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1. Details of the person discharging managerial responsibilities / person closely associated

a) Name
Title: Prof. Dr. h.c. mult.
First name: Hasso
Last name(s): Plattner

2. Reason for the notification

a) Position / status
Position: Member of the administrative or supervisory body

b) Initial notification

3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a) Name

b) LEI

4. Details of the transaction(s)

a) Description of the financial instrument, type of instrument, identification code
Type: Share
ISIN: DE0007164600

b) Nature of the transaction
Share sale program: The notifying person entered into an agreement with a bank acting as commission agent on the disposal of SAP shares with an aggregate value of up to EUR 120,000,000. The disposal will take place during the period from 22 May 2017 until 30 April 2018, by monthly sales of SAP shares with a value of EUR 10,000,000. The bank may decide in its free discretion when the sales will take place within each month and whether sales are to be carried out on the stock exchange or over the counter. The bank shall, however, only sell a maximum volume of EUR 5,000,000 per calendar week. The target sale price is the volume-weighted XETRA average price of the SAP share on the relevant day of sale. The bank will not offer the SAP shares for sale unless a minimum price of EUR 70.00 per SAP share is achieved. The bank will not sell SAP shares during statutory closed periods applicable to the notifying person. If the monthly volume of EUR 10,000,000 cannot be sold due to the defined minimum price or due to a statutory closed period, the bank will postpone the sales to the month following the month concerned, but not after 30 April 2018. If the postponed sales cannot be carried out in the month following the month concerned, the right to sell the volume allocated to the month concerned and not yet sold will expire.

c) Price(s) and volume(s)
Price(s) Volume(s)
not numberable not numberable

d) Aggregated information
Price Aggregated volume
not numberable not numberable

e) Date of the transaction
2017-05-22; UTC+2

f) Place of the transaction
Outside a trading venue

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