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REPORTREPORT REPORT Audi 2020 combined annual and sustainability report Dear Readers, Stand together, but keep your distance – an idea that became last year’s watchword. The coronavirus pandemic significantly impacted day-to-day business in markets throughout the world, presenting great economic as well as emotional challenges. Thanks to our strong crisis management team, we have managed to navigate stably through the pandemic thus far. Ensuring the protection of everyone at Audi has always been our top priority. At the same time, we have examined our costs and secured our liquidity – without compromising on product substance or sustainability. Audi has the potential and is committed to taking a leading role in shaping the transformation of the automotive industry. “ Vorsprung” is in our DNA. For us, “Vorsprung” means combining unique technological innovations with a clear mindset: We want to set an example as a modern, transparent and value-based company. We want to sustainably shape individual mobility, while protecting the environment and conserving resources. Markus Duesmann Chairman of the Board of Management and Member of the Board of Management for Product Lines of AUDI AG P h o to : A U D I A G Querverweis 0-1 Intro 2Audi Report 2020 Foreword The Audi e-tron GT quattro1 is one example of this. As the brand’s progressive new spearhead, it is our first all-electric model manufactured in Germany. The e-tron GT1 stands for emotional electric mobility and sustainability. Now more than ever, our future success requires that we have a holistic understanding of sustainability, comprising the economy, environment and society. That is why we are also integrating the financial perspectives and issues related to ESG – Environment, Social and Governance – into our reporting and are publishing a combined annual and sustainability report this year for the first time. Even following last year’s acquisition of all Audi shares by Volkswagen AG, this approach will allow us to