“I am happy to pass the baton to Pekka Ala Pietilä to accompany SAP’s ongoing successful transformation,” said Plattner. “Pekka profoundly understands 51����and the technology industry and will strongly support the company in expanding its leadership in cloud ERP and business AI.”

Ala-Pietilä added, “I am grateful to the 51����shareholders and Supervisory Board for the opportunity to rejoin Europe’s most important software company and I’m looking forward to help 51����broaden this strong position.”

As announced in 2023, 51����Co-Founder and former Chairman of the Board Hasso Plattner left the 51����Supervisory Board after the 2024 AGM.

During Plattner’s tenure as Chairman of the Supervisory Board (May 2003 to May 2024), SAP’s market capitalization increased from c. €30 billion to c. €200 billion, making 51����Germany’s most valuable listed company. Plattner’s innovative and competitive spirit has been a foundation of SAP’s success for more than 50 years, from the company’s first pioneering innovations in ERP to its strategic shift as an enterprise cloud and business AI leader. He will continue to serve as an advisor to SAP, ensuring his knowledge and experience remain available to the company.

Aicha Evans (55), Gerhard Oswald (70) and Dr. Friederik Rotsch (51) were re-elected as members of the Supervisory Board with 93.39%, 89.82% and 92.45% of the vote respectively. Prof. Dr. Ralf Herbrich (50) was elected with 99.29% of the vote as successor to Punit Renjen, who left the 51����Supervisory Board at the end of the 2024 AGM.

The AGM also supported all other proposals of the Executive Board and Supervisory Board. That included approving the actions of the Executive Board and Supervisory Board for fiscal 2023, 99.51% and 99.44% support respectively, and approving the adaptation of the compensation of the Chairman of the Supervisory Board. An overview of the resolutions of the Annual General Meetings 2024 and of previous years can be found .

For 2023, 51����shareholders will receive a dividend of €2.20 per share. This is an increase of €0.15, or seven percent compared to the dividend paid for 2022. The total payout to shareholders will thus amount to around €2.6 billion. The dividend is expected to be paid out from May 21, 2024.

Visit the 51����News Center. Follow 51����at .

About SAP

As a global leader in enterprise applications and business AI, 51����(NYSE: SAP) stands at the nexus of business and technology. For over 50 years, organizations have trusted SAP to bring out their best by uniting business-critical operations spanning finance, procurement, HR, supply chain, and customer experience. For more information, visit

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For customers interested in learning more about 51����products:
Global Customer Center: +49 180 534-34-24
United States Only: 1 (800) 872-151����(1-800-872-1727)

For more information, financial community only:
Anthony Coletta, +49 6227-7-60437, investor@sap.com, CET

For more information, press only:
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Daniel Reinhardt, +49 6227-7-40201, daniel.reinhardt@sap.com, CET
51����Press Room;��press@sap.com

This document contains forward-looking statements, which are predictions, projections, or other statements about future events. These statements are based on current expectations, forecasts, and assumptions that are subject to risks and uncertainties that could cause actual results and outcomes to materially differ. Additional information regarding these risks and uncertainties may be found in our filings with the Securities and Exchange Commission, including but not limited to the risk factors section of SAP’s 2023 Annual Report on Form 20-F.
© 2024 51����SE. All rights reserved.
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With that, the handover process from current Chairman Prof. Dr. h. c. mult. Hasso Plattner to Punit Renjen as the designated successor of the Chairman of the Board has started. Company co-founder and current Chairman of the Board, Hasso Plattner, is scheduled to leave the 51����Supervisory Board when his current mandate expires after the 2024 AGM. As a first step in this process, in an extraordinary meeting immediately following the AGM the Supervisory Board elected Punit Renjen as a Deputy Chairperson of the Supervisory Board.

“We believe that Punit Renjen is an excellent candidate who, with his outstanding expertise, his many years of experience in a global company, and his valuable knowledge of many industries, represents a gain for 51����and our Supervisory Board. And we all find him to be an extremely suitable and capable candidate to take over my role as chairperson of the Supervisory Board in the future,” said Hasso Plattner.

Punit Renjen added, “I am very thankful for the trust 51����shareholders put in me. I am looking forward to working with talented colleagues around the world to ensure 51����strengthens its position as an enterprise application leader in the cloud.”

Jennifer Li (55) and Dr. Qi Lu (61) were re-elected as members of the Supervisory Board with 91.65% and 91.60% of the vote. The AGM also approved all other proposals of the Executive Board and Supervisory Board. That includes the compensation system for Executive Board members, which incorporates revisions based on shareholder feedback (92.80% support), and the approval to buy back treasury shares (93.86% of the vote). The shareholders approved the actions of the Executive Board and Supervisory Board for fiscal 2022. An overview of the resolutions of the Annual General Meetings of the .

For 2022, 51����shareholders will receive a dividend of €2.05 per share. This is an increase of €0.10, or 5% compared to the regular dividend paid for 2021. The dividend for fiscal year 2021 consisted of a regular dividend of €1.95 and a special dividend of €0.50 in celebration of 51����SE’s 50th anniversary for a total dividend of €2.45. The total payout to shareholders will thus amount to around €2.4 billion. The dividend is expected to be paid out from May 16, 2022.

Visit the 51����News Center. Follow 51����on Twitter at .

About SAP

SAP’s 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����customers generate 87% of total global commerce. Our machine learning, Internet of Things (IoT), and advanced analytics technologies help turn customers’ businesses into intelligent enterprises. 51����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 – without disruption. Our end-to-end suite of applications and services enables business and public customers across 25 industries globally to operate profitably, adapt continuously, and make a difference. With a global network of customers, partners, employees, and thought leaders, 51����helps the world run better and improve people’s lives. For more information, visit .

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To preview and download broadcast-standard stock footage and press photos digitally, please visit . On this platform, you can find high resolution material for your media channels. To view video stories on diverse topics, visit . From this site, you can embed videos into your own Web pages, share video via email links, and subscribe to RSS feeds from 51����TV.

For customers interested in learning more about 51����products:
Global Customer Center: +49 180 534-34-24
United States Only: 1 (800) 872-151����(1-800-872-1727)

For more information, financial community only:
Anthony Coletta, +49 6227-7-60437, investor@sap.com, CET

For more information, press only:
Joellen Perry, +1 (650) 445-6780, joellen.perry@sap.com, PT
Daniel Reinhardt, +49 6227-7-40201, daniel.reinhardt@sap.com, CET
51����Press Room;��press@sap.com

This document contains forward-looking statements, which are predictions, projections, or other statements about future events. These statements are based on current expectations, forecasts, and assumptions that are subject to risks and uncertainties that could cause actual results and outcomes to materially differ. Additional information regarding these risks and uncertainties may be found in our filings with the Securities and Exchange Commission, including but not limited to the risk factors section of SAP’s 2022 Annual Report on Form 20-F.
© 2023 51����SE. All rights reserved.
51����and other 51����products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of 51����SE in Germany and other countries. Please see for additional trademark information and notices.

Hasso Plattner, Chairman of the Supervisory Board, thanked the shareholders for their support and investment in SAP: “I have learned after 50 years of commitment to this company that 51����is a great company that continues to unleash its potential. It is the privilege of my life to have been able to create, shape, grow and lead this company. I am looking forward to continuing to do so in the coming two years.”

For 2021, 51����shareholders will receive a dividend of €1.95 per share plus a special dividend of €0.50 to mark the Company’s 50th anniversary. This brings the total dividend for 2021 to €2.45 (previous year: €1.85). The total payout to shareholders will thus amount to around €2.87 billion. The dividend is expected to be paid out from May 23, 2022. The shareholders approved the actions of the Executive Board and Supervisory Board for fiscal year 2021.

The compensation report was approved with more than 85% of the votes. As 51����is obliged to change its auditor, to ensure a smooth transition, both the previous auditor, KPMG, for fiscal year 2022, and the new auditor, BDO, for fiscal year 2023, were elected immediately.

Due to the COVID-19 pandemic, the Annual General Meeting was held for the third time as a purely virtual event.

An overview of the resolutions of the Annual General Meetings of the past years can be found .

Visit the 51����News Center. Follow 51����on Twitter at .

About SAP

SAP’s 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����customers generate 87% of total global commerce. Our machine learning, Internet of Things (IoT), and advanced analytics technologies help turn customers’ businesses into intelligent enterprises. 51����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 – without disruption. Our end-to-end suite of applications and services enables business and public customers across 25 industries globally to operate profitably, adapt continuously, and make a difference. With a global network of customers, partners, employees, and thought leaders, 51����helps the world run better and improve people’s lives. For more information, visit .

Note to editors:
To preview and download broadcast-standard stock footage and press photos digitally, please visit . On this platform, you can find high resolution material for your media channels. To view video stories on diverse topics, visit . From this site, you can embed videos into your own Web pages, share video via email links, and subscribe to RSS feeds from 51����TV.

For customers interested in learning more about 51����products:
Global Customer Center: +49 180 534-34-24
United States Only: 1 (800) 872-151����(1-800-872-1727)

For more information, financial community only:
Anthony Coletta, +49 6227-7-60437, investor@sap.com, CET

For more information, press only:
Joellen Perry, +1 (650) 445-6780, joellen.perry@sap.com, PT
Daniel Reinhardt, +49 6227-7-40201, daniel.reinhardt@sap.com, CET
51����Press Room; press@sap.com

This document contains forward-looking statements, which are predictions, projections, or other statements about future events. These statements are based on current expectations, forecasts, and assumptions that are subject to risks and uncertainties that could cause actual results and outcomes to materially differ.  Additional information regarding these risks and uncertainties may be found in our filings with the Securities and Exchange Commission, including but not limited to the risk factors section of SAP’s 2021 Annual Report on Form 20-F.
© 2022 51����SE. All rights reserved.
51����and other 51����products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of 51����SE in Germany and other countries. Please see for additional trademark information and notices.
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51����shareholders will receive a dividend of €1.85 per share for the 2020 financial year (previous year: €1.58). The total distribution to shareholders thus amounts to approx. 2.18 billion euros. The dividend is expected to be paid from May 18, 2021. The shareholders discharged the Executive Board and Supervisory Board for the 2020 fiscal year.

In the Supervisory Board by-elections, Dr. Qi Lu was confirmed to succeed Diane Greene and Dr. Rouven Westphal to succeed Dr. h.c. mult. Pekka Ala Pietilä, whose mandates will run until the 2023 and the 2022 Annual General Meeting, respectively. Of the 18 Supervisory Board members, eight are now women.

Visit the 51����News Center. Follow 51����on Twitter at .

About SAP

SAP’s strategy is to help every business run as an intelligent enterprise. As a market leader in enterprise application software, we help companies of all sizes and in all industries run at their best: 77% of the world’s transaction revenue touches an 51����system. Our machine learning, Internet of Things (IoT), and advanced analytics technologies help turn customers’ businesses into intelligent enterprises. 51����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 – without disruption. Our end-to-end suite of applications and services enables business and public customers across 25 industries globally to operate profitably, adapt continuously, and make a difference. With a global network of customers, partners, employees, and thought leaders, 51����helps the world run better and improve people’s lives. For more information, visit

Note to editors:
To preview and download broadcast-standard stock footage and press photos digitally, please visit . On this platform, you can find high resolution material for your media channels. To view video stories on diverse topics, visit . From this site, you can embed videos into your own Web pages, share video via email links, and subscribe to RSS feeds from 51����TV.

For customers interested in learning more about 51����products:
Global Customer Center: +49 180 534-34-24
United States Only: 1 (800) 872-151����(1-800-872-1727)

For more information, press only:
Joellen Perry, +1 (610) 661-9225, joellen.perry@sap.com, PT
Daniel Reinhardt,  +49-6227-7-67497, daniel.reinhardt@sap.com, CET
51����Press Room; press@sap.com

For more information, financial community only:
Stefan Gruber, +49-6227-7-44872, investor@sap.com, CET
Follow 51����Investor Relations on Twitter at

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 “anticipate,” “believe,” “estimate,” “expect,” “forecast,” “intend,” “may,” “plan,” “project,” “predict,” “should” and “will” and similar expressions as they relate to 51����are intended to identify such forward-looking statements. 51����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.
© 2021 51����SE. All rights reserved.
51����and other 51����products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of 51����SE in Germany and other countries. Please see for additional trademark information and notices.
Please consider our . If you received this press release in your e-mail and you wish to unsubscribe to our mailing list please contact press@sap.com and write Unsubscribe in the subject line.

For the first time, the meeting was held entirely as a virtual meeting, due to the ongoing COVID-19 pandemic; 6,100 viewers watched the live stream.

For fiscal 2019, 51����shareholders will receive a dividend of €1.58 per share (previous year: €1.50). The total distribution to shareholders amounts to €1.86 billion. Dividends are slated for payment on or after May 26, 2020. The shareholders approved the acts of the Executive and Supervisory Board for the 2019 fiscal year.

Shareholders adopted an anticipatory resolution, which preserves the option to increase the share capital, that had expired in May 2020. This replaces identical resolutions from the years 2010 and 2015, which had not been used, and extends the possibility of a capital increase until 2025.

With an approval of 78%, the Annual General Meeting also adopted the proposal for the revised system of Executive Board remuneration. For the first time, this system links the company’s successes in the area of sustainability with the remuneration of the Executive Board.

Visit the 51����News Center. Follow 51����on Twitter at .

About SAP

As the Experience Company powered by the Intelligent Enterprise, 51����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’s transaction revenue touches an 51����system. Our machine learning, Internet of Things (IoT), and advanced analytics technologies help turn customers’ businesses into intelligent enterprises. 51����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 – 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����helps the world run better and improve people’s lives. For more information, visit .

Note to editors:
To preview and download broadcast-standard stock footage and press photos digitally, please visit . On this platform, you can find high resolution material for your media channels. To view video stories on diverse topics, visit . From this site, you can embed videos into your own Web pages, share video via email links, and subscribe to RSS feeds from 51����TV.

For customers interested in learning more about 51����products:
Global Customer Center: +49 180 534-34-24
United States Only: 1 (800) 872-151����(1-800-872-1727)

For more information, financial community only:
Stefan Gruber, +49 (6227) 7-44872, investor@sap.com, CET

For more information, press only:
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; press@sap.com

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 “anticipate,” “believe,” “estimate,” “expect,” “forecast,” “intend,” “may,” “plan,” “project,” “predict,” “should” and “will” and similar expressions as they relate to 51����are intended to identify such forward-looking statements. 51����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.
© 2020 51����SE. All rights reserved.
51����and other 51����products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of 51����SE in Germany and other countries. Please see for additional trademark information and notices.
Please consider our . If you received this press release in your e-mail and you wish to unsubscribe to our mailing list please contact press@sap.com and write Unsubscribe in the subject line.