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Software AG GB 2012, englisch

62 SOFTWARE AG | ANNUAL REPORT 2012 Two meetings took place on May 4, 2012, the day of the Annual Shareholders’ Meeting. In the first meeting prior to the Annual Shareholders’ Meeting, business development in the first quarter, particularly the business situation and growth-generating measures in the USA was the topic at hand. After the Annual Shareholders’ Meeting another meeting took place that dealt with future talent recruitment and talent/career management for Software AG employees. The next meeting took place on July 25, 2012. The focus of the meeting was the presentation of the Management Board’s strategic ideas relating to Software AG’s positioning, product portfolio and regional development (EMEA and U.S.). Furthermore, the Supervisory Board discussed the introduction of the new Strategic Management System at this meeting. On August 27, 2012 the Supervisory Board approved the renewal of Dr. Wolfram Jost’s appoint- ment to the Management Board for a new five-year term (from August 1, 2013 until July 31, 2018). This decision was made by way of circulation procedure and had been thoroughly prepared in the meeting on July 25, 2012. In its meeting on October 26, 2012 the Supervisory Board held an intensive discussion on the future strategic focus of Software AG and the resulting impact on the organization. The Super- visory Board dealt primarily with the Global Consulting Services division, the current, short and medium-term planned R&D projects and measures necessary for speeding up regional growth. The Supervisory Board also discussed in depth the required incentive programs for members of the Management Board and employees in key positions. Following further considerations on adjusting the incentive programs for members of the Man- agement Board and employees in key positions within the Committee for Compensation and Succession Issues, the Supervisory Board decided to amend the designated incentive programs by way of circulation procedure. At the last meeting of the year on December 14, 2012 the Supervisory Board approved the 2013 budget and was informed of the status of the implementation of staff development programs by the Human Resources department. The Supervisory Board also approved the appointment of Karl-Heinz Streibich to the supervisory board of Deutsche Messe AG, Hannover. 62

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