21 Dec EPL Board of Directors

Dear EPL members,

We wish to inform you that Mr. Yosef Landesman has decided to retire as the President of the EPL Board of Directors. He will remain a member of the EPL Board of Directors.

His succesor and our new President of the EPL Board of Directors is Mr. Ernst Frass. He joined the EPL Board in December 2015 and has been an active member of EPL since a long time for BASF SE.

Ernst has joined BASF in 1985 as a student. After graduation, he joined the purchasing department, where he held various positions over the following years. In 1995 he started a delegation as a sourcing manager in Mumbai, India and after stops in different functions in Shanghai, China and Mount Olive, USA, he returned in 2004 back to BASF purchasing headquarters in Ludwigshafen, Germany. In 2005 he joined the marketing and sales department for petrochemicals, responsible for propylene and later for ethylene. Since 2019 his current position is Manager Product & Commercial Management Styrene.

It is with great honor that Mr. Ernst Frass will be the President of the EPL Board of Directors and continue Mr. Yosef Landesman’s work.

Sincerely,

EPL Committee