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

AB SKF Announces Changes in Share Votes

GOTHENBURG, Sweden – In a recent announcement dated September 30, 2026, AB SKF confirmed notable changes in the composition of its shares and the total number of votes. This update follows the company's adherence to its Articles of Association, which stipulates the conversion process of shares from Series A to Series B.

As of September 30, 2026, AB SKF's share structure consists of a total of 455,351,068 shares. Of these, 28,918,068 shares are classified as Series A shares, while a majority, 426,433,000 shares, belong to Series B. The impact of this transition is evident as the overall voting power within the company now stands at 71,561,368 votes.

It’s important to note that AB SKF does not currently hold any of its own shares, which adds an interesting dimension to the company’s voting landscape. The conversions not only reflect internal restructuring but also position AB SKF strategically for future corporate governance and decision-making processes.

The conversion from Series A to Series B shares is in line with AB SKF's strategy to adapt its capital structure and enhance its operational efficiency. This move is expected to bring about increased engagement from shareholders and stakeholders alike as the company seeks to elevate its governance and accountability standards.

Such changes are vital for maintaining transparency and aligning the interests of the company's management with those of its shareholders. With the updated voting power, AB SKF aims to strengthen its commitment to corporate governance principles and enable better decision-making processes moving forward.

Moreover, this announcement is part of AB SKF's obligations under the Financial Instruments Trading Act, which mandates public disclosure of significant changes in shareholding and voting power. The information was made publicly accessible on September 30, 2026, at 06:30 CEST.

For further inquiries, investors and interested parties may reach out to:

• - Press Relations: Carl Bjernstam at +46 31-337 2517 or +46 722 201 893, or via email at [email protected].
• - Investor Relations: Sophie Arnius at +46 31-337 8072 or +46 705 908 072, or through [email protected].

This pivotal change marks a significant step for AB SKF as it navigates the complexities of shareholder dynamics and continues to work towards enhancing its governance framework. The company remains committed to maintaining an open line of communication with stakeholders, ensuring that they are kept informed of any future developments that may affect their investment decisions.

Conclusion

In summary, AB SKF's adjustment in its share structure and voting rights not only reflects an organizational shift but also demonstrates the company's adaptive strategies in managing shareholder interests and corporate governance. As we look ahead, the implications of this change will certainly be felt across the firm and its relationships with stakeholders across the board. Stay tuned for further updates as AB SKF continues to evolve in the landscape of global manufacturing and technology markets.