Electrolux — AGM Information 2021

Aug 27, 2021

Press Release

For further information, please contact:

Electrolux Press Hotline + 46 8 657 65 07

Bulletin from AB Electrolux Extraordinary General Meeting

Stockholm, Sweden, August 27, 2021

Due to the risk of the spread of COVID-19 and the authorities' regulations and advice the Extraordinary General Meeting ("EGM") was carried out solely through advance voting (so-called postal voting) pursuant to temporary legislation.

The EGM resolved on an automatic share redemption procedure, including a 2:1 share split, a reduction of the share capital by redemption of shares, and an increase of the share capital by way of a bonus issue. The procedure means that a total of SEK 4,886 m will be distributed to the shareholders, which corresponds to SEK 17.00 per share.

The record date for share split and receipt of redemption shares will be October 5, 2021. Trading in the redemption shares is estimated to take place as from October 6, 2021 up to October 22, 2021. The record date for receiving the redemption amount will be October 25, 2021, whereby payment of the redemption amount is expected to be executed by Euroclear Sweden on October 28, 2021.

Full details on the proposals adopted by the EGM can be downloaded here.

AB Electrolux St. Göransgatan 143 SE—105 45 Stockholm Sweden + 46 8 738 60 00 phone

www.electroluxgroup.com

Vat No: SE66300000098901 Reg No: 556009—4178

Electrolux is a leading global appliance company that has shaped living for the better for more than 100 years. We reinvent taste, care and wellbeing experiences for millions of people, always striving to be at the forefront of sustainability in society through our solutions and operations. Under our brands, including Electrolux, AEG and Frigidaire, we sell approximately 60 million household products in approximately 120 markets every year. In 2020 Electrolux had sales of SEK 116 billion and employed 48,000 people around the world. For more information go to www.electroluxgroup.com.