Rating

Credit Rating

Standard & Poors

Company Commercial Paper Senior Unsecured Senior Subordinated Outlook
Volkswagen Financial Services AG A-2 BBB+ N.A. stable
Volkswagen Bank GmbH A-2 BBB+ BBB stable
Company Nordic Regional Scale
Senior Unsecured
Outlook
Volkswagen Finans Sverige AB
K-1 N.A. /

Moody`s Investors Service

Company Commercial Paper
Senior Unsecured Junior Senior Unsecured
Outlook
Volkswagen Financial Services AG
P-2 A3 N.A. stable
Volkswagen Bank GmbH
P-1 A1 A3
stable

Fitch Ratings

Company Commercial Paper
Senior Unsecured Junior Senior Unsecured
Outlook
Volkswagen Financial Services AG
F1 A- N.A. stable

Sustainability Rating

Morning Star / Sustainalytics

Company ESG Risk Rating
Volkswagen Financial Services AG 12,4

Standard & Poors

Company ESG Evaluation
Volkswagen Financial Services AG 68

For rating information of Volkswagen AG please use the following link:

> to Investor Relations of the Volkswagen Group