Rating

Credit Rating

Standard & Poors

CompanyCommercial PaperSenior UnsecuredSenior SubordinatedOutlook
Volkswagen Financial Services AGA-2BBB+N.A.stable
Volkswagen Bank GmbHA-2BBB+BBBstable
CompanyNordic Regional Scale
Senior Unsecured
Outlook
Volkswagen Finans Sverige AB
K-1N.A./

Moody`s Investors Service

CompanyCommercial Paper
Senior UnsecuredJunior Senior Unsecured
Outlook
Volkswagen Financial Services AG
P-2A3N.A.stable
Volkswagen Bank GmbH
P-1A1A3
stable

Fitch Ratings

CompanyCommercial Paper
Senior UnsecuredJunior Senior Unsecured
Outlook
Volkswagen Financial Services AG
F1A-N.A.stable
Volkswagen Bank GmbHF1AA-stable

Sustainability Rating

Morning Star / Sustainalytics

CompanyESG Risk Rating
Volkswagen Financial Services AG12.3

Standard & Poors

CompanyESG Evaluation
Volkswagen Financial Services AG68

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

> to Investor Relations of the Volkswagen Group


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