Regulatory News:

Autoliv AB (NYSE:ALV) (STO:ALIVSDB)

Autoliv, Inc. (NYSE: ALV, and SSE: ALIV sdb), the worldwide leader in automotive safety systems, today speaks to the Swedish parliament on how cross-sector collaboration in automotive, traffic and infrastructure development can spur both safety and innovation going forward.

The seminar, named Drive Me – Self-Driving cars for Sustainable Mobility, focuses on the collaborative project where 100 self-driving cars will be tested under daylight conditions on city streets. The seminar was jointly initiated by the Drive Me project, the governing Social Democrats together and the Liberals. Autoliv will speak of how safety, quality and innovation go hand in hand when developing autonomous vehicles and smart infrastructure.

“Sweden has a renowned history of close collaboration between industry, academia and the public sector, and as a result, we have seen an impressive amount of Swedish safety innovations. I am confident that Sweden as a nation will continue to play a central role in the safety area, and that self-driving vehicles will be key to this development”, says Jan Carlson, Chairman, President and CEO of Autoliv.

According to the World Health Organization, 1.25 million people die in traffic accidents every year, and the United Nations’ Agenda for Sustainable Development sets a target of halving these numbers by 2030. At Autoliv, the challenges regarding traffic safety and innovation development are seen as linked:

“On the one hand, industry, academia and the public sector all have a responsibility to resolve the urgent matter of global traffic fatalities together. On the other hand, we can now see how innovation in the automotive sector, in traffic and in infrastructure, is key both to resolving these issues, and driving industrial development”, comments Ola Boström, Senior Director of Research at Autoliv, who is also a key note speaker at the seminar.

Autoliv, Volvo Car Group, the Swedish Transport Administration, the Swedish Transport Agency, the City of Gothenburg and Chalmers University are speaking at the conference.

About Drive Me:

Drive Me is a unique large-scale autonomous driving pilot project in which 100 self-driving Volvo XC90 cars will be put to use on public roads under everyday driving conditions. The cars will be driven autonomously on approximately 50 kilometers of selected roads in and around Gothenburg, Sweden, roads which will be typical commuter arteries including motorway conditions and frequent queues.

The project was initiated in 2013. The first test vehicles have been on the road in Gothenburg since 2014 – and Volvo Cars has recently taken a major stride ahead by presenting a complete system solution for self-driving cars. The public pilot is scheduled to start in 2017.

Safe Harbor Statement

This report contains statements that are not historical facts but rather forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include those that address activities, events or developments that Autoliv, Inc. or its management believes or anticipates may occur in the future. All forward-looking statements are based upon our current expectations, various assumptions and data available from third parties. Our expectations and assumptions are expressed in good faith and we believe there is a reasonable basis for them. However, there can be no assurance that such forward-looking statements will materialize or prove to be correct as forward-looking statements are inherently subject to known and unknown risks, uncertainties and other factors which may cause actual future results, performance or achievements to differ materially from the future results, performance or achievements expressed in or implied by such forward-looking statements. Numerous risks, uncertainties and other factors may cause actual results to differ materially from those set out in the forward-looking statements. The Company undertakes no obligation to update publicly or revise any forward-looking statements in light of new information or future events. For any forward-looking statements contained in this or any other document, we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995, and we assume no obligation to update any such statement.

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