Post by Sandro B.

โ€‹Specialist for Tailored Corporate Governance Advisory | Strategic Shareholder Engagement & AGM Preparation | Data & Experience for Success

In an unexpected turn of events at Volkswagen Group's AGM (the final meeting of the DAX season) the re-election of Supervisory Board member ๐’๐ฎ๐ฌ๐š๐ง๐ง๐ž ๐–๐ข๐ž๐ ๐š๐ง๐ ๐ฐ๐š๐ฌ ๐ฉ๐ฎ๐ฅ๐ฅ๐ž๐ ๐Ÿ๐ซ๐จ๐ฆ ๐ญ๐ก๐ž ๐š๐ ๐ž๐ง๐๐š. Wiegand had informed the board just the day prior that she would not be available to serve another term. โฑ๏ธ ๐–๐ก๐ฒ ๐ข๐ฌ ๐ญ๐ก๐ข๐ฌ ๐š ๐ฆ๐š๐ฃ๐จ๐ซ ๐ญ๐š๐ฅ๐ค๐ข๐ง๐  ๐ฉ๐จ๐ข๐ง๐ญ ๐Ÿ๐จ๐ซ ๐œ๐จ๐ซ๐ฉ๐จ๐ซ๐š๐ญ๐ž ๐ ๐จ๐ฏ๐ž๐ซ๐ง๐š๐ง๐œ๐ž ๐ฐ๐š๐ญ๐œ๐ก๐ž๐ซ๐ฌ? ๐Ÿ‘‰ Having joined the board only in 2025, she held the highly critical role of Chair of the Audit Committee. ๐Ÿ‘‰ Her sudden departure is particularly significant given her standing as an independent director on a board heavily weighted with non-independent representatives. As reported by Handelsblatt, Wiegand stated that her decision was made โ€œafter carefully weighing all the circumstances.โ€ A spokesperson for the Volkswagen Supervisory Board confirmed that the Nomination Committee will convene in the near future to determine her successor. Angelika Horstmeier Alliance Advisors Ahmed Suliman Oliver Taylor DIRK โ€“ Deutscher Investor Relations Verband

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