Bayer Aktiengesellschaft: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution

Notification of Major Holdings

1. Details of issuer

Name:	Bayer Aktiengesellschaft
Street:	Kaiser-Wilhelm-Allee 1
Postal code:	51373
City:	Leverkusen Germany
Legal Entity Identifier (LEI):	549300J4U55H3WP1XT59

2. Reason for notification

X	Acquisition/disposal of shares with voting rights
	Acquisition/disposal of instruments
	Change of breakdown of voting rights
	Other reason:

3. Details of person subject to the notification obligation

Legal entity: Government of Singapore, represented by Minister for Finance City of registered office, country: Singapore, Republic of Singapore, Singapore

4. Names of shareholder(s)
holding directly 3% or more voting rights, if different from 3.

5. Date on which threshold was crossed or reached:

08 Jun 2026

6. Total positions

	% of voting rights attached to shares (total of 7.a.)	% of voting rights through instruments (total of 7.b.1 + 7.b.2)	Total of both in % (7.a. + 7.b.)	Total number of voting rights pursuant to Sec. 41 WpHG
New	2.90 %	0.00 %	2.90 %	982424082
Previous notification	3.97 %	0.20 %	4.17 %	/

7. Details on total positions
a. Voting rights attached to shares (Sec. 33, 34 WpHG)

ISIN	Absolute		In %
	Direct (Sec. 33 WpHG)	Indirect (Sec. 34 WpHG)	Direct (Sec. 33 WpHG)	Indirect (Sec. 34 WpHG)
	0	28490299	0.00 %	2.90 %
Total	28490299		2.90 %

b.1. Instruments according to Sec. 38 (1) no. 1 WpHG

Type of instrument	Expiration or maturity date	Exercise or conversion period	Voting rights absolute	Voting rights in %
			0	0.00 %
		Total	0	0.00 %

b.2. Instruments according to Sec. 38 (1) no. 2 WpHG

Type of instrument	Expiration or maturity date	Exercise or conversion period	Cash or physical settlement	Voting rights absolute	Voting rights in %
				0	0.00 %
			Total	0	0.00 %

8. Information in relation to the person subject to the notification obligation

	Person subject to the notification obligation is not controlled nor does it control any other undertaking(s) that directly or indirectly hold(s) an interest in the (underlying) issuer (1.).
X	Full chain of controlled undertakings starting with the ultimate controlling natural person or legal entity:

Name	% of voting rights (if at least 3% or more)	% of voting rights through instruments (if at least 5% or more)	Total of both (if at least 5% or more)
Government of Singapore, represented by the Minister for Finance	%	%	%
Temasek Holdings (Private) Limited	%	%	%
Tembusu Capital Pte. Ltd.	%	%	%
Bartley Investments Pte. Ltd.	%	%	%
Ellington Investments Pte. Ltd.	%	%	%

9. In case of proxy voting according to Sec. 34 para. 3 WpHG
(only in case of attribution of voting rights in accordance with Sec. 34 para. 1 sent. 1 No. 6 WpHG)

Date of general meeting:
Holding total positions after general meeting (6.) after annual general meeting:

Proportion of voting rights	Proportion of instruments	Total of both
%	%	%

10. Other explanatory remarks:

Temasek Holdings (Private) Limited is wholly owned by the Government of Singapore through the Minister for Finance ("MoF"), a body corporate incorporated under Singapore's Minister for Finance (Incorporation) Act 1959. Temasek operates solely on commercial principles and legally owns and manages its assets. The Government of Singapore plays no role in decisions on individual investments or divestments made by Temasek.

Date

10 Jun 2026