U.S. Army Places New Orders for Saab’s Carl-Gustaf

Defence and security company Saab has signed a new contract with the U.S. Army
for the company’s Carl-Gustaf man-portable weapon system. This marks the second
time the U.S. Army has bought the 84mm recoilless rifle system to equip its
forces. The total order value is $31 million (approximately MSEK 205).
Long in service with U.S. Special Operations Forces, the system has only
recently been taken into service by the U.S. Army for its regular infantry units
as well.

“This is another great milestone for Saab and the Carl-Gustaf system. This new
order demonstrates the continued belief by the customer in the capabilities and
versatility of our product”, says Tomas Samuelsson, Senior Vice President and
Head of Saab’s business area Dynamics.

“The fact that the U.S. Army continues its plans to deploy this game-changing
weapon system to its main-line units speaks for itself. The Carl-Gustaf has
repeatedly proven itself in the most demanding environments and it is a
versatile, powerful tool for the soldier”, said Saab North America President,
Dan-Åke Enstedt.

The Carl-Gustaf system has a successful history, and has successively been
modernized and adapted to meet new requirements. A true multi-role, man-portable
shoulder-fired weapon, the system is in use in more than 40 countries worldwide.
Currently produced as the Carl-Gustaf M3 version, Saab continues to develop this
reliable system with the aim to provide a more advanced lighter weight version
in the future.

With several locations across the U.S., Saab North America, provides a broad
range of products, services, and solutions, ranging from defense to homeland
security, to customers in theU.S.andCanada.

Saab serves the global market with world-leading products, services and
solutions ranging from military defence to civil security. Saab has operations
and employees on all continents and constantly develops, adopts and improves new
technology to meet customers’ changing needs.

For further information, please contact:

Saab Press Centre, +46 (0)734 180 018, presscentre@saabgroup.com

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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 September 26 at 08.00 (CET).