Autoliv provides update ahead of planned spin-off

(Stockholm, Sweden, April 26, 2018) – Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), the worldwide leader in automotive safety systems, today announced important steps in the process to spin-off its Electronics business.The process of spinning off the Electronics business under the name Veoneer is progressing well. Operational separation of the Electronics business was completed on schedule April 1 and critical items, including transfer of people, set-up of systems and the establishment of leadership teams, are tracking according to plan. The establishment of new boards of directors for the