VOLKSWAGEN AG / Key word(s): Change of Personnel 25.04.2015 17:38 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- The Chairman of the Supervisory Board of Volkswagen AG, Professor Dr. Ferdinand K. Piëch, has announced his resignation with immediate effect from his position as Chairman as well as member of the Supervisory Board, as well as all other mandates within the Volkswagen Group.In addition Ursula Piëch has announced her resignation from all mandates within the Volkswagen Group. The deputy Chairman of the Supervisory Board, Berthold Huber, will temporarily assume leadership of the Board until the election of a new Chairman. 25.04.2015 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: VOLKSWAGEN AG Brieffach 1849 38436 Wolfsburg Germany Phone: +49 (0)5361 9 - 49840 Fax: +49 (0)5361 9 - 30411 E-mail: [email protected] Internet: www.volkswagenag.com/ir ISIN: DE0007664039, DE0007664005 WKN: 766403, 766400 Indices: DAX, Euro Stoxx 50 Listed: Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Hanover, Munich, Stuttgart; Terminbörse EUREX; Luxemburg, SIX End of Announcement DGAP News-Service ---------------------------------------------------------------------------