Company Announcements

New Number of Votes in AB Volvo

GOTHENBURG, Sweden, March 31, 2020 /PRNewswire/ -- The number of votes in AB Volvo has changed due to the conversion of a total of 218 Series A shares to a total of 218 Series B shares. The conversions were implemented with the support of the opportunity for Series A shareholders to request conversion of Series A shares to Series B shares which was entered in the Articles of Association at the 2011 Annual General Meeting.

Today, 31 March 2020, the last trading day of the month, there are a total of 2,128,420,220 registered shares in AB Volvo. Of these are 476,411,083 Series A shares and 1,652,009,137 Series B shares. The number of votes in the company amounts to 641,611,996.70 based on the number of registered shares.

For further information, please contact:     
Claes Eliasson
Volvo Group Media Relations
+46-76-553-72-29

This information is information that AB Volvo (publ) is obliged to make public pursuant to the Financial Instruments Trading Act. The information was submitted for publication at 1.00 p.m. CEST on 31 of March 2020.

For more information, please visit volvogroup.com/press

The Volvo Group drives prosperity through transport solutions, offering trucks, buses, construction equipment, power solutions for marine and industrial applications, financing and services that increase our customers' uptime and productivity. Founded in 1927, the Volvo Group is committed to shaping the future landscape of sustainable transport and infrastructure solutions. The Volvo Group is headquartered in Gothenburg, Sweden, employs 104.000 people and serves customers in more than 190 markets. In 2019, net sales amounted to about SEK 432 billion (EUR 40.5 billion). Volvo shares are listed on Nasdaq Stockholm.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/ab-volvo/r/new-number-of-votes-in-ab-volvo,c3077792

The following files are available for download:

https://mb.cision.com/Main/39/3077792/1221607.pdf

200331-volvo-new-number-votes-press-release-eng.pdf

https://news.cision.com/ab-volvo/i/1860x1050-news-common-volvo-sign,c2767805

1860x1050-news-common-volvo-sign

Cision View original content:http://www.prnewswire.com/news-releases/new-number-of-votes-in-ab-volvo-301032447.html

SOURCE AB Volvo