Electrolux expectations for 2016

The favorable market development for Electrolux largest business areas Major
Appliances EMEA and Major Appliances North America is expected to continue in
2016. Overall global demand for appliances is forecast to be slightly positive.
Demand for appliances in Western Europe is expected to continue to improve and
grow in the range of 2 - 3% for the full year 2016. Demand in Eastern Europe is
expected to increase by approximately 2%, although there remains a high degree
of uncertainty regarding the development in Russia and Ukraine. Demand in North
America has improved for the past three years. We expect a continued stable
development and forecast growth of 2 - 4% for 2016. A continued weak macro
-economic outlook in Brazil is expected to have a negative impact on market
volumes.

Other factors affecting Electrolux in 2016 include an expected positive
price/mix development for the Group. Currency headwinds, mainly in Brazil, will
continue to be mitigated with price increases. For 2016, at current currency
rates, a negative transaction impact for the Group of SEK 1.5 bn is expected.

Raw material costs have been trending downward and are expected to have a
continued positive impact in 2016 of about SEK 550m. Cost savings are estimated
to contribute positively in the amount of SEK 750m for the full year. The
Group’s capital expenditure level remains stable and is expected to amount to
approximately SEK 4 bn in 2016.

Electrolux continues to step up investments in innovation, product development,
design and marketing to support future product launches, with the aim to reach
the vision of being the best appliance company in the world as measured by our
customers, employees and shareholders.
For further information, please contact:

Catarina Ihre, Vice President Investor Relations at 46 (0)8 738 60 87

Electrolux Press Hotline, 46 8 657 65 07.

Electrolux discloses the information provided herein pursuant to the Securities
Market Act and/or the Financial Instruments Trading Act. The information was
submitted for publication at 17.30 CET on November 30, 2015
Electrolux is a global leader in home appliances, based on deep consumer insight
and developed in close collaboration with professional users. We offer
thoughtfully designed, innovative solutions for households and businesses, with
products such as refrigerators, dishwashers, washing machines, cookers, vacuum
cleaners, air conditioners and small domestic appliances. Under esteemed brands
including Electrolux, AEG, Zanussi, Frigidaire and Electrolux Grand Cuisine, the
Group sells more than 50 million products to customers in more than 150 markets
every year. In 2014, Electrolux had sales of SEK 112 billion and 60,000
employees. For more information go to www.electroluxgroup.com.