2022-2024

In November 2021, the Autoliv, Inc. Board of Directors approved a stock repurchase program that authorizes the Company to repurchase shares under the following terms:

• Repurchases may be made from January 1, 2022 through December 31, 2024;
• The maximum value of aggregate repurchases under this program is $1.5 billion or a maximum aggregate of 17 million shares (whichever comes first);
• Repurchases of stock may be made directly on the NYSE or indirectly through the repurchase of SDRs traded on the Stockholm Nasdaq provided that the maximum of such repurchases is $1.0 billion or 12 million SDRs;
• All common shares repurchased under the program will be cancelled with such shares reverting to authorized but unissued shares thereby reducing the capital represented by the retired shares; and
• Autoliv management can initiate repurchases opportunistically at its discretion, subject to applicable legal requirements.

The manner, timing, pricing and amount of any repurchases will be subject to the Company’s discretion and may be based upon market conditions, regulatory requirements and alternative opportunities that the Company may have for the use or investment of its capital. The 2022-2024 Repurchase Program may be modified, suspended or discontinued at any time.  Purchases of Common Stock and SDRs may be made in open market purchases, privately negotiated transactions, block purchase techniques, 10b5-1 trading plans or a combination of the foregoing in accordance with applicable law and the rules and regulations of both the NYSE and Nasdaq Stockholm.

For more information about the stock repurchase program and its progress, please see the tables below which is updated weekly: