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Investor Presentaiton

VOLVO CARS AT A GLANCE Overview . Fastest growing premium OEM • Standalone business with an own corporate • governance, under ownership of Zheijang Geely Holding Group since 2010 Global footprint with activities in EMEA, Asia-Pacific and the Americas • ~43,000 employees¹ • ~2,300 dealers selling in ~100 countries ● Headquartered in Gothenburg, Sweden FY18 Financial Highlights. SEK, % 253bn Premium Products PRICE New Price and New Premium Positioning Revenue 14.2bn Operating Income (EBIT) High Previous Price and Premium Positioning XC60 XC90 +21.1% Revenue increase +12.4% Retail Sales XC90 Classic XC40 V90 i XC60 Classic 642.3K Units 4.7bn Operating & Investing CF 18bn Net Cash position I V70 Low Low NEW PREMIUM High Number of Cars Sold Units '000 Note: CAGR: 8% 642 466 503 534 572 2015 2016 2017 2018 2014 1) Average 2018 employees Sales by Model - 2018 Diversified by model and increasing in SUVS The Volvo Car Group and Affiliates 642k units 15% VOLVO Care by Volvo 56% 29% SUV Estate Sedan M Polestar 2 LINK&C9 ZENUITY | VOLVO CARS - DEBT INVESTOR PRESENTATION | 7
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