Significant events during 2012

• On January 1, 2012,  the implementation of a new, more functional oriented organizational structure for the Volvo Group was initiated.
• At the Annual General Meeting held on April 4, 2012, Carl-Henric Svanberg was appointed new Chairman of the AB Volvo Board.
• In December 2012, Renault s.a.s. divested its holding of Volvo shares and, in connection therewith, converted a large number of series A shares to series B shares, entailing that the total number of votes in the company declined.