Investor Presentaiton

VOLKSWAGEN Volkswagen Group Q2 - Analysis by Brand and Business Field GROUP VEHICLE SALES (`000) SALES REVENUE (€ m) OPERATING RESULT (€ m) OPERATING MARGIN (%) Q2 2023 Q2 2022 Q2 2023 Q2 2022 Q2 2023 Q2 20221 Q2 2023 Q2 20221 Brand Group Core Volkswagen Passenger Cars ŠKODA SEAT Volkswagen Commercial Vehicles Tech. Components Consolidation Brand Group Progressive (Audi) 1,257 1,038 35,601 28,649 2,031 1,769 5.7 6.2 792 681 22,495 18,444 1,033 1,347 4.6 7.3 270 216 6,954 5,122 369 339 5.3 6.6 163 129 3,849 2,973 227 -102 5.9 -3.4 108 80 3,819 2,752 277 140 7.3 5.1 6,064 4,533 201 4 3.3 0.1 -76 -69 -7,579 -5,174 -76 41 332 269 17,286 15,588 1,601 1,430 9.3 9.2 Brand Group Sport Luxury (Porsche Automotive ) 2 86 83 9,559 9,108 1,926 1,904 20.1 20.9 CARIAD 160 139 -659 -562 Battery -109 TRATON Commercial Vehicles 84 70 11,393 9,261 923 286 8.1 3.1 MAN Energy Solutions 974 871 107 76 11.0 8.7 At equity accounted companies in China 3 744 665 Volkswagen Financial Services 12,132 10,990 774 1,474 6.4 13.4 Other4 -178 -113 -7,047 -5,106 -996 -1,648 Volkswagen Group before special items 5,600 4,722 Special Items -230 Volkswagen Group 2,324 2,011 80,059 69,500 5,600 4,491 7.0 6.5 thereof: Automotive Division 5 2,324 2,011 67,106 57,856 4,537 2,942 6.8 5.1 Of which: Passenger Cars Business Area Commercial Vehicles Business Area Power Engineering Business Area Financial Services Division 2,240 84 1,941 70 54,739 47,724 3,507 2,579 6.4 5.4 11,393 974 12,953 9,261 924 288 8.1 3.1 871 11,644 106 75 10.9 8.6 1,062 1,550 8.2 13.3 1. Previous year adjusted (IFRS 17) 12. Porsche (including Financial Services): sales revenue € 10,529 (9,879) million, operating result € 2,012 (2,013) million 13. The sales revenue and operating result of the equity-accounted companies in China are not included in the consolidated figures; the share of the operating result generated by these companies amounted to € 527 (578) million 14. In the operating result, mainly intragroup items recognized in profit or loss, in particular from the elimination of intercompany profits; the figure includes depreciation and amortization of identifiable assets as part of purchase price allocation, as well as companies not allocated to the brands I 5. Including allocation of consolidation adjustments between the Automotive and Financial Services divisions. 37

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