Industrivärden

Share Issue/Capital Change • Feb 1, 2017

The information was submitted for publication, through the agency by the Head of Corporate Communications and Sustainability stated below, at 10:00 a.m. CET on February 1, 2017.

PRESS RELEASE

Partial conversion of convertible bond

In January 2011 Industrivärden issued a six-year convertible bond worth EUR 550 M that will mature on February 27, 2017.

The conversion period for bondholders has ended and approximately 9% of the convertible bond, corresponding to 50.9 MEUR, will be converted to 2,868,606 new Class C shares. On January 31 the total number of outstanding shares before conversion were 432,341,271.

Stockholm, February 1, 2017

AB INDUSTRIVÄRDEN (publ)

For further information, please contact: Sverker Sivall, Head of Communication and Sustainability, tel. +46-8-666 64 00 Martin Hamner, CFO, tel. +46-8-666 64 00