“Porsche is looking at the armed conflict in Ukraine with great concern and dismay,” said Oliver Blume, Chairman of the Executive Board of Porsche AG. “We continue to hope for a cessation of hostilities and a return to diplomacy. The safety and integrity of the people are paramount. To help people in need in Ukraine, Porsche AG has donated a total of €1 million. Experts are continuously determining the degree of impact on Porsche’s business activities in a task force. The supply chains for Porsche plants have been affected, which means that on-schedule production is no longer possible in some cases.”