大众集团2025 财年关账前沟通会-2026-01-企业研究.pdfVIP

VolkswagenAG

Pre-CloseCallFY2025

January21,2026

Disclaimer

Thefollowingpresentationsaswellasremarks/commentsandexplanationsinthiscontextcontainforward-looking

statementsonthebusinessdevelopmentoftheVolkswagenGroup.Thesestatementsarebasedonassumptionsrelatingto

thedevelopmentoftheeconomic,politicalandlegalenvironmentinindividualcountries,economicregionsandmarkets,

andinparticularfortheautomotiveindustry,whichwehavemadeonthebasisoftheinformationavailabletousandwhich

weconsidertoberealisticatthetimeofgoingtopress.Theestimatesgivenentailadegreeofrisk,andactual

developmentsmaydifferfromthoseforecast.

Allfiguresarerounded,sominordiscrepanciesmayarisefromaggregationoftheseamounts.

Anychangesinsignificantparametersrelatingtoourkeysalesmarkets,oranysignificantshiftsinexchangerates,energy

andothercommoditiesorthesupplywithpartsrelevanttotheVolkswagenGroupwillhaveacorrespondingeffectonthe

developmentofourbusiness.Inaddition,theremayalsobedeviationsfromourexpectedbusinessdevelopmentifthe

assessmentsofthefactorsinfluencingsustainablevalueenhancementandofrisksandopportunitiespresenteddevelopin

awayotherthanwearecurrentlyexpecting,orifadditionalrisksandopportunitiesorotherfactorsemergethataffectthe

developmentofourbusiness.

Wedonotupdateforward-lookingstatementsretrospectively.Suchstatementsarevalidonthedateofpublicationandcan

besuperseded.

Thisinformationdoesnotconstituteanoffertoexchangeorselloranoffertoexchangeorbuyanysecurities.

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