Remuneration Report 2024

Remuneration of the members of the Executive Board

Dr. Oliver Blume¹, Chairman of the Executive Board

2024

€

%

Fixed remuneration

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Annual base salary

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1,085,000

37.7

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Fringe benefits²

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0.0

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Total fixed remuneration

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1,085,000

37.7

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Variable remuneration

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Short-term variable remuneration (STI) 2024

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1,334,116

46.3

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Multiyear variable remuneration/long-term incentive (LTI) 2021–2023 less guaranteed LTI 2021–2023

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–

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Tranche 2 of the IPO bonus

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461,610

16.0

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Total variable remuneration

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1,795,726

62.3

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Total remuneration within the meaning of section 162 (1) sentence 1 AktG

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2,880,726

100.0

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Pension expenses

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439,239

–

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Total remuneration including pension expenses

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3,319,965

–

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¹Dr. Blume also receives remuneration from Volkswagen AG. This remuneration is not counted toward the remuneration from Porsche AG. The remuneration received by Dr. Blume from Volkswagen AG in fiscal year 2024 is presented in the remuneration report 2024 of Volkswagen AG.

²Dr. Blume receives a fringe benefit allowance from Volkswagen AG.

Lutz Meschke¹, Deputy Chairman of the Executive Board; Finance and IT

2024

€

%

Fixed remuneration

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Annual base salary

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1,092,500

38.4

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Fringe benefits

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70,885

2.5

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Total fixed remuneration

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1,163,385

40.9

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Variable remuneration

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Short-term variable remuneration (STI) 2024

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1,343,338

47.3

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Multiyear variable remuneration/long-term incentive (LTI) 2021–2023 less guaranteed LTI 2021–2023

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71,916

2.5

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Tranche 2 of the IPO bonus

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263,828

9.3

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Total variable remuneration

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1,679,082

59.1

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Total remuneration within the meaning of section 162 (1) sentence 1 AktG

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2,842,467

100.0

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Pension expenses

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444,574

–

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Total remuneration including pension expenses

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3,287,041

–

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¹Mr. Meschke also receives remuneration from Porsche SE. This remuneration is not counted toward the remuneration from Porsche AG. The remuneration received by Mr. Meschke in fiscal year 2024 from Porsche SE is presented in the remuneration report 2024 of Porsche SE.

Barbara Frenkel, Member of the Executive Board; Procurement

2024

€

%

Fixed remuneration

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Annual base salary

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945,000

33.3

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Fringe benefits

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49,857

1.8

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Total fixed remuneration

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994,857

35.0

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Variable remuneration

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Short-term variable remuneration (STI) 2024

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1,161,972

40.9

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Multiyear variable remuneration/long-term incentive (LTI) 2021–2023¹

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419,744

14.8

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Tranche 2 of the IPO bonus

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263,828

9.3

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Total variable remuneration

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1,845,544

65.0

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Total remuneration within the meaning of section 162 (1) sentence 1 AktG

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2,840,402

100.0

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Pension expenses

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387,521

–

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Total remuneration including pension expenses

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3,227,923

–

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_Subscript

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Pro rata temporis; Ms. Frenkel did not have a guaranteed amount, therefore no such amount is deducted.

Andreas Haffner, Member of the Executive Board; Human Resources and Social Affairs

2024

€

%

Fixed remuneration

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Annual base salary

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945,000

38.0

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Fringe benefits

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69,342

2.8

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Total fixed remuneration

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1,014,342

40.8

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Variable remuneration

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Short-term variable remuneration (STI) 2024

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1,161,972

46.8

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Multiyear variable remuneration/long-term incentive (LTI) 2021–2023 less guaranteed LTI 2021–2023

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44,999

1.8

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Tranche 2 of the IPO bonus

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263,828

10.6

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Total variable remuneration

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1,470,799

59.2

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Total remuneration within the meaning of section 162 (1) sentence 1 AktG

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2,485,142

100.0

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Pension expenses

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383,956

–

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Total remuneration including pension expenses

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2,869,098

–

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Sajjad Khan, Member of the Executive Board; Car-IT

2024

€

%

Fixed remuneration

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Annual base salary

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945,000

43.7

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Fringe benefits

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55,142

2.6

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Total fixed remuneration

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1,000,142

46.3

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Variable remuneration

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_Subscript

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Short-term variable remuneration (STI) 2024

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1,161,972

53.7

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Multiyear variable remuneration/long-term incentive (LTI)

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–

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Tranche 2 of the IPO bonus

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–

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Total variable remuneration

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1,161,972

53.7

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Total remuneration within the meaning of section 162 (1) sentence 1 AktG

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2,162,114

100.0

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Pension expenses

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380,247

–

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Total remuneration including pension expenses

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2,542,361

–

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Detlev von Platen, Member of the Executive Board; Sales and Marketing

2024

€

%

Fixed remuneration

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Annual base salary

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945,000

36.9

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Fringe benefits

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147,710

5.8

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Total fixed remuneration

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1,092,710

42.6

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Variable remuneration

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Short-term variable remuneration (STI) 2024

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1,161,972

45.3

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Multiyear variable remuneration/long-term incentive (LTI) 2021–2023 less guaranteed LTI 2021–2023

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44,999

1.8

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Tranche 2 of the IPO bonus

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263,828

10.3

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Total variable remuneration

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1,470,799

57.4

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_Subscript

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Total remuneration within the meaning of section 162 (1) sentence 1 AktG

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2,563,509

100.0

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_Subscript

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Pension expenses

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383,240

–

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_Subscript

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_Subscript

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_Subscript

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Total remuneration including pension expenses

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2,946,749

–

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Albrecht Reimold, Member of the Executive Board; Production and Logistics

2024

€

%

Fixed remuneration

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Annual base salary

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945,000

37.3

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Fringe benefits

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116,972

4.6

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Total fixed remuneration

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1,061,972

41.9

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Variable remuneration

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Short-term variable remuneration (STI) 2024

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1,161,972

45.9

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Multiyear variable remuneration/long-term incentive (LTI) 2021–2023 less guaranteed LTI 2021–2023

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44,999

1.8

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Tranche 2 of the IPO bonus

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263,828

10.4

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Total variable remuneration

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1,470,799

58.1

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Total remuneration within the meaning of section 162 (1) sentence 1 AktG

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2,532,772

100.0

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Pension expenses

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382,637

–

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Total remuneration including pension expenses

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2,915,409

–

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Dr. Michael Steiner, Member of the Executive Board; Research and Development

2024

€

%

Fixed remuneration

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Annual base salary

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945,000

37.7

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Fringe benefits

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94,068

3.7

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Total fixed remuneration

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_Subscript

1,039,068

41.4

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_Subscript

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Variable remuneration

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_Subscript

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_Subscript

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_Subscript

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Short-term variable remuneration (STI) 2024

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1,161,972

46.3

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Multiyear variable remuneration/long-term incentive (LTI) 2021–2023 less guaranteed LTI 2021–2023

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44,999

1.8

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Tranche 2 of the IPO bonus

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263,828

10.5

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Total variable remuneration

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1,470,799

58.6

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Total remuneration within the meaning of section 162 (1) sentence 1 AktG

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2,509,868

100.0

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Pension expenses

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383,638

–

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Total remuneration including pension expenses

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2,893,506

–

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Remuneration of the members of the Supervisory Board

Fixed remuneration

Work in committees

Meeting attendance fees

Total remuneration

Remuneration for serving on the boards of other group companies

Supervisory Board member

€

%

€

%

€

%

€

%

Dr. Wolfgang Porsche (Chairman)

260,000

70.5

100,000

27.1

9,000

2.4

369,000

100.0

–

Jordana Vogiatzi³ (Deputy Chair)

195,000

69.1

78,356

27.8

9,000

3.2

282,356

100.0

Dr. Arno Antlitz¹

–

Ibrahim Aslan (until June 7, 2024)

56,630

93.5

0.0

3,921

6.5

60,551

100.0

–

Harald Buck

130,000

54.4

100,000

41.8

9,000

3.8

239,000

100.0

–

Dr. Christian Dahlheim²

0.0

100,000

100.0

0.0

100,000

100.0

–

Micaela le Divelec Lemmi

130,000

68.8

50,000

26.5

9,000

4.8

189,000

100.0

–

Melissa Di Donato Roos

130,000

93.5

0.0

9,000

6.5

139,000

100.0

–

Wolfgang von Dühren (until June 7, 2024)

56,630

93.5

0.0

3,921

6.5

60,551

100.0

–

Martina Holzbauer (since June 7, 2024)

74,082

93.5

0.0

5,129

6.5

79,211

100.0

–

Akan Isik

130,000

93.5

0.0

9,000

6.5

139,000

100.0

–

Nora Leser (until June 7, 2024)

56,630

68.8

21,781

26.5

3,921

4.8

82,332

100.0

–

Knut Lofski³

130,000

93.5

0.0

9,000

6.5

139,000

100.0

Dr. Hans Michel Piëch

130,000

93.5

0.0

9,000

6.5

139,000

100.0

–

Dr. Ferdinand Oliver Porsche

130,000

68.8

50,000

26.5

9,000

4.8

189,000

100.0

–

Hans Dieter Pötsch

130,000

93.5

0.0

9,000

6.5

139,000

100.0

–

Steffen Reißig (since June 7, 2024)

74,082

93.5

0.0

5,129

6.5

79,211

100.0

–

Vera Schalwig

130,000

93.5

0.0

9,000

6.5

139,000

100.0

–

Stefan Schaumburg (until June 7, 2024)

56,630

93.5

0.0

3,921

6.5

60,551

100.0

–

Conny Schönhardt (since June 7, 2024)

74,082

93.5

0.0

5,129

6.5

79,211

100.0

–

Carsten Schumacher

130,000

54.4

100,000

41.8

9,000

3.8

239,000

100.0

–

Dr. Hans Peter Schützinger¹

–

Hauke Stars¹

–

Heidi Zink-Larson (since June 7, 2024)

74,082

93.5

0.0

5,129

6.5

79,211

100.0

–

Total

2,277,849

75.4

600,137

19.9

144,197

4.8

3,022,184

100.0

–

¹These Supervisory Board members waived remuneration in full for fiscal year 2024.

²These Supervisory Board members waived remuneration in part for fiscal year 2024.

³Remuneration was waived for Supervisory Board activities on the Supervisory Board of Porsche Leipzig GmbH.

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Remuneration Report 2024

Remuneration Report 2024

Remuneration of the members of the Executive Board

Dr. Oliver Blume1, Chairman of the Executive Board

2024

€

%

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Dr. Oliver Blume¹, Chairman of the Executive Board