Financial Report October – December 2020

Stockholm, Sweden, January 26, 2021(NYSE: ALV and SSE: ALIV.Sdb)Q4 2020: Record net sales, operating income, cash flow Financial highlights Q4 2020$2,517m net sales12.7% organic sales growth*12.2% operating margin12.4% adjusted operating margin*$2.15 EPS - an increase of 21%$2.19 adjusted EPS* - an increase of 19% Full year 2021 indicationsAround 25% net sales growthAround 20% organic sales growthAround 10% adjusted operating margin  Key business developments in the fourth quarter of 2020 · Record net sales, for our passive safety business. Sales