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The Annual General Meeting on May 5, 2015 elected PricewaterhouseCoopers
Aktiengesellschaft Wirtschaftsprüfungsgesellschaft as auditors for
fiscal year 2015, in line with our proposal. The auditors audited the
annual financial statements of Volkswagen AG, the consolidated financial
statements of the Volkswagen Group and the combined management report,
and issued unqualified audit reports on all of these documents. In
addition, they analyzed the risk management and internal control
systems, concluding that the Board of Management had taken the measures
required by section 91(2) of the AktG to ensure early detection of any
risks endangering the continued existence of the Company.