Annual Report 2025

Notes

Responsibility Statement

To the best of our knowledge, and in accordance with the applicable reporting principles, the consolidated financial statements give a true and fair view of the assets, liabilities, financial position and profit or loss, as well as the cash flows of the Group, and the Group management report includes a fair review of the development and performance of the business and the position of the Group, together with a description of the material opportunities and risks associated with the expected development of the Group.

Wolfsburg, February 24, 2026

Volkswagen Aktiengesellschaft
The Board of Management

A signature of Oliver Blume (signature)

Oliver Blume

A signature of Dr. Arno Antlitz (signature)

Arno Antlitz

A signature of Ralf Brandstätter (signature)

Ralf Brandstätter

A signature of Dr. Gernot Döllner (signature)

Gernot Döllner

A signature of Dr. Manfred Döss (signature)

Manfred Döss

A signature of Thomas Schäfer (signature)

Thomas Schäfer

A signature of Thomas Schmall-von Westerholt (signature)

Thomas Schmall-von Westerholt

A signature of Hauke Stars (signature)

Hauke Stars