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Ad hoc

Chairman leaves the Board of Management of Volkswagen AG

The Supervisory Board of Volkswagen AG and Dr. Herbert Diess have agreed today that Dr. Diess will leave the Board of Management of Volkswagen AG by mutual consent with effect as of 1 September 2022. Dr. Diess will be succeeded by Dr. Oliver Blume, Chairman of the Board of Management of Dr. Ing. h.c. F. Porsche AG. Dr. Oliver Blume will also remain Chairman of the Board of Management of Dr. Ing. h.c. F. Porsche AG. In today’s meeting, the Supervisory Board also resolved that the CFO of Volkswagen AG, Dr. Arno Antlitz, will additionally assume the position as Chief Operating Officer and thus support Dr. Blume with day-to-day operations.

Rolf Woller

Head of Group Treasury and Investor Relations

The specified fuel consumption and emission data does not refer to a single vehicle and is not part of the offer but is only intended for comparison between different types of vehicles. Additional equipment and accessories (additional components, tyre formats, etc.) can alter relevant vehicle parameters such as weight, rolling resistance and aerodynamics, affecting the vehicle's fuel consumption, power consumption, CO2 emissions and driving performance values in addition to weather and traffic conditions and individual driving behavior. Further information on official fuel consumption data and official specific CO2 emissions for new passenger cars can be found in the "Guide to fuel economy, CO2 emissions and power consumption for new passenger car models", which is available free of charge from all sales dealerships and from DAT Deutsche Automobil Treuhand GmbH, Hellmuth-Hirth-Str. 1, D-73760 Ostfildern, Germany and at www.dat.de/co2.