Driver Australia Master

Deal Name: Driver Australia Master Issuer: Perpetual Corporate Trust Limited (ABN 99 000 341 533) of Level 18, 123 Pitt Street, Sydney NSW 2000 Australia in its capacity as trustee of the Driver Australia Master Trust. Originator of the Receivables: Seller of the Receivables: Servicer name: Reporting Entity: Volkswagen Financial Services Australia Pty Ltd Volkswagen Financial Services Australia Pty Ltd Volkswagen Financial Services Australia Pty Ltd Volkswagen Financial Services Australia Pty Ltd ABS Operations (Physical Address) Level 1, 24 Muir Road, Chullora NSW 2190 (Postal Address) Locked Bag 4002 Chullora NSW 2190 Contact: Phone: +61 2 9751 6257 Fax: +61 2 9695 6399 Email: ABSOperations.Australia@vwfs.com.au Corporate Service Provider: Perpetual Corporate Trust Limited (ABN 99 000 341 533) of Level 18, 123 Pitt Street, Sydney NSW 2000 Australia in its personal capacity. Volkswagen Financial Services Australia ABS Operations Australia absoperations.australia@vwfs.com.au +61 2 9751 6257 1

Page Table of 1 Cover 2 3 Reporting Details 4 Parties Overview 5 Transaction Events I 6 Transaction Events II 7 Transaction Events III 8 Information regarding the Notes I 9 Information regarding the Notes II 10 Cash Collateral Account 11 Swap Fixing / Waterfall 12 Retention of Net Economic Interest 13 Amortisation Profile I 15 Amortisation Profile II 16 Run Out Schedule I 18 Run Out Schedule II 19 I 21 II 22 Arrears 24 Net Salvage Loss 25 Net Salvage After Recoveries 26 Prepayments 27 Pool Data I 29 Pool Data II 30 Pool Data III 32 Pool Data IV 34 Pool Data V 36 Pool Data VI 37 Pool Data VII 41 Pool Data VIII 43 Hardship Extensions 44 Engine Type 46 Contract Level Data Volkswagen Financial Services Australia ABS Operations Australia absoperations.australia@vwfs.com.au +61 2 9751 6257 2

Reporting Details Deal Overview Pool Cut Date Scheduled Date of Clean-Up-Call Legal Maturity Date Issue Date Period No.: Reporting frequency: Next Payment Date: 31/05/2016 Publication Date: 25/11/2021 Payment Date: 25/08/2026 Reporting Date: 29/06/2016 Asset Collection Period: 23 Interest Accrual Period Monthly Note Payment Period: 25/06/2018 Days accrued: 18/05/2018 (5 business days before Payment Date) 25/05/2018 (25th of each month) 30/04/2018 (last day of each month) from 01/04/2018 until 30/04/2018 from 26/04/2018 until 25/05/2018 from 26/04/2018 until 25/05/2018 29 Vehicle Type at Pool Cut of Receivables Balance New 2,996 83.87% 113,632,498.43 AUD 88.40% Used 576 16.13% 14,908,985.82 AUD 11.60% Total 3,572 100.00% 128,541,484.25 AUD 100.00% Credit Type at Pool Cut of Receivables Balance Hire Purchase 27 0.76% 595,370.53 AUD 0.46% Chattel Mortgage 2,047 57.31% 82,162,211.56 AUD 63.92% Consumer Loan 1,498 41.94% 45,783,902.16 AUD 35.62% Total 3,572 100.00% 128,541,484.25 AUD 100.00% Volkswagen Financial Services Australia ABS Operations Australia absoperations.australia@vwfs.com.au +61 2 9751 6257 3

Parties Overview Arranger: Australia and New Zealand Banking Group Limited Security Trustee: P.T. Limited (ABN 11 005 357 522) (ABN 67 004 454 666) ANZ Tower Level 18 242 Pitt Street 123 Pitt Street Sydney, NSW 2000 Sydney NSW 2000 Australia Australia Trustee: Perpetual Corporate Trust Limited Trust Manager: Perpetual Nominees Limited (ABN 99 000 341 533) (ABN 37 000 733 700) of Level 18, 123 Pitt Street, of Level 18, 123 Pitt Street, Sydney NSW 2000 Australia Sydney NSW 2000 Australia in its capacity as trustee of the Driver Australia Master Trust. in its capacity as the trust manager for the Driver Australia Master Trust Sub Trust Manager: Volkswagen Financial Services Australia Pty Limited Account Bank: Australia and New Zealand Banking Group Limited (ABN 20 097 071 460) (ABN 11 005 357 522) Level 1, 24 Muir Road, ANZ Tower Chullora, NSW 2190 242 Pitt Street Sydney, NSW 2000 Australia Clearing Systems: Austraclear Limited Swap Counterparty: ING Bank N.V. 30-32 Grosvenor Street. Foppingadreef 7 Sydney, NSW 2000 1102 BD Amsterdam The Netherlands Credit Agricole Corporate and Investment Bank 12, Place Des Etats-Unis CS 70052 92547 Montrouge Cedex France Servicer: Volkswagen Financial Services Australia Pty Limited Rating Agencies: Fitch Ratings (ABN 20 097 071 460) Attn.: Australian Surveillance Level 1, 24 Muir Road, Level 15, 77 King Street Chullora, NSW 2190 Sydney, NSW 2000 email: ABSOperations.Australia@vwfs.com.au Australia phone: +61 2 9751 6257 email: australia.surveillance@fitchratings.com Standard & Poor's Attn.: Structured Finance Surveillance Level 45, 120 Collins Street Melbourne, VIC 3000 Australia email: mel_sfsurveillance@standardandpoors.com Volkswagen Financial Services Australia ABS Operations Australia absoperations.australia@vwfs.com.au +61 2 9751 6257 4

Transaction Events (I) Clean-Up Call Condition Current of Initial * of Maximum to trigger Clean-Up Call Condition Current of Maximum 524.02% 10.00% 53.30% *This percentage may become greater than 100% whenever the current total outstanding discounted balance is larger than the Initial discounted balance as of initial Cut-Off-Date. Clean-Up Call VWFS Australia will have the right at its option, after the expiration of the Revolving Period, to exercise a Clean-Up Call and to repurchase all (but not only some) of the Purchased Receivables from the Issuer at any time when the then Aggregate is less than ten (10) per cent. of the Maximum and, assuming the Transaction Documents are given full effect, all payment obligations under the Notes, including principal and accrued interest, will thereby be fulfilled in accordance with the Order of Priority (the Clean-up Call Conditions). Repurchase of Receivables contracts % of % of Receivables Balance Interest Compensation Payment Re-Purchase Price Current Period - 0.00% - AUD 0.00% - AUD - AUD Previous Periods 2 0.01% 99,097.02 AUD 0.01% (1,229.36 AUD) 97,867.66 AUD Total 2 0.01% 99,097.02 AUD 0.01% (1,229.36 AUD) 97,867.66 AUD If a repurchase of receivables occurred, it would only result from non-eligibility as of the respective Pool Cut Date (which has been discovered at a later stage), a Legitimate Repudiation of a Receivables Contract, a Reloaded Contract or a Flat-Cancelled Contract. Transaction Party Replacements Capacity of Transaction Party Date of Replacement Reason for Replacement Replaced Party Replaced by Swap Counterparty Series A 2016-1 26-06-2017 Renewal 2017 ANZ ING Swap Counterparty Series A 2016-2 26-06-2017 Renewal 2017 HSBC ING Swap Counterparty Series A 2016-3 26-06-2017 Renewal 2017 HSBC ING Swap Counterparty Series A 2016-4 26-06-2017 Renewal 2017 HSBC ING Swap Counterparty Series B 2016-1 26-06-2017 Renewal 2017 ANZ ING Swap Counterparty Series B 2016-2 26-06-2017 Renewal 2017 HSBC ING Volkswagen Financial Services Australia ABS Operations Australia absoperations.australia@vwfs.com.au +61 2 9751 6257 5

Transaction events (II) Revolving period Spalte1 Series revolving period expiration date of the last outstanding series of notes 25/06/2018 Date of occurrence of an early amortisation event - Revolving period end 25/06/2018 Accumulation account balance 31/03/2018 30/04/2018 Amounts not invested for the purchase of additional assets 34,545,046.38 AUD - AUD not invested for the purchase of additional assets 2.73% 0.00% <=12 Months >12 <=24 Months >24 <=36 Months >36 Months Dynamic Net Loss Ratio Ratio > 0.20% 0.25% 0.30% 0.50% 28/02/2018 0.01420% No No No No 31/03/2018 0.00886% No No No No 30/04/2018 0.01316% No No No No Dynamic Net Loss Ratio Cumulative Payment Date Ratio 30/04/2018 0.22117% Weighted Average Seasoning balance as of the previous period 480,447,418.63 AUD balance of all initial and additional assets 673,585,227.97 AUD Weighted average seasoning 10.82 Months Late Delinquency Ratio 0.09126% Enforcement event No Credit Enhancement Increase Condition a) the Dynamic Net Loss Ratio for three consecutive Payment Dates exceeds: (i) if weighted average seasoning is less or equal than 12 months (ii) if weighted average seasoning is between 12 (excl.) - 24 (incl.) months (iii) if weighted average seasoning is between 24 (excl.) - 36 (incl.) months (iv) if weighted average seasoning is > 36 months b) the sum of the Dynamic Net Loss Ratio for each Dynamic Net Loss Ratio Cumulative Payment Date exceeds: c) the Late Delinquency Ratio exceeds Not In Effect 0.20% No 0.25% No 0.30% No 0.50% No 1.00% No on any Payment Date on or before 29 June 2017, or 0.8% No for any Payment Date thereafter d) a Servicer Replacement Event occurs and is continuing; or e) the amount credited to the Cash Collateral Account is less than the Specified General Cash Collateral Account Balance. 1.4% No No No Early Amortisation Event (a) The occurence of a foreclosure event; or (b) the Accumulation account balance > 15% of Aggregate on two consecutive months; (c) a Credit Enhancement Increase Condition has occurred; or (d) In case of default/termination event: failure to replace swap counterparty or failure to post collateral by swap counterparty; or (e) VWFS Australia ceases to be a wholly owned subsidiary of Volkswagen Financial Services AG; or (f) On any Payment Date, the Class A Actual Overcollateralisation is determined as being lower than 17.9 per cent, or the Class B Actual Overcollateralisation is determined as being lower than 10.9 per cent Not In Effect No No No No No No Volkswagen Financial Services Australia ABS Operations Australia absoperations.australia@vwfs.com.au +61 2 9751 6257 6

Transaction Events (III) Account Bank: Australia and New Zealand Banking Group Limited Long Term Fitch Short Term Outlook Long Term2 S&P Short Term3 Outlook4 Current Rating * AA- F1+ Stable AA- A-1+ Negative Minimum required Rating (if no short term Rating available, the higher long term rating is applicable) A F1 - A A-1 - or A F1 - A+ - - 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 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. (Please refer to the Prospectus for a complete description of the mechanism) Required Rating: Fulfilled Swap Counterparty ING Bank N.V. Long Term Fitch Short Term Outlook Long Term2 S&P Short Term3 Outlook4 Current Rating * A+ F1 Stable A+ A-1 Stable Minimum required Rating - Class A and Class B A F1 - A A-1 - or A F1 - >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 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) Swap Counterparty Credit Agricole Corporate and Investment Bank Long Term Fitch Short Term Outlook Long Term2 S&P Short Term3 Outlook4 Current Rating * A+ F1 Stable A A-1 Positive Minimum required Rating - Class A and Class B A F1 - A A-1 - or A F1 - >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 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 Volkswagen Financial Services Australia Pty Ltd If the Monthly Remittance Condition is satisfied, VWFS Australia, as the Servicer, is required to pay collections of the Purchased Receivables (including proceeds from the disposition of any Financed Objects) received by it during each Monthly Period into the Distribution Account in a single deposit no later than the Payment Date for that Monthly Period. If the Monthly Remittance Condition is not met, the Servicer must remit collections received by it in respect of the Purchased Receivables in accordance with the procedure outlined in detail in "ADMINISTRATION OF THE PURCHASED RECEIVABLES UNDER THE SERVICING AGREEMENT - Commingling". Monthly Remittance Condition: Not fulfilled Volkswagen Financial Services Australia ABS Operations Australia absoperations.australia@vwfs.com.au +61 2 9751 6257 7

Information regarding the Notes I Rating at Issue Date Series A 2016-1 Series A 2016-2 Series A 2016-3 Series A 2016-4 Series A 2017-1 Series A 2017-2 Series B 2016-1 Series B 2016-2 S&P AAAsf AAAsf AAAsf AAAsf AAAsf AAAsf A+sf A+sf Fitch AAA (sf) AAA (sf) AAA (sf) AAA (sf) AAA (sf) AAA (sf) A+ (sf) A+ (sf) Current Rating Series A 2016-1 Series A 2016-2 Series A 2016-3 Series A 2016-4 Series A 2017-1 Series A 2017-2 Series B 2016-1 Series B 2016-2 S&P AAAsf AAAsf AAAsf AAAsf AAAsf AAAsf A+sf A+sf Fitch AAA (sf) AAA (sf) AAA (sf) AAA (sf) AAA (sf) AAA (sf) A+ (sf) A+ (sf) Information on Notes Series A 2016-1 Series A 2016-2 Series A 2016-3 Series A 2016-4 Series A 2017-1 Series A 2017-2 Series B 2016-1 Series B 2016-2 ISIN AU3FN0031654 AU3FN0036612 AU3FN0036620 AU3FN0033601 AU3FN0036737 AU3FN0037180 AU3FN0036638 AU3FN0036646 Common code N/A N/A N/A N/A N/A 165105567 163733358 N/A Original face value 100,000.00 AUD 100,000.00 AUD 100,000.00 AUD 100,000.00 AUD 100,000.00 AUD 100,000.00 AUD 10,000.00 AUD 10,000.00 AUD Spread / Margin 0.9500% 0.9500% 0.9500% 0.9500% 0.9500% 0.9500% 1.6500% 1.6500% Current coupon 2.8450% 2.8450% 2.8450% 2.8450% 2.8450% 2.8450% 3.5450% 3.5450% Information on Interest Class A Class A Class A Class A Class A Class A Class B Class B Legal final maturity date 25/08/2026 25/08/2026 25/08/2026 25/08/2026 25/08/2026 25/08/2026 25/08/2026 25/08/2026 Fixed/Floating floating floating floating floating floating floating floating floating Day Count Convention actual/365 actual/365 actual/365 actual/365 actual/365 actual/365 actual/365 actual/365 Index Rate (1-Month-BBSW) 1.8950% 1.8950% 1.8950% 1.8950% 1.8950% 1.8950% 1.8950% 1.8950% Volkswagen Financial Services Australia ABS Operations Australia absoperations.australia@vwfs.com.au +61 2 9751 6257 8

Information regarding the Notes II Monthly Period: 04/2018 Payment Date: 25/05/2018 Interest Accrual Period (from/until) from 26/04/2018 until 25/05/2018 Days accrued 29 Index Rate 1-Month-BBSW Base Interest Rate: 1.8950% Day Count Convention actual/365 Class A Notes Class B Notes Interest Payments Total Class A and B Series A 2016-1 Series A 2016-2 Series A 2016-3 Series A 2016-4 Series A 2017-1 Series A 2017-2 Total Class A Series B 2016-1 Series B 2016-2 Total Class B Total Interest Amount of the Reporting Period 910,480.01 AUD 217,451.53 AUD 43,625.93 AUD 87,025.82 AUD 130,651.75 AUD 152,351.70 AUD 43,625.93 AUD 674,732.66 AUD 104,776.60 AUD 130,970.75 AUD 235,747.35 AUD Paid Interest 910,480.01 AUD 217,451.53 AUD 43,625.93 AUD 87,025.82 AUD 130,651.75 AUD 152,351.70 AUD 43,625.93 AUD 674,732.66 AUD 104,776.60 AUD 130,970.75 AUD 235,747.35 AUD Unpaid Interest Total Class A and B Series A 2016-1 Series A 2016-2 Series A 2016-3 Series A 2016-4 Series A 2017-1 Series A 2017-2 Total Class A Series B 2016-1 Series B 2016-2 Total Class B Unpaid Interest in the Reporting Period - AUD - AUD Cumulative Unpaid Interest - AUD - AUD Note Balance Total Class A and B Series A 2016-1 Series A 2016-2 Series A 2016-3 Series A 2016-4 Series A 2017-1 Series A 2017-2 Total Class A Series B 2016-1 Series B 2016-2 Total Class B Note Balance as of the Beginning of the Period 382,200,000.00 AUD 96,200,000.00 AUD 19,300,000.00 AUD 38,500,000.00 AUD 57,800,000.00 AUD 67,400,000.00 AUD 19,300,000.00 AUD 298,500,000.00 AUD 37,200,000.00 AUD 46,500,000.00 AUD 83,700,000.00 AUD Additional issue amount 151,840,000.00 AUD 45,100,000.00 AUD 9,000,000.00 AUD 18,100,000.00 AUD 27,100,000.00 AUD 31,600,000.00 AUD 9,000,000.00 AUD 139,900,000.00 AUD 2,800,000.00 AUD 9,140,000.00 AUD 11,940,000.00 AUD Redemption amount due to Amortising Series - AUD - AUD Redemption amount due to Term Take Out - AUD - AUD Class Balance as of the End of the Period 534,040,000.00 AUD 141,300,000.00 AUD 28,300,000.00 AUD 56,600,000.00 AUD 84,900,000.00 AUD 99,000,000.00 AUD 28,300,000.00 AUD 438,400,000.00 AUD 40,000,000.00 AUD 55,640,000.00 AUD 95,640,000.00 AUD Payments to Investors per note Total Class A and B Series A 2016-1 Series A 2016-2 Series A 2016-3 Series A 2016-4 Series A 2017-1 Series A 2017-2 Series B 2016-1 Series B 2016-2 Total Class B Interest Per Note 226.04 AUD 226.04 AUD 226.04 AUD 226.04 AUD 226.04 AUD 226.04 AUD 28.17 AUD 28.17 AUD Principal Repayment by note - AUD - AUD - AUD Total 226.04 AUD 226.04 AUD 226.04 AUD 226.04 AUD 226.04 AUD 226.04 AUD 28.17 AUD 28.17 AUD Notes Total Class A and B Series A 2016-1 Series A 2016-2 Series A 2016-3 Series A 2016-4 Series A 2017-1 Series A 2017-2 Total Class A Series B 2016-1 Series B 2016-2 Total Class B notes as of the beginning of the period 11,355 962 193 385 578 674 193 2,985 3,720 4,650 8,370 Increase of outstanding notes from tap-up 2,593 451 90 181 271 316 90 1,399 280 914 1,194 Reduction of outstanding notes from term take out - - - - - - - - - - - notes as of the end of the period 13,948 1,413 283 566 849 990 283 4,384 4,000 5,564 9,564 Face value per note as of the beginning of period 100,000.00 AUD 100,000.00 AUD 100,000.00 AUD 100,000.00 AUD 100,000.00 AUD 100,000.00 AUD 100,000.00 AUD 10,000.00 AUD 10,000.00 AUD 10,000.00 AUD Balance per note as of the end of the period 100,000.00 AUD 100,000.00 AUD 100,000.00 AUD 100,000.00 AUD 100,000.00 AUD 100,000.00 AUD 100,000.00 AUD 10,000.00 AUD 10,000.00 AUD 10,000.00 AUD Notes Factor 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 1.0000000 Overcollateralisation Total Class A and B Series A 2016-1 Series A 2016-2 Series A 2016-3 Series A 2016-4 Series A 2017-1 Series A 2017-2 Total Class A Series B 2016-1 Series B 2016-2 Total Class B Current OC Amount (before Top/Tap Up/TTO) 203,628,224.34 AUD 203,628,224.34 AUD 203,628,224.34 AUD 203,628,224.34 AUD 203,628,224.34 AUD 203,628,224.34 AUD 203,628,224.34 AUD 119,928,224.34 AUD 119,928,224.34 AUD 119,928,224.34 AUD Current OC (before Top/Tap Up/TTO) 40.55% 40.55% 40.55% 40.55% 40.55% 40.55% 40.55% 23.88% 23.88% 23.88% Current OC Amount (after Top Up) 204,405,311.27 AUD 204,405,311.27 AUD 204,405,311.27 AUD 204,405,311.27 AUD 204,405,311.27 AUD 204,405,311.27 AUD 204,405,311.27 AUD 120,705,311.27 AUD 120,705,311.27 AUD 120,705,311.27 AUD Current OC (after Top Up) 40.64% 40.64% 40.64% 40.64% 40.64% 40.64% 40.64% 24.00% 24.00% 24.00% Current OC Amount (after Top/Tap Up/TTO) 235,185,227.97 AUD 235,185,227.97 AUD 235,185,227.97 AUD 235,185,227.97 AUD 235,185,227.97 AUD 235,185,227.97 AUD 235,185,227.97 AUD 139,545,227.97 AUD 139,545,227.97 AUD 139,545,227.97 AUD Current OC (after Top/Tap Up/TTO) 34.92% 34.92% 34.92% 34.92% 34.92% 34.92% 34.92% 20.72% 20.72% 20.72% Target OC (Revolving Period) 18.50% 18.50% 18.50% 18.50% 18.50% 18.50% 18.50% 11.50% 11.50% 11.50% Target OC (Amortising Period) 30.00% 30.00% 30.00% 30.00% 30.00% 30.00% 30.00% 21.00% 21.00% 21.00% Subordinated Loan Balance as of the beginning of the period 114,694,656.41 AUD Balance increase from tap up 17,133,117.54 AUD Redemption payments from term take out - AUD Regular redemption from waterfall 12,890,504.74 AUD Redemption from cash collateral account - AUD Balance as of the end of the period 118,937,269.21 AUD Current OC amount (before Top/Tap Up/TTO) 5,233,567.93 AUD Current OC percentage (before Top/Tap Up/TTO) 1.0423% Current OC amount (after Top/Tap Up/TTO) 20,607,958.76 AUD Current OC percentage (after Top/Tap Up/TTO) 3.0594% Volkswagen Financial Services Australia ABS Operations Australia absoperations.australia@vwfs.com.au +61 2 9751 6257 9

Cash Collateral Account Cash collateral account (CCA) CCA Opening Balance - Initial balance at poolcut plus increases from tapup/decrease from TTO Balance as of the beginning of the period Value 7,582,078.53 AUD 7,582,078.53 AUD Specified General Cash Collateral Account Balance 7,582,078.53 AUD the greater of: 1.20% of the aggregate outstanding principal amount of the Notes as of the end of the Monthly Period; and 4,586,400.00 AUD the lesser of: 0.60% of the Maximum ; and 7,582,078.53 AUD the aggregate outstanding principal amount of the Notes as of the end of the Monthly Period 382,200,000.00 AUD Payments (1,822,080.00) AUD General payment from CCA - AUD General payment to CCA - AUD Payment from CCA due to TTO - AUD Payment to CCA due to tap-up Balance as of the end of the period 1,822,080.00 AUD 9,404,158.53 AUD Volkswagen Financial Services Australia ABS Operations Australia absoperations.australia@vwfs.com.au +61 2 9751 6257 10

Swap Fixing / Waterfall Amortising Interest Rate Swap Class A Class B Underlying Principal for Reporting Period 298,500,000.00 AUD 83,700,000.00 AUD Paying Leg Fixed Interest Rate Fixed Interest Rate Receiving Leg Floating Interest Rate Floating Interest Rate Net Swap Payments - Net Swap Receipts 42,461.03 AUD 19,352.81 AUD Available Distribution Amount Calculation Payment to waterfall position Remaining Amount 1) i) Available Collections Amount from 16,313,331.48 AUD 16,313,331.48 AUD 1) ii) Available Collections - Interest on Trust Accounts 93,612.68 AUD 16,406,944.16 AUD 2) Drawings from the Cash Collateral Account as provided for in clause 12.1 of the Issue Supplement - AUD 16,406,944.16 AUD 3) Transfers from the Accumulation Account to the Distribution Account pursuant to clause 12.2 of the Issue Supplement - AUD 16,406,944.16 AUD 4) Net Swap Receipts - Class A and Class B - AUD 16,406,944.16 AUD Net Swap Receipts on Series A 2016-1 - AUD 16,406,944.16 AUD Net Swap Receipts on Series A 2016-2 - AUD 16,406,944.16 AUD Net Swap Receipts on Series A 2016-3 - AUD 16,406,944.16 AUD Net Swap Receipts on Series A 2016-4 - AUD 16,406,944.16 AUD Net Swap Receipts on Series A 2017-1 - AUD 16,406,944.16 AUD Net Swap Receipts on Series A 2017-2 - AUD 16,406,944.16 AUD Net Swap Receipts on Series B 2016-1 - AUD 16,406,944.16 AUD Net Swap Receipts on Series B 2016-2 - AUD 16,406,944.16 AUD 5) Damages and Indemnity Payments to Issuer - AUD 16,406,944.16 AUD 6) Other Reimbursement Amounts - AUD 16,406,944.16 AUD 7) Buffer Release Amount (1,649,792.60 AUD) 14,757,151.56 AUD Purchase price amount (clean-up call) - AUD 14,757,151.56 AUD Remaining Rounding Amount (M-1) - AUD 14,757,151.56 AUD Waterfall Payment to waterfall position Remaining Amount Available Distribution Amount - AUD 14,757,151.56 AUD 1) Trust Beneficiary $1 (1.00 AUD) 14,757,150.56 AUD 2) Taxes - AUD 14,757,150.56 AUD 3) Trust Fees & Expenses and Servicer Fees (420,945.85 AUD) 14,336,204.71 AUD 4) Equal Rank Swap Payments (61,813.84 AUD) 14,274,390.87 AUD Net Swap Payments on Series A 2016-1 (12,302.13 AUD) 14,262,088.74 AUD Net Swap Payments on Series A 2016-2 (2,468.10 AUD) 14,259,620.64 AUD Net Swap Payments on Series A 2016-3 (4,923.41 AUD) 14,254,697.23 AUD Net Swap Payments on Series A 2016-4 (7,391.51 AUD) 14,247,305.72 AUD Net Swap Payments on Series A 2017-1 (8,619.16 AUD) 14,238,686.56 AUD Net Swap Payments on Series A 2017-2 (6,756.72 AUD) 14,231,929.84 AUD Net Swap Payments on Series B 2016-1 (8,601.25 AUD) 14,223,328.59 AUD Net Swap Payments on Series B 2016-2 (10,751.56 AUD) 14,212,577.03 AUD 5) Interest Payment - Class A (674,732.66 AUD) 13,599,658.21 AUD (a) Accrued Interest & (b) Interest Shortfalls on Series A 2016-1 (217,451.53 AUD) 14,056,939.34 AUD (a) Accrued Interest & (b) Interest Shortfalls on Series A 2016-2 (43,625.93 AUD) 14,013,313.41 AUD (a) Accrued Interest & (b) Interest Shortfalls on Series A 2016-3 (87,025.82 AUD) 13,926,287.59 AUD (a) Accrued Interest & (b) Interest Shortfalls on Series A 2016-4 (130,651.75 AUD) 13,795,635.84 AUD (a) Accrued Interest & (b) Interest Shortfalls on Series A 2017-1 (152,351.70 AUD) 13,643,284.14 AUD (a) Accrued Interest & (b) Interest Shortfalls on Series A 2017-2 (43,625.93 AUD) 13,599,658.21 AUD 6) Interest Payment - Class B (235,747.35 AUD) 13,363,910.86 AUD (a) Accrued Interest & (b) Interest Shortfalls on Series B 2016-1 (104,776.60 AUD) 13,494,881.61 AUD (a) Accrued Interest & (b) Interest Shortfalls on Series B 2016-2 (130,970.75 AUD) 13,363,910.86 AUD 7) Payment to Cash Collateral Account - AUD 13,363,910.86 AUD 8. a) Principal Payment - Class A - AUD 13,363,910.86 AUD Principal Payments on Series A 2016-1 - AUD 13,363,910.86 AUD Principal Payments on Series A 2016-2 - AUD 13,363,910.86 AUD Principal Payments on Series A 2016-3 - AUD 13,363,910.86 AUD Principal Payments on Series A 2016-4 - AUD 13,363,910.86 AUD Principal Payments on Series A 2017-1 - AUD 13,363,910.86 AUD Principal Payments on Series A 2017-2 - AUD 13,363,910.86 AUD Remaining Rounding Amount from Current Period Class A - AUD 13,363,910.86 AUD 8. b) Class A Accumulation Amount to Accumulation Account - AUD 13,363,910.86 AUD 9. a) Principal Payment - Class B - AUD 13,363,910.86 AUD Principal Payments on Series B 2016-1 - AUD 13,363,910.86 AUD Principal Payments on Series B 2016-2 - AUD 13,363,910.86 AUD Remaining Rounding Amount from Current Period Class B - AUD 13,363,910.86 AUD 9. b) Class B Accumulation Amount to Accumulation Account - AUD 13,363,910.86 AUD 10) Penalties, Costs, Expenses, Damages, Losses or Liabilities - AUD 13,363,910.86 AUD 11. a) Other Payment to Swap Counterparties - AUD 13,363,910.86 AUD 11. b) Other Payment to Note Purchasers - AUD 13,363,910.86 AUD 12) Subordinated Loan Accrued and Unpaid Interest (473,406.12 AUD) 12,890,504.74 AUD 13) Subordinated Loan Principal (12,890,504.74 AUD) - AUD 14) Surplus Income Distribution to Beneficiary of the Trust - AUD - AUD Distribution of Cash Collateral Account surplus Payment Remaining amount Payment from CCA - AUD - AUD Payment of Interest Accrued this period on the Subordinated Loan - AUD - AUD Payment of Unpaid Interest on the Subordinated Loan - AUD - AUD Payment in respect of regular redemption to subordinated lender - AUD - AUD Distribution to Beneficiary of the Trust - AUD - AUD Payments due to Term Take Out - not part of the waterfall Payment Remaining amount Purchase price from Term Take Out - AUD - AUD Redemption Class A - AUD - AUD Redemption Class B - AUD - AUD Redemption Subordinated Loan - AUD - AUD Distribution to Beneficiary of the Trust - AUD - AUD Volkswagen Financial Services Australia ABS Operations Australia absoperations.australia@vwfs.com.au +61 2 9751 6257 11

Retention of Net Economic Interest Period Poolcut Balance as of the end of period - before Balance as of the end of period - after top/tap-up top/tap-up Total Assets 157,645,986.79 AUD 595,020,597.27 AUD 816,765,908.17 AUD Nominal 157,645,986.79 AUD 560,475,550.89 AUD 816,765,908.17 AUD Accumulation Account balance - AUD 34,545,046.38 AUD - AUD First loss piece 15,425,364.25 AUD 114,619,798.13 AUD 148,949,386.50 AUD Subordinated Loan balance 12,766,069.41 AUD 101,804,151.67 AUD 118,937,269.21 AUD Overcollateralisation 1,285,414.84 AUD 5,233,567.93 AUD 20,607,958.76 AUD General Cash Collateral Account balance 1,373,880.00 AUD 7,582,078.53 AUD 9,404,158.53 AUD Actual retention 9.78% 19.26% 18.24% In its capacity as originator and original lender, VWFSA complies with the retention requirement of a material net economic interest in accordance with option (d) Article 405 (1) CRR. By adhering to option d) of the CRR, VWFSA will keep the exposures designated for retention on its balance sheet on an ongoing basis. The latest end of month level of retention will be published on a monthly basis in the investor report. Volkswagen Financial Services Australia ABS Operations Australia absoperations.australia@vwfs.com.au +61 2 9751 6257 12

Amortisation Profile I Note Class Class A Class B WAL At Closing: 2.64 yrs At Closing: 2.64 yrs At Closing: 3.25 yrs At Closing: 3.25 yrs Payment Date Actual Note Balance Forecasted Note Actual Note Forecasted Note Balance Balance2 Balance2 Poolcut 105,400,000.00 AUD - AUD 9,090,000.00 AUD - AUD 07/2016 146,800,000.00 AUD - AUD 12,620,000.00 AUD - AUD 08/2016 189,600,000.00 AUD - AUD 16,270,000.00 AUD - AUD 09/2016 246,400,000.00 AUD - AUD 21,120,000.00 AUD - AUD 10/2016 246,400,000.00 AUD - AUD 21,120,000.00 AUD - AUD 11/2016 314,300,000.00 AUD - AUD 26,910,000.00 AUD - AUD 12/2016 344,500,000.00 AUD - AUD 29,490,000.00 AUD - AUD 01/2017 395,400,000.00 AUD - AUD 33,840,000.00 AUD - AUD 02/2017 427,200,000.00 AUD - AUD 36,550,000.00 AUD - AUD 03/2017 455,800,000.00 AUD - AUD 38,990,000.00 AUD - AUD 04/2017 485,400,000.00 AUD - AUD 41,520,000.00 AUD - AUD 05/2017 70,500,000.00 AUD - AUD 6,540,000.00 AUD - AUD 06/2017 128,000,000.00 AUD - AUD 6,540,000.00 AUD - AUD 07/2017 149,600,000.00 AUD - AUD 8,380,000.00 AUD - AUD 08/2017 191,000,000.00 AUD - AUD 11,910,000.00 AUD - AUD 09/2017 237,300,000.00 AUD - AUD 15,870,000.00 AUD - AUD 10/2017 287,700,000.00 AUD - AUD 20,170,000.00 AUD - AUD 11/2017 326,900,000.00 AUD - AUD 23,520,000.00 AUD - AUD 12/2017 365,000,000.00 AUD - AUD 26,770,000.00 AUD - AUD 01/2018 399,500,000.00 AUD - AUD 29,720,000.00 AUD - AUD 02/2018 1,005,000,000.00 AUD - AUD 81,400,000.00 AUD - AUD 03/2018 1,032,400,000.00 AUD - AUD 83,740,000.00 AUD - AUD 04/2018 298,500,000.00 AUD - AUD 83,700,000.00 AUD - AUD 05/2018 438,400,000.00 AUD - AUD 95,640,000.00 AUD - AUD 06/2018 - AUD 438,400,000.00 AUD - AUD 95,640,000.00 AUD 07/2018 - AUD 438,400,000.00 AUD - AUD 81,073,553.05 AUD 08/2018 - AUD 438,400,000.00 AUD - AUD 67,014,850.80 AUD 09/2018 - AUD 435,289,851.52 AUD - AUD 55,965,838.05 AUD 10/2018 - AUD 423,277,559.67 AUD - AUD 54,421,400.53 AUD 11/2018 - AUD 411,336,440.79 AUD - AUD 52,886,113.82 AUD 12/2018 - AUD 399,598,074.32 AUD - AUD 51,376,895.27 AUD 01/2019 - AUD 387,855,652.53 AUD - AUD 49,867,155.32 AUD 02/2019 - AUD 376,325,078.85 AUD - AUD 48,384,652.99 AUD 03/2019 - AUD 365,294,519.08 AUD - AUD 46,966,438.17 AUD 04/2019 - AUD 354,128,695.28 AUD - AUD 45,530,832.25 AUD 05/2019 - AUD 343,168,446.42 AUD - AUD 44,121,657.40 AUD 06/2019 - AUD 332,304,746.93 AUD - AUD 42,724,896.03 AUD 07/2019 - AUD 321,543,724.06 AUD - AUD 41,341,335.95 AUD 08/2019 - AUD 310,905,038.46 AUD - AUD 39,973,504.95 AUD 09/2019 - AUD 300,439,591.15 AUD - AUD 38,627,947.43 AUD 10/2019 - AUD 290,249,020.06 AUD - AUD 37,317,731.15 AUD 11/2019 - AUD 280,043,939.43 AUD - AUD 36,005,649.35 AUD 12/2019 - AUD 270,131,559.98 AUD - AUD 34,731,200.57 AUD 01/2020 - AUD 260,266,098.01 AUD - AUD 33,462,784.04 AUD 02/2020 - AUD 250,560,971.65 AUD - AUD 32,214,982.07 AUD 03/2020 - AUD 240,861,515.41 AUD - AUD 30,967,909.13 AUD 04/2020 - AUD 231,120,574.40 AUD - AUD 29,715,502.42 AUD 05/2020 - AUD 221,821,146.50 AUD - AUD 28,519,861.69 AUD 06/2020 - AUD 212,532,821.82 AUD - AUD 27,325,648.52 AUD 07/2020 - AUD 203,300,997.55 AUD - AUD 26,138,699.68 AUD 08/2020 - AUD 194,411,454.45 AUD - AUD 24,995,758.43 AUD Volkswagen Financial Services Australia ABS Operations Australia absoperations.australia@vwfs.com.au +61 2 9751 6257 13

Note Class Class A Class B WAL At Closing: 2.64 yrs At Closing: 2.64 yrs At Closing: 3.25 yrs At Closing: 3.25 yrs Payment Date Actual Note Balance Forecasted Note Actual Note Forecasted Note Balance Balance2 Balance2 09/2020 - AUD 185,800,110.87 AUD - AUD 23,888,585.69 AUD 10/2020 - AUD 177,391,822.75 AUD - AUD 22,807,520.07 AUD 11/2020 - AUD 169,152,280.40 AUD - AUD 21,748,150.34 AUD 12/2020 - AUD 161,048,515.14 AUD - AUD 20,706,237.67 AUD 01/2021 - AUD 152,889,318.21 AUD - AUD 19,657,198.06 AUD 02/2021 - AUD 144,704,326.05 AUD - AUD 18,604,841.92 AUD 03/2021 - AUD 136,885,269.20 AUD - AUD 17,599,534.61 AUD 04/2021 - AUD 129,602,004.64 AUD - AUD 16,663,114.88 AUD 05/2021 - AUD 122,668,511.50 AUD - AUD 15,771,665.76 AUD 06/2021 - AUD 115,599,802.92 AUD - AUD 14,862,831.80 AUD 07/2021 - AUD 108,482,315.35 AUD - AUD 13,947,726.26 AUD 08/2021 - AUD 101,856,327.52 AUD - AUD 13,095,813.54 AUD 09/2021 - AUD 95,337,678.11 AUD - AUD 12,257,701.48 AUD 10/2021 - AUD 89,013,673.74 AUD - AUD 11,444,615.20 AUD 11/2021 - AUD - AUD - AUD - AUD 12/2021 - AUD - AUD - AUD - AUD 01/2022 - AUD - AUD - AUD - AUD 02/2022 - AUD - AUD - AUD - AUD 03/2022 - AUD - AUD - AUD - AUD 04/2022 - AUD - AUD - AUD - AUD + Based on the following assumptions: CPR of 10%, Net Losses of 0% and Clean Up Call at 10% of the maximum outstanding discounted receivables balance Volkswagen Financial Services Australia ABS Operations Australia absoperations.australia@vwfs.com.au +61 2 9751 6257 14

Amortisation Profile II Amortisation Profile Class A-Notes Balance in AUD 1,200,000,000 Actual Amort. A-Notes Expected Amort. A-Notes 1,000,000,000 800,000,000 Assuming a Clean-Up Call at 10% of the maximum, annual prepayments of 10% and 0% Net Losses. 600,000,000 400,000,000 200,000,000 0 Payment Date Balance in AUD 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 maximum, annual prepayments of 10% and 0% Net Losses. 80,000,000 60,000,000 40,000,000 20,000,000 0 Payment Date Volkswagen Financial Services Australia ABS Operations Australia absoperations.australia@vwfs.com.au +61 2 9751 6257 15

Run Out Schedule I End of Collection Period Interest Principal Nominal Instalments arrears 314,290.48 AUD 1,859,428.18 AUD 2,173,718.66 AUD 05/2018 4,654,543.32 AUD 11,973,992.00 AUD 16,628,535.32 AUD 06/2018 4,828,950.09 AUD 11,744,247.54 AUD 16,573,197.63 AUD 07/2018 4,763,320.38 AUD 11,886,760.49 AUD 16,650,080.87 AUD 08/2018 4,684,506.41 AUD 12,282,250.13 AUD 16,966,756.54 AUD 09/2018 4,599,374.49 AUD 11,930,508.88 AUD 16,529,883.37 AUD 10/2018 4,513,803.52 AUD 11,929,873.75 AUD 16,443,677.27 AUD 11/2018 4,427,028.13 AUD 12,058,717.86 AUD 16,485,745.99 AUD 12/2018 4,338,837.26 AUD 12,162,982.54 AUD 16,501,819.80 AUD 01/2019 4,250,656.37 AUD 12,100,910.09 AUD 16,351,566.46 AUD 02/2019 4,163,030.11 AUD 12,074,904.78 AUD 16,237,934.89 AUD 03/2019 4,075,505.21 AUD 12,076,398.38 AUD 16,151,903.59 AUD 04/2019 3,987,063.78 AUD 12,156,953.60 AUD 16,144,017.38 AUD 05/2019 3,897,693.71 AUD 12,116,013.56 AUD 16,013,707.27 AUD 06/2019 3,808,945.43 AUD 12,360,989.64 AUD 16,169,935.07 AUD 07/2019 3,718,092.97 AUD 12,278,577.66 AUD 15,996,670.63 AUD 08/2019 3,628,014.35 AUD 12,261,299.05 AUD 15,889,313.40 AUD 09/2019 3,537,764.56 AUD 12,209,376.39 AUD 15,747,140.95 AUD 10/2019 3,447,430.38 AUD 12,365,048.70 AUD 15,812,479.08 AUD 11/2019 3,356,431.19 AUD 12,257,448.21 AUD 15,613,879.40 AUD 12/2019 3,266,803.25 AUD 12,316,592.98 AUD 15,583,396.23 AUD 01/2020 3,175,594.88 AUD 12,300,158.32 AUD 15,475,753.20 AUD 02/2020 3,084,923.56 AUD 12,789,310.05 AUD 15,874,233.61 AUD 03/2020 2,990,421.39 AUD 12,879,523.84 AUD 15,869,945.23 AUD 04/2020 2,895,107.33 AUD 12,472,089.86 AUD 15,367,197.19 AUD 05/2020 2,802,775.54 AUD 12,617,864.86 AUD 15,420,640.40 AUD 06/2020 2,709,425.99 AUD 12,876,106.64 AUD 15,585,532.63 AUD 07/2020 2,614,047.80 AUD 12,412,308.37 AUD 15,026,356.17 AUD 08/2020 2,522,640.25 AUD 12,175,336.03 AUD 14,697,976.28 AUD 09/2020 2,432,616.71 AUD 12,154,776.70 AUD 14,587,393.41 AUD 10/2020 2,342,813.12 AUD 12,000,474.78 AUD 14,343,287.90 AUD 11/2020 2,253,929.68 AUD 12,081,462.90 AUD 14,335,392.58 AUD 12/2020 2,164,552.37 AUD 12,346,258.17 AUD 14,510,810.54 AUD 01/2021 2,073,090.74 AUD 12,637,506.19 AUD 14,710,596.93 AUD 02/2021 1,979,500.71 AUD 12,402,340.40 AUD 14,381,841.11 AUD 03/2021 1,887,635.67 AUD 11,391,811.66 AUD 13,279,447.33 AUD 04/2021 1,803,264.91 AUD 11,031,652.49 AUD 12,834,917.40 AUD 05/2021 1,721,615.29 AUD 11,466,219.70 AUD 13,187,834.99 AUD 06/2021 1,636,989.69 AUD 11,839,915.54 AUD 13,476,905.23 AUD 07/2021 1,549,403.98 AUD 11,013,182.90 AUD 12,562,586.88 AUD 08/2021 1,467,839.96 AUD 11,042,034.03 AUD 12,509,873.99 AUD 09/2021 1,386,084.61 AUD 10,914,815.52 AUD 12,300,900.13 AUD 10/2021 1,305,227.78 AUD 10,621,080.23 AUD 11,926,308.01 AUD 11/2021 1,226,591.06 AUD 9,621,997.62 AUD 10,848,588.68 AUD 12/2021 1,155,339.53 AUD 9,566,311.85 AUD 10,721,651.38 AUD 01/2022 1,084,503.16 AUD 11,319,603.05 AUD 12,404,106.21 AUD 02/2022 1,000,660.38 AUD 12,354,127.03 AUD 13,354,787.41 AUD 03/2022 909,243.35 AUD 9,544,277.32 AUD 10,453,520.67 AUD 04/2022 838,545.49 AUD 8,730,049.52 AUD 9,568,595.01 AUD 05/2022 774,143.06 AUD 9,883,442.02 AUD 10,657,585.08 AUD Volkswagen Financial Services Australia ABS Operations Australia absoperations.australia@vwfs.com.au +61 2 9751 6257 16

End of Collection Period Interest Principal Nominal Instalments 06/2022 701,072.43 AUD 9,443,716.23 AUD 10,144,788.66 AUD 07/2022 631,157.47 AUD 8,475,165.86 AUD 9,106,323.33 AUD 08/2022 568,374.10 AUD 8,983,084.65 AUD 9,551,458.75 AUD 09/2022 502,003.74 AUD 7,952,530.94 AUD 8,454,534.68 AUD 10/2022 443,109.01 AUD 8,043,809.91 AUD 8,486,918.92 AUD 11/2022 383,587.61 AUD 4,079,328.39 AUD 4,462,916.00 AUD 12/2022 353,415.19 AUD 6,057,612.26 AUD 6,411,027.45 AUD 01/2023 308,598.62 AUD 13,965,195.50 AUD 14,273,794.12 AUD 02/2023 205,181.15 AUD 12,774,814.88 AUD 12,979,996.03 AUD 03/2023 110,544.35 AUD 1,023,119.37 AUD 1,133,663.72 AUD 04/2023 102,964.90 AUD 989,882.69 AUD 1,092,847.59 AUD 05/2023 95,631.74 AUD 981,536.16 AUD 1,077,167.90 AUD 06/2023 88,360.54 AUD 956,321.48 AUD 1,044,682.02 AUD 07/2023 81,275.97 AUD 932,399.87 AUD 1,013,675.84 AUD 08/2023 74,368.72 AUD 907,799.63 AUD 982,168.35 AUD 09/2023 67,641.99 AUD 877,988.79 AUD 945,630.78 AUD 10/2023 61,137.80 AUD 850,223.73 AUD 911,361.53 AUD 11/2023 54,839.18 AUD 803,105.67 AUD 857,944.85 AUD 12/2023 48,889.88 AUD 752,097.33 AUD 800,987.21 AUD 01/2024 43,318.15 AUD 710,563.26 AUD 753,881.41 AUD 02/2024 38,054.41 AUD 661,464.29 AUD 699,518.70 AUD 03/2024 33,154.23 AUD 616,577.03 AUD 649,731.26 AUD 04/2024 28,586.27 AUD 581,014.94 AUD 609,601.21 AUD 05/2024 24,282.14 AUD 545,633.32 AUD 569,915.46 AUD 06/2024 20,240.19 AUD 487,936.43 AUD 508,176.62 AUD 07/2024 16,625.43 AUD 433,297.67 AUD 449,923.10 AUD 08/2024 13,415.72 AUD 394,047.97 AUD 407,463.69 AUD 09/2024 10,496.71 AUD 347,785.95 AUD 358,282.66 AUD 10/2024 7,920.23 AUD 296,121.62 AUD 304,041.85 AUD 11/2024 5,725.16 AUD 264,373.69 AUD 270,098.85 AUD 12/2024 3,766.57 AUD 255,551.24 AUD 259,317.81 AUD 01/2025 1,865.48 AUD 189,483.95 AUD 191,349.43 AUD 02/2025 461.74 AUD 62,331.27 AUD 62,793.01 AUD 03/2025 - AUD - AUD - AUD Total 143,180,680.20 AUD 673,585,227.97 AUD 816,765,908.17 AUD Volkswagen Financial Services Australia ABS Operations Australia absoperations.australia@vwfs.com.au +61 2 9751 6257 17

Poolcut 07/2016 09/2016 11/2016 01/2017 03/2017 05/2017 07/2017 09/2017 11/2017 01/2018 03/2018 05/2018 07/2018 09/2018 11/2018 01/2019 03/2019 05/2019 07/2019 09/2019 11/2019 01/2020 03/2020 05/2020 07/2020 09/2020 11/2020 01/2021 03/2021 05/2021 07/2021 09/2021 11/2021 01/2022 03/2022 05/2022 07/2022 09/2022 11/2022 01/2023 03/2023 Publication Date: 18/05/2018 Run Out Schedule II Balance in AUD 1,400,000,000 1,200,000,000 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. 1,000,000,000 800,000,000 600,000,000 400,000,000 200,000,000 Reporting Period 0 Expected Asset-Portfolio Actual Asset-Portfolio Volkswagen Financial Services Australia ABS Operations Australia absoperations.australia@vwfs.com.au +61 2 9751 6257 18

I - Overview as of Poolcut Date Product Type Hire Purchase Chattel Mortgage Consumer Loan Contract Status Development Normal 3,572 128,541,484.25 AUD 27 595,370.53 AUD 2,047 82,162,211.56 AUD 1,498 45,783,902.16 AUD In Advance - - AUD - - AUD - - AUD - - AUD In Arrears - - AUD - - AUD - - AUD - - AUD Paid out/matured - - AUD - - AUD - - AUD - - AUD Early Payout - - AUD - - AUD - - AUD - - AUD Gross Salvage - - AUD - - AUD - - AUD - - AUD Net Salvage - - AUD - - AUD - - AUD - - AUD Total 3,572 128,541,484.25 AUD 27 595,370.53 AUD 2,047 82,162,211.56 AUD 1,498 45,783,902.16 AUD Contract Status Development Normal 12,561 332,399,693.54 AUD 10 167,329.85 AUD 4,010 141,245,732.70 AUD 8,541 190,986,630.99 AUD In Advance 1,866 48,095,192.53 AUD 2 46,833.92 AUD 364 11,826,560.90 AUD 1,500 36,221,797.71 AUD In Arrears 3,269 99,228,138.70 AUD 4 26,806.59 AUD 858 30,036,428.52 AUD 2,407 69,164,903.59 AUD Paid out/matured 703 - AUD 16 - AUD 223 - AUD 464 - AUD Early Payout 2,115 - AUD 27 - AUD 731 - AUD 1,357 - AUD Gross Salvage 26 724,393.86 AUD - - AUD 19 546,162.83 AUD 7 178,231.03 AUD Net Salvage 55 1,173,112.54 AUD 1 8,093.92 AUD 45 1,077,625.25 AUD 9 87,393.37 AUD Total 20,595 481,620,531.17 AUD 60 249,064.28 AUD 6,250 184,732,510.20 AUD 14,285 296,638,956.69 AUD Contract Status Development as of Previous Month as of Current Reporting Period Product Type Hire Purchase Chattel Mortgage Consumer Loan Hire Purchase Product Type Chattel Mortgage Consumer Loan Normal 17,204 509,995,743.95 AUD 11 225,545.64 AUD 5,959 227,314,365.66 AUD 11,234 282,455,832.65 AUD In Advance 1,735 44,118,821.72 AUD 3 45,217.48 AUD 341 10,056,898.40 AUD 1,391 34,016,705.84 AUD In Arrears 4,399 118,469,120.74 AUD 3 25,439.63 AUD 936 30,807,980.86 AUD 3,460 87,635,700.25 AUD Paid out/matured 769 - AUD 17 - AUD 241 - AUD 511 - AUD Early Payout 2,303 - AUD 27 - AUD 768 - AUD 1,508 - AUD Gross Salvage 31 1,001,541.56 AUD - - AUD 23 801,872.65 AUD 8 199,668.91 AUD Net Salvage 60 1,233,933.19 AUD 1 8,093.92 AUD 49 1,103,786.77 AUD 10 122,052.50 AUD Total 26,501 674,819,161.16 AUD 62 304,296.67 AUD 8,317 270,084,904.34 AUD 18,122 404,429,960.15 AUD Volkswagen Financial Services Australia ABS Operations Australia absoperations.australia@vwfs.com.au +61 2 9751 6257 19

I - Overview Contract Status Development Normal 3,572 128,541,484.25 AUD In Advance - - AUD In Arrears - - AUD Paid out/matured - - AUD Early Payout - - AUD Gross Salvage - - AUD Net Salvage - - AUD Total 3,572 128,541,484.25 AUD Contract Status Development Normal 12,561 332,399,693.54 AUD In Advance 1,866 48,095,192.53 AUD In Arrears 3,269 99,228,138.70 AUD Paid out/matured 703 - AUD Early Payout 2,115 - AUD Gross Salvage 26 724,393.86 AUD Net Salvage 55 1,173,112.54 AUD Total 20,595 481,620,531.17 AUD Contract Status Development as of Poolcut Date as of Previous Month as of Current Reporting Period Normal 17,204 509,995,743.95 AUD In Advance 1,735 44,118,821.72 AUD In Arrears 4,399 118,469,120.74 AUD Paid out/matured 769 - AUD Early Payout 2,303 - AUD Gross Salvage 31 1,001,541.56 AUD Net Salvage 60 1,233,933.19 AUD Total 26,501 674,819,161.16 AUD Balloon Type of Car Balloon No Balloon New Vehicle Used Vehicle 1,460 67,743,395.28 AUD 2,112 60,798,088.97 AUD 2,996 113,632,498.43 AUD 576 14,908,985.82 AUD - - AUD - - AUD - - AUD - - AUD - - AUD - - AUD - - AUD - - AUD - - AUD - - AUD - - AUD - - AUD - - AUD - - AUD - - AUD - - AUD - - AUD - - AUD - - AUD - - AUD - - AUD - - AUD - - AUD - - AUD 1,460 67,743,395.28 AUD 2,112 60,798,088.97 AUD 2,996 113,632,498.43 AUD 576 14,908,985.82 AUD 3,330 134,875,315.33 AUD 9,231 197,524,378.21 AUD 9,093 263,504,435.60 AUD 3,468 68,895,257.94 AUD 377 14,216,518.79 AUD 1,489 33,878,673.74 AUD 1,380 37,415,381.78 AUD 486 10,679,810.75 AUD 782 33,116,747.41 AUD 2,487 66,111,391.29 AUD 2,412 77,583,813.09 AUD 857 21,644,325.61 AUD 204 - AUD 499 - AUD 572 - AUD 131 - AUD 692 - AUD 1,423 - AUD 1,469 - AUD 646 - AUD 9 339,035.24 AUD 17 385,358.62 AUD 14 451,320.37 AUD 12 273,073.49 AUD 30 746,873.91 AUD 25 426,238.63 AUD 37 924,594.66 AUD 18 248,517.88 AUD 5,424 183,294,490.68 AUD 15,171 298,326,040.49 AUD 14,977 379,879,545.50 AUD 5,618 101,740,985.67 AUD Balloon Type of Car Balloon No Balloon New Vehicle Used Vehicle Balloon Type of Car Balloon No Balloon New Vehicle Used Vehicle 4,700 211,423,687.69 AUD 12,504 298,572,056.26 AUD 12,689 410,756,614.71 AUD 4,515 99,239,129.24 AUD 373 13,592,326.20 AUD 1,362 30,526,495.52 AUD 1,294 34,720,303.48 AUD 441 9,398,518.24 AUD 938 35,588,139.83 AUD 3,461 82,880,980.91 AUD 3,167 90,334,389.01 AUD 1,232 28,134,731.73 AUD 211 - AUD 558 - AUD 615 - AUD 154 - AUD 741 - AUD 1,562 - AUD 1,595 - AUD 708 - AUD 14 573,957.28 AUD 17 427,584.28 AUD 18 635,793.18 AUD 13 365,748.38 AUD 31 762,000.74 AUD 29 471,932.45 AUD 39 940,014.31 AUD 21 293,918.88 AUD 7,008 261,940,111.74 AUD 19,493 412,879,049.42 AUD 19,417 537,387,114.69 AUD 7,084 137,432,046.47 AUD Volkswagen Financial Services Australia ABS Operations Australia absoperations.australia@vwfs.com.au +61 2 9751 6257 20

II - Collections Collections This Reporting Month by Status Change in Contract Statuses From Last Month This Month Collections Normal (1,263) 11,298 7,893,879.41 AUD In Advance (131) 1,735 1,642,470.03 AUD In Arrears 1,130 4,399 2,692,953.29 AUD Paid out/matured 66 769 151,878.23 AUD Early Payout 188 2,303 3,890,991.15 AUD Gross Salvage 5 31 18,446.43 AUD Net Salvage 5 60 22,712.94 AUD Total - 20,595 16,313,331.48 AUD Active Total Development of Pool within Reporting Period Collection Variations Nominal Balance Beginning of Period 17,722 20,595 577,478,861.96 AUD Scheduled Collections For Active This Period 11,908,014.94 AUD 11,908,014.94 AUD Collections Variations From Normal This Period 132,611.27 AUD Collection Variations From Paying Out Early This Period 3,855,979.83 AUD Collection Variations From Paying Out/Maturing This Period 61,764.05 AUD Collection Variations from in Advance This Period 942,153.26 AUD Collection Variations from Contract In Arrears This Period (560,270.70 AUD) Collection Variations from Going Into Gross Salvage This Period (5,893.72 AUD) Collection Variations from Going Into Net Salvage This Period 20,580.50 AUD Other Variations From Scheduled Collections This Period - AUD Instalment Collection Variations 4,446,924.49 AUD 4,446,924.49 AUD Contract Fees Collected This Period Interest Compensation Collections This Period Non Instalment Collection Variations Actual Collections For Active This Period 139,476.53 AUD (181,084.48 AUD) (41,607.95 AUD) 16,313,331.48 AUD Paid Out Early This Month 188 Paid Out/Matured This Month 66 Into Net Salvage This Month 5 Repurchased - - Less Recoveries After Net Salvage (6,089.85 AUD) Reduced Nominal Balance Due to Unpaid Rental At Net Salvage 69,907.48 AUD Reduced Nominal Balance Due to Unpaid Rental At Early Payout 583,340.68 AUD Reduced Nominal Balance Due to Other 1,213.33 AUD End of Period before Top / Tap-up 17,463 20,595 560,475,550.89 AUD Top / Tap-up 5,906 5,906 256,290,357.28 AUD Term Take Out - - - AUD End of Period after Top / Tap-up 23,369 26,501 816,765,908.17 AUD Development of outstanding pool during the reporting period active contracts Nominal Balance Balance as at the Beginning of Period 17,722 480,447,418.63 AUD 577,478,861.96 AUD Balance as at the End of Period - before Top / Tap-up 17,463 467,583,177.96 AUD 560,475,550.89 AUD Top / Tap-up for the Period 5,906 206,002,050.01 AUD 256,290,357.28 AUD Term Take Out - - AUD - AUD Balance as at the end of the period 23,369 673,585,227.97 AUD 816,765,908.17 AUD Volkswagen Financial Services Australia ABS Operations Australia absoperations.australia@vwfs.com.au +61 2 9751 6257 21

Arrears Publication Date: 18/05/2018 2 3 4 5 Product Type Hire Purchase Chattel Mortgage Consumer Loan Days in Arrears (%) (%) 2 2 4 > 0 <= 30 3,939 16.86% 105,288,033.70 AUD 15.63% 1 7,987.31 AUD 758 24,636,543.26 AUD 3,180 80,643,503.13 AUD > 30 <= 60 316 1.35% 8,597,429.52 AUD 1.28% - - AUD 110 3,443,555.07 AUD 206 5,153,874.45 AUD > 60 <= 90 116 0.50% 3,695,102.13 AUD 0.55% 1 15,593.88 AUD 45 1,916,425.99 AUD 70 1,763,082.26 AUD > 90 <= 120 19 0.08% 722,535.15 AUD 0.11% - - AUD 17 700,786.27 AUD 2 21,748.88 AUD > 120 <= 150 15 0.06% 495,927.91 AUD 0.07% - - AUD 12 439,909.73 AUD 3 56,018.18 AUD > 150 <= 180 7 0.03% 133,630.36 AUD 0.02% - - AUD 6 115,966.21 AUD 1 17,664.15 AUD > 180 <= 210 6 0.03% 164,978.32 AUD 0.02% 1 1,858.44 AUD 3 76,238.15 AUD 2 86,881.73 AUD > 210 <= 240 3 0.01% 123,029.03 AUD 0.02% - - AUD 2 85,280.37 AUD 1 37,748.66 AUD > 240 <= 270 1 0.00% 34,071.50 AUD 0.01% - - AUD - - AUD 1 34,071.50 AUD > 270 <= 300 2 0.01% 40,112.57 AUD 0.01% - - AUD 1 36,090.14 AUD 1 4,022.43 AUD > 300 <= 330-0.00% - AUD 0.00% - - AUD - - AUD - - AUD > 330 <= 360-0.00% - AUD 0.00% - - AUD - - AUD - - AUD > 360 1 0.00% 76,251.72 AUD 0.01% - - AUD 1 76,251.72 AUD - - AUD Total 4,425 18.9353% 119,371,101.91 AUD 17.72% 3 25,439.63 AUD 955 31,527,046.91 AUD 3,467 87,818,615.37 AUD Arrears - Total 140,000,000.00 AUD 120,000,000.00 AUD 100,000,000.00 AUD 80,000,000.00 AUD 60,000,000.00 AUD 40,000,000.00 AUD 20,000,000.00 AUD - AUD 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 Period > 0 <= 30 Days Arrears > 30 <= 60 Days Arrears > 60 <= 90 Days Arrears > 90 <= 120 Days Arrears > 120 <= 150 Days Arrears > 150 <= 180 Days Arrears > 180 <= 210 Days Arrears > 210 <= 240 Days Arrears > 240 <= 270 Days Arrears > 270 <= 300 Days Arrears > 300 <= 330 Days Arrears > 330 <= 360 Days Arrears > 360 Days Arrears Volkswagen Financial Services Australia ABS Operations Australia absoperations.australia@vwfs.com.au +61 2 9751 6257 22

Arrears 6 7 Balloon Balloon No Balloon New Vehicle Status Used Days in Arrears (%) (%) 6 8 10 > 0 <= 30 3,939 16.86% 105,288,033.70 AUD 15.63% > 30 <= 60 316 1.35% 8,597,429.52 AUD 1.28% > 60 <= 90 116 0.50% 3,695,102.13 AUD 0.55% > 90 <= 120 19 0.08% 722,535.15 AUD 0.11% > 120 <= 150 15 0.06% 495,927.91 AUD 0.07% > 150 <= 180 7 0.03% 133,630.36 AUD 0.02% > 180 <= 210 6 0.03% 164,978.32 AUD 0.02% > 210 <= 240 3 0.01% 123,029.03 AUD 0.02% > 240 <= 270 1 0.00% 34,071.50 AUD 0.01% > 270 <= 300 2 0.01% 40,112.57 AUD 0.01% > 300 <= 330-0.00% - AUD 0.00% > 330 <= 360-0.00% - AUD 0.00% > 360 1 0.00% 76,251.72 AUD 0.01% Total 4,425 18.9353% 119,371,101.91 AUD 17.72% 809 29,901,084.58 AUD 3,130 75,386,949.12 AUD 2,902 81,672,818.75 AUD 1,037 23,615,214.95 AUD 85 3,356,409.12 AUD 231 5,241,020.40 AUD 185 5,639,574.94 AUD 131 2,957,854.58 AUD 35 1,754,854.66 AUD 81 1,940,247.47 AUD 63 2,285,667.69 AUD 53 1,409,434.44 AUD 8 471,984.86 AUD 11 250,550.29 AUD 13 612,183.21 AUD 6 110,351.94 AUD 5 323,287.52 AUD 10 172,640.39 AUD 7 324,840.82 AUD 8 171,087.09 AUD 2 70,628.94 AUD 5 63,001.42 AUD 4 104,902.01 AUD 3 28,728.35 AUD 2 66,546.62 AUD 4 98,431.70 AUD 3 84,246.57 AUD 3 80,731.75 AUD 3 123,029.03 AUD - - AUD 3 123,029.03 AUD - - AUD - - AUD 1 34,071.50 AUD - - AUD 1 34,071.50 AUD 1 36,090.14 AUD 1 4,022.43 AUD 2 40,112.57 AUD - - AUD - - AUD - - AUD - - AUD - - AUD - - AUD - - AUD - - AUD - - AUD - - AUD 1 76,251.72 AUD - - AUD 1 76,251.72 AUD 950 36,103,915.47 AUD 3,475 83,267,186.44 AUD 3,182 90,887,375.59 AUD 1,243 28,483,726.32 AUD Volkswagen Financial Services Australia ABS Operations Australia absoperations.australia@vwfs.com.au +61 2 9751 6257 23