Autoliv — Apr 17, 2026 release

Autoliv’s policy is to maintain a leverage ratio commensurate with a strong investment grade credit rating. The Company measures its leverage ratio as net debt* adjusted for pension liabilities in relation to adjusted EBITDA*. The long-term target is to maintain a leverage ratio equal to or below 1.5x.   15 Financial Report January - March 2026     Mar 31 Dec 31 Mar 31 (Dollars in millions) 2026 2025 2025 Net debt 1)  (Non-GAAP) $1,773 $1,566 $1,787 Pension liabilities 176 169 163 Net debt per the Policy (Non-GAAP) $1,949 $1,736 $1,950         Net income 2) $710 $736 $688 Income taxes 2) 246 250 246 Interest expense, net 2, 3) 93 93 97 Other non-operating items, net 2) 28 15 16 Income from equity method investments 2) (6) (6) (6) Depreciation and amortization of intangibles 2) 419 407 386 Capacity alignments 2) 28 23 19 Antitrust related items 2) 4 3 4 Other items 2) - - (0) EBITDA per the Policy (Adjusted EBITDA) (Non-GAAP) $1,523 $1,521 $1,449         Leverage ratio (Non-GAAP) 1.3 1.1 1.3 1)  Short- and long-term debt less cash and cash equivalents and debt-related derivatives. 2)  Latest 12 months. 3)  Interest expense, including cost for extinguishment of debt, if any, less interest income.     Reconciliation of GAAP