Volkswagen Group China Strategy and BEV Outlook

Continued resilient Performance of the underlying operating results Underlying Operating Result 1, 2 [€ bn] Reported operating profit 1 Fair value of derivatives outside hedge accounting | Underlying operating profit 1 VOLKSWAGEN GROUP Q2 2022 Q3 2022 Q4 2022 Q1 2023 Q2 2023 2.4 7.1 4.3 0.1 4.4 5.1 1.3 7.1 1.2 6.8 4.0 5.7 5.6 4.7 -1.1 Deliveries ['000] 1,977 2,181 2,206 2,041 2,332 Vehicle sales ['000] 2,012 2,236 2,238 2,124 2,324 Sales revenue [€ m] 69,543 70,712 76,235 76,198 80,059 1. Before special items | 2. Previous year adjusted (IFRS 17) 34

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