Volvo Group Fourth Quarter 2021 Electrification and Financial Report

Trucks HD/MD: Quarterly Orders -18% and Deliveries +20% NORTH AMERICA EUROPE 0 Orders Deliveries Orders Deliveries Q4 Q1 Q2 Q3 2019 Q4 Q1 Q2 Q3 Q4 2020 2021 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 2019 2020 2021 Orders -33% Deliveries +29% Orders -12% Deliveries +18% SOUTH AMERICA ASIA AFRICA AND OCEANIA Orders Deliveries Orders Deliveries Q4 2019 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 2020 2021 Q4 2019 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 2020 2021 Q4 2019 Q1 Q2 Orders -16% Deliveries +41% Orders +3% Deliveries +20% Volvo Group Fourth Quarter 2021 Orders Deliveries Q3 Q4 Q1 Q2 Q3 Q4 2020 2021 Orders -1% Deliveries -13% Figures restated for UD Trucks divestment 2022-01-28 9

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