1、 SAP Compensation Report 2024 2/39 Compensation Report 2024 Compensation Report Compensation for Executive and Supervisory Board Members This compensation report describes the two compensation systems for Executive and Supervisory Board members,outlines the criteria that apply to the compensation fo
2、r the year 2024,and discloses the amount of compensation.The compensation system for the Executive Board members was approved by the Annual General Meeting on May 11,2023,and the compensation system for the Supervisory Board members was approved by the Annual General Meeting on May 15,2024.The curre
3、nt compensation report meets the requirements of section 162 of the German Stock Corporation Act(AktG).The compensation report for 2023 was approved by the Annual General Meeting on May 15,2024.Compensation for Executive Board Members Compensation System The compensation for Executive Board members
4、is intended to reflect the demanding responsibilities of Executive Board members leading a global company in a rapidly evolving sector.The compensation level is aimed to be competitive to support SAP in the global market for highly skilled executives,especially in the context of the international so
5、ftware industry.It is our goal that our Executive Board compensation provides sustainable incentive for committed,successful work in a dynamic business environment.We have retained the proven basic structure of the compensation system and its regular compensation components.Total compensation under
6、this system can be broken down into the individual compensation components as shown below.Building on this structure,the compensation system seeks to ensure that compensation:Promotes the business strategy Ensures that extraordinary performance is appropriately rewarded and any failure to achieve sp