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Dividend proposal

Volkswagen AG (condensed, according to German Commercial Code)

In accordance with section 58(2) of the Aktiengesetz (AktG – German Stock Corporation Act), €1,708 million of the net income for the year was appropriated to other revenue reserves. The Board of Management and Supervisory Board are proposing to the Annual General Meeting to pay a dividend of €1.4 billion from net retained profits, i.e. €3.00 per ordinary share and €3.06 per preferred share, and to appropriate a further €0.3 billion to other revenue reserves.

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PROPOSAL ON THE APPROPRIATION OF NET PROFIT

 

 

 

2011

Dividend distribution on subscribed capital (€1,191 million)

 

1,405,906,351.68

thereof on: ordinary shares

 

885,269,451.00

preferred shares

 

520,636,900.68

Appropriation to other revenue reserves

 

300,000,000.00

Balance (carried forward to new account)

 

9,563,616.22

Net retained profits

 

1,715,469,967.90

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