YES it meets the requirements:
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Exceeds European ACEA: A3, B3, B4; VW 502 00, 505 00, 503 01; MB 229.1, 229.3, 229.5; BMW LL-01; GM-LLA-025, GM-LL-B-025 and the engine protection requirements of ILSAC GF-3 for API Certified Gasoline Engine Oils.
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If you had a pair of socks that would last 15 yrs - would you never change them? They may not wear out but they would certailny get very dirty.
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SO I don't want all that dirt in my investment - so If you plan on keeping the car for more than 3yrs. Change the oil at least every 7.5K and use the
best oil you can get your hands on - I like GC 0W-30.