

| VOLKSWAGEN AG | 03/05/2011 AGM | |
|---|---|---|
| 1 | Presentation of the adopted annual financial statements, and the approved consolidated financial statements | Non-Voting |
| 2 | Allocation of income and dividend | For |
| 3 | Discharge the Management Board | For |
| 4 | Discharge the Supervisory Board | For |
| 5.1 | Elect Annika Falkengren | Abstain |
| 5.2 | Elect Khalifa Jassim Al-Kuwari | Oppose |
| 6 | Issue shares | For |
| 7 | Authorise share repurchase | For |
| 8 | Approve inter company agreement | For |
| 9 | Amend Articles | Abstain |
| 10 | Appoint the auditors | Abstain |