Debt Issuance Programmes

Debt Issuance Programs are covering several issues on a roll over basis. The contractual program amount of such a program may not necessarily be identical with the current utilization. Despite the use of standardized documentation for each transaction, there is the greatest flexibility as to the terms and conditions of a particular issue.

The Volkswagen Group has various Debt Issuance Programs in different countries and currencies.

The key characteristics of the largest Debt Issuance Programmes are listed below.

EUR 30.0bn Debt Issuance Programme

EUR 15.0bn Multi-Currency Commercial Paper Programme

Volkswagen Financial Services Programmes

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