Porsche Automobil Holding SE: Adjustment of the forecast for the adjusted group result after tax 2025

Porsche Automobil Holding SE / Key word(s): ForecastPorsche Automobil Holding SE: Adjustment of the forecast for the adjusted group result after tax 2025 19-Sep-2025 / 18:09 CET/CESTDisclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group.The issuer is solely responsible for the content of this announcement. Dr. Ing. h.c. F. Porsche AG (Porsche AG), Stuttgart, announced today that it has updated its forecast for the financial year 2025. Accordingly, Porsche AG now expects an operating return on sales of slightly positive to 2% (previously: 5% to 7%). Volkswagen AG, Wolfsburg, today announced that it is updating its forecast for the financial year 2025. In terms of operating profit, Volkswagen AG now expects an operating return on sales of 2% to 3% (previously: 4% to 5%). This adjustment to the operating profit forecast is partly due to a non-cash impairment of goodwill amounting to approximately 3 billion euros, which is assigned to the operating segment Porsche within the Volkswagen Group. Due to the direct equity investment of Porsche Automobil Holding SE (Porsche SE), Stuttgart, in Porsche AG of around 12.5%, the adjusted group result after tax of Porsche SE is influenced by the at equity result attributable to Porsche SE and, thus by the result after tax at the level of Porsche AG Group. Volkswagen AG holds more than 75% of the subscribed capital of Porsche AG. Due to its equity investment in Volkswagen AG of around 31.9%, the adjusted group result after tax of Porsche SE is also significantly influenced by the at equity result attributable to Porsche SE and, thus by the result after tax at the level of Volkswagen Group. As a result, Porsche SE is adjusting its earnings forecast accordingly. For the financial year 2025, the adjusted group result after tax of Porsche SE is now expected in a range of 0.9 billion euros to 2.9 billion euros (previously: between 1.6 billion euros and 3.6 billion euros). The non-cash impairment of approximately 3 billion euros at the Volkswagen Group level does not affect either the adjusted group result after tax or the group result after tax of Porsche SE, due to adjustments already made in previous years at the Porsche SE level. The adjustment of the earnings forecast has no impact on the liquidity of Porsche SE Group. Therefore, Porsche SE confirms its forecast for the net debt of the Porsche SE Group as of 31 December 2025, which is expected to be between 4.9 billion euros and 5.4 billion euros. Contact: Karsten Hoeldtke Head of Investor Relations +49-711-911-11023 karsten.hoeldtke@porsche-se.com End of Inside Information 19-Sep-2025 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.Archive at www.eqs-news.com Language:EnglishCompany:Porsche Automobil Holding SEPorscheplatz 170435 StuttgartGermanyPhone:+49 (0) 711 911-11023Fax:+49 (0) 711 911-11819E-mail:InvestorRelations@porsche-se.comInternet:www.porsche-se.comISIN:, , , , , WKN:PAH003Indices:DAXListed:Regulated Market in Berlin, Frankfurt (General Standard), Munich, Stuttgart; Regulated Unofficial Market in Dusseldorf, Hamburg, Hanover, Tradegate Exchange; Luxembourg Stock ExchangeEQS News ID:2200760 End of AnnouncementEQS News ServiceDisclaimerSaving the news in databases or any forwarding of the news to third parties in a commercial context or for commercial purposes is only permitted with the prior written consent of EQS Group AG.