Investor, Analyst and Media Call Q1 2023

May 4th 2023

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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 Such statements are valid on the date of publication and can be superseded.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.

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AGENDA

Highlights

Volkswagen Group Highlights Q1 2023

Gigafactory Valencia: Starting of

New version, next level:

World premiere of new efficiency

construction of second cell factory

Launch of the new ID.3 Facelift

champion: Volkswagen ID.7

Canada chosen as location for first overseas gigafactory

Iconic Scout brand to deliver

More luxury, more performance:

its first BEV in 2026

Presentation new Porsche Cayenne

ID.3 Pro: Power consumption combined: 16.5 - 15.2 kWh/100km (WLTP ), CO2 emissions combined: 0g/km, CO2 efficiency class: A+++

VW ID.7 Near-production concept car. The vehicle has not gone on sale yet.

Porsche Cayenne: combined 12.1 - 10.8 l/100 km; CO2-emissions in g/km: 275 -246 (WLTP)

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The Volkswagen ID.7 -

Our New Efficiency Champion on MEB Platform

Range of up to 700km, superior powertrain, spacious interior and ICV technologies

High efficiency and impressive performance

  • Range of up to 700km acc. to WLTP
  • Fast charging of up to 200kW
  • Performance output of 286 horsepower
  • 550 Nm torque from new APP550 drive
  • 15" center display
  • AR head up display
  • New user interface including an Avatar function
  • Remote parking function
  • Travel Assist 2.5 with swarm data
  • Over the air updates

New body design

  • Spaciousness
  • 6th model on MEB platform
  • Entering new BEV segment with MEB
  • High-qualityinterior
  • Panoramic sunroof with switchable smart glass
  • Sustainable & pet-free interior
  • "Smart air vents"

Premium technology / software

Superior comfort

VW ID.7 Near-production concept car. The vehicle has not gone on sale yet.

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Volkswagen AG published this content on 04 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 May 2023 08:19:12 UTC.