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Electrolux Professional Share Issue/Capital Change 2023

May 31, 2023

2909_rns_2023-05-31_925d44b4-7b70-43b2-be6c-bbeeb1630ec9.pdf

Share Issue/Capital Change

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Electrolux Professional Group

Press release

May 31, 2023

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 May 2023, 10,499 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 35,968,554,9.

The total number of registered shares in the company amount to 287,397,450 of which 8,032,011 are Series A and 279,365,439 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 May 31, 2023.

For more information, please contact Jacob Broberg, Chief Communication & Investor Relations Officer +46 70 190 00 33

About the Electrolux Professional Group

The Electrolux Professional Group 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 12 plants in seven countries and sold in over 110 countries. In 2022, the Electrolux Professional Group had global sales of SEK 11bn and approximately 4,000 employees. Electrolux Professional's B-shares are listed at Nasdaq Stockholm. For more information, visit https://www.electroluxprofessionalgroupgroup.com

Electrolux Professional AB (publ)

REGISTERED OFFICE

TELEPHONE

WEB

ORGANIZATION NO.

Franzengatan 6

11251 Stockholm,

+46 8-41056450

www.electroluxprofessionalgroup.com

556003-0354