Foreign Private Issuer compensation summary
SAP SE reports as a Foreign Private Issuer. Instead of a standard executive pay table, the annual report provides narrative disclosure of executive compensation. Key excerpts are summarized below.
Compensation Report
Fiscal year 2024
- SAP SE is a German European Company (Societas Europaea) with two-tier board system: Executive Board and Supervisory Board
- Detailed individual compensation disclosure for Executive Board members (pages 65-87) and Supervisory Board members (pages 94-97)
- Compensation structure includes: Base Salary, Short-Term Incentive (STI), Long-Term Incentive (LTI 2020/2024 plans), and Benefits
- LTI plans include: Retention Share Units (RSUs), Market Performance Share Units, and Long-Term Incentive 2024 Plan
- Share-based payment arrangements cover equity-settled RSUs with 6-month vesting and performance-based units
- End-of-service benefits disclosed including pension and retirement arrangements
- Variable compensation tied to operating profit (non-IFRS), operating margin (non-IFRS), and Current Cloud Backlog (CCB)
0Board Practices
Fiscal year 2024
- Two-tier board system with Executive Board (management) and Supervisory Board (oversight)
- Executive Board manages day-to-day operations; Supervisory Board appoints and supervises Executive Board
- Audit Committee, People and Organization Committee, and other committees in place
- German Corporate Governance Code compliance disclosed
0Share Ownership
Fiscal year 2024
- Share ownership of directors and executive officers disclosed in Item 7 Major Shareholders section
- Beneficial ownership tables provided for Executive Board and Supervisory Board members
- Share-based compensation plans include RSUs, PSUs, and long-term incentive programs
0Employees
Fiscal year 2024
- Headcount and personnel expense information disclosed
- Employee Engagement Index used as key non-financial performance measure
- Women in Executive Roles (WiER) metric tracked for diversity
- Share-based compensation plans available to employees
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