c t s | f a e s R g u I f | s e M a n 2011 | 2012 2011/2012 edition • E 941 137 875 137 941 E • edition 2011/2012 Please fill out in block letters Place Name stamp here First name Street address Postal code / city Reply Country Bayer AG c/o Finger Marketing Services Email Postfach 100 538 41405 Neuss Germany Phone polyurethane foam. a polyurethane of micrograph electron scanning a viewing University Aachen of d’Elia Daniela scientist and MaterialScience, Bayer manager at project Gürtler, Christoph Dr. chemist shows picture The polymers. of manufacture the in materials raw fossil conventional The idea is to chemically bind bind chemically to is idea The production. industrial sustainable for material raw valuable a as dioxide carbon climate-damaging using at aimed project duction” Pro “Dream the in industry and science with partnering is Bayer c ove R P I ctu R e co 2 and use it to partially replace replace partially to it use and rwth - The product names designated with l Germany, respectively. to Bayer Schering Pharma AG, Berlin, Germany, or its predecessor, Schering AG, Berlin,The names “Bayer Schering Pharma” or “Schering” as used in this publication always referImportant Information future events or developments. no liability whatsoever to update these forward-looking statements orports, to conform them which to are available on the Bayer website at www.bayer.com. The company assumesthe estimates given here. These factors include those described in Bayer’s publishedactual future re results, financial situation, development or performance of knownthe company risks, and uncertainties and other factors could lead to material differencesand forecasts between made the by Bayer Group or subgroup management. Various known and un This publication may contain forward-looking statements based on current assumptions partners and are registered trademarks in many countries. f April Currenta GmbH Currenta www.bayer.com Language Service Email: [email protected] phone+ KatrinSchneider, Dr. Communications, Bayer AG, Masthead Publishedby e Bayeronthe Internet e orward- egal ditor nglishedition n 2011 otice l ooking s tatements & Co.OHG TM are brands of the Bayer Group or our distribution 51368 49 2143048825 Leverkusen,Germany Masthead - - 45 Financial Calendar Please send Me the followIng PuBlIcatIons: annual Report names | figures | facts q1 2011 Interim Report German German april 28, 2011 English English Annual Stockholders’ Meeting 2011 stockholders’ newsletter direkt (newspaper for Bayer employees april 29, 2011 German and retirees) English German Payment of Dividend may 2, 2011 sustainable development Report direkt (newspaper for Bayer’s neighbors) German German q2 2011 Interim Report English july 28, 2011 report (company magazine) q3 2011 Interim Report German october 27, 2011 English Please send me the current edition of the publications indicated. 2011 Annual Report research (scientific magazine) february 28, 2012 German Please add my name to the mailing list for the English publications indicated. Annual Stockholders’ Meeting 2012 april 27, 2012 Names | Figures | Facts 2011 | 2012 conTents 1 Contents Bayer Group Mission 2 Organization 4 Board of Management 6 Supervisory Board, Corporate Governance 8 Sites and Regions 10 Business Trends 12 Investor Information 14 SubgroupS and Service companieS Bayer HealthCare 16 Bayer CropScience 20 Bayer MaterialScience 24 Service Companies 28 oTHER TOPICS Research and Development 30 Employees 32 Sustainability 34 History 38 Dialogue 42 Masthead 45 2 / / BAYER nameS | FiGureS | Facts Bayer: Science For A Better Life Bayer is a global enterprise with core compe- tencies in the fields of health care, nutrition and high-tech materials. As an inventor company, we set trends in research-intensive areas. Our products and services are de- signed to benefit people and improve their quality of life. At the same time we aim to create value through innovation, growth and high earning power. We are committed to the principles of sustainable development and to our social and ethical responsibilities as a corporate citizen. Bayer AG headquarters in Leverkusen www.bayer.com > Bayer Group > Mission & Values mission 3 Our Values Bayer’s corporate culture is an important factor in the company’s success. Central to this culture are our values: Leadership, Integrity, Flexibility and Efficiency – or LiFe for short. l L e a d e r sh i p • Be passionate for people and performance • Show personal drive, inspire and motivate others • Be accountable for actions and results, successes and failures • Treat others fairly and with respect • Give clear, candid and timely feedback • Manage conflicts constructively • Create value for all our stakeholders i i n T e G r i T y • Be a role model • Comply with laws, regulations and good business practices • Trust others and build trustful relationships • Be honest and reliable • Listen attentively and communicate appropriately • Ensure sustainability: balance short-term results with long-term requirements • Care about people, safety and the environment f fl e x i B i L i T y • Drive change actively • Be ready to adapt to future trends and needs • Challenge the status quo • Think and act with customers in mind • Seek out opportunities and take calculated risks • Be open-minded • Embrace lifelong learning e e ff i c i e n c y • Manage resources smartly • Focus on activities that create value • Do things simply and effectively • Deliver with appropriate costs, speed and quality • Speed up good decision-making • Be accountable for consistent execution • Collaborate for better solutions 4 / / BAYER nameS | FiGureS | Facts Organization Bayer AG defines common values, goals and strategies for the entire Group. The three subgroups and three service companies operate independently, led by the management holding com- pany. The Corporate Center supports the Group Management Board in its task of strategic leadership. BAYER aG (HoLdinG company) Group management Board marijn dekkers Chairman Werner Baumann Finance Wolfgang plischke Technology, Innovation & Environment richard pott * Strategy & Human Resources corporate center departments Corporate Office Finance Jörg Krell Johannes dietsch Communications Corporate Development michael Schade alexander moscho Investor Relations Law & Patents, Insurance alexander rosar roland Hartwig Corporate Auditing Environment & Sustainability rainer meyer Wolfgang Grosse entrup Corporate Human Group Accounting & Controlling Resources & Organization ulrich Hauck Horst-uwe Groh Regional Coordination ian paterson * Labor Director ** Michael A. Schulz effective June 1, 2011 Status: April 1, 2011 orGanizaTion 5 BuSINESS AREAS Bayer Healthcare Chairman Jörg reinhardt Animal Health Jean-Luc Lowinski Consumer Care erica L. mann Medical Care alain main Pharmaceuticals andreas Fibig Global Drug Discovery andreas Busch Global Development Kemal malik Chief Administration Officer manfred vehreschild Product Supply Hartmut Klusik * General Counsel alexander Bey Human Resources andreas Günther Communications markus pickel Business Development & Licensing n. n. Bayer cropScience Chairman Sandra e. peterson Chief Operating Officer Lykele van der Broek Human Resources michael Haug Research alexander Klausener Communications Steffen Kurzawa General Counsel Gerhart marchand Industrial Operations achim noack Development Franz-Josef placke Environmental Science Gunnar riemann Strategy & Business Management rüdiger Scheitza * Business Planning & Administration dirk Suwelack ** Bayer materialScience Chairman patrick Thomas Administration axel Steiger-Bagel Industrial Operations Tony van osselaer * Polycarbonates Günter Hilken Polyurethanes peter vanacker Coatings, Adhesives, Specialties Joachim Wolff SERVICE AREAS Bayer Business Bayer Technology currenta Services Services daniel Hartert dirk van meirvenne Klaus Schäfer Chairman of the Managing Director Chairman of the Executive Board Executive Board norbert Fieseler * Joachim Waldi * Member of the Member of the Executive Board Executive Board 6 / / BAYER nameS | FiGureS | Facts Board of Management of Bayer AG DR. mariJn dekkerS chairman Born in 1957 in the Dutch city of Tilburg, Dekkers studied chemistry and chemical engineering in Nijmegen and Eindhoven. After gaining a Ph.D., he began a career in research with General Electric in the United States. In 1995 he moved to Honeywell. In 2000 Dekkers was appointed Chief Operating Officer of Thermo Electron Corporation, becoming President and ceo two years later. This company later acquired Fisher Scientific and was renamed Thermo Fisher Scientific Inc. He succeeded Werner Wenning effective October 1, 2010. Marijn Dekkers is married with three daughters. Werner Baumann Finance · europe region Born in Krefeld in 1962, Werner Baumann studied economics in Aachen and Cologne. He joined Bayer AG in 1988, where his first duties were in the Corporate Finance Department. Baumann subsequently held posi- tions in Spain and the United States before returning to Germany in 2002 to become a member of the Executive Committee of the newly formed Bayer HealthCare subgroup and a year later a member of its Board of Management, also serving as Labor Director. He succeeded Klaus Kühn effective May 1, 2010. Werner Baumann is married with four children. Board oF manaGemenT oF Bayer aG 7 DR. WoLFGANG pLiScHKe Technology · innovation · environment · asia / Pacific region Born in 1951, Wolfgang Plischke studied biology at the University of Hohenheim, Germany. Having gained his Ph.D., Plischke began