Volkswagen Group China Strategy and BEV Outlook

VOLKSWAGEN GROUP Brand Group Trucks – TRATON 1 Vehicle Sales ['000 units] 138 +22% - Sales Revenue [€ bn] 168 18 Jan-Jun 2022 Jan-Jun 2023 Operating Result ¹ [€ bn / Ros] +191% 7 1.8 Jan-Jun 2022 +27% 22 Jan-Jun 2023 Net Cash Flow 2 [€ bn] 1.0 TRATON Key Takeaways Vehicle sales +22%, revenue +27% Revenue growth driven by strong volume, positive price/mix and growth in vehicle services Net cash flow € 1bn 0.6 3.5% Jan-Jun 2022 8.1% -1.5 Jan-Jun 2023 Jan-Jun 2022 Jan-Jun 2023 1. TRATON Operations excluding Financial Services 1 2. Reported figure MAN 26 26

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