Stuttgart, 15 May 2018. At Tuesday’s annual general meeting of Porsche Automobil Holding SE (Porsche SE), Stuttgart, the shareholders approved the enlargement of the supervisory board from six to ten members by means of an amendment to the articles of association. As soon as the amendment to the articles of association has been entered in the commercial register, Mag. Josef Michael Ahorner, Dr. Stefan Piëch and Peter Daniell Porsche in addition to Dr. Günther Horvath and Mag. Marianne Heiß will join the supervisory board. Prof. Siegfried Wolf informed the Porsche SE supervisory board that he did not yet want to stand for election for the supervisory board at the annual general meeting. Mr. Hans-Peter Porsche retired from his position on the supervisory board effective as of the end of the annual general meeting.
The shareholders of Porsche SE approved the distribution of a dividend of 1.76 euro per preference share and 1.754 euro per ordinary share for the fiscal year 2017.
The shareholders exonerated the members of the executive board and those of the supervisory board holding office in the fiscal year 2017.