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Investor Presentaiton

3. TRULY GLOBAL HIGHLY FLEXIBLE MANUFACTURING NETWORK WITH UNIQUE CHINA POSITION Global Presence Why Volvo Car Group Is Uniquely Positioned in China Only fully integrated global car group in China Enabled VCG to move fast (3 plants in 4 years) Unique JV setup Production R&D Units Sold By Region Global Employee Base FY 2018 FY 2018 2% 15% Europe Europe¹ 15% China 19% 50% US Other China US 75% Other 20% 43k FTEs 642k units Note: 1) Whereof Sweden represents 57% of total FTEs Parent with track record of creating strong brands in China Sales still outgrowing the premium car market Well Diversified Manufacturing Footprint • 2019 installed global capacity provides flexibility and all regions SPA platform compatible: Charleston 75k Gothenburg 300k Ghent 225k Chengdu 150k - Daqing 75k - Luqiao 45k | VOLVO CARS - DEBT INVESTOR PRESENTATION | 15
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