Wall village – The supervisory board and the board of SAP SE have decided to propose a dividend of € 2.20 per share for the 2023 financial year. The proposed dividend corresponds to an increase of € 0.15 or 7.3% compared to the dividend for the 2022 fiscal year. Subject to the consent of the shareholders and with the same stock of their own stocks as on December 31, 2023, the overall release to the shareholders would be around € 2.568 billion (2022: € 2.393 billion). This corresponds to a distribution rate of 43.1 % (2022: 139.6 %).
SAP is of the opinion that their shareholders should be adequately involved in the result of the 2023 financial year. The SAP dividend policy provides for at least 40 % of the profit to release after taxes.
The following dates are relevant for the distribution of the dividend:
Evidence of projection for the dividend payment: May 15, 2024
Ex-dividend day: May 16, 2024
Payment of the dividend: May 21, 2024
Elections to the Supervisory Board
As announced, the Supervisory Board proposed Pekka Ala-Pietilä on February 11, 2024 as representative of the shareholders in the SAP supervisory board for election in the General Assembly 2024.
- Dr. HC Mult. Pekka Ala-Pietilä (67), Helsinki, Finland, chairman of the Board of Directors of the Sanoma Corporation, Helsinki, Finland. In the event of his choice, his term in 2026 would end. The Supervisory Board intends to elect him as chairman of the supervisory board.
The Supervisory Board also nominated the following candidates for the election:
- Prof. Dr. Ralf Herbrich (49), Falkensee, Germany, Managing Director and Professor of Artificial Intelligence and Sustainability, Hasso Plattner Institute for Digital Engineering gGmbH, Potsdam, Germany. In the event of his choice, his term in 2028 would end.
In addition, three candidates were nominated for re -election:
- Aicha Evans (54), Los Gatos, California, USA, Chief Executive Officer and member of the Board of Directors, Zoox, Inc., Foster City, California, USA. In the event of their re -election, their term in 2028 would end.
- Gerhard Oswald (70), Walldorf, Germany, Managing Director of Oswald Consulting GmbH, Walldorf, Germany; Lecturer at the Technical University of Munich, Munich, Germany. In the event of his re -election, his tenure would end 2026.
- Dr. Friederike Rotsch (51), Königstein im Taunus, Germany, chief justiceist (Group General Counsel), Deutsche Bank AG, Frankfurt, Germany. In the event of her re -election, her term of office 2028 would end and she would continue to fill out the function of the Lead Independent Director (LID).
These election proposals take into account the competence profile, the diversity concept of the Supervisory Board and the goals set by the Supervisory Board for its composition.
Information on SAP
The SAP strategy is intended to help transform every company into an intelligent sustainable company. As a market leader for business software, we support companies of all sizes and industry in achieving their goals in the best possible way: SAP customers generate 87 % of the total worldwide trade. Our technologies for machine learning, the Internet of Things and progressive analysis methods help our customers on the way to the intelligent company. SAP supports people and companies in gaining well -founded knowledge of their organizations, promotes cooperation and thus helps to be one step ahead of the competition. We simplify technology for companies so that you can use our software easily and smoothly according to your own ideas. Our end-to-end suite from applications and services enables customers in 26 industries worldwide to be profitable to always adapt to new and flexible and move something. With a global network of customers, partners, employees and thought leaders, SAP helps to improve the processes of global economy and the lives of people. More information at www.sap.com.
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