Veoneer

Veoneer
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With sales of approximately $916 million for the full year 2023, Veoneer is a world leader in Automotive Electronic Safety Systems. Veoneer’s scalable, best-in-class restraint control systems are saving lives by mitigating the effects of car crashes. 2023 was a record launch year and in 2024 the company’s products are part of 40 scheduled vehicle launches. To date, the company has delivered more than 1 billion electronic control units and crash sensors to car manufacturers globally. The company is building on a heritage of 70 years of automotive safety development. Veoneer has approximately 2,700 employees in 11 countries.

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Financial Report July - September 2021

Tue, Oct 26, 2021 12:00 CET

Stockholm, Sweden, October 26, 2021 (NYSE: VNE and SSE: VNE-SDB) Financial Summary - Q3'21 • Active Safety drives organic sales growth, despite 20% YoY decline in light vehicle production (LVP) • Net Sales $391 million, Net sales increase 5%, Organic Sales1 increase 3% YoY • Active Safety Net Sales increase 27%, Organic Sales increase 24% YoY • Operating cash flow $(120) million • Cash balance $420 million • Veoneer is currently focusing on providing information relating to the on-going acquisition process and is no longer providing a forward looking outlook and

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Financial Report July - September 2021

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