Volkswagen shareholders formally approve Board of Management and Supervisory Board

Wolfsburg. At the Annual General Meeting of Volkswagen AG, the shareholders approved all resolutions proposed by the Board of Management and the Supervisory Board by a majority. The resolution to distribute a dividend of EUR 5.20 per ordinary share and EUR 5.26 per preferred share was passed. This corresponds to a payout ratio of over 30 percent. Volkswagen’s preference shares yielded 5.1 percent based on the year-end closing price.

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