SAP SE Annual General Meeting of Shareholders to Be Held as Physical Event
SAP Supervisory Board Proposes Changes to Executive Compensation System
WALLDORF - The Supervisory Board and Executive Board of
SAP believes that its shareholders should benefit appropriately from the profit the Company made in 2022. The Company's dividend policy is to pay a dividend totaling 40% or more of profit after tax.
2023 Annual General Meeting to be Held as Physical Event
The Executive Board, with the approval of the Supervisory Board, has decided to hold the 2023 Annual General Meeting of Shareholders as a physical event in the
SAP Supervisory Board Proposes Changes to the Executive Compensation System
The SAP Supervisory Board has proposed changes to the executive compensation system, addressing investor feedback. Points addressed in the proposal include: increased alignment of pay for performance, expanded non-financial indicators in both the short-term incentive and long-term incentive, lowered caps, and increased share ownership guidelines. Shareholders' approval will be sought for the new system at the Annual General Meeting of Shareholders. Further details will be published at https://www.sap.com/agm in late March.
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