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SE: Prof. Dr. Martin Winterkorn ceases function as member and chairman of the executive board

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Successor as chairman will be chief financial officer Hans Dieter Pötsch

Stuttgart, 17. October 2015. , Stuttgart (" SE"), reached an agreement with Prof. Dr. Martin Winterkorn that he ceases his function as member and chairman of the executive board of SE by the end of October 31, 2015.

Dr. Wolfgang , chairman of the supervisory board of SE, thanked Prof. Dr. Winterkorn for the successful work in previous years: "Prof. Dr. Winterkorn assumed office as chairman of the executive board of SE in a difficult situation. He played a significant role in transforming our company into a highly professional investment holding. I would like to express my gratitude on behalf of the entire supervisory board."

Hans Dieter Pötsch, chief financial officer of SE, was appointed by the supervisory board to succeed Prof. Dr. Winterkorn as chairman of the executive board of SE effective November 1, 2015.