Lone Star Funds to acquire BASF’s Construction Chemicals business

Lone Star is a private equity firm that invests globally in real estate, equity, credit and other financial assets. Since the establishment of its first fund in 1995, Lone Star has organized twenty private equity funds with aggregate capital commitments totaling approximately $85 billion. As a leading private equity investor in construction materials and related industries, Lone Star has extensive international experience in the sector with a strong portfolio of investments across both Europe and North America. For more information about Lone Star, go to www.lonestarfunds.com.

Media Contacts:

Sara Luebking, Hill+Knowlton Strategies GmbH, Phone: +49 69 973 6263, Mobile: +49 174 341 9220, [email protected]

Christina Pretto, Communications and Public Affairs, Lone Star Global Acquisitions, LLC, Phone: +1 212 849 9662, Mobile: +1 917 499 4260, [email protected]

At BASF, we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. The approximately 122,000 employees in the BASF Group work on contributing to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio is organized into six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care and Agricultural Solutions. BASF generated sales of around €63 billion in 2018. BASF shares are traded on the stock exchange in Frankfurt (BAS) and as American Depositary Receipts (BASFY) in the U.S. Further information at www.basf.com.

This release 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 future developments and results outlined therein. These are dependent on a number of factors; they involve various risks and uncertainties; and they are based on assumptions that may not prove to be accurate. BASF does not assume any obligation to update the forward-looking statements contained in this release above and beyond the legal requirements.