Conversion of shares in Electrolux

STOCKHOLM,Feb. 28,2022 -- According to AB Electrolux articles of association,owners of Series A shares are entitled to request that such shares are converted to Series B shares. Conversion reduces the total number of votes in the company.

During February 2022,150 Series A shares were at the request of shareholders converted to Series B shares,following which the total number of votes amounts to 38,265,144.

The total number of registered shares in the company amounts to 308,920,308 shares,of which 8,192,348 are Series A shares and 300,727,960 are Series B shares.

CONTACT:

For further information,please contact Electrolux Press Hotline,+46 8657 6507.

This is information that AB Electrolux is obliged to make public pursuant to the Financial Instruments Trading Act. The information was submitted for publication at 08.00 CET on February 28,2022.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/electrolux/r/conversion-of-shares-in-electrolux,c3515332

The following files are available for download:

https://mb.cision.com/Main/1853/3515332/1541676.pdf

PR_Conversion of shares