Information regarding Annual General Meeting

Volvo's Election Committee
The following persons are members of Volvo’s Election Committee:
Carl-Olof By  Chairman of the Election Committee, AB Industrivärden
Jean-Baptiste Duzan  Renault s.a.s.
Lars Förberg Violet Partners LP
Håkan Sandberg Handelsbanken SHB Pension Fund, SHB Pensionskassa, SHB Employee Fund and Oktogonen
Carl-Henric Svanberg  Chairman of the AB Volvo Board

Among other duties, the Election Committee is responsible for submitting to the Annual General Meeting proposals for candidates to serve as members of the Board of Directors and Chairman of the Board and proposal for auditors if applicable. The Committee also proposes the amount of the fees to be paid to the holders of these positions.