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Autoliv Declares Outcomes of 2024 Annual Customary Meeting of Stockholders, Industry Recordsdata

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STOCKHOLM, May 13, 2024 /PRNewswire/ — Autoliv, Inc., (NYSE: ALV) (SSE: ALIV-sdb)the worldwide chief in car security systems, at the present time launched the outcomes of its annual overall assembly of stockholders held on May 10, 2024.

Annual Customary Meeting of Stockholders

The Firm’s 2024 Annual Customary Meeting of Stockholders (AGM) voted for approval of the next proposals:

  • The election of Mikael Bratt, Laurie Brlas, Jan Carlson, Hasse Johansson, Leif JohanssonFranz-Josef Kortüm, Frédéric Lissalde, Xiaozhi Liu, Gustav Lundgren, Martin Lundstedtand Thaddeus “Ted” Senko as directors of the Board for a one-year term ending at the 2025 AGM;
  • The non-binding, advisory resolution to approve the Firm’s 2023 executive compensation for its named executive officers; and
  • The ratification of the appointment of Ernst & Younger AB as the Firm’s independent auditing firm for the fiscal year ending December 31, 2024.

Committees of the Board

On the Board assembly, the Board licensed the membership of its standing committees as follows:

  • Audit and Chance Committee:
    Ted Senko (Chair), Laurie Brlas, Hasse Johanssonand Gustav Lundgren
  • Leadership Development and Compensation Committee:
    Frédéric Lissalde (Chair), Leif Johansson, Xiaozhi Liuand Martin Lundstedt
  • Nominating and Corporate Governance Committee:
    Leif Johansson (Chair), Laurie BrlasFranz-Josef Kortüm, and Frédéric Lissalde

Chairman

The Board resolved that Jan Carlson continues to encourage as the Chairman of the Board.

Inquiries:
Traders & Analysts: Anders TrappTel +46 (0)8 587 206 71
Traders & Analysts: Henrik KaarTel +46 (0)8 587 206 14
Media: Gabriella EtemadTel +46 (0)70 612 64 24

About Autoliv

Autoliv, Inc. (NYSE: ALV; Nasdaq Stockholm: ALIV.sdb) is the worldwide chief in car security systems. By means of our community corporations, we fabricate, fabricate and market protective systems, equivalent to airbags, seatbelts, and steering wheels for all main car manufacturers on the earth as well to mobility security choices, equivalent to pedestrian protection, related security services and products and security choices for riders of powered two wheelers. At Autoliv, we discipline and re-elaborate the factors of mobility security to sustainably enlighten main choices. In 2023, our products saved 35,000 lives and reduced more than 450,000 injuries.

Our 70,000 pals in 25 worldwide locations are alive to about our vision of Saving Extra Lives and quality is at the coronary heart of all the pieces we invent. We pressure innovation, evaluation, and vogue at our 14 technical centers, with their 20 take a look at tracks. Sales in 2023 amounted to US $ 10.5 billion. For more data hunch towww.autoliv.com.

Rating Harbor Assertion

This file contains statements that are no longer ancient information but reasonably forward-attempting statements inside of the that reach of the Private Securities Litigation Reform Act of 1995. Such forward-attempting statements embody folk that handle activities, occasions or trends that Autoliv, Inc. or its management believes or anticipates could per chance per chance happen within the waste. All forward-attempting statements are essentially based upon our fresh expectations, diverse assumptions and data available from third parties. Our expectations and assumptions are expressed in honest faith and we believe there could be an cheap basis for them. Alternatively, there can even be no assurance that such forward-attempting statements will materialize or trace to be moral as forward-attempting statements are inherently discipline to identified and unknown risks, uncertainties and other factors which can per chance per chance discipline off right future results, performance or achievements to change materially from the lengthy bustle results, performance or achievements expressed in or implied by such forward-attempting statements. Change risks, uncertainties and other factors could per chance per chance discipline off right results to change materially from those discipline out within the forward-attempting statements, including overall economic stipulations and fluctuations within the world car market. For any forward-attempting statements contained on this or every other doc, we claim the protection of the safe harbor for forward-attempting statements contained within the Private Securities Litigation Reform Act of 1995, and we utter no obligation to interchange publicly or revise one of these statements in gentle of contemporary data or future occasions, excluding as required by legislation.

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