FAM supports SKF’s proposal to split the Group

As the largest owner of SKF, FAM supports today's announced plans to separate SKF's Automotive business into a new company and distribute it to SKF's shareholders.

"FAM supports the proposal announced today. The proposed split of SKF will create two global companies that are market leaders in their respective segments. The split will provide better opportunities for the two focused companies to continue creating profitable growth and long-term value. After the split is completed, which is expected to occur during the first half of 2026, both companies will be strategic holdings for FAM," commented FAM's CEO, Håkan Buskhe.

FAM is SKF's largest owner, holding 15 percent of the capital and 29 percent of the votes.

For inquiries, please contact:
Laura Safir, Head of Communications, FAM
Email: laura.safir@fam.se
Tel: +46 73 515 22 61

About FAM AB:
FAM is a private holding company that manages its assets through active ownership with a long-term investment horizon. FAM is owned by the three largest Wallenberg Foundations – through Wallenberg Investments AB. FAM’s major holdings include SKF, Stora Enso, Munters, IPCO, Kopparfors Skogar, The Grand Group, Höganäs, Nefab, and Kivra. Through value growth and dividends from its holdings, FAM contributes to the Wallenberg Foundations' value growth and their ability to provide grants for research and education. Read more about FAM www.fam.se