STOCKHOLM,April 16,2025 -- Autoliv,Inc. (NYSE: ALV) (SSE: ALIVsdb),was named a 2025 Automotive News PACE Pilot Innovation to Watch at the awards ceremony on April 15,2025,in Michigan,US. The recognition acknowledges post-pilot,pre-commercial innovations in the automotive and future mobility space.

Autoliv was recognized for The Bernoulli™ Airbag Module,which is a revolutionary passenger airbag system based on Bernoulli's principle of fluid dynamics. This innovation allows for the inflation of larger airbags more efficiently,using a smaller single-stage inflator. It is designed to meet the needs of today's cutting edge mobility solutions with roomier interiors and comfort seating. The Bernoulli Airbag Module addresses the challenge of inflating large airbags quickly and safely,reducing heat generation and development costs by over 30%. This advancement is crucial for enhancing vehicle safety and reducing the severity of injuries in crashes.

"We are thrilled to receive the PACE Pilot recognition for our Bernoulli Airbag Module," saidFabienDumont,Executive Vice President & Chief Technology Officer at Autoliv. "This acknowledgment underscores our commitment to innovation and safety. The PACE Pilot recognition will undoubtedly enhance the visibility and success of this groundbreaking technology,paving the way for safer and more efficient vehicles in the future,ultimately saving more lives."

The 5th annual PACE Pilot program was presented by Automotive News. The competition was open to suppliers and startups that invented products,software/IT systems or processes and idea incubators that have the capacity to transform the automotive industry. The Automotive News PACE Pilot program is leading the way in distinguishing global emerging innovators.

Autoliv earned an Automotive News PACE Pilot recognition following an extensive review by an independent panel of judges including a comprehensive written application and a virtual pitch session.

For full details on the Automotive News PACE program,visit www.autonews.com/awards/pace.

Inquiries:

Media: media@autoliv.com

Emelie Ericson,Tel +46 70 957 81 35,Gabriella Etemad,Tel +46 70 612 64 24

Investors & Analysts: ir@autoliv.com

Anders Trapp,Tel +46 709 578171,Henrik Kaar,Tel +46 709 578114

About Autoliv

Autoliv,Inc. (NYSE: ALV; Nasdaq Stockholm: ALIV.sdb) is the worldwide leader in automotive safety systems. Through our group companies,we develop,manufacture and market protective systems,such as airbags,seatbelts,and steering wheels for all major automotive manufacturers in the world,as well as mobility safety solutions,such as commercial vehicles and electrical safety solutions. At Autoliv,we challenge and re-define the standards of mobility safety to sustainably deliver leading solutions. In 2024,our products saved approximately 37,000 lives and reduced around 600,000 injuries.

We have operations in 25 countries,and we drive innovation,research,and development at our 13 technical centers. Our 65,000 employees are passionate about our vision of Saving More Lives and quality is at the heart of everything we do. Sales in 2024 amounted to $10.4 billion. For more information go towww.autoliv.com.

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https://news.cision.com/autoliv/r/autoliv-receives-2025-automotive-news-pace-pilot-recognition,c4136860

The following files are available for download:

https://mb.cision.com/Main/751/4136860/3393899.pdf

ALV_Press release Pace Pilot

https://news.cision.com/autoliv/i/automotive-news-pace-award-ceremony,c3399893

Automotive News PACE Award Ceremony

https://news.cision.com/autoliv/i/alv-bernoulli-airbag,c3399897

ALV Bernoulli Airbag