Volkswagen : Audi AG Präsentation – The New Era Of Vorsprung

dbAccess Berlin Conference June 17, 2021

The New Era Of Vorsprung

Hildegard Wortmann | Member of the Board of Management of AUDI AG for Sales and Marketing

Audi RS e-tron GT: Combined electric power consumption* in kWh/100 km: 20.2-19.3 (NEDC), 22.5-20.6 (WLTP); Combined CO2 emissions* in g/km: 0 (NEDC); Information on fuel/power consumption and CO2 emissions in ranges depending on the chosen equipment level of the car.

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Disclaimer

The following presentations contain forward-looking statements and information on the business development of the Audi Group. These statements may be spoken or written and can be recognized by terms such as "expects", "anticipates", "intends", "plans", "believes", "seeks", "estimates", "will" or words with similar meaning. These statements are based on assumptions, which we have made on the basis of the information available to us and which we consider to be realistic at the time of going to press. These assumptions relate in particular to the development of the economies of individual countries and markets, the regulatory framework and the development of the automotive industry. Therefore the estimates given involve a degree of risk, and the actual developments may differ from those forecast. The Audi Group currently faces additional risks and uncertainty related to pending claims and investigations in a number of jurisdictions in connection with findings of irregularities relating to exhaust emissions from diesel engines in certain Audi vehicles. The degree to which the Audi Group may be negatively affected by these ongoing claims and investigations remains uncertain. The recent outbreak of COVID-19 (commonly referred to as coronavirus) has negatively impacted and may continue to impact economic and social conditions in some of Audi's primary markets, including China and Europe, as public, private, and government entities implement containment and quarantine measures. The continued spread of COVID-19 may cause shortages of necessary materials and parts from suppliers directly or indirectly affected by the outbreak and may cause operational disruptions and interruptions at Audi's production facilities, leading to significant production downtimes

A negative development relating to ongoing claims or investigations, the continuation of COVID-19, an unexpected fall in demand or economic stagnation in our key sales markets, such as in Western Europe (and especially Germany) or in the USA, Brazil or China, and trade disputes among major trading partners will have a corresponding impact on the development of our business. The same applies in the event of a significant shift in current exchange rates in particular relative to the US dollar, sterling, yen, Brazilian real, Chinese renminbi and Czech koruna. If any of these or other risks occur, or if the assumptions underlying any of these statements prove incorrect, the actual results may significantly differ from those expressed or implied by such statements. We do not update forward- looking statements retrospectively. Such statements are valid on the date of publication and can be superseded.

This information does not constitute an offer to exchange or sell or an offer to exchange or buy any securities.

3 AUDI AG | db Access Berlin Conference 2021 | June 17, 2021 | Hildegard Wortmann

Future is an attitude

Audi RS e-tron GT: Combined electric power consumption* in kWh/100 km: 20.2-19.3 (NEDC); Combined CO2 emissions* in g/km: 0 (NEDC); Information on fuel/power consumption and CO2 emissions in ranges depending on the chosen equipment level of the car.

4 AUDI AG | db Access Berlin Conference 2021 | June 17, 2021 | Hildegard Wortmann

The car of

the future is

fully electric

Audi e-tron GT quattro: Combined electric power consumption* in kWh/100 km: 19.6-18.8 (NEDC), 21.6-19.9 (WLTP); Combined CO2 emissions* in g/km: 0 (NEDC); Information on fuel/power consumption and CO2 emissions in ranges depending on the chosen equipment level of the car.

5 AUDI AG | db Access Berlin Conference 2021 | June 17, 2021 | Hildegard Wortmann

Customer mindset

Premium progressives - our strategic target group is changing

PREMIUM

PROGRESSIVES

are

VALUE-

DRIVEN

It's the goal, not the money.

SUSTAINABILITY | DESIGN | INNOVATION | INDIVIDUAL EXPERIENCES | BRAND BUILD SCALE

Source: Audi Trendreceiver Study - New Progressive Premium