Autoliv General Presentation

Autoliv General Presentation 2017 v 1.0 1 March 24, 2017 Autoliv General Presentation 2017

Autoliv in Brief 2 March 24, 2017 Autoliv General Presentation 2017

Every year our products save over 30,000 lives and prevent ten times as many severe injuries 3 March 24, 2017 Autoliv General Presentation 2017

Our Guiding Principles 4 March 24, 2017 Autoliv General Presentation 2017

Our Strategy to Stay Ahead Relentless focus on Operational Excellence Quality Zero defects by flawless execution One Product One Process to improve cost effectiveness and robustness Innovation to lead industry in Real Life Safety 5 March 24, 2017 Autoliv General Presentation 2017

We Save More Lives while Creating Value Human lives saved by our products additionally they prevent ten times as many severe injuries 160000 140000 120000 100000 80000 60000 40000 20000 0 2016 Target 6 March 24, 2017 Autoliv General Presentation 2017

Creating Sustainable Value Saving More Lives is the most significant impact we can make as a Company. 7 March 24, 2017 Autoliv General Presentation 2017

Superior Global Presence Europe 30% of sales China 18% of sales Americas 34% of sales RoA 9% of sales Japan 9% of sales WORLDS LARGEST AUTOMOTIVE SAFETY SUPPLIER >70,000 ASSOCIATES >83 FACILITIES 27 COUNTRIES 8 March 24, 2017 Autoliv General Presentation 2017

Autoliv s Research, Development & Engineering Poland Oława Sweden Vårgårda Linköping Gothenburg China Shanghai USA Ogden Lowell Goleta Auburn Hills Southfield France Gournay Rouen Pont-de-Buis Cergy-Pontoise Germany Dachau Elmshorn Holzgerlingen Schweinfurt Romania Brasov Timisoara India Bangalore Japan Tsukuba Hiroshima Tochigi South Korea Seoul ~7,900 ASSOCIATES ENGAGED IN R,D&E THOUSANDS OF R,D&E PROJECTS 22 TECHNICAL CENTERS 19 CRASH TEST TRACKS 9 March 24, 2017 Autoliv General Presentation 2017

Autoliv Today A global leader in Automotive Safety with a well-balanced footprint China Japan 18% Global Footprint RoA 9% Customers Others Products Brake Control Systems 2% 2% 2% 2% 11% Active Safety Products Domestic Chinese OEMs 2% 3% 9% Europe 3% Passive Safety 7% 4% 11% 4% Electronics 30% 10% 6% Sales Sales 2016 Sales 11% 2016 6% 2016 52% Airbags 34% 7% 8% 10% 10% Seatbelts 27% Americas 10 March 24, 2017 Autoliv General Presentation 2017

Key Figures Summary US$ (in millions) 2016 Sales 10,074 Operating income 848 Net income 562 Earnings per share, US$ 6.42 Cash from operations 868 Return on total equity, % 15 Share holder returns 203 Headcount (no. of persons) 70,000 Light Vehicle Production (millions units) 90 11 March 24, 2017 Autoliv General Presentation 2017

2016 in Summary 16% 39% 10% organic sales growth in active safety* market share in the global passive safety market total sales growth $203m $868m $499m in direct shareholder returns in operational cash flow of CAPEX, supporting growth * Non-U.S. GAAP measure, please refer to our 2016 Annual Report for reconciliation. 12 March 24, 2017 Autoliv General Presentation 2017

M&A Track Record Supports organic growth strategy US$ (millions) 12,000 10,000 8,000 Morton ASP Mando Visteon Restraint Izumi Electronics Norma NSK OEA Tyco Radar Delphi OPS Volvo IP License MACOM 1) Visteon Radar, ANBS Aztyx/Hella IP Zenuity (2017) 6,000 Autoflug LivBag IsoDelta 4,000 2,000 Klippan Britax Sale of Italy,0 1982 1985 1988 1991 1994 1997 2000 2003 2006 2009 2012 2015 1) Automotive business 13 March 24, 2017 Autoliv General Presentation 2017

Innovative Spirit for Robust Solutions 14 March 24, 2017 Autoliv General Presentation 2017

Industry Pioneer with Strong Heritage More than 60 years of innovation in Automotive Safety MECHANICAL PYROTECHNICAL ELECTRONICS DIGITAL 1950s 1980s 1990s 2000s 2010s 15 March 24, 2017 Autoliv General Presentation 2017

Real Life Safety The Road to Saving More Lives REAL LIFE SAFETY System Integration Traffic Safety Research Active Technologies Passive Technologies Beyond Standardized Test Scenarios Towards Real Life Situations and Benefit 16 March 24, 2017 Autoliv General Presentation 2017

Innovative Spirit R,D&E Expenditure Almost 7,900 people in Research, Development and Application Engineering (R,D&E) Manufacturing close to customers assembly plants in North America, Western Europe and Japan Local teams support our corporate research efforts 17 March 24, 2017 Autoliv General Presentation 2017

LIV - The Learning Intelligent Vehicle Shared control between driver and vehicle To attain trust required in autonomous driving Connecting different technologies in an AI-based ECU 18 March 24, 2017 Autoliv General Presentation 2017

Unique Testing Capabilities In 2016, Autoliv continued to lead all automotive safety related suppliers by globally performing over 625 full vehicle crash tests in China, Europe and the United States. ONLY SAFETY SYSTEM SUPPLIER DOING COMPLETE VEHICLE CRASH-TESTS 6 TRACKS FOR FULL-SCALE TESTS 19 TEST TRACKS 76% OF R,D&E ARE ASSIGNMENTS ORDERED AND FUNDED BY CUSTOMERS TRACKS FOR ACTIVE SAFETY TESTING 19 March 24, 2017 Autoliv General Presentation 2017

Road Fatalities per Country 100 90 105 130 per 100,000 inhabitants/year per 100,000 vehicles 80 70 60 50 40 30 20 10 0 Source: Autoliv estimates 20 March 24, 2017 Autoliv General Presentation 2017

Reduction of Life-Threatening Injuries by Major Product Types Passenger Airbags Driver Airbags Side Airbags Curtain Airbags Modern Seatbelts 0% 10% 20% 30% 40% 50% 60% 70% 80% Source: Glassbrenner 2009, McCartt & Kyryshenko 2007 and Crandall 2000 21 March 24, 2017 Autoliv General Presentation 2017

Strategy & Products 22 March 24, 2017 Autoliv General Presentation 2017

Our Transformation in a World of Change Autonomous Driving Automated Route (Trained) Automated Route (Destination) Automated Highway Driving Automated City Driving Automated Valet Parking Evasive Maneuvers AEB City AEB Urban AEB Ped./Cyclist Intersection Assist Overtaking Assist ACC / Queue Assist Lane Centering & Keeping Cross-Traffic Assist Real-Collision Mitigation Auto Parallel Parking Navigation Electronic Horizon Anti-Lock Brakes Stability Control HMI Electric Power Steering Blind Spot Monitoring Ped./Cyclist Detection Parking Aid Traffic Sign Recognition Lane Departure Warning Forward Collision Warning Surround / Rear View Brake Controls Steering Controls Propulsion Controls Driver Radar Cameras LIDAR Monitoring Ultrasonic Sensors Inertia Sensors GPS MAPS V2X 23 March 24, 2017 Autoliv General Presentation 2017

Life-Saving Technologies AIRBAGS In frontal crashes, driver airbags reduce fatalities by appr 25%, and front-seat airbags by appr 20%. Side-curtain airbags reduce life-threatening head injuries in side impacts by appr 50% for passengers sitting on the side of the vehicle that is struck. Side airbags, rear side airbags, knee airbags and far-side airbags also help save lives and reduce serious injuries. SEATBELTS prevent fatalities The combination of seatbelt, seatbelt pretensioners, load limiters, lap pretensioners and frontal airbags reduces the risk of lifethreatening head or chest injuries in frontal crashes by 75%. PROTECTING PEDESTRIANS Thanks to a pyrotechnic hood-lifter and/or an outside pedestrian protection airbag, a pedestrian who is hit can avoid head injury caused by the hard area between the hood and the windscreen or one of the windshield pillars. 24 March 24, 2017 Autoliv General Presentation 2017

Passive Safety Products Airbags, Seatbelts, and Steering wheels Sales $ 7,621 2015 $ 7,919 2016 Operating income Organized in geographies: Europe, North America, South America, China, Korea, Japan & South East Asia, and India. Share of group sales Headcount 2015 59,861 2016 63,134 25 March 24, 2017 Autoliv General Presentation 2017

Technologies to Prevent Accidents ADAS ECU A supporting brain Monitors the surroundings and fuses data from cameras, radars and sensors to interpret the situation and trigger ADAS features like emergency braking or automatic lane change. Satellite sensors trigger seatbelt pretensioners and airbag systems. CAMERAS extra pair of eyes Mono and stereo vision cameras can recognize vehicles, pedestrians, speed signs and lane markings, and are used in the Advanced Driver Assistance Systems (ADAS) to avoid collisions. Steering Wheels Alert An integrated electrical motor can vibrate the steering wheel, alerting the driver to dangerous situations. RADAR avoids crashes - Detects objects in all weathers and provides an advance warning of potential collisions. - To avoid blind spot crashes. - Controls the stop-and-go functions in the queue - Long-range radars are used for Adaptive Cruise Control systems (ACC) and Autonomous Emergency Braking (AEB). NIGHT VISION ASSIST In challenging lighting at night, in fog, blinding headlight and sunlight glare collisions can be avoided as far infrared technology shows a heatgenerated image of animals, pedestrians and more. OPTIMUM BRAKING Brake Actuation and Brake Control use sensors to apply the correct braking pressure for a given condition. They also offer electronic stability control, anti-locking brakes and traction control systems. 26 March 24, 2017 Autoliv General Presentation 2017

Electronics Products Passive safety electronics: airbag control modules and remote sensing units Active safety products; automotive radars, night vision systems, cameras with driver assist systems and positioning systems Brake control systems Sales $ 1,589 2015 $ 2,216 2016 Share of group sales Operating income Headcount 2015 4,080 2016 6,778 27 March 24, 2017 Autoliv General Presentation 2017

Sensors - Vision Technology VISION Our camera-based vision systems are the key to driver assistance and safety functions, such as accident avoidance. The comprehensive information gathered by vision systems provides vital input data for advanced vehiclecontrol systems. BROADEST TECHNOLOGY PLATFORM MONO STEREO NIGHT VISION DRIVER MONITORING (Our Mono and Stereo-vision cameras capture rich environmental data and process this using advanced algorithms to warn the driver of hazardous situations.) 28 March 24, 2017 Autoliv General Presentation 2017

Controls - ADAS ECU The brain of an active safety system ADAS ECU Our ADAS ECU is the brain that fuses all vital information from sensors to make the best possible interpretation of the situation and trigger ADAS features like emergence braking or automatic lane change. WORLD FIRST CENTRAL ADAS ECU 29 March 24, 2017 Autoliv General Presentation 2017

Sensors - Radar Technology Broadest portfolio in the market RADAR Our radars can see when cameras are blinded by darkness or bad weather. Radars also note vital information, such as range, angle and relative velocity, complementing visual information from our cameras. old STRONG PORTFOLIO OF RADAR SENSOR TECHNOLOGIES 30 March 24, 2017 Autoliv General Presentation 2017

Technology Leadership 2016 Central ADAS ECU 2015 Front-position, Side-looking Radar* 2013 Bag-in-belt / Night Vision Fusion* / Mono Vision Camera / AEB Radar* 2012 Pedestrian airbag* / Dynamic Spot Light*/ Animal detection system* / Green airbag inflator 2011 Camera-based Advanced Driver Assistance System 2010 Seatbelt Locking tongue* 2008 Integrated safety electronics* / Pedestrian detection system* 2007 Multi-volume cushion airbag* 2006 Safety Vent bag* 2005 Night vision system / Pedestrian protection hood* 2004 Fixed hub steering wheel* 2002 Anti-sliding bag* / Adaptive load limiter* 1998 Side curtain airbag*/ Anti-whiplash seat* 1997 Side airbag for head protection* 1995 Knee airbag* / Seatbelt load limiter* 1994 Side thorax bag* 1992 Steering wheel with integrated sensor 1989 Seatbelt with buckle pretensioner* 1986 Belt grabber* 1980 Airbag production 1956 Seatbelt production * World s first 31 March 24, 2017 Autoliv General Presentation 2017

Technology Leadership through early lead-to-market and intellectual property Customer World s Firsts where Autoliv has contributed; Daimler Side-looking radar (2015) Mercedes Sensor Fusion NIR/FIR for night driving assist (2013) Volvo External pedestrian protection airbag (2012) BMW Pedestrian warning for night driving (2008) Ford Integrated inertia motion control ECU into the airbag ECU (2008) Renault Adaptive Multi-Volume cushion airbag (2007) Chrysler Safety-Vent passenger airbag (2006) Jaguar Pedestrian protection pop-up hood (2005) BMW Seatbelts with adaptive load limiters (2002) Renault First company to receive Five Stars in the EuroNCAP (2002) Ford Integrated gyro-rollover sensor into the airbag ECU (2002) Volvo and Mercedes Side curtain airbags (1998) BMW Side airbags for head protection (1997) Kia Knee airbags(1995) Volvo Side airbags (1994) Volvo Pretensioner (1989) 32 March 24, 2017 Autoliv General Presentation 2017

Our Market 33 March 24, 2017 Autoliv General Presentation 2017

Our Global Passive Market Statistically, there were more than 1.5 airbags and seatbelts from Autoliv in every vehicle produced globally, despite many vehicles not having airbags 39% OF GLOBAL PASSIVE SAFETY* MARKET SHARE 149 MILLION SEATBELTS 146 MILLION AIRBAGS * Airbag, steering wheel, seatbelt 34 March 24, 2017 Autoliv General Presentation 2017

Market Shares 2016 Global Safety Market Share by Product Autoliv s share Market share by Product Market share by Region 1) Overall Passive Safety 1) 39% Global 39% Seatbelts Europe Airbags Americas Steering Wheels Japan Passive Safety Electronics China Active Safety Sensors 2) Rest of Asia 0% 20% 40% 60% 0% 20% 40% 60% 1) Airbags, steering wheels, seatbelts. 2) Radars, night vision, front view mono and stereo vision cameras, ADAS ECU s 35 March 24, 2017 Autoliv General Presentation 2017

Light Vehicle Production Outlook 2006 thru 2019 Million Units 120 100 ~96M ~ 90M 80 ~ 74M 23 29 Other 60 ~ 65M 18 24 ~40M 26 28 ~57M China Growth Markets 1) 40 6 11 16 8 9 8 Japan 20 16 14 ~34M 15 14 ~39M Western Europe Developed Markets 14 12 17 17 North America 0 2006 2011 2016 2019 1) Growth Markets (Eastern Europe, China, Rest of Asia, South America, Middle East/Africa). Source: IHS January 16, 2017 36 March 24, 2017 Autoliv General Presentation 2017

Growth Drivers by Region 1) US$ (Billions) 40 35 30 ~ 27B CAGR ~ 8% ~ 34B 6,5 Other CAGR ~ 8% 25 5,1 6,5 China CAGR ~ 8% Growth Markets 2) 20 5,2 4,0 Japan CAGR ~ 4% 15 10 5 3,5 5,1 8,3 6,5 10,5 Western Europe CAGR ~ 8% North America CAGR ~ 9% Developed Markets 0 2016 2019 1) Company estimates. Includes seatbelts, airbags, steering wheels, radars, night vision, front view mono and stereo vision cameras, ADAS ECU s, airbag control modules and remote sensing units. 2) Growth Markets (Eastern Europe, China, Rest of Asia, South America, Middle East/Africa). CAGR = Compound Annual Growth Rate 37 March 24, 2017 Autoliv General Presentation 2017

Growth Drivers by Segment 1) US$ (Billions) 40 35 CAGR ~ 8% ~ 34B 30 ~ 27B 12,0 Electronics CAGR ~15-20% 25 7,5 20 15 10 19,7 22,0 Passive Safety CAGR ~4% 5 0 2016 2019 1) Company estimates. Includes seatbelts, airbags, steering wheels, radars, night vision, front view mono and stereo vision cameras, ADAS ECU s, airbag control modules and remote sensing units. CAGR = Compound Annual Growth Rate 38 March 24, 2017 Autoliv General Presentation 2017

Seatbelts Airbags Steering Wheels Electronics Brake Systems Superior Global Presence Long-term expansion in growth markets Headcount 80 000 70 000 Autoliv Manufacturing Facilities North America South America Europe Japan China Korea India Asia other 60 000 50 000 40 000 30 000 20 000 10 000 0 2006 2016 Best Cost Countries High Cost Countries 39 March 24, 2017 Autoliv General Presentation 2017

Superior Global Presence All Major Vehicle Manufacturers 40 March 24, 2017 Autoliv General Presentation 2017

Significant Launches in 2016 Mercedes E-Class Driver airbag with steering wheel, passenger airbag, knee airbag, seatbelt with pretensioner and bag-in-belt, ADAS control unit, radar system and camera system. Honda CR-V Radar system, brake control system and seatbelt with pretensioner. Ford F-Series Super Duty Side airbag, inflatable curtain, positioning system and safety electronics. Volvo S90/V90 Driver airbag with steering wheel, inflatable curtain, active seatbelt with pretensioner, safety electronics and cable cutter. Honda Freed Driver airbag with steering wheel, seatbelt with pretensioner and brake control system. Mazda 3/Axela Driver airbag with steering wheel, passenger airbag, side airbag, inflatable curtain and safety electronics. Toyota CH-R Driver airbag with steering wheel, side airbag, inflatable curtain and seatbelt with pretensioner. BMW 5 Series Driver airbag with steering wheel, passenger airbag, seatbelt with pretensioner, night vision system and cable cutter. Chrysler Pacifica Driver airbag, inflatable curtain, knee airbag, seatbelt with pretensioner and radar system. 41 March 24, 2017 Autoliv General Presentation 2017

Autoliv Production Volumes 2016 Million Units 160 140 Knee 120 100 80 Without pretensioners Head Chest Global Light Vehicle Production 60 40 20 With pretensioners Front 0 Seatbelt Airbag Steering Wheel ECU 42 March 24, 2017 Autoliv General Presentation 2017

Direct Labor Cost per Country YTD 2016 Sweden France Germany US Canada South Korea Spain Japan Estonia Brazil Hungary Taiwan Poland Turkey China Romania South Africa Indonesia Mexico Thailand India Tunisia Phillipines 4 6 6 14 13 12 10 10 9 18 25 23 23 21 21 60 58 67 65 75 87 87 100 43 March 24, 2017 Autoliv General Presentation 2017

Our Employees 44 March 24, 2017 Autoliv General Presentation 2017

The Success of Our People In a highly competitive and rapidly changing environment we rely on the skills of our people to be able to adapt quickly and find ways to meet our customers needs and create shareholder value. 45 March 24, 2017 Autoliv General Presentation 2017

Our Human Resources Headcount 80 000 70 000 SG&A 60 000 50 000 RD&E 40 000 30 000 Production - indirect 20 000 10 000 Production - direct 0 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 46 March 24, 2017 Autoliv General Presentation 2017

Well Balanced Workforce 47 March 24, 2017 Autoliv General Presentation 2017

Financials & Statistics 48 March 24, 2017 Autoliv General Presentation 2017

Autoliv s Targets Organic Sales* 9% 8% 7% 6% 5% 4% 3% In 2016, Autoliv's organic sales increased by 7%, compared to our underlying automotive safety market that grew by 8%. Sales growth was particularly strong in China and Europe, which grew by 14% and 10%, respectively, partly due to Electronics. 2% 1% 0% 2012 2013 2014 2015 2016 Automotive Safety Market Growth, % Organic Sales growth, % * Non-U.S. GAAP measure, please refer to our 2016 Annual Report for reconciliation. 49 March 24, 2017 Autoliv General Presentation 2017

Autoliv s Targets Leverage ratio* 2 1,5 1 Our target ratio is around one time, within a range of 0.5 to 1.5 times. By the end of 2016, Autoliv had a net debt of $313 million. The leverage ratio was 0.4. There were no share repurchases made during 2016. 0,5 0 2012 2013 2014 2015 2016 Target range Long-term Target * Non-U.S. GAAP measure, please refer to our 2016 Annual Report for reconciliation. 50 March 24, 2017 Autoliv General Presentation 2017

Autoliv s Targets Operating margin* 10% 9% 8% 7% 6% 5% 4% 3% Autoliv achieved an adjusted operating margin of 8.5% in 2016, within our long-term target range. This was achieved despite higher R,D&E, net, and other costs related to investments for capacity and growth as well as acquisition effects. 2% 1% 0% 2012 2013 2014 2015 2016 Target range * Non-U.S. GAAP measure, please refer to our 2016 Annual Report for reconciliation. 51 March 24, 2017 Autoliv General Presentation 2017

Autoliv s Targets Earnings per Share* In 2016, adjusted EPS (excluding antitrust related costs) grew by 11%, which was approximately 4 percentage points better than the organic sales increase. The operating profit and the number of outstanding shares were higher than prior year. The increase in EPS was mainly driven by lower costs for capacity alignments. * Non-U.S. GAAP measure, please refer to our 2016 Annual Report for reconciliation. 52 March 24, 2017 Autoliv General Presentation 2017

Strong Organic Sales Growth US$ (Millions) 12 000 10 000 8 000 6 000 4 000 Europe Americas In 2016, consolidated sales were $10,074 million. Excluding negative currency translation effects and positive M&A effects from our recent acquisition, Autoliv grew 7% organically, making it the seventh consecutive year with organic sales growth.* 2 000 Asia - 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 * Non-U.S. GAAP measure, please refer to our 2016 Annual Report for reconciliation. 53 March 24, 2017 Autoliv General Presentation 2017

Active Safety Adoption Million units Models 11 10 9 8 7 6 5 4 3 2 1 220 200 180 160 140 120 100 80 60 40 20 The rapid adoption of Active Safety continues. In 2016 we shipped ~32% more AS units than in 2015. Organic sales grew by 16%, and we delivered Active Safety products to more than 160 different vehicle models.* 0 2012 2013 2014 2015 2016 0 No. of units No. of vehicle models * Non-U.S. GAAP measure, please refer to our 2016 Annual Report for reconciliation. 54 March 24, 2017 Autoliv General Presentation 2017

Investing for Growth US$ (Millions) % 500 5 400 300 200 100 4 Our capital expenditure, net in 2016, was 4.9% of overall sales or $499 million. Investments in production capacity to support further growth, vertical integration and inflator replacement business continued. Major investments were mainly made in Europe, North America, China and Active Safety. 0 2012 2013 2014 2015 2016 Capex, net % of sales, net 3 55 March 24, 2017 Autoliv General Presentation 2017

Shareholder Returns US$ (Millions) 900 800 700 600 500 400 In 2016 Autoliv returned a total of $203 million to shareholders through regular dividends. There were no share repurchases in 2016. 300 200 100 0 2012 2013 2014 2015 2016 Dividend Share Buybacks 56 March 24, 2017 Autoliv General Presentation 2017

Cash Flow vs. Capital Expenditures 1000 900 800 700 600 500 400 300 200 100 0 2012 2013 2014 2015 2016 Cash flow from operations Capital expenditures, net 57 March 24, 2017 Autoliv General Presentation 2017

Capital Expenditures, net vs. D&A US$ (Millions) 500 % 6 400 5 300 4 3 200 2 100 1 0 2012 2013 2014 2015 2016 Depreciation & Amortization Capital Expenditures, net Capex % of Sales 0 58 March 24, 2017 Autoliv General Presentation 2017

Capital Turnover Rate 1) Times 2,8 2,6 2,4 2,2 2,0 1,8 1,6 1,4 1,2 1,0 2012 2013 2014 2015 2016 1) Sales in relation to average capital employed 59 March 24, 2017 Autoliv General Presentation 2017

Net Sales and Light Vehicle Production US$ (Millions) Units (Millions) 11 000 10 000 9 000 80 83 85 86 90 100 90 80 8 000 7 000 6 000 5 000 4 000 3 000 8 267 8 803 9 240 9 170 10 074 70 60 50 40 30 2 000 20 1 000 10 0 2012 2013 2014 2015 2016 0 Consolidated sales Global light vehicle production (LVP) Source: IHS @ January 16, 2017 60 March 24, 2017 Autoliv General Presentation 2017

Autoliv s Targets Target= 1,000 (end of 2016) 2 000 1 800 Numbers of Suppliers 1 600 1 400 1 200 1 000 1490 1403 1248 1) 1119 1) 1010 1,2) Target 800 600 400 200 0 2012 2013 2014 2015 2016 1) From 2014, the count excludes spare or service part suppliers. The General Purchasing Conditions, GPC, commit suppliers to provide parts for 15 years after end of production. 2) Excluding the ANBS joint venture supply base. 61 March 24, 2017 Autoliv General Presentation 2017

Productivity Improvement Direct labor productivity measured in LMPU (labor minutes per produced unit). Target= at least 5% reduction in LMPU 7,0% 6,5% 6,0% 5,5% 5,0% 6,1% 6,2% 6,2% 6,4% 6.7% Target 4,5% 4,0% 3,5% 3,0% 2,5% 2,0% 1,5% 1,0% 0,5% 0,0% 2012 2013 2014 2015 2016 62 March 24, 2017 Autoliv General Presentation 2017

Each year, Autoliv s products save over 30,000 lives autoliv.com