**Exhibit 8.1**
| **List of Shares Held 2006** | **** |
|------------------------------|------|

 

----

**Contents**
| **2**      | ** ** | **I.**     | **Fully, proportionally and equity consolidated subsidiaries  and affiliates accounted for in the  Fully consolidated subsidiaries** |
|------------|------------|------------|--------------------------------------------------------------------------------------------------------------------------------------|
|       |       | ** ** | ** **                                                                                                                           |
| **2**      | ** ** | ** ** | **1.**                                                                                                                               | **Fully consolidated subsidiaries** |
|       |       |       |                                                                                                                                 |
| **2**      | ** ** | ** ** | ** **                                                                                                                           | **•** | Germany |
| **5**      | ** ** | ** ** | ** **                                                                                                                           | **•** | Europe (excluding Germany) |
| **10**     | ** ** | ** ** | ** **                                                                                                                           | **•** | North America (NAFTA) |
| **12**     | ** ** | ** ** | ** **                                                                                                                           | **•** | Asia Pacific |
| **15**     | ** ** | ** ** | ** **                                                                                                                           | **•** | South America, Africa, Middle East |
|       |       |       |                                                                                                                                 |
| **17**     | ** ** | ** ** | **2.**                                                                                                                               | **Proportionally consolidated affiliates** |
|       |       |       |                                                                                                                                 |
| **17**     | ** ** | ** ** | ** **                                                                                                                           | **•** | Germany |
| **17**     | ** ** | ** ** | ** **                                                                                                                           | **•** | Europe (excluding Germany) |
| **17**     | ** ** | ** ** | ** **                                                                                                                           | **•** | North America (NAFTA) |
| **17**     | ** ** | ** ** | ** **                                                                                                                           | **•** | Asia Pacific |
|       |       |       |                                                                                                                                 |
| **18**     | ** ** | ** ** | **3.**                                                                                                                               | **Equity consolidated subsidiaries** |
|       |       |       |                                                                                                                                 |
| **18**     | ** ** | ** ** | ** **                                                                                                                           | **•** | Germany |
| **18**     | ** ** | ** ** | ** **                                                                                                                           | **•** | Europe (excluding Germany) |
| **18**     | ** ** | ** ** | ** **                                                                                                                           | **•** | Asia Pacific |
| **18**     | ** ** | ** ** | ** **                                                                                                                           | **•** | South America, Africa, Middle East |
|       |       |       |                                                                                                                                 |
| **19**     | ** ** | ** ** | **4.**                                                                                                                               | **Equity consolidated affiliates** |
|       |       |       |                                                                                                                                 |
| **19**     | ** ** | ** ** | ** **                                                                                                                           | **•** | Germany |
| **19**     | ** ** | ** ** | ** **                                                                                                                           | **•** | Europe (excluding Germany) |
| **19**     | ** ** | ** ** | ** **                                                                                                                           | **•** | North America (NAFTA) |
| **19**     | ** ** | ** ** | ** **                                                                                                                           | **•** | Asia Pacific |
|       |       |       |                                                                                                                                 |
| **20**     | ** ** | **II.**    | **Other subsidiaries, affiliates and other  participating interests**                                                                |
| ** ** | ** ** | ** ** | ** **                                                                                                                           |
| **20**     | ** ** | ** ** | **1.**                                                                                                                               | **Subsidiaries not consolidated due to  immateriality** |
|       |       |       |                                                                                                                                 |
| **20**     | ** ** | ** ** | ** **                                                                                                                           | **•** | Germany |
| **22**     | ** ** | ** ** | ** **                                                                                                                           | **•** | Europe (excluding Germany) |
| **26**     | ** ** | ** ** | ** **                                                                                                                           | **•** | North America (NAFTA) |
| **28**     | ** ** | ** ** | ** **                                                                                                                           | **•** | Asia Pacific |
| **29**     | ** ** | ** ** | ** **                                                                                                                           | **•** | South America, Africa, Middle East |
|       |       |       |                                                                                                                                 |
| **31**     | ** ** | ** ** | **2.**                                                                                                                               | **Affiliates not consolidated due to immateriality** |
|       |       |       |                                                                                                                                 |
| **31**     | ** ** | ** ** | ** **                                                                                                                           | **•** | Germany |
| **32**     | ** ** | ** ** | ** **                                                                                                                           | **•** | Europe (excluding Germany) |
| **33**     | ** ** | ** ** | ** **                                                                                                                           | **•** | North America (NAFTA) |
| **33**     | ** ** | ** ** | ** **                                                                                                                           | **•** | Asia Pacific |
| **34**     | ** ** | ** ** | ** **                                                                                                                           | **•** | South America, Africa, Middle East |
|       |       |       |                                                                                                                                 |
| **34**     | ** ** | ** ** | **3.**                                                                                                                               | **Participating interests of between 5 and 20  percent in major corporations (Section 285, No. 11 of the German Commercial  Code)** |
|       |       |       |                                                                                                                                 |
| **34**     | ** ** | ** ** | ** **                                                                                                                           | **•** | Germany |
|       |       |       |                                                                                                                                 |
| **35**     | ** ** | **III.**   | **Information on subsidiaries  (exemptions under Section 264, [3] and Section 264 b of the German Commercial  Code)**                |
|       |       |       |                                                                                                                                 |
| **35**     | ** ** | ** ** | ** **                                                                                                                           | **•** | Germany |

 

1

----

**BASF Group and BASFAktiengesellschaft List of Shares Held 2006**

Pursuant to Section 313, [2]and Section 285, No. 11 of the German Commercial Code

Companies acquired in 2006 and included in results as of the date ofacquisition.

I.      Fully,proportionally and equity consolidated subsidiaries and affiliates accountedfor in the Consolidated Financial Statements

1.     Fullyconsolidated subsidiaries
|                                                                                 | ** ** | ** **        | ** ** | ** **       | ** ** | **Stock-**        | ** ** | ** **          | ** ** | ** **          | ** ** |
|---------------------------------------------------------------------------------|------------|-------------------|------------|------------------|------------|-------------------|------------|---------------------|------------|---------------------|------------|
| ** **                                                                      | ** ** | **Participating** | ** ** | **Thereof**      | ** ** | **holders’** | ** ** | ** **          | ** ** | ** **          | ** ** |
| **Company and headquarters**                                          | ** ** | **interest**      | ** ** | **BASF AG** | ** ** | **equity**        | ** ** | **Net income** | ** ** | **Currency**        | ** ** |
| ** **                                                                      | ** ** | **(%)**           | ** ** | **(%)**          | ** ** | **(millions)**    | ** ** | **(millions)**      | ** ** | **(ISO code)** | ** ** |
| ** **                                                                      |       |              |       |             |       |              |       |                |       |                |       |
| **Germany**                                                                     |       |              |       |             |       |              |       |                |       |                |       |
| ** **                                                                      |       |              |       |             |       |              |       |                |       |                |       |
| Axaron Bioscience AG                                                            |       | 85.11             |       | 85.11            |       | (5.2              | )          | 2.2                 |       | EUR                 |       |
| Heidelberg                                                                      |       |              |       |             |       |              |       |                |       |                |       |
| Axaron GmbH                                                                     |       | 85.11             |       |             |       | 33.6              |       | 34.2                |       | EUR                 |       |
| Ludwigshafen (Rhine)                                                            |       |              |       |             |       |              |       |                |       |                |       |
| BASF Admixtures Germany GmbH                                                    |       | 100.0             |       |             |       | 1.8               |       |                | *          | EUR                 |       |
| Darmstadt                                                                       |       |              |       |             |       |              |       |                |       |                |       |
| BASF Agro Trademarks  GmbH                                                      |       | 100.0             |       |             |       | 0.6               |       |                | *          | EUR                 |       |
| Ludwigshafen (Rhine)                                                            |       |              |       |             |       |              |       |                |       |                |       |
| BASF Bauchemie GmbH                                                             |       | 100.0             |       |             |       | 140.4             |       |                | *          | EUR                 |       |
| Trostberg                                                                       |       |              |       |             |       |              |       |                |       |                |       |
| BASF Bautechnik GmbH                                                            |       | 100.0             |       |             |       | 1.7               |       | 0.1                 |       | EUR                 |       |
| Altlandsberg                                                                    |       |              |       |             |       |              |       |                |       |                |       |
| BASF Beteiligungsgesellschaft mbH                                               |       | 100.0             |       | 100.0            |       | 2,205.9           |       | (66.2               | )          | EUR                 |       |
| Ludwigshafen (Rhine)                                                            |       |              |       |             |       |              |       |                |       |                |       |
| BASF Catalysts  Grundbesitz GmbH & Co. KG                                   |       | 100.0             |       |             |       | 9.0               |       | 0.1                 |       | EUR                 |       |
| Ludwigshafen (Rhine)                                                            |       |              |       |             |       |              |       |                |       |                |       |
| BASF Coatings AG                                                                |       | 100.0             |       | 10.0             |       | 243.9             |       |                | *          | EUR                 |       |
| Münster                                                                    |       |              |       |             |       |              |       |                |       |                |       |
| BASF  Construction Chemicals Grundbesitz GmbH & Co. KG Ludwigshafen (Rhine) |       | 100.0             |       | 100.0            |       | 19.1              |       | 0.3                 |       | EUR                 |       |
| BASF Construction Chemicals GmbH                                                |       | 100.0             |       |             |       | 335.3             |       |                | *          | EUR                 |       |
| Trostberg                                                                       |       |              |       |             |       |              |       |                |       |                |       |
| BASF Construction  Polymers GmbH                                                |       | 100.0             |       |             |       | 11.5              |       |                | *          | EUR                 |       |
| Trostberg                                                                       |       |              |       |             |       |              |       |                |       |                |       |
| BASF Electronic Materials GmbH                                                  |       | 100.0             |       |             |       | 12.0              |       |                | *          | EUR                 |       |
| Ludwigshafen (Rhine)                                                            |       |              |       |             |       |              |       |                |       |                |       |
| BASF Handels- und  Export GmbH                                                  |       | 100.0             |       | 100.0            |       | 3,575.1           |       |                | *          | EUR                 |       |
| Ludwigshafen (Rhine)                                                            |       |              |       |             |       |              |       |                |       |                |       |
| BASF Immobilien-Gesellschaft mbH  & Co. Pigment KG                          |       | 100.0             |       |             |       | 11.8              |       | 0.8                 |       | EUR                 |       |
| Ludwigshafen (Rhine)                                                            |       |              |       |             |       |              |       |                |       |                |       |
| BASF Isocyanate China  Investment GmbH                                          |       | 100.0             |       |             |       | 0.0               |       |                | *          | EUR                 |       |
| Ludwigshafen (Rhine)                                                            |       |              |       |             |       |              |       |                |       |                |       |
| BASF IT Services GmbH                                                           |       | 100.0             |       |             |       | 21.9              |       |                | *          | EUR                 |       |
| Ludwigshafen (Rhine)                                                            |       |              |       |             |       |              |       |                |       |                |       |
| BASF IT Services  Holding GmbH                                                  |       | 100.0             |       |             |       | 20.0              |       |                | *          | EUR                 |       |
| Ludwigshafen (Rhine)                                                            |       |              |       |             |       |              |       |                |       |                |       |
| BASF Leuna GmbH                                                                 |       | 100.0             |       |             |       | 17.3              |       | (0.1                | )          | EUR                 |       |
| Leuna                                                                           |       |              |       |             |       |              |       |                |       |                |       |

 

----

* Profit/losstransfer agreement

2

----

 

 
|                                             | ** ** | ** **        | ** ** | ** **       | ** ** | **Stock-**        | ** ** | ** **          | ** ** | ** **          | ** ** |
|---------------------------------------------|------------|-------------------|------------|------------------|------------|-------------------|------------|---------------------|------------|---------------------|------------|
| ** **                                  | ** ** | **Participating** | ** ** | **Thereof**      | ** ** | **holders’** | ** ** | ** **          | ** ** | ** **          | ** ** |
| **Company and headquarters**      | ** ** | **interest**      | ** ** | **BASF AG** | ** ** | **equity**        | ** ** | **Net income** | ** ** | **Currency**        | ** ** |
| ** **                                  | ** ** | **(%)**           | ** ** | **(%)**          | ** ** | **(millions)**    | ** ** | **(millions)**      | ** ** | **(ISO code)** | ** ** |
|                                        |       |              |       |             |       |              |       |                |       |                |       |
| BASF Performance Polymers  GmbH             |       | 100.0             |       |             |       | 38.8              |       |                | *          | EUR                 |       |
| Rudolstadt                                  |       |              |       |             |       |              |       |                |       |                |       |
| BASF PharmaChemikalien GmbH & Co. KG    |       | 100.0             |       | 100.0            |       | 715.0             |       | 14.6                |       | EUR                 |       |
| Ludwigshafen (Rhine)                        |       |              |       |             |       |              |       |                |       |                |       |
| BASF Pigment GmbH                           |       | 100.0             |       |             |       | 13.2              |       |                | *          | EUR                 |       |
| Ludwigshafen (Rhine)                        |       |              |       |             |       |              |       |                |       |                |       |
| BASF Plant Science GmbH                     |       | 100.0             |       |             |       | 3.4               |       |                | *          | EUR                 |       |
| Ludwigshafen (Rhine)                        |       |              |       |             |       |              |       |                |       |                |       |
| BASF Plant Science Holding  GmbH            |       | 100.0             |       | 100.0            |       | 183.0             |       |                | *          | EUR                 |       |
| Ludwigshafen (Rhine)                        |       |              |       |             |       |              |       |                |       |                |       |
| BASF Polyurethane Licensing GmbH            |       | 100.0             |       |             |       | 23.7              |       | 23.1                |       | EUR                 |       |
| Lemförde                               |       |              |       |             |       |              |       |                |       |                |       |
| BASF Power GmbH & Co. KG                |       | 100.0             |       | 100.0            |       | 27.2              |       | 19.2                |       | EUR                 |       |
| Ludwigshafen (Rhine)                        |       |              |       |             |       |              |       |                |       |                |       |
| BASF Schwarzheide GmbH                      |       | 100.0             |       | 10.0             |       | 228.9             |       |                | *          | EUR                 |       |
| Schwarzheide                                |       |              |       |             |       |              |       |                |       |                |       |
| BASF Services Europe GmbH                   |       | 100.0             |       |             |       | 1.7               |       |                | *          | EUR                 |       |
| Berlin                                      |       |              |       |             |       |              |       |                |       |                |       |
| BASF US Verwaltung GmbH                     |       | 100.0             |       |             |       | (215.7            | )          | (214.7              | )          | EUR                 |       |
| Ludwigshafen (Rhine)                        |       |              |       |             |       |              |       |                |       |                |       |
| BPG Immobilien GmbH                         |       | 100.0             |       | 10.0             |       | 9.2               |       | (0.1                | )          | EUR                 |       |
| Ludwigshafen (Rhine)                        |       |              |       |             |       |              |       |                |       |                |       |
| BTC Speciality Chemical Distribution GmbH   |       | 100.0             |       |             |       | 2.2               |       |                | *          | EUR                 |       |
| Cologne                                     |       |              |       |             |       |              |       |                |       |                |       |
| Chemische Fabrik Wibarco  GmbH              |       | 100.0             |       | 10.0             |       | 6.0               |       | (2.8                | )          | EUR                 |       |
| Ibbenbüren                             |       |              |       |             |       |              |       |                |       |                |       |
| Colfirmit Rajasil GmbH & Co. KG         |       | 100.0             |       |             |       | 14.8              |       | 0.7                 |       | EUR                 |       |
| Marktredwitz                                |       |              |       |             |       |              |       |                |       |                |       |
| Colfirmit Rajasil  Verwaltungs-GmbH         |       | 100.0             |       |             |       | 0.0               |       | 0.0                 |       | EUR                 |       |
| Marktredwitz                                |       |              |       |             |       |              |       |                |       |                |       |
| Construction Research & Technology GmbH |       | 100.0             |       |             |       | 339.6             |       |                | *          | EUR                 |       |
| Trostberg                                   |       |              |       |             |       |              |       |                |       |                |       |
| Dr. Wolman GmbH                             |       | 100.0             |       | 10.0             |       | 2.8               |       |                | *          | EUR                 |       |
| Sinzheim                                    |       |              |       |             |       |              |       |                |       |                |       |
| Elastogran GmbH                             |       | 100.0             |       | 10.0             |       | 111.3             |       |                | *          | EUR                 |       |
| Lemförde                               |       |              |       |             |       |              |       |                |       |                |       |
| Engelhard Holdings GmbH                     |       | 100.0             |       |             |       | 85.2              |       | (0.1                | )          | EUR                 |       |
| Hanover                                     |       |              |       |             |       |              |       |                |       |                |       |
| Engelhard Process Chemicals GmbH            |       | 100.0             |       |             |       | 13.7              |       | (0.1                | )          | EUR                 |       |
| Hanover                                     |       |              |       |             |       |              |       |                |       |                |       |
| Engelhard Technologies GmbH                 |       | 100.0             |       |             |       | 158.2             |       | (3.0                | )          | EUR                 |       |
| Hanover                                     |       |              |       |             |       |              |       |                |       |                |       |
| GEWOGE Wohnungsunternehmen der BASF GmbH    |       | 97.0              |       | 10.0             |       | 176.7             |       | 7.0                 |       | EUR                 |       |
| Ludwigshafen (Rhine)                        |       |              |       |             |       |              |       |                |       |                |       |

 

----

* Profit/loss transfer agreement

3

----

 
|                                            | ** ** | ** **        | ** ** | ** **       | ** ** | **Stock-**        | ** ** | ** **          | ** ** | ** **          | ** ** |
|--------------------------------------------|------------|-------------------|------------|------------------|------------|-------------------|------------|---------------------|------------|---------------------|------------|
| ** **                                 | ** ** | **Participating** | ** ** | **Thereof**      | ** ** | **holders’** | ** ** | ** **          | ** ** | ** **          | ** ** |
| **Company and headquarters**     | ** ** | **interest**      | ** ** | **BASF AG** | ** ** | **equity**        | ** ** | **Net income** | ** ** | **Currency**        | ** ** |
| ** **                                 | ** ** | **(%)**           | ** ** | **(%)**          | ** ** | **(millions)**    | ** ** | **(millions)**      | ** ** | **(ISO code)** | ** ** |
|                                       |       |              |       |             |       |              |       |                |       |                |       |
| Guano-Werke GmbH & Co.  KG             |       | 100.0             |       |             |       | 296.2             |       | 72.0                |       | EUR                 |       |
| Ludwigshafen (Rhine)                       |       |              |       |             |       |              |       |                |       |                |       |
| Haidkopf GmbH                              |       | 100.0             |       |             |       | 0.7               |       |                | *          | EUR                 |       |
| Kassel                                     |       |              |       |             |       |              |       |                |       |                |       |
| LUWOGE GmbH                                |       | 100.0             |       | 10.0             |       | 47.3              |       |                | *          | EUR                 |       |
| Ludwigshafen (Rhine)                       |       |              |       |             |       |              |       |                |       |                |       |
| Metanomics GmbH                            |       | 100.0             |       |             |       | 0.0               |       |                | *          | EUR                 |       |
| Berlin-Charlottenburg                      |       |              |       |             |       |              |       |                |       |                |       |
| PCI Augsburg GmbH                          |       | 100.0             |       |             |       | 131.3             |       |                | *          | EUR                 |       |
| Augsburg                                   |       |              |       |             |       |              |       |                |       |                |       |
| Pemeas GmbH                                |       | 100.0             |       |             |       | 15.0              |       | 0.0                 |       | EUR                 |       |
| Frankfurt (Main)                           |       |              |       |             |       |              |       |                |       |                |       |
| plan business enterprise  solutions GmbH   |       | 100.0             |       |             |       | 5.4               |       | 0.4                 |       | EUR                 |       |
| Hamburg                                    |       |              |       |             |       |              |       |                |       |                |       |
| plan business integration GmbH             |       | 100.0             |       |             |       | 0.2               |       | 0.0                 |       | EUR                 |       |
| Hamburg                                    |       |              |       |             |       |              |       |                |       |                |       |
| plan business market  enabling services AG |       | 100.0             |       |             |       | 7.7               |       | 0.0                 |       | EUR                 |       |
| Hamburg                                    |       |              |       |             |       |              |       |                |       |                |       |
| Relius Coatings Beteiligungs-GmbH          |       | 100.0             |       |             |       | 0.3               |       | 0.1                 |       | EUR                 |       |
| Oldenburg                                  |       |              |       |             |       |              |       |                |       |                |       |
| Relius Coatings GmbH &  Co. KG         |       | 100.0             |       |             |       | 73.0              |       | 1.2                 |       | EUR                 |       |
| Oldenburg                                  |       |              |       |             |       |              |       |                |       |                |       |
| SunGene GmbH                               |       | 100.0             |       |             |       | 0.1               |       |                | *          | EUR                 |       |
| Gatersleben                                |       |              |       |             |       |              |       |                |       |                |       |
| Untertage-Speicher-Gesellschaft  mbH       |       | 100.0             |       |             |       | 4.9               |       | 2.3                 |       | EUR                 |       |
| Kassel                                     |       |              |       |             |       |              |       |                |       |                |       |
| WINGAS GmbH                                |       | 65.0              |       |             |       | 227.9             |       |                | *          | EUR                 |       |
| Kassel                                     |       |              |       |             |       |              |       |                |       |                |       |
| WINGAS Holding GmbH                        |       | 100.0             |       |             |       | 88.5              |       |                | *          | EUR                 |       |
| Kassel                                     |       |              |       |             |       |              |       |                |       |                |       |
| WINGAS Transport GmbH & Co. KG         |       | 100.0             |       |             |       | 15.1              |       | 15.1                |       | EUR                 |       |
| Kassel                                     |       |              |       |             |       |              |       |                |       |                |       |
| Wintershall AG                             |       | 100.0             |       | 10.0             |       | 170.8             |       |                | *          | EUR                 |       |
| Kassel                                     |       |              |       |             |       |              |       |                |       |                |       |
| Wintershall Erdgas Beteiligungs-GmbH       |       | 100.0             |       |             |       | 207.9             |       |                | *          | EUR                 |       |
| Kassel                                     |       |              |       |             |       |              |       |                |       |                |       |
| Wintershall Erdgas  Verwaltungs-GmbH       |       | 100.0             |       |             |       | 156.5             |       |                | *          | EUR                 |       |
| Kassel                                     |       |              |       |             |       |              |       |                |       |                |       |
| Wintershall Explorations- und Produktions- |       | 100.0             |       |             |       | 529.5             |       |                | *          | EUR                 |       |
| Beteiligungsgesellschaft mbH, Kassel       |       |              |       |             |       |              |       |                |       |                |       |
| Wintershall Holding AG                     |       | 100.0             |       | 10.0             |       | 1,477.6           |       |                | *          | EUR                 |       |
| Kassel                                     |       |              |       |             |       |              |       |                |       |                |       |
| Wintershall Lenkoran GmbH                  |       | 100.0             |       |             |       | 0.1               |       |                | *          | EUR                 |       |
| Kassel                                     |       |              |       |             |       |              |       |                |       |                |       |

 

----

* Profit/loss transfer agreement

4

----

 
|                                                       | ** ** | ** **        | ** ** | ** **       | ** ** | **Stock-**        | ** ** | ** **          | ** ** | ** **          | ** ** |
|-------------------------------------------------------|------------|-------------------|------------|------------------|------------|-------------------|------------|---------------------|------------|---------------------|------------|
| ** **                                            | ** ** | **Participating** | ** ** | **Thereof**      | ** ** | **holders’** | ** ** | ** **          | ** ** | ** **          | ** ** |
| **Company and headquarters**                | ** ** | **interest**      | ** ** | **BASF AG** | ** ** | **equity**        | ** ** | **Net income** | ** ** | **Currency**        | ** ** |
| ** **                                            | ** ** | **(%)**           | ** ** | **(%)**          | ** ** | **(millions)**    | ** ** | **(millions)**      | ** ** | **(ISO code)** | ** ** |
|                                                  |       |              |       |             |       |              |       |                |       |                |       |
| Wintershall Libyen Oil &  Gas GmbH                |       | 100.0             |       |             |       | 0.0               |       |                | *          | EUR                 |       |
| Kassel                                                |       |              |       |             |       |              |       |                |       |                |       |
| Wintershall Vermögensverwaltungsgesellschaft mbH |       | 100.0             |       |             |       | 0.0               |       |                | *          | EUR                 |       |
| Ludwigshafen (Rhine)                                  |       |              |       |             |       |              |       |                |       |                |       |
| Zehnte BASF Erwerbsgesellschaft  mbH                  |       | 100.0             |       |             |       | 43.1              |       |                | *          | EUR                 |       |
| Ludwigshafen (Rhine)                                  |       |              |       |             |       |              |       |                |       |                |       |
| Zehnte BASF Finanzbeteiligungsgesellschaft mbH        |       | 100.0             |       |             |       | 28.2              |       |                | *          | EUR                 |       |
| Ludwigshafen (Rhine)                                  |       |              |       |             |       |              |       |                |       |                |       |
|                                                  |       |              |       |             |       |              |       |                |       |                |       |
| **Europe (excluding Germany)**                        |       |              |       |             |       |              |       |                |       |                |       |
|                                                  |       |              |       |             |       |              |       |                |       |                |       |
| BASF A/S                                              |       | 100.0             |       | 100.0            |       | 27.6              |       | 5.9                 |       | DKK                 |       |
| Copenhagen, Denmark                                   |       |              |       |             |       |              |       |                |       |                |       |
| BASF AB                                               |       | 100.0             |       | 100.0            |       | 34.1              |       | 33.7                |       | EUR                 |       |
| Gothenburg, Sweden                                    |       |              |       |             |       |              |       |                |       |                |       |
| BASF Agri-Produktion S.A.S.                           |       | 100.0             |       |             |       | 54.8              |       | 3.8                 |       | EUR                 |       |
| Gravelines, France                                    |       |              |       |             |       |              |       |                |       |                |       |
| BASF Agro B.V.                                        |       | 100.0             |       |             |       | 1,916.3           |       | 117.1               |       | CHF                 |       |
| Arnhem, the Netherlands                               |       |              |       |             |       |              |       |                |       |                |       |
| BASF Agro Hellas Industrial and Commercial S.A.       |       | 100.0             |       | 100.0            |       | 6.6               |       | 0.1                 |       | EUR                 |       |
| Athens, Greece                                        |       |              |       |             |       |              |       |                |       |                |       |
| BASF Agro S.A.S.                                      |       | 100.0             |       |             |       | 62.2              |       | 30.2                |       | EUR                 |       |
| Ecully, France                                        |       |              |       |             |       |              |       |                |       |                |       |
| BASF Agrochemical Products B.V.                       |       | 100.0             |       |             |       | 364.6             |       | 65.4                |       | USD                 |       |
| Arnhem, the Netherlands                               |       |              |       |             |       |              |       |                |       |                |       |
| BASF Antwerpen N.V.                                   |       | 100.0             |       |             |       | 3,393.5           |       | 324.3               |       | EUR                 |       |
| Antwerp, Belgium                                      |       |              |       |             |       |              |       |                |       |                |       |
| BASF Belgium S.A.                                     |       | 99.99             |       | 99.99            |       | 32.2              |       | 2.5                 |       | EUR                 |       |
| Brussels, Belgium                                     |       |              |       |             |       |              |       |                |       |                |       |
| BASF Catalysts Holding Asia  B.V., Nederland          |       | 100.0             |       |             |       | 414.6             |       | (1.1                | )          | EUR                 |       |
| Arnhem, the Netherlands                               |       |              |       |             |       |              |       |                |       |                |       |
| BASF Coatings Holding B.V.                            |       | 100.0             |       |             |       | 145.2             |       | 24.7                |       | EUR                 |       |
| Maarssen, the Netherlands                             |       |              |       |             |       |              |       |                |       |                |       |
| BASF Coatings Ltd.                                    |       | 100.0             |       |             |       | 11.5              |       | 2.3                 |       | GBP                 |       |
| Deeside, United Kingdom                               |       |              |       |             |       |              |       |                |       |                |       |
| BASF Coatings S.A.                                    |       | 99.7              |       |             |       | 37.5              |       | 9.2                 |       | EUR                 |       |
| Guadalajara, Spain                                    |       |              |       |             |       |              |       |                |       |                |       |
| BASF Coatings S.A.S.                                  |       | 100.0             |       |             |       | 69.4              |       | 15.9                |       | EUR                 |       |
| Clermont de l’Oise, France                       |       |              |       |             |       |              |       |                |       |                |       |
| BASF Coatings SpA                                     |       | 100.0             |       |             |       | 11.7              |       | (2.9                | )          | EUR                 |       |
| Burago Molgora, Italy                                 |       |              |       |             |       |              |       |                |       |                |       |
| BASF Construction Chemicals  Austria GmbH             |       | 100.0             |       |             |       | 2.7               |       | (0.4                | )          | EUR                 |       |
| Krieglach, Austria                                    |       |              |       |             |       |              |       |                |       |                |       |
| BASF Construction Chemicals Belgium N.V.              |       | 99.99             |       |             |       | 16.2              |       | 0.5                 |       | EUR                 |       |
| Ham, Belgium                                          |       |              |       |             |       |              |       |                |       |                |       |

 

----

* Profit/loss transfer agreement

5

----

 
|                                              | ** ** | ** **        | ** ** | ** **       | ** ** | **Stock-**        | ** ** | ** **          | ** ** | ** **          | ** ** |
|----------------------------------------------|------------|-------------------|------------|------------------|------------|-------------------|------------|---------------------|------------|---------------------|------------|
| ** **                                   | ** ** | **Participating** | ** ** | **Thereof**      | ** ** | **holders’** | ** ** | ** **          | ** ** | ** **          | ** ** |
| **Company and headquarters**       | ** ** | **interest**      | ** ** | **BASF AG** | ** ** | **equity**        | ** ** | **Net income** | ** ** | **Currency**        | ** ** |
| ** **                                   | ** ** | **(%)**           | ** ** | **(%)**          | ** ** | **(millions)**    | ** ** | **(millions)**      | ** ** | **(ISO code)** | ** ** |
|                                         |       |              |       |             |       |              |       |                |       |                |       |
| BASF Construction Chemicals  Denmark A/S     |       | 100.0             |       |             |       | 57.7              |       | 1.1                 |       | DKK                 |       |
| Rodekro, Denmark                             |       |              |       |             |       |              |       |                |       |                |       |
| BASF Construction Chemicals España S.L. |       | 100.0             |       |             |       | 12.0              |       | 6.1                 |       | EUR                 |       |
| Barcelona, Spain                             |       |              |       |             |       |              |       |                |       |                |       |
| BASF Construction Chemicals  (Europe) AG     |       | 100.0             |       |             |       | 35.6              |       | 5.4                 |       | CHF                 |       |
| Zürich, Switzerland                     |       |              |       |             |       |              |       |                |       |                |       |
| BASF Construction Chemicals Finland Oy       |       | 100.0             |       |             |       | 0.3               |       | (0.2                | )          | EUR                 |       |
| Riihimäki, Finland                      |       |              |       |             |       |              |       |                |       |                |       |
| BASF Construction Chemicals  France S.A.S.   |       | 100.0             |       |             |       | 14.3              |       | 0.9                 |       | EUR                 |       |
| Lisses, France                               |       |              |       |             |       |              |       |                |       |                |       |
| BASF Construction Chemicals Hellas S.A.      |       | 100.0             |       |             |       | 8.5               |       | 0.4                 |       | EUR                 |       |
| Athens, Greece                               |       |              |       |             |       |              |       |                |       |                |       |
| BASF Construction Chemicals  Hrvatska d.o.o. |       | 100.0             |       |             |       | 27.0              |       | (2.4                | )          | HRK                 |       |
| Ludbreg, Croatia                             |       |              |       |             |       |              |       |                |       |                |       |
| BASF Construction Chemicals Italia SpA       |       | 100.0             |       |             |       | 20.9              |       | 1.9                 |       | EUR                 |       |
| Treviso, Italy                               |       |              |       |             |       |              |       |                |       |                |       |
| BASF Construction Chemicals  Nederland B.V.  |       | 100.0             |       |             |       | 8.6               |       | 1.3                 |       | EUR                 |       |
| Oosterhout, the Netherlands                  |       |              |       |             |       |              |       |                |       |                |       |
| BASF Construction Chemicals Norge AS         |       | 100.0             |       |             |       | 10.8              |       | (0.1                | )          | NOK                 |       |
| Oslo-Kalbakken, Norway                       |       |              |       |             |       |              |       |                |       |                |       |
| BASF Construction Chemicals  Norway AS       |       | 100.0             |       |             |       | 8.1               |       | (0.6                | )          | NOK                 |       |
| Sagstua, Norway                              |       |              |       |             |       |              |       |                |       |                |       |
| BASF Construction Chemicals Portugal, S.A.   |       | 100.0             |       |             |       | 2.9               |       | (0.4                | )          | EUR                 |       |
| Rio de Mouro, Portugal                       |       |              |       |             |       |              |       |                |       |                |       |
| BASF Construction Chemicals  (Schweiz) AG    |       | 100.0             |       |             |       | 325.3             |       | (12.4               | )          | CHF                 |       |
| Zürich, Switzerland                     |       |              |       |             |       |              |       |                |       |                |       |
| BASF Construction Chemicals Sweden AB        |       | 100.0             |       |             |       | (6.0              | )          | 2.9                 |       | SEK                 |       |
| Täby, Sweden                            |       |              |       |             |       |              |       |                |       |                |       |
| BASF Construction Chemicals  (UK) Ltd.       |       | 100.0             |       |             |       | 4.6               |       | (0.1                | )          | GBP                 |       |
| Swinton – Manchester, United  Kingdom   |       |              |       |             |       |              |       |                |       |                |       |
| BASF Coordination Center Comm.V.             |       | 100.0             |       |             |       | 8,755.8           |       | 190.7               |       | EUR                 |       |
| Antwerp, Belgium                             |       |              |       |             |       |              |       |                |       |                |       |
| BASF Curtex S.A.                             |       | 100.0             |       |             |       | 19.9              |       | 2.6                 |       | EUR                 |       |
| L’Hospitalet de Llobregat,  Spain       |       |              |       |             |       |              |       |                |       |                |       |
| BASF Electronic Materials B.V.               |       | 100.0             |       |             |       | 1.2               |       | (0.1                | )          | EUR                 |       |
| Arnhem, the Netherlands                      |       |              |       |             |       |              |       |                |       |                |       |
| BASF Electronic Materials  S.A.S.            |       | 100.0             |       |             |       | 2.9               |       | (0.2                | )          | EUR                 |       |
| Levallois-Perret, France                     |       |              |       |             |       |              |       |                |       |                |       |
| BASF Engelhard Finance Nederland B.V.        |       | 100.0             |       |             |       | 63.3              |       | 0.0                 |       | EUR                 |       |
| Arnhem, the Netherlands                      |       |              |       |             |       |              |       |                |       |                |       |
| BASF Engelhard Italy B.V.                    |       | 100.0             |       |             |       | 122.8             |       | 0.0                 |       | EUR                 |       |
| Arnhem, the Netherlands                      |       |              |       |             |       |              |       |                |       |                |       |
| BASF Epitökemia Hungária Kft.      |       | 100.0             |       |             |       | 58.2              |       | 38.4                |       | HUF                 |       |
| Budapest, Hungary                            |       |              |       |             |       |              |       |                |       |                |       |

 

6

----

 
|                                             | ** ** | ** **        | ** ** | ** **       | ** ** | **Stock-**        | ** ** | ** **          | ** ** | ** **          | ** ** |
|---------------------------------------------|------------|-------------------|------------|------------------|------------|-------------------|------------|---------------------|------------|---------------------|------------|
| ** **                                  | ** ** | **Participating** | ** ** | **Thereof**      | ** ** | **holders’** | ** ** | ** **          | ** ** | ** **          | ** ** |
| **Company and headquarters**      | ** ** | **interest**      | ** ** | **BASF AG** | ** ** | **equity**        | ** ** | **Net income** | ** ** | **Currency**        | ** ** |
| ** **                                  | ** ** | **(%)**           | ** ** | **(%)**          | ** ** | **(millions)**    | ** ** | **(millions)**      | ** ** | **(ISO code)** | ** ** |
|                                        |       |              |       |             |       |              |       |                |       |                |       |
| BASF Española S.L.                     |       | 100.0             |       |             |       | 220.7             |       | 10.1                |       | EUR                 |       |
| Tarragona, Spain                            |       |              |       |             |       |              |       |                |       |                |       |
| BASF Fine Chemicals Schweiz S.A.            |       | 100.0             |       |             |       | 2.5               |       | 2.2                 |       | EUR                 |       |
| Evionnaz, Switzerland                       |       |              |       |             |       |              |       |                |       |                |       |
| BASF France S.A.S.                          |       | 100.0             |       | 100.0            |       | 131.2             |       | 26.9                |       | EUR                 |       |
| Levallois-Perret, France                    |       |              |       |             |       |              |       |                |       |                |       |
| BASF Health & Nutrition A/S             |       | 100.0             |       | 100.0            |       | 205.6             |       | 99.1                |       | DKK                 |       |
| Ballerup, Denmark                           |       |              |       |             |       |              |       |                |       |                |       |
| BASF Holding Española S.L.             |       | 100.0             |       | 100.0            |       | 26.9              |       | 23.1                |       | EUR                 |       |
| Barcelona, Spain                            |       |              |       |             |       |              |       |                |       |                |       |
| BASF Hungária Kft.                     |       | 100.0             |       | 100.0            |       | 4,069.3           |       | 544.9               |       | HUF                 |       |
| Budapest, Hungary                           |       |              |       |             |       |              |       |                |       |                |       |
| BASF Interservice SpA                       |       | 100.0             |       | 90.0             |       | 53.6              |       | 2.0                 |       | EUR                 |       |
| Cesano Maderno, Italy                       |       |              |       |             |       |              |       |                |       |                |       |
| BASF Intertrade AG                          |       | 100.0             |       | 100.0            |       | 63.6              |       | 49.6                |       | USD                 |       |
| Zug, Switzerland                            |       |              |       |             |       |              |       |                |       |                |       |
| BASF IT Services B.V.                       |       | 100.0             |       | 100.0            |       | 92.9              |       | 0.9                 |       | EUR                 |       |
| Arnhem, the Netherlands                     |       |              |       |             |       |              |       |                |       |                |       |
| BASF Italia SpA                             |       | 100.0             |       |             |       | 54.3              |       | 7.1                 |       | EUR                 |       |
| Cesano Maderno, Italy                       |       |              |       |             |       |              |       |                |       |                |       |
| BASF Malta Holding Ltd.                     |       | 100.0             |       |             |       | —            |       | —              |       | EUR                 |       |
| St. Julians, Malta                          |       |              |       |             |       |              |       |                |       |                |       |
| BASF Malta Ltd.                             |       | 100.0             |       | 99.99            |       | 5,070.7           |       | 70.7                |       | EUR                 |       |
| St. Julians, Malta                          |       |              |       |             |       |              |       |                |       |                |       |
| BASF Nederland B.V.                         |       | 100.0             |       | 100.0            |       | 1,665.8           |       | 129.9               |       | EUR                 |       |
| Arnhem, the Netherlands                     |       |              |       |             |       |              |       |                |       |                |       |
| BASF Austria GmbH                           |       | 100.0             |       | 1.0              |       | 19.3              |       | 2.2                 |       | EUR                 |       |
| Vienna, Austria                             |       |              |       |             |       |              |       |                |       |                |       |
| BASF Operations B.V.                        |       | 100.0             |       |             |       | 88.1              |       | 65.4                |       | EUR                 |       |
| Arnhem, the Netherlands                     |       |              |       |             |       |              |       |                |       |                |       |
| BASF Orgamol Pharma Solutions France S.A.S. |       | 100.0             |       |             |       | 33.1              |       | (1.6                | )          | EUR                 |       |
| Saint-Vulbas, France                        |       |              |       |             |       |              |       |                |       |                |       |
| BASF Orgamol Pharma  Solutions S.A.         |       | 100.0             |       |             |       | 263.1             |       | (3.3                | )          | CHF                 |       |
| Evionnaz, Switzerland                       |       |              |       |             |       |              |       |                |       |                |       |
| BASF Oy                                     |       | 100.0             |       | 100.0            |       | 16.8              |       | (0.9                | )          | EUR                 |       |
| Helsinki, Finland                           |       |              |       |             |       |              |       |                |       |                |       |
| BASF plc                                    |       | 100.0             |       |             |       | 91.6              |       | 10.0                |       | GBP                 |       |
| Cheadle, United Kingdom                     |       |              |       |             |       |              |       |                |       |                |       |
| BASF Polska Sp. z.o.o.                      |       | 100.0             |       | 100.0            |       | 121.3             |       | 19.5                |       | PLN                 |       |
| Warsaw, Poland                              |       |              |       |             |       |              |       |                |       |                |       |
| BASF Resins B.V.                            |       | 100.0             |       |             |       | 96.9              |       | (0.9                | )          | EUR                 |       |
| Nijehaske, the Netherlands                  |       |              |       |             |       |              |       |                |       |                |       |
| BASF Schweiz AG                             |       | 100.0             |       | 100.0            |       | 25.9              |       | 5.6                 |       | CHF                 |       |
| Wädenswil, Switzerland                 |       |              |       |             |       |              |       |                |       |                |       |

 

7

----

 
|                                                          | ** ** | ** **        | ** ** | ** **       | ** ** | **Stock-**        | ** ** | ** **          | ** ** | ** **          | ** ** |
|----------------------------------------------------------|------------|-------------------|------------|------------------|------------|-------------------|------------|---------------------|------------|---------------------|------------|
| ** **                                               | ** ** | **Participating** | ** ** | **Thereof**      | ** ** | **holders’** | ** ** | ** **          | ** ** | ** **          | ** ** |
| **Company and headquarters**                   | ** ** | **interest**      | ** ** | **BASF AG** | ** ** | **equity**        | ** ** | **Net income** | ** ** | **Currency**        | ** ** |
| ** **                                               | ** ** | **(%)**           | ** ** | **(%)**          | ** ** | **(millions)**    | ** ** | **(millions)**      | ** ** | **(ISO code)** | ** ** |
|                                                     |       |              |       |             |       |              |       |                |       |                |       |
| BASF Sonatrach PropanChem  S.A.                          |       | 51.0              |       |             |       | 101.6             |       | 26.7                |       | EUR                 |       |
| Tarragona, Spain                                         |       |              |       |             |       |              |       |                |       |                |       |
| BASF Stavebné hmoty Slovensko s.r.o.                |       | 100.0             |       |             |       | 108.3             |       | 27.5                |       | SKK                 |       |
| Zilina, Slovakia                                         |       |              |       |             |       |              |       |                |       |                |       |
| BASF Stavebni hmoty Ceská  republika s.r.o.         |       | 100.0             |       |             |       | 390.2             |       | 42.8                |       | CZK                 |       |
| Chrudim, Czech Republic                                  |       |              |       |             |       |              |       |                |       |                |       |
| BASF Taiwan B.V.                                         |       | 100.0             |       |             |       | 48.4              |       | 0.0                 |       | EUR                 |       |
| Arnhem, the Netherlands                                  |       |              |       |             |       |              |       |                |       |                |       |
| BASF Türk Kimya Sanayi ve  Ticaret Ltd. Sti.        |       | 100.0             |       | 99.0             |       | 44.5              |       | 5.2                 |       | TRY                 |       |
| Istanbul, Turkey                                         |       |              |       |             |       |              |       |                |       |                |       |
| BASF UK Holdings Ltd.                                    |       | 100.0             |       | 100.0            |       | 30.8              |       | 15.8                |       | GBP                 |       |
| Cheadle, United Kingdom                                  |       |              |       |             |       |              |       |                |       |                |       |
| BASF Yapi Kimyasallari  Sanayi Anonim Sirketi            |       | 100.0             |       |             |       | 45.2              |       | 5.8                 |       | TRY                 |       |
| Istanbul, Turkey                                         |       |              |       |             |       |              |       |                |       |                |       |
| CropDesign N.V.                                          |       | 100.0             |       |             |       | 73.4              |       | 4.6                 |       | EUR                 |       |
| Gent, Belgium                                            |       |              |       |             |       |              |       |                |       |                |       |
| Elastogran France S.A.S.                                 |       | 100.0             |       |             |       | 4.5               |       | 0.0                 |       | EUR                 |       |
| Mitry-Mory, France                                       |       |              |       |             |       |              |       |                |       |                |       |
| Elastogran Italia SpA                                    |       | 100.0             |       |             |       | 24.7              |       | 2.6                 |       | EUR                 |       |
| Villanova d’Asti, Italy                             |       |              |       |             |       |              |       |                |       |                |       |
| Elastogran Poliürethan  Sanayi ve Ticaret Ltd. Sti. |       | 100.0             |       |             |       | 8.7               |       | (0.3                | )          | TRY                 |       |
| Pendik-Istanbul, Turkey                                  |       |              |       |             |       |              |       |                |       |                |       |
| Elastogran S.A.                                          |       | 100.0             |       |             |       | 5.6               |       | 2.4                 |       | EUR                 |       |
| Barcelona, Spain                                         |       |              |       |             |       |              |       |                |       |                |       |
| Elastogran U.K. Ltd.                                     |       | 100.0             |       |             |       | 3.0               |       | 0.9                 |       | GBP                 |       |
| Alfreton, United Kingdom                                 |       |              |       |             |       |              |       |                |       |                |       |
| Engelhard Europe Finance Ltd.                            |       | 100.0             |       |             |       | 80.6              |       | 1.8                 |       | GBP                 |       |
| London, United Kingdom                                   |       |              |       |             |       |              |       |                |       |                |       |
| Engelhard Investment Europe  B.V.                        |       | 100.0             |       |             |       | 142.0             |       | 66.1                |       | EUR                 |       |
| DeMeern, the Netherlands                                 |       |              |       |             |       |              |       |                |       |                |       |
| Engelhard Catalyst Center Tarragona, S.L.                |       | 100.0             |       |             |       | 32.4              |       | (1.7                | )          | EUR                 |       |
| Tarragona, Spain                                         |       |              |       |             |       |              |       |                |       |                |       |
| Engelhard DeMeern BV                                     |       | 100.0             |       |             |       | 135.2             |       | (1.8                | )          | EUR                 |       |
| DeMeern, the Netherlands                                 |       |              |       |             |       |              |       |                |       |                |       |
| Engelhard Europe Holdings Ltd.                           |       | 100.0             |       |             |       | 185.9             |       | 159.2               |       | GBP                 |       |
| London, United Kingdom                                   |       |              |       |             |       |              |       |                |       |                |       |
| Engelhard Holdings France  S.A.S.                        |       | 100.0             |       |             |       | 34.2              |       | (0.5                | )          | EUR                 |       |
| Lyon, France                                             |       |              |       |             |       |              |       |                |       |                |       |
| Engelhard International Ltd.                             |       | 100.0             |       |             |       | 56.0              |       | 0.4                 |       | GBP                 |       |
| London, United Kingdom                                   |       |              |       |             |       |              |       |                |       |                |       |
| Engelhard Italiana S.r.l.                                |       | 100.0             |       |             |       | 102.0             |       | 0.1                 |       | EUR                 |       |
| Rom, Italy                                               |       |              |       |             |       |              |       |                |       |                |       |
| Engelhard Limited                                        |       | 100.0             |       |             |       | 42.9              |       | (0.1                | )          | GBP                 |       |
| London, United Kingdom                                   |       |              |       |             |       |              |       |                |       |                |       |

 

8

----

 
|                                                        | ** ** | ** **        | ** ** | ** **       | ** ** | **Stock-**        | ** ** | ** **          | ** ** | ** **          | ** ** |
|--------------------------------------------------------|------------|-------------------|------------|------------------|------------|-------------------|------------|---------------------|------------|---------------------|------------|
| ** **                                             | ** ** | **Participating** | ** ** | **Thereof**      | ** ** | **holders’** | ** ** | ** **          | ** ** | ** **          | ** ** |
| **Company and headquarters**                 | ** ** | **interest**      | ** ** | **BASF AG** | ** ** | **equity**        | ** ** | **Net income** | ** ** | **Currency**        | ** ** |
| ** **                                             | ** ** | **(%)**           | ** ** | **(%)**          | ** ** | **(millions)**    | ** ** | **(millions)**      | ** ** | **(ISO code)** | ** ** |
|                                                   |       |              |       |             |       |              |       |                |       |                |       |
| Engelhard Lyon S.A.S.                                  |       | 100.0             |       |             |       | 21.0              |       | (0.2                | )          | EUR                 |       |
| Lyon, France                                           |       |              |       |             |       |              |       |                |       |                |       |
| Engelhard Metals AG                                    |       | 100.0             |       |             |       | 278.7             |       | 15.2                |       | EUR                 |       |
| Zug, Switzerland                                       |       |              |       |             |       |              |       |                |       |                |       |
| Engelhard Metals Ltd.                                  |       | 100.0             |       |             |       | 31.5              |       | 0.4                 |       | GBP                 |       |
| London, United Kingdom                                 |       |              |       |             |       |              |       |                |       |                |       |
| Engelhard Netherlands B.V.                             |       | 100.0             |       |             |       | 112.9             |       | (24.9               | )          | EUR                 |       |
| DeMeern, the Netherlands                               |       |              |       |             |       |              |       |                |       |                |       |
| Engelhard (NL) Finance C.V.                            |       | 100.0             |       |             |       | 83.0              |       | 1.9                 |       | EUR                 |       |
| DeMeern, the Netherlands                               |       |              |       |             |       |              |       |                |       |                |       |
| Engelhard Pigments & Additives EU B.V.             |       | 100.0             |       |             |       | 11.2              |       | 2.2                 |       | USD                 |       |
| Haarlem, the Netherlands                               |       |              |       |             |       |              |       |                |       |                |       |
| Engelhard Pigments Oy                                  |       | 100.0             |       |             |       | 13.7              |       | 0.5                 |       | EUR                 |       |
| Helsinki, Finland                                      |       |              |       |             |       |              |       |                |       |                |       |
| Engelhard S.A.                                         |       | 100.0             |       | 7.0              |       | 22.9              |       | 2.2                 |       | EUR                 |       |
| Paris, France                                          |       |              |       |             |       |              |       |                |       |                |       |
| Engelhard Sales Ltd.                                   |       | 100.0             |       |             |       | 9.2               |       | 0.0                 |       | GBP                 |       |
| Cinderford, United Kingdom                             |       |              |       |             |       |              |       |                |       |                |       |
| Engelhard S.r.l.                                       |       | 100.0             |       |             |       | 151.0             |       | (0.1                | )          | EUR                 |       |
| Rom, Italy                                             |       |              |       |             |       |              |       |                |       |                |       |
| Engelhard Terneuzen B.V.                               |       | 100.0             |       |             |       | (45.6             | )          | 0.2                 |       | EUR                 |       |
| Terneuzen, the Netherlands                             |       |              |       |             |       |              |       |                |       |                |       |
| Frank Wright Limited                                   |       | 100.0             |       |             |       | 10.4              |       | 1.0                 |       | GBP                 |       |
| Ashbourne, United Kingdom                              |       |              |       |             |       |              |       |                |       |                |       |
| Hoeka B.V.                                             |       | 100.0             |       |             |       | 1.8               |       | 0.4                 |       | EUR                 |       |
| Deurne, the Netherlands                                |       |              |       |             |       |              |       |                |       |                |       |
| Meges Boya Sanayi v e Ticaret A.S.                     |       | 75.46             |       |             |       | 3.6               |       | (2.8                | )          | TRY                 |       |
| Pendik – Istanbul, Turkey                         |       |              |       |             |       |              |       |                |       |                |       |
| PCI Bauprodukte AG                                     |       | 100.0             |       |             |       | 6.5               |       | 1.3                 |       | CHF                 |       |
| Zürich, Switzerland                               |       |              |       |             |       |              |       |                |       |                |       |
| Relius Coatings Nederland B.V.                         |       | 100.0             |       |             |       | (0.4              | )          | (0.2                | )          | EUR                 |       |
| Deurne, the Netherlands                                |       |              |       |             |       |              |       |                |       |                |       |
| Relius France S.A.S.                                   |       | 100.0             |       |             |       | 0.7               |       | 0.0                 |       | EUR                 |       |
| Ostwald, France                                        |       |              |       |             |       |              |       |                |       |                |       |
| Société Foncière et Industrielle S.A.S. |       | 92.9              |       |             |       | 7.5               |       | 0.1                 |       | EUR                 |       |
| Clermont de l’Oise, France                        |       |              |       |             |       |              |       |                |       |                |       |
| Wintershall Nederland-Group                            |       | 100.0             |       |             |       |              |       |                |       |                |       |
| Includes:                                              |       |              |       |             |       |              |       |                |       |                |       |
| Wintershall Dubai Petroleum  B.V.                      |       | 100.0             |       |             |       | 37.7              |       | 3.3                 |       | USD                 |       |
| Rijswijk, the Netherlands                              |       |              |       |             |       |              |       |                |       |                |       |
| Wintershall Nederland  B.V.                            |       | 100.0             |       |             |       | 407.3             |       | 5.7                 |       | EUR                 |       |
| Rijswijk, the  Netherlands                             |       |              |       |             |       |              |       |                |       |                |       |
| Wintershall Nederland  Transport and Trading B.V.      |       | 100.0             |       |             |       | 10.5              |       | 1.2                 |       | EUR                 |       |
| Rijswijk, the Netherlands                              |       |              |       |             |       |              |       |                |       |                |       |
| Wintershall Noordzee  B.V.                             |       | 100.0             |       |             |       | 735.0             |       | 124.4               |       | EUR                 |       |
| Rijswijk, the  Netherlands                             |       |              |       |             |       |              |       |                |       |                |       |

 

9

----

 
|                                            | ** ** | ** **        | ** ** | ** **       | ** ** | **Stock-**        | ** ** | ** **          | ** ** | ** **          | ** ** |
|--------------------------------------------|------------|-------------------|------------|------------------|------------|-------------------|------------|---------------------|------------|---------------------|------------|
| ** **                                 | ** ** | **Participating** | ** ** | **Thereof**      | ** ** | **holders’** | ** ** | ** **          | ** ** | ** **          | ** ** |
| **Company and headquarters**     | ** ** | **interest**      | ** ** | **BASF AG** | ** ** | **equity**        | ** ** | **Net income** | ** ** | **Currency**        | ** ** |
| ** **                                 | ** ** | **(%)**           | ** ** | **(%)**          | ** ** | **(millions)**    | ** ** | **(millions)**      | ** ** | **(ISO code)** | ** ** |
|                                       |       |              |       |             |       |              |       |                |       |                |       |
| Wintershall Oil AG                         |       | 100.0             |       |             |       | 12.3              |       | 8.4                 |       | USD                 |       |
| Zug, Switzerland                           |       |              |       |             |       |              |       |                |       |                |       |
| Wintershall Petroleum (E&P) B.V.       |       | 100.0             |       |             |       | 170.7             |       | 63.6                |       | USD                 |       |
| Rijswijk, the Netherlands                  |       |              |       |             |       |              |       |                |       |                |       |
| ZAO BASF                                   |       | 100.0             |       | 100.0            |       | 25.1              |       | 3.2                 |       | EUR                 |       |
| Moscow, Russian Federation                 |       |              |       |             |       |              |       |                |       |                |       |
|                                       |       |              |       |             |       |              |       |                |       |                |       |
| **North  America (NAFTA)**                 |       |              |       |             |       |              |       |                |       |                |       |
|                                       |       |              |       |             |       |              |       |                |       |                |       |
| BASFIN Corporation                         |       | 100.0             |       | 100.0            |       | 3,315.3           |       | 220.2               |       | USD                 |       |
| Florham Park, New Jersey                   |       |              |       |             |       |              |       |                |       |                |       |
| BASF Americas Corporation Group            |       | 100.0             |       |             |       |              |       |                |       |                |       |
| Includes:                                  |       |              |       |             |       |              |       |                |       |                |       |
| BASF AgGenetics LLC                        |       | 100.0             |       |             |       | (2.5              | )          | 0.4                 |       | USD                 |       |
| Research Triangle Park,  North Carolina    |       |              |       |             |       |              |       |                |       |                |       |
| BASF Americas Corporation                  |       | 100.0             |       |             |       | 3,317.9           |       | 122.6               |       | USD                 |       |
| Florham Park, New Jersey                   |       |              |       |             |       |              |       |                |       |                |       |
| BASF Canada Inc.                           |       | 100.0             |       | 100.0            |       | 234.0             |       | 42.2                |       | CAD                 |       |
| Mississauga, Ontario,  Canada              |       |              |       |             |       |              |       |                |       |                |       |
| BASF Corporation                           |       | 100.0             |       |             |       | 2,300.8           |       | 446.6               |       | USD                 |       |
| Florham Park, New Jersey                   |       |              |       |             |       |              |       |                |       |                |       |
| BASF Fina  Petrochemicals Ltd. Partnership |       | 60.0              |       |             |       | 360.4             |       | 209.2               |       | USD                 |       |
| Porth Arthur, Texas                        |       |              |       |             |       |              |       |                |       |                |       |
| BASF Finance Canada Inc.                   |       | 100.0             |       |             |       | 382.1             |       | 14.6                |       | CAD                 |       |
| Vancouver, Canada                          |       |              |       |             |       |              |       |                |       |                |       |
| BASF Intertrade  Corporation               |       | 100.0             |       |             |       | 0.9               |       | 0.9                 |       | USD                 |       |
| Houston, Texas                             |       |              |       |             |       |              |       |                |       |                |       |
| BASF Pipeline Holdings LLC                 |       | 100.0             |       |             |       | 13.3              |       | 0.9                 |       | USD                 |       |
| Houston, Texas                             |       |              |       |             |       |              |       |                |       |                |       |
| BASF Polyurethane Foam  Enterprises LLC    |       | 100.0             |       |             |       | 50.0              |       | 4.8                 |       | USD                 |       |
| Plymouth, Minnesota                        |       |              |       |             |       |              |       |                |       |                |       |
| BASF Plant Science Holding’s  Inc.    |       | 100.0             |       |             |       | 0.1               |       | 0.0                 |       | USD                 |       |
| Florham Park, New Jersey                   |       |              |       |             |       |              |       |                |       |                |       |
| BASF Plant Science LLC                     |       | 100.0             |       |             |       | (38.3             | )          | (8.0                | )          | USD                 |       |
| Florham Park, New  Jersey                  |       |              |       |             |       |              |       |                |       |                |       |
| BASF Properties Inc.                       |       | 100.0             |       |             |       | 5.2               |       | 0.1                 |       | CAD                 |       |
| Toronto, Ontario, Canada                   |       |              |       |             |       |              |       |                |       |                |       |
| BASF Sparks LLC                            |       | 100.0             |       |             |       | 154.0             |       | 40.1                |       | USD                 |       |
| Rockaway, New Jersey                       |       |              |       |             |       |              |       |                |       |                |       |
| BodyShopmall.com Inc.                      |       | 100.0             |       |             |       | 0.6               |       | 0.7                 |       | CAD                 |       |
| Toronto, Ontario, Canada                   |       |              |       |             |       |              |       |                |       |                |       |
| BT Propylene LLC                           |       | 60.0              |       |             |       | 16.8              |       | 1.0                 |       | USD                 |       |
| Florham Park, New  Jersey                  |       |              |       |             |       |              |       |                |       |                |       |
| Lumerica Insurance Company                 |       | 100.0             |       |             |       | 73.6              |       | 5.3                 |       | USD                 |       |
| Florham Park, New Jersey                   |       |              |       |             |       |              |       |                |       |                |       |

 

10

----

 
|                                                  | ** ** | ** **        | ** ** | ** **       | ** ** | **Stock-**        | ** ** | ** **          | ** ** | ** **          | ** ** |
|--------------------------------------------------|------------|-------------------|------------|------------------|------------|-------------------|------------|---------------------|------------|---------------------|------------|
| ** **                                       | ** ** | **Participating** | ** ** | **Thereof**      | ** ** | **holders’** | ** ** | ** **          | ** ** | ** **          | ** ** |
| **Company and headquarters**           | ** ** | **interest**      | ** ** | **BASF AG** | ** ** | **equity**        | ** ** | **Net income** | ** ** | **Currency**        | ** ** |
| ** **                                       | ** ** | **(%)**           | ** ** | **(%)**          | ** ** | **(millions)**    | ** ** | **(millions)**      | ** ** | **(ISO code)** | ** ** |
|                                             |       |              |       |             |       |              |       |                |       |                |       |
| MTO Realty Holdings LLC                          |       | 100.0             |       |             |       | 0.0               |       | 0.0                 |       | USD                 |       |
| Florham Park, New Jersey                         |       |              |       |             |       |              |       |                |       |                |       |
| Thousand Springs Trout Farms Inc.                |       | 100.0             |       |             |       | 0.0               |       | 0.0                 |       | USD                 |       |
| Wilmington, Delaware                             |       |              |       |             |       |              |       |                |       |                |       |
| Tradewinds Chemicals  Corporation                |       | 100.0             |       |             |       | 370.6             |       | 90.6                |       | USD                 |       |
| Florham Park, New Jersey                         |       |              |       |             |       |              |       |                |       |                |       |
| BASF de Mexico Group                             |       | 100.0             |       |             |       |              |       |                |       |                |       |
| Includes:                                        |       |              |       |             |       |              |       |                |       |                |       |
| BASF de Mexico S.A. de  C.V.                     |       | 100.0             |       | 99.99            |       | 193.0             |       | (9.8                | )          | USD                 |       |
| Mexico, D.F., Mexico                             |       |              |       |             |       |              |       |                |       |                |       |
| BASF Interservicos S.A. de  C.V.                 |       | 100.0             |       | 0.01             |       | (3.3              | )          | 0.0                 |       | USD                 |       |
| Mexico, D.F., Mexico                             |       |              |       |             |       |              |       |                |       |                |       |
| BASF Mexicana S.A. de  C.V.                      |       | 99.99             |       |             |       | 178.0             |       | (16.7               | )          | USD                 |       |
| Mexico, D.F., Mexico                             |       |              |       |             |       |              |       |                |       |                |       |
| BASF Catalyst Canada ULC                         |       | 100.0             |       |             |       | 1,091.5           |       | 345.3               |       | CAD                 |       |
| Markham, Ontario, Canada                         |       |              |       |             |       |              |       |                |       |                |       |
| BASF Catalyst Holding LLC                        |       | 100.0             |       |             |       | 5,836.8           |       | (2.6                | )          | USD                 |       |
| Wilmington, Delaware                             |       |              |       |             |       |              |       |                |       |                |       |
| BASF Catalyst LLC                                |       | 100.0             |       |             |       | 2,287.2           |       | 1,301.2             |       | USD                 |       |
| Iselin, New Jersey                               |       |              |       |             |       |              |       |                |       |                |       |
| BASF Construction Chemicals Canada, Ltd.         |       | 100.0             |       |             |       | 10.4              |       | 6.5                 |       | CAD                 |       |
| Mississauga, Ontario, Canada                     |       |              |       |             |       |              |       |                |       |                |       |
| BASF Construction Chemicals,  LLC                |       | 100.0             |       |             |       | 507.0             |       | 1.3                 |       | USD                 |       |
| Cleveland, Ohio                                  |       |              |       |             |       |              |       |                |       |                |       |
| BASF Construction Chemicals Mexico, S.A. de C.V. |       | 99.99             |       |             |       | 246.8             |       | 23.6                |       | MXN                 |       |
| Toluca, Edo de México, Mexico               |       |              |       |             |       |              |       |                |       |                |       |
| BVI Sub, Inc.                                    |       | 100.0             |       |             |       | 30.5              |       | 0.1                 |       | USD                 |       |
| Florham Park, New Jersey                         |       |              |       |             |       |              |       |                |       |                |       |
| EC Delaware Inc.                                 |       | 100.0             |       |             |       | 1,252.8           |       | (28.9               | )          | USD                 |       |
| Wilmington, Delaware                             |       |              |       |             |       |              |       |                |       |                |       |
| Engelhard Aluminas Inc.                          |       | 100.0             |       |             |       | 58.9              |       | 1.9                 |       | USD                 |       |
| Port Jefferson &  Vidalia, LA                |       |              |       |             |       |              |       |                |       |                |       |
| Engelhard Asia Pacific LLC                       |       | 100.0             |       |             |       | (7.3              | )          | (7.3                | )          | USD                 |       |
| New Castle, Delaware                             |       |              |       |             |       |              |       |                |       |                |       |
| Engelhard EAP Holdings LLC                       |       | 100.0             |       |             |       | (44.8             | )          | 0.0                 |       | USD                 |       |
| Iselin, New Jersey                               |       |              |       |             |       |              |       |                |       |                |       |
| Engelhard Equity Corp.                           |       | 100.0             |       |             |       | (2.1              | )          | (0.1                | )          | USD                 |       |
| Iselin, New Jersey                               |       |              |       |             |       |              |       |                |       |                |       |
| Engelhard Financial Corp.                        |       | 100.0             |       |             |       | 80.1              |       | 62.5                |       | USD                 |       |
| Iselin, New Jersey                               |       |              |       |             |       |              |       |                |       |                |       |
| Engelhard Long Island Inc.                       |       | 100.0             |       |             |       | 46.2              |       | (0.6                | )          | USD                 |       |
| Stony Brook, New York                            |       |              |       |             |       |              |       |                |       |                |       |
| Engelhard Metals Holding  Company                |       | 100.0             |       |             |       | 20.2              |       | —              |       | USD                 |       |
| Iselin, New Jersey                               |       |              |       |             |       |              |       |                |       |                |       |

 

11

----

 
|                                                | ** ** | ** **        | ** ** | ** **       | ** ** | **Stock-**        | ** ** | ** **          | ** ** | ** **          | ** ** |
|------------------------------------------------|------------|-------------------|------------|------------------|------------|-------------------|------------|---------------------|------------|---------------------|------------|
| ** **                                     | ** ** | **Participating** | ** ** | **Thereof**      | ** ** | **holders’** | ** ** | ** **          | ** ** | ** **          | ** ** |
| **Company and headquarters**         | ** ** | **interest**      | ** ** | **BASF AG** | ** ** | **equity**        | ** ** | **Net income** | ** ** | **Currency**        | ** ** |
| ** **                                     | ** ** | **(%)**           | ** ** | **(%)**          | ** ** | **(millions)**    | ** ** | **(millions)**      | ** ** | **(ISO code)** | ** ** |
|                                           |       |              |       |             |       |              |       |                |       |                |       |
| Engelhard Mexicana S.A. de  C.V.               |       | 100.0             |       |             |       | 14.2              |       | 2.0                 |       | USD                 |       |
| Tlalnepantla, Edo de México,  Mexico      |       |              |       |             |       |              |       |                |       |                |       |
| Engelhard PM LP                                |       | 100.0             |       |             |       | 131.4             |       | —              |       | USD                 |       |
| Iselin, New Jersey                             |       |              |       |             |       |              |       |                |       |                |       |
| Engelhard Pollution Control                    |       | 100.0             |       |             |       | 11.9              |       | —              |       | USD                 |       |
| Iselin, New Jersey                             |       |              |       |             |       |              |       |                |       |                |       |
| Engelhard Supply Corp.                         |       | 100.0             |       |             |       | 31.4              |       | —              |       | USD                 |       |
| Iselin, New Jersey                             |       |              |       |             |       |              |       |                |       |                |       |
| Engelhard West Inc.                            |       | 100.0             |       |             |       | 120.4             |       | 9.6                 |       | USD                 |       |
| Iselin, New Jersey                             |       |              |       |             |       |              |       |                |       |                |       |
| Oliver Warehouse Inc.                          |       | 100.0             |       |             |       | —            |       | —              |       | USD                 |       |
| Iselin, New Jersey                             |       |              |       |             |       |              |       |                |       |                |       |
| Transpharm Inc.                                |       | 100.0             |       |             |       | —            |       | —              |       | USD                 |       |
| New Jersey                                     |       |              |       |             |       |              |       |                |       |                |       |
| Watson Bowman Acme Corp.                       |       | 100.0             |       |             |       | 6.6               |       | 1.4                 |       | USD                 |       |
| New York, New York                             |       |              |       |             |       |              |       |                |       |                |       |
|                                           |       |              |       |             |       |              |       |                |       |                |       |
| **Asia Pacific**                               |       |              |       |             |       |              |       |                |       |                |       |
| ** **                                     |       |              |       |             |       |              |       |                |       |                |       |
| BASF (China) Company Ltd.                      |       | 100.0             |       | 100.0            |       | 1,348.1           |       | 6.8                 |       | CNY                 |       |
| Shanghai, China                                |       |              |       |             |       |              |       |                |       |                |       |
| BASF Agro Ltd.                                 |       | 100.0             |       |             |       | 756.0             |       | 777.0               |       | JPY                 |       |
| Tokyo, Japan                                   |       |              |       |             |       |              |       |                |       |                |       |
| BASF Asia Pacific Service Centre Sdn. Bhd.     |       | 100.0             |       |             |       | 20.6              |       | (22.6               | )          | MYR                 |       |
| Petaling Jaya, Malaysia                        |       |              |       |             |       |              |       |                |       |                |       |
| BASF (Malaysia) Sdn. Bhd.                      |       | 100.0             |       |             |       | 194.4             |       | 51.5                |       | MYR                 |       |
| Petaling Jaya, Malaysia                        |       |              |       |             |       |              |       |                |       |                |       |
| BASF (Thai) Ltd.                               |       | 99.99             |       | 99.99            |       | 964.7             |       | 198.1               |       | THB                 |       |
| Bangkok, Thailand                              |       |              |       |             |       |              |       |                |       |                |       |
| BASF Australia Ltd.                            |       | 100.0             |       | 100.0            |       | 53.9              |       | 8.2                 |       | AUD                 |       |
| Melbourne, Victoria,  Australia                |       |              |       |             |       |              |       |                |       |                |       |
| BASF Auxiliary Chemicals Company Ltd.          |       | 100.0             |       |             |       | 1,632.0           |       | 156.9               |       | CNY                 |       |
| Shanghai, China                                |       |              |       |             |       |              |       |                |       |                |       |
| BASF Chemicals Company Ltd.                    |       | 100.0             |       |             |       | (2,164.2          | )          | (2,342.7            | )          | CNY                 |       |
| Shanghai, China                                |       |              |       |             |       |              |       |                |       |                |       |
| BASF China Limited                             |       | 100.0             |       | 100.0            |       | 364.8             |       | 200.9               |       | HKD                 |       |
| Hong Kong, China                               |       |              |       |             |       |              |       |                |       |                |       |
| BASF Coatings Austral. Pty  Ltd.               |       | 100.0             |       |             |       | 12.0              |       | 1.2                 |       | AUD                 |       |
| Sydney, New South Wales,  Australia            |       |              |       |             |       |              |       |                |       |                |       |
| BASF Coatings Japan Ltd.                       |       | 100.0             |       |             |       | 20,221.0          |       | 66.0                |       | JPY                 |       |
| Kanagawa, Japan                                |       |              |       |             |       |              |       |                |       |                |       |
| BASF Company Ltd.                              |       | 100.0             |       |             |       | 911,980.0         |       | 170,578.0           |       | KRW                 |       |
| Seoul, South Korea                             |       |              |       |             |       |              |       |                |       |                |       |
| BASF Construction Chemicals Australia Pty Ltd. |       | 100.0             |       |             |       | 24.1              |       | 2.7                 |       | AUD                 |       |
| Sydney, New South Wales, Australia             |       |              |       |             |       |              |       |                |       |                |       |

 

12

----

 
|                                                     | ** ** | ** **        | ** ** | ** **       | ** ** | **Stock-**        | ** ** | ** **          | ** ** | ** **          | ** ** |
|-----------------------------------------------------|------------|-------------------|------------|------------------|------------|-------------------|------------|---------------------|------------|---------------------|------------|
| ** **                                          | ** ** | **Participating** | ** ** | **Thereof**      | ** ** | **holders’** | ** ** | ** **          | ** ** | ** **          | ** ** |
| **Company and headquarters**              | ** ** | **interest**      | ** ** | **BASF AG** | ** ** | **equity**        | ** ** | **Net income** | ** ** | **Currency**        | ** ** |
| ** **                                          | ** ** | **(%)**           | ** ** | **(%)**          | ** ** | **(millions)**    | ** ** | **(millions)**      | ** ** | **(ISO code)** | ** ** |
|                                                |       |              |       |             |       |              |       |                |       |                |       |
| BASF Construction Chemicals  (Hong Kong) Limited    |       | 100.0             |       |             |       | 12.9              |       | 0.6                 |       | HKD                 |       |
| Tsuen Wan, China                                    |       |              |       |             |       |              |       |                |       |                |       |
| BASF Construction Chemicals (India) Private Ltd.    |       | 100.0             |       |             |       | 179.7             |       | 22.9                |       | INR                 |       |
| Turbhe, Navi Mumbai, India                          |       |              |       |             |       |              |       |                |       |                |       |
| BASF Construction Chemicals  (Korea) Ltd.           |       | 100.0             |       |             |       | 3,089.0           |       | (1,202.0            | )          | KRW                 |       |
| Kyunggi, South Korea                                |       |              |       |             |       |              |       |                |       |                |       |
| BASF Construction Chemicals Malaysia Sdn. Bhd.      |       | 100.0             |       |             |       | 2.6               |       | (4.9                | )          | MYR                 |       |
| Klang-Selangor Darul Ehsan, Malaysia                |       |              |       |             |       |              |       |                |       |                |       |
| BASF Construction Chemicals  Singapore Pte. Ltd.    |       | 100.0             |       |             |       | 8.5               |       | (0.2                | )          | SGD                 |       |
| Singapore                                           |       |              |       |             |       |              |       |                |       |                |       |
| BASF Construction Chemicals (Taiwan) Ltd.           |       | 100.0             |       |             |       | 34.4              |       | (3.8                | )          | TWD                 |       |
| Nanton, Taiwan R.O.C.                               |       |              |       |             |       |              |       |                |       |                |       |
| BASF Construction Chemicals  (Thailand) Ltd.        |       | 99.96             |       |             |       | (50.4             | )          | (29.9               | )          | THB                 |       |
| Bangkok, Thailand                                   |       |              |       |             |       |              |       |                |       |                |       |
| BASF Construction Chemicals Holding (Thailand) Ltd. |       | 49.0              | *          |             |       | (0.1              | )          | (0.2                | )          | THB                 |       |
| Bangkok, Thailand                                   |       |              |       |             |       |              |       |                |       |                |       |
| BASF Construction Systems  Co., Ltd.                |       | 100.0             |       |             |       | 493.0             |       | 58.0                |       | JPY                 |       |
| Tokyo, Japan                                        |       |              |       |             |       |              |       |                |       |                |       |
| BASF East Asia Regional Headquarters Limited        |       | 100.0             |       | 100.0            |       | 81.2              |       | 24.7                |       | HKD                 |       |
| Hong Kong, China                                    |       |              |       |             |       |              |       |                |       |                |       |
| BASF Electronic Materials  Pte. Ltd.                |       | 100.0             |       |             |       | 4.7               |       | (0.5                | )          | SGD                 |       |
| Singapore                                           |       |              |       |             |       |              |       |                |       |                |       |
| BASF Electronic Materials Sdn. Bhd.                 |       | 100.0             |       | 100.0            |       | 13.8              |       | 1.5                 |       | MYR                 |       |
| Petaling Jaya, Malaysia                             |       |              |       |             |       |              |       |                |       |                |       |
| BASF Electronic Materials  Taiwan Ltd.              |       | 100.0             |       |             |       | 2,404.8           |       | 330.5               |       | TWD                 |       |
| Taoyuan, Taiwan R.O.C.                              |       |              |       |             |       |              |       |                |       |                |       |
| BASF Idemitsu Co. Ltd.                              |       | 67.0              |       | 67.0             |       | 2,538.0           |       | 970.0               |       | JPY                 |       |
| Tokyo, Japan                                        |       |              |       |             |       |              |       |                |       |                |       |
| BASF India Ltd.                                     |       | 52.7              |       | 52.7             |       | 3,193.2           |       | 533.3               |       | INR                 |       |
| Mumbai, India                                       |       |              |       |             |       |              |       |                |       |                |       |
| BASF Japan Ltd.                                     |       | 100.0             |       | 100.0            |       | 10,881.0          |       | 371.0               |       | JPY                 |       |
| Tokyo, Japan                                        |       |              |       |             |       |              |       |                |       |                |       |
| BASF JCIC Neopentylglycol  Company Ltd.             |       | 60.0              |       | 50.0             |       | 249.7             |       | 89.9                |       | CNY                 |       |
| Jilin City, China                                   |       |              |       |             |       |              |       |                |       |                |       |
| BASF New Zealand Ltd.                               |       | 100.0             |       | 100.0            |       | 9.2               |       | 1.6                 |       | NZD                 |       |
| Auckland, New Zealand                               |       |              |       |             |       |              |       |                |       |                |       |
| BASF Pakistan (Private) Ltd.                        |       | 51.0              |       | 51.0             |       | 357.2             |       | 125.8               |       | PKR                 |       |
| Karachi, Pakistan                                   |       |              |       |             |       |              |       |                |       |                |       |
| BASF Petronas Chemicals Sdn. Bhd.                   |       | 60.0              |       | 60.0             |       | 419.1             |       | 76.1                |       | USD                 |       |
| Petaling Jaya, Malaysia                             |       |              |       |             |       |              |       |                |       |                |       |
| BASF Philippines Inc.                               |       | 100.0             |       | 100.0            |       | 160.4             |       | 10.9                |       | PHP                 |       |
| Canlubang, Philippines                              |       |              |       |             |       |              |       |                |       |                |       |
| BASF Polyurethane Specialties (China) Co. Ltd.      |       | 100.0             |       | 10.0             |       | 170.7             |       | (18.0               | )          | CNY                 |       |
| Shanghai, China                                     |       |              |       |             |       |              |       |                |       |                |       |

 

----

* BASF exercises acontrolling influence over financial and corporate policy.

13

----

 
|                                                       | ** ** | ** **        | ** ** | ** **       | ** ** | **Stock-**        | ** ** | ** **          | ** ** | ** **          | ** ** |
|-------------------------------------------------------|------------|-------------------|------------|------------------|------------|-------------------|------------|---------------------|------------|---------------------|------------|
| ** **                                            | ** ** | **Participating** | ** ** | **Thereof**      | ** ** | **holders’** | ** ** | ** **          | ** ** | ** **          | ** ** |
| **Company and headquarters**                | ** ** | **interest**      | ** ** | **BASF AG** | ** ** | **equity**        | ** ** | **Net income** | ** ** | **Currency**        | ** ** |
| ** **                                            | ** ** | **(%)**           | ** ** | **(%)**          | ** ** | **(millions)**    | ** ** | **(millions)**      | ** ** | **(ISO code)** | ** ** |
|                                                  |       |              |       |             |       |              |       |                |       |                |       |
| BASF Polyurethanes (China)  Co. Ltd.                  |       | 100.0             |       | 10.0             |       | 70.8              |       | 17.2                |       | CNY                 |       |
| Panyu Guangdong, China                                |       |              |       |             |       |              |       |                |       |                |       |
| BASF Polyurethanes (Taiwan) Co. Ltd.                  |       | 100.0             |       | 100.0            |       | 178.9             |       | 88.8                |       | TWD                 |       |
| Hsinchu, Taiwan R.O.C.                                |       |              |       |             |       |              |       |                |       |                |       |
| BASF Resins Company Limited                           |       | 100.0             |       |             |       | 45.9              |       | 9.8                 |       | HKD                 |       |
| Hong Kong, China                                      |       |              |       |             |       |              |       |                |       |                |       |
| BASF Resins (Shanghai) Company Limited                |       | 100.0             |       |             |       | 83.6              |       | 13.7                |       | CNY                 |       |
| Shanghai, China                                       |       |              |       |             |       |              |       |                |       |                |       |
| BASF Services (Malaysia)  Sdn. Bhd.                   |       | 100.0             |       | 100.0            |       | 210.1             |       | (5.4                | )          | MYR                 |       |
| Petaling Jaya, Malaysia                               |       |              |       |             |       |              |       |                |       |                |       |
| BASF Shanghai Coatings Company Ltd.                   |       | 60.0              |       |             |       | 111.6             |       | 64.8                |       | CNY                 |       |
| Shanghai, China                                       |       |              |       |             |       |              |       |                |       |                |       |
| BASF Singapore Pte. Ltd.                              |       | 100.0             |       | 100.0            |       | 36.5              |       | 6.6                 |       | SGD                 |       |
| Singapore                                             |       |              |       |             |       |              |       |                |       |                |       |
| BASF South East Asia Pte. Ltd.                        |       | 100.0             |       | 100.0            |       | 538.7             |       | 51.0                |       | USD                 |       |
| Singapore                                             |       |              |       |             |       |              |       |                |       |                |       |
| BASF Styrenics Holding  Company                       |       | 100.0             |       | 100.0            |       | 39.4              |       | 0.0                 |       | USD                 |       |
| Port Louis, Mauritius                                 |       |              |       |             |       |              |       |                |       |                |       |
| BASF Styrenics Private Ltd.                           |       | 100.0             |       |             |       | 149.0             |       | (70.6               | )          | INR                 |       |
| Mumbai, India                                         |       |              |       |             |       |              |       |                |       |                |       |
| BASF Taiwan Ltd.                                      |       | 100.0             |       | 100.0            |       | 409.6             |       | 272.7               |       | TWD                 |       |
| Taipei, Taiwan R.O.C.                                 |       |              |       |             |       |              |       |                |       |                |       |
| BASF Trading (Shanghai) Co. Ltd.                      |       | 100.0             |       |             |       | 68.0              |       | (3.0                | )          | CNY                 |       |
| Shanghai, China                                       |       |              |       |             |       |              |       |                |       |                |       |
| BASF Vitamins Company Ltd.                            |       | 100.0             |       | 50.0             |       | 147.1             |       | (14.5               | )          | CNY                 |       |
| Shenyang, China                                       |       |              |       |             |       |              |       |                |       |                |       |
| Engelhard Asia Pacific (Hong Kong) Ltd.               |       | 100.0             |       |             |       | (1.9              | )          | (0.1                | )          | CNY                 |       |
| Hong Kong, China                                      |       |              |       |             |       |              |       |                |       |                |       |
| Engelhard Asia Pacific  (India) Pvt. Ltd.             |       | 100.0             |       |             |       | 152.5             |       | 4.7                 |       | INR                 |       |
| Mumbai, India                                         |       |              |       |             |       |              |       |                |       |                |       |
| Engelhard Asia Pacific Korea Ltd.                     |       | 100.0             |       | 21.21            |       | 18,284.0          |       | (582.0              | )          | KRW                 |       |
| Inchon, South Korea                                   |       |              |       |             |       |              |       |                |       |                |       |
| Engelhard Asia Pacific LLC                            |       | 100.0             |       |             |       | 127.0             |       | (49.0               | )          | JPY                 |       |
| Tokyo, Japan                                          |       |              |       |             |       |              |       |                |       |                |       |
| Engelhard Chemcat (Thailand) Ltd.                     |       | 76.84             |       |             |       | 757.6             |       | 104.4               |       | THB                 |       |
| Thailand                                              |       |              |       |             |       |              |       |                |       |                |       |
| Engelhard China Ltd.                                  |       | 100.0             |       | 21.0             |       | 201.8             |       | (131.0              | )          | CNY                 |       |
| Shanghai, China                                       |       |              |       |             |       |              |       |                |       |                |       |
| Engelhard Environmental Systems (India) Pvt. Ltd.     |       | 94.21             |       |             |       | 850.2             |       | 72.3                |       | INR                 |       |
| Chennai, India                                        |       |              |       |             |       |              |       |                |       |                |       |
| Engelhard Environmental  Technologies (Shanghai) Ltd. |       | 100.0             |       |             |       | 213.2             |       | 24.8                |       | CNY                 |       |
| Shanghai, China                                       |       |              |       |             |       |              |       |                |       |                |       |
| Engelhard Metals Japan Ltd.                           |       | 100.0             |       | 21.0             |       | 3,189.0           |       | 53.0                |       | JPY                 |       |
| Tokyo, Japan                                          |       |              |       |             |       |              |       |                |       |                |       |

 

14

----

 
|                                                         | ** ** | ** **        | ** ** | ** **       | ** ** | **Stock-**        | ** ** | ** **          | ** ** | ** **          | ** ** |
|---------------------------------------------------------|------------|-------------------|------------|------------------|------------|-------------------|------------|---------------------|------------|---------------------|------------|
| ** **                                              | ** ** | **Participating** | ** ** | **Thereof**      | ** ** | **holders’** | ** ** | ** **          | ** ** | ** **          | ** ** |
| **Company and headquarters**                  | ** ** | **interest**      | ** ** | **BASF AG** | ** ** | **equity**        | ** ** | **Net income** | ** ** | **Currency**        | ** ** |
| ** **                                              | ** ** | **(%)**           | ** ** | **(%)**          | ** ** | **(millions)**    | ** ** | **(millions)**      | ** ** | **(ISO code)** | ** ** |
|                                                    |       |              |       |             |       |              |       |                |       |                |       |
| Engelhard Performance  Technol. (Shanxi) Co. Ltd.       |       | 100.0             |       |             |       | (46.8             | )          | (4.8                | )          | CNY                 |       |
| Jingpin, China                                          |       |              |       |             |       |              |       |                |       |                |       |
| Engelhard Process Technologies (Nanjing) Co. Ltd.       |       | 100.0             |       |             |       | 62.0              |       | (9.4                | )          | CNY                 |       |
| Nanjing, China                                          |       |              |       |             |       |              |       |                |       |                |       |
| Hachiyo Consultant Co. Ltd.                             |       | 60.03             |       |             |       | 912.0             |       | (5.0                | )          | JPY                 |       |
| Tokyo, Japan                                            |       |              |       |             |       |              |       |                |       |                |       |
| NMB Co., Ltd. (Kabushiki Kaisha NMB)                    |       | 100.0             |       |             |       | 6,665.0           |       | 274.0               |       | JPY                 |       |
| Tokyo, Japan                                            |       |              |       |             |       |              |       |                |       |                |       |
| Pozzolith Bussan Co., Ltd.                              |       | 100.0             |       |             |       | 349.0             |       | (86.0               | )          | JPY                 |       |
| Tokyo, Japan                                            |       |              |       |             |       |              |       |                |       |                |       |
| P.T. BASF Construction Chemicals Indonesia              |       | 100.0             |       |             |       | 30,481.0          |       | 2,813.0             |       | JPY                 |       |
| Bekasi, Indonesia                                       |       |              |       |             |       |              |       |                |       |                |       |
| P.T. BASF Indonesia                                     |       | 97.0              |       | 97.0             |       | 288.3             |       | 58.1                |       | IDR                 |       |
| Jakarta, Indonesia                                      |       |              |       |             |       |              |       |                |       |                |       |
| Shanghai BASF Polyurethane Company                      |       | 70.0              |       |             |       | 1,476.1           |       | (55.2               | )          | CNY                 |       |
| Shanghai, China                                         |       |              |       |             |       |              |       |                |       |                |       |
| Shanghai Master Builders Co.  Ltd.                      |       | 100.0             |       |             |       | 3.5               |       | (24.5               | )          | CNY                 |       |
| Shanghai, China                                         |       |              |       |             |       |              |       |                |       |                |       |
| Taiko Shoji Ltd.                                        |       | 60.0              |       |             |       | 419.0             |       | 14.0                |       | JPY                 |       |
| Saitama, Japan                                          |       |              |       |             |       |              |       |                |       |                |       |
| Yangzi-BASF Styrenics Co.  Ltd.                         |       | 60.0              |       | 50.0             |       | 1,142.2           |       | 54.1                |       | CNY                 |       |
| Nanjing, China                                          |       |              |       |             |       |              |       |                |       |                |       |
|                                                    |       |              |       |             |       |              |       |                |       |                |       |
| **South  America, Africa, Middle East**                 |       |              |       |             |       |              |       |                |       |                |       |
|                                                    |       |              |       |             |       |              |       |                |       |                |       |
| BASF Argentina S.A.                                     |       | 99.9              |       |             |       | 276.7             |       | 99.1                |       | ARS                 |       |
| Buenos Aires, Argentina                                 |       |              |       |             |       |              |       |                |       |                |       |
| BASF S.A. Group                                         |       | 100.0             |       |             |       |              |       |                |       |                |       |
| Brazil                                                  |       |              |       |             |       |              |       |                |       |                |       |
| Includes:                                               |       |              |       |             |       |              |       |                |       |                |       |
| BASF S.A.                                               |       | 100.0             |       |             |       | 1,302.3           |       | 54.6                |       | BRL                 |       |
| São Paulo, Brazil                                  |       |              |       |             |       |              |       |                |       |                |       |
| BASF Poliuretanos Ltda.                                 |       | 100.0             |       |             |       | 59.9              |       | 2.8                 |       | BRL                 |       |
| Maua, Brazil                                            |       |              |       |             |       |              |       |                |       |                |       |
| BASF Chile S.A.                                         |       | 100.0             |       | 99.93            |       | 37.9              |       | 4.8                 |       | CLP                 |       |
| Santiago de Chile, Chile                                |       |              |       |             |       |              |       |                |       |                |       |
| BASF Construct. Chemicals  South Africa (Pty) Ltd.      |       | 100.0             |       |             |       | 5.6               |       | (4.3                | )          | ZAR                 |       |
| Westonaria, South Africa                                |       |              |       |             |       |              |       |                |       |                |       |
| BASF Construction Chemicals Brasil Indústria Ltda. |       | 100.0             |       |             |       | 19.5              |       | 0.9                 |       | BRL                 |       |
| São Paulo, Brazil                                  |       |              |       |             |       |              |       |                |       |                |       |
| BASF Construction Chemicals  UAE LLC                    |       | 49.0              | *          |             |       | 51.0              |       | 7.6                 |       | AED                 |       |
| Dubai, United Arab Emirates                             |       |              |       |             |       |              |       |                |       |                |       |
| BASF Construction Chemicals ORIA FZE                    |       | 100.0             |       |             |       | 31.6              |       | 5.3                 |       | AED                 |       |
| Dubai, United Arab Emirates                             |       |              |       |             |       |              |       |                |       |                |       |
| BASF de Costa Rica S.A.                                 |       | 100.0             |       | 100.0            |       | 6,713.2           |       | 2,221.0             |       | CRC                 |       |
| San José, Costa Rica                               |       |              |       |             |       |              |       |                |       |                |       |

 

----

* BASF exercises acontrolling influence over financial and corporate policy

15

----

 
|                                                   | ** ** | ** **        | ** ** | ** **       | ** ** | **Stock-**        | ** ** | ** **          | ** ** | ** **          | ** ** |
|---------------------------------------------------|------------|-------------------|------------|------------------|------------|-------------------|------------|---------------------|------------|---------------------|------------|
| ** **                                        | ** ** | **Participating** | ** ** | **Thereof**      | ** ** | **holders’** | ** ** | ** **          | ** ** | ** **          | ** ** |
| **Company and headquarters**            | ** ** | **interest**      | ** ** | **BASF AG** | ** ** | **equity**        | ** ** | **Net income** | ** ** | **Currency**        | ** ** |
| ** **                                        | ** ** | **(%)**           | ** ** | **(%)**          | ** ** | **(millions)**    | ** ** | **(millions)**      | ** ** | **(ISO code)** | ** ** |
|                                              |       |              |       |             |       |              |       |                |       |                |       |
| BASF FZE                                          |       | 100.0             |       | 100.0            |       | 9.3               |       | 8.3                 |       | AED                 |       |
| Dubai, United Arab Emirates                       |       |              |       |             |       |              |       |                |       |                |       |
| BASF Industrial & Participaciones Chile Ltda. |       | 100.0             |       |             |       | 4.5               |       | 0.7                 |       | CLP                 |       |
| Santiago de Chile, Chile                          |       |              |       |             |       |              |       |                |       |                |       |
| BASF Peruana S.A.                                 |       | 99.79             |       | 99.79            |       | 44.4              |       | 14.6                |       | PEN                 |       |
| Lima, Peru                                        |       |              |       |             |       |              |       |                |       |                |       |
| BASF Quimica Colombiana S.A.                      |       | 100.0             |       | 100.0            |       | 82.4              |       | 22.5                |       | COP                 |       |
| Bogota, Colombia                                  |       |              |       |             |       |              |       |                |       |                |       |
| BASF South Africa (Pty.)  Ltd.                    |       | 100.0             |       | 100.0            |       | 202.1             |       | 28.5                |       | ZAR                 |       |
| Halfway House, South Africa                       |       |              |       |             |       |              |       |                |       |                |       |
| Engelhard do Brazil Industria E Commercio Ltda.   |       | 100.0             |       |             |       | 38.4              |       | 0.6                 |       | BRL                 |       |
| São Paulo, Brazil                            |       |              |       |             |       |              |       |                |       |                |       |
| Engelhard (South Africa)  (Proprietary) Ltd.      |       | 100.0             |       |             |       | 759.8             |       | 48.9                |       | ZAR                 |       |
| Port Elizabeth, South Africa                      |       |              |       |             |       |              |       |                |       |                |       |
| Master Builders Technologies Egypt for            |       | 50.0              | *          |             |       | 22.8              |       | 1.7                 |       | EGP                 |       |
| Construction Chemicals SAE                        |       |              |       |             |       |              |       |                |       |                |       |
| Giza, Egypt                                       |       |              |       |             |       |              |       |                |       |                |       |
| Saudi MBT for Building  Materials Co. Ltd.        |       | 60.0              |       |             |       | 25.4              |       | 0.4                 |       | SAR                 |       |
| Al Khobar, Saudi Arabia                           |       |              |       |             |       |              |       |                |       |                |       |
| Wintershall Energía S.A.                     |       | 100.0             |       |             |       | 667.7             |       | 434.6               |       | ARS                 |       |
| Buenos Aires, Argentina                           |       |              |       |             |       |              |       |                |       |                |       |

 

----

*BASF exercises a controllinginfluence over financial and corporate policy

16

----

 
|                                                          | ** ** | ** **        | ** ** | ** **       | ** ** | **Stock-**        | ** ** | ** **          | ** ** | ** **          | ** ** |
|----------------------------------------------------------|------------|-------------------|------------|------------------|------------|-------------------|------------|---------------------|------------|---------------------|------------|
| ** **                                               | ** ** | **Participating** | ** ** | **Thereof**      | ** ** | **holders’** | ** ** | ** **          | ** ** | ** **          | ** ** |
| **Company and headquarters**                   | ** ** | **interest**      | ** ** | **BASF AG** | ** ** | **equity**        | ** ** | **Net income** | ** ** | **Currency**        | ** ** |
| ** **                                               | ** ** | **(%)**           | ** ** | **(%)**          | ** ** | **(millions)**    | ** ** | **(millions)**      | ** ** | **(ISO code)** | ** ** |
|                                                     |       |              |       |             |       |              |       |                |       |                |       |
| 2. Proportionally consolidated affiliates § 310 HGB |       |              |       |             |       |              |       |                |       |                |       |
| ** **                                               |       |              |       |             |       |              |       |                |       |                |       |
| **Germany**                                              |       |              |       |             |       |              |       |                |       |                |       |
|                                                     |       |              |       |             |       |              |       |                |       |                |       |
| BASF GE Schwarzheide GmbH  & Co. KG                  |       | 50.0              |       | 50.0             |       | 10.0              |       | 3.6                 |       | EUR                 |       |
| Schwarzheide                                             |       |              |       |             |       |              |       |                |       |                |       |
| Wintershall Erdgas Handelshaus GmbH & Co. KG         |       | 50.0              |       |             |       | 1.0               |       | 130.3               |       | EUR                 |       |
| Berlin                                                   |       |              |       |             |       |              |       |                |       |                |       |
|                                                     |       |              |       |             |       |              |       |                |       |                |       |
| **Europe (excluding Germany)**                           |       |              |       |             |       |              |       |                |       |                |       |
|                                                     |       |              |       |             |       |              |       |                |       |                |       |
| BASF DOW HPPO Holding B.V.                               |       | 50.0              |       |             |       | 90.0              |       | 0.0                 |       | EUR                 |       |
| Arnhem, the Netherlands                                  |       |              |       |             |       |              |       |                |       |                |       |
| BASF DOW HPPO Production  B.V.B.A.                       |       | 50.0              |       |             |       | 89.1              |       | (0.9                | )          | EUR                 |       |
| Antwerp, Belgium                                         |       |              |       |             |       |              |       |                |       |                |       |
| ELLBA C.V.                                               |       | 50.0              |       |             |       | 123.4             |       | 65.8                |       | EUR                 |       |
| Rotterdam, the Netherlands                               |       |              |       |             |       |              |       |                |       |                |       |
| HPPO Holding and Finance  C.V.                           |       | 50.0              |       |             |       | 90.0              |       | (0.1                | )          | EUR                 |       |
| Arnhem, the Netherlands                                  |       |              |       |             |       |              |       |                |       |                |       |
| Produits et Engrais Chimiques du Rhin S.A. (PEC Rhin)    |       | 50.0              |       | 50.0             |       | 47.9              |       | 5.0                 |       | EUR                 |       |
| Ottmarsheim, France                                      |       |              |       |             |       |              |       |                |       |                |       |
| WINGAS Storage Enterprise  Ltd.                          |       | 32.5              |       |             |       | 1.2               |       | 0.0                 |       | GBP                 |       |
| Lincolnshire, United Kingdom                             |       |              |       |             |       |              |       |                |       |                |       |
| WINGAS Storage UK Ltd.                                   |       | 32.5              |       |             |       | 18.6              |       | (2.1                | )          | GBP                 |       |
| Lincolnshire, United Kingdom                             |       |              |       |             |       |              |       |                |       |                |       |
| Wintershall Erdgas  Handelshaus Zug AG                   |       | 50.0              |       |             |       | 32.3              |       | 86.6                |       | USD                 |       |
| Zug, Switzerland                                         |       |              |       |             |       |              |       |                |       |                |       |
| ZAO Achimgaz                                             |       | 50.0              |       |             |       | (397.1            | )          | (329.5              | )          | RUB                 |       |
| Novy Urengoi, Russian Federation                         |       |              |       |             |       |              |       |                |       |                |       |
|                                                     |       |              |       |             |       |              |       |                |       |                |       |
| **North America (NAFTA)**                                |       |              |       |             |       |              |       |                |       |                |       |
|                                                     |       |              |       |             |       |              |       |                |       |                |       |
| Industrias Polioles S.A. de C.V.                         |       | 49.95             |       |             |       | 1.2               |       | 1.2                 |       | USD                 |       |
| Mexico City, Mexico                                      |       |              |       |             |       |              |       |                |       |                |       |
| Polioles, S.A. de C.V.                                   |       | 50.0              |       |             |       | 87.3              |       | 20.2                |       | USD                 |       |
| Mexico, D.F., Mexico                                     |       |              |       |             |       |              |       |                |       |                |       |
| Sabina Petrochemicals LLC                                |       | 22.8              |       |             |       | 73.3              |       | 2.9                 |       | USD                 |       |
| Wilmington, Delaware                                     |       |              |       |             |       |              |       |                |       |                |       |
|                                                     |       |              |       |             |       |              |       |                |       |                |       |
| **Asia Pacific**                                         |       |              |       |             |       |              |       |                |       |                |       |
|                                                     |       |              |       |             |       |              |       |                |       |                |       |
| BASF Inoac Polyurethanes, Ltd.                           |       | 50.0              |       |             |       | 4,759.0           |       | 586.0               |       | JPY                 |       |
| Shinshiro-Shi, Aichi, Japan                              |       |              |       |             |       |              |       |                |       |                |       |
| BASF-YPC Company Ltd.                                    |       | 50.0              |       | 10.0             |       | 10,232.0          |       | 2,266.8             |       | CNY                 |       |
| Nanjing, China                                           |       |              |       |             |       |              |       |                |       |                |       |
| ELLBA Eastern Private Ltd.                               |       | 50.0              |       |             |       | (43.8             | )          | (25.2               | )          | USD                 |       |
| Singapore                                                |       |              |       |             |       |              |       |                |       |                |       |

 

17

----

 
|                                                    | ** ** | ** **        | ** ** | ** **       | ** ** | **Stock-**        | ** ** | ** **          | ** ** | ** **          | ** ** |
|----------------------------------------------------|------------|-------------------|------------|------------------|------------|-------------------|------------|---------------------|------------|---------------------|------------|
| ** **                                         | ** ** | **Participating** | ** ** | **Thereof**      | ** ** | **holders’** | ** ** | ** **          | ** ** | ** **          | ** ** |
| **Company and headquarters**             | ** ** | **interest**      | ** ** | **BASF AG** | ** ** | **equity**        | ** ** | **Net income** | ** ** | **Currency**        | ** ** |
| ** **                                         | ** ** | **(%)**           | ** ** | **(%)**          | ** ** | **(millions)**    | ** ** | **(millions)**      | ** ** | **(ISO code)** | ** ** |
|                                               |       |              |       |             |       |              |       |                |       |                |       |
| Shanghai Gao Qiao-BASF  Dispersions Co. Limited    |       | 50.0              |       | 40.0             |       | 309.5             |       | 32.9                |       | CNY                 |       |
| Shanghai, China                                    |       |              |       |             |       |              |       |                |       |                |       |
| Toray BASF PBT Resin Sdn. Bhd.                     |       | 50.0              |       | 50.0             |       | 47.8              |       | 0.9                 |       | MYR                 |       |
| Kuala Lumpur, Malaysia                             |       |              |       |             |       |              |       |                |       |                |       |
|                                               |       |              |       |             |       |              |       |                |       |                |       |
| 3. Equity consolidated subsidiaries § 312 HGB |       |              |       |             |       |              |       |                |       |                |       |
|                                               |       |              |       |             |       |              |       |                |       |                |       |
| **Germany**                                        |       |              |       |             |       |              |       |                |       |                |       |
|                                               |       |              |       |             |       |              |       |                |       |                |       |
| BASF Future Business GmbH                          |       | 100.0             |       | 100.0            |       | 25.7              |       |                | *          | EUR                 |       |
| Ludwigshafen (Rhine)                               |       |              |       |             |       |              |       |                |       |                |       |
| BASF Venture Capital GmbH                          |       | 100.0             |       |             |       | 22.8              |       |                | *          | EUR                 |       |
| Ludwigshafen (Rhine)                               |       |              |       |             |       |              |       |                |       |                |       |
| Lucura Rückversicherungs-AG                   |       | 100.0             |       |             |       | 36.0              |       | 2.6                 |       | EUR                 |       |
| Ludwigshafen (Rhine)                               |       |              |       |             |       |              |       |                |       |                |       |
| Wintershall Wolga Petroleum GmbH**                 |       | 100.0             |       |             |       | 0.0               |       |                | *          | EUR                 |       |
| Kassel                                             |       |              |       |             |       |              |       |                |       |                |       |
|                                               |       |              |       |             |       |              |       |                |       |                |       |
| **Europe (excluding Germany)**                     |       |              |       |             |       |              |       |                |       |                |       |
|                                               |       |              |       |             |       |              |       |                |       |                |       |
| BASF Coatings Services AG                          |       | 100.0             |       |             |       | 6.5               |       | 3.0                 |       | CHF                 |       |
| Wädenswil/Au, Switzerland                     |       |              |       |             |       |              |       |                |       |                |       |
| BASF Ireland Limited                               |       | 100.0             |       | 99.99            |       | 0.0               |       | (0.1                | )          | EUR                 |       |
| Dublin, Ireland                                    |       |              |       |             |       |              |       |                |       |                |       |
| BASF spol. s r.o.                                  |       | 100.0             |       | 100.0            |       | 278.9             |       | 67.0                |       | CZK                 |       |
| Prague, Czech Republic                             |       |              |       |             |       |              |       |                |       |                |       |
|                                               |       |              |       |             |       |              |       |                |       |                |       |
| **Asia Pacific**                                   |       |              |       |             |       |              |       |                |       |                |       |
|                                               |       |              |       |             |       |              |       |                |       |                |       |
| BASF Polyurethanes (Malaysia) Sdn. Bhd.            |       | 100.0             |       |             |       | 21.8              |       | 5.1                 |       | MYR                 |       |
| Petaling Jaya, Malaysia                            |       |              |       |             |       |              |       |                |       |                |       |
|                                               |       |              |       |             |       |              |       |                |       |                |       |
| **South America, Africa, Middle East**             |       |              |       |             |       |              |       |                |       |                |       |
|                                               |       |              |       |             |       |              |       |                |       |                |       |
| BASF Ecuatoriana S.A.                              |       | 100.0             |       | 99.87            |       | 3.8               |       | 1.1                 |       | USD                 |       |
| Quito, Ecuador                                     |       |              |       |             |       |              |       |                |       |                |       |
| BASF Poliuretanos S.A.                             |       | 100.0             |       | 3.18             |       | 22.3              |       | 10.8                |       | ARS                 |       |
| Buenos Aires, Argentina                            |       |              |       |             |       |              |       |                |       |                |       |
| BASF Venezolana S.A.                               |       | 100.0             |       | 100.0            |       | (88.5             | )          | (2,017.0            | )          | VEB                 |       |
| Caracas, Venezuela                                 |       |              |       |             |       |              |       |                |       |                |       |

 

----

*       Profit/loss transfer agreement

**   Includesearnings of consolidated subsidiaries/Group

18

----

 
|                                                    | ** ** | ** **        | ** ** | ** **       | ** ** | **Stock-**        | ** ** | ** **          | ** ** | ** **          | ** ** |
|----------------------------------------------------|------------|-------------------|------------|------------------|------------|-------------------|------------|---------------------|------------|---------------------|------------|
| ** **                                         | ** ** | **Participating** | ** ** | **Thereof**      | ** ** | **holders’** | ** ** | ** **          | ** ** | ** **          | ** ** |
| **Company and headquarters**             | ** ** | **interest**      | ** ** | **BASF AG** | ** ** | **equity**        | ** ** | **Net income** | ** ** | **Currency**        | ** ** |
| ** **                                         | ** ** | **(%)**           | ** ** | **(%)**          | ** ** | **(millions)**    | ** ** | **(millions)**      | ** ** | **(ISO code)** | ** ** |
|                                               |       |              |       |             |       |              |       |                |       |                |       |
| 4. Equity consolidated affiliates § 312 HGB   |       |              |       |             |       |              |       |                |       |                |       |
|                                               |       |              |       |             |       |              |       |                |       |                |       |
| **Germany**                                        |       |              |       |             |       |              |       |                |       |                |       |
|                                               |       |              |       |             |       |              |       |                |       |                |       |
| Solvin GmbH & Co. KG*                          |       | 25.0              |       | 25.0             |       | 363.6             |       | 94.0                |       | EUR                 |       |
| Hanover                                            |       |              |       |             |       |              |       |                |       |                |       |
|                                               |       |              |       |             |       |              |       |                |       |                |       |
| **Europe  (excluding Germany)**                    |       |              |       |             |       |              |       |                |       |                |       |
|                                               |       |              |       |             |       |              |       |                |       |                |       |
| BASF Huntsman Shanghai  Isocyanate Investment B.V. |       | 50.0              |       |             |       | 63.6              |       | 0.0                 |       | EUR                 |       |
| Arnhem, the Netherlands                            |       |              |       |             |       |              |       |                |       |                |       |
| BASF Interox H2O2 Production                       |       | 50.0              |       |             |       | 0.1               |       | 0.0                 |       | EUR                 |       |
| Elsene, Belgium                                    |       |              |       |             |       |              |       |                |       |                |       |
| Indurisk Rückversicherungs-AG                 |       | 50.0              |       |             |       | 39.5              |       | 8.4                 |       | EUR                 |       |
| Luxembourg                                         |       |              |       |             |       |              |       |                |       |                |       |
| Svalöf Weibull AB*                            |       | 40.0              |       |             |       | 500.7             |       | (87.2               | )          | SEK                 |       |
| Svalöv, Sweden                                |       |              |       |             |       |              |       |                |       |                |       |
|                                               |       |              |       |             |       |              |       |                |       |                |       |
| **North America (NAFTA)**                          |       |              |       |             |       |              |       |                |       |                |       |
|                                               |       |              |       |             |       |              |       |                |       |                |       |
| Prodrive Engelhard LLC                             |       | 50.0              |       |             |       | 9.4               |       | 2.6                 |       | USD                 |       |
| Iselin, New Jersey                                 |       |              |       |             |       |              |       |                |       |                |       |
|                                               |       |              |       |             |       |              |       |                |       |                |       |
| **Asia Pacific**                                   |       |              |       |             |       |              |       |                |       |                |       |
|                                               |       |              |       |             |       |              |       |                |       |                |       |
| Heesung-Engelhard Corp.                            |       | 49.0              |       |             |       | 107,362.1         |       | 9,258.3             |       | KRW                 |       |
| Seoul, South Korea                                 |       |              |       |             |       |              |       |                |       |                |       |
| N.E. Chemcat Corporation                           |       | 42.1              |       |             |       | 40,514.7          |       | 4,308.5             |       | JPY                 |       |
| Tokyo, Japan                                       |       |              |       |             |       |              |       |                |       |                |       |
| Shanghai Lianheng Isocyanate Company Ltd.          |       | 35.0              |       |             |       | 846.5             |       | (71.0               | )          | CNY                 |       |
| Shanghai, China                                    |       |              |       |             |       |              |       |                |       |                |       |

 

----

*Includes earnings of consolidatedsubsidiaries/Group

19

----

II.  Othersubsidiaries, affiliates and other participating interests

 1.  Subsidiaries not consolidateddue to immateriality
|                                                                                | ** ** | **Participating** | ** ** | **Thereof**      | ** ** |
|--------------------------------------------------------------------------------|------------|-------------------|------------|------------------|------------|
| **Company and headquarters**                                         | ** ** | **interest**      | ** ** | **BASF AG** | ** ** |
| ** **                                                                     | ** ** | **(%)**           | ** ** | **(%)**          | ** ** |
|                                                                           |       |              |       |             |       |
| **Germany**                                                                    |       |              |       |             |       |
|                                                                           |       |              |       |             |       |
| Ausbildungsplatzinitiative  Pfalz GmbH                                         |       | 97.0              |       | 97.0             |       |
| Ludwigshafen  (Rhine)                                                          |       |              |       |             |       |
| BASF Akquisitions- und  Objektverwertungsgesellschaft mbH                      |       | 100.0             |       | 100.0            |       |
| Ludwigshafen (Rhine)                                                           |       |              |       |             |       |
| BASF  Chemikalien GmbH                                                         |       | 100.0             |       | 100.0            |       |
| Ludwigshafen  (Rhine)                                                          |       |              |       |             |       |
| BASF ChemTrade  Gesellschaft mbH                                               |       | 100.0             |       | 100.0            |       |
| Burgbernheim                                                                   |       |              |       |             |       |
| BASF  Coatings Services GmbH                                                   |       | 100.0             |       |             |       |
| Dortmund                                                                       |       |              |       |             |       |
| BASF Immobilien-Gesellschaft  mbH                                              |       | 100.0             |       | 100.0            |       |
| Ludwigshafen (Rhine)                                                           |       |              |       |             |       |
| BASF  Innovationsfonds GmbH                                                    |       | 100.0             |       | 100.0            |       |
| Ludwigshafen  (Rhine)                                                          |       |              |       |             |       |
| BASF Jobmarkt GmbH                                                             |       | 100.0             |       | 100.0            |       |
| Ludwigshafen (Rhine)                                                           |       |              |       |             |       |
| BASF  Lizenz GmbH                                                              |       | 100.0             |       |             |       |
| Ludwigshafen  (Rhine)                                                          |       |              |       |             |       |
| BASF Mobilienleasing  GmbH                                                     |       | 100.0             |       |             |       |
| Ludwigshafen (Rhine)                                                           |       |              |       |             |       |
| BASF  Spezialdünger – Pensionsverwaltung GmbH                        |       | 100.0             |       |             |       |
| Münster                                                                   |       |              |       |             |       |
| Cela Farbenfabrik C.  Lagoni & Sohn GmbH & Co. KG                      |       | 100.0             |       |             |       |
| Oldenburg                                                                      |       |              |       |             |       |
| Cela  Farbenfabrik C. Lagoni Verwaltungs-GmbH                                  |       | 100.0             |       |             |       |
| Oldenburg                                                                      |       |              |       |             |       |
| Dr. Heinrich von Brunck  Gedächtnisstiftung für Werksangehörige |       | 95.0              |       | 95.0             |       |
| der BASF GmbH,  Ludwigshafen (Rhine)                                           |       |              |       |             |       |
| Elfte  BASF Finanzbeteiligungsgesellschaft mbH                                 |       | 100.0             |       | 100.0            |       |
| Ludwigshafen  (Rhine)                                                          |       |              |       |             |       |
| Elfte BASF  Projektentwicklungsgesellschaft mbH                                |       | 100.0             |       | 100.0            |       |
| Ludwigshafen (Rhine)                                                           |       |              |       |             |       |
| Gesellschaft  zur Förderung der Lackkunst mbH                             |       | 100.0             |       |             |       |
| Münster                                                                   |       |              |       |             |       |
| Gewerkschaft des  konsolidierten Steinkohlenbergwerks Breitenbach GmbH         |       | 100.0             |       | 100.0            |       |
| Ludwigshafen (Rhine)                                                           |       |              |       |             |       |
| Gewerkschaft  Röchling GmbH                                               |       | 100.0             |       |             |       |
| Kassel                                                                         |       |              |       |             |       |
| Glasurit GmbH                                                                  |       | 100.0             |       |             |       |
| Münster-Hiltrup                                                           |       |              |       |             |       |

 

20

----

 
|                                                            | ** ** | **Participating** | ** ** | **Thereof**      | ** ** |
|------------------------------------------------------------|------------|-------------------|------------|------------------|------------|
| **Company and headquarters**                     | ** ** | **interest**      | ** ** | **BASF AG** | ** ** |
| ** **                                                 | ** ** | **(%)**           | ** ** | **(%)**          | ** ** |
|                                                       |       |              |       |             |       |
| Guano-Werke  Pensionsverwaltung GmbH                       |       | 100.0             |       |             |       |
| Ludwigshafen (Rhine)                                       |       |              |       |             |       |
| Guano-Werke  Vermögensverwaltung AG                   |       | 99.84             |       |             |       |
| Ludwigshafen (Rhine)                                       |       |              |       |             |       |
| Guano-Werke Verwaltungs GmbH                               |       | 100.0             |       |             |       |
| Ludwigshafen (Rhine)                                       |       |              |       |             |       |
| LUCARA  Immobilienverwaltungs GmbH                         |       | 100.0             |       | 100.0            |       |
| Ludwigshafen (Rhine)                                       |       |              |       |             |       |
| LUWOGE consult GmbH                                        |       | 100.0             |       |             |       |
| Ludwigshafen (Rhine)                                       |       |              |       |             |       |
| MBT Bautechnik GmbH                                        |       | 100.0             |       |             |       |
| Trostberg                                                  |       |              |       |             |       |
| ME Projektabwicklung GmbH                                  |       | 100.0             |       |             |       |
| Ludwigshafen (Rhine)                                       |       |              |       |             |       |
| Metanomics Health GmbH                                     |       | 100.0             |       |             |       |
| Berlin                                                     |       |              |       |             |       |
| Projektentwicklungs-GmbH  Friesenheimer Insel              |       | 100.0             |       | 100.0            |       |
| Ludwigshafen (Rhine)                                       |       |              |       |             |       |
| SEWOGE Service- und  Wohnungsunternehmen GmbH              |       | 100.0             |       | 100.0            |       |
| Schwarzheide                                               |       |              |       |             |       |
| SGS-Schwarzheider  Gastronomie und Service GmbH            |       | 100.0             |       |             |       |
| Schwarzheide                                               |       |              |       |             |       |
| Ultraform  Verwaltungsgesellschaft mbH                     |       | 100.0             |       | 100.0            |       |
| Ludwigshafen (Rhine)                                       |       |              |       |             |       |
| WIEH Verwaltungs-GmbH                                      |       | 100.0             |       |             |       |
| Ludwigshafen (Rhine)                                       |       |              |       |             |       |
| Wingas GBR                                                 |       | 100.0             |       |             |       |
| Kassel                                                     |       |              |       |             |       |
| Wingas Transport  Beteiligungs-GmbH                        |       | 100.0             |       |             |       |
| Kassel                                                     |       |              |       |             |       |
| Wingas Verwaltungs-GmbH                                    |       | 100.0             |       |             |       |
| Ludwigshafen (Rhine)                                       |       |              |       |             |       |
| Wintershall Bank GmbH                                      |       | 100.0             |       |             |       |
| Kassel                                                     |       |              |       |             |       |
| Wintershall  Nordkaspische Exploration und Produktion GmbH |       | 100.0             |       |             |       |
| Ludwigshafen (Rhine)                                       |       |              |       |             |       |
| Wintershall Russia Holding  GmbH                           |       | 100.0             |       |             |       |
| Ludwigshafen (Rhine)                                       |       |              |       |             |       |
| Wintershall Russia GmbH                                    |       | 100.0             |       |             |       |
| Ludwigshafen (Rhine)                                       |       |              |       |             |       |
| Wintershall Turkmenistan  GmbH                             |       | 100.0             |       |             |       |
| Kassel                                                     |       |              |       |             |       |
| Zweite BASF  Immobilien-Gesellschaft mbH                   |       | 100.0             |       | 95.0             |       |
| Ludwigshafen (Rhine)                                       |       |              |       |             |       |

 

21

----

 
|                                                                   | ** ** | **Participating** | ** ** | **Thereof**      | ** ** |
|-------------------------------------------------------------------|------------|-------------------|------------|------------------|------------|
| **Company and headquarters**                            | ** ** | **interest**      | ** ** | **BASF AG** | ** ** |
| ** **                                                        | ** ** | **(%)**           | ** ** | **(%)**          | ** ** |
|                                                              |       |              |       |             |       |
| **Europe (excluding Germany)**                                    |       |              |       |             |       |
|                                                              |       |              |       |             |       |
| Amylogene  Handelsbolaget                                         |       | 91.0              |       |             |       |
| Svalöv,  Sweden                                              |       |              |       |             |       |
| Awiag Ltd.                                                        |       | 100.0             |       |             |       |
| Valetta, Malta                                                    |       |              |       |             |       |
| BASF  Admixtures Polska Sp. z.o.o.                                |       | 100.0             |       |             |       |
| Myslenice,  Poland                                                |       |              |       |             |       |
| BASF AS                                                           |       | 100.0             |       | 100.0            |       |
| Asker, Norway                                                     |       |              |       |             |       |
| BASF  Automotive Coatings Services S.A.R.L.                       |       | 100.0             |       |             |       |
| Clermont  de l’Oise, France                                  |       |              |       |             |       |
| BASF Biocides Ltd.                                                |       | 100.0             |       | 100.0            |       |
| Ruddington, United  Kingdom                                       |       |              |       |             |       |
| BASF  Caspian Yapi kimyasallari Sanayimehud mesuliyyeti cemiyyeti |       | 80.0              |       |             |       |
| Baku,  Azerbaijan                                                 |       |              |       |             |       |
| BASF Catalysts Asia  B.V.                                         |       | 100.0             |       |             |       |
| Arnhem, the Netherlands                                           |       |              |       |             |       |
| BASF  Coatings Refinish Ltd.                                      |       | 100.0             |       |             |       |
| Didcot,  United Kingdom                                           |       |              |       |             |       |
| BASF Coatings Services  A.B.                                      |       | 100.0             |       |             |       |
| Hisings Kaerra, Sweden                                            |       |              |       |             |       |
| BASF  Coatings Services B.V.                                      |       | 100.0             |       |             |       |
| Maarssen,  the Netherlands                                        |       |              |       |             |       |
| BASF Coatings Services  GmbH                                      |       | 100.0             |       |             |       |
| Eugendorf, Austria                                                |       |              |       |             |       |
| BASF  Coatings Services S.A.                                      |       | 100.0             |       |             |       |
| Guadalajara,  Spain                                               |       |              |       |             |       |
| BASF Coatings Services  S.A.                                      |       | 100.0             |       |             |       |
| Brussels, Belgium                                                 |       |              |       |             |       |
| BASF  Coatings Services S.A.R.L.                                  |       | 100.0             |       |             |       |
| Mitry  Mory, France                                               |       |              |       |             |       |
| BASF Coatings Services  Sp. z.o.o.                                |       | 100.0             |       |             |       |
| Swarzedz, Poland                                                  |       |              |       |             |       |
| BASF  Coatings Services S.R.O.                                    |       | 100.0             |       |             |       |
| Bratislava,  Slovakia                                             |       |              |       |             |       |
| BASF Coatings Storitve  d.o.o.                                    |       | 100.0             |       |             |       |
| Ljubljana, Slovenia                                               |       |              |       |             |       |
| BASF  Colorants Trading S.A.                                      |       | 100.0             |       | 100.0            |       |
| Wädenswil,  Switzerland                                      |       |              |       |             |       |
| BASF Construction  Chemicals BH d.o.o.                            |       | 100.0             |       |             |       |
| Sarajevo,  Bosnia-Herzegovina                                     |       |              |       |             |       |
| BASF  Construction Chemicals Central Asia LLP                     |       | 51.0              |       |             |       |
| Almaty,  Kasachstan                                               |       |              |       |             |       |

 

22

----

 
|                                                | ** ** | **Participating** | ** ** | **Thereof**      | ** ** |
|------------------------------------------------|------------|-------------------|------------|------------------|------------|
| **Company and headquarters**         | ** ** | **interest**      | ** ** | **BASF AG** | ** ** |
| ** **                                     | ** ** | **(%)**           | ** ** | **(%)**          | ** ** |
|                                           |       |              |       |             |       |
| BASF Construction Chemicals  Polska Sp. z.o.o. |       | 100.0             |       |             |       |
| Poznan, Poland                                 |       |              |       |             |       |
| BASF Construction  Chemicals Romania S.r.l.    |       | 100.0             |       |             |       |
| Bucharest, Romania                             |       |              |       |             |       |
| BASF Croatia d.o.o.                            |       | 100.0             |       | 100.0            |       |
| Zagreb, Croatia                                |       |              |       |             |       |
| BASF Engelhard Finland  B.V.                   |       | 100.0             |       |             |       |
| Arnhem, the Netherlands                        |       |              |       |             |       |
| BASF Engelhard Germany B.V.                    |       | 100.0             |       |             |       |
| Arnhem, the Netherlands                        |       |              |       |             |       |
| BASF Engelhard South  Africa B.V.              |       | 100.0             |       |             |       |
| Arnhem, the Netherlands                        |       |              |       |             |       |
| BASF Engelhard Sweden B.V.                     |       | 100.0             |       |             |       |
| Arnhem, the Netherlands                        |       |              |       |             |       |
| BASF Engelhard  Switzerland B.V.               |       | 100.0             |       |             |       |
| Arnhem, the Netherlands                        |       |              |       |             |       |
| BASF Engelhard UK B.V.                         |       | 100.0             |       |             |       |
| Arnhem, the Netherlands                        |       |              |       |             |       |
| BASF EOOD                                      |       | 100.0             |       | 100.0            |       |
| Sofia, Bulgaria                                |       |              |       |             |       |
| BASF Finance Europe N.V.                       |       | 100.0             |       | 100.0            |       |
| Arnhem, the Netherlands                        |       |              |       |             |       |
| BASF IT Services  Holding Ltd.                 |       | 100.0             |       |             |       |
| Cheadle, United Kingdom                        |       |              |       |             |       |
| BASF IT Services Ltd.                          |       | 100.0             |       |             |       |
| Wilmslow, United Kingdom                       |       |              |       |             |       |
| BASF IT Services  Nederland B.V.               |       | 100.0             |       |             |       |
| Arnhem, the Netherlands                        |       |              |       |             |       |
| BASF IT Services N.V.                          |       | 100.0             |       |             |       |
| Antwerp, Belgium                               |       |              |       |             |       |
| BASF IT Services S.A.                          |       | 100.0             |       |             |       |
| Barcelona, Spain                               |       |              |       |             |       |
| BASF IT Services SpA                           |       | 100.0             |       |             |       |
| Cesano Maderno, Italy                          |       |              |       |             |       |
| BASF Masterbatch N.V.                          |       | 100.0             |       |             |       |
| Kuurne, Belgium                                |       |              |       |             |       |
| BASF Portuguesa Lda.                           |       | 100.0             |       | 70.46            |       |
| Prior Velho, Portugal                          |       |              |       |             |       |
| BASF Slovenija d.o.o.                          |       | 100.0             |       | 100.0            |       |
| Ljubljana, Slovenia                            |       |              |       |             |       |
| BASF Slovensko Spol. s r.o.                    |       | 100.0             |       | 100.0            |       |
| Bratislava, Slovakia                           |       |              |       |             |       |
| BASF Jugoslavija d.o.o.                        |       | 100.0             |       | 100.0            |       |
| Belgrade, Serbia-Montenegro                    |       |              |       |             |       |

 

23

----

 
|                                                     | ** ** | **Participating** | ** ** | **Thereof**      | ** ** |
|-----------------------------------------------------|------------|-------------------|------------|------------------|------------|
| **Company and headquarters**              | ** ** | **interest**      | ** ** | **BASF AG** | ** ** |
| ** **                                          | ** ** | **(%)**           | ** ** | **(%)**          | ** ** |
|                                                |       |              |       |             |       |
| BASF S.r.l.                                         |       | 100.0             |       | 100.0            |       |
| Bucharest, Romania                                  |       |              |       |             |       |
| BASF statybinès  medziagos UAB                 |       | 100.0             |       |             |       |
| Kaunas, Lithuania                                   |       |              |       |             |       |
| BASF Tovarystvo z Obmezenoju  Vidpovdal’nistju |       | 100.0             |       | 99.0             |       |
| Kiev, Ukraine                                       |       |              |       |             |       |
| BASF UAB                                            |       | 100.0             |       | 100.0            |       |
| Vilnius, Lithuania                                  |       |              |       |             |       |
| Boots Galenika d.o.o.                               |       | 51.0              |       | 51.0             |       |
| Belgrade, Serbia-Montenegro                         |       |              |       |             |       |
| BTC Speciality Chemical  Distribution S.L.          |       | 100.0             |       |             |       |
| Barcelona, Spain                                    |       |              |       |             |       |
| BTC Speciality Chemical  Distribution B.V.          |       | 100.0             |       |             |       |
| Arnhem, the Netherlands                             |       |              |       |             |       |
| BTC Speciality Chemical  Distribution Ltd.          |       | 100.0             |       |             |       |
| Cheadle, United Kingdom                             |       |              |       |             |       |
| BTC Speciality Chemical  Distribution S.A./N.V.     |       | 100.0             |       |             |       |
| Brussels, Belgium                                   |       |              |       |             |       |
| BTC Speciality Chemical  Distribution S.A.S.        |       | 100.0             |       |             |       |
| Levallois-Perret, France                            |       |              |       |             |       |
| BTC Speciality Chemical  Distribution SpA           |       | 100.0             |       |             |       |
| Cesano Maderno, Italy                               |       |              |       |             |       |
| BTC Speciality Chemical  Distribution, s.r.o.       |       | 100.0             |       | 100.0            |       |
| Bratislava, Slovakia                                |       |              |       |             |       |
| BTC Speciality Chemical  Distribution, Unip. Lda.   |       | 100.0             |       |             |       |
| Porto, Portugal                                     |       |              |       |             |       |
| BTC Speciality Chemical  Distribution A/S           |       | 100.0             |       |             |       |
| Copenhagen, Denmark                                 |       |              |       |             |       |
| Color Make UP                                       |       | 100.0             |       |             |       |
| Herouville Saint Clair,  France                     |       |              |       |             |       |
| COMPAREX Information  Systems Ltd.                  |       | 100.0             |       |             |       |
| Cheadle, United Kingdom                             |       |              |       |             |       |
| CropDesign France E.U.R.L.                          |       | 100.0             |       |             |       |
| Paris, France                                       |       |              |       |             |       |
| ECT Environmental  Technologies AB                  |       | 100.0             |       |             |       |
| Malmo, Sweden                                       |       |              |       |             |       |
| Elastogran Kemipur  Poliuretan Rendszerek Kft.      |       | 100.0             |       |             |       |
| Solymar, Hungary                                    |       |              |       |             |       |
| Elastogran Lagomat  Nordic AB                       |       | 100.0             |       |             |       |
| Angered, Sweden                                     |       |              |       |             |       |
| Engelhard Arganda S.L.                              |       | 100.0             |       |             |       |
| Arganda, Spain                                      |       |              |       |             |       |
| Engelhard Belgium  B.V.B.A.                         |       | 100.0             |       | 100.0            |       |
| Heverlee, Belgium                                   |       |              |       |             |       |

 

24

----

 
|                                           | ** ** | **Participating** | ** ** | **Thereof**      | ** ** |
|-------------------------------------------|------------|-------------------|------------|------------------|------------|
| **Company and headquarters**    | ** ** | **interest**      | ** ** | **BASF AG** | ** ** |
| ** **                                | ** ** | **(%)**           | ** ** | **(%)**          | ** ** |
|                                      |       |              |       |             |       |
| Engelhard (France) S.A.R.L.               |       | 100.0             |       |             |       |
| Lyon, France                              |       |              |       |             |       |
| Engelhard Industries  A/S                 |       | 100.0             |       |             |       |
| Denmark                                   |       |              |       |             |       |
| Engelhard Industries S.A.                 |       | 100.0             |       |             |       |
| Belgium                                   |       |              |       |             |       |
| Engelhard Pension  Trustees Ltd.          |       | 100.0             |       |             |       |
| Lyon, France                              |       |              |       |             |       |
| Engelhard Platinum Sensors  Srl           |       | 100.0             |       |             |       |
| Rom, Italy                                |       |              |       |             |       |
| Engelhard Technologies  LLC               |       | 100.0             |       |             |       |
| Moscow, Russian  Federation               |       |              |       |             |       |
| Esuco Beheer B.V.                         |       | 100.0             |       |             |       |
| the Netherlands                           |       |              |       |             |       |
| IBC Admixture Systems  Limited            |       | 50.0              |       |             |       |
| Dublin, Ireland                           |       |              |       |             |       |
| Kokoa Investment B.V.                     |       | 100.0             |       |             |       |
| Amsterdam, the Netherlands                |       |              |       |             |       |
| Lipogene AB                               |       | 100.0             |       |             |       |
| Svalöv, Sweden                       |       |              |       |             |       |
| Liquiment  Vermögensverwaltungs GmbH |       | 100.0             |       |             |       |
| Krieglach, Austria                        |       |              |       |             |       |
| Megatron NVK, LLC                         |       | 70.0              |       |             |       |
| Makhachkala, Russian  Federation          |       |              |       |             |       |
| OOO BASF Wostock                          |       | 100.0             |       |             |       |
| Moscow, Russian Federation                |       |              |       |             |       |
| OOO Dom Na Nabreshnaya  1                 |       | 100.0             |       | 19.6             |       |
| Moscow, Russian  Federation               |       |              |       |             |       |
| OOO Stroitelnye Systemy                   |       | 65.0              |       |             |       |
| Moscow, Russian Federation                |       |              |       |             |       |
| Palamet AG                                |       | 100.0             |       |             |       |
| Zug, Switzerland                          |       |              |       |             |       |
| PCI Construction Systems  Ltd.            |       | 100.0             |       |             |       |
| Bedewell, United Kingdom                  |       |              |       |             |       |
| Plant Science Sweden AB                   |       | 100.0             |       |             |       |
| Svalöv, Sweden                       |       |              |       |             |       |
| S.C.I. Z.S.                               |       | 100.0             |       |             |       |
| Ostwald, France                           |       |              |       |             |       |
| The Sheffield Smelting  Co. Ltd.          |       | 100.0             |       |             |       |
| London, United Kingdom                    |       |              |       |             |       |
| WINGAS Belgium  S.P.R.L./B.V.B.A.         |       | 100.0             |       |             |       |
| Brussels, Belgium                         |       |              |       |             |       |
| Wintershall Gas spol.  s.r.o.             |       | 100.0             |       |             |       |
| Prague, Czech Republic                    |       |              |       |             |       |

 

25

----

 
|                                             | ** ** | **Participating** | ** ** | **Thereof**      | ** ** |
|---------------------------------------------|------------|-------------------|------------|------------------|------------|
| **Company and headquarters**      | ** ** | **interest**      | ** ** | **BASF AG** | ** ** |
| ** **                                  | ** ** | **(%)**           | ** ** | **(%)**          | ** ** |
|                                        |       |              |       |             |       |
| Wintershall Norge AS                        |       | 100.0             |       |             |       |
| Oslo, Norway                                |       |              |       |             |       |
| Wintershall Services  B.V.                  |       | 100.0             |       |             |       |
| The Hague, the  Netherlands                 |       |              |       |             |       |
|                                        |       |              |       |             |       |
| **North America (NAFTA)**                   |       |              |       |             |       |
|                                        |       |              |       |             |       |
| Automotive Refinish  Technology, Inc. (ART) |       | 100.0             |       |             |       |
| Toronto, Ontario,  Canada                   |       |              |       |             |       |
| Automotive Refinish  Technologies, LLC      |       | 100.0             |       |             |       |
| Southfield, Michigan                        |       |              |       |             |       |
| BASF Construction  Polymers, Inc.           |       | 100.0             |       |             |       |
| Kennesaw, Georgia                           |       |              |       |             |       |
| BASF de el Salvador, S.A. de  C.V.          |       | 100.0             |       | 99.95            |       |
| San Salvador, El Salvador                   |       |              |       |             |       |
| BASF de Guatemala S.A.                      |       | 100.0             |       | 99.0             |       |
| Guatemala City,  Guatemala                  |       |              |       |             |       |
| BASF de Nicaragua S.A.                      |       | 99.92             |       |             |       |
| Managua, Nicaragua                          |       |              |       |             |       |
| BASF Dominicana S.A.                        |       | 100.0             |       | 100.0            |       |
| Santo Domingo,  Dominican Republic          |       |              |       |             |       |
| BASF Panama S.A.                            |       | 100.0             |       | 100.0            |       |
| Panama City, Panama                         |       |              |       |             |       |
| BASF Venture Capital  America Inc.          |       | 100.0             |       |             |       |
| Santa Barbara,  California                  |       |              |       |             |       |
| BASF Venture Capital Canada  Inc.           |       | 100.0             |       |             |       |
| Toronto, Ontario, Canada                    |       |              |       |             |       |
| BF Textile Colours  Holding Inc.            |       | 100.0             |       | 100.0            |       |
| Wilmington, New Castle                      |       |              |       |             |       |
| Collaborative Technologies  Inc.            |       | 100.0             |       |             |       |
| Stony Brook, New York                       |       |              |       |             |       |
| Cuyahoga Lime Company                       |       | 100.0             |       |             |       |
| Iselin, New Jersey                          |       |              |       |             |       |
| DNA Landmarks Inc.                          |       | 100.0             |       |             |       |
| St.-Jean-sur-Richelieu,  Quebec, Canada     |       |              |       |             |       |
| EI (Number One) Urban  Renewal Corp.        |       | 100.0             |       |             |       |
| Iselin, New Jersey                          |       |              |       |             |       |
| Engelhard C Cubed  Corporation              |       | 100.0             |       |             |       |
| Iselin, New Jersey                          |       |              |       |             |       |
| Engelhard DT Inc.                           |       | 100.0             |       |             |       |
| Iselin, New Jersey                          |       |              |       |             |       |
| Engelhard EM Holding Corp.                  |       | 100.0             |       |             |       |
| Iselin, New Jersey                          |       |              |       |             |       |
| Engelhard Energy  Corporation               |       | 100.0             |       |             |       |
| Iselin, New Jersey                          |       |              |       |             |       |

 

26

----

 
|                                                     | ** ** | **Participating** | ** ** | **Thereof**      | ** ** |
|-----------------------------------------------------|------------|-------------------|------------|------------------|------------|
| **Company and headquarters**              | ** ** | **interest**      | ** ** | **BASF AG** | ** ** |
| ** **                                          | ** ** | **(%)**           | ** ** | **(%)**          | ** ** |
|                                                |       |              |       |             |       |
| Engelhard Exactus                                   |       | 100.0             |       |             |       |
| Iselin, New Jersey                                  |       |              |       |             |       |
| Engelhard Export Corp.                              |       | 100.0             |       |             |       |
| Iselin, New Jersey                                  |       |              |       |             |       |
| Engelhard Hexcore LP.                               |       | 100.0             |       |             |       |
| Iselin, New Jersey                                  |       |              |       |             |       |
| Engelhard Industries de  Mexico S.A.                |       | 100.0             |       |             |       |
| Mexico, D.E., Mexico                                |       |              |       |             |       |
| Engelhard Introducing Broker  Inc.                  |       | 100.0             |       |             |       |
| Iselin, New Jersey                                  |       |              |       |             |       |
| Engelhard Laboratories,  Inc.                       |       | 100.0             |       |             |       |
| Iselin, New Jersey                                  |       |              |       |             |       |
| Engelhard Metal Plating Inc.                        |       | 100.0             |       |             |       |
| Iselin, New Jersey                                  |       |              |       |             |       |
| Engelhard ML Corp.                                  |       | 100.0             |       |             |       |
| Iselin, New Jersey                                  |       |              |       |             |       |
| Engelhard New York Inc.                             |       | 100.0             |       |             |       |
| Coletica, New York                                  |       |              |       |             |       |
| Engelhard Power Marketing  Inc.                     |       | 100.0             |       |             |       |
| Iselin, New Jersey                                  |       |              |       |             |       |
| Engelhard Precision  Microwave Circuits Inc.        |       | 100.0             |       |             |       |
| Iselin, New Jersey                                  |       |              |       |             |       |
| Engelhard Precision  Microwave Circuits (West) Inc. |       | 100.0             |       |             |       |
| Iselin, New Jersey                                  |       |              |       |             |       |
| Engelhard Properties Company  Inc.                  |       | 100.0             |       |             |       |
| Iselin, New Jersey                                  |       |              |       |             |       |
| Engelhard Sensor  Technologies Inc.                 |       | 100.0             |       |             |       |
| Iselin, New Jersey                                  |       |              |       |             |       |
| Engelhard Strategic  Investments Inc.               |       | 100.0             |       |             |       |
| Iselin, New Jersey                                  |       |              |       |             |       |
| Higgins Rack Inc.                                   |       | 100.0             |       |             |       |
| Iselin, New Jersey                                  |       |              |       |             |       |
| MBT Cayman Islands Ltd.                             |       | 100.0             |       |             |       |
| George Town, Grand Cayman                           |       |              |       |             |       |
| Mearl LLC                                           |       | 100.0             |       |             |       |
| Iselin, New Jersey                                  |       |              |       |             |       |
| MTO Land Holdings LLC, US                           |       | 100.0             |       |             |       |
| Florham Park, New Jersey                            |       |              |       |             |       |
| Mustang Property  Corporation                       |       | 100.0             |       |             |       |
| Iselin, New Jersey                                  |       |              |       |             |       |
| Pemeas USA Inc.                                     |       | 100.0             |       |             |       |
| Somerset, New Jersey                                |       |              |       |             |       |
| Pita Realty Ltd.                                    |       | 100.0             |       |             |       |
| Iselin, New Jersey                                  |       |              |       |             |       |

 

27

----

 
|                                                        | ** ** | **Participating** | ** ** | **Thereof**      | ** ** |
|--------------------------------------------------------|------------|-------------------|------------|------------------|------------|
| **Company and headquarters**                 | ** ** | **interest**      | ** ** | **BASF AG** | ** ** |
| ** **                                             | ** ** | **(%)**           | ** ** | **(%)**          | ** ** |
|                                                   |       |              |       |             |       |
| Pita Two, Inc.                                         |       | 100.0             |       |             |       |
| Iselin, New Jersey                                     |       |              |       |             |       |
| St. Mary AXE  Corporation                              |       | 100.0             |       |             |       |
| Iselin, New Jersey                                     |       |              |       |             |       |
| The Harshaw Chemical Company                           |       | 100.0             |       |             |       |
| Iselin, New Jersey                                     |       |              |       |             |       |
| The Mearl Company Ltd.                                 |       | 100.0             |       |             |       |
| St. Stephan, New  Brunswick, Canada                    |       |              |       |             |       |
|                                                   |       |              |       |             |       |
| **Asia Pacific**                                       |       |              |       |             |       |
|                                                   |       |              |       |             |       |
| Azuma Bussan Ltd.                                      |       | 60.0              |       |             |       |
| Fukushima, Japan                                       |       |              |       |             |       |
| BASF Bangladesh Ltd.                                   |       | 76.41             |       | 76.41            |       |
| Dacca, Bangladesh                                      |       |              |       |             |       |
| BASF Chemicals and  Polymers Pakistan (Private) Ltd.   |       | 100.0             |       | 100.0            |       |
| Karachi, Pakistan                                      |       |              |       |             |       |
| BASF Coatings + Inks  Philippines Inc.                 |       | 100.0             |       |             |       |
| Makati, Metro Manila,  Philippines                     |       |              |       |             |       |
| BASF Coatings Inc.                                     |       | 100.0             |       |             |       |
| Canlubang, Calamba  Laguna, Philippines                |       |              |       |             |       |
| BASF Coatings (India)  Private Ltd.                    |       | 100.0             |       | 44.63            |       |
| Bangalore, India                                       |       |              |       |             |       |
| BASF Coatings  International Trade (Shanghai) Co. Ltd. |       | 100.0             |       |             |       |
| Shanghai, China                                        |       |              |       |             |       |
| BASF Coatings (Pty.) Ltd.                              |       | 100.0             |       |             |       |
| Wetherill Park, New South  Wales, Australia            |       |              |       |             |       |
| BASF Construction  Chemicals (Beijing) Co. Ltd.        |       | 100.0             |       |             |       |
| Peking, China                                          |       |              |       |             |       |
| BASF Construction Chemicals  New Zealand Ltd.          |       | 100.0             |       |             |       |
| Auckland, New Zealand                                  |       |              |       |             |       |
| BASF Construction  Chemicals Vietnam Co. Ltd.          |       | 100.0             |       |             |       |
| Thuan An District –  Binh Duong, Vietnam          |       |              |       |             |       |
| BASF Construction Chemicals  (Sichuan) Co. Ltd., China |       | 100.0             |       |             |       |
| Sichuan Province, China                                |       |              |       |             |       |
| BASF Construction  Systems (China) Co. Ltd.            |       | 100.0             |       |             |       |
| Shanghai, China                                        |       |              |       |             |       |
| BASF Electronic Materials  Trading (Shanghai) Co. Ltd. |       | 100.0             |       |             |       |
| Shanghai, China                                        |       |              |       |             |       |
| BASF Electronic  Materials (Shanghai) Co. Ltd.         |       | 100.0             |       |             |       |
| Shanghai, China                                        |       |              |       |             |       |
| BASF Fine Chemicals (China)  Company Ltd.              |       | 100.0             |       | 60.0             |       |
| Shenyang, China                                        |       |              |       |             |       |
| BASF Polyurethanes  Australia Pty. Ltd.                |       | 100.0             |       |             |       |
| Noble Park, Australia                                  |       |              |       |             |       |

 

28

----

 
|                                                                  | ** ** | **Participating** | ** ** | **Thereof**      | ** ** |
|------------------------------------------------------------------|------------|-------------------|------------|------------------|------------|
| **Company and headquarters**                           | ** ** | **interest**      | ** ** | **BASF AG** | ** ** |
| ** **                                                       | ** ** | **(%)**           | ** ** | **(%)**          | ** ** |
|                                                             |       |              |       |             |       |
| BASF Polyurethanes India  Ltd.                                   |       | 52.69             |       |             |       |
| Mumbai, India                                                    |       |              |       |             |       |
| BASF Polyurethanes  (Thailand) Ltd.                              |       | 100.0             |       | 100.0            |       |
| Bangkok, Thailand                                                |       |              |       |             |       |
| BASF See Sen Sdn. Bhd.                                           |       | 70.0              |       | 70.0             |       |
| Petaling Jaya, Malaysia                                          |       |              |       |             |       |
| BASF-Finlay (Private)  Limited                                   |       | 66.7              |       | 66.7             |       |
| Colombo, Sri Lanka                                               |       |              |       |             |       |
| BNC Color Techno Co. Ltd.                                        |       | 100.0             |       |             |       |
| Fukuoka, Japan                                                   |       |              |       |             |       |
| Contec Co., Ltd.                                                 |       | 100.0             |       |             |       |
| Tokyo, Japan                                                     |       |              |       |             |       |
| Cyanamid Agricultural  Products Sdn. Bhd.                        |       | 100.0             |       | 100.0            |       |
| Petaling Jaya, Malaysia                                          |       |              |       |             |       |
| Engelhard Industries  (Asia) Ltd.                                |       | 100.0             |       |             |       |
| Hong Kong, China                                                 |       |              |       |             |       |
| Engelhard Japan Co. Ltd.  (Japan)                                |       | 100.0             |       |             |       |
| Tokyo, Japan                                                     |       |              |       |             |       |
| Engelhard (Shanghai)  Co. Ltd.                                   |       | 100.0             |       |             |       |
| Shanghai, China                                                  |       |              |       |             |       |
| Lig Ace Co. Ltd.                                                 |       | 100.0             |       |             |       |
| Fukui-City, Fukui  Prefecture, Japan                             |       |              |       |             |       |
| Nihon Engelhard                                                  |       | 100.0             |       |             |       |
| Nihon, Japan                                                     |       |              |       |             |       |
| Pemeas Japan Ltd.                                                |       | 100.0             |       |             |       |
| Tokyo, Japan                                                     |       |              |       |             |       |
| Shanghai MBT & SCG  High-Tech Construction Chemical Co. Ltd. |       | 60.0              |       |             |       |
| Shanghai, China                                                  |       |              |       |             |       |
| Yugen Kaisha Sankyo Shoji                                        |       | 70.0              |       |             |       |
| Osaka, Japan                                                     |       |              |       |             |       |
|                                                             |       |              |       |             |       |
| **South  America, Africa, Middle East**                          |       |              |       |             |       |
|                                                             |       |              |       |             |       |
| Aislapol S.A.                                                    |       | 100.0             |       | 99.93            |       |
| Santiago de Chile, Chile                                         |       |              |       |             |       |
| Basanil S.A.                                                     |       | 100.0             |       | 100.0            |       |
| Buenos Aires, Argentina                                          |       |              |       |             |       |
| BASF Animal Nutrition (Pty.)  Ltd.                               |       | 100.0             |       |             |       |
| Beaconvale, South Africa                                         |       |              |       |             |       |
| BASF Bolivia S.r.l.                                              |       | 100.0             |       | 99.99            |       |
| La Paz, Bolivia                                                  |       |              |       |             |       |
| BASF Coatings PMB (Pty.)  Ltd.                                   |       | 100.0             |       |             |       |
| Vanderbijlpark, South Africa                                     |       |              |       |             |       |
| BASF Coatings (Pty.)  Ltd.                                       |       | 100.0             |       |             |       |
| Vanderbijlpark, South Africa                                     |       |              |       |             |       |

 

29

----

|                                                                  | ** ** | **Participating** | ** ** | **Thereof**      | ** ** |
|------------------------------------------------------------------|------------|-------------------|------------|------------------|------------|
| **Company and  headquarters**                                    | ** ** | **interest**      | ** ** | **BASF AG** | ** ** |
| ** **                                                       | ** ** | **(%)**           | ** ** | **(%)**          | ** ** |
|                                                             |       |              |       |             |       |
| BASF Coatings Services  (Pty.) Ltd.                              |       | 100.0             |       |             |       |
| Milnerton, South Africa                                          |       |              |       |             |       |
| BASF Construction  Chemicals Algeria S.A.R.L.                    |       | 100.0             |       |             |       |
| Sidar Hydr. Algiers,  Algeria                                    |       |              |       |             |       |
| BASF Construction Chemicals  Argentina S.A.                      |       | 100.0             |       |             |       |
| Buenos Aires, Argentina                                          |       |              |       |             |       |
| BASF Construction  Chemicals Colombia S.A.                       |       | 100.0             |       |             |       |
| Santafé de Bogotá,  D.C., Colombia                     |       |              |       |             |       |
| BASF Construction Chemicals  Ecuador S.A.                        |       | 90.0              |       |             |       |
| Quito, Ecuador                                                   |       |              |       |             |       |
| BASF Construction  Chemicals Venezuela S.A.                      |       | 100.0             |       |             |       |
| Caracas, Venezuela                                               |       |              |       |             |       |
| BASF East Africa Ltd.                                            |       | 100.0             |       | 100.0            |       |
| Nairobi, Kenya                                                   |       |              |       |             |       |
| BASF (Ethiopia) Ltd. P.  L. C.                                   |       | 100.0             |       | 100.0            |       |
| Addis Ababa, Ethiopia                                            |       |              |       |             |       |
| BASF Iran AG                                                     |       | 100.0             |       | 100.0            |       |
| Teheran, Iran                                                    |       |              |       |             |       |
| BASF Ltd.                                                        |       | 100.0             |       | 99.0             |       |
| Cairo, Egypt                                                     |       |              |       |             |       |
| BASF Maroc S.A.                                                  |       | 100.0             |       | 100.0            |       |
| Casablanca, Morocco                                              |       |              |       |             |       |
| BASF Paraguaya S.A.                                              |       | 100.0             |       | 99.98            |       |
| Asunción, Paraguay                                          |       |              |       |             |       |
| BASF S.p.A.                                                      |       | 100.0             |       | 100.0            |       |
| Hydra, Algeria                                                   |       |              |       |             |       |
| BASF Uruguaya S.A.                                               |       | 100.0             |       | 100.0            |       |
| Montevideo, Uruguay                                              |       |              |       |             |       |
| CHC Elastogran (Pty.) Ltd.                                       |       | 51.0              |       |             |       |
| Johannesburg, South Africa                                       |       |              |       |             |       |
| Corporacion Engelhard  De Venezuela C.A.                         |       | 100.0             |       |             |       |
| Caracas, Venezuela                                               |       |              |       |             |       |
| Cyanamid Limited                                                 |       | 100.0             |       |             |       |
| Lilongwe, Malawi                                                 |       |              |       |             |       |
| Cyanamid Zimbabwe  (Pvt.) Ltd.                                   |       | 100.0             |       |             |       |
| Workington, Zimbabwe                                             |       |              |       |             |       |
| Elastogran Pars (Private  Joint Stock) Company                   |       | 100.0             |       |             |       |
| Teheran, Iran                                                    |       |              |       |             |       |
| Engelhard Industries de  Argentina S.A.                          |       | 100.0             |       |             |       |
| Buenos Aires, Argentina                                          |       |              |       |             |       |
| Engelhard Peru S.A.                                              |       | 100.0             |       |             |       |
| Lima, Peru                                                       |       |              |       |             |       |
| Iranian BASF  Construction Chemicals Private Joint Stock Company |       | 70.0              |       |             |       |
| Teheran, Iran                                                    |       |              |       |             |       |

 

30

----

 
|                                                                         | ** ** | **Participating** | ** ** | **Thereof**      | ** ** |
|-------------------------------------------------------------------------|------------|-------------------|------------|------------------|------------|
| **Company and headquarters**                                  | ** ** | **interest**      | ** ** | **BASF AG** | ** ** |
| ** **                                                              | ** ** | **(%)**           | ** ** | **(%)**          | ** ** |
|                                                                    |       |              |       |             |       |
| Jordanian Swiss Company for  Manufacturing & Marketing Construction |       | 80.0              |       |             |       |
| Chemicals Company Ltd.                                                  |       |              |       |             |       |
| HKJ-Amman, Jordan                                                       |       |              |       |             |       |
| MBT Unicon Sociedad  Anonima S.A.                                       |       | 70.0              |       |             |       |
| Lima, Peru                                                              |       |              |       |             |       |
| Tintas Graficas S.A.                                                    |       | 92.45             |       |             |       |
| San Luis, Argentina                                                     |       |              |       |             |       |
| Wintershall BM-C-10  Ltda.                                              |       | 100.0             |       |             |       |
| Rio de Janeiro, Brazil                                                  |       |              |       |             |       |
| Wintershall BM-ES-1 Ltda.                                               |       | 100.0             |       |             |       |
| Rio de Janeiro, Brazil                                                  |       |              |       |             |       |
| Wintershall BM-ES-7  Ltda.                                              |       | 100.0             |       |             |       |
| Rio de Janeiro, Brazil                                                  |       |              |       |             |       |
| Wintershall do Brasil  Serviços Ltda.                              |       | 100.0             |       |             |       |
| Rio de Janeiro, Brazil                                                  |       |              |       |             |       |

 

2. Affiliates notconsolidated due to immateriality

 
| **Germany**                                                                                                              |   |   |   |   |   |
|--------------------------------------------------------------------------------------------------------------------------|--------|--------|--------|--------|--------|
|                                                                                                                     |   |   |   |   |   |
| Aurentum  Innovationstechnologien GmbH

Mainz                                                                            |   | 48.2   |   |   |   |
| BASF GE Schwarzheide Beteiligungs  GmbH

Schwarzheide                                                                    |   | 50.0   |   | 50.0   |   |
| Cavis Microcaps GmbH

Mainz                                                                                              |   | 22.13  |   |   |   |
| CWD  Chemie-Wirtschaftsdatenbanken GmbH

Frankfurt (Main)                                                                |   | 50.0   |   | 50.0   |   |
| CWK Software und Service  GmbH

Mannheim                                                                                 |   | 27.2   |   |   |   |
| DATASOUND Gesellschaft  zur Entwicklung und Vermarktung

digitaler Audio- und  Informationssysteme, Ludwigshafen (Rhine) |   | 25.0   |   |   |   |
| Edison-Electronic GmbH

Lauchhammer                                                                                      |   | 20.0   |   |   |   |
| Emsland-Erdölleitung GmbH

Osterwald                                                                                |   | 25.0   |   |   |   |
| Erdgasverkaufsgesellschaft  mbH

Münster                                                                            |   | 28.8   |   |   |   |
| Gesellschaft für  Wohnungs-, Gewerbe- und Städtebau Aktiengesellschaft

Ludwigshafen (Rhine)                   |   | 30.0   |   |   |   |
| Ginger GmbH

Ludwigshafen (Rhine)                                                                                        |   | 22.0   |   | 22.0   |   |
| InfraLeuna  Beteiligungs-GmbH

Leuna                                                                                     |   | 27.0   |   |   |   |
| KTL Kombi-Terminal  Ludwigshafen GmbH

Ludwigshafen (Rhine)                                                              |   | 40.0   |   | 40.0   |   |

 

31

----

 
| ** **                                                                        | ** ** | **Participating** | ** ** | **Thereof**      | ** ** |
|-----------------------------------------------------------------------------------|------------|-------------------|------------|------------------|------------|
| **Company and headquarters**                                            | ** ** | **interest**      | ** ** | **BASF AG** | ** ** |
| ** **                                                                        | ** ** | **(%)**           | ** ** | **(%)**          | ** ** |
|                                                                              |       |              |       |             |       |
| M-Exchange  AG   Frankfurt (Main)                                                 |       | 46.5              |       |             |       |
| Netformfive  GmbH   Mannheim                                                      |       | 20.0              |       |             |       |
| Projektförderung  Initiative für Beschäftigung GmbH   Münster |       | 25.0              |       |             |       |
| PSG  Procurement Service GmbH   Lohmar                                            |       | 50.0              |       |             |       |
| Rail4Chem  Eisenbahnverkehrsgesellschaft mbH   Essen                              |       | 25.0              |       | 25.0             |       |
| Rheingas  Erdgasleitungsgesellschaft mbH i.L.   Hanover                           |       | 50.0              |       | 50.0             |       |
| Solvin  Europe GmbH   Hanover                                                     |       | 25.2              |       | 25.2             |       |
| S.T.E.P.  Personalentwicklungsgesellschaft mbH   Ludwigshafen (Rhine)             |       | 33.4              |       | 33.4             |       |
| WV  Energie AG   Frankfurt (Main)                                                 |       | 50.0              |       |             |       |
| WV  Service GmbH   Frankfurt (Main)                                               |       | 50.0              |       |             |       |
| WV  Versicherungsmakler GmbH   Frankfurt (Main)                                   |       | 50.0              |       |             |       |
| ZEMBET  Entwicklungsgesellschaft mbH   Ulm                                        |       | 50.0              |       |             |       |
| ZOXY  Energy Systems AG   Bretten                                                 |       | 26.7              |       |             |       |
|                                                                              |       |              |       |             |       |
| **Europe (excluding Germany)**                                                    |       |              |       |             |       |
|                                                                              |       |              |       |             |       |
| BASF Dow HPPO B.V.

Arnhem, the Netherlands                                       |       | 50.0              |       |             |       |
| BASF Dow HPPO  Technology B.V.

Arnhem, the Netherlands                           |       | 50.0              |       |             |       |
| BASF Naber S.A.

Valencia, Spain                                                  |       | 50.0              |       |             |       |
| BASF Nutrition Animale  S.A.S.

Chateau Gontier, France                           |       | 50.0              |       |             |       |
| Cseber Csomagoloeszköz  Begyüjtesi Rendeszer KHT

Budapest, Hungary     |       | 22.8              |       |             |       |
| Dexia Bulgaria OOD

Sofia, Bulgaria                                               |       | 25.5              |       |             |       |
| ELLBA B.V.

Arnhem, the Netherlands                                               |       | 50.0              |       |             |       |
| Fortitech Europe APS

Dianalund, Denmark                                          |       | 20.0              |       | 20.0             |       |

 

32

----

 
|                                                                                                    | ** ** | **Participating** | ** ** | **Thereof**      | ** ** |
|----------------------------------------------------------------------------------------------------|------------|-------------------|------------|------------------|------------|
| **Company and headquarters**                                                             | ** ** | **interest**      | ** ** | **BASF AG** | ** ** |
| ** **                                                                                         | ** ** | **(%)**           | ** ** | **(%)**          | ** ** |
|                                                                                               |       |              |       |             |       |
| Gestio de Residus Especiales  de Catalunya S.A.                                                    |       | 33.3              |       |             |       |
| Tarragona, Spain                                                                                   |       |              |       |             |       |
| H. Drisfhout ES Zoon’s  B.V.                                                                  |       | 45.0              |       |             |       |
| the Netherlands                                                                                    |       |              |       |             |       |
| HydroWingas Ltd.                                                                                   |       | 32.5              |       |             |       |
| Richmond, United Kingdom                                                                           |       |              |       |             |       |
| Kartal Kimya San. ve  Tic. A.S.                                                                    |       | 25.1              |       | 25.1             |       |
| Istanbul, Turkey                                                                                   |       |              |       |             |       |
| Nord Stream AG                                                                                     |       | 24.5              |       |             |       |
| Zug, Switzerland                                                                                   |       |              |       |             |       |
| OOO Elastokam                                                                                      |       | 50.0              |       |             |       |
| Nishnekamsk Promsona,  Russian Federation                                                          |       |              |       |             |       |
| Société de Participation  dans l’industrie et le Transport du Pétrole S.A.R.L. |       | 27.22             |       | 27.22            |       |
| Neuilly-sur-Seine, France                                                                          |       |              |       |             |       |
| TAPP A.I.E. Terminal de  Atraque de Prod. Petroquim                                                |       | 50.0              |       |             |       |
| Tarragona, Spain                                                                                   |       |              |       |             |       |
| WIEE Romania S.R.L                                                                                 |       | 50.0              |       |             |       |
| Bucharest, Romania                                                                                 |       |              |       |             |       |
| Wirom Gas S.A.                                                                                     |       | 25.56             |       |             |       |
| Bucharest, Romania                                                                                 |       |              |       |             |       |
| OOO Wolgodeminoil                                                                                  |       | 50.0              |       |             |       |
| Wolgograd, Russian  Federation                                                                     |       |              |       |             |       |
| Yasar BASF Automotive  Coatings Company Ltds.                                                      |       | 50.0              |       |             |       |
| Izmir, Turkey                                                                                      |       |              |       |             |       |
|                                                                                               |       |              |       |             |       |
| **North America (NAFTA)**                                                                          |       |              |       |             |       |
|                                                                                               |       |              |       |             |       |
| Buckeye Products  Pipeline LP                                                                      |       | 22.0              |       |             |       |
| Houston, Texas                                                                                     |       |              |       |             |       |
| Codaco, Inc. USA                                                                                   |       | 33.3              |       |             |       |
| Rochester, New York                                                                                |       |              |       |             |       |
| Fort Amanda  Specialities LLC                                                                      |       | 50.0              |       |             |       |
| Lima, Ohio                                                                                         |       |              |       |             |       |
| Gulf Coast Pipeline LP                                                                             |       | 22.0              |       |             |       |
| Houston, Texas                                                                                     |       |              |       |             |       |
| Splice Sleeve North  America Inc.                                                                  |       | 32.5              |       |             |       |
| Ontario, California                                                                                |       |              |       |             |       |
|                                                                                               |       |              |       |             |       |
| **Asia Pacific**                                                                                   |       |              |       |             |       |
|                                                                                               |       |              |       |             |       |
| Bell Engineering Co.  Ltd.                                                                         |       | 50.0              |       |             |       |
| Osaka, Japan                                                                                       |       |              |       |             |       |
| Nihon Splice Sleeve Ltd.                                                                           |       | 32.5              |       |             |       |
| Tokyo, Japan                                                                                       |       |              |       |             |       |
| Nisso BASF Agro Co.  Ltd.                                                                          |       | 45.0              |       | 45.0             |       |
| Tokyo, Japan                                                                                       |       |              |       |             |       |

 

33

----

 
|                                         | ** ** | **Participating** | ** ** | **Thereof**      | ** ** |
|-----------------------------------------|------------|-------------------|------------|------------------|------------|
| **Company and headquarters**  | ** ** | **interest**      | ** ** | **BASF AG** | ** ** |
| ** **                              | ** ** | **(%)**           | ** ** | **(%)**          | ** ** |
|                                    |       |              |       |             |       |
| NKM Coatings Co. Ltd.                   |       | 50.0              |       |             |       |
| Tokyo, Japan                            |       |              |       |             |       |
| NOF (Thailand) Ltd.                     |       | 40.0              |       |             |       |
| Bangkok, Thailand                       |       |              |       |             |       |
| Pigment Manufactures of  Australia Ltd. |       | 50.0              |       |             |       |
| Laverton, Australia                     |       |              |       |             |       |
| Santoku BASF Pte. Ltd.                  |       | 49.0              |       | 49.0             |       |
| Singapore                               |       |              |       |             |       |
| Vitacolor Industries Inc.               |       | 40.0              |       | 40.0             |       |
| Manila, Philippines                     |       |              |       |             |       |
|                                    |       |              |       |             |       |
| **South  America, Africa, Middle East** |       |              |       |             |       |
|                                    |       |              |       |             |       |
| BASF Construction Chemicals  (Oman) LLC |       | 49.0              |       |             |       |
| Oman                                    |       |              |       |             |       |
| BASF Kanoo Gulf FZE                     |       | 49.0              |       |             |       |
| Dubai, United Arab  Emirates            |       |              |       |             |       |
| BASF Kanoo Gulf LLC                     |       | 49.0              |       | 49.0             |       |
| Dubai, United Arab Emirates             |       |              |       |             |       |
| BASF Tunisie S.A.                       |       | 49.0              |       | 49.0             |       |
| Megrine, Tunesia                        |       |              |       |             |       |
| Ingredia Alimentacion Animal  S.A.      |       | 37.2              |       |             |       |
| Caracas, Venezuela                      |       |              |       |             |       |
| MBT Trading SAE                         |       | 47.9              |       |             |       |
| Giza, Egypt                             |       |              |       |             |       |

 

3.       Participating interests of between 5 and 20 percent in majorcorporations (Section 285, No. 11 of the German Commercial Code)

 
|                                        | ** ** | ** **        | ** ** | ** **       | ** ** | **Stock-**        | ** ** | ** **          | ** ** | ** **          | ** ** |
|----------------------------------------|------------|-------------------|------------|------------------|------------|-------------------|------------|---------------------|------------|---------------------|------------|
| ** **                             | ** ** | **Participating** | ** ** | **Thereof**      | ** ** | **holders’** | ** ** | ** **          | ** ** | ** **          | ** ** |
| **Company and headquarters** | ** ** | **interest**      | ** ** | **BASF AG** | ** ** | **equity**        | ** ** | **Net income** | ** ** | **Currency**        | ** ** |
| ** **                             | ** ** | **(%)**           | ** ** | **(%)**          | ** ** | **(millions)**    | ** ** | **(millions)**      | ** ** | **(ISO code)** | ** ** |
|                                   |       |              |       |             |       |              |       |                |       |                |       |
| **Germany**                            |       |              |       |             |       |              |       |                |       |                |       |
|                                   |       |              |       |             |       |              |       |                |       |                |       |
| K + S Aktiengesellschaft               |       | 10.0              |       | 10.0             |       | 277.9             | *          | 100.4               | *          | EUR                 |       |
| Kassel                                 |       |              |       |             |       |              |       |                |       |                |       |
| VNG-Verbundnetz Gas AG                 |       | 15.8              |       |             |       | 538.6             | *          | 93.7                | *          | EUR                 |       |
| Leipzig                                |       |              |       |             |       |              |       |                |       |                |       |

 

----

* Financial Statements 2005

34

----

 

III.   Information on subsidiaries

The German subsidiaries listed below, which have the legal form ofeither a corporation or a partnership, make use of the exemptions offered bySection 264, [3] or Section 264 b of the German Commercial Code, respectively.
| **Company and  headquarters**                                  |
|----------------------------------------------------------------|
| ** **                                                     |
| **Germany**                                                    |
|                                                           |
| BASF Bauchemie GmbH

Trostberg                                 |
|                                                           |
| BASF Coatings AG

Münster                                 |
|                                                           |
| BASF Construction Chemicals GmbH

Trostberg                    |
|                                                           |
| BASF Construction Polymers GmbH

Trostberg                     |
|                                                           |
| BASF Electronic Materials GmbH

Ludwigshafen (Rhine)           |
|                                                           |
| BASF Performance Polymers GmbH

Rudolstadt                     |
|                                                           |
| BASF PharmaChemikalien GmbH & Co. KG

Ludwigshafen (Rhine) |
|                                                           |
| BASF Pigment GmbH

Ludwigshafen (Rhine)                        |
|                                                           |
| BASF Power GmbH & Co. KG

Ludwigshafen (Rhine)             |
|                                                           |
| BASF Schwarzheide GmbH

Schwarzheide                           |
|                                                           |
| BTC Specialty Chemical Distribution GmbH

Cologne              |
|                                                           |
| Colfirmit Rajasil GmbH & Co KG

Marktredwitz               |
|                                                           |
| Construction Research & Technology GmbH

Trostberg         |
|                                                           |
| Dr. Wolman GmbH

Sinzheim                                      |
|                                                           |
| Elastogran GmbH

Lemförde                                 |
|                                                           |
| Haidkopf GmbH

Kassel                                          |
|                                                           |
| LUWOGE GmbH

Ludwigshafen (Rhine)                              |
|                                                           |
| PCI Augsburg GmbH

Augsburg                                    |
|                                                           |
| Relius Coatings GmbH & Co. KG

Oldenburg                   |
|                                                           |
| WINGAS GmbH

Kassel                                            |

35

----

 
| **Company and headquarters**                                                    |
|---------------------------------------------------------------------------------|
|                                                                            |
| Wintershall AG

Kassel                                                          |
|                                                                            |
| Wintershall Erdgas Beteiligungs-GmbH

Kassel                                    |
|                                                                            |
| Wintershall Erdgas Handelshaus GmbH & Co. KG

Berlin                        |
|                                                                            |
| Wintershall Erdgas Verwaltungs-GmbH

Kassel                                     |
|                                                                            |
| Wintershall Explorations- und  Produktions-Beteiligungsgesellschaft mbH

Kassel |
|                                                                            |
| Wintershall Holding AG

Kassel                                                  |
|                                                                            |
| WINGAS Holding GmbH

Kassel                                                     |
|                                                                            |
| Wintershall Lenkoran GmbH

Kassel                                               |
|                                                                            |
| Wintershall Libyen Oil & Gas GmbH

Kassel                                   |
|                                                                            |
| WINGAS Transport GmbH & Co. KG

Kassel                                      |
|                                                                            |
| Wintershall Vermögensverwaltungsgesellschaft mbH

Ludwigshafen (Rhine)     |

 

36

----