As a result of Euroclear Sweden terminating its agreement to act as Withholding Agent, Autoliv, Inc. (NYSE: ALV) and (SSE: ALIVsdb) today announces that its Swedish Depository Receipts (SDRs) will be renamed as Autoliv, Inc. Swedish Depository Receipts (SDRs). The SDRs will receive a new ISIN[1] code as of February 29, 2024, with updated terms and conditions. Skandinaviska Enskilda Banken (SEB) will assume the role of Withholding Agent, in its capacity as the issuer of Autoliv Standard Depository Receipts.
Due to the fact that Euroclear Sweden is no longer the Withholding Agent, it is necessary to update the ISIN code in order for SEB to act as the new Withholding Agent.. From the date the new ISIN is effective, it will no longer be possible for Autoliv SDRs to be held as owner registered holdings in a CSD account with Euroclear Sweden (Swedish: VP konto) as of the day the new ISIN takes effect. In case an owner registered holding in a CSD account, (i) it is necessary to transfer such holdings to a custody account with a bank or securities institution acting as a nominee for Euroclear Sweden before February 29, 2024, or (ii) such Autoliv SDRs will automatically be converted to Autoliv Common Stock, which is denominated in U. Listed on the New York Stock Exchange, the company is traded in dollars. Holders of affected SDRs will receive separate information regarding this via mail from Computershare, but they will also have the option of retrieving information on Autoliv's website as outlined in the following paragraphs.
Holders of affected SDRs will receive separate information regarding this via mail from Computershare, but they will also have the option of retrieving information on Autoliv's website as outlined in the following paragraphs.
You should note that in order to be able to avoid being subject to so-called double taxation of future Autoliv dividends as an owner of Autoliv SDRs, your bank/custodian/nominee must be a Qualified Intermediary (QI) that has a tax agreement with the US Internal Revenue Service (IRS).. You will be charged higher US withholding tax on dividends if your bank/custodian/nominee does not have a QI tax agreement with the IRS, than if your bank/custodian/nominee has a QI agreement with the IRS. As a consequence, it is essential that you contact the bank/custodian/nominee that holds your SDRs to ensure that it has a QI agreement in place [2].
As a consequence, it is essential that you contact the bank/custodian/nominee that holds your SDRs to ensure that it has a QI agreement in place [2].
A new ISIN code will come into effect on February 29, 2024. The last day of trading for the current ISIN code is February 27, 2024. The first day of trading with the new ISIN code will take place on February 28, 2024 on Nasdaq Stockholm. It will not be possible to convert between Autoliv, Inc. Common Stock listed on the New York Stock Exchange and Autoliv SDRs during the period of February 26 through February 29, 2024.
There will be more information, including the updated terms and conditions, available on Autoliv's website (http://www.autoliv.com/investors/share/SAUDR) when it becomes available.
Requests for information: 
Investors and Analysts: Anders Trapp, tel +46 (0)8 587 206 71 Investors and Analysts: Henrik Kaar, tel +46 (0)8 587 206 14
An ISIN is a unique code that can be used to identify securities.
There is no tax advice being provided by the foregoing information. It is only intended to provide general information. In order to understand the specific tax consequences for each investor as a result of dividends, investors are encouraged to consult their own advisors, including the application and effect of U.S. and foreign tax laws.
Autoliv: a brief overview
Autoliv, Inc. (Autoliv, Inc.). The company is listed on the New York Stock Exchange as ALV (Nasdaq Stockholm: ALIV).(SDB) is one of the world's leading companies in the field of automotive safety systems.. The company's group companies are responsible for developing, manufacturing, and marketing protective systems, such as airbags, seatbelts, and steering wheels, for all major automotive manufacturers around the world, as well as mobility safety solutions, such as pedestrian safety solutions, connected safety services, and safety solutions for riders of a powered two wheeler.. With Autoliv, we are committed to challenging and redefining the standards of mobility safety to ensure that we are delivering leading solutions in a sustainable manner. Our products have saved close to 35,000 lives and reduced more than 450,000 injuries in 2022 as a result of our products
Our products have saved close to 35,000 lives and reduced more than 450,000 injuries in 2022 as a result of our products
Our close to 70,000 associates in 27 countries are passionate about our vision of Saving More Lives and quality is at the heart of everything we do. The 14 technical centers of Autoliv, with 20 test tracks, drive innovation, research, and development, generating US $ 8.8 billion in sales in 2022. To learn more about Autoliv, you should visit the website at www.autoliv.com.  
Statement of Safe Harbor
According to the Private Securities Litigation Reform Act of 1995, this report contains statements which are not historical facts, but rather forward-looking statements within the meaning of that act. An example of a forward-looking statement is a statement that addresses activities, events, or developments that Autoliv, Inc. is expecting. There is a possibility that the company's management believes or anticipates may occur in the future. A forward-looking statement is a statement that is based on our current expectations, various assumptions and data that has been obtained from third parties. Despite the fact that we believe there is a reasonable basis for our expectations and assumptions, we believe that we have expressed them in good faith.. However, there can be no assurance that such forward-looking statements will materialize or prove to be correct, since forward-looking statements are inherently subject to known and unknown risks, uncertainties, and other factors which, if not corrected, may cause actual future results, performance or achievements to be materially different from the future results, performance, or achievements expressed or implied in or implied by such forward-looking statements.. There are a number of risks, uncertainties, and other factors that could cause actual results to differ materially from those set out in the forward-looking statements, including, but not limited to, general economic conditions and fluctuations in the global automotive market.. Our company claims that any forward-looking statements contained in this document, as well as any other document, are protected by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 as a safe harbor for forward-looking statements. As a result of new information or future events, we will not be required to update or revise any such statements publicly except as required by law.
Our company claims that any forward-looking statements contained in this document, as well as any other document, are protected by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 as a safe harbor for forward-looking statements. As a result of new information or future events, we will not be required to update or revise any such statements publicly except as required by law.
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