Volkswagen Group China Strategy and BEV Outlook

VOLKSWAGEN GROUP Brand Group Progressive Vehicle Sales ['000 units] 513 +28% 655 30 Jan-Jun 2022 Jan-Jun 2023 Operating Result ¹ [€ bn / Ros] -31% 5.0 3.4 16.6% 10.0% Jan-Jun Sales Revenue [€ bn] +14% Jan-Jun 2022 34 Jan-Jun 2023 Net Cash Flow 2 [€ bn] 2.6 -27% 1.9 8 BENTLEY LAMBORGHIN DUCATI Key Takeaways Underlying margin 12.6% Audi 8.0% ROS burdened by fair value effects; underlying margin 10.9% Bentley 23.2% ROS Lamborghini 32.1% RoS MD Jan-Jun 2022 1. Before special items | 2. Reported figure Audi A6 Avant e-tron: Concept car 2023 Bentley Bentayga Speed: combined 14.7 l/100 km; CO2-emissions in g/km: 335 (combined) Lamborghini Urus S: combined 14.1 l/100km; CO2-emissions in g/km: 320 (combined) Jan-Jun 2022 Jan-Jun 2023 Only consumption and emission values according to WLTP and not according to NEFZ are available for the vehicle Only consumption and emission values according to WLTP and not according to NEFZ are available for the vehicle 22 22

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