OREANDA-NEWS. May 13, 2016. The Annual General Meeting of Shareholders of SAP SE today approved all management proposals for the agenda items. The shareholders approved the actions by the Executive and Supervisory Boards for the 2015 fiscal year. They also approved management’s proposed dividend. Under this proposal, SAP shareholders will receive a dividend of € 1.15 per share for the 2015 fiscal year (€ 1.10 for fiscal 2014). Total dividend distribution to shareholders will amount to around € 1.4 billion for fiscal year 2014. The dividend is slated for payment on or after May 13, 2016.

Prof. Dr. Gesche Joost was elected as shareholders’ representative of the Supervisory Board. Joost had been appointed Supervisory Board Member by the Local Court of Mannheim on May 28, 2015 until this year’s Annual General Meeting, replacing Dr. Hartmut Mehdorn who had resigned from office in May 2015.

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