Volkswagen : Presentation - Business and Human Rights

Disclaimer

The following presentations contain forward-looking statements and information on the business development of the Volkswagen Group. These statements may be spoken or written and can be recognized by terms such as "expects", "anticipates", "intends", "plans", "believes", "seeks", "estimates", "will" or words with similar meaning. These statements are based on assumptions, 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. These assumptions relate in particular to the development of the economic, political, and legal environment in individual countries and economic regions and the development of the automotive industry. Therefore the estimates given involve a degree of risk, and the actual developments may differ from those forecast. The Volkswagen Group currently faces additional risks and uncertainty related to pending claims and investigations in a number of jurisdictions in connection with findings of irregularities relating to exhaust emissions from diesel engines in certain Volkswagen Group vehicles. The degree to which the Volkswagen Group may be negatively affected by these ongoing claims and investigations remains uncertain.

The outbreak of COVID-19 (commonly referred to as coronavirus) has negatively impacted economic and social conditions in primary markets of Volkswagen, including China and Europe, as public, private, and government entities have implemented containment measures. The continued spread of COVID-19 has caused shortages of necessary materials and parts from suppliers directly or indirectly affected by the outbreak and has caused operational disruptions and interruptions at Volkswagen's production facilities, which led to production downtimes. The COVID-19 pandemic and the respective containment measures might continue to have a negative impact in the future.

A negative development relating to ongoing claims or investigations, the continuation of COVID-19, an unexpected fall in demand or economic stagnation in our key sales markets, such as in Western Europe (and especially Germany) or in the USA, Brazil or China, and trade disputes among major trading partners will have a corresponding impact on the development of our business. The same applies in the event of a significant shift in current exchange rates in particular relative to the US dollar, sterling, yen, Brazilian real, Chinese renminbi and Czech koruna.

If any of these or other risks occur, or if the assumptions underlying any of these statements prove incorrect, the actual results may significantly differ from those expressed or implied by such statements.

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.

2

BHR is developing from soft law to hard law

Business and Human Rights Due Diligence 2000 to date

South Africa

BBBEEUS Trafficking Victims Protection

Act (TVPA)Business Supply

Chain Transparency Act introducedGermany Act on Equal

TreatmentUSA Dodd-Frank ActGermany Equal Gender

Participation LawEU Directive on Non-Financial ReportingUK Bribery

ActSouth Africa

MWCPDUK Modern Slavery Act

UN Guiding Principles

U.S. Federal Acquisition Rule

(FAR)

U.S. Trade & Facilitation Enforcement

ActTanzania Mining Act

Thailand Labor Law

EU Female

TVPA 2017

EU Minerals

UK MinoritiesConflictquotaethnic

US Sex Trafficking bill
Ho Kong	ng MSA
US Ra Discl	Pay tio sure
Ch Con Min	na flict rals

Canada OmbudsmanCA Trucker

LawUK Procuremen t MSDraft for European Supply Chain Law 2021

NSW MSA

Australia MSAUS Corporate Transparency ActIrish

PayGender Gap

CA Gender BOD

German and Supply ChainValueDutch Child Labor Law

Initiative

20002008 2003

2010 2009

EU Directive on Preventing

Trafficking Human BeingsEstonia Gender

Equality Act

& Combatting in

Estonia Equal Treatment

Act

2012

2011

2013

California Transparency Supply Chainsin ActExOrder 13627: Strengthening Protection

Against Trafficking in Persons in Federal

Contracts

Russia Decree Ensuring Inter-Ethnic Harmony

2014

Business and

Supply Chain Transparency on Trafficking and Slavery Act re-introduced

2016

2017

France Duty o Vigilance Law	f
Germany Pay Structure

UAE CSR Law

Iceland Equa Pay

Swiss RBI

EU export control

2018

France Gend	er Wage Gap
UK Gende	r Pay Gap
US CAA Sa	nctions Act
FCPA Self-D Miscond	isclosure of uct Rule

2019

US MS	A
Germany HRDD Act

20202021

CA Gig EconomyMexico Labor Law gender equality (LFT)EU Worker

Rights

Canad	a MSA
Nor Supply Transpar Due Dilig	way Chain ency and ence Act
Discussion on a "Canadian Modern Slavery Act"