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Press Release

Volkswagen shareholders formally approve actions of Board of Management and Supervisory Board and adopt resolution on dividend for 2024

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Christopher Hauss
Christopher Hauss
Corporate Communications Head of Strategy & Finance Communications
+49 (0) 171 8769 225 christopher.hauss@volkswagen.de
Michael Brendel
Michael Brendel
Volkswagen Group Communications Head of Supervisory Board Communications
+49 (0) 152 0166 0713 michael.brendel@volkswagen.de
The 65th Annual General Meeting of Volkswagen Aktiengesellschaft

Wolfsburg. At the Annual General Meeting of Volkswagen AG, the shareholders followed the proposal of the Board of Management and Supervisory Board and resolved by a large majority to pay a dividend of EUR 6.30 per ordinary share and EUR 6.36 per preference share for the 2024 financial year. This corresponds to a payout ratio of around 30 per cent. Volkswagen’s preference shares yielded 7.1 percent based on the year-end closing price.

#Finance #Strategy

The resolution on the formal approval of the members of the Board of Management and the Supervisory Board who held office in fiscal year 2024 was passed.

Newly elected to the Supervisory Board was Mohammed Saif Al-Sowaidi. He succeeds Mansoor Ebrahim Al-Mahmoud, who was elected by the Annual General Meeting in 2022 to succeed the former member of the Supervisory Board, Hussain Ali Al Abdulla, for the remainder of his term of office. 

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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.