SAP SE

Board/Management Information • Mar 13, 2003

News Details

Ad-hoc | 13 March 2003 19:24

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SAP Co-Founder Hasso Plattner to Step Up to Supervisory Board Ad-hoc-announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. ——————————————————————————– SAP Co-Founder Hasso Plattner to Step Up to Supervisory Board Henning Kagermann Assumes Sole CEO Role Walldorf, Germany-March 13, 2003-SAP AG (NYSE:SAP) announced that the SAP Supervisory Board moved in todays meeting to propose at the Annual General Meeting on May 9, 2003 the election of Hasso Plattner to the Supervisory Board as a representative of shareholders. Co-Founders Dietmar Hopp and Hasso Plattner have agreed on a change – after five years – in the chairmanship of SAPs Supervisory Board to take effect in May 2003. Accordingly, Hasso Plattner will step down as a member of the Executive Board with effect from the end of the Annual General Meeting on May 9, 2003. In the event of Hasso Plattners election to the Supervisory Board, Dietmar Hopp will then propose that Hasso Plattner be elected as Chairman of the Supervisory Board at its meeting immediately following the Annual General Meeting. The current Co-CEO Henning Kagermann will then continue as the sole CEO. end of ad-hoc-announcement (c)DGAP 13.03.2003 ——————————————————————————– WKN: 716460; ISIN: DE0007164600; Index: DAX Listed: Amtlicher Markt in Berlin, Frankfurt (Prime Standard), Stuttgart; Freiverkehr in Bremen, Düsseldorf, Hamburg, Hannover, München; EUREX; Swiss Exchange; London; NYSE 131924 Mär 03