FAQs
            

Shares / dividends

Annual Shareholders' Meeting

1. When and where will the next Annual Shareholders’ Meeting take place?
   The date for Software AG’s next Annual Shareholders’ Meeting 2024 is still open. It will take place in the darmstadtium (conference center) in Darmstadt, Germany, either physical or virtual. For more information on this topic, please click here.


2. Can all shareholders participate in the Annual Shareholders’ Meeting?
   According to corporate law, the Annual Shareholders’ Meeting is a joint-share company’s highest institution. All of a company’s shareholders, who are registered in the stock register, are entitled to participate in the Annual Shareholders’ Meeting, provided that they they register on time.


3. How can shareholders register for the Annual Shareholders’ Meeting?
   Software AG will send the letter of invitation for the Annual Shareholders’ Meeting directly to the shareholders registered in its stock register. A registration sheet which shareholders can use to register with the company will be enclosed in the letter of invitation.


4. What should shareholders do if they register on time for the Annual Shareholders’ Meeting but do not receive an admission ticket?
   Shareholders who have registered on time but do not receive their ticket (because it may have gotten lost in the mail, for example) can nevertheless attend the general meeting. All registered shareholders are included in the registration list, which is checked on site at the general meeting. A replacement ticket is then issued, entitling the shareholder to participate in the meeting.


5. Is it permissible to leave the Annual Shareholders’ Meeting for a short time and return later?
   In principle, yes. But all shareholders and shareholder representatives are asked not to leave the area where the meeting is being held during voting.


6. Is the venue handicapped-accessible?
   The conference center in Darmstadt is well equipped to serve individuals with handicaps.


7. Can shareholders also transfer their voting rights during the Annual Shareholders’ Meeting?
   The right to vote can be exercised by an agent, for example a credit institution or an association of shareholders. In addition we offer to our shareholders the option of being represented during voting by voting rights representatives appointed by the company. In this case the following applies: The voting rights representatives are obligated to exercise the right to vote only in accordance with expressly given instructions. Shareholders who want to grant a proxy to the voting rights representatives appointed by the company can request an admission ticket which includes the documents for granting the proxy and issuing instructions. The shareholder must grant the proxy in writing by submitting the filled-out authorization form and providing blanket instructions or instructions on the individual items on the agenda.


8. Will the Annual Shareholders’ Meeting be broadcast on the Internet?
   Our articles of association allow this to be done for the entire meeting. So far, only the speeches of the CEO, the Chairman of the Supervisory Board, and the CFO have been broadcast live on the Internet.


9. How do you file a counter motion?
   According to §126 "AktG" (Germany’s Joint Stock Corporation Act), Shareholders can file a counter motion against a proposal of the board or the supervisory board for a certain item on the agenda. Such a counter motion must be sent to a company address that is provided with the invitation to the general meeting at the latest two weeks before the day of the Annual Shareholders’ Meeting.


10. Is there a complete set of minutes or a video or audio recording of the Annual Shareholders’ Meeting for shareholders?
    There is no complete set of minutes or video or audio recording of the Annual Shareholders’ Meeting's proceedings available.


11. Where can I find further information on the results of the voting at past Annual Shareholders’ Meetings?
    You can find further information here.

The Company

1. When was Software AG founded?
   Software AG was founded in Darmstadt, Germany, in 1969 by six young employees of consulting firm AIV (Institute of Applied Information Processing). One of the founders was Peter Schnell, who was later the longtime CEO and founder of Software AG foundation.


2. In what areas is Software AG active?
   The digital transformation is changing enterprise IT landscapes from inflexible application silos to modern software platform-driven IT architectures which deliver the openness, speed and agility needed to enable the digital real-time enterprise. Software AG offers the first end-to-end Digital Business Platform, based on open standards, with integration, process management, in-memory data, adaptive application development, real-time analytics and enterprise architecture management as core building blocks. The modular platform allows users to develop the next generation of application systems to build their digital future, today. With over 50 years of customer-centric innovation, Software AG is ranked as a leader in many innovative and digital technology categories.


3. What does "AG" in Software AG stand for?

   "AG" stands for "Aktiengesellschaft" which means public limited company (plc.) and means that we are listed at the stock exchange.

4. Where can I find more information about Software AG’s board?

   You can find more information about the board here.

5. How many employees does Software AG have?

   As of December 31, 2022, Software AG employs 5.107 people worldwide.

6. Where can I find the key figures of Software AG Group?

   The key figures of the balance sheet, profit and loss statement, cash flow statement and key figures regarding the business segments can be found in our Result Center and in our Annual Report.

7. Where is Software AG headquartered?

   Software AG’s company headquarters are located in Darmstadt, Germany.

8. Does Software AG’s fiscal year correspond to the calendar year?

   Yes, Software AG’s fiscal year corresponds to the calendar year.

9. Which accounting regulations does Software AG use to prepare its balance sheets?

   Software AG uses the International Financial Reporting Standards (IFRS).

10. When will Software AG publish the next quarterly numbers?

    More information on upcoming events can be taken from our financial calendar.

11. Where can I find the latest financial news from Software AG?

    You can find the latest financial news from Software AG here.

12. Where can I find financial statements and presentations from Software AG?

    You can find Software AG’s financial statements and presentations here.

Corporate Governance

1. What does the Corporate Governance Code include?
   The government commission assembled by the Federal Minister of Justice in September 2001 adopted the German Corporate Governance Code on February 26, 2002. This code is intended to make Germany’s corporate management and governance rules transparent for both domestic and international investors, thus strengthening trust in the management of German companies.


2. How is the subject of corporate governance being handled at Software AG?
   Software AG places great value on good and responsible corporate management and, accordingly, it supports the German Corporate Governance Code. You can read the latest joint compliance statement from the board and the supervisory board here.


3. How is Software AG’s Management Board remunerated?
   Total remuneration for individual board members consists in a range of components (fixed sums, bonuses, long-term and other remuneration components). Approximately 2/3 of the remuneration is a performance-based variable that is primarily linked to the achievement of Software AG's revenue and profit objectives. You will find more information on board remuneration here.


4. How is Software AG’s Supervisory Board remunerated?
   The Supervisory Board's remuneration is set in the Annual Shareholders' Meeting, and is based on the duties and responsibilities of the individual members of the supervisory board as well as on the company's financial success. You will find more information on Supervisory Board remuneration here.