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… euro as of 31 December 2022. In addition to the dividends from our core investments Volkswagen and Porsche… … on sport and luxury segment and diversification of dividend inflow Source: Dr. Ing. h.c. F. Porsche AG,… … the exception of No. 4.2.3. (4) and (5) (severance payment cap), and that the recommendation of the code… … before. The growth is primarily attributable to a dividend surplus of 80 million euro and a value realization… … of 31 March 2014. This figure does not include the dividend for the fiscal year 2013 received from Volkswagen… … 31 December 2025. I would now like to turn to the dividend proposal that we will be submitting to our annual… … our portfolio a company with a strong growth and dividend profile that is uniquely positioned in the sport… … 11 of 20 Mainly as a result of the Volkswagen AG dividend for the fiscal year 2014 received in the fiscal… … the Hans Dieter Pötsch ∙ 27 June 2019 Page 7 of 16 dividend of Volkswagen AG. The company’s declared objective… … of 3.43bn euro. On the basis of Volkswagen’s current dividend proposal of 4.80 euro per ordinary share, we can…