VOLKSWAGEN AKTIENGESELLSCHAFT

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↑Porsche Informatik Gesellschaft m.b.H.

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↑CARIAD SE

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↑SKODA AUTO VOLKSWAGEN INDIA PRIVATE LIMITED

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IS DIRECTLY CONSOLIDATED BY

↑EVERLLENCE UK LIMITED

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↑Porsche Automotive Investment GmbH

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↑PORSCHE INTERNATIONAL FINANCING DESIGNATED ACTIVITY COMPANY

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↑Volkswagen Group Charging GmbH

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↑Porsche Holding Stuttgart GmbH

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↑VOLKSWAGEN FINANCE BELGIUM

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↑VOLKSWAGEN OF SOUTH AFRICA

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↑MOIA Luxemburg S.A.

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↑บริษัท สแกนเนีย สยาม จำกัด

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↑VOLKSWAGEN DE MEXICO SA DE CV

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↑VW KRAFTWERK Gesellschaft mit beschränkter Haftung

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↑AUDI Aktiengesellschaft

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↑บริษัท แมน ทรัค แอนด์ บัส เอเชีย แปซิฟิก จำกัด

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↑만트럭버스코리아 (주)

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↑MAN Kamion és Busz Kereskedelmi Kft.

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↑Porsche Hungaria Kereskedelmi Kft.

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↑PORSCHE INTERNATIONAL FINANCING DESIGNATED ACTIVITY COMPANY

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IS DIRECTLY CONSOLIDATED BY

IS DIRECTLY CONSOLIDATED BY

↑VOLKSWAGEN GROUP TAIWAN CO. LTD.

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IS DIRECTLY CONSOLIDATED BY

↑VOLKSWAGEN GROUP DIGITAL SOLUTIONS PRIVATE LIMITED

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↑PORSCHE INTERNATIONAL FINANCING DESIGNATED ACTIVITY COMPANY

IS DIRECTLY CONSOLIDATED BY

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↑SKODA AUTO INDIA PRIVATE LIMITED

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↑TRATON Treasury AB

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↑MAN TRUCK & BUS POLSKA SPÓŁKA Z OGRANICZONĄ ODPOWIEDZIALNOŚCIĄ

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↑PORSCHE INTERNATIONAL FINANCING DESIGNATED ACTIVITY COMPANY

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↑Volkswagen Group Canada Inc.

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↑AUDI MEXICO SA DE CV

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↑AUDI MEXICO SA DE CV

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↑VOLKSWAGEN GROUP OF AMERICA FINANCE, LLC

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↑Vabis Försäkringsaktiebolag

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↑VW Credit Canada Funding LP

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↑Scania Sverige Aktiebolag

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↑TFS SERVICOS BRASIL LTDA

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↑Volkswagen Financial Services N.V.

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↑Volkswagen Finance Overseas B.V.

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↑NAVISTAR FINANCIAL CORPORATION

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↑Vabis Försäkringsaktiebolag

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↑Driver Turkey Master S.A.

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↑Audi Stiftung für Umwelt GmbH

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↑MAN Kamion és Busz Kereskedelmi Kft.

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↑MAN FINANCIAL SERVICES POLAND SPÓŁKA Z OGRANICZONĄ ODPOWIEDZIALNOŚCIĄ

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↑VOLKSWAGEN NORTH AMERICAN REGION PAYMENT SERVICES, LLC

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↑VW CREDIT CANADA, INC.

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↑Scania Growth Capital II AB

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↑Scania Growth Capital AB

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↑Porsche Inter Auto Hungaria Korlátolt Felelősségű Társaság

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↑Driver Turkey Master S.A.

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↑NAVISTAR FINANCIAL RETAIL RECEIVABLES CORPORATION

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↑VOLKSWAGEN FINANCE PRIVATE LIMITED

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↑Porsche Hungaria Kereskedelmi Kft.

IS ULTIMATELY CONSOLIDATED BY

↑MAN TRUCK & BUS POLSKA SPÓŁKA Z OGRANICZONĄ ODPOWIEDZIALNOŚCIĄ

IS ULTIMATELY CONSOLIDATED BY

↑VOLKSWAGEN GROUP DIGITAL SOLUTIONS PRIVATE LIMITED

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↑EVERLLENCE SINGAPORE PTE. LTD.

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↑Volkswagen Insurance Brokers GmbH

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↑TRATON Treasury AB

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↑만트럭버스코리아 (주)

IS ULTIMATELY CONSOLIDATED BY

↑VOLKSWAGEN GROUP TAIWAN CO. LTD.

IS ULTIMATELY CONSOLIDATED BY

↑SKODA AUTO INDIA PRIVATE LIMITED

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↑EURO-Leasing Gesellschaft mit beschränkter Haftung

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↑บริษัท แมน ทรัค แอนด์ บัส เอเชีย แปซิฟิก จำกัด

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↑PORSCHE INTERNATIONAL FINANCING DESIGNATED ACTIVITY COMPANY

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↑NAVISTAR, INC.

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↑NAVISTAR COMERCIAL SA DE CV

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↑TRANSPROTECCION AGENTE DE SEGUROS SA DE CV

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↑INTERNATIONAL PARTS DISTRIBUTION S DE RL DE CV

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↑NAVISTAR INTERNATIONAL MEXICO S DE RL DE CV

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↑NAVISTAR INTERNATIONAL TRUCK MEXICO S DE RL DE CV

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↑VOLKSWAGEN NORTH AMERICAN REGION PAYMENT SERVICES, LLC

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↑ELECTRIFY AMERICA, LLC

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↑NAVISTAR FINANCIAL CORPORATION

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↑Volkswagen Group Canada Inc.

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↑VOLKSWAGEN OF SOUTH AFRICA

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↑TRATON AB

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↑VW KRAFTWERK Gesellschaft mit beschränkter Haftung

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↑Porsche Inter Auto Romania SRL

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↑PORSCHE INTERNATIONAL FINANCING DESIGNATED ACTIVITY COMPANY

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↑VCL MASTER S.A.

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↑VOLKSWAGEN FINANCE BELGIUM

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↑MOIA Luxemburg S.A.

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↑Porsche Immobilien Gesellschaft m.b.H.

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↑VOLKSWAGEN DE MEXICO SA DE CV

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↑COMPARTMENT 3

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↑VICENTINI S.P.A.

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↑POWERCO CANADA INC.

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↑Scania Sverige Aktiebolag

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↑Banco Volkswagen S.A.

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↑Porsche Automotive Investment GmbH

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↑PBS Turbo s.r.o.

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↑บริษัท สแกนเนีย สยาม จำกัด

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↑Porsche Holding Stuttgart GmbH

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↑Volkswagen Versicherung Aktiengesellschaft

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↑ПОРШЕ ЛИЗИНГ БГ

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↑Porsche Austria Gesellschaft m.b.H. & Co. OG

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↑AUDI Aktiengesellschaft

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↑Volkswagen Group Charging GmbH

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↑INTERNATIONAL MOTORS MEXICO CV S DE RL DE CV

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↑VOLKSWAGEN GROUP OF AMERICA FINANCE, LLC

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↑NAVISTAR FINANCIAL CORPORATION

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↑Porsche Financial Services Schweiz AG

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↑Volkswagen Truck & Bus Industria e Comercio de Veiculos Ltda

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↑EVERLLENCE SAUDI ARABIA LLC.

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↑Porsche Bank Aktiengesellschaft

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↑Volkswagen-Versicherungsdienst Gesellschaft m.b.H.

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↑VOLKSWAGEN GROUP SALES INDIA PRIVATE LIMITED

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↑Porsche Immobilien Gesellschaft m.b.H.

IS ULTIMATELY CONSOLIDATED BY

IS ULTIMATELY CONSOLIDATED BY

IS ULTIMATELY CONSOLIDATED BY

↑VOLKSWAGEN NORTH AMERICAN REGION PAYMENT SERVICES, LLC

IS ULTIMATELY CONSOLIDATED BY

IS ULTIMATELY CONSOLIDATED BY

↑NAVISTAR INTERNATIONAL CORPORATION

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↑VCAR Trust

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↑Scania Suomi Oy

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↑SKODA AUTO VOLKSWAGEN INDIA PRIVATE LIMITED

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↑MAN TRUCK & BUS DANMARK A/S

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↑Porsche Leasing SCG doo

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↑Volkswagen Bank Gesellschaft mit beschränkter Haftung

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↑VOLKSWAGEN INSURANCE COMPANY DESIGNATED ACTIVITY COMPANY

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↑DRIVER UK MULTI-COMPARTMENT S.A.

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↑MAN Finance and Holding S.A.

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↑Porsche Informatik Gesellschaft m.b.H.

IS ULTIMATELY CONSOLIDATED BY

↑Porsche Inter Auto GmbH & Co KG

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↑ŠKODA AUTO a.s.

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↑Porsche Versicherungs Aktiengesellschaft

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↑CARIAD SE

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↑EVERLLENCE UK LIMITED

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↑Porsche Konstruktionen GmbH & Co KG

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↑만에너지솔루션즈코리아 주식회사

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↑VOLKSWAGEN BANK SA INSTITUCION DE BANCA MULTIPLE

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↑VOLKSWAGEN LEASING SA DE CV

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↑Volkswagen Financial Services N.V.

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IS ULTIMATELY CONSOLIDATED BY