Jan Ohlsson appointed member of Volvo’s Group Executive Board

Jan Ohlsson has been appointed a member of Volvo’s Group Executive Board and
Executive Vice President Group Trucks Operations, Volvo Group’s global truck
manufacturing organization. Jan Ohlsson currently already serves as the Acting
Head of Group Trucks Operations.
Jan Ohlsson, born in 1953, has worked at the Volvo Group since 1979. He has held
a number of different roles in the Group’s truck manufacturing operations, with
experience from manufacturing in Europe, North and South America and Japan. He
has worked as the manager of the Tuve factory in Gothenburg and as the head of
Powertrain Production and Global Trucks Manufacturing. Jan Ohlsson will take
office on June 1, 2016.

May 23, 2016

Journalists who would like additional information, please contact Kina Wileke on
+46 (0)31 323 7229 or +46 (0)765 537229.

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The Volvo Group is one of the world’s leading manufacturers of trucks, buses,
construction equipment and marine and industrial engines. The Volvo Group also
provides complete solutions for financing and service. Volvo, which employs
about 100,000 people, has production facilities in 18 countries and sells its
products in more than 190 markets. In 2015, the Volvo Group’s sales amounted to
about SEK 313 billion (EUR 33.4 billion) and its shares are listed on Nasdaq
Stockholm. For more information, visit www.volvokoncernen.se or
www.volvogroup.mobi for those using a mobile phone.

AB Volvo (publ) may be required to disclose the information provided herein
pursuant to the Securities Markets Act and/or the Financial Instruments Trading
Act. The information was submitted for publication on May 23 2016, at 10:15 a.m.