Investor has increased its ownership in Electrolux, intends to convert A-shares to B-shares

Today, Investor AB has purchased additional B-shares in Electrolux AB. Following these purchases, Investor holds 7,420,771 A-shares and 41,779,039 B-shares in Electrolux.

Thereby, Investor has achieved an ownership exceeding 30 percent of the votes based on the registered number of shares in Electrolux.

Investor intends to, within four weeks, utilize the right to convert A-shares into B-shares, after which Investor’s share of the votes in Electrolux will once again be below 30 percent.

Our press releases can be accessed at www.investorab.com

Investor, founded by the Wallenberg family a hundred years ago, is the leading owner of high quality Nordic-based international companies. Through board participation, our industrial experience, network and financial strength, we strive to make our companies best-in-class. Our holdings include, among others, ABB, Atlas Copco, Ericsson, Mölnlycke and SEB.

For further information:

Viveka Hirdman-Ryrberg, Head of Corporate Communication and Sustainability: +46 8 614 2058, +46 70 550 3500

Magnus Dalhammar, Head of Investor Relations: +46 8 614 2130, +46 73 524 2130

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