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 2016, at the request of shareholders, 381 Class A shares was
converted to Class B shares. The total number of votes thereafter amounts to
159,958,915.7.

The total number of registered shares in the company amounts to 576,343,778
shares of which 113,693,931 are Class A shares and 462,649,847 are Class B
shares.

This information is such that Husqvarna AB must disclose in accordance with the
Financial Instruments Trading Act. The information was submitted for publication
on October 31, 2016, at 13:00 CET.
For additional information, please contact
+46 8 738 90 80 or press@husqvarnagroup.com
Husqvarna Group
Husqvarna Group is a world leading producer of outdoor power products for
garden, park and forest care. Products include chainsaws, trimmers, robotic lawn
mowers and ride-on lawn mowers. 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 consumers
and professionals in more than 100 countries. Net sales in 2015 amounted to SEK
36 billion and the Group has more than 13,000 employees in 40 countries.