Corporate Governance and Declaration of conformity

The application of the German Corporate Governance Code at the Volkswagen Group was discussed at the Supervisory Board meetings on February 22 and November 22, 2013: in February, we issued a supplementary declaration to our declaration of conformity dated November 23, 2012, while in November we addressed the changes to the Code published by the Government Commission on the German Corporate Governance Code on June 10,  2013 and issued the annual declaration on the Code’s recommendations in accordance with section 161 of the AktG together with the Board of Management.

The joint declarations of conformity by the Board of Management and the Supervisory Board are permanently available on the Volkswagen AG website at www.volkswagenag.com/ir. Additional information on the implementation of the recommendations and suggestions of the German Corporate Governance Code can be found in the corporate governance report and in the notes to the consolidated financial statements.