PROFESSIONAL DEVELOPMENT PROGRAM

BASF Corporation

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uu One of the One of the world’s largest world’s largest chemical companies

uu 2002 Global Sales in excess of $2002 Global Sales in excess of $34 billion34 billion

uu Employs more than 89Employs more than 89,000 people,000 people

uu Operates production in more than Operates production in more than 40 countries40 countries

uu World headquarters in GermanyWorld headquarters in Germany

uu Maintains business relationships in more than Maintains business relationships in more than 170 nations170 nations

uu BASF is publicly traded on five of the world’s leading stock BASF is publicly traded on five of the world’s leading stock exchanges, including exchanges in New York (BF), Frankfurt exchanges, including exchanges in New York (BF), Frankfurt (BAS), London (BFA), Zurich (BAS), and Paris (BA).(BAS), London (BFA), Zurich (BAS), and Paris (BA).

The BASF GroupThe BASF Group

BASF Corporation

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uu Listed among one of Listed among one of “Global Most Admired “Global Most Admired Companies”Companies” –– Fortune Magazine 2002 and 2003Fortune Magazine 2002 and 2003

uu Listed as one of Listed as one of “America’s Most Admired “America’s Most Admired Companies”Companies” –– Fortune Magazine 2002Fortune Magazine 2002

uu Ranked among the Ranked among the Top 100 Foreign InvestorsTop 100 Foreign Investors in the in the American market American market –– Forbes Magazine 2002Forbes Magazine 2002

uu Ranked among the top Ranked among the top “European Super 50”“European Super 50”companiescompanies –– Forbes Magazine 2002Forbes Magazine 2002

The BASF GroupThe BASF Group

BASF Corporation

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The BASF GroupThe BASF Groupuu Ranked 142 of top Global 500 companies in the Ranked 142 of top Global 500 companies in the

worldworld

uu Named “World’s leading innovator in chemicals”Named “World’s leading innovator in chemicals”

uu Listed among the top three in the chemical Listed among the top three in the chemical industry in eight key areas:industry in eight key areas:

Social ResponsibilitySocial ResponsibilityEmployee TalentEmployee TalentUse of Corporate AssetsUse of Corporate AssetsQuality of Products/ServicesQuality of Products/Services

LongLong--Term Investment ValueTerm Investment ValueFinancial SoundnessFinancial Soundness

Quality of ManagementQuality of ManagementInnovativenessInnovativeness

-- Fortune Magazine 2002Fortune Magazine 2002

BASF Corporation

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uu North American affiliate of the BASF GroupNorth American affiliate of the BASF Groupuu 14,000 employees14,000 employees

uu Over 50 NAFTA LocationsOver 50 NAFTA Locations•• 40 Production Sites40 Production Sites

•• 13 Research and Development sites13 Research and Development sites

uu Among top 5 chemical companies in North Among top 5 chemical companies in North AmericaAmerica

BASF CorporationBASF Corporation

BASF Corporation

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Blackie, ABAbbotsford, BCAppleton, WIGurnee, ILDecatur, ILGreenville, OHHuntington, WVDalton, GANeosho, MOShreveport, LACarrollton, TXBeaumont, TXPort Arthur, TXTexas City, TXFreeport, TXOrange, CAEnsenada, MexMonterrey, MexAltamira, MexSanta Clara, MexGuadalajara, MexTultitlán, MexXalostoc, MexLivonia, MI

Southfield, MIDetroit, MIWyandotte, MIWindsor, ONGeorgetown, ONToronto, ONArnprior, ONCornwall, ONRensselaer, NYHeadquarters - Mt. Olive, NJSouth Brunswick, NJBelvidere/Washington, NJMonaca, PAPortsmouth, VARTP, NCCharlotte/Morganton, NCEnka, NCAnderson, SCChattanooga, TNManati, PRTheodore, ALAberdeen, MSBishop, TXGeismar, LA

BASF Locations in North AmericaBASF Locations in North America

BASF Corporation

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uu ChemicalsChemicals

uu PlasticsPlastics

uu Colorants & Finishing ProductsColorants & Finishing Products

uu Agricultural Products & NutritionAgricultural Products & Nutrition

uu Oil & GasOil & Gas

Business SegmentsBusiness Segments

BASF Corporation

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Sales by Major Customer IndustrySales by Major Customer IndustryNutrition, Health & Personal Care

Automotive

Agriculture

Chemicals

Housing & Construction

Carpets

Paper & Printing

Textiles

Electrical & Industrial Equipment

Sport Goods, Footwear

BASF Corporation

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BASF Corporation OfferingsBASF Corporation Offerings

uu Career Development SystemCareer Development System

uu Tuition ReimbursementTuition Reimbursement

uu Employee Referral ProgramEmployee Referral Program

uu Flexible Work HoursFlexible Work Hours

uu Networking OpportunitiesNetworking Opportunities

•• W&BI, AAEG, GLBT&FW&BI, AAEG, GLBT&FNote: Eligibility for the above offerings may differ from site Note: Eligibility for the above offerings may differ from site to site.to site.

BASF Corporation

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Professional Development Program Professional Development Program (PDP)(PDP)

Provides new college graduates Provides new college graduates the opportunity to apply their the opportunity to apply their

expertise through rotational, realexpertise through rotational, real--world world assignments at BASF Corporation.assignments at BASF Corporation.

BASF Corporation

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Professional Development ProgramProfessional Development Program

What does it do?What does it do?

uu Fulfills business needsFulfills business needs

uu Promotes Promotes skills developmentdevelopment

uu Provides rotational assignmentsProvides rotational assignments

uu Encourages career explorationEncourages career exploration

BASF Corporation

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PDP Options PDP Options

uu AccountingAccounting

uu Chemistry Chemistry (B.S. & M.S.)(B.S. & M.S.)

uu Engineering Engineering (Chemical & Mechanical)(Chemical & Mechanical)

uu Logistics/PurchasingLogistics/Purchasing

uu Ph.D. Chemistry Ph.D. Chemistry *** 24 month duration* 24 month duration

BASF Corporation

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Traditional Accounting PDPTraditional Accounting PDP

How does it work?How does it work?

uu 18 month program18 month program

uu Six assignments of varying durationSix assignments of varying duration

uu Assignment location/business group will varyAssignment location/business group will vary

ll Mt. Olive, NJ Corporate HeadquartersMt. Olive, NJ Corporate Headquarters

ll An additional assignment at one of our site locationsAn additional assignment at one of our site locations

BASF Corporation

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Assignment and PlacementAssignment and PlacementSelection Based on: Selection Based on:

uu Business needsBusiness needs

uu Assignment availabilityAssignment availability

uu Career development needsCareer development needs

uu Employee interestsEmployee interests

BASF Corporation

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Accounting Assignment OpportunitiesAccounting Assignment Opportunities

uu Accounting servicesAccounting services

uu Corporate accountingCorporate accounting

uu Operational accountingOperational accounting

uu Internal auditInternal audit

uu Financial planning and analysisFinancial planning and analysis

uu Site accountingSite accounting

BASF Corporation

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Assignment ProcessAssignment Process

uu Based on the employee’s skills and Based on the employee’s skills and experiences and project work available, the experiences and project work available, the Steering Committee determines the Steering Committee determines the assignment sequence.assignment sequence.

uu Location of the site assignment is Location of the site assignment is determined by business needs and the determined by business needs and the developmental needs of the employee.developmental needs of the employee.

BASF Corporation

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Placement ProcessPlacement Process

uu Based upon existing opportunities at the time of Based upon existing opportunities at the time of placement, the incumbent can choose a twoplacement, the incumbent can choose a two--year year assignment within one of the accounting assignment within one of the accounting functions on the next slide.functions on the next slide.

uu The steering committee facilitates the placement The steering committee facilitates the placement off of the PDP.off of the PDP.

BASF Corporation

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Profession OpportunitiesProfession Opportunities

uu Accounting servicesAccounting services

uu Corporate accountingCorporate accounting

uu Operational accountingOperational accounting

uu Internal auditInternal audit

uu Financial planning and analysisFinancial planning and analysis

uu Site accountingSite accounting

BASF Corporation

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Profession OpportunitiesProfession Opportunities

uu Subsequent to the twoSubsequent to the two--year initial placement, year initial placement, opportunities for advancement will be based upon opportunities for advancement will be based upon performance and will include not only the performance and will include not only the previous areas but also other financial previous areas but also other financial assignments. assignments.

uu Upon completion of the PDP, incumbents are Upon completion of the PDP, incumbents are encouraged to pursue an MBA degree.encouraged to pursue an MBA degree.

BASF Corporation

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uu Key School StrategyKey School Strategy

uu Formal Mentoring ProgramFormal Mentoring Program

uu MobilityMobility

uu Steering Committee FacilitationSteering Committee Facilitation

uu Performance OrientationPerformance Orientation

uu NetworkingNetworking

uu Training Training -- Technical and Managerial skill Technical and Managerial skill developmentdevelopment

Cornerstones of the PDPCornerstones of the PDP

BASF Corporation

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Are you interested in acquiring your CPA?Are you interested in acquiring your CPA?

BASF has a program in place within the Accounting/Finance community which

supports an employee to fulfill the experience requirements for the CPA.

BASF Corporation

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uu Career oriented ? Career oriented ?

uu Willing to relocate ?Willing to relocate ?

uu A Team Player ?A Team Player ?

uu One who takes Initiative ?One who takes Initiative ?

uu One who takes responsibility ?One who takes responsibility ?

If the answer is If the answer is YESYES, join our , join our Professional Development Program.Professional Development Program.

Are you…...Are you…...

BASF Corporation

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Check out our web site atCheck out our web site at

www.basf.com/careers

BASF Corporation

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Additional SlidesAdditional Slides

These slides are to kept in the These slides are to kept in the “hip pocket” and be used if topic “hip pocket” and be used if topic

is brought up.is brought up.

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Program Diversity Program Diversity Recruiting Season

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10%

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30%

40%

50%

60%

1997-'98

1998-'99

1999-'00

2000-'01

2001-'02

2002-'03

Female AcceptancesMinority Acceptances