Stabilisation Notice

11.06.2019

Not for distribution, directly or indirectly, into any jurisdiction in which such distribution would be unlawful.

Veoneer, Inc. (the "Company")

Mid-stabilisation Period Announcement

Morgan Stanley & Co. LLC (contact: Ben Dannhauser; telephone: +1 212 761-9005) hereby gives notice that the Stabilisation Manager(s) named below undertook stabilisation (within the meaning of Article 3.2(d) of the Market Abuse Regulation (EU/596/2014) and of the rules of the Swedish FSA) in relation to the offer of the following securities, as set out below.

Securities

Issuer: Veoneer, Inc.Company number (or equivalent ID): 82-3720890
Securities: Shares of the Company's Common Stock ("Shares"); Swedish Depository Receipts (each representing one Share) ("SDRs")
ISIN: US92336X1090 ("Shares") ; SE0011115963 ("SDRs")
Offer size: 24,000,000 Shares ("Offer Shares") (excluding the over-allotment option), a portion of which were delivered to a depository, which issued SDRs
Offer price: 17.50 USD per Share

Stabilisation

Stabilising Manager: Morgan Stanley & Co. LLC, c/o The Corporation Trust Company (DE), Corporation Trust, 1209 Orange Street, Wilmington, Delaware, 19801, USA

For each of the dates during which stabilisation transactions were carried out during the period covered by this announcement, the aggregate quantity and price range was as follows:

Stabilisation transactions

Date  Buy/  Aggregate (Quantity)  Lowest Price  Highest Price  Currency  Stabilisation Trading Venue 
Sell 
31/05/2019  BUY  483  15.8500  15.8900  USD  American Stock Exchange (XASE) 
31/05/2019  BUY  2990  15.6000  15.9900  USD  BATS EXCHANGE (BATS) 
31/05/2019  BUY  1416  15.8900  15.9700  USD  BATS Y-EXCHANGE, INC. (BATY) 
31/05/2019  BUY  17400  15.8700  15.9900  USD  CITADEL SECURITIES (CDED) 
31/05/2019  BUY  7000  15.7400  16.0000  USD  EDGA EXCHANGE (EDGA) 
31/05/2019  BUY  9754  15.6000  16.0000  USD  EDGX EXCHANGE (EDGX) 
31/05/2019  BUY  200  15.6500  15.7800  USD  HRTF 
31/05/2019  BUY  3814  15.6500  15.9900  USD  Investor's Exchange (IEXG) 
31/05/2019  BUY  7500  15.9300  15.9500  USD  MORGAN STANLEY AND CO. LLC (MSCO) 
31/05/2019  BUY  1500  15.7000  15.9900  USD  MS POOL (MSPL) 
31/05/2019  BUY  1400  15.9750  15.9800  USD  MS RETAIL POOL (MSRP) 
31/05/2019  BUY  43641  15.5400  16.0000  USD  NASDAQ - ALL MARKETS (XNAS) 
31/05/2019  BUY  1801  15.8400  15.9700  USD  NASDAQ OMX BX (XBOS) 
31/05/2019  BUY  200  15.9600  15.9600  USD  Nasdaq PHLX (XPSX) 
31/05/2019  BUY  29787  15.6000  16.0000  USD  New York Stock Exchange (XNYS) 
31/05/2019  BUY  120814  15.6000  16.0000  USD  NYSE ARCA (ARCX) 
31/05/2019  BUY  300  15.9400  15.9900  USD  XCIS 

This announcement is for information purposes only and does not constitute an invitation or offer to underwrite, subscribe for or otherwise acquire or dispose of any securities of the Company in any jurisdiction.

A copy of the final prospectus for the offering of Shares, which has been filed with the Securities and Exchange Commission, may be obtained from Morgan Stanley & Co. LLC, 180 Varick Street, 2nd Floor, New York, NY 10014, Attention: Prospectus Department.

END.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

Subscribe

Documents & Links