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Investor Presentaiton

SUCCESSFUL BUSINESS TRANSFORMATION... 2015 XC90 2016 2017 2018 S90 XC60 S60 SPA V90/V90CC SPA XC40 V60/V60CC S90L Portfolio age (years) Modular Architecture SPA 3.0 Scalable Product Architecture (SPA) CMA SPA 2.5 2.4 Modular Powertrain Consolidation of separate engine architectures into one Models: 60/90 Series Scale: Volvo 550' units Compact Modular Architecture (CMA) Models: 40 Series Outputs from 122 to >400bhp (in combination with an electric motor) while reducing number of cylinders • Modular design allows high component commonality Reducing complexity in development and maintenance as well as increasing efficiencies in production Scale: Volvo 250' units 2019-2021 New Launches XC40 BEV XC90 BEV DRIVE-E Collaboration with Geely also facilities engine sales within the wider Geely Group PHEV T8 Petrol 3-4 cvl Diesel 4 cvl twin engine Non-complex and Fully Invested Base Modular Architecture Driving Cost Efficiencies and Rapid Product Renewals | VOLVO CARS - DEBT INVESTOR PRESENTATION | 5
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