Author: pr-moritz
Last saved by: Roland Birkhoff
Company: Bayer
Document comments: V-2025-03-04

Bayer initiates auditor rotation process 
Supervisory Board planning to propose PwC as auditor from 2027 
at Annual Stockholders’ Meeting

Leverkusen, September 9, 2025 – The Supervisory Board of Bayer AG has decided to propose PricewaterhouseCoopers GmbH (PwC) as auditor of the Annual Financial Statements of Bayer AG and the Consolidated Financial Statements of the Bayer Group for fiscal 2027, with a corresponding resolution to be put forward at the Annual Stockholders’ Meeting. The Supervisory Board decision was based on a recommendation by its Audit Committee. 

As regards the audit of the Annual Financial Statements of Bayer AG and the Consolidated Financial Statements for Bayer Group for 2026, the Supervisory Board intends to propose current auditor Deloitte GmbH at the 2026 Annual Stockholders’ Meeting.

The change in auditor from 2027 is based on a legal rotation requirement, since Deloitte GmbH will have reached the maximum time of auditor engagement as set out under the FISG, the German law to strengthen financial market integrity, once it has completed its audit of the 2026 Financial Statements. Deloitte has been auditing the Annual Financial Statements of Bayer AG and the Consolidated Financial Statements of the Bayer Group since fiscal 2017.

Prior to the Supervisory Board reaching its decision to propose PwC as auditor, Bayer conducted a tender in line with the relevant provisions under the EU Regulation on the statutory audit of public-interest entities. The selection process was carried out at an early stage in order to give the new auditor an adequate amount of time to cease non-audit services, thus ensuring a smooth transition.

About Bayer
Bayer is a global enterprise with core competencies in the life science fields of health care and nutrition. In line with its mission, “Health for all, Hunger for none,” the company’s products and services are designed to help people and the planet thrive by supporting efforts to master the major challenges presented by a growing and aging global population. Bayer is committed to driving sustainable development and generating a positive impact with its businesses. At the same time, the Group aims to increase its earning power and create value through innovation and growth. The Bayer brand stands for trust, reliability and quality throughout the world. In fiscal 2024, the Group employed around 93,000 people and had sales of 46.6 billion euros. R&D expenses amounted to 6.2 billion euros. For more information, go to www.bayer.com.

Contact for media inquiries:
Christian Hartel, phone +49 214 30-47686
Email: christian.hartel@bayer.com

Tino Andresen, phone +49 214 30-66048
Email: tino.andresen@bayer.com

ha	(2025-0173E)

Forward-Looking Statements
This release may contain forward-looking statements based on current assumptions and forecasts made by Bayer management. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. These factors include those discussed in Bayer’s public reports which are available on the Bayer website at www.bayer.com. The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.

Bayer AG is a holding company with operating subsidiaries worldwide. References to “Bayer” or “the company” herein may refer to one or more subsidiaries as context requires.