Frequently Asked Questions

The share capital of Dr. Ing. h.c. F. Porsche Aktiengesellschaft (“Porsche”, “Porsche AG” or the “Company”) amounts to EUR 911,000,000 and is divided into 455,500,000 non-voting preferred shares (the “Preferred Shares”) and 455,500,000 ordinary shares (the “Ordinary Shares”). The Porsche AG IPO was limited to Preferred Shares only.

The Preferred Shares carry no voting rights in the Company’s annual shareholder meeting but holders of Preferred Shares will receive an additional dividend of EUR 0.01 per Preferred Share on top of every dividend that Porsche pays out to its shareholders.

The Preferred Shares of Porsche are listed on the regulated market (regulierter Markt) of the Frankfurt Stock Exchange (Frankfurter Wertpapierbörse) with simultaneous admission to the sub-segment of the regulated market with additional post-admission obligations (Prime Standard).

At this point in time the Preferred Shares are not listed on other (regulated) stock exchanges.

The potential index inclusion of the Company’s Preferred Shares depends on various parameters, in particular on the market capitalization, the free float and the trading volumes. Porsche AG was added to the MSCI World Index on October 12th, 2022. It was then admitted to the DAX on December 19th, 2022 under its fast-entry rules.

Porsche Automobil Holding SE (“Porsche SE”) is the holding company of the Porsche and Piëch families with investments in the areas of mobility and industrial technology listed on the Frankfurt Stock Exchange. In particular, it holds the majority of the ordinary shares in Volkswagen Aktiengesellschaft, one of the leading automobile manufacturers in the world and the parent company of the Volkswagen Group comprising AUDI AG, SEAT S.A., ŠKODA AUTO a.s., Porsche AG, TRATON SE, Volkswagen Financial Services AG, Volkswagen Bank GmbH as well as in numerous other companies in Germany and abroad.

Porsche AG is one of the world’s most successful luxury sports car manufacturers and among the most profitable automobile manufacturers (based on 2021 unit sales in the global luxury automotive segment; source: S&P Global, “S&P Global Mobility Light Vehicle Sales Forecast”, April 2022). Porsche believes that its iconic brand is synonymous with design and engineering heritage, racing legacy, performance, modern and sustainable luxury, prestige, innovation, technological achievement and reliability.

Dr. Ing. h.c. F. Porsche intends to distribute an annual dividend in the medium term of around 50% of the group result after tax according to IFRS attributable to the shareholders of the company. However, this is subject to the statutory restrictions with regard to the distribution of profits and the available funds and subject to the prevailing market conditions and the economic situation at the time of the distribution. In accordance with the current statute of Porsche AG, an additional dividend of EUR 0.01 per preference share will be paid on the preference shares.

It can be assumed that the dividend, upon confirmation of the dividend proposal by the Annual General Meeting, will amount to €2.31 per preferred share carrying dividend rights and €2.30 per ordinary share carrying dividend rights, with approximately 35% being paid from the tax distributable profit (steuerlich ausschüttbarer Gewinn) and approximately 65% from the tax contribution account (steuerliches Einlagenkonto) as defined in Section § 27 of the German Corporation Tax Act (KStG) (contributions not made to the nominal capital). To the extent that the dividend is paid from the tax contribution account as defined in Section § 27 KStG (contributions not made to the nominal capital) of Dr. Ing. h.c. F. Porsche Aktiengesellschaft, the payment will be made without deduction of capital gains tax (Kapitalertragsteuer) and solidarity surcharge (Solidaritätszuschlag).