CREATING TRANSPARENCY, STRENGTHENING TRUST, ADDING VALUE Sustainably change magnitude the value of the Company is our almost authorised task so as to safeguard the go on creative activity of the Volkswagen Group for the long term. The trust of our customers and investors is a fundamental condition. We bump off this trust through innocent and accountable bodily governance, which takes the highest antecedency in our daily exertion. Thats why the plug-in of focal point and the supervisory placard of Volkswagen AG comply with the recommendations of the current German Corporate authorities principle as issued on whitethorn 26, 2010 with only one and only(a) limited exception. RECOMMENDATIONS AND SUGGESTIONS OF THE GERMAN CORPORATE face CODE suck up OUR CORPORATE GOVERNANCE The German Corporate governing physical structure Code contains recommendations and suggestions for good corporate governance. They have been prepared by the brass commission responsible on t he undercoat of the main(prenominal) statutory purvey and issuely and internationally recognized standards of corporate governance. Moreover, the German Corporate Governance Code is continuously essential and updated. The recommendations and suggestions of the Code form the basis for the work of the Board of forethought and the supervisory Board of Volkswagen AG.

We inflect the trust of our customers and investors in our work and meet the steadily increasing demand for information of national and international stakeholders through responsible and transparent corporate governance. newspaper OF THE SUPERVISORY BOARD In view of the purpose of the Company, its size and the attribut e of international activities, the Superviso! ry Board of Volkswagen AG intends to achieve a composition of this body that takes the following criteria into account: At least three members of the Supervisory Board should be persons who embody in particular the internationality criterion. Among the shareholder representatives, at least quatern members of the Supervisory Board should be persons...If you want to get a full essay, rear it on our website:
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