Private Driver Italia 2024-1 S.r.l. (Programme): 29 June 2024

Under this Programme, Private Driver Italia 2024-1 Srl may from time to time issue Asset-Backed Notes denominated in Euro.

The Notes will be issued in series with different issue dates, interest rates, final maturity dates and scheduled repayment dates (but having the same interest payment dates). For each Series, final terms to the Base Prospectus will be provided as a separate document. The Notes may be issued with an interest rate based on the EURIBOR rate for one-month Euro deposits plus a margin as specified in the relevant Final Terms.

The proceeds of any Notes as well as amounts standing to the Accumulation Account will be used to finance the purchase by the Issuer of Receivables from Volkswagen Bank GmbH – Italian Branch during the Revolving Period pursuant to the terms of the Master Receivables Purchase Agreement.