Andrea Fuder appointed new member of Volvo’s Group Executive Board

Andrea Fuder has been appointed a new member of Volvo’s Group Executive Board
and Executive Vice President Group Trucks Purchasing, Volvo Group’s global
purchasing organization. Andrea Fuder has more than 20 years of experience from
similar roles in the Volkswagen Group.
Andrea Fuder, born in 1967 in Germany, has held a large number of senior
positions at Volkswagen’s purchasing organization since 1992. She has
comprehensive international experience after being stationed in countries
including Germany, the UK, China and Sweden. She has served as Head of
Purchasing at Volkswagen-owned Scania since 2012. The date on which Andrea Fuder
will take up her new position is yet to be decided.

June 1, 2016

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+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 June 1st, 2016, at 08:30
a.m.