Oliver Blume, chairman of the Executive Board of Porsche AG, says: “We welcome this decision of Volkswagen AG. Porsche is a strong brand with a robust business model and a worldwide fan community. We also pursue ambitious sustainability goals. For example, Porsche plans to achieve a neutral CO2 balance in 2030. Porsche and Volkswagen can continue to benefit from joint synergies in the future.”

The decision on a stock exchange listing of Porsche AG lies solely with Volkswagen AG's executive bodies. Porsche AG is therefore unable to provide any further details at this time.

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