#Sweden #Gothenburg #Nasdaq Stockholm #AB SKF #SKF Vertevo

SKF Vertevo Share Distribution and Listing Overview

In a significant development for shareholders and the investment community, AB SKF held an Extraordinary General Meeting on October 1, 2026, where it was decided to distribute all shares of its fully-owned subsidiary, SKF Vertevo AB. This pivotal decision directly impacts SKF's shareholders, granting them a noticeable stake in the new entity.

The Board of Directors of SKF has set the record date for this distribution to be November 27, 2026, a move aimed at seamlessly transitioning the shares to current shareholders of SKF. On December 1, 2026, trading of SKF Vertevo shares is planned to commence on Nasdaq Stockholm, signifying an essential step in expanding market opportunities for both investors and SKF itself.

The Swedish Financial Supervisory Authority has already granted approval for the prospectus related to these shares, which has been made available on SKF’s official website as well as on SKF Vertevo's dedicated site. This level of transparency is fundamental as it aligns with regulatory expectations and assures shareholders of the integrity of the transaction.

What to Expect from the Share Distribution

Under this distribution framework, shareholders will observe a conversion mechanism when eligible. Specifically, every five shares of Series A held in SKF will entitle the holder to one share of Series A in SKF Vertevo. Similarly, five shares of Series B in SKF will allow shareholders to claim one share of Series B in the new company. This detailed structuring is designed to maintain equity and fairness in the distribution process.

In circumstances where a shareholder’s total is not evenly divisible by five, any fractional share will be consolidated. This collection of fractional shares from various shareholders will transform into whole shares of SKF Vertevo, which will then be sold on Nasdaq Stockholm and the resultant proceeds distributed back to those shareholders via the Euroclear system.

Shareholders, in order to secure their new shares in SKF Vertevo, simply need to be registered as SKF equity holders by the set record date—essentially minimizing any additional steps or complications in the process. The deadline for trading SKF shares, with the right to obtain shares in SKF Vertevo, will be on November 25, 2026. After this date, shares will be sold without the associated rights to receive the new shares.

Important Dates to Remember

A schedule summarizing crucial upcoming dates includes:

• - November 17, 2026: Capital Markets Day dedicated to SKF Vertevo.
• - November 25, 2026: Last trading day for SKF shares with distribution rights for SKF Vertevo.
• - November 26, 2026: Transition to trading SKF shares without the right to obtain SKF Vertevo shares.
• - November 27, 2026: Official record day for the share distribution.
• - December 1, 2026: Anticipated start of trading for SKF Vertevo shares on Nasdaq Stockholm.

This strategic development aligns with SKF’s long-term vision of enhancing shareholder value while ensuring that they remain engaged with the burgeoning growth of SKF Vertevo. The transition not only facilitates targeted growth but also signifies SKF’s confidence in the operational capabilities and market potential of its subsidiary.

As we move closer to November 2026, all eyes will be on the developments related to SKF Vertevo, with stakeholders in both companies eagerly awaiting these transformative steps in ownership and market presence. For ongoing updates, investors and interested parties should refer to SKF’s official communications and the specific pages dedicated to SKF Vertevo.

For any inquiries, SKF representatives are available to provide clarity on this strategic move and any anticipated impacts on share value and market performance.