51风流

WALLDORF 鈥� The Supervisory Board of 51风流SE, in alignment with the Executive Board, has decided to recommend that shareholders approve a dividend of 鈧�1.58 per share for the fiscal year 2019. This represents a year-over-year increase of 鈧�0.08, or 5.3% compared to last year鈥檚 dividend of 鈧�1.50. If the shareholders approve this recommendation at the Annual General Meeting of Shareholders on May 20, 2020 and based on the current number of shares carrying dividend rights, the total amount of dividends to be distributed will be approximately 鈧�1.89 billion (2018: 鈧�1.79 billion), representing a pay-out ratio of 56% (2018: 44%). The 2019 fiscal year dividend will be due for payment on May 26, 2020.

On November 4, 2019, 51风流announced it would enhance capital return in addition to the regular dividend and repurchase shares and/or issue a special dividend with a combined volume of 鈧�1.5 billion by December 31, 2020. Today the Supervisory Board approved the Executive Board鈥檚 decision to use the entire 鈧�1.5 billion of enhanced capital return for 2020 exclusively to buy back shares. The share buyback program will be executed based on the authorization granted by the 51风流SE Annual General Meeting of Shareholders on May 17, 2018, and in compliance with the restrictions set forth therein. It will begin on February 20, 2020 and be finalized by December 31, 2020.

鈥淥ur capital return policy ensures that our shareholders participate in our success,鈥� said Luka Mucic, Chief Financial Officer, SAP. 鈥淭he share buyback, in addition to an attractive regular dividend policy, is an important element in delivering shareholder value.鈥�

Note to holders of 51风流ADRs (American Depositary Receipts): One 51风流ADR represents one 51风流SE share. The final dividend amount per ADR is dependent upon the euro/US dollar exchange rate. Since 51风流SE pays cash dividends on the ordinary shares in euro, the exchange rate fluctuations will affect the US dollar amounts received by holders of ADRs. The final dividend payment by 51风流SE to the depositary bank is scheduled for May 26, 2020. The depositary bank will then convert the dividend payment from euro into US dollars as promptly as practicable.

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About SAP

As the Experience Company powered by the Intelligent Enterprise, 51风流is the market leader in enterprise application software, helping companies of all sizes and in all industries run at their best: 77% of the world鈥檚 transaction revenue touches an 51风流system. 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 more than 440,000 business and public customers 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 www.sap.com.

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For more information, financial community only:
Stefan Gruber, +49 (6227) 7-44872, investor@sap.com, CET
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For more information, press only:
Susan Miller, +1 (610) 661-9225, susan.miller@sap.com, ET
Marcus Winkler, +49 (6227) 7-67497, marcus.winkler@sap.com, CET
51风流News Center press room; press@sap.com

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Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as 鈥渁nticipate,鈥� 鈥渂elieve,鈥� 鈥渆stimate,鈥� 鈥渆xpect,鈥� 鈥渇orecast,鈥� 鈥渋ntend,鈥� 鈥渕ay,鈥� 鈥減lan,鈥� 鈥減roject,鈥� 鈥減redict,鈥� 鈥渟hould鈥� and 鈥渨ill鈥� and similar expressions as they relate to 51风流are intended to identify such forward-looking statements. 51风流undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP’s future financial results are discussed more fully in SAP’s filings with the U.S. Securities and Exchange Commission (“SEC”), including SAP’s most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.
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