Driver China eight. CITIC Trust Co., Ltd. Contact: Phone: Fax:

Deal Name: Issuer/Trustee: Originator/Servicer: Reporting Entity: Driver China eight CITIC Trust Co., Ltd Volkswagen Finance (China) Co., Ltd Volkswagen Finance (China) Co., Ltd Contact: Phone: +86 10 6589 7000 Fax: + 86 10 6591 1606 Email: ABSOperations.China@vwfsag.com Lead Underwriter: Joint Lead Underwriter: Co-Lead Underwriter: Financial Advisor: China Merchants Securities Co., Ltd Bank of Tokyo-Mitsubishi UFJ (China), Ltd Industrial and Commercial Bank of China Limited Bank of Tokyo-Mitsubishi UFJ (China), Ltd Volkswagen Finance (China) Co., Ltd ABS Operations ABSOperations.China@vwfsag.com +8610-65897000 1 / 31

Contents Page Table of Contents 1 Cover 2 Contents 3 Reporting Details 4 Parties Overview 5 Transaction Events I 6 Transaction Events II 7 Transaction Events III 8 Notes I 9 Notes II 10 Credit Enhancement 11 Waterfall 12 Amortisation Profile I 13 Amortisation Profile II 14 Run Out Schedule I 15 Run Out Schedule II 16 17 Delinquencies 18 Defaults 19 Delinquencies & Defaults 20 Defaults & Recoveries 21 Cumulative Gross Loss 22 Pool Data I 23 Pool Data II 24 Pool Data III 25 Pool Data IV 26 Pool Data V 27 Pool Data VI 28 Pool Data VII 29 Pool Data VIII 30 Share of Vehicles Fitted with an Unfixed EA189 Engine 31 Loan Level Data Volkswagen Finance (China) Co., Ltd ABS Operations ABSOperations.China@vwfsag.com +8610-65897000 2 / 31

Reporting Details Deal Overview Cut-Off Date: 2017/10/31 Information Date: Scheduled Date of Clean-Up-Call: 2019/10/26 Payment Date: Lagal Maturity Date: 2024/8/26 Reporting Date: Issue Date: 2017/12/7 Asset Collection Period: Period No.: 7 Interest Accrual Period: Reporting Frequency: Monthly Note Payment Period: Next Payment Date: 2018/8/27 Days accrued: 2018/7/10 2018/7/26 2018/6/30 from 2018/06/01 until 2018/06/30 from 2018/06/26 until 2018/07/26 from 2018/06/26 until 2018/07/26 30 Type of Car at Pool Cut Percentage of Percentage New Cars 62,968 99.40% 3,470,372,460.35 99.15% Used Cars 378 0.60% 29,660,927.98 0.85% Total 63,346 100.00% 3,500,033,388.33 100.00% Credit Type at Pool Cut Percentage of Percentage Classic Credit 62,702 98.98% 3,429,821,581.40 97.99% Used Car Classic Credit 378 0.60% 29,660,927.98 0.85% Balloon Credit 0 0.00% 0.00 0.00% Exquisite easy loan 263 0.42% 40,099,451.91 1.15% Enjoyable balance loan 3 0.00% 451,427.04 0.01% Total 63,346 100.00% 3,500,033,388.33 100.00% Volkswagen Finance (China) Co., Ltd ABS Operations ABSOperations.China@vwfsag.com +8610-65897000 3 / 31

Parties Overview Lead Underwriter: China Merchants Securities Co. Ltd. Registered Address: 38F-45F, Block A, Jiangsu Building, Yitian Road, Futian District, Shenzhen, Guangdong, People s Republic of China Legal Representative: Huo Da Contact: Cao Menghui, Zheng Qian, Yang Kaiyu Telephone: +8610 6084 0885 Post Code: 100033 Fax: +8610 5760 1990 Website: www.newone.com.cn E-mail: zsgs_driver@cmschina.com.cn Joint Lead Underwriter: Bank of Tokyo-Mitsubishi UFJ (China), Ltd. Registered Address: 22/F, AZIA Center, No. 1233, Lujiazui Ring Road, China (Shanghai) Free Trade Pilot Zone, Shanghai, People s Republic of China Legal Representative: Hidekazu Horikoshi Contact: Aoki Makoto, Chen Shile, Maki Hiroyuki, Zhen Ying, Li Rujun Telephone: +8621 6888 1666 Post Code: 200120 Fax: +8621 68881 665, 1667 Website: www.bk.mufg.jp E-mail: makoto_aoki@cn.mufg.jp Joint Lead Underwriter: Industrial and Commercial Bank of China Limited Registered Address: No.55 FuXingMenNei Street, Xicheng District, Beijing, People s Republic of China Legal Representative: Yi Huiman Contact: ShiYue He Telephone: +8610 8101 1218 Post Code: 100140 Fax: +8610 6610 7567 Website: www.icbc.com.cn/icbc/ Trust Company/Issuer: CITIC Trust Co., Ltd Registered Address: 13th Floor, Capital Mansion, 6 Xinyuannanlu, Chaoyang District, Beijing 100004, People s Republic of China Legal Representative: Chen Yisong Contact: Liu Ning Telephone: +86 10 8486 1336 Fax: +86 10 8486 2089 Website: trust.ecitic.com Email: liuning@citictrust.com.cn Email: shiyue.he@icbc.com.cn Account Bank: Bank of China Limited, Beijing Branch Registered Address: Building A, Building C and Building E, Kaiheng Center, No.2 Chaoyangmennei Avenue, Dongcheng District,Beijing, China People's Republic of China Legal Representative: Wang Jianhong Contact: Zhu Yuchen Telephone: +8610 6515439 Fax: +8610 66595255 Post Code: 100010 Website: http://www.boc.cn Clearing Systems/ Paying Agent: China Central Depository and Clearing Co., Ltd. Registered Address: No. 10, Jinrong Street, Xicheng District, Beijing, People s Republic of China Legal Representative: Liu Chengxiang Contact: Wang Jiayao Telephone: +8610 8817 0734 Post Code: 100033 Fax: +8610 8817 0752 Website: www.chinabond.com.cn Servicer/Originator: Volkswagen Finance (China) Co., Ltd Registered Address: Building 3, No. 15 Furong Street Wangjing, Chaoyang District, Beijing 100102, People's Republic of China Contact: ABS Operations Telephone: +86 10 6589 7000 Fax: +86 10 6591 1606 Website: www.volkswagen-finance-china.com.cn Email: ABSOperations.China@vwfsag.com Financial Advisor: Bank of Tokyo-Mitsubishi UFJ (China), Ltd. Registered Address: 22/F, AZIA Center, No. 1233, Lujiazui Ring Road, China (Shanghai) Free Trade Pilot Zone, Shanghai, People s Republic of China Legal Representative: Hidekazu Horikoshi Contact: Aoki Makoto, Chen Shile, Maki Hiroyuki, Zhen Ying, Li Rujun Telephone: +8621 6888 1666 Post Code: 200120 Fax: +8621 68881 665, 1667 Website: www.bk.mufg.jp E-mail: makoto_aoki@cn.mufg.jp Domestic Rating Agencies: China Chengxin International Credit Rating Co., Ltd Registered Address: Building 6, Galaxy SOHO, No.2 Nanzhugan Lane, Chaoyangmennei Avenue, Dongcheng District, Beijing 100010, People's Republic of China Telephone: 010-66428877 Email: yli@ccxi.com.cn China Bond Rating Co. Ltd Registered Address: 6/F, Tower 2, Yingtai Center, 28 Financial Street, Xicheng District, Beijing 100032, People's Republic of China Telephone: 18811434587 Email: liubo@chinaratings.com.cn International Rating Agencies: S&P Global Ratings Hong Kong Limited Registered Address: Unit 1 Level 69, International Commerce Centre,1 Austin Road West, Kowloon, Hong Kong Telephone: +86 139 1018 6941 Email: hongshan.chen@spglobal.com Moody s Investors Service Hong Kong Limited Registered Address: 24th Floor, One Pacific Place, 88 Queensway, Admiralty, Hong Kong Telephone: +852 3758 1309 Email: jerome.cheng@moodys.com Volkswagen Finance (China) Co., Ltd ABS Operations ABSOperations.China@vwfsag.com +8610-65897000 4 / 31

Transaction Events (I) Clean-Up Call Condition Percentage of Current Portfolio Min. Percentage of Portfolio 57.11% 10.00% The Clean-Up-Call Condition is planned to be reached in 10.2019 Clean-Up Call VW FC will have the option to exercise a Clean-Up Call and to repurchase the Purchased Loan from the Issuer at any time when the Aggregate is less than 10 percent. of the Aggregate Cutoff Date provided that all payment obligations under the Notes will be thereby fulfilled. Repurchase of contracts % of % of Re-Purchase Price Current Period 0 0.00% 0.00 0.00% 0.00 Previous Periods 0 0.00% 0.00 0.00% 0.00 Total 0 0.00% 0.00 0.00% 0.00 If a repurchase of receivables occurred, it would only result from non-eligibility as of the respective Cut Off Date (which has been discovered at a later stage). Transaction Party Replacements Capacity of Transaction Party Date of Replacement Reason for Replacement Replaced Party Replaced by Volkswagen Finance (China) Co., Ltd ABS Operations ABSOperations.China@vwfsag.com +8610-65897000 5 / 31

0.0071% 0.0172% 0.0378% 0.0650% 0.0979% 0.1406% 0.1545% Information Date: 10.07.2018 Transaction Events (II) Credit Enhancement Increase Conditions Level 1 Credit Enhancement Increase Condition shall be deemed to be in effect if the Cumulative Gross Loss Ratio exceeds (a) 1.20 per cent. for any Payment Date prior to or during Sep. 2018 Level 1b 1.60 per cent. for any Payment Date from Oct. 2018 but prior to or during May 2019. Level 2 Credit Enhancement Increase Condition shall be deemed to be in effect if the Cumulative Gross Loss Ratio exceeds 2.0 per cent. for any Payment Date. No No No Cumulative Gross Loss Amount Gross Loss in Current Period 13 488,485.55 Cumulative Gross Loss 74 5,408,505.50 Cumulative Gross Loss as of the End of the Monthly Period as of Cut-Off-Date Cumulative Gross Loss Ratio as percentage of defaults divided by the at Pool Cut 5,408,505.50 3,500,033,388.33 0.1545% in % 2.50% 2.25% 2.00% Cumulative Gross Losses in percent of Initial Pool Cumulative Gross Loss Ratio Level 1a/b Level 2 1.75% 1.50% 1.25% 1.00% 0.75% 0.50% 0.25% 0.00% Monthly Period Volkswagen Finance (China) Co., Ltd ABS Operations ABSOperations.China@vwfsag.com +8610-65897000 6 / 31

Transaction Events (III) Account Bank: Bank of China Limited Beijing Branch China Lianhe Credit Rating Co., Ltd China Lianhe Credit Rating Co., Ltd S&P Global Ratings Fitch Ratings Rating Rating Long Term Short Term Outlook Long Term Short Term Outlook Current Rating * AAA AAA A A-1 Stable A F1 Stable Minimum required Rating AA- AA - - - - - - If the Account Bank falls under the Required Rating, the Issuer is entitled to close the Accounts and appoint a successor account bank (the "Successor Account Bank") and open new accounts (the "Successor Accounts") at the Successor Account Bank. (Please refer to the Prospectus for a complete description of the mechanism) Required Rating: Fulfilled Servicer: Volkswagen Finance (China) Co., Ltd Required Rating: Fulfilled Volkswagen Finance (China) Co., Ltd ABS Operations ABSOperations.China@vwfsag.com +8610-65897000 7 / 31

Information regarding the Notes I Rating at Issue Date Rating Scale Class A Class B China Chengxin International Credit Rating Co., Ltd Local Scale AAA AA China Bond Rating Co. Ltd Local Scale AA+ AA S&P Global Ratings International Scale AA(sf) A-(sf) Moody s Investors Service International Scale Aa3(sf) A3(sf) Current Rating Rating Scale Class A Class B China Chengxin International Credit Rating Co., Ltd Local Scale AAA AA China Bond Rating Co. Ltd Local Scale AA+ AA S&P Global Ratings International Scale AA(sf) A-(sf) Moody s Investors Service International Scale Aa3(sf) A3(sf) Information on Notes Class A Class B Legal Maturity Date 2024/8/26 2024/8/26 Scheduled Clean Up Call Date 2019/10/26 2019/10/26 Nominal Amount 100.00 100.00 Information on Interest Class A Class B Interest Rate 5.14% 5.60% Fixed/Floating Fixed Fixed Current Coupon 5.14% 5.60% Day Count Convention actual/365 actual/365 Volkswagen Finance (China) Co., Ltd ABS Operations ABSOperations.China@vwfsag.com +8610-65897000 8 / 31

Information regarding the Notes II Monthly Period: 2018/6/30 Payment Date: 2018/7/26 Interest Accrual Period (from/until) 2018/06/26 until 2018/07/26 Days accrued 30 Class A Interest Rate 5.14% Class B Interest Rate 5.60% Day Count Convention actual/365 Interest Payments Class A Class B Total Interest Amount of the Reporting Period 7,288,303.98 607,561.64 Paid Interest 7,288,303.98 607,561.64 Unpaid Interest Class A Class B Unpaid Interest of the Reporting Period 0.00 0.00 Cumulative unpaid Interest 0.00 0.00 Note Class A Class B Note as of Cut off Date 3,073,000,000.00 132,000,000.00 Note as of the Beginning of the Period 1,725,182,200.00 132,000,000.00 Redemption Amount per Class 180,999,700.00 0.00 Class as of the End of the Period 1,544,182,500.00 132,000,000.00 Payments to Investors per Note Class A Class B Interest 0.24 0.46 Principal Repayment by Note 5.89 0.00 Notes 30,730,000 1,320,000 Note Factor 0.5025000 1.0000000 Overcollateralisation Class A Class B Initial OC Percentage at Poolcut 12% 8% Current OC Percentage 23% 16% Target OC Percentage 24% 18% Subordinated Note as of the Beginning of the Period 275,277,238.00 Redemption 0.00 as of the End of the Period 275,277,238.00 Volkswagen Finance (China) Co., Ltd ABS Operations ABSOperations.China@vwfsag.com +8610-65897000 9 / 31

Credit Enhancement Credit Enhancement as of Cutoff Date % of Aggregate Value Class B Note 3.77% 132,000,000.00 Subordinated Note 7.93% 277,546,789.84 Overcollateralization 0.50% 17,486,598.49 Cash Collateral Account 1.20% 42,000,000.00 Cash Collateral Account (CCA) in RMB in % of Initial at Poolcut 42,000,000.00 1.200% Targeted (Floor) 35,000,000.00 1.000% Current 35,000,000.00 1.000% Payment from CCA 0.00 - Payment to CCA 0.00 - as of the End of the Period 35,000,000.00 1.000% Calculation of Credit Enhancement Initially, Driver China eight's Credit Enhancement consists of the respective Note Issue in comparison to the Receivable as of Poolcut, minus any Senior Debt Issuance. This 'Overcollateralisation' is specific for each Note Series and increases with its seniority. Subsequently, the 'Overcollateralisation' is calculated (as an OC Percentage) on a monthly basis, all on end of month figures. Considering the seniority of the respective Note Series, redemption is made until an Overcollateralisation of 25% for Class A (18% for Class B) has been reached. However, if an Enforcement Event causes the transaction to switch into sequential payment mode, the OC Percentages will not determine the maximum redemtion amount and may be exceeded. In addition, there is the Cash Collateral Amount which is in principle to the benefit of all Tranches over the entire lifetime of the transaction. The transaction starts amortising Class A only until its OC Percentage is reached. The transaction switches into pro rata amortisation once an Overcollateralisation Percentage (i.e. Credit Enhancement excluding the Cash Collateral Account) of 25% for the Class A Notes and 18% for the Class B Notes has been reached. The amortisation will switch to sequential in case the Aggregate Receivable falls below 10,00% of the Aggregate Cut-Off Date Receivable, thus redeeming the most senior tranches before any redemtion goes to Junior Debt. Set Off Risk There is no Set Off Risk applicable Volkswagen Finance (China) Co., Ltd ABS Operations ABSOperations.China@vwfsag.com +8610-65897000 10 / 31

Waterfall Available Distribution Amount Calculation Payment to waterfall position Remaining Amount Available Collections Amount 201,148,547.04 201,148,547.04 Interest income 79,377.45 201,227,924.49 Remaining Rounding Amount (Previous Period) 186,816.12 201,414,740.61 Waterfall Payment to waterfall position Remaining Amount Available Distribution Amount 0.00 191,009,470.15 1) Taxes - 135,165.80 190,874,304.35 2) Administrative Expenses - 63,144.71 190,811,159.64 3) Servicer Fee payable to the Servicer - 1,814,858.87 188,996,300.77 4) Interest Payment Class A Notes - 7,288,303.98 181,707,996.79 5) Interest Payment Class B Notes - 607,561.64 181,100,435.15 6) Class A Principal Payment Amount - 180,999,700.00 100,735.15 7) Class B Principal Payment Amount 0.00 100,735.15 Remaining Rounding Amount (Current Period) - 100,735.15 0.00 8) Interest Payment Subordinated Notes 0.00 0.00 9) Subordinated Note Principal Amount 0.00 0.00 10) Final Success Fee payable to the Originator 0.00 0.00 Distribution of Cash Collateral Account Surplus Payment Amount Remaining Amount Available Distribution Amount 66.91 66.91 Interest Payment Subordinated Notes - 66.91 0.00 Subordinated Note Principal Amount 0.00 0.00 Volkswagen Finance (China) Co., Ltd ABS Operations ABSOperations.China@vwfsag.com +8610-65897000 11 / 31

Amortisation Profile I Note Class Class A Class B Sub Note WAL At Closing: 0.84 yrs Current: 0.46 At Closing: 1.27 yrs Current: 0.69 At Closing: 1.32 yrs Current: 0.76 Payment Date Actual Note Forecasted Note Forecasted Note Forecasted Note Actual Note Actual Note Poolcut 3,073,000,000.00-132,000,000.00-277,546,789.84-2018/1/26 2,682,729,000.00-132,000,000.00-275,889,233.18-2018/2/26 2,490,359,200.00-132,000,000.00-275,277,238.00-2018/3/26 2,303,828,100.00-132,000,000.00-275,277,238.00-2018/4/26 2,107,463,400.00-132,000,000.00-275,277,238.00-2018/5/26 1,915,400,900.00-132,000,000.00-275,277,238.00-2018/6/26 1,725,182,200.00-132,000,000.00-275,277,238.00-2018/7/26 1,544,182,500.00-132,000,000.00-275,277,238.00-2018/8/26-1,390,948,335.90-115,174,289.41-275,277,238.00 2018/9/26-1,270,271,871.05-100,284,621.40-262,778,003.29 2018/10/26-1,153,446,740.40-91,061,584.77-235,391,643.33 2018/11/26-1,040,727,092.71-82,162,665.21-209,171,871.46 2018/12/26-932,991,296.88-73,657,207.65-183,848,420.05 2019/1/26-831,148,995.26-65,617,025.94-160,070,839.26 2019/2/26-737,854,962.83-58,251,707.59-138,256,153.15 2019/3/26-654,218,663.88-51,648,841.89-118,218,137.51 2019/4/26-575,501,643.26-45,434,340.26-99,745,166.87 2019/5/26-501,612,926.36-39,601,020.50-82,251,116.07 2019/6/26-433,278,190.63-34,206,172.94-66,142,447.97 2019/7/26-372,427,142.22-29,402,142.81-51,678,143.91 2019/8/26-319,491,435.05-25,223,008.03-39,135,665.73 2019/9/26-275,603,313.15-21,758,156.30-28,702,768.88 2019/10/26-0.00-0.00-0.00 2019/11/26-0.00-0.00-0.00 2019/12/26-0.00-0.00-0.00 2020/1/26-0.00-0.00-0.00 2020/2/26-0.00-0.00-0.00 2020/3/26-0.00-0.00-0.00 2020/4/26-0.00-0.00-0.00 2020/5/26-0.00-0.00-0.00 2020/6/26-0.00-0.00-0.00 2020/7/26-0.00-0.00-0.00 2020/8/26-0.00-0.00-0.00 2020/9/26-0.00-0.00-0.00 2020/10/26-0.00-0.00-0.00 + Based on the following assumptions: CPR of 5% and Clean Up Call at 10% of the oustanding portfolio Volkswagen Finance (China) Co., Ltd ABS Operations ABSOperations.China@vwfsag.com +8610-65897000 12 / 31

Amortisation Profile II in RMB 3,500,000,000 3,000,000,000 2,500,000,000 Amortisation Profile Class A-Notes Actual Amort. A-Notes Expected Amort. A-Notes Assuming a Clean-Up Call at 10% of the initial outstanding discounted receivables balance, annual prepayments of 5% and 0% defaults 2,000,000,000 1,500,000,000 1,000,000,000 500,000,000 0 Reporting Period in RMB 140,000,000 120,000,000 100,000,000 Amortisation Profile Class B-Notes Actual Amort. B-Notes Expected Amort. B-Notes Assuming a Clean-Up Call at 10% of the initial outstanding discounted receivables balance, annual prepayments of 5% and 0% defaults 80,000,000 60,000,000 40,000,000 20,000,000 0 Reporting Period in RMB 300,000,000 270,000,000 240,000,000 210,000,000 180,000,000 150,000,000 120,000,000 90,000,000 60,000,000 30,000,000 0 Amortisation Profile Sub-Notes Actual Amort. Sub-Notes Expected Amort. Sub-Notes Assuming a Clean-Up Call at 10% of the initial outstanding discounted receivables balance, annual prepayments of 5% and 0% defaults Reporting Period Volkswagen Finance (China) Co., Ltd ABS Operations ABSOperations.China@vwfsag.com +8610-65897000 13 / 31

Run Out Schedule I Payment Date Remaining Interest Remaining Capital Remaining Instalments arrears 211,517.55 4,222,233.00 4,433,750.55 07/2018 11,215,077.76 164,423,767.71 175,638,845.47 08/2018 10,290,577.08 158,784,822.18 169,075,399.26 09/2018 9,397,782.63 153,717,277.17 163,115,059.80 10/2018 8,533,481.03 148,315,325.90 156,848,806.93 11/2018 7,699,551.33 141,757,626.10 149,457,177.43 12/2018 6,902,497.48 134,003,028.45 140,905,525.93 01/2019 6,149,044.10 122,755,305.82 128,904,349.92 02/2019 5,458,829.87 110,047,761.78 115,506,591.65 03/2019 4,840,065.54 103,575,027.13 108,415,092.67 04/2019 4,257,702.44 97,221,995.92 101,479,698.36 05/2019 3,711,057.61 89,914,125.96 93,625,183.57 06/2019 3,205,500.64 80,067,168.96 83,272,669.60 07/2019 2,755,308.82 69,652,246.28 72,407,555.10 08/2019 2,363,678.72 57,747,528.81 60,111,207.53 09/2019 2,038,983.41 49,667,186.78 51,706,170.19 10/2019 1,759,720.77 47,397,750.84 49,157,471.61 11/2019 1,493,218.71 43,892,019.71 45,385,238.42 12/2019 1,246,427.86 40,314,523.94 41,560,951.80 01/2020 1,019,752.49 37,084,025.19 38,103,777.68 02/2020 811,240.85 30,887,779.67 31,699,020.52 03/2020 637,568.57 28,964,148.95 29,601,717.52 04/2020 474,713.14 25,596,351.50 26,071,064.64 05/2020 330,793.05 22,659,783.09 22,990,576.14 06/2020 203,385.10 17,614,075.01 17,817,460.11 07/2020 104,347.64 11,808,631.08 11,912,978.72 08/2020 37,951.38 3,869,319.35 3,907,270.73 09/2020 16,195.22 280,318.94 296,514.16 10/2020 14,619.08 275,439.11 290,058.19 11/2020 13,070.36 265,150.63 278,220.99 12/2020 11,579.51 257,212.34 268,791.85 01/2021 10,133.29 252,731.02 262,864.31 02/2021 8,712.26 244,360.11 253,072.37 03/2021 7,338.32 234,268.60 241,606.92 04/2021 6,021.10 211,573.15 217,594.25 05/2021 4,831.49 190,652.56 195,484.05 06/2021 3,759.51 151,986.41 155,745.92 07/2021 2,904.94 134,502.91 137,407.85 08/2021 2,148.69 72,241.52 74,390.21 09/2021 1,742.51 42,761.75 44,504.26 10/2021 1,502.05 43,002.21 44,504.26 11/2021 1,260.26 43,244.00 44,504.26 12/2021 1,017.13 43,487.13 44,504.26 01/2022 772.63 32,377.07 33,149.70 02/2022 590.57 26,263.60 26,854.17 03/2022 442.91 23,188.62 23,631.53 04/2022 312.51 16,718.05 17,030.56 05/2022 218.51 16,812.05 17,030.56 06/2022 123.99 15,659.11 15,783.10 07/2022 35.95 6,392.36 6,428.31 Total 97,259,108.36 1,998,841,179.53 2,096,100,287.89 Volkswagen Finance (China) Co., Ltd ABS Operations ABSOperations.China@vwfsag.com +8610-65897000 14 / 31

Run Out Schedule II in RMB 4,000,000,000 3,500,000,000 Expected Amortisation of the Asset-Portfolio The expected Portfolio amortisation is solely based on the scheduled payments according to rental plan, no assumptions on prepayments or defaults are made. 3,000,000,000 2,500,000,000 2,000,000,000 1,500,000,000 1,000,000,000 500,000,000 Reporting Period 0 Expected Disocunted Asset-Portfolio Actual Asset-Portfolio Volkswagen Finance (China) Co., Ltd ABS Operations ABSOperations.China@vwfsag.com +8610-65897000 15 / 31

Overview Collections by Source Collections Paid instalments 181,132,572.17 Early settlements 9,211,980.71 Penalty interest 5,570.09 Fee components 503,152.77 Collection for write-off loans 32,320.84 Total 190,885,596.58 Collections by Status Collections Current 176,427,205.17 Matured 4,467,186.80 Delinquent 44,955.94 Default 21,999.99 Write off 32,320.84 Partial Prepayment 0.00 Full prepayment 9,891,927.84 Prolonged 0.00 New 0.00 Total 190,885,596.58 as of Pool Cut Date Credit Type Customer Type Vehicle Status Classic Credit Used Car Classic Credit Balloon Credit Exquisite easy loan Enjoyable balance loan Corporate Individual New Vehicle Used Vehicle Contract Status Development Current 63,346 3,500,033,388.33 62702 3,429,821,581.40 378 29,660,927.98 0 0.00 263 40,099,451.91 3 451,427.04 1905 124,349,668.27 61441 3,375,683,720.06 62968 3,470,372,460.35 378 29,660,927.98 Matured 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 Delinquent 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 Default 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 Write off 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 Partial Prepayment 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 Full prepayment 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 Prolonged 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 New 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 Total 63,346 3,500,033,388.33 62,702 3,429,821,581.40 378 29,660,927.98 0 0.00 263 40,099,451.91 3 451,427.04 1,905 124,349,668.27 61,441 3,375,683,720.06 62,968 3,470,372,460.35 378 29,660,927.98 as of Current Reporting Period Credit Type Customer Type Vehicle Status Classic Credit Used Car Classic Credit Balloon Credit Exquisite easy loan Enjoyable balance loan Corporate Individual New Vehicle Used Vehicle Contract Status Development Current 57,785 1,980,468,330.21 57255 1,932,807,096.91 294 15,041,469.48 0 0.00 234 32,554,244.16 2 65,519.66 1676 72,214,770.39 56109 1,908,253,559.82 57491 1,965,426,860.73 294 15,041,469.48 Matured 3,368 0.00 3,301 0.00 42 0.00 0 0.00 24 0.00 1 0.00 167 0.00 3,201 0.00 3,326 0.00 42 0.00 Delinquent 345 15,403,525.85 339 14,845,882.39 6 557,643.46 0 0.00 0 0.00 0 0.00 22 570,016.80 323 14,833,509.05 339 14,845,882.39 6 557,643.46 Default 43 2,968,400.60 41 2,744,137.38 1 48,839.79 0 0.00 1 175,423.43 0 0.00 1 262,881.24 42 2,705,519.36 42 2,919,560.81 1 48,839.79 Write off 29 0.00 29 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 29 0.00 29 0.00 0 0.00 Partial Prepayment 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 Full prepayment 1,776 922.87 1737 922.87 35 0.00 0 0.00 4 0.00 0 0.00 39 922.87 1737 0.00 1741 922.87 35 0.00 Prolonged 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 New 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 Total 63,346 1,998,841,179.53 62,702 1,950,398,039.55 378 15,647,952.73 0 0.00 263 32,729,667.59 3 65,519.66 1,905 73,048,591.30 61,441 1,925,792,588.23 62,968 1,983,193,226.80 378 15,647,952.73 Volkswagen Finance (China) Co., Ltd ABS Operations ABSOperations.China@vwfsag.com +8610-65897000 16 / 31

Delinquencies Days in Arrears (%) (%) 2 3 4 5 6 7 Customer Credit Type Type Vehicle Status Balloon Credit Classic Credit Enjoyable balance loan Corporate Individual Used Car Classic Credit Exquisite easy loan New <= 30 294 0.46% 12,846,105.32 0.64% 291 12,487,388.88 3 358,716.44 0 0.00 0 0.00 0 0.00 13 286,965.96 281 12,559,139.36 291 12,487,388.88 3 358,716.44 > 30 and 23 0.04% 1,074,254.07 0.05% 26 1,297,113.18 2 186,053.28 0 0.00 0 0.00 0 0.00 7 225,939.56 21 1,257,226.90 26 1,297,113.18 2 186,053.28 <= 60 > 60 and <= 90 28 0.04% 1,483,166.46 0.07% 22 1,061,380.33 1 12,873.74 0 0.00 0 0.00 0 0.00 2 57,111.28 21 1,017,142.79 22 1,061,380.33 1 12,873.74 > 90 and <= 120 0 0.00% 0.00 0.00% 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 > 120 and <= 150 0 0.00% 0.00 0.00% 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 > 150 and <= 180 0 0.00% 0.00 0.00% 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 >180 0 0.00% 0.00 0.00% 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 Total 345 0.54% 15,403,525.85 0.77% 339 14,845,882.39 6 557,643.46 0 0.00 0 0.00 0 0.00 22 570,016.80 323 14,833,509.05 339 14,845,882.39 6 557,643.46 Used 50,000,000 Delinquencies I- of delinquent contracts 45,000,000 40,000,000 35,000,000 30,000,000 25,000,000 20,000,000 15,000,000 10,000,000 5,000,000 0 10/2017 11/2017 12/2017 01/2018 02/2018 03/2018 04/2018 05/2018 06/2018 07/2018 08/2018 09/2018 10/2018 11/2018 12/2018 01/2019 02/2019 03/2019 04/2019 05/2019 06/2019 07/2019 08/2019 09/2019 10/2019 11/2019 12/2019 01/2020 02/2020 03/2020 04/2020 05/2020 06/2020 07/2020 08/2020 09/2020 10/2020 11/2020 Period <= 30 > 30 and <= 60 > 60 and <= 90 > 90 and <= 120 > 120 and <= 150 > 150 and <= 180 >180 Volkswagen Finance (China) Co., Ltd ABS Operations ABSOperations.China@vwfsag.com +8610-65897000 17 / 31

Defaults Credit Type Customer Type Vehicle Status Used Car Classic Credit Balloon Credit Exquisite easy loan Classic Credit Enjoyable balance loan Corporate Individual New Used Days in Arrears (%) (%) <= 30 0 0.00% 0.00 0.00% 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 > 30 and <= 60 0 0.00% 0.00 0.00% 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 > 60 and <= 90 1 0.00% 48,643.75 0.00% 15 1,164,984.35 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 15 1,164,984.35 15 1,164,984.35 0 0.00 > 90 and <= 120 11 0.02% 409,707.80 0.02% 14 1,120,801.48 1 48,839.79 0 0.00 1 175,423.43 0 0.00 1 262,881.24 15 1,082,183.46 15 1,296,224.91 1 48,839.79 > 120 and <= 150 16 0.03% 1,345,064.70 0.07% 1 48,643.75 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 1 48,643.75 1 48,643.75 0 0.00 > 150 and <= 180 15 0.02% 1,164,984.35 0.06% 11 409,707.80 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 11 409,707.80 11 409,707.80 0 0.00 >180 0 0.00% 0.00 0.00% 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 Total 43 0.07% 2,968,400.60 0.15% 41 2,744,137.38 1 48,839.79 0 0.00 1 175,423.43 0 0.00 1 262,881.24 42 2,705,519.36 42 2,919,560.81 1 48,839.79 6,000,000 Defaults - of default contracts 5,000,000 4,000,000 3,000,000 2,000,000 1,000,000 0 Period <= 30 > 30 and <= 60 > 60 and <= 90 > 90 and <= 120 > 120 and <= 150 > 150 and <= 180 >180 Volkswagen Finance (China) Co., Ltd ABS Operations ABSOperations.China@vwfsag.com +8610-65897000 18 / 31

Delinquencies&Defaults Credit Type Customer Type Vehicle Status Classic Credit Used Car Classic Credit Balloon Credit Exquisite easy loan Enjoyable balance loan Corporate Individual New Used Days in Arrears (%) (%) <= 30 294 0.46% 12,846,105.32 0.64% 291 12,487,388.88 3 358,716.44 0 0.00 0 0.00 0 0.00 13 286,965.96 281 12,559,139.36 291 12,487,388.88 3 358,716.44 > 30 and <= 60 23 0.04% 1,074,254.07 0.05% 26 1,297,113.18 2 186,053.28 0 0.00 0 0.00 0 0.00 7 225,939.56 21 1,257,226.90 26 1,297,113.18 2 186,053.28 > 60 and <= 90 29 0.05% 1,531,810.21 0.08% 37 2,226,364.68 1 12,873.74 0 0.00 0 0.00 0 0.00 2 57,111.28 36 2,182,127.14 37 2,226,364.68 1 12,873.74 > 90 and <= 120 11 0.02% 409,707.80 0.02% 14 1,120,801.48 1 48,839.79 0 0.00 1 175,423.43 0 0.00 1 262,881.24 15 1,082,183.46 15 1,296,224.91 1 48,839.79 > 120 and <= 150 16 0.03% 1,345,064.70 0.07% 1 48,643.75 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 1 48,643.75 1 48,643.75 0 0.00 > 150 and <= 180 15 0.02% 1,164,984.35 0.06% 11 409,707.80 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 11 409,707.80 11 409,707.80 0 0.00 >180 0 0.00% 0.00 0.00% 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 Total 388 0.61% 18,371,926.45 0.92% 380 17,590,019.77 7 606,483.25 0 0.00 1 175,423.43 0 0.00 23 832,898.04 365 17,539,028.41 381 17,765,443.20 7 606,483.25 50,000,000 Delinquencies&Defaults - discounted receivables balance of Delinquencies&Default contracts 45,000,000 40,000,000 35,000,000 30,000,000 25,000,000 20,000,000 15,000,000 10,000,000 5,000,000 0 Period <= 30 > 30 and <= 60 > 60 and <= 90 > 90 and <= 120 > 120 and <= 150 > 150 and <= 180 >180

Defaults & Recoveries Credit Type Vehicle Status Nominal Principal at Day of Default* at Day of Default* Total Recoveries Total Write Offs Nominal Principal End of Reporting Period* End of Reporting Period* Classic Credit New 41 2,812,042.25 2,754,829.05 0.00 0.00 2,800,042.25 2,744,137.38 Used 0 0.00 0.00 0.00 0.00 0.00 0.00 Subtotal 41 2,812,042.25 2,754,829.05 0.00 0.00 2,800,042.25 2,744,137.38 Used Car Classic Credit New 0 0.00 0.00 0.00 0.00 0.00 0.00 Used 1 49,876.92 48,839.79 0.00 0.00 49,876.92 48,839.79 Subtotal 1 49,876.92 48,839.79 0.00 0.00 49,876.92 48,839.79 Balloon Credit New 0 0.00 0.00 0.00 0.00 0.00 0.00 Used 0 0.00 0.00 0.00 0.00 0.00 0.00 Subtotal 0 0.00 0.00 0.00 0.00 0.00 0.00 Exquisite easy loan New 1 179,321.95 175,423.43 0.00 0.00 179,321.95 175,423.43 Used 0 0.00 0.00 0.00 0.00 0.00 0.00 Subtotal 1 179,321.95 175,423.43 0.00 0.00 179,321.95 175,423.43 Enjoyable balance loan New 0 0.00 0.00 0.00 0.00 0.00 0.00 Used 0 0.00 0.00 0.00 0.00 0.00 0.00 Subtotal 0 0.00 0.00 0.00 0.00 0.00 0.00 Total 43 3,041,241.12 2,979,092.27 0.00 0.00 3,029,241.12 2,968,400.60 Volkswagen Finance (China) Co., Ltd ABS Operations ABSOperations.China@vwfsag.com +8610-65897000 20 / 31

Cumulative Gross Loss Default of the Monthly Period Credit Type Type of Car Amount Classic Credit New 13 488,485.55 Used 0 0.00 Subtotal 13 488,485.55 Used Car Classic Credit New 0 0.00 Used 0 0.00 Subtotal 0 0.00 Balloon Credit New 0 0.00 Used 0 0.00 Subtotal 0 0.00 Exquisite easy loan New 0 0.00 Used 0 0.00 Subtotal 0 0.00 Enjoyable balance loan New 0 0.00 Used 0 0.00 Subtotal 0 0.00 Total 13 488,485.55 Spalte1 Spalte2 Spalte3 Spalte3 Spalte5 Cumulative Gross Loss as of the End of the Monthly Period as of Cut-Off-Date Cumulative Gross Loss Ratio 74 3,500,033,388.33 0.1545% Current Period Cumulative Gross Loss Monthly Period Gross Loss Gross Loss 12/2017 2 250,183.37 2 250,183.37 01/2018 5 352,426.93 7 602,610.30 02/2018 5 720,901.30 12 1,323,511.60 03/2018 15 952,866.54 27 2,276,378.14 04/2018 16 1,151,081.52 43 3,427,459.66 05/2018 18 1,492,560.29 61 4,920,019.95 06/2018 13 488,485.55 74 5,408,505.50 07/2018 08/2018 09/2018 10/2018 11/2018 12/2018 01/2019 02/2019 03/2019 04/2019 05/2019 06/2019 07/2019 08/2019 09/2019 10/2019 Total 74 5,408,505.50 74 5,408,505.50 Volkswagen Finance (China) Co., Ltd ABS Operations ABSOperations.China@vwfsag.com +8610-65897000 21 / 31

Down Payment Credit Type Customer Type Vehicle Status Classic Credit Used Car Classic Credit Balloon Credit Exquisite easy loan Enjoyable balance loan Corporate Individual New Used Down Down Down Down Payment/ Down Payment/ Down Payment/ Percentage Percentage Down Payment/ Down Payment/ Down Payment/ Down Payment/ Payment/ Payment/ Payment/ Down Payment Purchase Price Purchase Price in Purchase Price in of Loans of Purchase Price in % Purchase Price in % Purchase Price in % Purchase Price in % Purchase Purchase Purchase in % % % Price in % Price in % Price in % > 0 and <= 30,000 6,813 11.71% 146,628,691.73 7.34% 32.98% 6,766 145,354,088.01 32.98% 47 1,274,603.72 32.44% 0 0.00 0.00% 0 0.00 0.00% 0 0.00 0.00% 794 16,118,581.65 33.00% 6,019 130,510,110.08 32.97% 6,766 145,354,088.01 32.98% 47 1,274,603.72 32.44% > 30,000 and <= 60,000 22,602 38.85% 625,162,166.68 31.28% 40.60% 22,523 621,377,997.89 40.61% 57 1,845,151.57 42.55% 0 0.00 0.00% 22 1,939,017.22 30.00% 0 0.00 0.00% 402 9,412,636.55 41.44% 22,200 615,749,530.13 40.59% 22,545 623,317,015.11 40.60% 57 1,845,151.57 42.55% > 60,000 and <= 90,000 14,875 25.57% 497,255,066.99 24.88% 47.01% 14,710 480,361,667.71 47.22% 52 2,714,563.27 43.81% 0 0.00 0.00% 113 14,178,836.01 30.52% 0 0.00 0.00% 140 7,865,673.68 35.97% 14,735 489,389,393.31 47.15% 14,823 494,540,503.72 47.02% 52 2,714,563.27 43.81% > 90,000 and <= 120,000 6,610 11.36% 299,232,432.67 14.97% 47.85% 6,512 286,981,062.27 48.09% 38 2,348,477.45 45.53% 0 0.00 0.00% 59 9,865,628.09 31.35% 1 37,264.86 50.00% 141 8,541,146.59 40.64% 6,469 290,691,286.08 48.04% 6,572 296,883,955.22 47.87% 38 2,348,477.45 45.53% > 120,000 and <= 150,000 3,499 6.01% 159,453,970.68 7.98% 53.95% 3,439 154,504,131.93 54.12% 41 1,908,333.63 50.43% 0 0.00 0.00% 19 3,041,505.12 38.55% 0 0.00 0.00% 64 5,592,468.83 41.84% 3,435 153,861,501.85 54.24% 3,458 157,545,637.05 53.99% 41 1,908,333.63 50.43% > 150,000 and <= 180,000 1,306 2.25% 85,427,543.61 4.27% 52.85% 1,263 81,298,343.86 53.02% 29 1,927,133.27 50.85% 0 0.00 0.00% 14 2,202,066.48 43.52% 0 0.00 0.00% 35 5,890,748.58 35.35% 1,271 79,536,795.03 53.60% 1,277 83,500,410.34 52.90% 29 1,927,133.27 50.85% > 180,000 and <= 210,000 1,180 2.03% 78,139,706.40 3.91% 52.77% 1,165 76,829,574.12 52.82% 12 764,576.82 50.08% 0 0.00 0.00% 3 545,555.46 44.63% 0 0.00 0.00% 38 5,761,247.81 36.68% 1,142 72,378,458.59 53.55% 1,168 77,375,129.58 52.80% 12 764,576.82 50.08% >210,000 and <= 240,000 805 1.38% 49,495,232.73 2.48% 56.13% 797 48,369,396.92 56.18% 4 338,295.36 55.32% 0 0.00 0.00% 4 787,540.45 47.88% 0 0.00 0.00% 36 4,649,549.58 42.22% 769 44,845,683.15 57.02% 801 49,156,937.37 56.13% 4 338,295.36 55.32% >240,000 and <= 270,000 150 0.26% 10,777,824.33 0.54% 56.53% 146 10,440,995.81 56.71% 4 336,828.52 50.50% 0 0.00 0.00% 0 0.00 0.00% 0 0.00 0.00% 7 1,030,834.43 43.85% 143 9,746,989.90 57.34% 146 10,440,995.81 56.71% 4 336,828.52 50.50% >270,000 and <= 300,000 101 0.17% 12,013,930.23 0.60% 44.11% 97 11,398,729.97 43.72% 3 445,681.50 55.42% 0 0.00 0.00% 1 169,518.76 60.00% 0 0.00 0.00% 20 2,788,989.69 39.73% 81 9,224,940.54 45.37% 98 11,568,248.73 43.84% 3 445,681.50 55.42% >300,000 232 0.40% 35,254,613.48 1.76% 50.25% 217 33,482,051.06 49.96% 14 1,744,307.62 55.60% 0 0.00 0.00% 0 0.00 0.00% 1 28,254.80 50.00% 22 5,395,791.04 43.34% 210 29,858,822.44 51.37% 218 33,510,305.86 49.96% 14 1,744,307.62 55.60% Total 58,173 100.00% 1,998,841,179.53 100.00% 0.00% 57,635 1,950,398,039.55 0.00% 301 15,647,952.73 0.00% 0 0.00 0.00% 235 32,729,667.59 0.00% 2 65,519.66 0.00% 1,699 73,047,668.43 0.00% 56,474 1,925,793,511.10 0.00% 57,872 1,983,193,226.80 0.00% 301 15,647,952.73 0.00% Minimum Down Payment Maximum Down Payment Average Down Payment Type of Payment Statistics Down Payments 11,600.00 1,989,000.00 96,118.48 Credit Type Customer Type Vehicle Status Used Car Classic Credit Balloon Credit Exquisite easy loan Corporate Individual Classic Credit Enjoyable balance loan New Used Percentage Percentage Type of Payment Loans of Loans of Direct Debit 58,173 100.00% 1,998,841,179.53 100.00% 57,635 1,950,398,039.55 301 15,647,952.73 0 0.00 235 32,729,667.59 2 65,519.66 1,699 73,047,668.43 56,474 1,925,793,511.10 57,872 1,983,193,226.80 301 15,647,952.73 Others 0 0.00% 0.00 0.00% 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 Total 58,173 100.00% 1,998,841,179.53 100.00% 57,635 1,950,398,039.55 301 15,647,952.73 0 0.00 235 32,729,667.59 2 65,519.66 1,699 73,047,668.43 56,474 1,925,793,511.10 57,872 1,983,193,226.80 301 15,647,952.73 Volkswagen Finance (China) Co., Ltd ABS Operations ABSOperations.China@vwfsag.com +8610-65897000 22 / 31

Distribution of Loan per Borrower Contract Concentration Customers Percentage of Customers Loans Percentage of Loans Percentage of 1 57,248 99.57% 57,248 98.41% 1,978,837,984.44 99.00% 2 102 0.18% 204 0.35% 5,011,012.03 0.25% 3 60 0.10% 180 0.31% 3,114,959.53 0.16% 4 35 0.06% 140 0.24% 2,914,097.25 0.15% 5 22 0.04% 110 0.19% 1,910,031.81 0.10% 6-10 25 0.04% 181 0.31% 4,321,548.04 0.22% > 10 5 0.01% 110 0.19% 2,731,546.43 0.14% Total 57,497 100.00% 58,173 100.00% 1,998,841,179.53 100.00% Top 20 Borrower Number Percentage of 1 1,828,689.97 0.09% 1 2 1,776,691.65 0.09% 1 3 1,362,235.78 0.07% 1 4 1,148,019.56 0.06% 1 5 1,119,040.14 0.06% 1 6 1,080,386.39 0.05% 31 7 925,557.39 0.05% 1 8 914,813.20 0.05% 1 9 863,130.45 0.04% 1 10 636,403.91 0.03% 1 11 623,101.50 0.03% 25 12 614,789.42 0.03% 1 13 530,291.93 0.03% 2 14 457,033.57 0.02% 1 15 454,455.51 0.02% 19 16 432,754.65 0.02% 1 17 417,346.99 0.02% 1 18 411,830.25 0.02% 1 19 411,309.57 0.02% 1 20 408,083.64 0.02% 1 Total 16,415,965.47 0.82% 93 Volkswagen Finance (China) Co., Ltd ABS Operations ABSOperations.China@vwfsag.com +8610-65897000 23 / 31

Distribution by Credit Type Customer Type Vehicle Status Used Car Classic Credit Balloon Credit Exquisite easy loan Classic Credit Enjoyable balance loan Corporate Individual New Distribution by Percentage Percentage of Loans of Loans >= 0 and <= 50,000 48,573 83.50% 1,154,369,142.15 57.75% 48,371 1,148,851,672.82 200 5,451,949.67 0 0.00 0 0.00 2 65,519.66 1,367 28,489,581.43 47,206 1,125,879,560.72 48,373 1,148,917,192.48 200 5,451,949.67 >50,000 and <= 100,000 7,326 12.59% 487,340,842.99 24.38% 7,220 479,348,675.52 67 4,757,162.79 0 0.00 39 3,235,004.68 0 0.00 162 11,331,720.95 7,164 476,009,122.04 7,259 482,583,680.20 67 4,757,162.79 >100,000 and <= 150,000 1,400 2.41% 170,277,385.22 8.52% 1,263 152,665,177.72 19 2,386,268.10 0 0.00 118 15,225,939.40 0 0.00 63 7,887,990.57 1,337 162,389,394.65 1,381 167,891,117.12 19 2,386,268.10 >150,000 and <= 200,000 539 0.93% 91,074,113.84 4.56% 466 78,654,043.68 9 1,523,264.96 0 0.00 64 10,896,805.20 0 0.00 53 8,958,203.87 486 82,115,909.97 530 89,550,848.88 9 1,523,264.96 >200,000 and <= 250,000 159 0.27% 35,361,979.08 1.77% 143 31,830,815.73 4 890,078.00 0 0.00 12 2,641,085.35 0 0.00 25 5,562,493.66 134 29,799,485.42 155 34,471,901.08 4 890,078.00 >250,000 and <= 300,000 113 0.19% 30,678,176.72 1.53% 113 30,678,176.72 0 0.00 0 0.00 0 0.00 0 0.00 17 4,726,746.44 96 25,951,430.28 113 30,678,176.72 0 0.00 >300,000 and <= 350,000 28 0.05% 8,996,553.33 0.45% 25 8,037,800.73 2 639,229.21 0 0.00 1 319,523.39 0 0.00 4 1,254,279.81 24 7,742,273.52 26 8,357,324.12 2 639,229.21 >350,000 and <= 400,000 19 0.03% 7,015,256.06 0.35% 19 7,015,256.06 0 0.00 0 0.00 0 0.00 0 0.00 4 1,481,811.46 15 5,533,444.60 19 7,015,256.06 0 0.00 >400,000 and <= 450,000 5 0.01% 2,081,325.10 0.10% 4 1,670,015.53 0 0.00 0 0.00 1 411,309.57 0 0.00 2 844,584.90 3 1,236,740.20 5 2,081,325.10 0 0.00 >450,000 and <= 500,000 1 0.00% 457,033.57 0.02% 1 457,033.57 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 1 457,033.57 1 457,033.57 0 0.00 >500,000 10 0.02% 11,189,371.47 0.56% 10 11,189,371.47 0 0.00 0 0.00 0 0.00 0 0.00 2 2,510,255.34 8 8,679,116.13 10 11,189,371.47 0 0.00 Total 58,173 100.00% 1,998,841,179.53 100.00% 57,635 1,950,398,039.55 301 15,647,952.73 0 0.00 235 32,729,667.59 2 65,519.66 1,699 73,047,668.43 56,474 1,925,793,511.10 57,872 1,983,193,226.80 301 15,647,952.73 Used Statistics Minimum Maximum Average 0.00 1,828,689.97 34,360.27 Distribution by Original Principal Credit Type Customer Type Vehicle Status Classic Credit Used Car Classic Credit Balloon Credit Exquisite easy loan Enjoyable balance loan Corporate Individual New Used Distribution by Original Percentage Percentage of Principal Loans of Loans >= 0 and <= 50k 12,218 21.00% 202,348,571.82 10.12% 12,151 200,916,375.92 67 1,432,195.90 0 0.00 0 0.00 0 0.00 799 13,445,660.47 11,419 188,902,911.35 12,151 200,916,375.92 67 1,432,195.90 >50k and <= 100k 33,024 56.77% 906,425,039.48 45.35% 32,918 902,301,394.15 101 3,767,980.06 0 0.00 5 355,665.27 0 0.00 430 11,330,537.08 32,594 895,094,502.40 32,923 902,657,059.42 101 3,767,980.06 >100k and <= 150k 8,883 15.27% 429,197,740.05 21.47% 8,779 422,042,529.96 61 3,127,886.01 0 0.00 42 3,990,059.22 1 37,264.86 213 9,574,475.09 8,670 419,623,264.96 8,822 426,069,854.04 61 3,127,886.01 >150k and <= 200k 2,217 3.81% 180,487,991.14 9.03% 2,060 162,517,939.39 42 2,947,331.05 0 0.00 115 15,022,720.70 0 0.00 71 5,736,471.13 2,146 174,751,520.01 2,175 177,540,660.09 42 2,947,331.05 >200k and <= 250k 920 1.58% 110,565,021.65 5.53% 856 100,139,736.05 12 1,618,198.92 0 0.00 52 8,807,086.68 0 0.00 46 5,090,959.87 874 105,474,061.78 908 108,946,822.73 12 1,618,198.92 >250k and <= 300k 356 0.61% 48,629,095.86 2.43% 336 44,938,094.52 6 861,422.57 0 0.00 14 2,829,578.77 0 0.00 40 5,630,156.26 316 42,998,939.60 350 47,767,673.29 6 861,422.57 >300k and <= 350k 104 0.18% 17,190,323.36 0.86% 93 15,787,201.91 6 566,717.43 0 0.00 4 808,149.22 1 28,254.80 14 2,335,444.03 90 14,854,879.33 98 16,623,605.93 6 566,717.43 >350k and <= 400k 100 0.17% 22,212,222.81 1.11% 97 21,769,525.87 2 257,122.17 0 0.00 1 185,574.77 0 0.00 12 2,601,395.62 88 19,610,827.19 98 21,955,100.64 2 257,122.17 >400k and <= 450k 164 0.28% 34,711,499.73 1.74% 162 34,072,270.52 2 639,229.21 0 0.00 0 0.00 0 0.00 29 5,701,283.62 135 29,010,216.11 162 34,072,270.52 2 639,229.21 >450k and <= 500k 66 0.11% 13,741,643.84 0.69% 63 12,992,251.04 2 429,869.41 0 0.00 1 319,523.39 0 0.00 15 3,551,334.50 51 10,190,309.34 64 13,311,774.43 2 429,869.41 >500k 121 0.21% 33,332,029.79 1.67% 120 32,920,720.22 0 0.00 0 0.00 1 411,309.57 0 0.00 30 8,049,950.76 91 25,282,079.03 121 33,332,029.79 0 0.00 Total 58,173 100.00% 1,998,841,179.53 100.00% 57,635 1,950,398,039.55 301 15,647,952.73 0 0.00 235 32,729,667.59 2 65,519.66 1,699 73,047,668.43 56,474 1,925,793,511.10 57,872 1,983,193,226.80 301 15,647,952.73 Minimum Original Principal Maximum Original Principal Average Original Principal Statistics 20,000.00 3,063,678.10 137,319.58 Volkswagen Finance (China) Co., Ltd ABS 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Effective Interest Rate Credit Type Customer Type Vehicle Status Used Car Classic Credit Balloon Credit Exquisite easy loan Classic Credit Enjoyable balance loan Corporate Individual New Used Interest Rate paid by the Percentage Percentage Receivable Debtor Loans of Loans of 0.00% 43,982 75.61% 1,139,340,347.24 57.00% 43,878 1,135,130,207.35 97 3,651,995.80 0 0.00 7 558,144.09 0 0.00 982 24,321,929.09 43,000 1,115,018,418.15 43,885 1,135,688,351.44 97 3,651,995.80 > 0.00% and <= 5.00% 8,507 14.62% 471,305,797.84 23.58% 8,368 453,307,568.71 7 294,094.27 0 0.00 132 17,704,134.86 0 0.00 242 23,663,175.79 8,265 447,642,622.05 8,500 471,011,703.57 7 294,094.27 > 5.00% and <= 6.00% 3,120 5.36% 285,254,321.25 14.27% 3,014 270,198,038.72 11 670,105.09 0 0.00 95 14,386,177.44 0 0.00 85 14,385,720.83 3,035 270,868,600.42 3,109 284,584,216.16 11 670,105.09 > 6.00% and <= 7.00% 936 1.61% 56,610,091.63 2.83% 934 56,512,185.87 2 97,905.76 0 0.00 0 0.00 0 0.00 33 1,788,673.02 903 54,821,418.61 934 56,512,185.87 2 97,905.76 > 7.00% and <= 8.00% 684 1.18% 9,578,523.77 0.48% 675 8,779,908.67 9 798,615.10 0 0.00 0 0.00 0 0.00 99 1,849,487.53 585 7,729,036.24 675 8,779,908.67 9 798,615.10 > 8.00% and <= 9.00% 40 0.07% 5,134,721.95 0.26% 38 4,768,741.05 2 365,980.90 0 0.00 0 0.00 0 0.00 2 380,853.83 38 4,753,868.12 38 4,768,741.05 2 365,980.90 > 9.00% and <= 10.00% 85 0.15% 4,149,650.54 0.21% 83 4,037,333.82 2 112,316.72 0 0.00 0 0.00 0 0.00 4 46,100.14 81 4,103,550.40 83 4,037,333.82 2 112,316.72 > 10.00% and <= 11.00% 202 0.35% 2,853,880.81 0.14% 202 2,853,880.81 0 0.00 0 0.00 0 0.00 0 0.00 40 695,107.52 162 2,158,773.29 202 2,853,880.81 0 0.00 > 11.00% and <= 12.00% 599 1.03% 24,290,444.53 1.22% 426 14,567,985.78 171 9,656,939.09 0 0.00 0 0.00 2 65,519.66 204 5,842,567.74 395 18,447,876.79 428 14,633,505.44 171 9,656,939.09 > 12.00% and <= 13.00% 0 0.00% 0.00 0.00% 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 > 13.00% and <= 14.00% 18 0.03% 323,399.97 0.02% 17 242,188.77 0 0.00 0 0.00 1 81,211.20 0 0.00 8 74,052.94 10 249,347.03 18 323,399.97 0 0.00 > 14.00% and <= 15.00% 0 0.00% 0.00 0.00% 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 > 15.00% and <= 16.00% 0 0.00% 0.00 0.00% 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 >16% 0 0.00% 0.00 0.00% 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 Total 58,173 100.00% 1,998,841,179.53 100.00% 57,635 1,950,398,039.55 301 15,647,952.73 0 0.00 235 32,729,667.59 2 65,519.66 1,699 73,047,668.43 56,474 1,925,793,511.10 57,872 1,983,193,226.80 301 15,647,952.73 Statistics Interest Rate Minimum Effective Interest Rate Maximum Effective Interest Rate Weighted Average Effective Interest Rate 0.00% 13.18% 2.14% Volkswagen Finance (China) Co., Ltd ABS Operations ABSOperations.China@vwfsag.com +8610-65897000 25 / 31

Distribution by Original Term Credit Type Customer Type Vehicle Status Used Car Classic Credit Balloon Credit Exquisite easy loan Classic Credit Enjoyable balance loan Corporate Individual New Length of Original Percentage Percentage Term (months) Loans of Loans of <= 12 81 0.14% 615,541.02 0.03% 81 615,541.02 0 0.00 0 0.00 0 0.00 0 0.00 7 31,499.38 74 584,041.64 81 615,541.02 0 0.00 > 12 and <= 24 33,212 57.09% 817,279,168.71 40.89% 33,064 811,931,897.43 146 5,281,751.62 0 0.00 0 0.00 2 65,519.66 897 22,599,613.10 32,315 794,679,555.61 33,066 811,997,417.09 146 5,281,751.62 > 24 and <= 36 24,739 42.53% 1,169,257,279.46 58.50% 24,350 1,126,242,621.96 155 10,366,201.11 0 0.00 234 32,648,456.39 0 0.00 795 50,416,555.95 23,944 1,118,840,723.51 24,584 1,158,891,078.35 155 10,366,201.11 > 36 and <= 48 67 0.12% 8,305,111.58 0.42% 66 8,223,900.38 0 0.00 0 0.00 1 81,211.20 0 0.00 0 0.00 67 8,305,111.58 67 8,305,111.58 0 0.00 > 48 and <= 60 74 0.13% 3,384,078.76 0.17% 74 3,384,078.76 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 74 3,384,078.76 74 3,384,078.76 0 0.00 Total 58,173 100.00% 1,998,841,179.53 100.00% 57,635 1,950,398,039.55 301 15,647,952.73 0 0.00 235 32,729,667.59 2 65,519.66 1,699 73,047,668.43 56,474 1,925,793,511.10 57,872 1,983,193,226.80 301 15,647,952.73 Used Statistics Original Term Minimum Original Term in months Maximum Original Term in months Weighted Average Original Term in months 12 60 31 Distribution by Remaining Term Credit Type Customer Type Vehicle Status Classic Credit Used Car Classic Credit Balloon Credit Exquisite easy loan Enjoyable balance loan Corporate Individual New Used Length of Remaining Percentage Percentage Term (months) Loans of Loans of <= 12 31,981 54.98% 695,736,704.14 34.81% 31,823 689,458,167.36 139 4,388,012.12 0 0.00 17 1,825,005.00 2 65,519.66 940 23,535,411.68 31,041 672,201,292.46 31,842 691,348,692.02 139 4,388,012.12 > 12 and 22,944 39.44% 1,073,189,173.67 53.69% 22,616 1,038,248,683.33 148 10,007,838.03 0 0.00 180 24,932,652.31 0 0.00 676 41,474,611.71 22,268 1,031,714,561.96 22,796 1,063,181,335.64 148 10,007,838.03 <= 24 > 24 and <= 36 3,212 5.52% 225,021,218.45 11.26% 3,160 217,797,105.59 14 1,252,102.58 0 0.00 38 5,972,010.28 0 0.00 83 8,037,645.04 3,129 216,983,573.41 3,198 223,769,115.87 14 1,252,102.58 > 36 and <= 48 33 0.06% 4,619,432.35 0.23% 33 4,619,432.35 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 33 4,619,432.35 33 4,619,432.35 0 0.00 > 48 and <= 60 3 0.01% 274,650.92 0.01% 3 274,650.92 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 3 274,650.92 3 274,650.92 0 0.00 Total 58,173 100.00% 1,998,841,179.53 100.00% 57,635 1,950,398,039.55 301 15,647,952.73 0 0.00 235 32,729,667.59 2 65,519.66 1,699 73,047,668.43 56,474 1,925,793,511.10 57,872 1,983,193,226.80 301 15,647,952.73 Statistics Remaining Term Minimum Remaining Term in months Maximum Remaining Term in months Weighted Average Remaining Term in months 0 49 16 Distribution by Seasoning Credit Type Customer Type Vehicle Status Classic Credit Used Car Classic Credit Balloon Credit Exquisite easy loan Enjoyable balance loan Corporate Individual New Used Percentage Percentage Seasoning (months) Loans Loans Loans Loans of Loans of Loans Loans Loans Loans Loans Loans <= 12 14,703 25.27% 724,981,877.99 36.27% 14,565 709,889,851.42 73 5,162,476.32 0 0.00 65 9,929,550.25 0 0.00 443 26,415,529.30 14,260 698,566,348.69 14,630 719,819,401.67 73 5,162,476.32 > 12 and 39,626 68.12% 1,192,300,266.59 59.65% 39,257 1,161,081,424.69 214 10,178,209.90 0 0.00 153 20,975,112.34 2 65,519.66 1,128 41,170,051.01 38,498 1,151,130,215.58 39,412 1,182,122,056.69 214 10,178,209.90 <= 24 > 24 and <= 36 3,792 6.52% 80,326,301.62 4.02% 3,761 78,194,030.11 14 307,266.51 0 0.00 17 1,825,005.00 0 0.00 128 5,462,088.12 3,664 74,864,213.50 3,778 80,019,035.11 14 307,266.51 > 36 and <= 48 20 0.03% 745,693.34 0.04% 20 745,693.34 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 20 745,693.34 20 745,693.34 0 0.00 > 48 and <= 60 32 0.06% 487,039.99 0.02% 32 487,039.99 0 0.00 0 0.00 0 0.00 0 0.00 0 0.00 32 487,039.99 32 487,039.99 0 0.00 Total 58,173 100.00% 1,998,841,179.53 100.00% 57,635 1,950,398,039.55 301 15,647,952.73 0 0.00 235 32,729,667.59 2 65,519.66 1,699 73,047,668.43 56,474 1,925,793,511.10 57,872 1,983,193,226.80 301 15,647,952.73 Statistics Seasoning Minimum Seasoning in months Maximum Seasoning in months Weighted Average Seasoning in months 10 59 15 Volkswagen Finance (China) Co., Ltd ABS Operations ABSOperations.China@vwfsag.com +8610-65897000 26 / 31