SAP SE (NYSE

AP ) Q1 2025 Earnings Conference Call April 22, 2025 5:00 PM ET Company Participants Alexandra Steiger - Investor Relations Christian Klein - Chief Executive Officer Dominik Asam - Chief Financial Officer Conference Call Participants Michael Briest - UBS Ben Castillo - BNP Paribas Toby Ogg - JPMorgan Charlie Brennan - Jefferies Mohammed Moawalla - Goldman Sachs Adam Wood - Morgan Stanley Jackson Ader - KeyBanc Capital Markets Frederic Boulan - Bank of America Mark Moerdler - Bernstein Research Sven Merkt - Barclays Keith Bachman - BMO Alexandra Steiger Good evening, everyone, and welcome. Thank you for joining us.