Due to a conversion of shares from Series A to Series B in accordance with AB SKF’s Articles of Association, the Company confirms the following.

As per 28 February, the Company’s share capital amounts to SEK 1,138,377,670 and the total number of shares amounts to 29,403,933 shares of Series A and 425,947,135 shares of Series B. The number of votes in the Company amounts to 71,998,646.5.

AB SKF does not hold any own shares. SKF’s mission is to be the undisputed leader in the bearing business. We do this by offering solutions that reduce friction and CO2 emissions, whilst at the same time increasing machine uptime and performance. Our products and services around the rotating shaft include ball bearings, roller bearings, slewing bearings,seals, lubrication management, artificial intelligence and wireless condition monitoring. SKF is represented in more than 130 countries and has around 17,000 distributor locations worldwide. Annual sales in 2021 were SEK 81,732 million and the number of employees was 42,602.