory Board of BASF SE by way of a recent resolution. The appointment became necessary after Dr. Alexander C. Karp, CEO Palantir Technologies, resigned from the Supervisory Board at the end of July 2020 for professional reasons.

Liming Chen is Chairman of IBM Greater China Group, based in Beijing, China, a position he has held since 2015. From 2008 to 2015, Chen served as President of BP China and Chairman of BP (China) Holding Company.

Between 1994 and 2008, he held various leadership roles at the chemical company Condea (since 2001: Sasol) in Singapore and China.

The Supervisory Board intends to propose Liming Chen, the Supervisory Board member now appointed by the court, to the next Annual Shareholders’ Meeting of BASF SE on April 29, 2021, for election for the Supervisory Board’s remaining term of office, which ends on conclusion of the Annual Shareholders’ Meeting in 2024.