Autoliv appoints new Chief Financial Officer

(Stockholm, November 25, 2015) – – – Autoliv, Inc. (NYSE: ALV, and SSE: ALIV
sdb) the worldwide leader in automotive safety systems, has appointed Mats
Backman as Group Vice President and Chief Financial Officer.
Mr. Backman brings more than 20 years of experience from different industries to
Autoliv. Mr. Backman will assume his position with Autoliv during the first half
of 2016. In his position he will lead the Company’s financial strategy in next
growth and transition phase. He is currently Chief Financial Officer of Sandvik
Group, which he first joined in 2007 and has been its CFO since 2013.

After thirteen years with the Company, whereof seven years as Chief Financial
Officer, Mats Wallin, will leave his position to pursue other opportunities
based on a mutual agreement with Autoliv. Mats will remain in his current
position until his successor joins Autoliv.

“I would like to welcome Mats Backman to Autoliv, his experience and competence
will be very important for Autoliv’s next development and transition phase. Mats
Wallin has played a key role in increasing the company value by 4 times since he
became CFO in 2009. I would like to sincerely thank him and wish him all the
best for his future endeavours,” said Jan Carlson, Chairman, President and CEO,
Autoliv.

Please see attached photo of Mr. Mats Backman
Inquiries:

Thomas Jönsson, GVP Corporate Communications, Autoliv
Inc.                            Tel +46-8-587 20 627
About Autoliv

Autoliv, Inc., the worldwide leader in automotive safety systems, develops and
manufactures automotive safety systems for all major automotive manufacturers in
the world. Together with its joint ventures, Autoliv has close to 80 facilities
with more than 60,000 employees in 28 countries. In addition, the Company has
ten technical centers in nine countries around the world, with 21 test tracks,
more than any other automotive safety supplier. Sales in 2014 amounted to US
$9.2 billion. The Company's shares are listed on the New York Stock Exchange
(NYSE: ALV) and its Swedish Depository Receipts on the OMX Nordic Exchange in
Stockholm (ALIV sdb). For more information about Autoliv, please visit our
company website at www.autoliv.com.

Safe Harbor Statement

This report contains statements that are not historical facts but rather forward
-looking statements within the meaning of the Private Securities Litigation
Reform Act of 1995. Such forward-looking statements include those that address
activities, events or developments that Autoliv, Inc. or its management believes
or anticipates may occur in the future. All forward-looking statements are based
upon our current expectations, various assumptions and data available from third
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believe there is a reasonable basis for them. However, there can be no assurance
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statements. Numerous risks, uncertainties and other factors may cause actual
results to differ materially from those set out in the forward-looking
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any forward-looking statements in light of new information or future events. For
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the protection of the safe harbor for forward-looking statements contained in
the Private Securities Litigation Reform Act of 1995, and we assume no
obligation to update any such statement.