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SAP SE (SAP) Shareholder/Analyst Call Transcript

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SAP SE (SAP) Shareholder/Analyst Call May 13, 2026 11:00 AM EDT

Company Participants

Alexandra Kasper Steiger – Global Head of Investor Relations
Christian Klein – CEO & Member of Executive Board
Muhammad Alam – Lead product engineering & Member of Executive Board
Thomas Saueressig – Member of Executive Board
Malin Persson
Gina Vargiu-Breuer – Chief People Officer, Labor Director & Member of Executive Board
Sebastian Steinhaeuser – Chief Strategy Officer & COO and Member of Executive Board
Dominik Asam – CFO & Member of Executive Board

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Conference Call Participants

Adam Wood – Morgan Stanley, Research Division
Toby Ogg – JPMorgan Chase & Co, Research Division
Jackson Ader – KeyBanc Capital Markets Inc., Research Division
Charles Brennan – Jefferies LLC, Research Division
Ben Castillo-Bernaus – BNP Paribas, Research Division
Johannes Schaller – Deutsche Bank AG, Research Division
Mohammed Moawalla – Goldman Sachs Group, Inc., Research Division
Michael Briest – UBS Investment Bank, Research Division
Frederic Boulan – BofA Securities, Research Division

Presentation

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Operator

Good morning. At this time, we would kindly ask that you please take your seats and silence all devices as our program is about to begin. Thank you. Please welcome to the stage SAP Global Head of Investor Relations, Alexandra Steiger.

Alexandra Kasper Steiger
Global Head of Investor Relations

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That was a little too fast. Good morning, everyone, and thank you for joining us at our annual financial conference. We hope you’re enjoying Sapphire so far and had a chance to walk the floor and explore all the exciting innovation here on display in Orlando. A warm welcome as well to those joining us virtually from around the world.

Today’s agenda offers a great chance to hear directly from our executive team, take a closer look at some of the key developments across our product portfolio and see how our technology and strategy are coming together here at SAP. As AI continues to

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