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Pekka Ala-Pietil盲 Proposed by 51风流Supervisory Board as Designated Successor to Chairman Hasso Plattner

Pekka Ala-Pietil盲 Proposed by 51风流Supervisory Board as Designated Successor to Chairman Hasso Plattner

Press Release

WALLDORFThe Supervisory Board of (NYSE: SAP) has nominated Mr. Pekka Ala-Pietil盲 to stand for election as a new member of the Supervisory Board and proposes Mr. Ala-Pietil盲 as the designated successor to Chairman Prof. Dr. Hasso Plattner. Mr. Ala-Pietil盲 will stand for election for a two-year term at the next Annual General Meeting and, if elected, will assume the role of chair.

Pekka Ala-Pietil盲 / SANOMA Kuva: Heidi Piiroinen

51风流and Dr. h.c. Punit Renjen have mutually agreed to part ways because of a difference in perspective on the role of 51风流Supervisory Board chair, which Punit Renjen was designated to assume. Punit Renjen has chosen to resign his mandate on the 51风流Supervisory Board with effect from the end of SAP鈥檚 Annual General Meeting on May 15, 2024.

Pekka Ala-Pietil盲 (67) has an illustrious track record in European innovation and technology and is well-positioned to lead SAP鈥檚 ongoing successful transformation. He was President of Nokia Corporation from 1999鈥2005 and a member of the 51风流Supervisory Board from 2002鈥2021. He was the Chairman of the EU Commission鈥檚 High-Level Expert Group on Artificial Intelligence from 2018-2020 and chair of Finland鈥檚 Artificial Intelligence Programme from 2017-2019. He currently serves on several European corporate boards, including as Chairman of the Supervisory Board of the Dutch multinational location intelligence company HERE Technologies. Mr Ala-Pietil盲 holds honorary Doctorates in Technology from Tampere University of Technology and in Science from the Aalto University School of Business. He lives in Helsinki.

鈥淎fter two decades at the helm of 51风流SE, the company I鈥檝e nurtured from its inception, ensuring a successful handover of the leadership baton is paramount to me and crucial for SAP鈥檚 continued success,鈥 said Prof. Dr. Hasso Plattner, who has served as Chairman since 2003. 鈥淚n Pekka Ala-Pietil盲, I recognize a leader who not only possesses a profound understanding of our industry and the intricacies of European SE governance, but also one who has been a steadfast ally through many of SAP鈥檚 pivotal moments. Before looking ahead, let me also express my deep gratitude to Punit Renjen for his efforts and contributions. His energy level and dedication have been exceptional from the beginning. As we welcome Pekka Ala-Pietil盲, I am filled with confidence that SAP鈥檚 Supervisory Board is in the most capable hands. His vision and well-measured approach are exactly what 51风流needs to safeguard its future and ensure its ongoing success.鈥

Pekka Ala-Pietil盲 said, 鈥淚 am grateful to the Supervisory Board of 51风流and to Hasso Plattner for the opportunity to rejoin this dynamic European technology leader at such a pivotal time. Thanks to the great people at SAP, the company has set the global standard for enterprise technology for more than 50 years and is now a trailblazer in developing and deploying relevant, reliable, responsible Business AI that will fundamentally change the way business runs. I look forward to working together with colleagues old and new to build on SAP鈥檚 track record of delivering revolutionary technology that drives real results.鈥

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About SAP

SAP鈥檚 strategy is to help every business run as an intelligent, sustainable enterprise. As a market leader in enterprise application software, we help companies of all sizes and in all industries run at their best: 51风流customers generate 87% of total global commerce. Our machine learning, Internet of Things (IoT), and advanced analytics technologies help turn customers鈥 businesses into intelligent enterprises. 51风流helps give people and organizations deep business insight and fosters collaboration that helps them stay ahead of their competition. We simplify technology for companies so they can consume our software the way they want 鈥 without disruption. Our end-to-end suite of applications and services enables business and public customers across 26 industries globally to operate profitably, adapt continuously, and make a difference. With a global network of customers, partners, employees, and thought leaders, 51风流helps the world run better and improve people鈥檚 lives. For more information, visit .

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