Electrolux Professional — Share Issue/Capital Change 2021

Oct 29, 2021

Electrolux PROFESSIONAL

Press release

October 29, 2021

Conversion of shares in Electrolux Professional

According to the articles of association of Electrolux Professional AB (publ), 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 October 2021, 600 Series A shares were converted to Series B shares at the request of the shareholders, following which the total number of voting rights in the company amounts to 35,983,501.2.

The total number of registered shares in the company amount to 287,397,450 of which 8,048,618 are Series A and 279,348,832 are Series B.

This information is information that Electrolux Professional AB (publ) is obliged to make public pursuant to the Financial Instruments Trading Act. The information was submitted for publication, through the agency of the contact person below, at 17:30 pm. CET October 29, 2021.

For further information, please contact Jacob Broberg, Senior Vice President Investor Relations and Communications +46 70 190 00 33

About Electrolux Professional

Electrolux Professional is one of the leading global providers of food service, beverage and laundry for professional users. Our innovative products and worldwide service network make our customers' work-life easier, more profitable - and truly sustainable every day. Our solutions and products are manufactured in 11 plants in seven countries and sold in over 110 countries. In 2020, Electrolux Professional had global sales of SEK 7,3bn and approximately 3,500 employees. Electrolux Professional's B-shares are listed at Nasdaq Stockholm. For more information, visit https://www.electroluxprofessional.com/corporate

Electrolux Professional AB (publ)

Reg no: 556003-0354

Postal and visiting address:

Franzengatan 6, SE-112 51 Stockholm

Telephone: +46 8 41056450