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Investor Presentaiton

VOLKSWAGEN GROUP CHINA Volkswagen Finance (China) - Gaining share in an expanding market Growing penetration of financing business Retail finance penetration (% of deliveries to customers for Volkswagen Group) Highest customer satisfaction¹) 2007 Cash Finance 90% 10% 8% 2% 2016 H1 Cash Finance 63% 37% 25% 12% 2018e 69 69 57 Cash Finance 50 55 VW FS Others VW FS Others VW FS Others Average Total Volkswagen Finance Other Banks Credit AFC2) Cards 1) 2014-2015 China Auto Finance Consumer Behavior Report (Conducted by Ipsos and VWFC) 2) Other Automotive Finance Companies Financial Services China: Strategic growth dimensions Leasing / Credits Fleet Management Volkswagen Group China - Balancing the "New Normal" Used Cars Financials New Mobility After Sales / Insurance Investments Financial Services 45
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