Proposal for Board of Directors of AB Volvo

Press information from AB Volvo’s Election Committee

The Election Committee of AB Volvo proposes the re-election of the Chairman of the Board Pär Boman, as well as Board members Matti Alahuhta, Bo Annvik, Jan Carlson, Eric Elzvik, Martha Finn Brooks, Kurt Jofs, Martin Lundstedt, Kathryn V. Marinello, Martina Merz and Helena Stjernholm.

The Election Committee of AB Volvo comprises representatives of four of the company’s largest shareholders, who together represent approximately 16.4 percent of the shares and approximately 39.9 percent of the votes, and the Chairman of the Board Pär Boman. The members who represent the largest shareholders are Fredrik Persson (AB Industrivärden), Anders Oscarsson (AMF and AMF Funds), Carina Silberg (Alecta) and Anders Algotsson (AFA Insurance).

February 24, 2025

For further information, please contact:
Claes Eliasson, Head of Media Relations
+46 76 553 7229
[email protected]

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The Volvo Group drives prosperity through transport and infrastructure solutions, offering trucks, buses, construction equipment, power solutions for marine and industrial applications, financing and services that increase our customers’ uptime and productivity. Founded in 1927, the Volvo Group is committed to shaping the future landscape of sustainable transport and infrastructure solutions. The Volvo Group is headquartered in Gothenburg, Sweden, employs more than 100,000 people and serves customers in almost 190 markets. In 2024, net sales amounted to SEK 527 billion (EUR 46 billion). Volvo shares are listed on Nasdaq Stockholm.