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AB Volvo Announces Changes to Share Vote Structure

In a recent update on their shareholder structure, AB Volvo has reported alterations to its voting mechanism due to the conversion of 195 Series A shares into an equal number of Series B shares. This significant change allows for a broader distribution of voting power among shareholders—a move that aligns with regulations introduced during the 2011 Annual General Meeting.

As of August 31, 2026, the company's total registered share count stands at an impressive 2,033,452,084. This total consists of 440,743,116 Series A shares and a large majority of 1,592,708,968 Series B shares. Such a restructuring aims to enhance shareholder engagement and governance during company decisions.

With these alterations, the cumulative voting power in AB Volvo now totals 600,014,012.80 based on the current registered shares. This change reflects the organization's ongoing commitment to maintaining transparency and fairness in its corporate governance structure.

The option for Series A shareholders to convert to Series B shares was firmly embedded in AB Volvo’s corporate policies, previously detailed at the 2011 Annual General Meeting. These provisions are crucial for accommodating the evolving needs of its diverse shareholder base, thus fostering a democratic approach to voting and decision-making within the enterprise.

Based in Gothenburg, Sweden, AB Volvo exemplifies a forward-thinking approach in the transport and infrastructure sector, continually focusing on sustainability and innovation. The company operates in nearly 180 markets globally and serves a wide range of clients by providing trucks, buses, construction machinery, and energy solutions.

With nearly 100,000 employees worldwide, the Volvo Group recorded substantial net sales of SEK 479 billion (approximately EUR 43 billion) in 2025, showcasing its strong market presence and operational prowess in the automotive industry.

In conclusion, these recent developments at AB Volvo not only reflect a significant step towards enhancing shareholder representation but also reinforce the company's steadfast commitment to adapting its governance strategy in line with modern business practices. Stakeholders can anticipate ongoing improvements as the company continues to thrive in a competitive landscape, driving the future of sustainable transport solutions and infrastructure services.

For further inquiries or detailed information, journalists and interested parties are encouraged to reach out to Claes Eliasson, the Head of Media Relations at AB Volvo, at the provided contact number.