Second Quarter 2022 Results Presentation | July 21, 2022

Second Quarter 2022

Results

Christian Klein, CEO

Luka Mucic, CFO

2022 SAP SE or an SAP affiliate company. All rights reserved. ǀ PUBLIC

Second Quarter 2022 Results Presentation | July 21, 2022

Safe Harbor Statement

During this presentation we will make 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 SAP SE or an SAP affiliate company. All rights reserved. ǀ PUBLIC

Second Quarter 2022 Results Presentation | July 21, 2022

Luka Mucic

CFO

2022 SAP SE or an SAP affiliate company. All rights reserved. ǀ PUBLIC

Second Quarter 2022 Results Presentation | July 21, 2022

Financial Highlights

Regional Performance

Gross Margin Development

Tax Rate, EPS & Cash Flow

Outlook and Ambition

SAP Q2 2022 Financial Results

in € millions, unless otherwise stated

Total revenue

Cloud & Software

Cloud revenue

S/4HANA cloud revenue

revenue

7,517

6,459

3,056

472

+13% (+5% @cc)

+12% (+5% @cc)

+34% (+24% @cc)

+84% (+72% @cc)

Share of more predictable revenue

Current cloud backlog

S/4HANA current cloud backlog

80%

10,403

2,258

+4pp

+34% (+25% @cc)

+100% (+87% @cc)

Gross profit

Cloud gross profit

Operating profit

Earnings per Share

(Gross margin in %)

(Cloud gross margin in %)

(in €)

IFRS

IFRS

IFRS

IFRS basic

5,318 (70.7%)

2,132 (69.8%)

673

0.29

+13%

+39%

-32%

-75%

Non-IFRS

Non-IFRS

Non-IFRS

diluted

Non-IFRS basic

5,496 (73.1%)

2,196 (71.9%)

1,680

0.28

0.96

+12% (+5% @cc)

+38% (+28% @cc)

-13%(-16% @cc)

-75%

-45%

2022 SAP SE or an SAP affiliate company. All rights reserved. ǀ PUBLIC

Second Quarter 2022 Results Presentation | July 21, 2022

Financial Highlights

Regional Performance

Gross Margin Development

Tax Rate, EPS & Cash Flow

Outlook and Ambition

Strong cloud revenue performance across all regions

AMERICAS

Cloud revenue

€ millions

  • +37%

(+22% @cc)

Cloud & software revenue

€ millions

  • +24%

(+10% @cc)

The United States and Brazil had a particularly strong performance in cloud revenue.

EMEA

Cloud revenue

€ millions

  • +31%

(+27% @cc)

Cloud & software revenue

€ millions

  • +4%

(+2% @cc)

Germany had an outstanding performance in cloud revenue while Switzerland had a strong performance.

APJ

Cloud revenue

€ millions

  • +31%

(+26% @cc)

Cloud & software revenue

€ millions

  • +7%

(+3% @cc)

Japan and India in particular had a strong performance in cloud revenue.

Revenues calculated based on customer location; All numbers are Non-IFRS unless otherwise stated; Individual country highlights are based on Non-IFRS at constant currencies

2022 SAP SE or an SAP affiliate company. All rights reserved. ǀ PUBLIC

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SAP SE published this content on 21 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 July 2022 05:13:01 UTC.