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The Supervisory Board of Volkswagen AG has recommended to Volkswagen's 2016 Annual General Meeting that the actions of the serving members of the Board of Management in fiscal year 2015 be ratified. Based on its own review, the Board of Management has reached a corresponding decision. This is stated in the invitation to the 56th Annual General Meeting in Hanover on June 22, 2016, which will be published on May 12. The Supervisory Board points out that the proposed ratification by the Annual General Meeting does not imply any waiver of possible compensation claims.

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Hans-Gerd Bode
Director Global Communications and Investor-Relations
Tel. +49-5361-9-24319
Michael Brendel
Spokesperson for the Chairman of the Supervisory Board
Tel. +49-5361-9-37 906