Saab and ThyssenKrupp have signed a MoU on an acquisition of ThyssenKrupp Marine Systems AB

ThyssenKrupp Industrial Solutions AG, a subsidiary of ThyssenKrupp AG, and Saab
AB today signed a non-binding Memorandum of Understanding concerning the sale of
the Swedish shipyard ThyssenKrupp Marine Systems AB (formerly named Kockums)
with operations in Malmö, Karlskrona and Muskö to Saab AB.
Both parties agree that during the negotiations phase, the integrity and the
operating ability of ThyssenKrupp Marine Systems AB must be safeguarded. The
transaction will be subject to regulatory approval. The negotiations between
Saab AB and ThyssenKrupp Marine Systems AB are at an early stage and more
information will follow.

The Memorandum of Understanding is in line with Saab’s ambition to expand its
activities in the naval area and meets the needs of Sweden for an industrial
solution regarding design, production and maintenance of submarines and
warships. An acquisition of ThyssenKrupp Marine Systems AB will enable Saab to
meet this ambition.

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

www.saabgroup.com

www.saabgroup.com/Twitter

www.saabgroup.com/YouTube

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 April 14 at 07.00.