Financial Report April – June 2023

Stockholm, Sweden, July 21, 2023 (NYSE: ALV and SSE: ALIV.sdb) Q2 2023: Record second quarter sales Financial highlights Q2 2023$2,635 million net sales 27% net sales increase27% organic sales increase*3.6% operating margin8.0% adjusted operating margin*$0.61 EPS, 32% decrease$1.93 adjusted EPS*, 115% increase Full year 2023 indicationsAround 15% organic sales growthAround 1% positive FX effect on net salesAround 8.5%-9.0% adjusted operating marginAround $900 million operating cash flow Key business developments in the second quarter of 2023 ·Sales