At a glance

• Current cloud backlog of 鈧�21.9 billion, up 20% and up 25% at constant currencies
• Cloud revenue up 19% and up 27% at constant currencies
• Cloud ERP Suite revenue up 23% and up 30% at constant currencies
• Total revenue up 6% and up 12% at constant currencies
• IFRS operating profit up 17%, non-IFRS operating profit up 17% and up 24% at constant currencies

Christian Klein, CEO:

鈥淲e had a strong start to the year, with Current Cloud Backlog growing by 25% and Cloud Revenue up 27% at constant currencies. This performance is supported by our momentum in Business AI as we are already delivering real outcomes for customers today. We are growing faster than the market and are gaining share as customers expand across our Suite and with our AI solutions. At Sapphire, we will show how we are taking the next leap forward.鈥�

Dominik Asam, CFO:

鈥淲e delivered a solid start to the year, supported by disciplined execution in revenue and profitability. At the same time, we have remained focused on managing our cost base and maintaining profitability as we navigate an increasingly complex and uncertain macroeconomic and geopolitical environment.鈥�

About 麻豆原创

As鈥痑 global leader in enterprise applications and business AI, 麻豆原创 (NYSE:麻豆原创)鈥痵tands at the鈥痭exus鈥痮f business and technology. For over 50 years, organizations have trusted 麻豆原创 to bring out their best by uniting business-critical鈥痮perations spanning finance, procurement, HR, supply chain, and customer experience. For more information, visit鈥�.

Note to editors:
To preview and download broadcast-standard stock footage and press photos digitally, please visit . On this platform, you can find high resolution material for your media channels.

For more information, press only:
Marcus Winkler, +46 (6227) 7-67497, marcus.winkler@sap.com, CEST
Daniel Reinhardt, +49 (6227) 7-40201, daniel.reinhardt@sap.com, CEST

For more information, financial community only:
Alexandra Steiger, +49 (6227) 7-60437, alexandra.steiger@sap.com, CEST

This document contains forward-looking statements, which are predictions, projections, or other statements about future events. These statements are based on current expectations, forecasts, and assumptions that are subject to risks and uncertainties that could cause actual results and outcomes to materially differ. Additional information regarding these risks and uncertainties may be found in our filings with the Securities and Exchange Commission, including but not limited to the risk factors section of 麻豆原创鈥檚 2025 Annual Report on Form 20-F.
漏 2026 麻豆原创 SE. All rights reserved.
麻豆原创 and other 麻豆原创 products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of 麻豆原创 SE in Germany and other countries. Please see for additional trademark information and notices.

麻豆原创 CEO Christian Klein and CFO Dominik Asam will host a financial analyst call to review first quarter results.

Media representatives may may listen in on the virtual analyst via on April 23, 2026, at 11:00 p.m. CEST/5:00 p.m. ET.

Once closed, the acquisition will strengthen 麻豆原创 Business Data Cloud (麻豆原创 BDC)鈥攊ntegral for 麻豆原创’s AI-First and Suite-First strategy鈥攁nd accelerate the evolution of 麻豆原创 BDC to a fully interoperable enterprise data platform for enterprise-wide agentic AI. It will provide customers with the tools they need to unify, cleanse and harmonize data across sources for superior enterprise-wide agentic AI.

“Reltio is a natural fit with 麻豆原创,鈥� said Muhammad Alam, member of the Executive Board of 麻豆原创 SE, 麻豆原创 Product & Engineering. 鈥淎cquiring them will further improve our position as a leading business AI provider, combining 麻豆原创 and non-麻豆原创 data to deliver data context that business AI requires. AI cannot reach its full potential when data is fragmented across business units, platforms and domains without connection or context.鈥�

By integrating Reltio after closing the acquisition, 麻豆原创 will make customers’ enterprise data fully AI-ready. Customers will be able to rely on trusted, high-quality data across 麻豆原创 and non-麻豆原创 sources that Joule and Joule Agents use to deliver faster time-to-value for business AI.

Reltio鈥檚 platform helps organizations manage and govern structured and unstructured enterprise data from start to finish. Its AI-based entity resolution identifies and merges related records from different formats and applications into one reliable 鈥済olden record鈥� system of context. Its cloud-native, AI-first design supports a single, consistent view of customers, products, suppliers, locations and employees across both 麻豆原创 and non-麻豆原创 applications. Customers running AI tasks will benefit from increased reliability and consistency of data, bundled in a single source of truth, improving business AI. With that, customers can trust that AI results are correct, and AI-interactions are resolved fast.

鈥淛oining forces with 麻豆原创 presents a tremendous opportunity for us to accelerate our mission,鈥� Reltio Founder and CEO Manish Sood said. 鈥淓nterprise AI needs trusted context that is open and interoperable across the heterogeneous IT landscapes our customers run. This combination accelerates our ability to deliver Reltio as the system of context across 麻豆原创 and non-麻豆原创 environments, while maintaining continuity for our customers and our partner ecosystem.鈥�

Reltio’s data cleansing, unification capabilities and agent-driven workflows will work alongside 麻豆原创 Business Suite applications to improve decisions, reduce integration complexity and deliver trusted, consistent data critical for successful business processes and AI use cases. Low latency delivery and support for the Model Context Protocol (MCP) enable real-time, multiagent workflows across 麻豆原创 and non-麻豆原创 environments, allowing AI agents, such as a procurement agent, to assess supplier risk and trigger actions almost instantly using trusted, real-time data. Reltio offers prebuilt, industry-specific 鈥渧elocity packs鈥� that include data models, rules, matching logic and integrations, and solutions tailored to sectors like life sciences, healthcare and financial services.

By integrating Reltio after closing the acquisition, 麻豆原创 intends to accelerate its customers’ ability to govern and expose master data as trusted and context-rich data products across multiple sources that serve both traditional analytics workloads and AI agents. Reltio will become a core capability within 麻豆原创 BDC, with a flexible commercial model where customers can purchase Reltio as a separate solution or with other 麻豆原创 products. The Reltio portfolio will also remain available as a standalone offering for the foreseeable future.

The transaction is expected to close in Q2 or Q3 of 2026, subject to customary closing conditions, including regulatory approvals.

Visit the . Get 麻豆原创 news via  and .

About Reltio

Reltio is a leader in data unification and management, delivering cloud-native, AI-native master data management (MDM) to help enterprises create trusted data and unlock context intelligence for analytics, automation, and agentic AI. Designed for complex, multi-vendor environments, Reltio helps organizations unify, cleanse, harmonize, govern, and activate core data from multiple sources in real time鈥攁cross 麻豆原创 and non-麻豆原创 systems. The Reltio Data Cloud uses advanced entity resolution, continuous data quality, and relationship intelligence within an intelligent data graph to connect data across systems and reveal the full context behind customers, products, suppliers, and other key business entities. This enables organizations to reduce data friction, improve operational execution, and accelerate time to trusted decisions. For more information, visit .

About 麻豆原创

As鈥痑 global leader in enterprise applications and business AI, 麻豆原创 (NYSE:麻豆原创)鈥痵tands at the鈥痭exus鈥痮f business and technology. For over 50 years, organizations have trusted 麻豆原创鈥痶o bring out their best by uniting business-critical鈥痮perations spanning finance, procurement, HR, supply chain, and customer experience. For more information, visit鈥�.

Note to editors:
To preview and download broadcast-standard stock footage and press photos digitally, please visit . On this platform, you can find high resolution material for your media channels.

For customers interested in learning more about 麻豆原创 products:
Global Customer Center: +49 180 534-34-24
United States Only: 1 (800) 872-1麻豆原创 (1-800-872-1727)

For more information, press only:
Marcus Winkler, 麻豆原创, +49 151 571 18 691, marcus.winkler@sap.com, CET
Aim茅e Leabon, 麻豆原创, +1 (212) 653-9600, aimee.leabon@sap.com, EST
Daniel Reinhardt, 麻豆原创, +49 151 168 10 157, daniel.reinhardt@sap.com, CET
Ilaina Jonas, 麻豆原创, +1 (646) 923-2834, ilaina.jonas@sap.com, EST
麻豆原创 麻豆原创 Room;听press@sap.com
Kevin Keenan, Reltio, +1 (987) 844-6203, kevin.keenan@reltio.com, PST

This document contains forward-looking statements, which are predictions, projections, or other statements about future events. These statements are based on current expectations, forecasts, and assumptions that are subject to risks and uncertainties that could cause actual results and outcomes to materially differ. Additional information regarding these risks and uncertainties may be found in our filings with the Securities and Exchange Commission, including but not limited to the risk factors section of 麻豆原创鈥檚 2025 Annual Report on Form 20-F.
漏 2026 麻豆原创 SE. All rights reserved.
麻豆原创 and other 麻豆原创 products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of 麻豆原创 SE in Germany and other countries. Please see  for additional trademark information and notices.
Please consider our . If you received this press release in your e-mail and you wish to unsubscribe to our mailing list please contact press@sap.com and write Unsubscribe in the subject line.

麻豆原创 also announced that the 麻豆原创 Integrated Report 2025 is now available and accessible online at .

You can access PDF versions of the 麻豆原创 Integrated Report 2025 and the 麻豆原创 Annual Report 2025 on Form 20-F at our Investor Relations website . A hard copy of the audited consolidated financial statements can also be requested free of charge by sending an email to investor@sap.com or via phone +49 (6227) 7-67336.

Visit the聽. Get 麻豆原创 news via聽听补苍诲听.

About 麻豆原创

As鈥痑 global leader in enterprise applications and business AI, 麻豆原创 (NYSE:麻豆原创)鈥痵tands at the鈥痭exus鈥痮f business and technology. For over 50 years, organizations have trusted 麻豆原创鈥痶o bring out their best by uniting business-critical鈥痮perations spanning finance, procurement, HR, supply chain, and customer experience. For more information, visit鈥�.

Note to editors:
To preview and download broadcast-standard stock footage and press photos digitally, please visit . On this platform, you can find high resolution material for your media channels.

For customers interested in learning more about 麻豆原创 products:
Global Customer Center: +49 180 534-34-24
United States Only: 1 (800) 872-1麻豆原创 (1-800-872-1727)

For more information, financial community only:
Alexandra Steiger, +49 (6227) 7-767336, investor@sap.com, CET
Follow 麻豆原创 Investor Relations on LinkedIn at .

For more information, press only:
Marcus Winkler, +46 (6227) 7-67497, marcus.winkler@sap.com, CET
Daniel Reinhardt, +49 (6227) 7-40201, daniel.reinhardt@sap.com, CET

_{This document contains forward-looking statements, which are predictions, projections, or other statements about future events. These statements are based on current expectations, forecasts, and assumptions that are subject to risks and uncertainties that could cause actual results and outcomes to materially differ. Additional information regarding these risks and uncertainties may be found in our filings with the Securities and Exchange Commission, including but not limited to the risk factors section of 麻豆原创鈥檚 2025 Annual Report on Form 20-F.
漏 2026 麻豆原创 SE. All rights reserved.
麻豆原创 and other 麻豆原创 products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of 麻豆原创 SE in Germany and other countries. Please see https://www.sap.com/copyright for additional trademark information and notices.}

If approved by shareholders and assuming the same level of treasury shares as of December 31, 2025, the total amount distributed in dividends would be approximately 鈧�2.919 billion (2024: 鈧�2.743 billion), representing a pay-out ratio of 40.7% (2024: 52.0%).

麻豆原创 believes that its shareholders should benefit appropriately from the profit the Company made in 2025. The Company鈥檚 dividend policy is to pay a dividend totaling 40% or more of Non-IFRS profit after tax.

The following dates are relevant for the dividend payment:

• Record date for dividend payment: May 5, 2026
• Ex-dividend date: May 6, 2026
• Payment date: May 8, 2026

Note to holders of 麻豆原创 ADRs (American Depositary Receipts):

One 麻豆原创 ADR represents one 麻豆原创 SE share. The final dividend amount per ADR is dependent upon the euro/U.S. dollar exchange rate. Since 麻豆原创 SE pays cash dividends on the ordinary shares in euro, the exchange rate fluctuations will affect the U.S. dollar amounts received by holders of ADRs. The final dividend payment by 麻豆原创 SE to the depositary bank is scheduled for May 8, 2026 . The depositary bank will then convert the dividend payment from euro into U.S. dollars as promptly as practicable.

About 麻豆原创

As鈥痑 global leader in enterprise applications and business AI, 麻豆原创 (NYSE: 麻豆原创)鈥痵tands at the鈥痭exus鈥痮f business and technology. For over 50 years, organizations have trusted 麻豆原创鈥痶o bring out their best by uniting business-critical鈥痮perations spanning finance, procurement, HR, supply chain, and customer experience. For more information, visit鈥�.

For more information, financial community only:
Alexandra Steiger +49 (6227) 7-767336 investor@sap.com, CET
Follow 麻豆原创 Investor Relations on LinkedIn at .

For more information, press only:
Marcus Winkler, +46 (6227) 7-67497, marcus.winkler@sap.com, CET
Daniel Reinhardt, +49 (6227) 7-40201, daniel.reinhardt@sap.com, CET

This document contains forward-looking statements, which are predictions, projections, or other statements about future events. These statements are based on current expectations, forecasts, and assumptions that are subject to risks and uncertainties that could cause actual results and outcomes to materially differ. Additional information regarding these risks and uncertainties may be found in our filings with the Securities and Exchange Commission, including but not limited to the risk factors section of 麻豆原创鈥檚 2024 Annual Report on Form 20-F.
漏 2026 麻豆原创 SE. All rights reserved.
麻豆原创 and other 麻豆原创 products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of 麻豆原创 SE in Germany and other countries. Please see https://www.sap.com/copyright for additional trademark information and notices.

At a glance

• 麻豆原创 meets revenue and exceeds non-IFRS operating profit and free cash flow outlook for FY2025
• Total cloud backlog up 22% and up 30% at constant currencies
• Current cloud backlog up 16% and up 25% at constant currencies
• Cloud revenue up 23% and up 26% at constant currencies in FY2025
• Cloud ERP Suite revenue up 28% and up 32% at constant currencies in FY2025
• Total revenue up 8% and up 11% at constant currencies in FY2025
• IFRS operating profit up 111%, non-IFRS operating profit up 28% and up 31% at constant currencies in FY2025
• 麻豆原创 announces a new, two-year share repurchase program with a volume of up to 鈧�10 billion

Christian Klein, CEO:

鈥淨4 was a strong cloud quarter, with bookings resulting in 30% Total Cloud Backlog growth to a record 77 billion Euros. The significant Current Cloud Backlog growth in Q4 has laid a strong foundation for accelerating Total Revenue growth through 2027. 麻豆原创 Business AI has become a main driver for growth as it was included in two thirds of our Q4 cloud order entry, combined with strong AI adoption across the ERP Suite.鈥�

Dominik Asam, CFO:

鈥淲e closed 2025 on a high note, delivering strong operating profit and free cash flow ahead of our expectations. This performance reflects focused execution, financial discipline, and the continued trust our customers place in us as the North Star for their digital transformation. As evidenced by continued strong growth well ahead of the market in SaaS and PaaS, and our ability to bring such growth down to the bottom line and Free Cash Flow, we are confident that our strategy and operational discipline will continue to drive long-term value creation.鈥�

For more information, press only:
Marcus Winkler, +46 (6227) 7-67497, marcus.winkler@sap.com, CET
Daniel Reinhardt, +49 (6227) 7-40201, daniel.reinhardt@sap.com, CET

For more information, financial community only:
Alexandra Steiger, +49 6227 7-60437, alexandra.steiger@sap.com, CET

These longstanding policies reflect standard practice across the enterprise software industry. In our proposed remedies, we are clarifying how they work as part of our broader commitment to transparency and customer choice. The European Commission鈥檚 concerns specific aspects of our on-premise maintenance and support policies; it does not relate to or affect our cloud offerings. 鈥嬄�

We are adhering to the procedure and timeline established by the European Commission, and trust they will bring this proceeding to a quick and fair close.鈥嬄�

We do not anticipate the proceeding will result in material impacts on our financial performance. To maintain the integrity of this process, we will not provide additional comments until a final decision has been made.鈥嬄�

At a glance

• Current cloud backlog of 鈧�18.8 billion, up 23% and up 27% at constant currencies
• Cloud revenue up 22% and up 27% at constant currencies
• Cloud ERP Suite revenue up 26% and up 31% at constant currencies
• Total revenue up 7% and up 11% at constant currencies
• IFRS operating profit up 12%, non-IFRS operating profit up 14% and up 19% at constant currencies
• 麻豆原创 updates its 2025 cloud revenue, operating profit and free cash flow outlook

Christian Klein, CEO:

鈥溌槎乖� delivered a great Q3 with strong cloud revenue growth of 27%. We are gaining market share as our customers are adopting solutions across the entire Business Suite, including Business Data Cloud and AI at accelerated pace. For Q4 we are executing against a strong pipeline – which gives us confidence in our accelerating total revenue growth ambition for 2026.鈥�

Dominik Asam, CFO:

鈥淨3鈥檚 strong performance underscores the strength and agility of our model. Through disciplined execution and a sharp focus on profitability and cash flow, we鈥檝e maintained forward momentum despite an uncertain macroeconomic backdrop. We enter the fourth quarter confident in our ability to deliver on our commitments, as reflected by an improved outlook for operating profit and free cash flow.鈥�

For more information, press only:
Joellen Perry, +1 (650) 445-6780, joellen.perry@sap.com, PT
Daniel Reinhardt, +49 (6227) 7-40201, daniel.reinhardt@sap.com, CET

For more information, financial community only:
Alexandra Steiger, +49 6227 7-60437, alexandra.steiger@sap.com, CET

麻豆原创 CEO Christian Klein as well as CFO Dominik Asam will host a virtual analyst conference to present third quarter financial figures, as well as an outlook on the current financial year.

Media representatives may listen in on the at 11:00 p.m. CEST/ 5:00 p.m. ET.

The SmartRecruiters platform, known for its intuitive user experience and seamless workflows, will now be integrated with the 麻豆原创 SuccessFactors Human Capital Management (HCM) suite. This addition to the 麻豆原创 SuccessFactors portfolio will make it easier for enterprises to manage the entire hiring lifecycle, from sourcing to onboarding, with enhanced AI-enabled recruiting capabilities that result in faster time-to-hire, improved candidate experiences and deeper analytics for workforce planning. SmartRecruiters customers will maintain the flexibility to continue using SmartRecruiters solutions with 麻豆原创 or other HCM solutions.

Visit the . Get 麻豆原创 news via  and .

About SmartRecruiters

SmartRecruiters is the Recruiting AI Company that transforms hiring for the world鈥檚 leading enterprises. Built for global scale, SmartRecruiters delivers an AI-powered hiring platform that automates and optimizes the entire talent acquisition process, ensuring faster and smarter hiring decisions. More than 4,000 organizations, including Amazon, Visa, and McDonald鈥檚, rely on SmartRecruiters to build winning teams. For more information, visit聽.

Media contacts:
Joellen Perry, +1 (626) 265-0370,聽joellen.perry@sap.com, PT
Benjamin Nickel, +49 306341070266, benjamin.nickel@sap.com, CEST
Ilaina Jonas, +1 (646) 495-6643,聽ilaina.jonas@sap.com, ET
麻豆原创 麻豆原创 Room;听press@sap.com

This document contains forward-looking statements, which are predictions, projections, or other statements about future events. These statements are based on current expectations, forecasts, and assumptions that are subject to risks and uncertainties that could cause actual results and outcomes to materially differ. Additional information regarding these risks and uncertainties may be found in our filings with the Securities and Exchange Commission, including but not limited to the risk factors section of 麻豆原创鈥檚 2024 Annual Report on Form 20-F.
漏 2025 麻豆原创 SE. All rights reserved.
麻豆原创 and other 麻豆原创 products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of 麻豆原创 SE in Germany and other countries. Please see  for additional trademark information and notices.

SmartRecruiters鈥� deep expertise in high-volume recruiting, recruitment automation and AI-enabled candidate experience and engagement are considered an ideal addition to the 麻豆原创 SuccessFactors human capital management (HCM) suite. The planned acquisition will strengthen 麻豆原创鈥檚 all-in-one HCM suite, so customers have the tools they need to attract and retain top talent in an increasingly competitive landscape.

SmartRecruiters鈥� powerful, user-friendly interfaces and seamless workflows will complement 麻豆原创鈥檚 robust HR tools 鈥� improving decision-making, reducing time-to-hire and providing a better experience for candidates. Embedded analytics and AI-driven recommendations from both companies will provide rich insights into talent pools, hiring bottlenecks and workforce planning.

鈥淗iring the right people is not just an HR priority 鈥� it鈥檚 a business priority. With this planned acquisition, we will help our customers attract and hire the best talent so they can advance their talent acquisition agendas with speed and agility, while lowering their total cost of ownership,鈥� said Muhammad Alam, member of the Executive Board of 麻豆原创 SE, 麻豆原创 Product & Engineering. 鈥淐ustomers will be able to manage the entire candidate lifecycle 鈥� from sourcing and interviewing to onboarding and beyond 鈥� all in a single system to streamline the experience for recruiters, hiring managers and, in particular, candidates.鈥�

Customers can expect enhanced and AI-enabled recruiting and hiring capabilities, making applicant tracking and candidate screening more efficient. Data-driven hiring and recruitment analytics will flow directly into 麻豆原创鈥檚 existing HCM tools, providing a single system of record and harmonized data for compliant, seamless operations. The SmartRecruiters portfolio will also continue to be available standalone for the foreseeable future.

SmartRecruiters鈥� Software-as-a-Service solutions and platform enable more than 4,000 organizations globally to efficiently manage their hiring workflows end-to-end, offering a compelling experience to recruiters, hiring managers and candidates.

SmartRecruiters CEO Rebecca Carr said, 鈥淪martRecruiters鈥� mission has always been to make hiring easy. Joining forces with 麻豆原创 presents a tremendous opportunity for enterprises worldwide to benefit from our industry-leading approach to talent acquisition. I couldn’t be more excited for the opportunity this planned acquisition presents for our customers, partners and employees as we build the future of hiring together.”

The transaction is expected to close in the fourth quarter of 2025, subject to customary closing conditions, including regulatory approvals. Terms of the transaction were not disclosed. J.P. Morgan served as exclusive financial advisor to SmartRecruiters.

Visit the . Get 麻豆原创 news via  and .

About SmartRecruiters

SmartRecruiters is the Recruiting AI Company that transforms hiring for the world鈥檚 leading enterprises. Built for global scale, SmartRecruiters delivers an AI-powered hiring platform that automates and optimizes the entire talent acquisition process, ensuring faster and smarter hiring decisions. More than 4,000 organizations, including Amazon, Visa, and McDonald鈥檚, rely on SmartRecruiters to build winning teams. For more information, visit .

About 麻豆原创

As鈥痑 global leader in enterprise applications and business AI, 麻豆原创 (NYSE:麻豆原创)鈥痵tands at the鈥痭exus鈥痮f business and technology. For over 50 years, organizations have trusted 麻豆原创鈥痶o bring out their best by uniting business-critical鈥痮perations spanning finance, procurement, HR, supply chain, and customer experience. For more information, visit .

Note to editors:
To preview and download broadcast-standard stock footage and press photos digitally, please visit . On this platform, you can find high resolution material for your media channels.

For customers interested in learning more about 麻豆原创 products:
Global Customer Center: +49 180 534-34-24
United States Only: 1 (800) 872-1麻豆原创 (1-800-872-1727)

For more information, press only:
Joellen Perry, +1 (626) 265-0370, joellen.perry@sap.com, PT
Daniel Reinhardt, +49 151 168 10 157, daniel.reinhardt@sap.com, CEST
Victoria Dixon, +1 (703) 288 6020, victoria.dixon@sap.com, ET
麻豆原创 麻豆原创 Room; press@sap.com

This document contains forward-looking statements, which are predictions, projections, or other statements about future events. These statements are based on current expectations, forecasts, and assumptions that are subject to risks and uncertainties that could cause actual results and outcomes to materially differ. Additional information regarding these risks and uncertainties may be found in our filings with the Securities and Exchange Commission, including but not limited to the risk factors section of 麻豆原创鈥檚 2024 Annual Report on Form 20-F.
漏 2025 麻豆原创 SE. All rights reserved.
麻豆原创 and other 麻豆原创 products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of 麻豆原创 SE in Germany and other countries. Please see for additional trademark information and notices.
Please consider our . If you received this press release in your e-mail and you wish to unsubscribe to our mailing list please contact press@sap.com and write Unsubscribe in the subject line.鈥�

At a glance

• Current cloud backlog of 鈧�18.1 billion, up 22% and up 28% at constant currencies
• Cloud revenue up 24% and up 28% at constant currencies
• Cloud ERP Suite revenue up 30% and up 34% at constant currencies
• Total revenue up 9% and up 12% at constant currencies
• IFRS operating profit of 鈧�2.5 billion; non-IFRS operating profit of 鈧�2.6 billion, up 32% and up 35% at constant currencies
• Outlook 2025 unchanged

Q2 2025 I in 鈧� millions, unless otherwise stated

Christian Klein, CEO:

“We have delivered yet another quarter of outstanding results. AI innovations such as Joule becoming available ‘everywhere and for everything’ and 麻豆原创 Business Data Cloud as a powerful accelerator of AI make our portfolio ever stronger. Enterprise operations are about to enter a new era, and 麻豆原创 is best positioned to benefit from that evolution.”

Dominik Asam, CFO:

“We achieved a very good Q2, with accelerating total revenue growth, strong profitability and free cash flow. Our performance was supported by continued customer demand and disciplined cost control. As we move into the second half, we remain cautiously optimistic, keeping a close eye on geopolitical developments and public sector trends.”

For more information, press only:
Joellen Perry, +1 (650) 445-6780, joellen.perry@sap.com, PT
Daniel Reinhardt, +49 (6227) 7-40201, daniel.reinhardt@sap.com, CET

For more information, financial community only:
Alexandra Steiger, +49 (6227) 7-60437, alexandra.steiger@sap.com, CET

麻豆原创 CEO Christian Klein and CFO Dominik Asam will host a virtual analyst conference to present second quarter financial figures, as well as an outlook on the current financial year.

Media representatives may listen in on the virtual analyst conference via at 11:00 p.m. CEST/ 5:00 p.m. ET.

1. It is intended to merge LeanIX GmbH (local court of Bonn, HRB 19137) as transferring company in the course of a simplified group merger into 麻豆原创 SE as acquiring company. Therefore, the assets of LeanIX GmbH in its entirety together with all rights and obligations are transferred to 麻豆原创 SE with effectiveness as of 1 January 2025, 0:00 a.m. (鈥渆ffective merger date鈥�). From the effective merger date to the date of the expiry of LeanIX GmbH pursuant to Sec. 20 para. 1 No.2 UmwG
   all acts and businesses undertaken by LeanIX GmbH shall be deemed to have been undertaken for the account of 麻豆原创 SE.

   麻豆原创 SE is the sole shareholder of LeanIX GmbH. A merger resolution of the acquiring company 麻豆原创 SE is not necessary pursuant to Sec. 62 para. 1 sent. 1 UmwG. A resolution of the general meeting of Shareholders of 麻豆原创 SE on the approval of the merger agreement is also not required because 麻豆原创 SE as the acquiring company holds the share capital of LeanIX GmbH in full. Since 麻豆原创 SE holds all shares in LeanIX GmbH, the preparation of a merger report, a merger audit and an audit report is not required pursuant to Secs. 8 para. 3 sent. 3 no. 1 a), 9 para. 2, 12 para. 3, 60 UmwG.

2. The stakeholders of 麻豆原创 SE with a combined holding of one-twentieth of the share capital of the company are herewith advised of their right to request the convention of a general meeting to decide on the approval of the merger (Sec. 62 para. 2 sent. 1, para. 3 sent. 3 UmwG).
3. A resolution of the shareholder鈥檚 meeting of LeanIX GmbH on the approval of the merger agreement is not required pursuant to section 62 para. 4 sent. 1 UmwG because 麻豆原创 SE is the sole shareholder of LeanIX GmbH.
4. As of the date of this announcement, the following documents can be assessed by the links below:
   1. The between 麻豆原创 SE and LeanIX GmbH.
   2. The annual financial statements and, where required, the annual reports of the companies who are parties to the merger for last three fiscal years:

      
      
      
      
      
      

麻豆原创 SE, May 23, 2025

The Board of Directors

• Current cloud backlog of 鈧�18.2 billion, up 28% and up 29% at constant currencies
• Cloud revenue up 27% and up 26% at constant currencies
• Cloud ERP Suite revenue up 34% and up 33% at constant currencies
• Total revenue up 12% and up 11% at constant currencies
• IFRS operating profit of 鈧�2.3 billion; non-IFRS operating profit of 鈧�2.5 billion, up 60% and up 58% at constant currencies

“Q1 once again underlines that our success formula is working. Current cloud backlog expanded 29% at constant currencies and total revenue saw a double-digit increase. With a share of more predictable revenue of 86%, 麻豆原创鈥檚 business model remains resilient in uncertain times. Our AI-powered portfolio enables companies to navigate supply chain disruptions in over 130 countries and to unlock efficiencies with agility and speed.”

Christian Klein, CEO

“Q1 marks a solid start to the year in a highly volatile environment, with strong total revenue growth and outstanding operating profit expansion. These results are a testament to our cost discipline and focused execution. While we鈥檙e encouraged by this momentum, we remain mindful of the broader environment and are approaching the rest of the year with vigilance, continuing to safeguard both profit and cash flow. “

Dominik Asam, CFO

麻豆原创 Contacts:
Joellen Perry, +1 (650) 445-6780, joellen.perry@sap.com, PT
Daniel Reinhardt, +49 (6227) 7-40201, daniel.reinhardt@sap.com, CET

麻豆原创 CEO Christian Klein and 麻豆原创 CFO Dominik Asam will host a virtual financial analyst call to review first quarter results.

Media representatives may may listen in on the virtual analyst conference on April 22 at 11:00 p.m. CEST / 5:00 p.m. ET.

This year鈥檚 sustainability information in the report is prepared in line with the requirements of the Corporate Sustainability Reporting Directive (CSRD), further detailed in the in European Sustainability Reporting Standards (ESRS), for the first time.

You can access PDF versions of the 麻豆原创 Integrated Report 2024 and the 麻豆原创 Annual Report 2024 on Form 20-F at our Investor Relations website: . A hard copy of the audited consolidated financial statements can also be requested free of charge by sending an email to investor@sap.com or via phone +49 6227 7-67336.

Visit the 麻豆原创 News Center. Follow 麻豆原创 at .

About 麻豆原创

As鈥痑 global leader in enterprise applications and business AI, 麻豆原创 (NYSE: 麻豆原创)鈥痵tands at the鈥痭exus鈥痮f business and technology. For over 50 years, organizations have trusted 麻豆原创鈥痶o bring out their best by uniting business-critical鈥痮perations spanning finance, procurement, HR, supply chain, and customer experience. For more information, visit鈥�.

For more information, financial community only:
Alexandra Steiger, +49 (6227) 7-767336, investor@sap.com, CET
Follow 麻豆原创 Investor Relations on LinkedIn at .

For more information, press only:
Joellen Perry, +1 (650) 445-6780, joellen.perry@sap.com, PT
Daniel Reinhardt, +49 (6227) 7-40201, daniel.reinhardt@sap.com, CET

For customers interested in learning more about 麻豆原创 products:
Global Customer Center: +49 180 534-34-24
United States Only: +1 (800) 872-1麻豆原创 (+1-800-872-1727)

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.

This document contains forward-looking statements, which are predictions, projections, or other statements about future events. These statements are based on current expectations, forecasts, and assumptions that are subject to risks and uncertainties that could cause actual results and outcomes to materially differ. Additional information regarding these risks and uncertainties may be found in our filings with the Securities and Exchange Commission, including but not limited to the risk factors section of 麻豆原创鈥檚 2024 Annual Report on Form 20-F.
漏 2025 麻豆原创 SE. All rights reserved.
麻豆原创 and other 麻豆原创 products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of 麻豆原创 SE in Germany and other countries. Please see https://www.sap.com/copyright for additional trademark information and notices.

If approved by shareholders and assuming the same level of treasury shares at the time of 麻豆原创 SE鈥檚 Annual General Meeting of Shareholders on May 13, 2025, and as at December 31, 2024, the total amount distributed in dividends would be approximately 鈧�2.741 billion (2023: 鈧�2.565 billion), representing a pay-out ratio of 51.9% (2023: 43.0%).

麻豆原创 believes that its shareholders should benefit appropriately from the profit the Company made in 2024. The Company鈥檚 dividend policy is to pay a dividend totaling at least 40% of non-IFRS profit after tax from continuing operations.

The following dates are relevant for the dividend payment:

     Record date for dividend payment: May 13, 2025
     Ex-dividend date: May 14, 2025
     Payment date: May 16, 2025

Note to holders of 麻豆原创 ADRs (American Depositary Receipts):
One 麻豆原创 ADR represents one 麻豆原创 SE share. The final dividend amount per ADR is dependent upon the euro/U.S. dollar exchange rate. Since 麻豆原创 SE pays cash dividends on the ordinary shares in euro, the exchange rate fluctuations will affect the U.S. dollar amounts received by holders of ADRs. The final dividend payment by 麻豆原创 SE to the depositary bank is scheduled for May 16, 2025. The depositary bank will then convert the dividend payment from euro into U.S. dollars as promptly as practicable.

Visit the 麻豆原创 News Center. Follow 麻豆原创 at .

About 麻豆原创

As a global leader in enterprise applications and business AI, 麻豆原创 (NYSE: 麻豆原创)聽stands at the聽nexus聽of business and technology. For over 50 years, organizations have trusted 麻豆原创聽to bring out their best by uniting business-critical聽operations spanning finance, procurement, HR, supply chain, and customer experience. For more information, visit聽.

Note to editors:
To preview and download broadcast-standard stock footage and press photos digitally, please visit . On this platform, you can find high resolution material for your media channels.

For customers interested in learning more about 麻豆原创 products:
Global Customer Center: +49 180 534-34-24
United States Only: 1 (800) 872-1麻豆原创 (1-800-872-1727)

For more information, financial community only:
Alexandra Steiger +49 (6227) 7-67336, investor@sap.com, CET
Follow 麻豆原创 Investor Relations on .

For more information, press only:
Joellen Perry 聽 +1 (650) 445-6780, joellen.perry@sap.com, PT
Daniel Reinhardt聽 +49 (6227) 7-40201, daniel.reinhardt@sap.com, CET
麻豆原创 麻豆原创 Room; press@sap.com

This document contains forward-looking statements, which are predictions, projections, or other statements about future events. These statements are based on current expectations, forecasts, and assumptions that are subject to risks and uncertainties that could cause actual results and outcomes to materially differ. Additional information regarding these risks and uncertainties may be found in our filings with the Securities and Exchange Commission, including but not limited to the risk factors section of 麻豆原创鈥檚 2023 Annual Report on Form 20-F.
漏 2025 麻豆原创 SE. All rights reserved.
麻豆原创 and other 麻豆原创 products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of 麻豆原创 SE in Germany and other countries. Please see for additional trademark information and notices.

New Extended Board, including Chief Technology Officer (CTO) and Chief Revenue Officers (CROs), will further enhance efficiency and accelerate transformation.

WALLDORF 鈥� (NYSE: 麻豆原创) today announced that Sebastian Steinhaeuser (39) has been appointed to join the 麻豆原创 Executive Board. He will lead a newly formed board area called Strategy & Operations, continuing to support the execution of 麻豆原创鈥檚 strategy and driving simplification in operations. The 麻豆原创 Supervisory Board also extended the contract of Executive Board Member Thomas Saueressig, head of Customer Services & Delivery, for another three years until 2028.

麻豆原创 also announced that it is forming an Extended Board* comprising senior leaders from across the company, including the newly appointed CTO, Co-CROs and Chief Marketing Officer (CMO). The new 麻豆原创 Extended Board will act as a strategic advisory body, driving execution of the company鈥檚 AI-first, Suite-first strategy. It will leverage global leadership to align with key initiatives and ensure smooth execution across the organization, while the 麻豆原创 Executive Board remains the ultimate managing body of 麻豆原创 SE.

New Board Area to Drive Strategy Execution and Simplification

The new Strategy & Operations board area will ensure that 麻豆原创 continues successfully executing on its transformation journey by driving the company鈥檚 strategy internally and externally, as well as by simplifying internal operations. Bringing Strategy & Operations together with Global Marketing 鈥� led by newly-appointed CMO Ada Agrait 鈥� will also promote closer collaboration to deliver customers and partners an enhanced digital experience.

鈥淪ince joining in 2020, Sebastian Steinhaeuser has been crucial in shaping and implementing 麻豆原创鈥檚 corporate strategy. We believe that Sebastian is not just a leader, but the architect of a future where innovation meets impact. On behalf of the 麻豆原创 Supervisory Board, I wish Sebastian a very successful start in his new role,鈥� said Pekka Ala-Pietil盲, chairman of the Supervisory Board of 麻豆原创 SE. 鈥淢oreover, we are excited to extend our best wishes to Thomas Saueressig for his forthcoming term on the 麻豆原创 Executive Board. His contributions have been instrumental in accelerating our customers’ journey to the cloud, and we look forward to his continued success.鈥�

After joining 麻豆原创 in 2020, Steinhaeuser held various positions, including the role of Chief Strategy Officer, where he also ran the growth areas Business Transformation Management, Business Network and Sustainability. In 2024, Steinhaeuser鈥檚 role expanded to Chief Strategy & Operating Officer, including oversight of business operations, processes and IT, as well as ecosystem and commercial functions. Prior to joining 麻豆原创, Steinhaeuser worked with the Boston Consulting Group, where he supported companies in their corporate and digital transformation journeys.

Further Organizational Updates to Build on 麻豆原创鈥檚 Successful Foundation

麻豆原创 is also announcing a new CTO and new CROs. Philipp Herzig will take on the role of 麻豆原创’s global CTO, in addition to his current position as Chief AI Officer. In this role, he will oversee 麻豆原创鈥檚 technology strategy, innovation, research and corporate development, driving the ongoing success of 麻豆原创鈥檚 Business AI and Sustainability units while continuing to advance innovation for 麻豆原创 customers and partners.

Jan Gilg and Emmanuel (Manos) Raptopoulos will co-lead 麻豆原创鈥檚 Customer Success organization as 麻豆原创鈥檚 new CROs. Gilg, currently president and chief product officer for Cloud ERP, will oversee 麻豆原创 Americas and the Global 麻豆原创 Business Suite. Raptopoulos, the current regional president of 麻豆原创 EMEA, will manage the 麻豆原创 EMEA, MEE and APAC regions. Elevating leadership that combines a strong product background with great sales experience will help 麻豆原创 engage more deeply with customers to translate their challenges into solutions that ensure sustained success. Herzig, Gilg and Raptopoulos will report into 麻豆原创 CEO Christian Klein and serve on 麻豆原创鈥檚 Extended Board.

All changes are effective February 1, 2025.

Visit the 麻豆原创 News Center. Follow 麻豆原创 at .

*Members of the Extended Board: Ada Agrait (Chief Marketing Officer), Michael Ameling (General Manager, Business Technology Platform), Sebastian Behrendt (Head of Global Finance), Jan Gilg (Chief Revenue Officer, Americas & Global Business Suite), Philipp Herzig (Chief Technology Officer), Thomas Pfiester (Head of Global Customer Engagement), Emmanuel Raptopoulos (Chief Revenue Officer, APAC/EMEA/MEE), TBA (General Manager, Business Suite), Monika Schaller (Chief Communications Officer)

About 麻豆原创

As鈥痑 global leader in enterprise applications and business AI, 麻豆原创 (NYSE:麻豆原创)鈥痵tands at the鈥痭exus鈥痮f business and technology. For over 50 years, organizations have trusted 麻豆原创鈥痶o bring out their best by uniting business-critical鈥痮perations spanning finance, procurement, HR, supply chain, and customer experience. For more information, visit鈥�.

Note to editors:
To preview and download broadcast-standard stock footage and press photos digitally, please visit . On this platform, you can find high resolution material for your media channels.

For customers interested in learning more about 麻豆原创 products:
Global Customer Center: +49 180 534-34-24
United States Only: 1 (800) 872-1麻豆原创 (1-800-872-1727)

For more information, press only:
Joellen Perry,+1 (626) 265-0370, joellen.perry@sap.com, PT
Marcus Winkler, +49 6227 767 497, marcus.winkler@sap.com, CET
麻豆原创 麻豆原创 Room; press@sap.com

This document contains forward-looking statements, which are predictions, projections, or other statements about future events. These statements are based on current expectations, forecasts, and assumptions that are subject to risks and uncertainties that could cause actual results and outcomes to materially differ. Additional information regarding these risks and uncertainties may be found in our filings with the Securities and Exchange Commission, including but not limited to the risk factors section of 麻豆原创鈥檚 2023 Annual Report on Form 20-F.
漏 2025 麻豆原创 SE. All rights reserved.
麻豆原创 and other 麻豆原创 products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of 麻豆原创 SE in Germany and other countries. Please see for additional trademark information and notices.
Please consider our . If you received this press release in your e-mail and you wish to unsubscribe to our mailing list please contact press@sap.com and write Unsubscribe in the subject line.鈥�

• 麻豆原创 meets or exceeds all financial outlook parameters for FY2024
• Current cloud backlog of 鈧�18.1 billion, up 32% and up 29% at constant currencies
• Total cloud backlog of 鈧�63.3 billion, up 43% and up 40% at constant currencies
• Cloud revenue up 25% and up 26% at constant currencies in FY2024
• Cloud ERP Suite revenue up 33% and up 34% at constant currencies in FY2024
• Total revenue up 10% and up 10% at constant currencies in FY2024
• IFRS operating profit down 20%, non-IFRS operating profit up 25% and up 26% at constant currencies in FY2024
• 2025 outlook anticipates accelerating cloud revenue growth

“Q4 was a strong finish to the year, with half of our cloud order entry including AI. Looking at the full year, we exceeded our cloud goals, accelerating cloud revenue and current cloud backlog growth against a much larger base. Total cloud backlog now stands at 鈧�63 billion, up 40%. Revenue growth has returned to double-digits. Looking ahead, our strong position in data and Business AI gives us additional confidence that we will accelerate revenue growth through 2027.”

Christian Klein, CEO

“We are pleased with the strong close to 2024, where we exceeded our cloud and software revenue, non-IFRS operating profit, and free cash flow outlook. With current cloud backlog growth of 29%, we’ve demonstrated the strength of our strategy and our ability to deliver on our commitments. This progress solidly aligns with the Ambition 2025 we set four years ago and positions us well for continued growth this year and beyond.”

Dominik Asam, CFO

麻豆原创 CEO Christian Klein and CFO Dominik Asam will host a press conference to present fourth quarter financial figures and 2024 year-end results, as well as an outlook on the current financial year.

Media representatives are invited to join in person or participate in the press conference via Webcast at 10:00 a.m. CET/4:00 a.m. ET, accessible at .

• Current cloud backlog of 鈧�15.4 billion, up 25% and up 29% at constant currencies
• Cloud revenue up 25% and up 27% at constant currencies
• Cloud ERP Suite revenue up 34% and up 36% at constant currencies
• Total revenue up 9% and up 10% at constant currencies
• IFRS cloud gross profit up 26%, non-IFRS cloud gross profit up 27% and up 28% at constant currencies
• IFRS operating profit up 29%, non-IFRS operating profit up 27% and up 28% at constant currencies
• 麻豆原创 raises its 2024 outlook for cloud and software revenue, operating profit and free cash flow

“Q3 was another strong quarter for 麻豆原创, and we are confidently raising our 2024 financial outlook. Cloud revenue growth developed remarkably well in the quarter, especially for our Cloud ERP Suite. Even more importantly, we are making strong progress on Business AI with groundbreaking innovations such as 麻豆原创 Knowledge Graph. A significant part of our cloud deals in Q3 included AI use cases.”

Christian Klein, CEO

“We are very pleased with our third quarter performance. The 2024 transformation program has already started to yield efficiency improvements. This allowed us to deliver a strong operating profit and free cash flow, while retaining our topline momentum.
We鈥檙e now focused on carrying that momentum into Q4 to safeguard the achievement of our 2025 ambition amidst a highly volatile environment.”

Dominik Asam, CFO

麻豆原创 CEO Christian Klein and CFO Dominik Asam will host a virtual analyst conference to present Q3 financial figures, as well as an outlook on the current financial year. Media representatives may listen in on the at 11:00 p.m. CEST/ 5:00 p.m. ET.

WalkMe’s innovative technology enables seamless workflow execution across business software applications, improving user experience and adoption and supporting business transformation. WalkMe^X鈥檚 AI capabilities will supercharge 麻豆原创’s copilot Joule with context-aware and proactive help across workflows, allowing users to become more productive.

As a result of the acquisition, each ordinary issued and outstanding share of WalkMe Ltd. has been converted into the right for its shareholders to receive US$14.00, subject to adjustment, per share in cash. The completion of the acquisition has been duly reported to the Nasdaq Stock Market, and trading of WalkMe’s ordinary shares is expected to be suspended at the close of market today pending delisting. With an equity value of about US$1.5 billion, this represents an approximate 45% premium to WalkMe’s closing share price on June 4, 2024, the day 麻豆原创 and WalkMe agreed to binding terms of the acquisition.

Visit the . Follow 麻豆原创 at .

For more information, financial community only:
Alexandra Steiger, +49 6227-7-60437, investor@sap.com, CEST

For more information, press only:
Joellen Perry, +1 650-445-6780, joellen.perry@sap.com, PT
Daniel Reinhardt, +49 6227-7-40201, daniel.reinhardt@sap.com, CEST
Ofir Bloch, press@walkme.com
麻豆原创 麻豆原创 Room; press@sap.com

This document contains forward-looking statements, which are predictions, projections, or other statements about future events. These statements are based on current expectations, forecasts, and assumptions that are subject to risks and uncertainties that could cause actual results and outcomes to materially differ. Additional information regarding these risks and uncertainties may be found in our filings with the Securities and Exchange Commission, including but not limited to the risk factors section of 麻豆原创鈥檚 2023 Annual Report on Form 20-F.
漏 2024 麻豆原创 SE. All rights reserved.
麻豆原创 and other 麻豆原创 products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of 麻豆原创 SE (or its affiliates) in Germany and other countries. Please see for additional trademark information and notices.

• Current cloud backlog of 鈧�14.8 billion, up 28%, both at nominal and constant currencies
• Cloud revenue up 25%, underpinned by 33% Cloud ERP Suite revenue growth, all at nominal and constant currencies
• Total revenue up 10%, both at nominal and constant currencies
• IFRS cloud gross profit up 29%, non-IFRS cloud gross profit up 28% and up 29% at constant currencies
• IFRS operating profit down 11% due to restructuring expenses of 鈧�0.6 billion. Non-IFRS operating profit up 33% and up 35% at constant currencies
• 2024 financial outlook reiterated. 2025 operating profit ambition increased to reflect anticipated incremental efficiency gains from expanded transformation program

“Our cloud growth momentum remained strong in Q2, with Business AI enabling many deals. We continue to execute on our transformation with great discipline, leading to an increase in our operating profit ambition for 2025. At the same time, we continue to invest into our transformation to be the leader in Business AI. Given our progress and strong pipeline, we are confident to achieve accelerating topline growth through 2027.”

Christian Klein, CEO

We are staying squarely focused on delivering our outlook for this year. Our current cloud backlog growth during the second half of 2024, and especially in Q4 will be decisive to lay a solid foundation for our cloud revenue ambition for 2025. At the same time, we鈥檒l continue to execute against our transformation plan to achieve our 2025 free cash flow ambition despite a mid-triple-digit million cash out for restructuring spilling into next year.

Dominik Asam, CFO

麻豆原创 CEO Christian Klein as well as CFO Dominik Asam will host a virtual analyst conference to present second quarter financial figures, as well as an outlook on the current financial year.

Media representatives may listen in on the virtual analyst conference via Webcast at 11:00 p.m. CEST/ 5:00 p.m. EDT, accessible at .

WalkMe’s solutions help organizations navigate constant technology change by providing users with advanced guidance and automation features that enable them to execute workflows seamlessly across any number of applications. This results in higher adoption of the underlying application and as such drives value realization.

The Executive and Supervisory Boards of 麻豆原创 SE and the board of directors of WalkMe have approved the transaction for US $14.00 per share in an all-cash transaction, representing an equity value of approximately US $1.5 billion. The offer price represents a 45% premium to WalkMe鈥檚 closing share price on June聽4, 2024.

The envisioned combination complements 麻豆原创鈥檚 Business Transformation Management portfolio around 麻豆原创 Signavio and 麻豆原创 LeanIX solutions to help customers on their transformation journeys.

鈥淎pplications, processes, data and people are the four key elements of a successful business transformation,鈥� said Christian Klein, CEO and member of the Executive Board of 麻豆原创 SE. 鈥淏y acquiring WalkMe, we are doubling down on the support we provide our end users, helping them to quickly adopt new solutions and features to get the maximum value out of their IT investments.鈥�

WalkMe: Focus on Analyzing Adoption and Business Transformation

鈥淲e are thrilled to join forces with 麻豆原创. This acquisition marks a significant milestone in our journey, providing us with the resources and customer base necessary to enhance our product offerings and expand our market reach,鈥� said Dan Adika, CEO of WalkMe. 鈥淏y leveraging 麻豆原创’s extensive ecosystem, we are poised to unlock substantial growth opportunities and deliver even greater value to our customers. Together, we look forward to a future filled with innovation and exceptional service.鈥�

WalkMe helps organizations boost enterprise productivity and lower risk by enabling consistent, effective and efficient use of software and the workflows it enables. Its DAP works on top of an organization’s application landscape, detects where people encounter friction and provides the tailored support and automation they need to complete the job to be done, right in the flow of work, across any application. Importantly, WalkMe will continue to fully support non-麻豆原创 applications.

Soon, WalkMe will launch the WalkMe^X copilot, which will use WalkMe’s contextual awareness and AI to suggest the best next step for any workflow, anywhere. WalkMe^X has the capability to always be on, serving as an overlay to any application, including copilots from different vendors that companies use in their landscapes. Integrating the strength of WalkMe’s adoption capabilities with 麻豆原创’s copilot Joule will boost AI assistant and productivity gains for all 麻豆原创 customers. Additionally, integrating distinctive e-learning features in the 麻豆原创 Enable Now solution with WalkMe will form the center of 麻豆原创’s people-centric transformation approach going forward.

The acquisition is subject to customary closing conditions, including the receipt of WalkMe shareholder approval and necessary regulatory clearances, and is expected to close in the third quarter of 2024. The impact of the transaction on 麻豆原创鈥檚 non-IFRS earnings per share for fiscal 2024 is expected to be immaterial.

Visit the 麻豆原创 News Center. Follow 麻豆原创 at .

About WalkMe

WalkMe (NASDAQ: WKME), headquartered in Tel Aviv, Israel, pioneered DAP innovations and solutions so companies can effectively navigate the constant change brought on by technology. With WalkMe, organizations drive enterprise productivity and reduce risk by ensuring consistent, responsible, and efficient adoption of software and the workflows it powers. Our AI-driven platform sits on top of an organization鈥檚 tech stack, identifies where people experience friction, and delivers the personalized guidance and automation needed to get the job done, right in the flow of work. Customers like IBM, Nestle, ThermoFisher Scientific, and the U.S. Dept. of Defense trust WalkMe to create the people-centric experiences required to boost the effectiveness of their workflows and maximize software ROI.

About 麻豆原创

As鈥痑 global leader in enterprise applications and business AI, 麻豆原创 (NYSE:麻豆原创)鈥痵tands at the鈥痭exus鈥痮f business and technology. For over 50 years, organizations have trusted 麻豆原创鈥痶o bring out their best by uniting business-critical鈥痮perations spanning finance, procurement, HR, supply chain, and customer experience. For more information, visit鈥�.

Note to editors:
To preview and download broadcast-standard stock footage and press photos digitally, please visit . On this platform, you can find high resolution material for your media channels.

For customers interested in learning more about 麻豆原创 products:
Global Customer Center: +49 180 534-34-24
United States Only: 1 (800) 872-1麻豆原创 (1-800-872-1727)

For more information, financial community only:
Anthony Coletta, +49 6227-7-60437, investor@sap.com, CEST

For more information, press only:
Joellen Perry, +1 650-445-6780, joellen.perry@sap.com, PT
Daniel Reinhardt, +49 6227-7-40201, daniel.reinhardt@sap.com, CEST
麻豆原创 麻豆原创 Room; press@sap.com

For WalkMe Investor Relations:
John Streppa, investors@walkme.com

Additional Important Information and Where to Find It
In connection with the proposed transaction, WalkMe will prepare a proxy statement to be delivered to its shareholders and furnished to the Securities and Exchange Commission (the 鈥淪EC鈥�). INVESTORS AND SECURITY HOLDERS ARE STRONGLY ADVISED TO READ THE PROXY STATEMENT WHEN IT BECOMES AVAILABLE AND OTHER RELEVANT DOCUMENTS FILED OR FURNISHED TO THE SEC IN CONNECTION WITH THE PROPOSED TRANSACTION OR INCORPORATED BY REFERENCE THEREIN, BECAUSE THE PROXY STATEMENT AND SUCH OTHER RELEVANT DOCUMENTS WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION AND THE PARTIES TO THE PROPOSED TRANSACTION. This press release is not a substitute for the proxy statement or any other document that may be filed or furnished by WalkMe with the SEC.

The proxy statement and other related documents filed or furnished to the SEC regarding the proposed transaction may be obtained for free from the SEC鈥檚 website (), WalkMe鈥檚 website at or by directing such request to WalkMe鈥檚 Investor Relations.

Forward-Looking Statements
This press release contains 鈥渇orward-looking statements鈥� within the meaning of the 鈥渟afe harbor鈥� provisions of the Private Securities Litigation Reform Act of 1995 and other applicable securities laws. All statements other than statements of historical fact, including statements regarding the proposed acquisition of WalkMe by 麻豆原创, the expected timing for completing the proposed transaction and the terms thereof, future financial and operating results, benefits and synergies of the transaction, future opportunities for the combined businesses and any other statements regarding events or developments that may occur in the future, may be 鈥渇orward-looking statements鈥� for purposes of federal and state securities laws. These forward-looking statements involve a number of risks and uncertainties that could significantly affect the financial or operating results of 麻豆原创, WalkMe or the combined company. Words such as 鈥渆xpects,鈥� 鈥渁nticipates,鈥� 鈥渋ntends,鈥� 鈥減lans,鈥� 鈥渂elieves,鈥� 鈥渆stimates,鈥� 鈥減redicts,鈥� 鈥渟eeks,鈥� 鈥渢argets,鈥� 鈥渨ould,鈥� 鈥渨ill,鈥� 鈥渟hould,鈥� 鈥渕ay鈥� and variations of such words and similar expressions are intended to identify such forward-looking statements. Such statements are based on management鈥檚 expectations as of the date they are first made, are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to predict. Neither 麻豆原创 nor WalkMe can give any assurances that the expectations in such forward-looking statements will be attained and, therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. For example, these forward-looking statements could be affected by factors including, without limitation, risks associated with the ability to consummate the proposed transaction, the satisfaction of the conditions to the consummation of the proposed transaction, including the receipt of certain regulatory approvals, and the timing of the closing of the proposed transaction; the occurrence of any event, change or other circumstance that could give rise to the termination of the proposed transaction; the potential that WalkMe shareholders may not approve the transaction; the ability to successfully integrate operations and employees; the ability to realize anticipated benefits and synergies of the proposed transaction as rapidly or to the extent anticipated by financial analysts or investors; the potential impact of the announcement of the proposed transaction on operating results, business generally and business relationships, including with employees, customers, suppliers and competitors; unanticipated restructuring costs may be incurred or undisclosed liabilities assumed; actual or threatened legal proceedings that have been or may be instituted against 麻豆原创 or WalkMe in connection with the proposed transaction or otherwise; the ability and costs related to retaining key personnel and clients; risks related to diverting management鈥檚 attention from ongoing business operations; delays, challenges, costs, fees, expenses and charges related to the proposed transaction; actions by competitors; general adverse economic, political, social and security conditions in the regions and industries in which 麻豆原创 and WalkMe operate, including relating to Israel鈥檚 ongoing war with Hamas and other terrorist organizations in the Middle East and general hostilities; exposure to inflation, currency rate and interest rate fluctuations and risks associated with doing business locally and internationally, as well as fluctuations in the market price of 麻豆原创 and WalkMe鈥檚 traded securities; natural catastrophes, any pandemic, epidemic or outbreak of infectious disease, warfare, protests and riots, and terrorist attacks; and those additional risks and factors discussed in reports filed or furnished with the SEC by 麻豆原创 and WalkMe, including 麻豆原创鈥檚 and WalkMe鈥檚 most recent Annual Reports on Form 20-F and in any subsequent reports on Form 6-K, each of which is on file with or furnished to the SEC and available at the SEC鈥檚 website at聽. Reports filed or furnished with the SEC by 麻豆原创 are also available on 麻豆原创鈥檚 website at and by WalkMe on WalkMe鈥檚 website at . Moreover, other risks and uncertainties of which 麻豆原创 or WalkMe are not currently aware or may not currently consider material may also affect each of the companies鈥� forward-looking statements and may cause actual results and the timing of events to differ materially from those anticipated. The forward-looking statements made in this press release are made only as of the date hereof or as of the dates indicated in the forward-looking statements, even if they are subsequently made available by 麻豆原创 or WalkMe on their respective websites or otherwise. Neither 麻豆原创 nor WalkMe undertakes any obligation to update or supplement any forward-looking statements to reflect actual results, new information, future events, changes in its expectations or other circumstances that exist after the date as of which the forward-looking statements were made.

漏 2024 麻豆原创 SE. All rights reserved.
麻豆原创 and other 麻豆原创 products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of 麻豆原创 SE and affiliated entities in Germany and other countries. Please see for additional trademark information and notices.

Please consider our . If you receive this press release in your e-mail and you wish to unsubscribe to our mailing list please contact press@sap.com and write Unsubscribe in the subject line.鈥�

The new policy is to pay a dividend amounting to at least 40% of the 麻豆原创 Group鈥檚 non-IFRS profit after tax from continuing operations (previously: at least 40% of the group鈥檚 IFRS profit after tax).

This change is intended to reduce volatility in the dividend payout ratio and ensure close alignment between dividend payout and financial performance.

Visit the . Follow 麻豆原创 at .

Investor Relations Contacts:
Anthony Coletta +49 (6227) 7-60437, investor@sap.com, CEST

Media Contacts:
Joellen Perry, +1 (626) 265-0370, joellen.perry@sap.com, PT
Daniel Reinhardt, 麻豆原创, +49 6227-7-40201, 聽daniel.reinhardt@sap.com, CEST
麻豆原创 麻豆原创 Room;听press@sap.com

This document contains forward-looking statements, which are predictions, projections, or other statements about future events. These statements are based on current expectations, forecasts, and assumptions that are subject to risks and uncertainties that could cause actual results and outcomes to materially differ.  Additional information regarding these risks and uncertainties may be found in our filings with the Securities and Exchange Commission, including but not limited to the risk factors section of 麻豆原创鈥檚 2023 Annual Report on Form 20-F.
漏 2024 麻豆原创 SE. All rights reserved.
麻豆原创 and other 麻豆原创 products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of 麻豆原创 SE in Germany and other countries. Please see for additional trademark information and notices.

With over a decade of experience in the finance industry, Steiger has held roles at renowned institutions such as Goldman Sachs and UBS. She currently serves as executive director within Global Investment Research at Goldman Sachs, focusing on the U.S. Internet sector, including companies such as Alphabet, Meta and Amazon.

“I am very happy Alexandra is joining 麻豆原创,鈥� said Asam. 鈥淲e will benefit from her leadership and the wealth of expertise she brings from her previous responsibilities. In her new role, she can build on the strong foundation laid by Anthony Coletta and the entire Investor Relations team.鈥�

Prior to her assignment at Goldman Sachs, Steiger was an executive director within UBS Equity Research, covering select U.S. Internet and Interactive Entertainment companies. She received a bachelor鈥檚 degree in International Business Administration from the University of Maastricht and a master鈥檚 degree in International Management CEMS from the Erasmus University Rotterdam and University of St. Gallen.

Visit the . Follow 麻豆原创 at .

Media Contacts:
Joellen Perry, +1 (626) 265-0370, joellen.perry@sap.com, PT
Daniel Reinhardt, 麻豆原创, +49 6227-7-40201, daniel.reinhardt@sap.com, CET
麻豆原创 麻豆原创 Room;听press@sap.com

Top image courtesy of 麻豆原创 employee Laurentia-Iulia Pavel

This document contains forward-looking statements, which are predictions, projections, or other statements about future events. These statements are based on current expectations, forecasts, and assumptions that are subject to risks and uncertainties that could cause actual results and outcomes to materially differ.  Additional information regarding these risks and uncertainties may be found in our filings with the Securities and Exchange Commission, including but not limited to the risk factors section of 麻豆原创鈥檚 2023 Annual Report on Form 20-F.
漏 2024 麻豆原创 SE. All rights reserved.
麻豆原创 and other 麻豆原创 products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of 麻豆原创 SE in Germany and other countries. Please see  for additional trademark information and notices.

鈥淚 am happy to pass the baton to Pekka Ala Pietil盲 to accompany 麻豆原创鈥檚 ongoing successful transformation,鈥� said Plattner. 鈥淧ekka profoundly understands 麻豆原创 and the technology industry and will strongly support the company in expanding its leadership in cloud ERP and business AI.鈥�

Ala-Pietil盲 added, 鈥淚 am grateful to the 麻豆原创 shareholders and Supervisory Board for the opportunity to rejoin Europe鈥檚 most important software company and I鈥檓 looking forward to help 麻豆原创 broaden this strong position.鈥�

As announced in 2023, 麻豆原创 Co-Founder and former Chairman of the Board Hasso Plattner left the 麻豆原创 Supervisory Board after the 2024 AGM.

During Plattner鈥檚 tenure as Chairman of the Supervisory Board (May 2003 to May 2024), 麻豆原创鈥檚 market capitalization increased from c. 鈧�30 billion to c. 鈧�200 billion, making 麻豆原创 Germany鈥檚 most valuable listed company. Plattner鈥檚 innovative and competitive spirit has been a foundation of 麻豆原创鈥檚 success for more than 50 years, from the company鈥檚 first pioneering innovations in ERP to its strategic shift as an enterprise cloud and business AI leader. He will continue to serve as an advisor to 麻豆原创, ensuring his knowledge and experience remain available to the company.

Aicha Evans (55), Gerhard Oswald (70) and Dr. Friederik Rotsch (51) were re-elected as members of the Supervisory Board with 93.39%, 89.82% and 92.45% of the vote respectively. Prof. Dr. Ralf Herbrich (50) was elected with 99.29% of the vote as successor to Punit Renjen, who left the 麻豆原创 Supervisory Board at the end of the 2024 AGM.

The AGM also supported all other proposals of the Executive Board and Supervisory Board. That included approving the actions of the Executive Board and Supervisory Board for fiscal 2023, 99.51% and 99.44% support respectively, and approving the adaptation of the compensation of the Chairman of the Supervisory Board. An overview of the resolutions of the Annual General Meetings 2024 and of previous years can be found .

For 2023, 麻豆原创 shareholders will receive a dividend of 鈧�2.20 per share. This is an increase of 鈧�0.15, or seven percent compared to the dividend paid for 2022. The total payout to shareholders will thus amount to around 鈧�2.6 billion. The dividend is expected to be paid out from May 21, 2024.

Visit the 麻豆原创 News Center. Follow 麻豆原创 at .

About 麻豆原创

As鈥痑 global leader in enterprise applications and business AI, 麻豆原创 (NYSE: 麻豆原创)鈥痵tands at the鈥痭exus鈥痮f business and technology. For over 50 years, organizations have trusted 麻豆原创鈥痶o bring out their best by uniting business-critical鈥痮perations spanning finance, procurement, HR, supply chain, and customer experience. For more information, visit

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麻豆原创 麻豆原创 Room;听press@sap.com

This document contains forward-looking statements, which are predictions, projections, or other statements about future events. These statements are based on current expectations, forecasts, and assumptions that are subject to risks and uncertainties that could cause actual results and outcomes to materially differ. Additional information regarding these risks and uncertainties may be found in our filings with the Securities and Exchange Commission, including but not limited to the risk factors section of 麻豆原创鈥檚 2023 Annual Report on Form 20-F.
漏 2024 麻豆原创 SE. All rights reserved.
麻豆原创 and other 麻豆原创 products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of 麻豆原创 SE in Germany and other countries. Please see for additional trademark information and notices.