Covestro AG: directors' dealings · Germany · BaFin

About Covestro AG

Covestro AG is a chemicals and advanced materials group listed on Xetra/Frankfurt (DAX/MDAX/SDAX) in Germany, with headquarters in Leverkusen. The company was created when Bayer MaterialScience became legally independent and adopted the Covestro name on 1 September 2015, followed by its IPO later that year. While the listed entity is relatively young, its industrial roots go back much further through Bayer’s long-standing work in polyurethanes, polycarbonates and related material sciences. Today, Covestro is positioned as a global supplier of high-performance polymer materials, with a strategic focus on circularity, energy efficiency and more sustainable solutions for industrial customers. Covestro operates through two reportable segments: Performance Materials and Solutions & Specialties. Performance Materials covers core products and intermediates linked mainly to polyurethanes and polycarbonates. Solutions & Specialties is the more application-oriented arm of the group and includes business entities such as Engineering Plastics, Coatings & Adhesives, Tailored Urethanes, Thermoplastic Polyurethanes, Specialty Films and Elastomers. This structure gives Covestro a balanced business model that combines large industrial volumes with formulation expertise, application know-how and higher-value specialty offerings. Key product families include Makrolon® polycarbonates, Desmodur® polyisocyanates, and a broad portfolio of foams, coatings, adhesives, films and thermoplastic elastomers. These materials are used across automotive, electronics, construction, insulation, consumer goods, medical devices, protective coatings and many other industrial end markets. From a competitive standpoint, Covestro benefits from a strong brand franchise, deep technical capabilities and a broad international footprint. At the same time, the business remains exposed to the typical challenges of the chemical sector: cyclical demand, pricing pressure, feedstock sensitivity and overcapacity in certain product groups. Geographically, Covestro is a genuinely global industrial group, with operations and employees across Europe, North America and Asia-Pacific. At year-end 2024, the group comprised 55 consolidated companies in addition to Covestro AG and employed more than 17,500 full-time equivalents, underlining its substantial manufacturing and commercial footprint. The company remains headquartered in Leverkusen, Germany, which is relevant for investors following German governance standards and MAR Article 19 director dealings disclosures filed with BaFin. Recent highlights include Covestro’s 2025 full-year results, which were reported within the revised guidance range despite a persistently difficult market environment marked by weak global demand, intense competition and production disruption from the Dormagen Chempark fire. The group also advanced its strategic transformation through the completion of its partnership with XRG, supported by a capital increase that strengthened the balance sheet. In addition, Covestro continued to pursue sustainability-led investments and portfolio expansion, including the 2025 acquisition of Pontacol to broaden its film business.