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 April 2015, at the request of shareholders, 2,686,114 Class A shares were
converted to Class B shares. The total number of votes thereafter amounts to
161,844,221.3.

The total number of registered shares in the company amounts to 576,343,778
shares of which 115,788,715 are Class A shares and 460,555,063 are Class B
shares.
For additional information, please contact
Tobias Norrby, Investor Relations Manager at +46 8 738 93 35 or
ir@husqvarnagroup.com
Husqvarna Group
Husqvarna Group is a world leading producer of outdoor power products including
chainsaws, trimmers, robotic lawn mowers and garden tractors. The Group is also
the European leader in garden watering products and a world leader in cutting
equipment and diamond tools for the construction and stone industries. The
Group’s products and solutions are sold under brands including Husqvarna,
Gardena, McCulloch, Poulan Pro, Weed Eater, Flymo, Zenoah and Diamant Boart via
dealers and retailers to end-customers in more than 100 countries. Net sales in
2014 amounted to SEK 33 billion, and the Group had more than 14,000 employees in
40 countries.