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Company Response

Statement from BASF to the countermotion of the Dachverbands der Kritischen Aktionärinnen und Aktionäre e.V.

...Lonmin is a supplier with which we have worked together since the acquisition of Engelhard in 2006. In the past years, there have been repeated conflicts in South African mines, some of them long and difficult. The mining industry in South Africa is a highly regulated industry with government established working standards. The industry has in addition established its own stricter standards.In the specific case, an inquiry has been commissioned by the South African President. The respective report has apparently been completed at the end of March. However, the results of the “Marikana Commission of Inquiry” have not yet been published...Please understand that we cannot comment on an issue that has not yet been fully clarified in South Africa. I can assure you that we have every interest that our suppliers adhere to internationally recognized standards for responsible conduct. We express this in our discussions with them. We are also in discussions with Lonmin and will continue this dialog...

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