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Volkswagen in the U.S.: An Evolving Growth Story Deutsche Bank Global Auto Industry Conference Michael Lohscheller – EVP CFO, Volkswagen Group of America, Inc. Detroit, 10 January 2012 Disclaimer This presentation contains 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 relating to the develo