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Group Environmental Policy Statement

Responsible: Gerd Walker, K-PP Status: annex 1 to KRL 17 Version: V2.0 Date: 09.04.2019

Group Environmental Policy Statement

© Volkswagen AG Version V2.0 vom 09.04.2019

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Group Environmental Policy Statement

As a global leader in the development, production and distribution of motor vehicles and mo- bility services, the Volkswagen Group endeavors to become a leading provider of sustainable mobility and a role model in environment. We embrace the challenges of climate change and we are committed to the 2° target of the United Nations. We are keenly aware of the world- wide environmental and societal impact of our activities and products. To reduce our environ- mental footprint we use our global innovative capacity to address environmental challenges throughout all life cycle stages of our mobility offers. Our mobility innovations will also help our customers reduce their environmental footprint while simultaneously securing our busi- ness competitiveness and employment.

Guided by our “Environmental Mission Statement”, the Volkswagen Group commits to the fol- lowing requirements:

1. Leadership: Our leaders, at every level of the organization in all brands and majority shareholdings of the Volkswagen Group, are aware of the environmental risks of their business activities and will demonstrate, in words and in actions, their commitment to compliance and to environmental leadership. They are responsible for the implementation of this policy in their business units and for ensuring that all employees are informed, qualified and held accountable for their as- signed responsibilities. The Boards of Management at Group and at each entity will consider environmental leadership with equal weight to other business criteria in key company deci- sions.

2. Compliance We comply with legal and regulatory requirements as well as company standards and targets. We implement Environmental Compliance Management Systems to ensure that environmental compliance obligations are understood and achieved in our business operations. Environmen- tal fraud and misconduct will be treated as a severe compliance violation. Compliance with this Environmental Policy Statement and with Group environmental requirements will be annually evaluated and reported to the Boards of Management at Group and at each entity.

3. Environmental Protection We follow a life-cycle approach to mitigate environmental risks and to optimize environmental opportunities such as the integration of renewable energy sources, decarbonisation, sustaina- ble supply chains and resource efficiency. We implement economically viable methods to re- duce our environmental impact across the life cycle of our operations, products and services. Our efforts are verified annually by public disclosure of key performance indicators.

Group Environmental Policy Statement

© Volkswagen AG Version V2.0 vom 09.04.2019

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4. Stakeholder Collaboration We engage with our employees, regulators, customers, suppliers, communities, public authori- ties and other interested stakeholders to improve our understanding of environmental require- ments and expectations. Stakeholder input is considered and reflected in our Environmental Compliance Management System and in our operations, products and services. We commit to providing transparent and reliable information in our dialogue with and reporting to our stake- holders.

5. Continual Improvement As part of our effort to continually improve, we implement internationally-recognized and third-party verified environmental management systems which integrate environmental re- quirements into our key business processes and decision-making. As well our environmental management systems themselves are subject to a process of continual improvement. We rely on our global network of subject matter experts to identify and transfer best practices in envi- ronmental technology and management. We stay at the forefront of emerging environmental developments in regulations, science, technology and stakeholder expectations to meet or ex- ceed our commitments.

Wolfsburg, May 2019

Dr. Herbert Diess Dr. Oliver Blume