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STATEMENT BY VOLKSWAGEN GROUP OF AMERICA

Jun 30, 2016

Today, Volkswagen again appeared before U.S. District Court Judge Charles Breyer for a status conference hearing regarding the TDI emissions issue. Our number one priority is to resolve the diesel matter for all our customers. As noted today in the Court, we have submitted a proposed remedy for the affected 3.0L TDI vehicles to the Environmental Protection Agency and the California Air Resources Board. This is now undergoing a thorough review, which includes durability testing, and we look forward to the next status update hearing on this matter on August 25. We take our commitment to make things right very seriously and the proposed 2.0L TDI settlement program announced this week in the United States is an important step forward in that regard.

For additional information about the proposed 2.0L TDI settlement program, including the settlement agreements in full, please visit www.VWCourtSettlement.com or www.AudiCourtSettlement.com.

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