Porsche Automobil Holding SE Preference Shares are non-voting equity instruments issued by Porsche SE, a German multinational holding company headquartered in Zuffenhausen, Stuttgart. These preference... Porsche Automobil Holding SE Preference Shares are non-voting equity instruments issued by Porsche SE, a German multinational holding company headquartered in Zuffenhausen, Stuttgart. These preference shares, numbering 153,125,000 alongside an equal amount of ordinary shares, provide investors with economic exposure to the company's performance without voting rights on corporate decisions. All ordinary shares are exclusively held by the Porsche and Piëch families, ensuring family control, while preference shares are predominantly owned by institutional investors, primarily outside Germany, with the remainder held by private investors. Porsche SE functions as a long-term anchor investor, holding 53.3% of Volkswagen AG's voting shares and 25% plus one share of Porsche AG, granting indirect influence over prestigious automotive brands like Volkswagen, Audi, Porsche, Bentley, and Lamborghini. The holding also pursues diversified portfolio investments in high-growth mobility and industrial technology firms across Europe, North America, and Israel, such as stakes in PTV Group and INRIX. Preference shares entitle holders to dividends, typically mirroring those of ordinary shares with a slight premium, supporting Porsche SE's strategy of sustainable value creation through asset appreciation and reliable payouts. Traded publicly, they play a key role in broadening market access to this strategic automotive investment vehicle while preserving family governance.