Volkswagen Group China Strategy and BEV Outlook

Recap of the Capital Markets Day (June 21st, 2023) VOLKSWAGEN GROUP >>> Regionally balanced footprint: Tailored investments & overall reduced asset intensity Cult Entrep shift & capital market orientation: spirit paired with focus on cash flow & ty throughout the organization « GR « #CMD23 Capital Markets Day 2023 VOLKSWAGE GROUP BE 4.6 VOLKSWAGEN GROUP 2022 2027 2030 ht pportunity y Agreed term sheet with Mahindra Subcontinent based on S&P Global Mobility Light Vehicle Forecast May 2023) ~200 in-person guests at Porsche Experience Center T ~16,000 virtual guests attending live-webcasts 4

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