Martin Lundstedt and Franz-Josef Kortüm to depart Autoliv board; board to reduce to nine members

AUTOLIV INC

Martin Lundstedt (director since 2021) will not stand for re-election; term ends at 2026 Annual Meeting (May 7, 2026).
Franz-Josef Kortüm, due to mandatory retirement age, will not stand for re-election; his term also ends at the 2026 Annual Meeting.
Board will reduce size from 11 to 9 members, effective immediately after polls close for the 2026 Annual Meeting.
Neither departure is the result of any disagreement with Autoliv, Inc.
All other current board members have been nominated for re-election at the 2026 Annual Meeting.

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