Conversion of shares

According to Husqvarna AB´s articles of association, owners of Class A shares have the right to have such shares converted to Class B shares. Conversion reduces the total number of votes in Husqvarna AB. When such a conversion has occurred, the company is obligated by the Act on Trading in Financial Instruments to disclose any such change.

In May 2022, at the request of shareholders, 330 Class A shares were converted to
Class B shares. The total number of votes thereafter amounts to 156,731,927.9.

The total number of registered shares in the company amounts to 576,343,778 shares of which 110,108,389 are Class A shares and 466,235,389 are Class B shares.

This information is such that Husqvarna AB must disclose in accordance with the Financial Instruments Trading Act. The information was submitted for publication on June 30, 2022, at 17:30 CET.

For additional information, please contact:
Johan Andersson, Vice President Investor Relations
+46 702 100 451,
ir@husqvarnagroup.com
 

About Husqvarna Group
Husqvarna Group was founded in 1689 and is today a global leading producer of outdoor power products and innovative solutions for forest, park, garden care and the construction industry, transforming the way the world cares for outdoor and urban environments. The Group is made up of three divisions: Husqvarna Forest & Garden, Husqvarna Construction and Gardena. Products and solutions includes robotic lawnmowers, chainsaws, trimmers, watering solutions, cutting equipment and diamond tools for the construction and stone industries. Net sales in 2021 amounted to SEK 47bn and our global team consists of around 13 900 employees in 40 countries.