Conversion of shares

According to Husqvarna AB´s articles of association, owners of Class A shares
have the right to have such shares converted to Class B shares. Conversion
reduces the total number of votes in Husqvarna AB. When such a conversion has
occurred, the company is obligated by the Act on Trading in Financial
Instruments to disclose any such change.

In October 2014, at the request of shareholders, 637,973 Class A shares were
converted to Class B shares. The total number of votes thereafter amounts to
167,817,299.9.

The total number of registered shares in the company amounts to 576,343,778
shares of which 122,425,469 are Class A shares and 453,918,309 are Class B
shares.
For additional information, please contact
Tobias Norrby, Investor Relations Manager, +46 8 738 93 35 or
ir@husqvarnagroup.com
Husqvarna Group
Husqvarna Group is the world’s largest producer of outdoor power products
including robotic lawn mowers, garden tractors, chainsaws and trimmers. The
Group is also the European leader in consumer watering products and one of the
world leaders in cutting equipment and diamond tools for the construction and
stone industries. The Group’s products and solutions are sold via dealers and
retailers to both consumers and professional users in more than 100 countries.
Net sales in 2013 amounted to SEK 30 billion, and the Group had 14,000 employees
on average in more than 40 countries.