Autoliv, Inc. appointed Gustav Lundgren to the Board of Directors, replacing Min Liu who resigned. Gustav Lundgren is a partner of Cevian Capital, a 9.99% stockholder of the Company. Mr. Lundgren replaces Min Liu, Cevian's previously designated director, who resigned from the Autoliv, Inc. Board of Directors on August 18, 2022.

The Board has determined that Gustav Lundgren is an independent director and has appointed him as a member of the Audit and Risk Committee. Gustav Lundgren joined Cevian in 2006. He holds a Master of Science in Economics and Business Administration from the Stockholm School of Economics.

He is a Swedish citizen and is based in Stockholm.