Investor Relations activities

International analysts and investors remained keenly interested in the business development of the Volkswagen Group during the 2013 fiscal year. The Investor Relations team provided extensive information at more than 800 one-on-one discussions, roadshows and conferences at all key financial centers worldwide about the strategic focus, current business performance and future prospects of the Volkswagen Group and its brands. Many of these discussions involved a direct exchange of ideas between capital market participants and members of the Board of Management and Group senior executives.

The decision to make the focus of our investor relations activities even more international by establishing an additional presence in Beijing was welcomed by capital market participants. Growing numbers of them are taking advantage of the opportunity to get first-hand information locally about activities and the strategy for the Chinese operations, which are important for the Volkswagen Group. With other offices in Wolfsburg, London and Herndon (USA), Volkswagen Investor Relations covers the most important regions for the capital markets and the Volkswagen Group.

The investor relations team also briefed Volkswagen’s private shareholders on the Company’s performance at numerous events. Among other things, it had its own stand at the Annual General Meeting and was available to answer questions in personal discussions. As in previous years, Investor Relations also provided support for Group Treasury’s global capital market activities.

In addition to direct dialog, investors and analysts were supplied with the latest news and publications using the Internet. Our website recorded approximately 3.4 million hits, reaching the previous year’s level and underlining the tremendous importance of digital media as an information channel for investors. This is the reason the Annual Media and Investor Conference held in March 2013, the shareholder meetings and the conference calls of the Volkswagen Group on the quarterly results for 2013 were additionally broadcast live on the Internet.

We also promptly published online all presentations given in connection with events that were of interest to investors on our investor relations website at www.volkswagenag.com/ir.

HIGHLIGHTS IN THE INVESTOR RELATIONS CALENDAR

At the Annual Media and Investor Conference in Wolfsburg on March 14, 2013, the Group’s Board of Management looked back on a successful fiscal year in 2012, answered questions from media representatives, analysts and investors, and gave its outlook for the Company and the industry. The day before, on March 13, members of the Board of Management of AUDI AG presented analysts and investors with information on the premium brand’s performance and strategy in the Audi Technology Center in Munich.

A Capital Markets Day was held in Mladá Boleslav, Czech Republic, at the beginning of June 2013. The areas of focus were the presentation of the ŠKODA brand and the Volkswagen Group’s Eastern European strategy, in which the Czech brand plays a key role. The CEO of ŠKODA and other members of the brand board of management and senior executives provided a comprehensive overview of the company’s development and objectives. The director-general of Volkswagen Group Rus explained the strategic focus of the Group in Russia, Eastern Europe’s most important market.

The Volkswagen Group received the Corporate Finance Award for fiscal year 2012 from financial journal “Börsen-Zeitung” on June 28, 2013. The award recognizes outstanding transactions

from a corporate strategy and financing perspective. The jury cited the successful creation of the integrated automotive group with Porsche, the expansion of the commercial vehicles business by acquiring a majority stake in MAN SE and the successful issue of a mandatory convertible note as the reasons for its choice.

On September 9, 2013, one day before the opening of the Frankfurt Motor Show, members of the Group Board of Management and members of the brand boards of management provided in-depth briefings to our analysts and investors on the status of the implementation of our Strategy 2018 at another Capital Markets Day. The chief development officer of the Volkswagen Passenger Cars brand gave a talk on sustainable mobility and efficient drive technologies, which was followed by a presentation by the CEO of Volkswagen Financial Services AG on the growing importance of attractive financial services at the global level. The Board of Management member with responsibility for China spoke at length about what is now the Group’s largest sales market. The closing speech was given by the Chief Financial Officer of the Volkswagen Group, who outlined the Group’s brand and product strategy as well as its results of operations. In the evening, our guests at the Volkswagen Group Night were given an overview of new features of the Group brands, with electric and hybrid vehicles in the spotlight.

OUR INVESTOR RELATIONS TEAM
IS AVAILABLE FOR QUERIES AND COMMENTS:


WOLFSBURG OFFICE (VOLKSWAGEN AG)
Phone +49 5361 9–86622 IR Hotline
Fax +49 5361 9–30411
E-mail investor.relations@volkswagen.de
Internet www.volkswagenag.com/ir


LONDON OFFICE
Phone +44 20 3693 6060


BEIJING OFFICE
Phone +86 10 6531 3000


INVESTOR RELATIONS LIAISON OFFICE
(VOLKSWAGEN GROUP OF AMERICA, INC.)
(Questions relating to American Depositary Receipts)
Phone +1 703 364 7000