In an interview with German newspaper Bild, Schwarzenegger said he spent the Christmas holiday with Shriver and their children and that the two still are on very good terms, reported ET online.
"We're not fighting a war. I still hope for reconciliation -- I still love Maria," he said.
Shriver filed for divorce in 2011 after 25 years of marriage after the 65-year-old former California governor admitted that he fathered a child with the family's housekeeper.
The actor has also acknowledged other affairs during his marriage.