#Sweden #Gothenburg #Series B #AB SKF #Series A

Announcement of Change in Total Voting Shares

On October 30, 2026, AB SKF, a leader in the industrial sector, publicly announced an important change regarding its total number of voting shares. This adjustment follows the conversion of shares from Series A to Series B, as stipulated in the company's Articles of Association. The company confirms that, as of the stated date, there are now a total of 455,351,068 shares issued by AB SKF.

Out of these, 28,918,058 shares belong to Series A, while a significant 426,433,010 shares are classified under Series B. With this realignment, the total number of votes in the company has been determined to be 71,561,359. Notably, AB SKF does not possess any of its own shares, maintaining transparency in its operations and shareholder structure.

Transparency and Compliance

This announcement is part of AB SKF's obligations under the Financial Instruments Trading Act, demonstrating the company’s commitment to compliance and investor relations transparency. The conversion of shares aims to streamline voting power and simplify the overall structure of shares within the company. As AB SKF continues to evolve, such adjustments are vital for maintaining effective governance and shareholder engagement.

Future Implications

The implications of share conversions like this can be significant for shareholders and potential investors alike. For existing shareholders, transitioning to a larger base of Series B shares may potentially alter the voting dynamics within the company's governance structure. While Series A shares typically possess more voting rights than Series B shares, this shift might indicate a move towards fostering greater inclusivity among shareholders in decision-making processes.

Contact Information

For further inquiries regarding this announcement or AB SKF's corporate governance, stakeholders can reach out to:

• - Press Relations: Carl Bjernstam

Phone: +46 31-337 2517
Mobile: +46 722 201 893
Email: [email protected]

• - Investor Relations: Sophie Arnius

Phone: +46 31-337 8072
Mobile: +46 705 908 072
Email: [email protected]

This information was initially made available on October 30, 2026, at 8:00 CET, demonstrating AB SKF's proactive approach to keeping its shareholders informed and engaged. As the company moves forward, stakeholders can expect ongoing updates regarding changes in share structures and voting rights, which are central to maintaining trust and clarity in the investment community.