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Disclosure

12 May 2023

Author:
Volkswagen

Volkswagen response

Volkswagen takes the addressed issue seriously and takes all necessary steps in order to be compliant with the applicable export control law, therefore Volkswagen has implemented numerous processes as part of the CMS.

Attached is our sanctions statement.

Statement about the Handling of Sanctions and Embargoes at Volkswagen Group

VW Group hereby undertakes and confirms to make sure - to the extent legally feasible for all concerned subsidiaries - that all transactions and business relations are checked acording to and are compliant with national, EU and US export control regulations where applicable...

With regard to business activities in countries that are subject to sanctions adopted by the EU or the U.S., VW Group and its subsidiaries do have business relations with third importersin sanctioned countries* which are mainly linked to our core business: sale and delivery of vehicles, parts, components and related services...

* these includes: Cuba, Iran, North Korea, Myanmar, Syria, Venezuela

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