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Directors' Dealings

What are notifiable transactions in securities?

According to Article 19 of Market Abuse Regulation (MAR), members of management or supervisory bodies of issuers, as well as persons closely associated with them, are obligated to notify the issuer and the Federal Financial Supervisory Authority (BaFin) of every transaction conducted on their own account relating to the shares or other financial instruments linked thereto. The issuer shall ensure that the information is made public promptly. Until MAR became effective, comparable obligations were provided in Section 15a of the German Securities Trading Act (WpHG) in its old version.

All transactions that are subject to disclosure requirements are listed, together with the information required by law (before July 3, 2016 pursuant to Section 15a of the WpHG; from July 3, 2016 pursuant to Article 19 of the MAR).

2023

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

25.09.2023 / 11:29 CET/CEST
The issuer is solely responsible for the content of this announcement.

1. Details of the person discharging managerial responsibilities / person closely associated

a) Name

Title:
First name:	Oliver
Last name(s):	Blume

2. Reason for the notification

a) Position / status

Position:

Member of the managing body

b) Initial notification

3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a) Name

VOLKSWAGEN AKTIENGESELLSCHAFT

b) LEI

529900NNUPAGGOMPXZ31

4. Details of the transaction(s)

a) Description of the financial instrument, type of instrument, identification code

Type:	Share
ISIN:	DE0007664039

b) Nature of the transaction

Acquisition

c) Price(s) and volume(s)

Price(s)	Volume(s)
112.80 EUR	253804.56 EUR

d) Aggregated information

Price	Aggregated volume
112.80 EUR	253804.56 EUR

e) Date of the transaction

22/09/2023; UTC+2

f) Place of the transaction

Name:	Xetra
MIC:	XETR

25.09.2023 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com

Language: English

Company:
VOLKSWAGEN AKTIENGESELLSCHAFT
Berliner Ring 2
38440 Wolfsburg
Germany

Internet: www.volkswagenag.com/ir

End of News EQS News Service
85983 25.09.2023 CET/CEST

Release according to Article 19 MAR

09/22/2023 Publication Oliver Blume (Acquisition)

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

12.06.2023 CET/CEST
The issuer is solely responsible for the content of this announcement.

1. Details of the person discharging managerial responsibilities / person closely associated

a) Name

Title:
First name:	Oliver
First name: Last name(s):	Blume

2. Reason for the notification

a) Position / status

Position:

Member of the managing body

b) Initial notification

3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a) Name

VOLKSWAGEN AKTIENGESELLSCHAFT

b) LEI

529900NNUPAGGOMPXZ31

4. Details of the transaction(s)

a) Description of the financial instrument, type of instrument, identification code

Type:	Share
ISIN:	DE0007664039

b) Nature of the transaction

Acquisition

c) Price(s) and volume(s)

Price(s)	Volume(s)
126.4000 EUR	505,600.0000 EUR

d) Aggregated information

Price	Aggregated volume
126.4000 EUR	505,600.0000 EUR

e) Date of the transaction

2023-06-09; UTC+2

f) Place of the transaction

Name:	Xetra
MIC:	XETR

12.06.2023 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com

Language: English

Company:
VOLKSWAGEN AKTIENGESELLSCHAFT
Berliner Ring 2
38440 Wolfsburg
Germany

Internet: www.volkswagenag.com/ir

End of News EQS News Service
83787 12.06.2023 CET/CEST

Release according to Article 19 MAR

06/12/2023 Publication Oliver Blume (Acquisition)

2020

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

11.03.2020 / 17:20
The issuer is solely responsible for the content of this announcement.

1. Details of the person discharging managerial responsibilities / person closely associated

a) Name

Title:
First name:	Hiltrud Dorothea
Last name(s):	Werner

2. Reason for the notification

a) Position / status

Position:

Member of the managing body

b) Initial notification

3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a) Name

VOLKSWAGEN AG

b) LEI

529900NNUPAGGOMPXZ31

4. Details of the transaction(s)

a) Description of the financial instrument, type of instrument, identification code

Type:	Share
ISIN:	DE0007664039

b) Nature of the transaction

Sale (to correct an execution error)

c) Price(s) and volume(s)

Price(s)	Volume(s)
146.88 EUR	132,192.00 EUR

d) Aggregated information

Price	Aggregated volume
146.88 EUR	132,192.00 EUR

e) Date of the transaction

2020-03-06; UTC+1

f) Place of the transaction

Name:	Quotrix
MIC:	DUSC

11.03.2020 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language: English

Company:
VOLKSWAGEN AG
Berliner Ring 2
38440 Wolfsburg
Germany

Internet: www.volkswagenag.com/ir

End of News DGAP News Service

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Release according to Article 19 MAR

03/11/2020 Publication Hiltrud Dorothea Werner (Sale - Correction of an execution error)

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

11.03.2020 / 17:18
The issuer is solely responsible for the content of this announcement.

1. Details of the person discharging managerial responsibilities / person closely associated

a) Name

Title:
First name:	Hiltrud Dorothea
Last name(s):	Werner

2. Reason for the notification

a) Position / status

Position:

Member of the managing body

b) Initial notification

3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a) Name

VOLKSWAGEN AG

b) LEI

529900NNUPAGGOMPXZ31

4. Details of the transaction(s)

a) Description of the financial instrument, type of instrument, identification code

Type:	Share
ISIN:	DE0007664039

b) Nature of the transaction

Acquisition

c) Price(s) and volume(s)

Price(s)	Volume(s)
146.38 EUR	146380.00 EUR

d) Aggregated information

Price	Aggregated volume
146.38 EUR	146380.00 EUR

e) Date of the transaction

2020-03-06; UTC+1

f) Place of the transaction

Name:	Quotrix
MIC:	DUSC

Release according to Article 19 MAR

03/11/2020 Publication Hiltrud Dorothea Werner (Purchase)

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

06.03.2020 / 17:05
The issuer is solely responsible for the content of this announcement.

1. Details of the person discharging managerial responsibilities / person closely associated

a) Name

Title:	Dr.
First name:	Herbert
Last name(s):	Diess

2. Reason for the notification

a) Position / status

Position:

Member of the managing body

b) Initial notification

3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a) Name

VOLKSWAGEN AG

b) LEI

529900NNUPAGGOMPXZ31

4. Details of the transaction(s)

a) Description of the financial instrument, type of instrument, identification code

Type:	Share
ISIN:	DE0007664005

b) Nature of the transaction

Purchase of shares via standing order on the basis of a voluntary commitment on acquisition of shares. Start of duration: 15.03.2020, the standing order is concluded on undetermined duration; monthly volume: the equivalent value of 50.000,00 EUR (plus ancillary acquisition costs) taking the calculated quantity based on the current purchase price of Volkswagen AG ordinary share at Frankfurt stock exchange in each case, rounded up to the next share, that the amount of 50.000,00 EUR is exceeded regularly; purchase date: each 15th day of a month respectively the following trading day, that is concurrently bank business day of the processing bank; trading place: Frankfurt Stock Exchange; the standing order needs to be cancelled in written form.

c) Price(s) and volume(s)

Price(s)	Volume(s)
not numberable	not numberable

d) Aggregated information

Price	Aggregated volume
not numberable	not numberable

e) Date of the transaction

2020-03-06; UTC+1

f) Place of the transaction

Outside a trading venue

06.03.2020 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language: English

Company:
VOLKSWAGEN AG
Berliner Ring 2
38440 Wolfsburg
Germany

Internet: www.volkswagenag.com/ir

End of News DGAP News Service

DGAP – ein Service der EQS Group AG
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Release according to Article 19 MAR

03/06/2020 Publication Dr. Herbert Diess

2019

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

04.04.2019 / 18:25
The issuer is solely responsible for the content of this announcement.

1. Details of the person discharging managerial responsibilities / person closely associated

a) Name

Title:
First name:	Thomas
Last name(s):	Edig

2. Reason for the notification

a) Position / status

Position:

Member of the Board of Management of the Volkswagen Commercial Vehicles Brand

b) Initial notification

3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a) Name

VOLKSWAGEN AG

b) LEI

529900NNUPAGGOMPXZ31

4. Details of the transaction(s)

a) Description of the financial instrument, type of instrument, identification code

Type:	Share
ISIN:	DE0007664039

b) Nature of the transaction

Acquisition

c) Price(s) and volume(s)

Price(s)	Volume(s)
144.52 EUR	36130.00 EUR

d) Aggregated information

Price	Aggregated volume
144.52 EUR	36130.00 EUR

e) Date of the transaction

2019-04-01; UTC+2

f) Place of the transaction

Name:	Tradegate
MIC:	XGAT

04.04.2019 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language: English

Company:
VOLKSWAGEN AG
Berliner Ring 2
38440 Wolfsburg
Germany

Internet: www.volkswagenag.com/ir

End of News DGAP News Service

DGAP – ein Service der EQS Group AG
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Release according to Article 19 MAR: Thomas Edig - 2019-04-04

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

03.04.2019 / 18:31
The issuer is solely responsible for the content of this announcement.

1. Details of the person discharging managerial responsibilities / person closely associated

a) Name

Title:
First name:	Ralf
Last name(s):	Brandstätter

2. Reason for the notification

a) Position / status

Position:

Member of the Board of Management of the Volkswagen Passenger Cars Brand

b) Initial notification

3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a) Name

VOLKSWAGEN AG

b) LEI

529900NNUPAGGOMPXZ31

4. Details of the transaction(s)

a) Description of the financial instrument, type of instrument, identification code

Type:	Share
ISIN:	DE0007664039

b) Nature of the transaction

Acquisition

c) Price(s) and volume(s)

Price(s)	Volume(s)
144.58000 EUR	19807.46 EUR
144.60000 EUR	60876.60 EUR
144.62000 EUR	63922.04 EUR

d) Aggregated information

Price	Aggregated volume
144.6061 EUR	144606.10 EUR

e) Date of the transaction

2019-04-02; UTC+2

f) Place of the transaction

Name:	Xetra
MIC:	XETR

03.04.2019 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language: English

Company:
VOLKSWAGEN AG
Berliner Ring 2
38440 Wolfsburg
Germany

Internet: www.volkswagenag.com/ir

End of News DGAP News Service

DGAP – ein Service der EQS Group AG
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Release according to Article 19 MAR: Ralf Brandstätter - 2019-04-03

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

18.03.2019 / 15:17
The issuer is solely responsible for the content of this announcement.

1. Details of the person discharging managerial responsibilities / person closely associated

a) Name

Title:	Dr.
First name:	Herbert
Last name(s):	Diess

2. Reason for the notification

a) Position / status

Position:

Member of the managing body

b) Initial notification

3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a) Name

VOLKSWAGEN AG

b) LEI

529900NNUPAGGOMPXZ31

4. Details of the transaction(s)

a) Description of the financial instrument, type of instrument, identification code

Type:	Share
ISIN:	DE0007664005

b) Nature of the transaction

Acquisition

c) Price(s) and volume(s)

Price(s)	Volume(s)
149.1817714 EUR	2088544.80 EUR

d) Aggregated information

Price	Aggregated volume
149.1817714 EUR	2088544.80 EUR

e) Date of the transaction

2019-03-15; UTC+1

f) Place of the transaction

Name:	Xetra
MIC:	XETR

18.03.2019 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language: English

Company:
VOLKSWAGEN AG
Berliner Ring 2
38440 Wolfsburg
Germany

Internet: www.volkswagenag.com/ir

End of News DGAP News Service

DGAP – ein Service der EQS Group AG
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Release according to Article 19 MAR: Dr. Herbert Diess - 2019-03-18 (German)

2016

Directors' Dealings | 29 März 2016 12:58

Notification concerning transactions by persons performing managerial responsibilities pursuant to section 15a of the WpHG Directors' Dealings notification transmitted by DGAP – a service of EQS Group AG. The person with duty of notification is solely responsible for the content of this announcement.

Details of the person subject to the disclosure requirement

Last name:	Dr. Blessing
First name:	Karlheinz
Company:	Volkswagen Aktiengesellschaft
Position:	Member of a managing body

Information about the transaction with duty of notification

Description of the financial instrument:	Volkswagen AG - Preferred Shares
ISIN/WKN of the financial instrument:	DE0007664039
Type of transaction:	Purchase
Date:	15.02.2016
Price:	98.10
Currency:	EUR
No. of items:	100
Total amount traded:	9810.00
Place:	XETRA

Information about the company with duty of publication
Issuer:
VOLKSWAGEN AG
Brieffach 1849
38436 Wolfsburg
Germany

ISIN: DE0007664039
WKN: 766403

End of Directors' Dealings Notification (c)

DGAP 29.03.2016 DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
ID 24937

Release according to §15a WpHG: Karlheinz Blessing - 2016-03-29

2015

Directors' Dealings | 29 September 2015 18:17

Notification concerning transactions by persons performing managerial responsibilities pursuant to section 15a of the WpHG Directors' Dealings notification transmitted by DGAP – a service of EQS Group AG.
The person with duty of notification is solely responsible for the content of this announcement.

Details of the person subject to the disclosure requirement

Last name:	Mosch
First name:	Peter
Position:	Member of an administrative or supervisory body

Information about the transaction with duty of notification

Description of the financial instrument:	Volkswagen AG – Preferred Shares
ISIN / WKN of the financial instrument:	DE0007664039
Type of transaction:	Purchase
Date:	September 24, 2015
September 24, 2015	120.00
Currency:	EUR
No. of items:	166
Total amount traded:	19,920.00
Place:	Tradegate

Information about the company with duty of publication
Issuer:
Volkswagen AG
Brieffach 1849
38436 Wolfsburg
Deutschland

ISIN: DE0007664039
WKN: 766403

End of Directors' Dealings Notification: September 29, 2015

Release according to §15a WpHG: Peter Mosch - 2015-09-29

2010

Directors' Dealings | 22 April 2010 15:23

Notification concerning transactions by persons performing managerial responsibilities pursuant to section 15a of the WpHG Directors' Dealings notification transmitted by DGAP - a company of EquityStory AG.
The person with duty of notification is solely responsible for the content of this announcement.

Details of the person subject to the disclosure requirement

Last name:	Dr. Piech
First name:	Hans Michel
Position:	Member of an administrative or supervisory body

Information about the transaction with duty of notification

Description of the financial instrument:	Subscription rights of preferred shares
ISIN/WKN of the financial instrument:	DE000A1DAKV5
Type of transaction:	Buy
Date:	06.04.2010
Price:	0.88
Currency:	EUR
No. of items	36
Total amount traded:	31.68
Place:	Wertpapierbörse Frankfurt

Information about the company with duty of publication
Issuer:
VOLKSWAGEN AG
Brieffach 1849
38436 Wolfsburg
Deutschland

ISIN: DE0007664039
WKN: 766403

End of Directors' Dealings Notification (c) DGAP 22.04.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Media archive at www.dgap-medientreff.de and www.dgap.de
ID 11211

Release according to §15a WpHG: Dr. Hans Michel Piëch - 2010-04-22

Directors' Dealings | 21 April 2010 14:14

Notification concerning transactions by persons performing managerial responsibilities pursuant to section 15a of the WpHG Directors' Dealings notification transmitted by DGAP - a company of EquityStory AG.
The person with duty of notification is solely responsible for the content of this announcement.

Details of the person subject to the disclosure requirement

Last name:	Dr. Piech
First name:	Hans Michel
Position:	Member of an administrative or supervisory body

Information about the transaction with duty of notification

Description of the financial instrument:	Volkswagen AG - Preferred Share
ISIN/WKN of the financial instrument:	DE0007664039
Type of transaction:	Buy
Date:	13.04.2010
Price:	65.00
Currency:	EUR
No. of items:	168
Total amount traded:	10920.00
Place:	Außerbörslich
Explanation for publication:	Exercise of subscription rights

Information about the company with duty of publication
Issuer:
VOLKSWAGEN AG
Brieffach 1849
38436 Wolfsburg
Deutschland

ISIN: DE0007664039
WKN: 766403

End of Directors' Dealings Notification (c) DGAP 21.04.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Media archive at www.dgap-medientreff.de and www.dgap.de
ID 11201

Release according to §15a WpHG: Dr. Hans Michel Piëch - 2010-04-21