BASF now a European Company (SE)
The conversion of BASF Aktiengesellschaft into a European Company (Societas Europaea, SE) was officially completed with the entry of the name in the commercial register of the Ludwigshafen district court. As of January 14, 2008, the company’s name is BASF SE. The conversion process thus took less than 12 months: The Annual Meeting approved the conversion on April 26, 2007, and the employee participation agreement was reached with employee representatives in mid-November 2007. The newly constituted Supervisory Board of BASF SE, now consisting with immediate effect of 12 members: six shareholder representatives and six employee representatives appointed the members of the Board of Executive Directors of BASF SE on December 5, 2007. The first Supervisory Board will govern until the Annual Meeting 2009. Also with immediate effect, BASF SE has established a new European works council (BASF Europa Betriebsrat) consisting of 23 members from 12 European countries. The headquarters and chief administrative offices of BASF SE will remain in Ludwigshafen. The new commercial register number is HRB 6000.
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