Home / Companies / SAP SE / 15 May 2024
SAP SE: meeting of 15 May 2024
Votes reported on Form N-PX, item by item
445 Form N-PX filers reported votes at the SAP SE meeting of 15 May 2024. Their records fall into 8 items below, in ballot order: management items first, then proposals from security holders. Each bar shows how the reporting filers split; it is not the result of the meeting.
foragainstabstain, withhold or otheramber tick: the portion cast against management
Items
DIRECTOR ELECTIONSIssuer
Director elections
5 nominees; 95.4% of reported votes for; 8 filers withheld from or voted against at least one nominee.
896 vote records from 118 filers. 3 of the 92 filers that marked the item either way voted against management. 26 filers reported this item without a management mark.
SECTION 14A SAY-ON-PAY VOTESIssuer
Advisory vote on executive pay (say-on-pay)
421 vote records from 347 filers. 15 of the 59 filers that marked the item either way voted against management. 288 filers reported this item without a management mark.
AUDIT-RELATEDIssuer
Audit-related items (auditor ratification)
181 vote records from 119 filers. 3 of the 93 filers that marked the item either way voted against management. 26 filers reported this item without a management mark.
CAPITAL STRUCTUREIssuer
CAPITAL STRUCTURE: management items
Management items in this category are shown together; filers word and number them differently.
169 vote records from 109 filers. 1 of the 86 filers that marked the item either way voted against management. 23 filers reported this item without a management mark.
COMPENSATIONIssuer
COMPENSATION: management items
Management items in this category are shown together; filers word and number them differently.
330 vote records from 126 filers. 7 of the 99 filers that marked the item either way voted against management. 27 filers reported this item without a management mark.
CORPORATE GOVERNANCEIssuer
CORPORATE GOVERNANCE: management items
Management items in this category are shown together; filers word and number them differently.
559 vote records from 118 filers. 3 of the 92 filers that marked the item either way voted against management. 26 filers reported this item without a management mark.
OTHERIssuer
OTHER: management items
Management items in this category are shown together; filers word and number them differently.
22 vote records from 8 filers. 1 of the 5 filers that marked the item either way voted against management. 3 filers reported this item without a management mark.
Several categoriesSecurity holder
Shareholder proposals (not separable from the filings)
Filers described these proposals in wordings that could not be matched to one another, so they are shown together.
5 vote records from 1 filers. No filer marked a management recommendation, so no against-management figure is reported. 1 filer reported this item without a management mark.
How the largest families voted
| Family | 1. Directors | 2. Say-on-pay | 3. Auditor |
|---|---|---|---|
| Vanguard | For | For | For |
| Fidelity | For | No report | For |
| Dimensional | For | No report | For |
| State Street and SPDR | For | No report | For |
| American Century | For | No report | For |
| Franklin Templeton | For | No report | For |
| Invesco | For | No report | For |
| Charles Schwab | For | No report | For |
| ProShares and ProFunds | For | No report | For |
| Morgan Stanley, Eaton Vance and Calvert | For | No report | For |
| J.P. Morgan | No report | For | No report |
| Goldman Sachs | No report | Split or no vote | No report |
| PGIM and Prudential | For | No report | For |
| Northern Trust and FlexShares | No report | For | No report |
| SEI | For | No report | For |
| Thrivent | No report | For | No report |
| First Trust | For | No report | For |
| Russell Investments | For | No report | For |
| Nationwide | For | No report | For |
| Brighthouse Funds | For | For | For |
| Guggenheim and Rydex | For | No report | For |
| Columbia Threadneedle | For | No report | For |
| Principal | For | No report | For |
| Capital Group and American Funds | For | No report | For |
| Global X | For | No report | For |
| Transamerica | For | No report | For |
| Federated Hermes | For | No report | For |
| Hartford Funds | For | No report | For |
| MassMutual | No report | For | No report |
| Harbor Funds | For | For | For |
| Virtus | For | No report | For |
| Neuberger Berman | For | No report | For |
| Natixis and Loomis Sayles | For | For | For |
| Baird | No report | For | No report |
* against management. A family's position is the way most of its reported shares were voted across its filers; "split" means no single position led. "No report" means none of the family's filers listed the item.
Questions
How did large funds vote at the SAP SE meeting?
445 Form N-PX filers reported votes at the meeting of 15 May 2024. On say-on-pay, 15 of 59 voted against management (25.4%). The family table lists each of the largest families item by item.
Is this the meeting result?
No. These are the votes of funds and managers that file Form N-PX, counted by filer and by the shares they reported. The certified result, which includes every shareholder, is reported by SAP SE on Form 8-K.
Why are director elections shown as counts only?
Director records name the nominee. This site does not publish pages or rows about individuals, so for director elections it keeps the number of nominees and the split of votes and discards the wording.
Every meeting on file for SAP SE
Provenance: SEC EDGAR, Form N-PX and N-PX/A filings listing SAP SE with a meeting date within three days of 15 May 2024. Proposal titles are the most common wording among filers and are replaced by the SEC category where a wording could name a person. Not verified by the SEC. Filings read through 23 Sep 2026.