BASF Environmental Catalyst and Metal Solutions breaks ground on new green hydrogen investment in Budenheim, Germany Leave a reply Groundbreaking of new green hydrogen production facility in Budenheim, Germany Pictured left to right: Dr. Günter Krummel, Gesellschafter Trigona FCC; André Semann, CFO Budenheim; Meaghan McGuire, Head of Strategic Marketing, Hydrogen, BASF ECMS; Tim Ingle, SVP Precious Metal Services and Recycling, BASF ECMS; Saeed Alerasool, SVP R&D and Application, BASF ECMS; Daniel Malko, Head of Operations, Hydrogen, BASF ECMS; Armin Arnaut, Senior Manager Bau- & Facility management Geschwister Oetker Beteiligungen KG; Jason Cox, Global Head of Hydrogen Business, BASF ECMS; Katarzyna Postawa, EMEA Communications Manager, BASF ECMS; Jurica Vidaković, Geschäftsführer Trigona FCC; Thomas Reinel, Geschäftsführer ries+ries Architekten Ingenieure GmbH; Christian Meyer, Bauingenieur Budenheim New facility will produce electrolysis and fuel cell components to support the global energy transition Production is planned to commence in the summer of 2025 Joint investment with other partners BUDENHEIM, Germany, July 10, 2024 (GLOBE NEWSWIRE) — BASF Environmental Catalyst and Metal Solutions (ECMS) commenced construction of its first state-of-the-art production facility for green hydrogen and fuel cell components in Budenheim, Germany, near Frankfurt. The products produced at this site will include newly developed low-iridium-loaded catalyst coated membranes (CCMs), a key functional part for proton exchange membrane (PEM) water electrolysis. This will complement the Celtec® membrane electrode assemblies (MEAs) for high-temperature fuel cells, which will also be produced at the facility. MEAs are critical components in fuel cells that enable hydrogen together with oxygen from the air to be converted efficiently into electricity. The ECMS hydrogen business operates globally, with activities in Europe, North America and Asia. As the renewable energy ecosystem develops rapidly, the production of green hydrogen from water electrolysis will become a crucial pillar in supporting the global energy transition. The new facility will enable

BASF Environmental Catalyst and Metal Solutions breaks ground on new green hydrogen investment in Budenheim, Germany Leave a reply Groundbreaking of new green hydrogen production facility in Budenheim, Germany Pictured left to right: Dr. Günter Krummel, Gesellschafter Trigona FCC; André Semann, CFO Budenheim; Meaghan McGuire, Head of Strategic Marketing, Hydrogen, BASF ECMS; Tim Ingle, SVP Precious Metal Services and Recycling, BASF ECMS; Saeed Alerasool, SVP R&D and Application, BASF ECMS; Daniel Malko, Head of Operations, Hydrogen, BASF ECMS; Armin Arnaut, Senior Manager Bau- & Facility management Geschwister Oetker Beteiligungen KG; Jason Cox, Global Head of Hydrogen Business, BASF ECMS; Katarzyna Postawa, EMEA Communications Manager, BASF ECMS; Jurica Vidaković, Geschäftsführer Trigona FCC; Thomas Reinel, Geschäftsführer ries+ries Architekten Ingenieure GmbH; Christian Meyer, Bauingenieur Budenheim New facility will produce electrolysis and fuel cell components to support the global energy transition Production is planned to commence in the summer of 2025 Joint investment with other partners BUDENHEIM, Germany, July 10, 2024 (GLOBE NEWSWIRE) — BASF Environmental Catalyst and Metal Solutions (ECMS) commenced construction of its first state-of-the-art production facility for green hydrogen and fuel cell components in Budenheim, Germany, near Frankfurt. The products produced at this site will include newly developed low-iridium-loaded catalyst coated membranes (CCMs), a key functional part for proton exchange membrane (PEM) water electrolysis. This will complement the Celtec® membrane electrode assemblies (MEAs) for high-temperature fuel cells, which will also be produced at the facility. MEAs are critical components in fuel cells that enable hydrogen together with oxygen from the air to be converted efficiently into electricity. The ECMS hydrogen business operates globally, with activities in Europe, North America and Asia. As the renewable energy ecosystem develops rapidly, the production of green hydrogen from water electrolysis will become a crucial pillar in supporting the global energy transition. The new facility will enable

BASF Environmental Catalyst and Metal Solutions breaks ground on new green hydrogen investment in Budenheim, Germany Leave a reply Groundbreaking of new green hydrogen production facility in Budenheim, Germany Pictured left to right: Dr. Günter Krummel, Gesellschafter Trigona FCC; André Semann, CFO Budenheim; Meaghan McGuire, Head of Strategic Marketing, Hydrogen, BASF ECMS; Tim Ingle, SVP Precious Metal Services and Recycling, BASF ECMS; Saeed Alerasool, SVP R&D and Application, BASF ECMS; Daniel Malko, Head of Operations, Hydrogen, BASF ECMS; Armin Arnaut, Senior Manager Bau- & Facility management Geschwister Oetker Beteiligungen KG; Jason Cox, Global Head of Hydrogen Business, BASF ECMS; Katarzyna Postawa, EMEA Communications Manager, BASF ECMS; Jurica Vidaković, Geschäftsführer Trigona FCC; Thomas Reinel, Geschäftsführer ries+ries Architekten Ingenieure GmbH; Christian Meyer, Bauingenieur Budenheim New facility will produce electrolysis and fuel cell components to support the global energy transition Production is planned to commence in the summer of 2025 Joint investment with other partners BUDENHEIM, Germany, July 10, 2024 (GLOBE NEWSWIRE) — BASF Environmental Catalyst and Metal Solutions (ECMS) commenced construction of its first state-of-the-art production facility for green hydrogen and fuel cell components in Budenheim, Germany, near Frankfurt. The products produced at this site will include newly developed low-iridium-loaded catalyst coated membranes (CCMs), a key functional part for proton exchange membrane (PEM) water electrolysis. This will complement the Celtec® membrane electrode assemblies (MEAs) for high-temperature fuel cells, which will also be produced at the facility. MEAs are critical components in fuel cells that enable hydrogen together with oxygen from the air to be converted efficiently into electricity. The ECMS hydrogen business operates globally, with activities in Europe, North America and Asia. As the renewable energy ecosystem develops rapidly, the production of green hydrogen from water electrolysis will become a crucial pillar in supporting the global energy transition. The new facility will enable

BASF Environmental Catalyst and Metal Solutions breaks ground on new green hydrogen investment in Budenheim, Germany Leave a reply Groundbreaking of new green hydrogen production facility in Budenheim, Germany Pictured left to right: Dr. Günter Krummel, Gesellschafter Trigona FCC; André Semann, CFO Budenheim; Meaghan McGuire, Head of Strategic Marketing, Hydrogen, BASF ECMS; Tim Ingle, SVP Precious Metal Services and Recycling, BASF ECMS; Saeed Alerasool, SVP R&D and Application, BASF ECMS; Daniel Malko, Head of Operations, Hydrogen, BASF ECMS; Armin Arnaut, Senior Manager Bau- & Facility management Geschwister Oetker Beteiligungen KG; Jason Cox, Global Head of Hydrogen Business, BASF ECMS; Katarzyna Postawa, EMEA Communications Manager, BASF ECMS; Jurica Vidaković, Geschäftsführer Trigona FCC; Thomas Reinel, Geschäftsführer ries+ries Architekten Ingenieure GmbH; Christian Meyer, Bauingenieur Budenheim New facility will produce electrolysis and fuel cell components to support the global energy transition Production is planned to commence in the summer of 2025 Joint investment with other partners BUDENHEIM, Germany, July 10, 2024 (GLOBE NEWSWIRE) — BASF Environmental Catalyst and Metal Solutions (ECMS) commenced construction of its first state-of-the-art production facility for green hydrogen and fuel cell components in Budenheim, Germany, near Frankfurt. The products produced at this site will include newly developed low-iridium-loaded catalyst coated membranes (CCMs), a key functional part for proton exchange membrane (PEM) water electrolysis. This will complement the Celtec® membrane electrode assemblies (MEAs) for high-temperature fuel cells, which will also be produced at the facility. MEAs are critical components in fuel cells that enable hydrogen together with oxygen from the air to be converted efficiently into electricity. The ECMS hydrogen business operates globally, with activities in Europe, North America and Asia. As the renewable energy ecosystem develops rapidly, the production of green hydrogen from water electrolysis will become a crucial pillar in supporting the global energy transition. The new facility will enable