Possible changes in the Executive Board

The Supervisory Board of Dr. Ing. h.c. F. Porsche Aktiengesellschaft (“Porsche”) authorized the Chairman of the Supervisory Board today to enter into discussions with Mr. Lutz Meschke, Deputy Chairman of the Executive Board and Executive Board member for Finance and IT, and Mr. Detlev von Platen, Executive Board member for Sales and Marketing, in relation to an amicable early termination of Mr. Meschke’s and Mr. von Platen’s appointment as members of the Executive Board of Porsche.