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Investor Presentaiton

Market Expectations Car Market May 2015 Millions 3,0 0 2,0 1,0 VOLKSWAGEN GROUP RUS - Car financing incentives - Scrappage incentives - FBU tariff -5% (WTO accession) Car financing incentives - Scrappage incentives - Scrappage incentives - Car financing incentives 0,0 2006 2008 2010 2012 2014 2016 2018 2020 2022 2024 2026 Volkswagen Group Rus | PS | June 2015 3
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