End of Term Lease Loyalty Program

Program Conditions

• Customers must lease or finance a new eligible Porsche model for payment waivers greater than 3 months. Eligible Porsche vehicles: MY19 (all models) & MY18 Panamera and Macan.
• Payments waived are determined by the customer's existing vehicle (model year and model type)
• Term of existing PFS lease agreement must be equal to or greater than 24 months
• Past due payments are not eligible and will not be waived

Program Period & Offer

Replacement contracts must be dated on or between February 1, 2019 - April 1, 2019.

PFS will waive up to the specified number of remaining monthly payments for select existing lease customers who return their vehicle that is currently leased with PFS and lease or finance a New MY19 (all models) or MY18 (Panamera or Macan) Porsche vehicle through a PFS lease agreement or PFS finance contract as set forth below.

Existing PFS Contract Vehicle Eligibility and Program Benefits

Model Year	Model	Payments Waived	Maximum Payment
MY 15	Mid-Engine, 911, Panamera, Macan & Cayenne Models	Up to 12 Months	$2,500
MY 16	Mid-Engine, 911, Panamera, Macan & Cayenne Models	Up to 12 Months	$2,500
MY 17	Mid-Engine, 911, Macan & Cayenne Models	Up to 12 Months	$2,500
MY 17	Panamera Models	Up to 6 Months	$2,500
All MY	All Models	Up to 3 Months*	$2,500

• Contracted term on existing PFS lease agreement must be 24 months or above to be eligible for the program.
• Single Pay Lease Agreements are not eligible.
• Customers whose payments are greater than $2,500 (net of use tax) are eligible to receive the $2,500 maximum. Payment amounts
  above the maximum must be paid including any applicable use tax on the amount paid.
• Only one EOTLLP offer per eligible PFS account.
• Vehicles must meet the standard PFS vehicle eligibility requirements of the PFS Lease/Retail Finance Program as applicable and/or the specific vehicle eligibility requirements of the finance or lease program utilized.

Please Note: The program is only applicable for scheduled payments on the existing lease agreement due on or after the new PFS contract date. Past due payments are ineligible to receive a waiver and must be paid per the existing PFS contract obligation. If no payments are due, the PFS EOTLLP is not applicable. Leases that have been extended beyond the original maturity date are not eligible for the program.

"Welcome to Porsche" Conquest Lease Program

The "Welcome to Porsche" Program will continue to support your sales efforts on New MY19 718 Boxster, 718 Cayman, and
MY19 and MY18 Panamera vehicles. The Program's main features include:

• Up to $1,500 individual payment credit
• Up to $4,500 total credit
• Competitive lease agreement must be within 180 days of maturity date OR proof of competitive lease
  payoff must be remitted by Porsche dealer

Eligible for MY19 718 Boxster, 718 Cayman, and MY19 & MY18 Panamera new vehicle contracts

Program Period & Offer

Contracts dated on or between February 1, 2019 - April 1, 2019.

Customers currently leasing a competitive vehicle (contracted as New, Demo or Pre-owned) who lease or finance an eligible new MY19 718 Boxster, 718 Cayman, or MY19/MY18 Panamera model will receive a "Welcome to Porsche" Credit equivalent to the value of up to 3 payments (at a maximum of $1,500/payment) based on their existing competitive lease.

Note: If competitive lease vehicle is pre-owned, term of competitive lease agreement must be 24 months or greater and vehicle must be MY2010 or newer.

Vehicle Eligibility: All new, untitled MY19 718 Boxster, 718 Cayman, and MY19/MY18 Panamera vehicles which meet the standard PFS vehicle eligibility requirements as applicable and the specific vehicle eligibility requirements of the finance or lease program utilized.

Customer Eligibility: Customers with a currently active competitive (non-Porsche of any make) lease contracted as a new, demo or pre-owned vehicle (as detailed by their existing lease agreement).

Note: If competitive lease vehicle is pre-owned, term of competitive lease agreement must be 24 months or greater and vehicle must be MY2010 or newer.

To be considered active, the customer must have at least one payment due as of the contract date for the eligible new Porsche model. Active status is determined by the PFS contract date being greater than 30 days from the original maturity date of the competitive lease.Competitive leases that have been extended beyond the original maturity date are not eligible.

Payoff, trade-in, or return of the existing competitive lease is not required except if the competitive lease is 181 days or more from the maturity date. However, current PFS credit guidelines apply as applicable to each transaction.

Competitive single pay leases are eligible. The amount of the monthly payment credit is calculated by taking the single pay payment
amount divided by the term of the competitive lease agreement (maximum of $1,500/payment).