Volkswagen AG · XETR:VOW
Volkswagen — Non-Deal Roadshow (October 2026)
82 slides from Volkswagen's roadshow presentation, Oct 29, 2026
Slide 1: Volkswagen AG Roadshow Presentation November 2026
Volkswagen AG Roadshow Presentation November 2026
Slide 2: Disclaimer
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 envir
Slide 3: 9M Financial Performance
1 9M Financial Performance 2 Volkswagen Group Strategy
Slide 4: Volkswagen Group Key Developments in Q3 2026
Volkswagen Group Key Developments in Q3 2026 Electric Urban Car Family: Successful launch NEW Atlas: Start of production of the next NEW Audi Q9: Strengthening our premium with around 150k orders received generation in the U.S. position in the SUV segment in the US Supervisory Board approval of Grou
Slide 5: Volkswagen Group Deliveries by Region
Volkswagen Group Deliveries by Region Deliveries below prior-year levels in key regions, China significantly lower in weak market Europe1 North America +1.7% China Q3: -2.3% -4.0% -30.2% Q3: -5.8% Q3: -38.5% 9M 2025 9M 2026 9M 2025 9M 2026 World 9M 2025 9M 2026 South America -9.0% Q3: -14.3% +4.3% Q
Slide 6: Volkswagen Group 9M BEV & PHEV Deliveries
Volkswagen Group 9M BEV & PHEV Deliveries Strong BEV growth in Europe partially compensated market pressure in China & North America Top BEV Models 9M 2026 Annual Development [k vehicles] Elroq ID.3 18.2% 20.0% 92k 61k 10.9% 11.3% 718 ID.4/5 Q6 e-tron 679 82k 50k 368 299 Enyaq ID.7 73k 47k 9M 2025 9
Slide 7: Volkswagen Group Order Situation
Volkswagen Group Order Situation European1 order book up 11% year-to-date, order book reach at ~3 months Order book Order intake BEV order intake up 39% year-to-date [k vehicles] [k vehicles] +4% 2,912 3,025 +11% 950 1,054 Dec Sep Jan - Sep Jan - Sep 2025 2026 2025 2026 launched in July 1. EU 27+4.
Slide 8: BEVs accounting for ~40% of the European order book
BEVs accounting for ~40% of the European order book Share almost doubled since 2024 BEV share in European order book [% of total order book] BEV share strongly up to 40% as per September 2026, 40% up 18ppt since 12/2025 BEV order momentum supported in particular by the Electric Urban Car Family with
Slide 9: Financial Overview
Financial Overview 9M operating result impacted by significant special effects and soft China business Vehicle Sales Sales Revenue Operating Result & Margin [m vehicles] [€ bn] [€ bn] Margin [%] -2% 238.7 233.4 2.3% 0.0% -99% 5.4 -11% 6.6 5.9 ex China JVs 4.7 4.7 -1 % YoY 0.1 Jan-Sep Jan-Sep Jan-Se
Slide 10: Operating Result and Profitability
Operating Result and Profitability € 8.7bn negative special effects impacting 9M 2026 results, of which € 7.8bn in Q3 Operating Result & Margin Special effects in 9M 2026 [Margin in %, Operating Result in € bn] € 7.8bn special effects in Q3 € 8.8bn ~4% € 6.4bn Porsche (excl. special effects) good
Slide 11: Profit Before and After Tax
Profit Before and After Tax Profit after Tax below prior year due to special effects booked in Q3 Profit before Tax Profit after Tax Earnings per Preferred Share [€ bn] [€ bn] [€] -91% 6.1 n/a 7.06 n/a 3.4 0.5 -2.7 -4.07 Jan-Sep Jan-Sep Jan-Sep Jan-Sep Jan-Sep Jan-Sep 2025 2026 2025 2026 2025 2026 1
Slide 12: Automotive Net Cash Flow and Net Liquidity
Automotive Net Cash Flow and Net Liquidity Reduced investments and portfolio measures support Net Cash Flow Rep. Net Cash Flow1 'Clean' Net Cash Flow1, 2 Net Liquidity1 [€ bn] [€ bn] [€ bn] Incl. -0.5 special contribution to -1.5 pensions funding 34.5 33.0 +2.6 +0.3 4.4 3.5 3.9 1.8 Jan-Sep Jan-Sep J
Slide 13: Automotive Net Liquidity
Automotive Net Liquidity Net liquidity remains at solid level despite hybrid bond redemption, Rivian payment and dividend Reported Net Cash Flow (+€ 4.4bn)1 +0.6 -3.4 +3.5 +0.3 -1.7 of which: 34.5 Bugatti +0.9 -0.8 Rivian -0.9 33.0 Sinotruk +0.7 31 Dec Operating Dividend of M&A Dividends Hybrid Capi
Slide 14: Operating Result by Division
Operating Result by Division Passenger Cars significantly burdened by special effects – solid operating performance in Commercial Vehicles and Financial Services despite dynamic environment Automotive Division1 Financial Services Division Passenger Cars Commercial Vehicles Financial Services Operati
Slide 15: Passenger Cars and Light Commercial Vehicles
Passenger Cars and Light Commercial Vehicles Volume drags, mix suffers from BEV while fix cost work masked by special effects Operating Result [€ bn] Margin [%] 2.2 -3.4 Volume & other: -1.1 Mix: -1.8 Price: -0.6 ∑ -1.7 1.2% Tariffs1: +0.1 +1.4 -3.1 +0.7 -0.4 Overhead cost: +0.6 -1.5% Other: +0.8 -
Slide 16: Overhead Cost Development Automotive Division
Overhead Cost Development Automotive Division Overhead cost [as % of Automotive revenue] TRATON [in €bn] Passenger Cars [in €bn] 18.5% Overhead cost improved in absolute terms after 9M 15.7% 15.9% 16.1% 2026, particularly driven by Passenger Cars 43.1 45.5 Overhead cost ratio slightly 5.2 7.2 up du
Slide 17: 9M 2026 Performance Brand Groups
9M 2026 Performance Brand Groups BGC showing resilience in dynamic market, BGP impacted by China; BGSL improving Core Progressive Sport Luxury Vehicle Sales [k units] 3,753 (flat) 771 (-9%) 176 (-11%) Sales Revenue [€ bn] 106.4 (flat) 42.1 (-13%) 22.1 (-7%) Operating Result [€ bn] 4.3 (-8%) 1.2 (-26
Slide 18: 9M 2026 Performance Brand Group Core
9M 2026 Performance Brand Group Core Škoda with continued strong performance, VW brand below expectations excl. Last 4 quarters 9M 26 special trend (reported) effects1 Brand Group Core 4.1% 4.9% Volkswagen Brand 1.3% 2.6% Škoda 8.3% SEAT/CUPRA 0.1% VW Commercial Vehicles 3.8% Group Components 6.5% 1
Slide 19: 9M 2026 Performance Brand Group Trucks – TRATON
9M 2026 Performance Brand Group Trucks – TRATON1 Sales revenue momentum further accelerating Revenue up on higher unit sales; International with strong momentum in Q3 Operating result strengthened through operational Sales Revenue [€ bn] 31.9 (+2%) improvement, offset by tariffs, rising input costs
Slide 20: 9M 2026 Performance Volkswagen Financial Services
9M 2026 Performance Volkswagen Financial Services Volkswagen Financial Services1 Solid development of Operating Result [€ bn] 3.0 (-3%) business and margin Volkswagen Growth of contract volume Group Mobility and strong cost discipline Contracts [‘000 units] 27,850 (+1.5%) Increased residual value ri
Slide 21: Automotive Investment Ratio
Automotive Investment Ratio Focused investment spend discipline continues with further notable reduction in 9M 2026 [in € bn & in % of Automotive Division sales revenue] CAPEX R&D Investment spend significantly reduced y-o-y 13.0% 11.4% in absolute and relative 11.8% 11 – 12% € 24.3bn 10.9% terms €
Slide 22: China Joint Ventures: Proportionate Operating Result
China Joint Ventures: Proportionate Operating Result Lower volumes and impairment of legacy platform overshadow strong cost work 2026 performance driven by ∑ 958 • sharply lower volumes in weak market with fierce competition 214 • cost related to new NEV 238 launches with first contributions from Q3
Slide 23: Financial Outlook Full Year 2026
Financial Outlook Full Year 2026 FY 2025 9M 2026 Outlook FY 20261 Sales Revenue € 321.9bn € 233.4bn around € 315bn Operating Profit Margin 2.8% 0.0% up to 1% Automotive Investment Ratio2 11.8% 10.9% 11% to 12% Automotive Reported Net Cash Flow € 6.4bn € 4.4bn € 3bn to € 6bn Automotive Net Liquidity
Slide 24: Volkswagen Group Strategy
1 9M Financial Performance 2 Volkswagen Group Strategy
Slide 25: Group Target Picture 2030 initiatives
Group Target Picture 2030 | 12 initiatives 01 TARGET PICTURE 02 FINANCIAL FRAMEWORK I. TECHNOLOGY II. PERFORMANCE III. STEERING 03 Product Portfolio 06 Operational Excellence 10 Investment Portfolio 04 Technology Roadmap 07 Leadership and Incentives 11 Regions (CN, NAR, EU) 05 Production Network 08
Slide 26: Product Portfolio | Record product launch offensive
Product Portfolio | Record product launch offensive >20 new models 26 in 2026 30 new models in 2025 30 new models in 2024 26
Slide 27: Product Portfolio | Building a future-proof model portfolio
Product Portfolio | Building a future-proof model portfolio 2035 EU target portfolio E/F D C B A A0 Focus Adjacent BEV Non-BEV/PHEV 27
Slide 28: Product Portfolio | Targeted reduction of portfolio
Product Portfolio | Targeted reduction of portfolio -45% fewer models +60% avg. volume per hat 2026 2030 2035 BEV Non-BEV/PHEV avg. profit per car Targeted transformation of Reduction of variants and Significantly lower cost of volume/premium portfolio niche models esp. in volume segment R&D, produc
Slide 29: Technology | Convergence to future technology paths
Technology | Convergence to future technology paths Technology paths Eastern Western 2030 scope Future paths Hemisphere Hemisphere E/E Architectures 10 3 CEA RVT Next Gen ICE ADAS 6 2 CARIZON CAS1 AI partner Infotainment 6 2 CEA RVT ICE Platforms 5 4 MQB MQB, MSB, MMB, MLB BEV Platforms 5 3 CSP, CMP
Slide 30: E/E | Best-in-class in-house capabilities and partnerships
E/E | Best-in-class in-house capabilities and partnerships RVT CEA Full vehicle competence In China, for China EU Design NAR CEA Hub CN RVT JV Global solution Safety ME INDIA ASEAN Localization Integration SAM Brazil Technology synergies with SAF OCEANIA Localization Dynamics southern hemisphere Und
Slide 31: ADAS | Future-proof, flexible solutions for each hemisphere
ADAS | Future-proof, flexible solutions for each hemisphere Western hemisphere Eastern hemisphere • L2+: ~80% of volume served • L2+/L2++ as standard, highly in-house1 competitive ADAS solution in place • L3/L4: Securing best-in-class • L3: On track towards readiness by 2027 solution with low upfron
Slide 32: Production Network | Adjustment of EU capacity decided
Production Network | Adjustment of EU capacity decided Emden Crewe Wolfsburg (2027) Poznań Osnabrueck Września (2026) Hanover Leipzig Dresden Brussels Zwickau (2026) (2025) Kvasiny (2027) Mladá Boleslav Neckarsulm Future Volkswagen (2024) Ingolstadt Bratislava Zuffenhausen Agreed reduction by 735k u
Slide 33: Production Network
Production Network Securing highly synergetic, cost-competitive production set-up High-cost plants Stringent product allocation to most Volume Capacity cost-competitive locations > Utilization levels to increase by up to 20 ppt > Consequent cross-brand optimization 27 28 29 30 31 32 33 34 Low-cost p
Slide 34: Operational Excellence | Main levers and fields of action
Operational Excellence | Main levers and fields of action Research & Development Procurement Production Engineering complexity Near-/Offshoring & commercial lever Automation Testing effort and value depth Supply-chain and supplier Production efficiency Relocation and AI enablement Requirements and s
Slide 35: Consistent Execution of portfolio measures
Consistent Execution of portfolio measures Proceeds Signed; closing by €10 bn 51% stake sale ~€7.4 bn end 2026 envisaged Signed; closing expected 100% sale ~€0.3 bn in Q4 remaining stake ~€1.0 bn Completed in Q3 proceeds from disposals in 2025/2026 25% share → 18.1% ~€0.7 bn Implemented in Q1 and Q3
Slide 36: Volkswagen Group in Europe
Volkswagen Group in Europe Strong execution along product, quality, software and cost 2027 Product & Quality Software Cost & Capacity Successful launches of Competitive software in series, Reduction of workforce, overhead award-winning models, first RV Tech SDV launch cost and capacity along 2024/25
Slide 37: Customer orders for new segment more than doubling budget
With that we re-defined a segment with customer orders more than duplicating budget Unlocking A0 Scale Total A0–B BEV 2.8 m market CUSTOMER ORDERS* CUSTOMER ORDERS* CUSTOMER ORDERS* CUSTOMER ORDERS* 624k BGC 10,308 33,653 51,215 53,000 22.1% BGC share +138 % vs. Budget +244% vs. Budget +122 % vs. Bu
Slide 38: Implementation of 2024/2025 agreements as planned
Implementation of 2024/2025 agreements as planned Volkswagen AG2 (Germany) Volkswagen Group (Germany) Wage reduction [active3 workforce in ‘000] [active2 workforce in ‘000] VW Sachsen & €2 bn VW Osnabrück -25k VW AG (-9%) 275.4 Reduction of 250.8 technical capacity 1m vehicles1 -19k (-16%) 115.1 14.
Slide 39: Securing battery value chain and ramp-up for Europe
Securing battery value chain and ramp-up for Europe PowerCo and Gotion deepen strategic partnership Agreement between PowerCo and Gotion on Šurany joint LFP cell and CAM1 production for Europe Valencia Strong strategic value ~10 GWh/a LFP • Access to leading battery technology & industrialization ex
Slide 40: Volkswagen Group China: NEV model offensive gaining momentum
Volkswagen Group China NEV model offensive gaining momentum 01 Product In China developed Competitive Product Competitive Cost State-of-the-art Tech 15 new models from VW and AUDI CMP material cost halved vs. MEB, CEA launched and further developed launched of in total 20 by end of 2026 significant
Slide 41: Leverage China's capabilities to strengthen global competitiveness
Leverage China’s capabilities to strengthen global competitiveness 01 | Speed 02 | Cost Competitiveness 03 | Performance Development Export Enable in China f ro m C h i n a C h i n a -Te ch › VCTC at full scale with › China-built cars for › E/E zonal concept & independent release selected internatio
Slide 42: Great progress in product cost reduction
Great progress in product cost reduction – organization set up for continuous cost optimizations CMP MATERIAL COST WORK PROGRESS -40%1 -10% Further potentials 2023 2025 2026 Target Volkswagen Group China set-up fully cost competitive in China 1 | As of 2023 MEB vs. 2025 CMP. 42
Slide 43: Volkswagen China Electronic Architecture (CEA)
Volkswagen China ID. ERA5x First model to bring together all three key elements of VW owned tech stack China Electronic HyperSense 8 ADAS Architecture (CEA) Compact Main Platform 43
Slide 44: Volkswagen Group of North America
Volkswagen Group of North America Strategic progress along product line-up, localization and steering Portfolio Re-alignment Scout ramp-up on track Steering Successful start of new Tiguan, >700 robots installed, milestone New regional governance model new Atlas Cross Sport revealed; reached with fir
Slide 45: Profit Pools | U.S. localization to unlock new profit pools
Profit Pools | U.S. localization to unlock new profit pools Status quo 20251 Target picture 20351 D D D D D D D C C C D C B C B C B C A B C A B B A B B Low High Pickup Other Low High Pickup Other 2 localized vehicles >10 localized vehicles Limited localized A-/B-SUV offering Extension to rugged SUVs
Slide 46: 'In US, for US' | En route towards stronger local-for-local
‘In US, for US’ | En route towards stronger local-for-local 46
Slide 47: Creating targeted and resilient local-for-local US footprint
Creating targeted and resilient local-for-local US footprint Target picture: >60% locally produced in the US Audi plans to establish U.S. production site in Georgia with St. Thomas, Ontario ~200k units capacity from early 2030s Chattanooga, TN Audi targeting local manufacturing Blythewood, SC of pre
Slide 48: Ambition 2030
Ambition 2030 8-10% >60% Group Margin Cash Conversion 6-8% 8-10% 10-15% 10% Brand Group Brand Group Brand Group Brand Group Core Progressive Sport Luxury Trucks 48
Slide 49: Bridge towards 2030 Margin Ambition
Bridge towards 2030 Margin Ambition Operating return on sales [in %, illustrative] ~9% 1-2ppt CARIAD SCOUT ~4ppt BATTERY MOBILITY ~4% ~€30 bn FY2025 Volume Price Optimization Mix (BEV) Product cost Overhead Improved FY2030 bef. spec. effects, tacticals costs invest areas incl. tariffs 49
Slide 50: Overall improvement of ~€30 bn targeted by 2030
Overall improvement of ~€30 bn targeted by 2030 ~€20 bn ~€30 bn -20% €11 bn -10% -25% Overhead Product cost Optimized Other Target sales support operational 2030 effects 50
Slide 51: €5 bn p.a. average invest reduction 2027-31
€5 bn p.a. average invest reduction 2027-31 Reduced Lower portfolio / invest 5-year combined 180 Converging variants in ICE, capex and R&D plan [€ bn] 170 factories technology 165 160 paths Smart partnerships 135 Group Target Picture ~9% 2023 2024 2025 2025 2026 Y Y Y 2027 Planning round 2027 2028 2
Slide 52: Key decisions taken | Implementation of GTP 2030 started
Key decisions taken | Implementation of GTP 2030 started 03 04 05 05 Product Technology Production Operating Portfolio Roadmap Network Excellence Streamlining -500k units EU capacity up to -50% models Group Tech Paths -€20 bn1 R&D | P | P | S | Q2 -€1.5 bn cost p.a. -75% complexity Hardware Soft
Slide 53: Capital Allocation
Capital Allocation: Balancing investments in transformation, strengthening financial position and shareholder interests Deliver attractive shareholder returns Capital Further strengthen Allocation balance sheet and safeguard strong investment grade rating Continued invest discipline in R&D and capex
Slide 54: Volkswagen Group | Leading Global Automotive Tech Driver
Volkswagen Group | Leading Global Automotive Tech Driver ICONS that excite COMPETENCE that leads SCALE that wins BRANDS TECHNOLOGIES COMPANY Only we serve volume, premium, Best-in-class in every market from Size as a new strength: sports, and luxury segments worldwide one source: Own tech ecosystems
Slide 55: Group Financing
VOLKSWAGEN GROUP Group Financing
Slide 56: Well-balanced debt maturity profile
Well-balanced debt maturity profile Volkswagen Group’s Bond Maturity Profile (as of September 30, 2026) [€ bn] Commercial Papers Bond/MTN Bonds Hybrid 25.3 1,3 22.6 18.2 21.0 12.3 20.1 8.4 16.7 8.5 10.1 3.8 7.3 4.4 3.2 4.7 3.2 1.1 1.0 1.3 3.0 2.5 2.2 2.4 0.3 0.3 0.2 1.5 1.3 0.8 1.2 2026 2027 2028 20
Slide 57: Diversified mix of currencies and tenors
Diversified mix of currencies and tenors Volkswagen Group’s Capital Market Borrowings Diversification of Unsecured Funding (as of September 30, 2026) Top 5 Currency Breakdown Commercial Paper and Bonds (excl. Hybrid) Fix vs. Float Bonds (excl. Hybrid) EUR 3.2% 5.0% USD 14.2% 6.0% GBP BRL CAD 22.6% 6
Slide 58: Hybrid Bonds as integral part of capital structure
Hybrid Bonds as integral part of capital structure Hybrid Capital within the Volkswagen Group1 Provides 100% IFRS equity Long-term commitment towards hybrid capital supporting Volkswagen Group’s credit metrics such as Net Industrial Liquidity Well diversified maturity profile € bn 2.00 1.50 1.50 1.4
Slide 59: Volkswagen AG Investor Relations incl. AGM, Credit & ESG
Volkswagen AG Investor Relations incl. AGM, Credit & ESG Rolf Woller Head of Group Treasury & Investor Relations +49 5361 9 24184 - [email protected] Lars Korinth Björn Bätge Head of Group Investor Relations Head of Global Markets +49 152 29454956 - [email protected] +49 5361 9 2588
Slide 60: Volkswagen Group Brands
Useful Links Volkswagen Group Brands Group Investor Relations Homepage Volkswagen Financial Services IR Homepage Volkswagen Group IR Presentations Audi IR Homepage Volkswagen Group Fact Book Porsche AG IR Homepage Paris Motor Show Investor Update 2026 TRATON IR Homepage China Investor Update 2026 Vo
Slide 61: Volkswagen Group
VOLKSWAGEN GROUP
Slide 62: VW ID. ERA 9x
VW ID. ERA 9x Up to 1600km CLTC-rated range 800V charging technology AI enabled assistant LLM-powered LiDAR based ADAS & OTA capability 62 62
Slide 63: Volkswagen T-Roc
Volkswagen T-Roc Petrol mild-hybrid powertrain 48V mild-hybrid engine 85 kW/ 116 PS Top speed 196 km/h 220Nm at 1,498cm³ ~5.5–5.7 l/100 km -> strong and efficient 475 – 1,350 l luggage capacity 63
Slide 64: Volkswagen Tayron
Volkswagen Tayron Up to 195 kW R-Line / 265 PS / > 230 km/h Top speed Up to 400 Nm torque strong pulling power Full Engine Lineup Petrol, Diesel and PHEV 885-1,900 l luggage capacity 64
Slide 65: Cupra Raval
Cupra Raval Up to 166 kW up to 226PS 160 km/h Top Speed Up to 445km range 13.6–16.1 kWh/100 km WLTP 441 l luggage capacity 65
Slide 66: Škoda Epiq
Škoda Epiq 56 kWh battery Up to 435 km combined range 160 km/h Top speed 155 kW DC charging / 10-80% in 24min Up to 1,345 l Luggage capacity 66
Slide 67: Škoda Elroq
Škoda Elroq 79 kWh battery Up to 546 km combined range 180 km/h Top speed 185 kW DC charging / 10-80% in 26min 1,580 l Luggage capacity 67
Slide 68: Audi Q5
Audi Q5 220 kW V6 TDI engine 299 PS 250 km/h Top speed 7.9-5.8 l/100km fuel consumption combined 1,473 l Luggage capacity 68
Slide 69: The AUDI E7X
The AUDI E7X >700km CLTC-rated range 900V charging technology Up to 465 kW total power output AUDI 360 with LiDAR Driving Assist System AI-powered AUDI Assistant personal companion 69
Slide 70: Porsche Cayenne Electric
Porsche Cayenne Electric Up to 442 & HP 325 kW Overboost Power with Launch Control Up to 643 km WLTP- range >390 kW DC at 850 V 10-80% in 16 min 3,500kg Towed weight 70
Slide 71: Lamborghini Temerario
Lamborghini Temerario 920 PS at 730 Nm 4l engine V8 twin turbo HPEV 0-100 km/h in 2.7 sec Torque-vectoring front axle + rear e-motor ~343km/h Top Speed 71
Slide 72: Volkswagen Group Overview
Volkswagen Group Overview Quarter Change YTD Change LTM vs last FY Change in million EUR Q3 2025 Q3 2026 YoY in % 9M 2025 9M 2026 YoY in % FY2025 LTM vs FY in % Deliveries k units 2,199 1,885 -14.3 6,604 6,011 -9.0 8,984 8,390 -6.6 Unit Sales k units 2,218 1,883 -15.1 6,581 5,880 -10.6 9,022 8,322 -
Slide 73: Volkswagen Group Q1
Volkswagen Group Q1 VEHICLE SALES (`000) SALES REVENUE (€ m) OPERATING RESULT (€ m) OPERATING MARGIN (%) Q1 2026 Q1 2025 Q1 2026 Q1 2025 Q1 2026 Q1 2025 Q1 2026 Q1 2025 Brand Group Core 1,227 1,224 34,874 35,340 1,541 1,118 4.4 3.2 Volkswagen Passenger Cars 716 726 19,897 21,226 73 112 0.4 0.5 ŠKODA
Slide 74: Volkswagen Group Q2
Volkswagen Group Q2 VEHICLE SALES (`000) SALES REVENUE (€ m) OPERATING RESULT (€ m) OPERATING MARGIN (%) Q2 2026 Q2 2025 Q2 2026 Q2 2025 Q2 2026 Q2 2025 Q2 2026 Q2 2025 Brand Group Core 1,364 1,303 38,161 37,140 2,070 2,337 5.4 6.3 Volkswagen Passenger Cars 814 795 22,407 22,222 922 991 4.1 4.5 ŠKOD
Slide 75: Volkswagen Group Q3
Volkswagen Group Q3 VEHICLE SALES (`000) SALES REVENUE (€ m) OPERATING RESULT (€ m) OPERATING MARGIN (%) Q3 2026 Q3 2025 Q3 2026 Q3 2025 Q3 2026 Q3 2025 Q3 2026 Q3 2025 Brand Group Core 1,162 1,244 33,382 34,470 715 1,263 2.1 3.7 Volkswagen Passenger Cars 710 758 19,649 20,363 -181 373 -0.9 1.8 ŠKOD
Slide 76: Volkswagen Group 9M
Volkswagen Group 9M VEHICLE SALES (`000) SALES REVENUE (€ m) OPERATING RESULT (€ m) OPERATING MARGIN (%) 9M 2026 9M 2025 9M 2026 9M 2025 9M 2026 9M 2025 9M 2026 9M 2025 Brand Group Core 3,753 3,771 106,417 106,950 4,326 4,719 4.1 4.4 Volkswagen Passenger Cars 2,239 2,279 61,953 63,811 813 1,476 1.3
Slide 77: Range / consumptions / emissions
Range / consumptions / emissions Fuel consumption Electrical consumption CO2 emissions Electric range Model combined (WLTP) combined (WLTP) combined (WLTP) combined (WLTP) VW Golf R 8.1 – 8.5 l/100km n/a 184 -193 g/km n/a Golf 8 GTI 7.3 – 7.1 l/100km n/a 167 -162 g/km n/a ID.3 Neo n/a 14.3-15.7 kWh/
Slide 78: Range / consumptions / emissions
Range / consumptions / emissions Fuel consumption Electrical consumption CO2 emissions Electric range Model combined (WLTP) combined (WLTP) combined (WLTP) combined (WLTP) Škoda Vision O The vehicle is not offered for sale and is therefore not subject to Directive 1999/94/EC. Consumption and emissio
Slide 79: Range / consumptions / emissions
Range / consumptions / emissions Fuel consumption Electrical consumption CO2 emissions Electric range Model combined (WLTP) combined (WLTP) combined (WLTP) combined (WLTP) Bentley Continental GT Speed 10.3 l/100 km 28.1 kWh/100km 29 g/km n/a Bentayga Speed 14.7 l/100 km n/a 335 g/km n/a Bugatti CHIR
Slide 80: Range / consumptions / emissions
Range / consumptions / emissions Fuel consumption Electrical consumption CO2 emissions Electric range Model combined (WLTP) combined (WLTP) combined (WLTP) combined (WLTP) Audi A5 7.7 – 4.8 l/100km n/a 176 – 125 g/km n/a Nuvolari 11.3l /100km 7.8 kWh (preliminary) 270 g/km Q4 e-tron 55 n/a 16.8 – 19
Slide 81: Volkswagen Group Brands
Useful Links Volkswagen Group Brands Group Investor Relations Homepage Volkswagen Financial Services IR Homepage Volkswagen Group IR Presentations Audi IR Homepage Volkswagen Group Fact Book Porsche AG IR Homepage Paris Motor Show Investor Update 2026 TRATON IR Homepage China Investor Update 2026 Vo
Slide 82: Volkswagen Group
VOLKSWAGEN GROUP