As previously reported, Audi CEO Rupert Stadler was taken into custody at the request of the Munich II Public Prosecutor's Office on June 18. Stadler has requested that the Supervisory Board release him from his position in the Board of Management of AUDI AG and in the Board of Management of Volkswagen AG. The Supervisory Boards of Volkswagen and Audi have complied with Stadler's request to release him from his duties. This release applies temporarily, until the circumstances that led to his arrest have been clarified.

Schot has been the Member of the Board of Management of AUDI AG with responsibility for Sales and Marketing since September 1, 2017.

Further information on the biography of Abraham Schot and a picture can be found at:
https://www.audi-mediacenter.com/de/pressemitteilungen/bram-schot-biografie-9277
https://www.audi-mediacenter.com/en/press-releases/bram-schot-biography-9277

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Audi AG published this content on 19 June 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 19 June 2018 12:07:07 UTC