Directors’ Dealings | 6 March 2020 17:05

DGAP-DD: VOLKSWAGEN AG english

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
06.03.2020 / 17:05
The issuer is solely responsible for the content of this announcement.

1. Details of the person discharging managerial responsibilities / person closely associated

a) Name

Title:	Dr.
First name:	Herbert
Last name(s):	Diess

2. Reason for the notification

a) Position / status

Position: Member of the managing body

b) Initial notification

3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a) Name

VOLKSWAGEN AG

b) LEI

529900NNUPAGGOMPXZ31

4. Details of the transaction(s)

a) Description of the financial instrument, type of instrument, identification code

Type:	Share
ISIN:	DE0007664005

b) Nature of the transaction

Purchase of shares via standing order on the basis of a voluntary commitment on acquisition of shares. Start of duration: 15.03.2020, the standing order is concluded on undetermined duration; monthly volume: the equivalent value of 50.000,00 EUR (plus ancillary acquisition costs) taking the calculated quantity based on the current purchase price of Volkswagen AG ordinary share at Frankfurt stock exchange in each case, rounded up to the next share, that the amount of 50.000,00 EUR is exceeded regularly; purchase date: each 15th day of a month respectively the following trading day, that is concurrently bank business day of the processing bank; trading place: Frankfurt Stock Exchange; the standing order needs to be cancelled in written form.

c) Price(s) and volume(s)

Price(s)	Volume(s)
not numberable	not numberable

d) Aggregated information

Price	Aggregated volume
not numberable	not numberable

e) Date of the transaction

2020-03-06; UTC+1

f) Place of the transaction

Outside a trading venue

06.03.2020 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language:	English
Company:	VOLKSWAGEN AG
	Berliner Ring 2
	38440 Wolfsburg
	Germany
Internet:	www.volkswagenag.com/ir

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