Comment regarding recent media inquiries
Ericsson (NASDAQ: ERIC) has received questions from media regarding past compliance related matters in Iraq. It appears media will focus on the conduct of business in unstable regions where terrorist organizations and corruption are present and employees’ safety may be at risk. In 2019, Ericsson conducted an internal investigation, under its own initiative. This investigation, that was conducted together with external counsel, related to compliance concerns about the Company’s business in Iraq. The investigation, which focused on the conduct of Ericsson employees, vendors and suppliers,