The Board of Management agrees the strategic orientation of the Volkswagen Group with the Supervisory Board. The two Boards jointly discuss progress on the implementation of the strategy at regular intervals. The Supervisory Board is provided by the Board of Management with regular, complete and prompt verbal and written reports on all issues relevant to the Company relating to planning, business development, the risk situation, risk management, including the internal control system, and compliance.
More information on the cooperation between the Board of Management and the Supervisory Board of Volkswagen AG and on the work and membership of the committees of the Supervisory Board can be found in the . Information on the membership of the Board of Management and Supervisory Board may be found in chapter .