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Bernhard Maier Appointed Board Member Sales and Marketing of Porsche AGManaging Director of Porsche Germany Appointed Member of the Board

Stuttgart. In its session today the Supervisory Board of Dr. Ing. h.c. F. Porsche AG, Stuttgart, appointed Bernhard Maier (50) to the Board of Management of the manufacturer of sporting premium cars. Maier, previously Chairman of the Management of Porsche Deutschland GmbH, Bietigheim-Bissingen, is assuming the top position in the Sales and Marketing Division with immediate effect. Klaus Berning, the previous Board Member Sales and Marketing, is leaving the Company with immediate effect at his own request.

Maier has been closely connected to the automobile ever since his youth, first completing his training as a car mechanic and then, after obtaining his full qualification as a master mechanic, studying business manage-
ment in the town of Calw near Stuttgart. After working for Nixdorf, Maier joined the BMW AG sales organisation in 1988, assuming various top positions in Germany and abroad. In June 2001 Maier joined Porsche, where he successfully managed the Company’s domestic sales subsidiary. His most significant responsibilities so far include the ongoing optimisation of processes in sales management as well as the development of new systems and the establishment of a consistently positive position for the Porsche brand in the Company’s home market. Further highlights in Maier’s term in office as the Managing Director of Porsche Germany were the successful introduction of two new model series: the Cayenne Sports Utility Vehicle in 2002 and the Panamera Gran Turismo in September of last year.

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4/19/2010