SAP Supervisory Board Announces Candidates for Elections of Shareholders' Representatives

WALLDORF, Germany, Feb. 27, 2019 /PRNewswire/ -- SAP SE (NYSE: SAP) Following the proposal of the Nomination Committee, the Supervisory Board of SAP SE has nominated its candidates for the election of shareholders' representatives on the Supervisory Board, which will take place at the Annual General Meeting (AGM) on May 15, 2019.

SAP Logo. (PRNewsFoto/SAP AG)

The following shareholders' representatives will be proposed for reelection:

  • Prof. Dr. h. c. mult. Hasso Plattner (75), Schriesheim-Altenbach, Germany
  • Pekka Ala-Pietilä (62), Helsinki, Finland
  • Aicha Evans (49), Los Gatos, California, USA
  • Diane Greene (63), Stanford, California, USA
  • Prof. Dr. Gesche Joost (44), Berlin, Germany
  • Bernard Liautaud (56), London, Great Britain
  • Gerhard Oswald (65), Walldorf, Germany
  • Dr. Friederike Rotsch (46), Koenigstein, Germany

Further, the Supervisory Board will recommend the following new candidate for election at the AGM:

  • Dr. Gunnar Wiedenfels (41), CFO of Discovery Communications, Inc., New York, USA, and formerly CFO of ProSiebenSat.1 Media SE, Munich, Germany. He would replace Dr. Erhard Schipporeit, who will retire from the Supervisory Board after the Annual General Meeting.

In case of his reelection, Prof. Plattner intends to again stand for the chair of the Supervisory Board.  Furthermore, it is intended to propose Dr. Wiedenfels as a candidate for the chair of the Audit Committee in case of his election to the Supervisory Board. The Supervisory Board welcomes his deep expertise in EU and US accounting standards and practices.

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About SAP

As the cloud company powered by SAP HANA®, SAP is the market leader in enterprise application software, helping 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 more than 425,000 business and public customers 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.

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.

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SOURCE SAP SE

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