FAQ

Porsche’s extraordinary general meeting on 26 June 2007 marked the starting point for Porsche Automobil Holding SE. Shareholders of Dr. Ing. h.c. F. Porsche AG voted unanimously in favor of the operating activities of the company being spun off into a wholly owned subsidiary in accordance with the provisions of the German Transformation Act, of adopting a domination and profit transfer agreement between the holding company and the operating subsidiary, and also of transforming the holding company into a European Company, a Societas Europaea (SE). The name “Porsche Automobil Holding” was also unanimously approved. The company’s registered office is in Stuttgart.

The decision to transform the company into an SE was driven by the fact that this is a modern form of company with an international focus, which provides the prerequisites for the ongoing development of the Porsche Group. The supra-national legal status of an SE not only promotes the creation of an open and international corporate culture, but also offers the opportunity to retain a supervisory board with twelve members, which thus far has proven to be an ideal number.

The SE was entered in the trade register on 13 November 2007. This required submission of a closing balance sheet of Dr. Ing. h.c. F. Porsche AG as of 31 July 2007, which was ratified by the supervisory board the day before registration. From a legal point of view, Porsche Automobil Holding SE and the former Dr. Ing. h.c. F. Porsche AG are one and the same legal entity. This means the change in corporate form to become an SE entailed no transfer of assets and liabilities. Nevertheless, the company received a new registration number with the Stuttgart district court when it became a SE. All shareholders of the former Dr. Ing. h.c. F. Porsche AG became shareholders in Porsche Automobil Holding SE after the change in corporate form. 

The business purpose of the company comprises the management of companies and the administration of investments in companies active in the following business fields or parts thereof:

• The development, design, manufacture and distribution of vehicles, engines of all kinds and other technical or chemical products as well as of parts and assemblies thereof;
• The provision of advice in the area of development and production, especially in the area of vehicle and engine construction;
• The provision of advice on and development of data processing as well as the creation and distribution of data processing products;
• The marketing of products using trademark rights;
• The provision of financial and mobility services;
• The exploitation, procurement, processing and distribution of raw materials used in the automobile industry;
• The generation and procurement of energy, especially of renewable energies, as well as the trading of energy;
• The acquisition, holding and administration as well as the disposal of real estate.

The purpose of the company includes in particular the acquisition, holding and administration as well as the sale of investments in such companies, their combination under uniform control and the provision of support and advice to them, including the provision of services on behalf of such companies. 

The company’s registered office is in Stuttgart. The address reads as follows:

Porsche Automobil Holding SE
Porscheplatz 1
70435 Stuttgart 

As of February 2021

As of 31 December 2022, the Porsche SE Group had 38 employees. 

All relevant information and much more can be found on our website at: www.porsche-se.com. You are also welcome to contact us directly at http://www.porsche-se.com/en/contact/contact-form/.

You can find the financial calendar on our website at: http://www.porsche-se.com/en/investor-relations/financial-calendar/.

You can download the annual report, the half-yearly financial report or group quarterly statement using the following link https://www.porsche-se.com/en/investor-relations/financial-publications.

Porsche SE intends to consequently reduce debt in the coming years. Annual repayments of a mid three-digit million euro amount are planned.

The stock exchange of Porsche Automobil Holding SE are all German stock exchanges. 

The shares of Porsche SE are no-par value bearer shares. 

Porsche SE’s subscribed capital in the form of no-par value bearer shares comprises 153,125,000 ordinary shares and 153,125,000 non-voting preference shares, each share arithmetically representing a €1 notional value of the share capital. 

Porsche SE’s last capital increase was in April 2011. The annual general meeting of Porsche SE on 30 November 2010 had resolved to increase Porsche SE’s share capital by up to €2,500,000,000 by issuing up to 1,250,000,000 new, no-par value bearer shares and up to 1,250,000,000 new, no-par value non-voting preference shares, each representing €1.00 of the capital stock in return for cash contributions with indirect subscription rights. 

Porsche SE performed the last share split in 2008 from 1 to 10. This share split involved exchanging one Porsche SE share for ten new Porsche SE shares.

Porsche AG had previously carried out a share split back in 2001 from 1 to 10. 

According to the information available, the ordinary shares are indirectly held exclusively by members of the Porsche and Piëch family. More than half of the preference shares are held by institutional investors – mainly outside Germany. Furthermore, preference shares are also held by private investors, most of whom are domiciled in Germany. 

The most important indices on which the Porsche SE preference shares are represented are:

DAX, General All Share, Dow Jones Automobile & Parts Titans 30 Index, MSCI Euro Index, STOXX Europe 600 Index, STOXX All Europe 800, EURO STOXX Auto & Parts 

Unfortunately, at Porsche SE it is not possible to order canceled share certificates. 

Ordinary shares in Porsche SE are owned exclusively by family members. 

For the fiscal year 2022, the board of management propose an unchanged dividend compared to the prior year of 2.560 euro per share to be distributed to the holders of preference shares and of 2.554 euro per share to the holders of ordinary shares.

The call date is the day of the annual general meeting. To be entitled to dividend you need to have a share at your custodian bank until close of the exchange on the call date.

According to the new legislation the dividend will be distributed directly to the shareholders‘ accounts kept at the custodian banks as of the third business day following the resolution of the annual general meeting.

The dividend is subject to withholding tax on capital income. 

You can find Porsche SE’s declaration of compliance with the German Corporate Governance Code at the following link www.porsche-se.com/en/company/corporate-governance/.

As a European stock corporation, a Societas Europaea (SE) is a legal form for companies in the EU.