7/30/2019 Company Porsche

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Dr. Ing. h.c. F. Porsche Aktiengesellschaft

Stuttgart

Announcement pursuant to 23 para. 1 sentence 1 No. 2 of theGerman Securities Acquisition and Takeover Act

(Wertpapiererwerbs- und bernahmegesetz) (WpG)

On 30 April 2007, Dr. Ing. h.c. F. Porsche Aktiengesellschaft, Stuttgart, (Bidder) published the offerdocument for its mandatory offer (Offer) to the shareholders of Volkswagen Aktiengesellschaft,Wolfsburg, (Volkswagen AG) to acquire all issued ordinary bearer shares of Volkswagen AG(ISIN DE0007664005) (Volkswagen Ordinary Shares) and all issued preference bearer shares ofVolkswagen AG (ISIN DE0007664039) (Volkswagen Preference Shares). The acceptance periodended on 29 May 2007 at 24:00 hours (Frankfurt am Main local time).

As of the expiry of the acceptance period, the Offer was accepted for 172,218 Volkswagen OrdinaryShares and 68,262 Volkswagen Preference Shares. This corresponds to approximately 0.06% of the

Volkswagen Ordinary Shares and voting rights, approximately 0.06% of the Volkswagen PreferenceShares as well as to approximately 0.06% of the outstanding share capital of Volkswagen AG.

As of the expiry of the acceptance period, the Bidder holds 88,874,462 Volkswagen Ordinary Shareswhich correspond to approximately 30.91% of the total number of Volkswagen Ordinary Shares andvoting rights as of 31 May 2007 as well as to approximately 22.63% of the total outstanding sharecapital of Volkswagen AG as of 31 May 2007. The voting rights held by the Bidder in Volkswagen AGare attributed to the so-called Additional Controlling Persons listed in Section 4.3 of the Offer Docu-ment (Mag. Josef Ahorner, Dipl.-Ing. Dr. h.c. Ferdinand Pich GmbH, Dr. Hans-Michel Pich GmbH,Familie Porsche Beteiligung GmbH, Familie Porsche Holding GmbH, Familie Porsche Privatstiftung,Familien Porsche-Daxer-Pich Beteiligung GmbH, Ferdinand Alexander Porsche GmbH, FerdinandPich GmbH, Ferdinand Porsche Holding GmbH, Ferdinand Porsche Privatstiftung, Gerhard AntonPorsche GmbH, Gerhard Porsche GmbH, Hans-Michel Pich GmbH, Hans-Peter Porsche GmbH,Ing. Hans-Peter Porsche GmbH, Mag. Louise Kiesling, Louise Daxer-Pich GmbH (Stuttgart), LouiseDaxer-Pich GmbH (Salzburg), Dr. techn. h.c. Ferdinand Pich, Dr. Hans-Michel Pich, Porsche GmbH(Salzburg), Porsche GmbH (Stuttgart), Porsche Holding GmbH, Dr. F. Oliver Porsche, Dr. Wolfgang

Porsche, Mr. Gerhard Anton Porsche, Mr. Hans-Peter Porsche, Mr. Kai Alexander Porsche, Mr. MarkPhilip Porsche, Mr. Peter Daniell Porsche, Prof. Ferdinand Alexander Porsche, Prof. Ferdinand AlexanderPorsche GmbH and Wolfgang Porsche GmbH) pursuant to 30 para. 1 sentence 1 no. 1 WpG.According to the information available to the Bidder, as of the expiry of the acceptance period, of thepersons acting in concert with the Bidder within the meaning of 2 para. 5 WpG, (i) Dr. Hans-MichelPich held 12,470 Volkswagen Ordinary Shares (corresponding to less than 0.01% of the VolkswagenOrdinary Shares, the voting rights and the total outstanding share capital of Volkswagen AG) and1,000 Volkswagen Preference Shares (corresponding to less than 0.01% of the Volkswagen Prefe-rence Shares and the outstanding share capital of Volkswagen AG) and (ii) Porsche Austria GmbH & Co.held 73 Volkswagen Ordinary Shares (corresponding to less than 0.01% of the Volkswagen OrdinaryShares, the voting rights and the outstanding share capital of Volkswagen AG). The voting rights heldby Porsche Austria GmbH & Co. in Volkswagen AG are attributed to the Additional Controlling PersonsPorsche GmbH (Salzburg) and Porsche Holding GmbH pursuant to 30 para. 1 sentence 1 no. 1WpG.

Furthermore, as of the expiry of the acceptance period no shares in Volkswagen AG or voting rightsattaching to Volkswagen Ordinary Shares were attributable to the Bidder, persons acting in concertwith the Bidder or their subsidiaries.

The total numbers of shares in Volkswagen AG for which the Offer was accepted as of the expiry ofthe acceptance period together with the number of shares in Volkswagen AG which the Bidder alreadyholds therefore amounts to 89,046,680 Volkswagen Ordinary Shares and 68,262 Volkswagen Prefe-rence Shares, which corresponds to approximately 30.97% of the Volkswagen Ordinary Shares andvoting rights, approximately 0.06% of the total number of Volkswagen Preference Shares and to22.69% of the outstanding share capital of Volkswagen AG.

Stuttgart, 4 June 2007

Dr. Ing. h.c. F. Porsche Aktiengesellschaft