Drawn up DRAFT dated 13 March 2023 Hive-Down and Transfer Agreement betweenMarch 22nd, 2023
FiledMarch 22nd, 2023As at the date of drawing up the draft and the conclusion of this hive-down and transfer agreement, the share capital of VW AG amounts to EUR 1,283,315,873.28 (in words: one billion two hundred and eighty-three million three hundred and fifteen thousand eight hundred and seventy-three euros and twenty-eight cents), divided into 501,295,263 no-par value bearer shares, each with an arithmetical share in the share capital of EUR 2.56 (in words: two euros and fifty-six cents), of which 295,089,818 are ordinary shares and 206,205,445 are non-voting preference shares. The contributions on the shares have been made in full.