<p>Porsche Holding GmbH: Due to the approximately 12.5% direct equity investment in Porsche AG by Porsche Automobil Holding SE in Stuttgart, the adjusted group net profit after tax of Porsche Holding GmbH is affected by the equity method accounting profit attributable to the company, which in turn is influenced by the net profit after tax at the group level of Porsche AG</p>

POAHY

<p>Porsche Holding GmbH: Due to Porsche Automobil Holding SE in Stuttgart making a direct equity investment of approximately 12.5% in Porsche AG, the adjusted group net profit after tax of Porsche Holding GmbH is affected by the equity method profit attributable to the company, which in turn is influenced by the net profit after tax at the group level of Porsche AG</p>

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