Corporate Governance

Managers’ Transactions

The members of the Board of Management and the Supervisory Board of Bayer AG, as well as persons closely associated with them, shall notify Bayer AG and the Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin)) of transactions in financial instruments of Bayer AG (such as shares or bonds) or derivates of these financial instruments.

Any subsequent transactions once a total transaction volume of € 20,000 has been reached within a calendar year must be reported.


The Board of Management and Supervisory Board members’ total holdings in Bayer AG shares, as reported to the company, on December 31, 2022 for the financial statements were equivalent to less than 1% of the issued shares.


All transactions that are subject to disclosure requirements are listed, together with the information required by law (before July 3, 2016 pursuant to section 15a of the German Securities Trading Act (WpHG); from July 3, 2016 pursuant to Art. 19 of the Market Abuse Regulation).