Responsibility Report of the Supervisory Board 
Hasso Plattner,
Chairperson of the Supervisory Board
In-depth and cooperative dialog with the Executive Board enables the Supervisory Board to efficiently organize and perform its duties. That is why this report starts by explaining the ongoing partnership between the two Boards. The report also focuses on the main topics discussed by the Supervisory Board, the work of its committees, implementation of SAP’s Principles of Corporate Governance, and the audit of the SAP AG and consolidated financial statements. Due to new legal requirements, various details in the reviews of SAP AG and SAP Group operations are explained for the first time.
The Supervisory Board discharged the duties imposed on it by the law and by the Company’s Articles of Incorporation. It was regularly consulted by the Executive Board on the running of the Company and it scrutinized and monitored the work of the management. In particular, it examined SAP’s risk management and found that it fully meets the applicable requirements. The Executive and Supervisory Boards agreed on the Company’s strategic orientation and regularly discussed its progress in implementing the strategy. The Supervisory Board was involved whenever decisions were made about matters that were of fundamental importance for SAP.
The Supervisory Board regularly received full and timely reports from the Executive Board, both from members in person and in written documents. They chiefly concerned planning, the Company’s progress in business including the risk situation, risk management, and items of special significance for SAP. The Executive Board also indicated when the course of business deviated from the plans and targets and explained these deviations.
The content and scope of the Executive Board’s reports met the requirements that the Supervisory Board had placed on them. Besides these reports, the Supervisory Board received supplementary information from the Executive Board. In particular, the Executive Board was available at Supervisory Board meetings for discussions and to answer the Supervisory Board’s questions. Transactions requiring the Supervisory Board’s consent were dealt with and examined thoroughly in cooperation with the Executive Board, focusing particularly on the benefits and effects of these transactions. The Supervisory Board agreed to all transactions where its consent was required.
The chairperson of the Supervisory Board was also kept fully informed between meetings of the Supervisory Board and its committees. For example, the CEO and the chairperson of the Supervisory Board met regularly to discuss SAP’s strategy, current progress in business, and risk management, as well as other key topics and decisions that arose. The CEO informed the Supervisory Board chairperson without delay of important events that were significant in the assessment of SAP’s situation and progress or for the management of the Company.
As it does every year, the Supervisory Board discussed
Executive Board compensation at the Compensation
Committee’s suggestion.
II. THE WORK OF THE SUPERVISORY BOARD COMMITTEES
IV. INFORMATION RELEVANT TO TAKEOVERS IN THE REVIEWS OF SAP AG AND SAP GROUP OPERATIONS
V. SHAREHOLDERS’ LEGAL PROCEEDINGS AGAINST AGM RESOLUTIONS
VI. FINANCIAL STATEMENTS AND REVIEW OF OPERATIONS