Basf SE (XTER:BAS)

€ 48.805 -1.035 (-2.08%) Market Cap: 43.56 Bil Enterprise Value: 61.74 Bil PE Ratio: 1,626.83 PB Ratio: 1.17 GF Score: 78/100

BASF SE Annual Shareholders Meeting Transcript

Apr 27, 2023 / 08:00AM GMT

Release Date Price: €48 (-4.30%)

Transcript

Kurt Bock

Welcome to the ordinary General Meeting of BASF SE and the year 2023 at Mannheim, Rosengarten. As Chair of the Supervisory Board, I will take the Chair of the AGM and according to Section 18 Figure 1, I take the Chair.

I would like to welcome you, ladies and gentlemen -- ladies and gentlemen, shareholders, the shareholder proxies, the representatives of the press and also those people who have dialed in live via the Internet. I would also like to welcome those shareholders that follow this AGM online live via the online service. After -- the last 3 years where we held our AGM virtually due to the pandemic, we are now very, very pleased that this year, we are able to welcome you in attendance here at Rosengarten, Mannheim.

The Board of Executive Directors and Supervisory Board have decided to turn back to a face-to-face format even if the legal regulations would allow to have this AGM also in a virtual form. As you all know, the main part of DAX companies this year will also meet virtually. We promised you last year that we will return to Rosengarten as soon as possible if and when

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