Ericsson's Nomination Committee Appointed

STOCKHOLM,April 23,2020 -- Ericsson's (NASDAQ:ERIC) Nomination Committee for the Annual General Meeting 2021 has been appointed in accordance with the Instruction for the Nomination Committee resolved by the Annual General Meeting 2012.

The Nomination Committee consists of:

Johan Forssell,Investor AB;

Karl Åberg,AB Industrivärden and Svenska Handelsbankens Pensionsstiftelse;

Jonas Synnergren,Cevian Capital Partners Limited;

Anders Oscarsson,AMF - Försäkring och Fonder; and

Ronnie Leten,the Chair of the Board of Directors.

Johan Forssell is the Chair of the Nomination Committee.

Shareholders who wish to submit proposals to the Nomination Committee are welcome to contact the Nomination Committee. Proposals must be received in due time before the Annual General Meeting to ensure that the proposals can be considered by the Nomination Committee.

NOTES TO EDITORS:

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About Ericsson

Ericsson enables communications service providers to capture the full value of connectivity. The company's portfolio spans Networks,Digital Services,Managed Services,and Emerging Business and is designed to help our customers go digital,increase efficiency and find new revenue streams. Ericsson's investments in innovation have delivered the benefits of telephony and mobile broadband to billions of people around the world. The Ericsson stock is listed on Nasdaq Stockholm and on Nasdaq New York. www.ericsson.com

CONTACT THE NOMINATION COMMITTEE:

Telefonaktiebolaget LM Ericsson

The Nomination Committee

c/o The Board of Directors Secretariat

SE-164 83 Stockholm

Sweden

E-mail: nomination.committee@ericsson.com

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Ericsson’s Nomination Committee appointed