Saab comments on the Swedish government’s announced investments in the next generation submarine, A26

Defence and security company Saab welcomes the Swedish Minister of Defence,
Peter Hultqvist’s, announcement to invest in two submarines of the next
generation, A26, of a total amount of SEK 8,2 billion. The Swedish minister made
the announcement in Karlskrona, Sweden.
Today, the Swedish Minister of Defence, Peter Hultqvist, announced that the
government, on Thursday, intends to give a mandate to the Armed Forces to order
two submarines.

Saab has not received any order on production of the new submarine but Saab
looks forward to the discussions, which will lead to an agreement and order for
A26. This will be a part of an earlier signed Letter of Intent.
Saab and FMV (The Swedish Defence Material Administration) signed a Letter of
Intent in June 2014 regarding the Swedish Armed Forces’ underwater capability
for the period 2015-2024. The Letter of Intent comprises support, development,
design and production of submarines and other underwater systems, corresponding
to potential orders of approximately SEK 11.2 billion, provided that necessary
decisions are made.

For further information, please contact:

Saab Press Centre,

+46 (0)734 180 018,

presscentre@saabgroup.com

www.saabgroup.com

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Saab serves the global market with world-leading products, services and
solutions within military defence and civil security. Saab has operations and
employees on all continents around the world. Through innovative, collaborative
and pragmatic thinking, Saab develops, adopts and improves new technology to
meet customers’ changing needs.

The information is that which Saab AB is required to declare by the Securities
Business Act and/or the Financial instruments Trading Act. The information was
submitted for publication on 17 March 2015 at 19:00 (CET).