SAP Annual General Meeting Approves All Management Proposals by a Significant Majority

Press Release | June 8, 2010 by SAP News

WALLDORF, GermanySAP AG (NYSE: SAP) today announced that all of the agenda items at its annual general shareholder meeting were approved by a significant majority.

For the fiscal year 2009, shareholders will receive a dividend of €0.50 per common share, as in the previous year. For 2009, SAP will pay out a total of approximately €594 million (previous year: €594 million), which equates to a dividend payout ratio of approximately 34 percent of SAP’s net income. Payment of the dividend is scheduled with effect from June 9, 2010.

The annual general meeting of shareholders further agreed to approve the new system for the remuneration of Executive Board members that was resolved by the Supervisory Board on March 25, 2010. A description of new system for the remuneration of Executive Board members is available on the Internet at http://www.sap.com/agm.

The General Meeting of Shareholders also agreed to approve an adapted remuneration of the members of the Supervisory Board. The changed rules governing Supervisory Board remuneration are to apply as early as of the fiscal year 2010.

SAP AG shareholders also approved the proposal authorizing the SAP Executive Board to repurchase shares for treasury representing a total attributable portion of the capital stock of not more than €120 million (120 million shares) by June 13, 2013.

For a full agenda of the meeting and polling results on individual agenda items, please visit the Corporate Governance section of www.sap.com.

For more information, press only:
Christoph Liedtke +49 6227 7-50383 christoph.liedtke@sap.com, CET
Günter Gaugler +49 6227 7-65416 guenter.gaugler@sap.com, CET

For more information, financial community only:
Stefan Gruber +49 6227 7-44872 investor@sap.com, CET
Martin Cohen +1 212 653-9619 investor@sap.com, EST

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