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Investor Presentaiton

VOLKSWAGEN GROUP RUS Russia: Number of car owners is growing 106 28 Number of vehicles and commercial vehicles per 1.000 resident 815 588 575 568 515 346 326 401 in 20202) Over the last 10 years, parc of cars in Russia grew by almost 60% - from 25.57 million units at the beginning of 2006 to 40.85 million units of the beginning of 2015. At the same time the parcs of the leading European countries are growing with much slower pace. If the trends continue, the Russian parc in 2-3 years will be the largest in Europe. 178 1) Equals Western Europe 2) 2020 forecast, Source: Autostat, VGR Source: WinFor Study October 2014 (Cars & Trucks); Volkswagen Group; IHS (as per 15 March 2013; rounded numbers. Volkswagen Group Rus | PS | June 2015 4
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