Financial Report October – December 2022

Stockholm, Sweden, January 27, 2023(NYSE: ALV and SSE: ALIV.sdb)Q4 2022: Solid performance Financial highlights Q4 2022$2,335 million net sales10% net sales increase18% organic sales increase*9.8% operating margin10% adjusted operating margin*$1.80 EPS, a 38% increase$1.83 adjusted EPS*, a 40% increaseFull year 2023 indicationsAround 15% organic sales growthAround 1% negative FX effect on net salesAround 8.5-9.0% adjusted operating marginAround $900 million operating cash flowKey business developments in the fourth quarter of 2022 · Sales increased