February 24, 2016
Change at the top effective May 1, 2016:

Werner Baumann to succeed Dr. Marijn Dekkers as Chairman of the Board of Management of Bayer AG

Leverkusen, February 24, 2016 - Effective May 1, 2016, Werner Baumann will
become the new Chairman of the Board of Management of Bayer AG. This was
decided by the company's Supervisory Board at its meeting today. The current
CEO of Bayer AG, Dr. Marijn Dekkers, proposed to the Supervisory Board that his
contract be dissolved effective April 30, 2016, following the Annual
Stockholders' Meeting. The Supervisory Board approved this proposal. "With its
clear focus on the Life Science businesses and its new organizational
structure, Bayer is in a position of strength. The course for successful future
development has already been set at all levels. Also with a successor from
within the company there will be no need for a familiarization period. I would
like to wish Werner Baumann every success in his new role," said Dekkers, whose
contract was originally set to run until December 31, 2016. At the present
time, Baumann is the Board member with responsibility for Strategy and
Portfolio Management. He will retain these functions in the future. Going
forward, the Board of Management of Bayer AG will comprise seven members
instead of eight.

"Following rapid implementation of the realignment under Dr. Dekkers'
leadership, Bayer is now entering a new era as a pure Life Science company.
That is why this is now the right time to hand on responsibility for managing
the company. We are very grateful to Dr. Dekkers. During his term of office,
Bayer has experienced an extraordinary development in both operational and
strategic terms," said Werner Wenning, Chairman of the Supervisory Board of
Bayer AG. "In Werner Baumann, Bayer has a strong and experienced management
personality from within its own ranks. In his various positions at Bayer and as
a member of the Board of Management since 2010, he has contributed
substantially to strengthening and realigning the company. We are convinced
that, under Werner Baumann's leadership, Bayer will continue along its track of
successful development," Wenning said.

Oliver Zühlke, Chairman of the Bayer Central Works Council and Vice Chairman of
the Supervisory Board, emphasized that Bayer's decision represents continuity
for the company. "We have been closely involved in the changes of recent years.
We would like to thank Dr. Dekkers for always being open to the concerns raised
by the employee representatives. In Werner Baumann, Bayer has chosen a manager
who is intimately familiar with the company. On behalf of the entire workforce,
we would like to wish him every success in his new role. We will do all we can
to support him."

Werner Baumann was born in Krefeld, Germany, on October 6, 1962. After studying
economics at RWTH Aachen University and the University of Cologne, he joined
Bayer in 1988. His first duties were in the Corporate Finance Department in
Leverkusen. In 1991 he transferred to Bayer Hispania Comercial in Barcelona,
Spain, to take up a position as controller, becoming assistant to the managing
director in 1995. One year later, he moved to Bayer Corporation in Tarrytown,
New York, latterly heading up the global Business Planning & Administration
organization of the Diagnostics Business Group. In July 2002, Baumann returned
to Germany to become a member of the Executive Committee and Head of Central
Administration & Organization at Bayer HealthCare. In October 2003, he was
appointed a member of the Board of Management of the newly formed subgroup
Bayer HealthCare AG, also serving as the company's Labor Director. As a member
of the Board of Management and Labor Director of Bayer Schering Pharma AG,
Berlin, Germany, from 2006 through September 2009, his roles included actively
participating in this company's integration into the subgroup. Werner Baumann
has been a member of the Board of Management of Bayer AG since January 1, 2010.
Prior to September 30, 2014, he served as Bayer AG's Chief Financial Officer
(CFO). Effective October 1, 2014, he was appointed Chief Strategy and Portfolio
Officer (CSPO) with responsibility for Corporate Development and Mergers &
Acquisitions. He is also responsible for the Europe region. Between April 1 and
December 31, 2015, Baumann was additionally Chairman of the Board of Management
of Bayer HealthCare AG. Werner Baumann is married and has four children.

Dr. Marijn Dekkers has been Chairman of the Board of Management of Bayer AG
since October 1, 2010. Born on September 22, 1957, in Tilburg, Netherlands,
Dekkers studied chemistry and chemical engineering. He began his professional
career in 1985 as a scientist at the corporate research center of General
Electric in the United States, gaining experience in various units of the
company before joining AlliedSignal (subsequently Honeywell International Inc.)
in 1995. In 2000, Dekkers became Chief Operating Officer of Thermo Electron
Corporation, the world's leading manufacturer of laboratory instruments (later
renamed Thermo Fisher Scientific Inc. following the acquisition of laboratory
supplier Fisher Scientific). As of 2002, he served as this company's President
and CEO. After spending 25 years of his career in the United States, Marijn
Dekkers joined Bayer on January 1, 2010. He is also a member of the Board of
Directors at General Electric in the United States. In September 2014, he took
over the two-year presidency of the German Chemical Industry Association (VCI),
Frankfurt. He is also a Vice President of the Federation of German Industries
(BDI), Berlin. Marijn Dekkers is married and has three daughters. He holds both
Dutch and U.S. citizenship.

Find more information at www.bayer.com.

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