remuneration

The weak economic situation is not reflected in remuneration paid to top management for 2024. Very few CEOs have had to tighten their belts – and the 10 million euro level is being exceeded more frequently.

The maximum remuneration for Deutsche Telekom CEO Tim Höttges, which the Supervisory Board has raised to 14 million euros, has been criticised by shareholders. Union Investment voted against the remuneration scheme.

Leading German companies are substantially boosting compensation for the Chairs of their supervisory boards, bringing pay more in line with global competitors.

The search for a successor to resigning Supervisory Board Chairman Hasso Plattner has proven to be tougher than expected for SAP. The Group wants to clear at least some financial hurdles. The position is to be remunerated significantly better in future.

Only once a year, on Equal Pay Day, does the pay gap between women and men become an issue.

SAP's good performance in the past year has not only pleased shareholders. The Executive Board members are also paid more than in the previous year.