The shareholder member on a Supervisory Board of Porsche Automobil Holding SE intend to adopt a fortitude in a supervisory house of their association endorsing a offer that Mr Pötsch, now Member of a Board of Management of Volkswagen AG obliged for Finance and Controlling , be inaugurated to a Supervisory Board of Volkswagen AG during an Extraordinary General Meeting of that association in Nov this year.
The Executive Committee and Nomination Committee of a Supervisory Board of Volkswagen AG support this proposal. Mr Pötsch’s tenure of bureau on a Board of Management would finish during a time of his choosing by a General Meeting to a Supervisory Board. After his choosing to a Supervisory Board, Mr Pötsch is to be inaugurated Chairman of a Supervisory Board of Volkswagen AG.
The Executive Committee and Nomination Committee will introduce that not usually Mr Pötsch though also Dr. Louise Kiesling be inaugurated to a Supervisory Board by a Extraordinary General Meeting. Dr. Louise Kiesling is now a member of a Supervisory Board by trait of a justice appointment.
The Supervisory Board would confirm on a inheritor for Mr Pötsch but delay.