Saab Signs Contract For Carl-Gustaf Ammunition

Defence and security company Saab has signed a contract for the production and
delivery of ammunition for the Carl-Gustaf man-portable weapon system. The total
order value is approximately SEK1,4 billion. Deliveries will take place during
2016-2019.
The contract comprises production and delivery of three different types of
ammunition for the Carl-Gustaf system. The contract also includes possibilities
for additional orders.

“I am very glad to announce that we have now received this significant order for
Carl-Gustaf ammunition. This further strengthens our leading position on the
market for shoulder-launched weapons systems,” says Görgen Johansson, head of
Saab business area Dynamics.

The industry’s nature is such that due to circumstances concerning the product
and customer, further information about the customer will not be announced.

The Carl-Gustaf is a world-leading weapon system within the support weapon
category. It has been constantly modernised and enhanced to meet users’ changing
needs. The latest version, the Carl-Gustaf M4, reduces the weight from 10 kg to
7 kg. Carl-Gustaf is a battle-winning system for soldiers operating in demanding
environments. Employing a wide range of ammunition types, the Carl-Gustaf system
allows dismounted soldiers to defeat multiple challenges – from neutralising
armoured vehicles to clearing obstacles and engaging enemies in buildings.

For further information, please contact:
Saab Press Centre,
+46 (0)734 180 018,
presscentre@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 12 January 2016 at 14.30 pm (CET).