SAAB

M&A Activity • Feb 24, 2023

PRESS RELEASE

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Date Reference 24 February 2023 CU 23:008 E

Saab Receives Orders for Defence Equipment

Saab has signed a framework agreement with a Government of a Western country and received orders within the agreement for a number of defence systems. The total order value is approximately SEK 8 billion with deliveries planned 2023–2026.

The orders include Saab's Carl-Gustaf® multi-purpose shoulder launched weapon, the RBS 70 NG short-range air defence system and the Giraffe 1X radar.

Due to the nature of the industry, circumstances concerning the customer and national security interests, no further information regarding these orders or the customer will be provided.

"We are proud to provide the world-leading capabilities of Saab's product portfolio. With this order, we continue our commitment to keep people and society safe," says Saab's President and CEO Micael Johansson.

For further information, please contact:

Saab Press Centre, Mattias Rådström, Head of Media Relations +46 (0)734 180 018, presscentre@saabgroup.com

www.saab.com

Twitter: @Saab Facebook: @Saab LinkedIn: Saab Instagram: Saab

Saab is a leading defence and security company with an enduring mission, to help nations keep their people and society safe. Empowered by its 18,000 talented people, Saab constantly pushes the boundaries of technology to create a safer, more sustainable and more equitable world. Saab designs, manufactures and maintains advanced systems in aeronautics, weapons, command and control, sensors and underwater systems. Saab is headquartered in Sweden. It has major operations all over the world and is part of the domestic defence capability of several nations.

+46 (0)13 18 00 00 www.saab.com Linköping SE556036079301

Registered No 556036-0793

PRESS RELEASE

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The information is such that Saab AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, on 24 February 2023 at 08.00 (CET).

Saab AB (publ) Postal address Telephone Website Registered office VAT No SE-581 88 Linköping Sweden

+46 (0)13 18 00 00 www.saab.com Linköping SE556036079301

Registered No 556036-0793