Epiroc

Declaration of Voting Results & Voting Rights Announcements • May 31, 2021

Press release from Epiroc AB May 31, 2021

Temporary change in the number of shares and votes in Epiroc AB

Stockholm, Sweden: During May 2021, the number of outstanding shares in Epiroc AB increased from 1 213 738 703 to 2 427 477 406 and the number of votes from 862 763 138.9 to 1 725 526 277.8. The change is the result of the 2:1 share split resolved by the Annual General Meeting on April 28, 2021, which meant that each existing share (irrespective of the series of shares) was divided into two shares, of which one is a redemption share.

Following the split, there are 1 647 531 708 series A shares in the company and 779 945 698 series B shares.

The redemption shares resulting from the share split will under the resolution by the general meeting automatically be redeemed by the company for SEK 3.00 per share. Trading in the redemption shares began on Nasdaq Stockholm on May 19, 2021, and will continue up to and including June 2, 2021.

Record day for the share split was May 17, 2021. Payment of the redemption amount, SEK 3.00 per redemption share, will be done on or about June 11, 2021.

The number of shares and votes in Epiroc AB will then revert to the original number, i.e. 1 213 738 703 shares and 862 763 138.9 votes.

For more information please contact: Karin Larsson, Vice President Investor Relations +46 10 755 0106 ir@epiroc.com Ola Kinnander, Media Relations Manager +46 70 347 2455 media@epiroc.com

This information is information that Epiroc AB is obliged to make public pursuant to the Financial Instruments Trading Act. The information was submitted for publication at 08.40 am CEST on May 31, 2021.

Epiroc is a vital part of a sustainable society and a global productivity partner for mining and infrastructure customers. With ground-breaking technology, Epiroc develops and provides innovative and safe equipment, such as drill rigs, rock excavation and construction equipment and tools for surface and underground applications. The company also offers world-class service and other aftermarket support as well as solutions for automation, digitalization and electrification. Epiroc is based in Stockholm, Sweden, had revenues of SEK 36 billion in 2020, and has 14 000 passionate employees supporting and collaborating with customers in about 150 countries. Learn more at www.epirocgroup.com.

Epiroc Group Center

Epiroc AB Box 4015 SE-131 04 Nacka Sweden

Visitors' address: Sickla Industriväg 19 Nacka Sweden

Telephone: +46 10 755 0000 epirocgroup.com

Reg. No: 556041-2149 Reg. Office: Nacka, Sweden