Volkswagen : Bank of America European Autos & Future Car Virtual Conference 2023

Bank of America

European Autos & Future Car

Virtual Conference 2023

Volkswagen Financial Services | Dr. Christian Dahlheim

Bank of America - European Autos & Future Car Virtual Conference 2023 | Dr. Christian Dahlheim

Disclaimer

The following presentations as well as remarks/comments and explanations in this context contain forward-looking statements on the business development of the Volkswagen Group. These statements are based on assumptions relating to the development of the economic, political and legal environment in individual countries, economic regions and markets, and in particular for the automotive industry, which we have made on the basis of the information available to us and which we consider to be realistic at the time of going to press. The estimates given entail a degree of risk, and actual developments may differ from those forecast. All figures are rounded, so minor discrepancies may arise from addition of these amounts.

At the time of preparing these presentations, it is not yet possible to conclusively assess the specific effects of the latest developments in the Russia-Ukraine conflict on the Volkswagen Group's business, nor is it possible to predict with sufficient certainty to what extent further escalation of the Russia-Ukraine conflict will impact on the global economy and growth in the industry in fiscal year 2023.

Any changes in significant parameters relating to our key sales markets, or any significant shifts in exchange rates, energy and other commodities or the supply with parts relevant to the Volkswagen Group will have a corresponding effect on the development of our business. In addition, there may also be departures from our expected business development if the assessments of the factors influencing sustainable value enhancement and of risks and opportunities presented develop in a way other than we are currently expecting, or if additional risks and opportunities or other factors emerge that affect the development of our business.

We do not update forward-looking statements retrospectively. Such statements are valid on the date of publication and can be superseded.

This information does not constitute an offer to exchange or sell or an offer to exchange or buy any securities.

Under the brand "Volkswagen Financial Services - the key to mobility" the subsidiaries of Volkswagen Financial Services AG as well as its sister company Volkswagen Bank GmbH render various services under the joint brand "Volkswagen Financial Services". Such services are banking services (through Volkswagen Bank GmbH), leasing services (through Volkswagen Leasing GmbH), insurance services (through Volkswagen Versicherung AG, Volkswagen Autoversicherung AG) as well as mobility services (inter alia through Volkswagen Leasing GmbH). In addition, insurance products of other providers are offered.

Bank of America - European Autos & Future Car Virtual Conference 2023 | Dr. Christian Dahlheim

Roadmap for mobility platform		via Volkswagen Group
		via EMG
	ONE FLEET1	via 3rd party
From minutes …	… to years

Micro

Hail / Pool

Share

Rent

Subscribe

Lease

Finance

Brands as face to the customer

Integrated mobility platform as backbone for B2B & B2C

ONE FLEET1 operated by EMG

1. Target picture, including vehicles of competitors, referring to subscription & rental; fleet usage for share & hail/pool

Bank of America - European Autos & Future Car Virtual Conference 2023 | Dr. Christian Dahlheim

INTERNAL

Customers and mobility providers each have two core needs

Customers

Mobility providers

"I would like to get from A to B now / soon.

"We are looking for our next car (or our next mobility flatrate).

INTERNAL

"We want to optimize the utilization of our fleet.

mobility platform

"We need to optimize the vehicle lifetime value.

Bank of America - European Autos & Future Car Virtual Conference 2023 | Dr. Christian Dahlheim

A mobility platform is not just an app for end customers

- it's much more!

Mobility platform

Customer Front-Ends

"Vehicle on Demand"

Vehicle lifetime management

Refinancing

Fleet management

Residual value management & car data analytics

Remarketing platform

Bank of America - European Autos & Future Car Virtual Conference 2023 | Dr. Christian Dahlheim

INTERNAL