SAP : Annual General Meeting of Shareholders Raises Dividend to €1.85

WALLDORF - SAP SE (NYSE: SAP) today announced that the Annual General Meeting of Shareholders of SAP SE approved all proposals of the Executive Board and Supervisory Board. Due to the pandemic, the AGM was held for the second time as a purely virtual event.

SAP 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 SAP News Center. Follow SAP on Twitter at @SAPNews.

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 SAP system. Our machine learning, Internet of Things (IoT), and advanced analytics technologies help turn customers' businesses into intelligent enterprises. SAP 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, SAP helps the world run better and improve people's lives. For more information, visit www.sap.com.

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

For customers interested in learning more about SAP products:
Global Customer Center: [phone]
United States Only: 1 (800) 872-1SAP (1-800-872-1727)

For more information, press only:
Joellen Perry, [phone], [e-mail], PT
Daniel Reinhardt, [phone], [e-mail], CET
SAP Press Room; [e-mail]

For more information, financial community only:
Stefan Gruber, [phone], [e-mail], CET
Follow SAP Investor Relations on Twitter at @SAPInvestor

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 SAP are intended to identify such forward-looking statements. SAP 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 SAP SE. All rights reserved.
SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see https://www.sap.com/copyright for additional trademark information and notices.
Please consider our privacy policy. If you received this press release in your e-mail and you wish to unsubscribe to our mailing list please contact [e-mail] and write Unsubscribe in the subject line.

Tags: Annual General Meeting