Autoliv (ALV) Announces CFO Departure

Autoliv, Inc. (NYSE: ALV), the worldwide leader in automotive safety systems, today announced that Fredrik Westin has decided to resign as the Chief Financial Officer and Executive Vice President, Finance for personal reasons and to pursue a position in continental Europe, where he resided prior to joining Autoliv in March 2020. He remains in his current position until December 31, 2025, unless otherwise agreed by the parties.

Mikael Bratt, President and CEO of the Company, said, "We sincerely thank Fredrik for his valuable contributions to Autoliv and the executive management team over the past five years which has been a particularly challenging period for the global automotive industry. We wish him and his family all the best as they relocate."

The recruitment process for the successor Chief Financial Officer will be launched immediately.

Inquiries:
Investors & Analysts: Anders Trapp, Tel +46 (0)8 587 206 71
Investors & Analysts: Henrik Kaar, Tel +46 (0)8 587 206 14

This information is information that Autoliv, Inc. is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the contact person set out above, at 14:10 CET on June 30, 2025.

You May Also Be Interested In

• Boeing names Ryan Shedd as new SVP and controller
• Real and RE/MAX Holdings receive court approval for merger
• Solowin Holdings marks 10 years, expands into stablecoins and AI