Driver Italia One. Deal name: Driver Italia One S.r.l Via A. Pestalozza, 12/ Milan - Italy. Issuer: Volkswagen Bank GmbH

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1 Deal name: Issuer: Driver Italia One Driver Italia One S.r.l Via A. Pestalozza, 12/ Milan - Italy Originator of the receivables: Seller of the receivables: Servicer name: Volkswagen Bank GmbH Volkswagen Bank GmbH Volkswagen Bank GmbH Reporting entity: Volkswagen Bank GmbH Contact: Gifhorner Str Braunschweig Germany ABS_Driver@vwfs.com fax + 49 (0) tel.: +49 (0) Corporate service provider: Zenith Service S.p.A. Contact: Via A. Pestalozza, 12/ Milan - Italy

2 Delinque ncies & Publication date: 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 Cash collateral account (CCA) 11 Swaps & waterfall 12 Retention 13 Amortisation profile I 14 Amortisation profile II 15 Run out schedule I 16 Run out schedule II Delinquencies & defaults I 19 Delinquencies & defaults II 20 Delinquencies & defaults III 21 Defaults recoveries 22 Write-Offs 23 Prepayments 24 Pool data I 25 Pool data II 26 Pool data III 27 Pool data IV 28 Pool data V 29 Pool data VI 30 Pool data VII 31 Pool data VIII 32 Pool data IX 33 Pool data X 34 Loan level data

3 Reporting details Deal overview Cut-Off date: Scheduled date of Clean-Up- Call: Legal maturity date: Issue date: Period no.: Reporting frequency: Next payment date: Publication date: Payment date: Reporting Date: Asset collection period: 4 Interest accrual period: monthly Note payment period: Days accrued: (16th of each month) (21st of each month) from until from until from until Type of car at Pool cut Percentage outstanding Percentage of New cars ,06% ,13 92,23% Used cars ,46% ,48 5,26% Young used cars ,48% ,44 2,51% Total ,00% ,05 100,00% at Pool cut Percentage outstanding Percentage of Balloon Credit 4 0,01% ,27 0,01% Auto Credit ,21% ,50 28,82% Classic Credit ,79% ,28 71,17% Total ,00% ,05 100,00%

4 Parties overview Function Name of party Lead Manager Citigroup Global Markets Ltd Crédit Agricole Corporate and Investment Bank Canada Square Canary Wharf E14 5LB, London United Kingdom 12 Place des Etats-Unis Montrouge, CEDEX France Paying agent/calculation agent/interest deelavon Financial Services DAC 5th Floor, 125 Old Broad Street London EC2N 1AR United Kingdom Account bank Elavon Financial Services DAC 5th Floor, 125 Old Broad Street London EC2N 1AR United Kingdom Servicer Volkswagen Bank GmbH Gifhorner Str Braunschweig Germany fax + 49 (0) tel.: +49 (0) Swap counterparty: Crédit Agricole Corporate and Investment Bank 12 Place des Etats-Unis Montrouge, CEDEX France Rating agencies DBRS Moody's Rating Agency Standard & Poor's Security trustee DBRS Ratings Limited 20 Fenchurch Street, 31st Floor London, EC3M 3BY United Kingdom Intertrust Trustees GmbH Grüneburgweg Frankfurt am Main Germany (1) Moody s Investors Service One Canada Square Canary Wharf London E14 5FA (2) Moody s Deutschland GmbH An der Welle Frankfurt am Main monitor.abs@moodys.com Attn.: Monitoring Opern Turm Bockenheimer Landstraße Frankfurt am Main Germany ABSeuropeansurveillance@standardandpoors.com Clearing systems Clearstream Luxembourg Euroclear Bank S.A./N.V. 42 Avenue JF Kennedy L-1885 Luxembourg Luxembourg 1 Boulevard du Roi Albert II 1210 Brussels Belgium web@clearstream.com Corporate services provider Zenith Service S.p.A. Via A. Pestalozza, 12/ Milan - Italy

5 Transaction events (I) Clean-Up Call condition Percentage of current outstanding discounted portfolio Min. percentage of outstanding discounted portfolio 85,59% 10,00% The Clean-Up-Call condition is planned to be reached in Clean-Up call Volkswagen Bank GmbH will have the option to exercise a Clean-Up call and to repurchase the purchased loan receivables from the issuer at any time when the aggregate percentage is less than 10 per cent. of the aggregate Cut-Off date percentage provided that all payment obligations under the notes will be thereby fulfilled. Repurchase of receivables % of discounted % of Previous periods Current period Re-Purchase price - 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

6 0,0000% 0,0000% 0,0000% 0,0000% Publication date: Transaction events (II) Credit enhancement increase conditions Level 1(i) Credit enhancement increase condition - Cumulative Net Loss Ratio does not amount to 1,60% for any payment date prior to or during Level 1(ii) Credit enhancement increase condition - Cumulative Net Loss Ratio does not amount to 3,00% for any payment date after (but excluding) the Payment Date falling in until (and including) the Payment Date falling in NO NO Level 2 Credit enhancement increase condition - Cumulative Net Loss Ratio does not amount to 6,00% for any payment date NO Cumulative net losses Write-Offs registered in current period Write-Offs incl. current period Write-Off amount 0 0,00 0 0,00 Cumulative Write-Offs as of the end of the Monthly period as of Cut-Off-Date Cumulative net loss ratio as percentage divided by the at pool cut 0, ,05 0,00000% in % 8,00% 7,50% 7,00% 6,50% 6,00% 5,50% 5,00% 4,50% 4,00% 3,50% 3,00% 2,50% 2,00% 1,50% 1,00% 0,50% 0,00% Cumulative net losses in percent of initial pool Cumulative net loss ratio Level 1a/b Level 2 Monthly period

7 Transaction events (III) Account bank DBRS Moody's S&P Elavon Financial Services LTD Long term Short term Outlook Long term Short term Outlook10 Long term Short term Outlook10 Current rating* n.a. n.a. n.a. Aa2 P-1 stable AA- A-1+ stable Minimum required rating (Monthly Remittance Condition) Minimum Required rating (if no short term rating available) A R-1 (middle) Baa1 P-2 BBB A-2 If the account bank ceases to have the account bank Required rating it shall, at its own cost, (i) transfer the accounts to an eligible collateral bank, or (ii) provide a guarantee from an eligible guarantor, or (iii) take any other action in order to maintain the rating of the notes. If none of the measures is taken within a given timespan, the issuer may enter into new banking arrangements at its own initiative with another account bank. A3 BBB+ Required rating: fulfilled Swap counterparty DBRS Moody's S&P Crédit Agricole Corporate and Investment Bank Long term Short term Outlook Long term Short term Outlook10 Long term Short term Outlook10 Current rating* AA (low) R-1 (middle) stable A1 P-1 positive A A-1 positive Minimum required rating (Monthly Remittance Condition) Minimum Required rating (if no short term rating available) (Please refer to the prospectus for a complete description of the mechanism) A If the Swap Bank falls below the above mentioned Minimum Rating (Level I) it shall provide Eligible Credit Support by means of Cash or certain types of Prime Debt Obligations A3 If the Swap Bank ceases to have the even lower Rating as an Eligible Swap Counterparty (Level II) it shall, at its own cost, (i) transfer all rights and obligations under the Swap Agreement to another Eligible Swap Partner or (ii) provide a guarantee from an Eligible Guarantor. If none of the measures is taken within a given timespan, the Issuer may enter into new arrangements at its own initiative with another Swap Bank. Required rating: fulfilled (Please refer to the Prospectus for a complete description of the mechanism) Servicer DBRS Moody's S&P Volkswagen Bank GmbH Long term Short term Outlook Long term Short term Outlook10 Long term Short term Outlook10 Current rating* n.a. n.a. n.a. A1 P-1 stable A- A-2 negative Minimum required rating (Monthly Remittance Condition) BBB (high) R-2 (middle) Baa1 P-2 BBB A-2 Minimum Required rating (if no short term rating available) A3 BBB+ If the VW Bank required rating falls below the above mentioned minimum rating VW Bank, as the servicer, shall determine and provide the monthly collections part 1/ part 2 and the monthly collateral part 1 / part 2 as an additional security. Required rating: fulfilled *Ratings last updated on 03/09/2018 **VW Bank is not rated by Fitch. Nevertheless, on 10 November 2015 VW Bank received notification from Fitch that Fitch has determined VW Bank's capacity for timely payment of financial commitments would no longer equal a short-term rating of at least "F1" and a long-term rating of at least "A".

8 Information regarding the notes I Rating at issue date Class A Class B DBRS AAA (sf) A (high) (sf) Moody's Rating Agency Aa2 (sf) A1 (sf) Standard & Poor's AA(sf) A+(sf) Current rating Class A Class B DBRS AAA (sf) A (high) (sf) Moody's Rating Agency Aa2 (sf) A1 (sf) Standard & Poor's AA(sf) A+(sf) Information on notes Class A Class B Legal maturity date Apr 2029 Apr 2029 Scheduled Clean-Up-Call Mrz 2021 Mrz 2021 ISIN XS XS Common code Nominal amount , ,00 Information on interest Class A Class B Spread/ Margin 40 bps 50 bps rate 1-Month-Euribor 1-Month-Euribor Fixed/Floating Floating Floating Current coupon 0,0300% 0,1300% Day count convention actual/360 actual/360

9 Information regarding the notes II Monthly period: Payment date: Interest accrual period (from/until): Days accrued: rate: Base interest rate: Day count convention: from until Month-Euribor -0,370% actual/360 Interest payments Class A Class B Total interest amount of the reporting period 9.962, ,22 Paid interest 9.962, ,22 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 , ,00 Note as of the beginning of the period , ,00 Redemption amount per class ( ,60) 0,00 Class as of the end of the period , ,00 Payments to investors per note Class A Class B Interest 2,26 11,19 Principal repayment by note 3.818,06 0,00 notes Note factor 0, , Overcollateralisation percentage Class A Class B Initial OC percentage at poolcut 11,8079% 9,0081% Current OC percentage 13,8280% 10,5570% Target OC percentage 23,0000% 16,0000% Subordinated loan - Balance as of the beginning of the period ,27 Redemption 0,00 Capitalization of interest 0,00 Balance as of the end of the period ,29 Current OC percentage 3,0154%

10 Cash collateral account (CCA) Cash collateral account (CCA) in EUR in % of discounted Initial at poolcut ,02 1,300% Thereof general cash reserve ,02 1,300% Thereof german trade tax risk reserve 0,00 0,000% Targeted (Floor) ,00 1,100% Thereof general cash reserve ,00 1,100% Thereof german trade tax risk reserve 0,00 0,000% Balance as of the beginning of the period ,06 1,300% Payment from CCA ,88 0,040% Payment to CCA 0,00 0,000% Balance as of the end of the period ,18 1,300% Thereof general cash reserve ,18 1,300% Thereof german trade tax risk reserve 0,00 0,000% Accrued interest 0,00 0,000% Calculation of credit enhancement Initially, Driver Italia One's Credit enhancement consists of the respective note issue in comparison to the percentage 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 23% for class A and 16% 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 redemption amount and may be exceeded. In addition, there is the 'General cash reserve' 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 23% for the class A Notes and 16% for the class B notes has been reached.

11 Swap fixing / Waterfall Amortising interest rate swap Class A Class B Initial principal , ,00 Underlying principal for reporting period , ,00 Fix interest rate 0,2000% 0,3600% Floating interest rate 0,0300% 0,1300% Net swap payments / Net swap receipts 0,00 0,00 Available distribution amount calculation Payment to waterfall position Remaining amount (i) Receivables collections amount , ,35 (ii) Amounts received by the Issuer from the Seller pursuant to the Receivables Purchase Agreement 0, ,35 (iii) Interest accrued on the Distribution Account made using the standing to the credit of the Distribution Account 0, ,35 (iv) Amounts credited to the drawings from the Cash Collateral Account 0, ,35 (v) Net Swap Receipts under the Class A Swap Agreement and under the Class B Swap Agreement 0, ,35 (vi) Any other amounts received by the Issuer such as proceeds upon exercise of the Clean-Up Call 0, ,35 Remaining amount from previous period 27, ,95 Waterfall Payment to waterfall position Remaining amount Available distribution amount ,95 1) Taxes 0, ,95 2) Payment to security trustee 0, ,95 3) Servicing fee ( ,54) ,41 4) Payment in respect of fees (5.276,09) ,32 5.i) Net swap payment class A (54.314,03) ,29 5.ii) Net swap payment class B (2.632,78) ,51 6) Interest payment class A (9.962,93) ,58 7) Interest payment class B (1.567,22) ,36 8) Payment to cash collateral account 0, ,36 9) Redemption class A ( ,60) 13,76 10) Redemption class B 0,00 13,76 Remaining rounding amount (Current period) (13,76) 0,00 11) Other payment to swap counterparties 0,00 0,00 12) Accrued and unpaid interest on the subordinated loan 0,00 0,00 12 a) Interest subordinated note 0,00 0,00 12 b) Unpaid interest subordinated note 0,00 0,00 13) Redemption subordinated loan 0,00 0,00 Remaining rounding amount sub note (Current period) 0,00 0,00 14) Final success fee 0,00 0,00 Distribution of cash collateral account surplus Payment to waterfall position Remaining amount Payment from cash collateral account , ,96 Interest subordinated loan (31.032,90) ,06 Redemption subordinated loan ( ,98) 3,08

12 Retention of net economic interest Retention amount at poolcut Type of asset Percentage of Percentage of nominal nominal Portfolio sold to SPV ,88% ,20 95,00% Retention of VW Bank ,12% ,90 5,00% Total ,00% ,10 100,00% Retention amount end of reporting period Type of asset Percentage of Percentage of nominal nominal Portfolio sold to SPV ,92% ,72 95,01% Retention of VW Bank ,08% ,96 4,99% Total ,00% ,68 100,00% In its capacity as originator and original lender, Volkswagen Bank Italy complies with the retention requirements of a material net economic interest in accordance with article 405 Abs. 1 c CRR and the corresponing delegated regulation 625/2014 article 10. By adhering to option c) of the direction, Volkwagen Bank Italy will keep the exposures designated for retention on its sheet on an ongoing basis. The latest end of month level of retention will be published on a monthly basis within the investor report.

13 Amortisation profile I Note class Class A WAL At closing: 1,31 yrs Currently: 1,30 yrs At closing: 2,37 yrs Currently: 2,17 yrs Payment date Actual note Forecasted note Actual note 2 Forecasted note , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,00-0, ,00-0, ,00-0, ,00-0, ,00-0, ,00-0, ,00-0, ,00-0, ,00-0, ,00-0, ,00-0, ,00-0, ,00-0, ,00-0, ,00-0, ,00-0, ,00-0, ,00-0, ,00-0, ,00-0, ,00-0, ,00-0, ,00-0, ,00-0, ,00-0, ,00-0, ,00-0, ,00-0, ,00-0, ,00-0, ,00-0, ,00-0, ,00-0, ,00-0, ,00-0, ,00-0, ,00-0,00 + Based on the following assumptions: CPR of 10% and Clean Up Call at 10% of the outstanding portfolio Class B

14 Amortisation profile II in EUR Amortisation profile Class A-Notes Actual Amort. A-Notes Expected Amort. A-Notes Assuming a Clean-Up Call at 10% of the initial outstanding, annual prepayments of 10% and 0% defaults Reporting period 0 in EUR Amortisation profile Class B-Notes Actual Amort. B-Notes Expected Amort. B-Notes Assuming a Clean-Up Call at 10% of the initial outstanding, annual prepayments of 10% and 0% defaults Reporting period

15 Run out schedule I Payment date Principal Interest Instalment arrears , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,34 899, , ,75 709, , ,59 541, , ,69 391, , ,43 265, , ,39 159, , ,52 81, , ,01 25, , Total , , ,72

16 Run out schedule II Expected amortisation of the outstanding discounted asset-portfolio , , ,00 The expected portfolio amortisation is solely based on the scheduled payments according to rental plan, no assumptions on prepayments or defaults are made , , ,00 0,00 Expected outstanding

17 Overview outstanding Development of pool within reporting period Adjustments nominal Beginning of period ,54 Periodic reduction of nominal ,82 Discount ,22 Fees for restructuring/prolongation - Interest on arrears ,75 Compensation ,47 Write-Off - Receivables collections amount ,35 Repurchased loan - period End of ,72 Collections by status Collections Current ,91 Delinquent ,46 Early settlement ,07 Default 2 - End of term ,91 Write-Off 0 - Total ,35 Type of car as of pool cut date Balloon Credit Auto Credit Retail Corporate New vehicle Used vehicle Demonstration vehicle Classic Credit discounted discounted discounted discounted Contract status development I Current , , , , , , , , ,44 Delinquent 0 - Early settlement 0 - Default 0 - End of term 0 - Write-Off , , , , , , , , ,44 Total Contract status development II discounted Current , , , , , , , , ,91 Delinquent , , , , , , , ,11 Early settlement Default , , , ,65 End of term Write-Off , , , , , , , , ,02 Total Contract status as of the end of the Current period Contract status developement III Default Current Delinquent Early settlement End of term Write-Off discounted Contract status as of the begin of the period Current , , Delinquent , , , Early settlement , Default ,60 End of term Write-Off , , , Total * Prior to write-off during reporting month. as of current reporting period Balloon Credit Auto Credit Classic Credit Retail Corporate New vehicle discounted 2 Type of car Used vehicle discounted 2 22 Demonstration vehicle discounted 23

18 Delinquencies & Defaults I Balloon Credit Auto Credit Classic Credit Retail Corporate New Used Young used Months in arrears (%) discounted discounted (%) ,00% - 0,00% ,47% ,25 0,56% , , , , , ,06 > 1 <= ,11% ,37 0,13% , , , , , , ,96 > 2 <= ,07% ,31 0,08% , , , , ,05 > 3 <= ,03% ,22 0,03% , , , , , ,52 > 4 <= 5 3 0,01% ,20 0,01% , , , , ,57 > 5 <= 6 0 0,00% - 0,00% 0 - > 6 <= 7 0 0,00% - 0,00% 0 - > 7 <= 8 0 0,00% - 0,00% 0 - > 8 <= 9 0 0,00% - 0,00% 0 - > 9 <= ,00% - 0,00% 0 - > 10 <= ,00% - 0,00% 0 - > 11 <= ,00% - 0,00% 0 - > ,00% - 0,00% 0 - Total 377 0,68% ,35 0,81% , , , , , , , Delinquencies & Defaults I - of delinquent Period >12

19 Delinquencies & Defaults II Balloon Credit Auto Credit Classic Credit Retail Corporate New Used Young used Months in arrears discounted (%) (%) 10 discounted ,00% - 0,00% ,00% - 0,00% 0 - > 1 <= 2 0 0,00% - 0,00% 0 - > 2 <= 3 0 0,00% - 0,00% 0 - > 3 <= 4 0 0,00% - 0,00% 0 - > 4 <= 5 2 0,00% ,65 0,01% , , ,65 > 5 <= 6 0 0,00% - 0,00% 0 - > 6 <= 7 0 0,00% - 0,00% 0 - > 7 <= 8 0 0,00% - 0,00% 0 - > 8 <= 9 0 0,00% - 0,00% 0 - > 9 <= ,00% - 0,00% 0 - > 10 <= ,00% - 0,00% 0 - > 11 <= ,00% - 0,00% 0 - > ,00% - 0,00% 0 - Total 2 0,00% ,65 0,01% , , , Delinquencies & Defaults II- of default Period >12

20 Delinquencies & Defaults III Balloon Credit Auto Credit Classic Credit Retail Corporate New Used Young used Months in arrears (%) discounted discounted (%) discounted ,00% - 0,00% ,47% ,25 0,56% , , , , , ,06 > 1 <= ,11% ,37 0,13% , , , , , , ,96 > 2 <= ,07% ,31 0,08% , , , , ,05 > 3 <= ,03% ,22 0,03% , , , , , ,52 > 4 <= 5 5 0,01% ,85 0,02% , , , , ,57 > 5 <= 6 0 0,00% - 0,00% 0 - > 6 <= 7 0 0,00% - 0,00% 0 - > 7 <= 8 0 0,00% - 0,00% 0 - > 8 <= 9 0 0,00% - 0,00% 0 - > 9 <= ,00% - 0,00% 0 - > 10 <= ,00% - 0,00% 0 - > 11 <= ,00% - 0,00% 0 - > ,00% - 0,00% 0 - Total 379 0,69% ,00 0,83% , , , , , , , Delinquencies & Defaults III- of default & delinquent Period >12

21 Defaults & recoveries Defaults & recoveries nominal at date of default at date of default Total Write-Offs Total recoveries Total discount nominal end of reporting period end of reporting period Balloon Credit New Used Young used Subtotal Balloon Credit Auto Credit New Used Young used Subtotal Auto Credit Classic Credit New , , , ,65 Used Young used Subtotal Classic Credit , , , ,65 Total , , , ,65

22 Write-Offs Write-Offs of the monthly period Spalte1 Spalte2 Spalte3 Type of car Write-Offs Balloon Credit New Used Young used Subtotal 0 - Auto Credit New Used Young used Subtotal 0 - Classic Credit New Used Young used Subtotal 0 - Total 0 - Cumulative Write-Offs as of the end of the monthly period as of Cut-Off-Date Cumulative net loss ratio ,05 0,00000% Current Period Cumulative Write-Offs Monthly period Write-Offs 2 Write-Offs Total 0 -

23 Prepayments Reporting period Unscheduled payments Discounted as of previous period* Periodic CPR Annualised CPR Poolcut 0,00 0,00 0,000% 0,000% , ,05 0,305% 3,598% , ,02 0,408% 4,786% , ,11 0,437% 5,122% , ,52 0,371% 4,367% The annualised constant prepayment rate (CPR) of the underlying receivables based upon the most recent periodic CPR. The periodic CPR is equal to the total unscheduled principal received in the most recent period divided by the start of period principal. This is then annualised a follows: 1-((1-Periodic CPR)^number of periods in a year) *Discounted as of Previous period deducted by Previous period's of written-off

24 Pool data I Balloon Credit Auto Credit Classic Credit Retail Corporate New Used Young used Percentage of Percentage of discounted discounted discounted discounted Distribution by payment type outstanding discounted discounted discounted discounted Direct borrower account debit ,26% ,91 98,59% , , , , , , , ,53 Other 959 1,74% ,82 1,41% , , , , , ,49 Total ,00% ,73 100,00% , , , , , , , ,02 Distribution by contract concentration * Percentage of Percentage of outstanding discounted discounted ,15% ,53 99,06% , , , , , , , , ,77% ,19 0,86% , , , , , ,04 0,06% , , , , ,05% , ,01% ,08 0,00% , , ,08 0,01% , , , ,01% , ,01% ,67 0,00% , , ,67 0,00% 0 - > ,00% - Total ,00% ,73 100,00% , , , , , , , ,02 Distribution by largest customer * Percentage of * Percentage of outstanding discounted Balloon Credit discounted 1 1 0,00% ,76 0,02% , , , ,00% ,07 0,01% , , ,07 0,01% , , , ,00% , ,00% ,28 0,01% , , ,28 0,01% , , , ,00% , ,00% ,44 0,01% , , ,44 0,01% , , , ,00% , ,00% ,65 0,01% , , ,65 0,01% , , , ,00% , ,00% ,55 0,01% , , ,55 0,01% , , , ,00% , ,00% ,73 0,01% , , ,73 0,01% , , , ,01% , ,00% ,60 0,01% , , ,60 0,01% , , , ,00% , ,00% ,51 0,01% , , ,51 0,01% , , , ,00% , ,00% ,25 0,01% , , ,25 0,01% , , , ,00% , ,00% ,05 0,01% , , ,05 Total 26 0,05% ,78 0,25% , , , , Auto Credit Classic Credit Retail Corporate discounted discounted New Used Young used discounted discounted discounted Balloon Credit Auto Credit Classic Credit Retail Corporate New Used Young used discounted

25 Pool data II Distribution by outstanding discounted Percentage of Percentage of 0, , ,60% ,50 13,46% , , , , , , , , , ,55% ,61 28,37% , , , , , , , , , , ,32% ,96 22,51% , , , , , , , , , , ,96% ,24 17,78% , , , , , , , , ,63% ,69 10,34% , , , , , , , , ,28% ,29 4,45% , , , , , , , ,37% ,87 1,53% , , , , , , ,0 91 0,16% ,60 0,79% , , , , , , ,0 45 0,08% ,77 0,44% , , , , , , ,0 16 0,03% ,78 0,18% , , , ,78 > , ,02% ,42 0,14% , , , ,42 Total ,00% ,73 100,00% , , , , , , , ,02 Statistics outstanding Minimum outstanding 15,33 Maximum outstanding ,76 Average outstanding 7.752,26 Classic Credit Corporate New Used Balloon Credit Auto Credit Retail Young used Percentage of Distribution by original Percentage of outstanding discounted 13,11% 0, , ,05% , , , , , , , , , , ,32% ,90 27,73% , , , , , , , , , , ,48% ,72 22,34% , , , , , , , , , , ,99% ,86 17,46% , , , , , , , , ,96% ,90 11,01% , , , , , , , , ,42% ,14 4,83% , , , , , , , ,45% ,57 1,80% , , , , , , ,0 97 0,18% ,05 0,82% , , , , , , ,0 52 0,09% ,78 0,50% , , , , , , ,0 21 0,04% ,54 0,23% , , , ,54 > , ,03% ,97 0,18% , , , ,97 Total ,00% ,73 100,00% , , , , , , , ,02 Statistics Minimum original 15,58 Maximum original ,00 Average original 7.899,45 Balloon Credit Auto Credit Classic Credit Retail Corporate New Used Young used

26 Pool data III Retail Corporate New Used Young used Balloon Credit Auto Credit Classic Credit Percentage of Total number of Percentage of outstanding instalments cotnracts discounted 0,04% ,05% , , , , , , ,59% ,97 1,60% , , , , , , ,79% ,88 35,59% , , , , , , , ,44% ,29 29,05% , , , , , , , , ,26% ,43 24,26% , , , , , ,85% ,01 9,46% , , , , ,22 >72 4 0,01% ,57 0,01% , , ,57 Total ,00% ,73 100,00% , , , , , , , ,02 Statistics Minimum total number of instalments in months 8 Maximum total number of instalments in months 84 Weighted average total number of instalments in months 48,19 Retail Corporate New Used Young used Balloon Credit Auto Credit Classic Credit Percentage of Remaining number of Percentage of outstanding instalments cotnracts discounted 8,96% ,92% , , , , , , , , , ,10% ,64 25,83% , , , , , , , ,10% ,99 37,64% , , , , , , ,99% ,14 17,80% , , , , , , , , ,01% ,95 7,77% , , , , , ,87% ,26 1,99% , , , , ,02 >72 0 0,00% - 0,00% 0 - Total ,00% ,73 100,00% , , , , , , , ,02 Statistics Minimum Remaining number of instalments in months 1 Maximum Remaining number of instalments in months 68 Weighted Average Remaining number of instalments in months 29,32 Balloon Credit Auto Credit Retail Corporate New Used Young used Classic Credit Percentage of Seasoning (number of Percentage of outstanding instalments) cotnracts discounted 0,00% 0 0 0,00% ,34% ,44 35,16% , , , , , , , , ,97% ,14 37,87% , , , , , , , ,06% ,06 19,06% , , , , , , , ,20% ,32 6,44% , , , , , , , ,04% ,63 1,37% , , , , , ,38% ,73 0,10% , , , , ,23 >72 2 0,00% 1.313,41 0,00% , , ,41 Total ,00% ,73 100,00% , , , , , , , ,02 Statistics Minimum seasoning number of instalments in months 2 Maximum seasoning number of instalments in months 83 Weighted average seasoning number of instalments in months 18,87

27 Pool data IV Balloon Credit Auto Credit Classic Credit Retail Corporate New Used Young used Percentage of Percentage of outstanding discounted discounted Distribution by brand discounted Volkswagen ,49% ,41 62,32% , , , , , , , ,53 LCV Volkswagen ,64% ,14 3,94% , , , , , , ,09 Audi ,23% ,87 17,82% , , , , , , ,55 Seat ,04% ,29 6,59% , , , , , ,29 Skoda ,64% ,47 8,30% , , , , , ,56 Other ,96% ,55 1,03% , , , ,32 Total ,00% ,73 100,00% , , , , , , , ,02 Balloon Credit Auto Credit Classic Credit Retail Corporate New Used Young used Percentage of Distribution by geographic Percentage of outstanding discounted discounted region discounted Piemonte ,10% ,09 6,79% , , , , , ,11 Valle d`aosta 143 0,26% ,76 0,27% , , , , , ,01 Lombardia ,35% ,19 21,91% , , , , , ,02 Trentino-Alto Adige ,18% ,66 2,20% , , , , , ,84 Veneto ,83% ,32 10,90% , , , , , , , ,91 Friuli-Venezia Giulia ,32% ,92 2,16% , , , , , ,63 Liguria ,62% ,82 2,37% , , , , , ,15 Emilia-Romagna ,18% ,49 9,31% , , , , , , ,63 Toscana ,03% ,65 11,20% , , , , , , ,55 Umbria ,83% ,05 1,92% , , , , , ,51 Marche ,73% ,63 2,54% , , , , , ,87 Lazio ,70% ,42 7,86% , , , , , ,85 Abruzzo 809 1,47% ,89 1,46% , , , , , ,72 Molise 78 0,14% ,03 0,13% , , , , , ,55 Campania ,49% ,37 3,66% , , , , , , ,75 Puglia ,88% ,58 4,01% , , , , , ,50 Basilicata 361 0,65% ,37 0,65% , , , , , ,02 Calabria ,13% ,60 2,31% , , , , , , ,15 Sicilia ,69% ,62 5,76% , , , , , ,25 Sardegna ,43% ,27 2,59% , , , , , ,00 Foreign countries (*) 0 0,00% - 0,00% 0 - Total ,00% ,73 100,00% , , , , , , , ,02 (*) Customers who changed their residence after Cut-Off date

28 Pool data V Distribution by brand & model Model Percentage of Percentage of outstanding Balloon Credit Auto Credit Retail Corporate New Used Classic Credit Audi A ,84% ,11 2,27% , , , , , ,86 3 A ,10% ,05 5,36% , , , , , , ,69 A ,41% ,85 1,98% , , , , , ,89 A ,26% ,70 0,39% , , , , , ,90 A ,37% ,32 0,72% , , , , , ,97 A7 8 0,01% ,97 0,02% , , , ,95 A8 2 0,00% ,11 0,01% , , , ,20 Q ,92% ,99 1,86% , , , , , ,22 Q ,45% ,07 3,38% , , , , , ,16 Q ,73% ,02 1,56% , , , , , ,75 Q7 21 0,04% ,36 0,11% , , , ,36 TT 57 0,10% ,32 0,16% , , , , , ,11 Sub-Total Audi ,23% ,87 17,82% , , , , , , ,55 Seat Alhambra 72 0,13% ,65 0,19% , , , , ,43 Altea 106 0,19% ,55 0,09% , , , , ,21 Altea Freetrack 0 0,00% - 0,00% 0 - Arona 69 0,12% ,52 0,21% , , , ,92 Ateca 413 0,75% ,63 1,15% , , , , ,91 Exeo 4 0,01% ,55 0,00% , , ,55 Ibiza ,08% ,78 2,30% , , , , ,74 Leon ,21% ,56 1,97% , , , , , ,24 Mii 841 1,52% ,65 0,67% , , , , ,29 Toledo 13 0,02% ,40 0,01% , , , , ,55 Sub-Total Seat ,04% ,29 6,59% , , , , , ,29 Skoda Citigo 397 0,72% ,86 0,43% , , , , , ,67 Fabia ,49% ,67 2,76% , , , , , ,71 Karoq 19 0,03% ,47 0,08% , , , ,47 Kodiaq 132 0,24% ,48 0,55% , , , , ,34 Octavia ,58% ,40 2,96% , , , , , ,73 Rapid 190 0,34% ,73 0,30% , , , , , ,32 Roomster 59 0,11% ,65 0,04% , , , , ,39 Superb 127 0,23% ,67 0,35% , , , , , ,00 Yeti 497 0,90% ,54 0,82% , , , , , ,40 Sub-Total Skoda ,64% ,47 8,30% , , , , , ,56 VW Arteon 3 0,01% ,50 0,02% , , ,50 Beetle 223 0,40% ,30 0,43% , , , , , ,03 Eos 2 0,00% 3.396,16 0,00% , , ,16 Fox 1 0,00% 1.890,07 0,00% , , ,07 Golf ,43% ,01 19,11% , , , , , ,88 Golf Sportsvan 622 1,13% ,13 0,81% , , , , , ,39 Jetta 0 0,00% - 0,00% 0 - Passat 697 1,26% ,61 1,73% , , , , , ,46 Phaeton 1 0,00% ,98 0,00% , , ,98 Polo ,58% ,37 17,99% , , , , , , ,28 Scirocco 8 0,01% ,10 0,01% , , , ,46 Sharan 92 0,17% ,17 0,22% , , , , , ,13 T-Roc 253 0,46% ,14 1,12% , , , ,14 Tiguan ,11% ,74 13,84% , , , , , , ,42 Touareg 58 0,11% ,82 0,22% , , , , , ,07 Touran 558 1,01% ,38 1,27% , , , , , ,79 Up! ,80% ,93 5,54% , , , , , ,62 Sub-Total VW ,49% ,32% VW LCV Amarok 70 0,13% ,36 0,17% , , , , ,02 Caddy ,08% ,05 1,91% , , , , , , ,45 California 69 0,12% ,67 0,12% , , , ,04 Caravelle 161 0,29% ,58 0,40% , , , ,31 Crafter 152 0,28% ,90 0,39% , , , , ,99 Multivan 51 0,09% ,12 0,14% , , , , , ,35 Transporter 354 0,64% ,46 0,79% , , , , ,24 Sub-Total LCV ,64% ,14 3,94% , , , , , , ,09 Other brands ,96% ,55 1,03% , , , , Total ,00% ,73 100,00% , , , , , , , , discounted 11 x Young used p