Investor Relations activities

On the one hand, investor relations activities in fiscal year 2016 were dominated mainly by developments in connection with the diesel issue. On the other hand, focal issues were the Volkswagen Group’s future program TOGETHER – Strategy 2025, the conclusion of the pact for the future and the Volkswagen Passenger Cars brand’s TRANSFORM 2025+ strategy. We also briefed capital market participants on our activities in the Chinese market at the Volkswagen Group China Investor Presentation.

In fiscal year 2016, the Investor Relations team provided extensive information to investors and analysts in all key financial markets worldwide about the strategic focus, current business performance and future prospects of the Volkswagen Group.

At roughly 700 one-on-one discussions, roadshows and conferences, we maintained close contact with capital market participants in 2016. Many of these discussions involved an exchange of ideas between investors and analysts and members of the Board of Management and Group senior executives. With offices in Wolfsburg, London and Beijing and the liaison office in Herndon (USA), the work of the Investor Relations team benefits from its presence in the most important regions for the capital markets. It allows us to keep close contact with analysts and investors locally, acquire in-depth knowledge of the respective markets and keep a finger on the pulse of operations of the Volkswagen Group.

At events held in the past year, the investor relations team also informed private shareholders about the current situation of the Group and was present at the Annual General Meeting in Hanover.

We also promptly published all presentations given in connection with events that were of interest to investors on our investor relations website.