INTERNAL

Vision

We’retheCOREofVWGroup

Themostdesirablebrandsforourcustomers.Withtoptechnologyatcompetitivecosts.

INTERNAL

Mission

TheCORECommunity

Strongbrands,oneefficientandeffectiveengine.

200,000

Employees

24

Plants

>50

Modelranges

inEurope

Strategicpriorities

INTERNAL

Newgovernancewithclearresponsibilities

Cleardifferentiation

acrossbrands

Focusoncosts&

capitalefficiency

impact

group

Synergies,

asabrand

BusFestival

ID.BuzzLWB

NewTiguan

ID.2all

Highlightsin2023

?kodainVietnam

DarkRebel

NewKodiaq

Tavascan

CUPRADarkRebel,CUPRARaval–Conceptcars,notforsaleyet

INTERNAL

VolkswagenPassat

?kodaSuperb

PassatElegance2.0lTDISCR110kW(150PS)–PowerconsumptioninkWh/100km:combined5.4-5.0l/100km;CO?-emissionscombineding/km:combined143–131l.InformationonconsumptionandCO?emissions,showninranges,dependsontheselectedvehicleequipment.

SynergyfamilyBETA+

Ourfirstlighthouseproject

INTERNAL

Tomorrow10a.m.

SynergyfamilySmall-BEV

Ournextbigmilestone

Conceptcars,notforsaleyet

Time-to-marketFasterinhardwareandsoftware

#3

Driver

ReductionofComplexityReductionofsoftwarevariants

#2

#1

CompetitivenessEV

Software,Battery,Architecture,platforms

CompetitiveCostStructuresMatchcoststructuresofthecompetition

#4

#5

Growth

#6

OptimizationSalesCostsSalescostsreduction&newsalesformats

Volumegrowthtoprofitfromscaleeffects

+Culture&Governance

Adaptourcultureandgovernance

totacklethefuture

INTERNAL

1.1

BrandGroupCore

Financialperformance

FY20221vs.FY2023

RoS3

[%]

Operating

Sales

Revenue

[€bn]

NetCash

Flow

[€bn]

Profit3

[€bn]

Vehicle

Sales2

[mill.units]6

+19%+21%+80%+1.7pp.

4.8

4.1

20222023

137.8

113.8

20222023

7.3

4.0

20222023

5.3

3.6

20222023

5.6

20222023

2withoutChinabusiness

3beforespecialitems

1previousyearadjusted(IFRS17)

INTERNAL

Headwinds

Regionmix

Productmix

Inflation

10bn.EUR

BasisTarget

2022/20232026

BasisTarget

2022/20232026

BasisTarget

2022/20232026

?

?

?

?

?

?

?

?

?

WearegoingtomaketheVWbrandshineagain!

phase1

Brand

Brand

Products

Customers

Financialand

entrepreneurial

resilience

ADACBedieung:EinechterFortschritt

GolfGTI–Near-productionvehicle

Passat–Near-productionvehicle

ID.7Pro–PowerconsumptioninkWh/100km:combined16.3-14.1;CO?-emissionsing/km:combined0.

ID.7TourerPro–PowerconsumptioninkWh/100km:combined16.8-14.5;CO?-emissionsing/km:combined0.InformationonconsumptionandCO?emissions,showninranges,dependsontheselectedvehicleequipment.

Talagon

ID.6X

Atlas

Amarok

ThevehiclesarenotsoldinGermany.

ID.BUZZLWB

ID.2allSUV

ID.7

A-MainSUVe

ID.2all

Conceptcar,notforsaleyet

ID.GTIConcept

Conceptcar,notforsaleyet

VW/XpengI

VW/XpengII

ID.7Tourer

ID.4PA

Entry-levelE-Volkswagen

ID.7Pro–PowerconsumptioninkWh/100km:combined16.3-14.1;CO?-emissionsing/km:combined0.

ID.7TourerPro–PowerconsumptioninkWh/100km:combined16.8-14.5;CO?-emissionsing/km:combined0.

InformationonconsumptionandCO?emissions,showninranges,dependsontheselectedvehicleequipment.

ID.7TourerPro–PowerconsumptioninkWh/100km:combined16.8-14.5;

Near-productionvehicle

CO?-emissionsing/km:combined0.InformationonconsumptionandCO?emissions,

showninranges,dependsontheselectedvehicleequipment.

WearegoingtomaketheVWbrandshineagain!

Brand

Brand

Products

Customers

phase2

Financialand

entrepreneurial

resilience

Reducingvariantsforlesscomplexity

Makingprocessesandstructuresleanerandfaster

Loweringproductcosts

(MQBandMEB)

…

PerformanceProgram

Administration

Products

Quality

2

Technical

development

5

Vehicle

production

Additional

business

fields

3

Material

costs

Sales

9

NAR/SAMregions

Ourprioritiesforthecomingmonths:

2024

Ournew

6+Core

2024

Performance

products

Drivers

Commitment

programs

Success