Porsche (P911) investor relations material

Opening remarks and agenda

• The meeting was opened by the Chairman of the Supervisory Board, held virtually for efficiency and resource conservation, with all board members present and voting rights exercised electronically.

• The agenda included reports from the Supervisory and Executive Boards, approval of amendments to agreements, board elections, and a settlement related to the diesel issue.

Board and executive committee updates

• Dr. Michael Leiters was introduced as the new Chairman of the Executive Board, with several new appointments and role changes on both the Executive and Supervisory Boards during 2025 and early 2026.

• The Car-IT division was discontinued and integrated into R&D, reducing the Executive Board to seven members.

• Several changes in Supervisory Board composition occurred, including new appointments and resignations, with Mr. Holger Peters proposed and introduced as a new member.

Financial performance review

• 2025 saw a 10% decline in vehicle deliveries and group sales, with operating profit margin dropping to around 1% due to one-off charges and tariffs.

• Despite challenges, the company maintains strong net liquidity and a robust balance sheet, supporting ongoing transformation.

• Q1 2026 showed further declines in deliveries and sales, but operating profit margin remained at the upper end of forecasts due to cost control.