VOLKSWAGEN A G UNSPONSORED ADR REPRESENTING 10 1 SHES PREF SHS

As this committee provides critical analysis and revenue estimates for all tax legislation, its work directly informs and influences tax policies that profoundly affect Volkswagen's corporate tax burden and investment strategies in the U.S.

This powerful committee directly impacts Volkswagen through its control over corporate taxation, trade policy (tariffs on imported vehicles and parts), and economic policies that affect consumer spending and corporate profitability.

This committee's oversight of antitrust laws and intellectual property is highly relevant to Volkswagen, impacting potential mergers, competitive practices within the auto industry, and the protection of its automotive technology patents.

As Volkswagen operates a financial services arm (e.g., VW Credit), regulations set by this committee on the financial system, credit markets, and consumer lending directly impact a significant part of its business and overall vehicle sales.

With vast jurisdiction over interstate commerce, consumer protection (FTC), and potentially automotive safety standards and emerging vehicle technologies (e.g., autonomous driving), this committee has significant direct influence on Volkswagen's operations and product lines.

This committee's oversight of national energy policy, including fuel efficiency standards and support for renewable energy or charging infrastructure, directly impacts Volkswagen's product development, especially its electric vehicle strategy.

This committee's oversight of the EPA means it directly influences vehicle emission standards and environmental regulations that are critical for an automotive manufacturer like Volkswagen.

As a global company, Volkswagen is significantly impacted by U.S. foreign policy, trade agreements, and sanctions, which can affect its supply chains, market access, and global sales.