DGAP-Adhoc

VOLKSWAGEN AG: The Executive Committee and Nomination Committee of the Supervisory Board of Volkswagen AG support the proposal to elect Mr Hans Dieter Pötsch Chairman of the Supervisory Board of Volkswagen AG

VOLKSWAGEN AG / Key word(s): Change of Personnel

03.09.2015 14:22

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
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The Executive Committee and Nomination Committee of the Supervisory Board
of Volkswagen AG support the proposal to elect Mr Hans Dieter Pötsch
Chairman of the Supervisory Board of Volkswagen AG

The shareholder representatives on the Supervisory Board of Porsche
Automobil Holding SE intend to adopt a resolution in the supervisory board
of their company endorsing the proposal that Mr Pötsch, currently Member of
the Board of Management of Volkswagen AG responsible for Finance and
Controlling , be elected to the Supervisory Board of Volkswagen AG during
an Extraordinary General Meeting of that company in November this year.

The Executive Committee and Nomination Committee of the Supervisory Board
of Volkswagen AG support this proposal. Mr Pötsch's term of office on the
Board of Management would end at the time of his election by the General
Meeting to the Supervisory Board. After his election to the Supervisory
Board, Mr Pötsch is to be elected Chairman of the Supervisory Board of
Volkswagen AG.

The Executive Committee and Nomination Committee will propose that not only
Mr Pötsch but also Dr. Louise Kiesling be elected to the Supervisory Board
by the Extraordinary General Meeting. Dr. Louise Kiesling is currently a
member of the Supervisory Board by virtue of a court appointment.

The Supervisory Board would decide on a successor for Mr Pötsch without
delay.


03.09.2015 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language: English
Company: VOLKSWAGEN AG
Brieffach 1849
38436 Wolfsburg
Germany
Phone: [phone] - 49840
Fax: [phone] - 30411
E-mail: [e-mail]
Internet: www.volkswagenag.com/ir
ISIN: DE0007664039, DE0007664005
WKN: 766403, 766400
Indices: DAX, Euro Stoxx 50
Listed: Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime
Standard), Hamburg, Hanover, Munich, Stuttgart; Terminbörse
EUREX; Luxemburg, SIX

End of Announcement DGAP News-Service

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