SAP Announces Additional Candidate for Shareholder Representative Elections

Rhea-AI Summary

SAP has nominated Jennifer Xin-Zhe Li as an additional candidate for election at the Annual General Meeting (AGM) on May 18, 2022. This appointment fills a vacancy due to the upcoming retirement of Bernard Liautaud. Li, a seasoned executive with strong financial expertise, has held leadership positions in companies like Baidu and General Motors and possesses supervisory experience in Europe, China, and the U.S. For more details about Li and other candidates, visit www.sap.com/agm.

Positive

• Appointment of Jennifer Xin-Zhe Li adds experienced leadership to SAP's Supervisory Board.
• Li's background includes senior roles at Baidu and General Motors, potentially enhancing SAP's strategic direction.

Negative

• None.

WALLDORF, Germany, March 15, 2022 /PRNewswire/ -- The Supervisory Board has nominated an additional candidate to stand for election at the Annual General Meeting of Shareholders (AGM) on May 18, 2022. This by-election fills the seat that will become available after the AGM 2022 due to the retirement of Bernard Liautaud.

The candidate is Jennifer Xin-Zhe Li (54), Beijing, China, general partner and founding partner, Changcheng Investment Partners, Beijing, China. Ms. Li is a seasoned global executive with a strong background in finance, having held various leadership roles in renowned companies such as Baidu and General Motors. Further she has strong supervisory expertise from former and current mandates in multinational corporations in Europe, China, and the United States.

For a profile of Ms. Li, as well as the other candidates standing for election at the 2022 AGM, see www.sap.com/agm.

Visit the SAP News Center. Follow SAP on Twitter at @SAPNews.

About SAP
SAP's strategy is to help every business run as an intelligent, sustainable enterprise. As a market leader in enterprise application software, we help companies of all sizes and in all industries run at their best: SAP customers generate 87% of total global commerce. 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 business and public customers across 25 industries globally 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.  

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 SAP's 2021 Annual Report on Form 20-F."

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SOURCE SAP SE

FAQ

Who is the new candidate nominated for the SAP Supervisory Board in 2022?

The new candidate nominated is Jennifer Xin-Zhe Li.

When is SAP's Annual General Meeting scheduled for 2022?

SAP's Annual General Meeting is scheduled for May 18, 2022.

What is Jennifer Xin-Zhe Li's experience?

Jennifer Xin-Zhe Li has leadership experience in major companies such as Baidu and General Motors.

Why is there a vacancy on the SAP Supervisory Board?

The vacancy is due to the retirement of Bernard Liautaud.

Where can I find more information about SAP's AGM candidates?

More information about the AGM candidates can be found at www.sap.com/agm.