Jury Verdict

On March 2, 2016, a Bexar County jury rendered a verdict of $124,496,993.97 in favor
of a catastrophically injured 11-year old child, Jesse Rivera, Jr., and assessed joint and
several liability against Audi AG and Volkswagen Group of America, Inc. The trial
lasted 4 weeks; the jury deliberated 3 days. The jury found that the Audi seat was
defective and unreasonably dangerous because it collapsed in a foreseeable
automobile accident.

On April 4, 2016, a judgement was entered by the honorable Larry Noll in favor of
Plaintiffs and against Defendant Volkswagen Group of America, Inc.
in the amount of $125,349,340.

Jesse Rivera, Individually and as Next Friend for Jesse Rivera, Jr., et.al. v. Gloria
Cordova, Audi AG, and Volkswagen Group of America, Inc., 408th District Court Bexar County,
Cause No. 2013 – CI – 00118.

*Parties reached a settlement under confidential terms.