Stuttgart, 30 April 2013. At today's annual general meeting of Porsche Automobil Holding SE, Stuttgart (Porsche SE) in Leipzig, the members of the supervisory board representing the shareholders are standing for reelection. The individuals involved are: Dr. Wolfgang Porsche, Prof. Dr. Ulrich Lehner, Prof. Dr. Ferdinand K. Piëch, Dr. Hans Michel Piëch, Dr. Ferdinand Oliver Porsche, and His Excellency Sheikh Jassim Bin Abdulaziz Bin Jassim Al-Thani.
At the election of the members of the supervisory board representing the employees, which was conducted at an earlier meeting, the following employees were elected with effect as of the end of the general meeting of 30 April 2013: Uwe Hück, Hansjörg Schmierer, Berthold Huber, Peter Mosch, Bernd Osterloh and Werner Weresch. The supervisory board will determine its chairman at a constituent meeting directly after the annual general meeting.
The annual general meeting is also deciding on the proposed dividend of 2.010 euro per preference share and of 2.004 euro per ordinary share.
In his speech, CEO Prof. Dr. Martin Winterkorn said: "Porsche SE has developed into a financially strong holding company and is today in an excellent position." He stated that not only Porsche SE but also Volkswagen AG and Porsche AG had emerged stronger from the creation of the integrated automotive group in August 2012. "We have succeeded in discharging Porsche SE from debt, without touching the core investment, the 50.7 percent of the ordinary shares in Volkswagen AG," explained Winterkorn. The executive board sees vast potential for adding value in the coming years. Porsche SE expects a profit in the low-single-digit billion euro range for the fiscal year 2013.
