Investor Presentaiton

VOLKSWAGEN GROUP CHINA Strong volume and profit development of Volkswagen Group China Volkswagen Group deliveries to customers and proportionate operating profit in China Deliveries to customers (in '000) 6,000 Proportionate operating profit 6,000 Deliveries to customers € 5,182 € 5,214 5,000 5,000 € 4,296 4,000 € 3,678 4,000 3,000 € 2,616 3,675 3,549 € 2,366 3,000 3,271 2,813 2,000 2,259 1,000 2,000 1,862 1,000 0 0 2011 2012 2013 2014 2015 H1 2016 Volkswagen Group China - Balancing the "New Normal" Financials Investments Proportionate op. profit ( in € million) Financial Services 31

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