Press Release

Braunschweig, 8 February 2018. An accolade that speaks for itself: in the annual Focus Business ranking for 2018, Volkswagen Financial Services, Europe's leading automobile financial services provider, have once again been rated among Germany's top employers. In addition, they also received a special award in the "Healthy & Fit" category for offers in the areas of health, work-life balance and nutrition.

The awards are based on a data pool of 127,000 evaluations from the Kununu employer assessment portal, a poll of Xing members and an online survey conducted by Statista. "This renewed distinction makes us proud because it confirms that our employees value our sustained commitment to a good corporate culture," says Christiane Hesse, Member of the Management Board with responsibility for Human Resources at Volkswagen Financial Services AG. Particularly decisive for the analysis was whether or not employees recommend their employer to others. In this respect, Volkswagen Financial Services achieved a figure well above the average with a recommendation rate of 94%.

Information for editors:

Volkswagen Financial Services are a business division of the Volkswagen AG group of companies and comprise as at 01.09.2017 Volkswagen Financial Services AG along with its associated companies, Volkswagen Bank GmbH, Porsche Financial Services, and the financial services companies in the USA, Canada, and Spain that belong directly or indirectly to Volkswagen AG – with the exception of the financial services of the Scania brand and Porsche Holding Salzburg. The key business fields embrace dealer and customer financing, leasing, the bank and insurance business, fleet management and mobility offers. Volkswagen Financial Services have a total of 15,324 employees worldwide – including 6,503 alone in Germany. Volkswagen Financial Services report total assets of around EUR 170.1 billion, an operating result of EUR 2.1 billion euros and a portfolio of around 18.2 million current contracts (as at: 31.12.2016).