Bayer Aktiengesellschaft (BAYRY) Discusses Roundup Class Settlement Agreement and Implications for U.S. Glyphosate Litigation Transcript

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Glyphosate Litigation February 17, 2026 12:30 PM EST Company Participants William Anderson - Chairman of the Management Board & CEOWolfgang Nickl - CFO & Member of Management BoardBill Dodero - General Counsel and Senior VP of Law Patents & ComplianceJost Reinhard - Senior VP & Head of Investor Relations Conference Call Participants Richard Vosser - JPMorgan Chase & Co, Research DivisionThibault Boutherin - Morgan Stanley, Research DivisionDietrich KnauthLaurent Favre - BNP Paribas, Research DivisionAlek Ebbeling - UBS Investment Bank, Research DivisionSonia WindCharles Pitman - Barclays Bank PLC, Research DivisionSebastian Bray - Joh. Berenberg, Gossler & Co. KG, Research DivisionRajesh Kumar - HSBC Global Investment Research Presentation Unknown Executive Thank you for taking the time to join our Investor and Media call on short notice. One hour ago, we announced a class settlement agreement with plaintiff lawyers in the United States glyphosate litigation. You can find the complete set of materials regarding this agreement on our website. For today's call, I'm joined by Bill Anderson, CEO of Bayer; Wolfgang Nickl, CFO of Bayer and Bill Dodero, the company's Head of Litigation and North America Legal. Jost Reinhard, our Head of Investor Relations, is also here with me today to moderate the Q&A part. But before that, Bill will start the call by highlighting what today means and how it fits within our broader strategy. Wolfgang will address the financials, and Bill Dodero will go through specifics of the proposed class settlement. Now before we begin, please note the cautionary language in our safe harbor statement. And with that, over to you, Bill. William AndersonChairman of the Management Board & CEO Yes. Thanks for joining, everyone. Today marks an important milestone for the company. Two years ago, we committed to significantly containing
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