Porsche
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Corporate governance report
The executive board informs the supervisory board regularly, without delay and comprehensively about the planning, business development and
Responsible, transparent and efficient corporate governance is an integral part of Porsche Automobil Holding SE’s corporate culture.
the risk management of the company and consults with the supervisory board on the strategy of the company. Certain transactions stipulated in the articles of association of Porsche SE and the executive board’s rules of procedure may only be
Declaration of compliance required by Sec. 289a German Commercial Code (HGB) You can find the declaration of compliance required by Sec. 289a German Commercial Code (HGB) on our website at www.porsche-se.com/pho/en/ investorrelations/declaration/.
carried out by the executive board subject to the prior approval of the supervisory board. These include the acquisition and sale of companies of a certain size, the establishment and closure of plants, the introduction or discontinuation of business divisions as well as transactions with holders of ordinary shares or supervisory board members of Porsche SE.
Corporate statutes of Porsche Automobil Holding SE The main legal basis for the corporate statutes of Porsche SE is formed by the European SE provisions and the German SE Implementation Act as well as the German Stock Corporations Act (AktG). The differences this leads to compared to the statutes of a stock corporation mainly pertain to the formation and composition of the supervisory board. The dual management system with a strict separation of executive board and supervisory board, the principle of parity co-determination in the supervisory board, as well as the co-administration and control rights of the shareholders in the annual general meeting are also parts of the current company statutes of Porsche SE. In accordance with the provisions of the German Corporate Governance Code, the executive board ensures
Corporate governance report
The executive board informs the supervisory board regularly, without delay and comprehensively about the planning, business development and
Responsible, transparent and efficient corporate governance is an integral part of Porsche Automobil Holding SE’s corporate culture.
the risk management of the company and consults with the supervisory board on the strategy of the company. Certain transactions stipulated in the articles of association of Porsche SE and the executive board’s rules of procedure may only be
Declaration of compliance required by Sec. 289a German Commercial Code (HGB) You can find the declaration of compliance required by Sec. 289a German Commercial Code (HGB) on our website at www.porsche-se.com/pho/en/ investorrelations/declaration/.
carried out by the executive board subject to the prior approval of the supervisory board. These include the acquisition and sale of companies of a certain size, the establishment and closure of plants, the introduction or discontinuation of business divisions as well as transactions with holders of ordinary shares or supervisory board members of Porsche SE.
Corporate statutes of Porsche Automobil Holding SE The main legal basis for the corporate statutes of Porsche SE is formed by the European SE provisions and the German SE Implementation Act as well as the German Stock Corporations Act (AktG). The differences this leads to compared to the statutes of a stock corporation mainly pertain to the formation and composition of the supervisory board. The dual management system with a strict separation of executive board and supervisory board, the principle of parity co-determination in the supervisory board, as well as the co-administration and control rights of the shareholders in the annual general meeting are also parts of the current company statutes of Porsche SE. In accordance with the provisions of the German Corporate Governance Code, the executive board ensures