SNP SCHNEIDER-NEUREITHER & PARTNER AG (FRA:SHF) Annual General Meeting of SNP SE elects new Board of Directors - Claus E. Heinrich takes over as Chairman

Directive transparence : information réglementée

17/06/2021 19:26

DGAP-News: SNP Schneider-Neureither & Partner SE / Key word(s): Personnel
Annual General Meeting of SNP SE elects new Board of Directors - Claus E. Heinrich takes over as Chairman

17.06.2021 / 19:26
The issuer is solely responsible for the content of this announcement.

Corporate News

Annual General Meeting of SNP SE elects new Board of Directors - Claus E. Heinrich takes over as Chairman

Heidelberg, June 17, 2021 - SNP Schneider-Neureither & Partner SE, (ISIN: DE0007203705), a leading global provider of solutions for digital transformation processes and software-based data migrations, has a new Board of Directors: the Annual General Meeting, which was again only held virtually this year, elected all five candidates to their new positions with a very large majority. Immediately after the shareholders' meeting, the Board of Directors appointed Prof. Dr. Claus E. Heinrich as its new Chairman at its constituent meeting. The Heidelberg entrepreneur and long-serving member of the SAP Executive Board declares on behalf of the new Board of Directors: "We would like to thank all shareholders for the trust they have expressed in us with their election. SNP has developed rapidly in recent years and its software is on its way to becoming the standard for complex digital transformation processes. Together, we now want to successfully lead the company into the next growth phase."

Audit Committee
At its first meeting, the Board of Directors also established an Audit Committee. One of the focal points of its activities is the monitoring and auditing of the Company's financial reporting. In addition, it will deal with, among other things, the effectiveness of the internal control system, the risk management system and the audit of the financial statements. The Audit Committee consists of Prof. Dr. Christoph Hütten, Sebastian Reppegather and Richard Roy; Prof. Dr. Christoph Hütten has chaired the committee as an independent member.

In total, around 65% of the capital stock was represented at this year's Annual General Meeting. In addition to the election of the Board of Directors, the actions of the Executive Directors and the outgoing Board of Directors were approved as well by a very large majority. Furthermore, the AGM approved the modified compensation systems for the Executive Directors and the Board of Directors as well as the creation of conditional capital. The creation of a new authorized capital was the only item on the agenda which did not to receive the required majority.

The detailed voting results for the individual items on the agenda of the Annual General Meeting are published at https://www.snpgroup.com/de/hauptversammlung.

About SNP

SNP is a world-leading provider of software for managing complex digital transformation processes. Instead of traditional IT consulting in the ERP environment, SNP offers an automated approach using specially developed software: The Data Transformation Platform CrystalBridge(R) and the SNP BLUEFIELDTM approach allow companies to restructure and modernize their IT landscapes much more quickly and securely as well as migrate to new systems or cloud environments more securely. This gives customers clear qualitative advantages while at the same time reducing their time and costs.

The SNP Group has around 1,600 employees worldwide. The company is headquartered in Heidelberg, Germany, and generated revenues of around EUR 144 million in the 2020 fiscal year. It serves multinational companies in all industries. SNP was established in 1994, went public in 2000, and has been listed in the Prime Standard segment of the Frankfurt Stock Exchange since August 2014 (ISIN DE0007203705). Since 2017, the company has been trading as a European company (Societas Europaea/SE).

More information is available at www.snpgroup.com

Contact SNP:
Nicole Huber
Executive Vice President Corporate Development
T +49 6221 6425-920
E nicole.huber@snpgroup.com

Christoph Marx
Global Head of lnvestor Relations
T +49 6221 6425-172
E christoph.marx@snpgroup.com

17.06.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language: English
Company: SNP Schneider-Neureither & Partner SE
Speyerer Str. 4
69115 Heidelberg
Phone: +49 6221 6425 637, +49 6221 6425 172
Fax: +49 6221 6425 20
E-mail: investor.relations@snpgroup.com
Internet: www.snpgroup.com
ISIN: DE0007203705
WKN: 720370
Listed: Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1209396

End of News DGAP News Service

1209396  17.06.2021