Martin Lundstedt Not Standing for Re-Election to Autoliv Board of Directors

Rhea-AI Summary

Autoliv (NYSE: ALV) announced that board member Martin Lundstedt will not stand for re-election and his service ends at the 2026 Annual Stockholders Meeting on May 7, 2026. The Board set the record date as March 11, 2026 and decided the meeting will be in-person only.

The release reiterates company scale: 2025 sales $10.8 billion, ~64,000 employees, and products that saved approximately 40,000 lives in 2025.

Positive

• Board fixed 2026 Annual Meeting date: May 7, 2026
• Record date set as March 11, 2026
• Reported $10.8 billion sales in 2025

Negative

• Martin Lundstedt will leave the board at the 2026 Annual Meeting, reducing continuity
• 2026 Annual Meeting will be in-person only, limiting remote shareholder participation

News Market Reaction – ALV

-0.43%

1 alert

-0.43% News Effect

On the day this news was published, ALV declined 0.43%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

STOCKHOLM, Feb. 19, 2026 /PRNewswire/ -- Autoliv, Inc. (NYSE: ALV) (SSE: ALIVsdb), the worldwide leader in automotive safety systems, today announced that Mr. Martin Lundstedt, a current member of the Board of Directors (the "Board"), has elected not to stand for re-election. Mr. Lundstedt's service as a director will end at the 2026 Annual Stockholders Meeting (the "2026 Annual Meeting").

"It has been my honor to serve on the Autoliv Board these past five years and contribute to Autoliv's vision of Saving More Lives. Autoliv is truly the worldwide leader in vehicle safety systems and has a tangible impact on improving lives around the world," said Martin Lundstedt. "It is with regret that my Board service will end but I wish nothing but the best to my colleagues on the Autoliv Board and the many employees that make Autoliv such a special company."

"I wish to thank Martin for his contributions to the performance of the Board as a member in good standing since 2021. In this dynamic period for the automotive industry, his deep experience, leadership, and insights greatly benefited Autoliv," said Jan Carlson, Chairman of the Board of Directors. "On behalf of the Board, I wish Martin continuing success in his endeavors."

2026 Annual Meeting

As previously announced, the Board has set Thursday, May 7, 2026 as the date for the 2026 Annual Stockholders Meeting. The Board has decided that the meeting will be in-person only. The Board has fixed the close of business on March 11, 2026 as the record date for the 2026 Annual Meeting. All stockholders of record as of the close of business on that date are entitled to vote at the 2026 Annual Meeting. Notice of the 2026 Annual Meeting will be delivered to the holders of record in late March. More information on the Annual Meeting can be found in Autoliv's proxy statement, which will be available to stockholders in late March.

Inquiries: 

Media: Gabriella Etemad, Tel +46 (0)70 612 64 24

Investors & Analysts: Anders Trapp, Tel +46 (0)709 578 170
Investors & Analysts: Henrik Kaar, Tel +46 (0)709 578 114

This information is information that Autoliv, Inc. is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the contact person set out above, at 3:15 p.m. CET on February 19, 2026.

About Autoliv

Autoliv, Inc. (NYSE: ALV; Nasdaq Stockholm: ALIV.sdb) is the worldwide leader in automotive safety systems. Through our group companies, we develop, manufacture and market protective systems, such as airbags, seatbelts, and steering wheels for all major automotive manufacturers in the world, as well as mobility safety solutions, such as commercial vehicles and electrical safety solutions. At Autoliv, we challenge and re-define the standards of mobility safety to sustainably deliver leading solutions. In 2025, our products saved approximately 40,000 lives and reduced around 600,000 injuries.

We have operations in 25 countries, and we drive innovation, research, and development at our 13 technical centers. Our 64,000 employees are passionate about our vision of Saving More Lives and quality is at the heart of everything we do. Sales in 2025 amounted to $10.8 billion. For more information go to www.autoliv.com.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/autoliv/r/martin-lundstedt-not-standing-for-re-election-to-autoliv-board-of-directors,c4309958

The following files are available for download:

https://mb.cision.com/Main/751/4309958/3943380.pdf

Release

View original content:https://www.prnewswire.com/news-releases/martin-lundstedt-not-standing-for-re-election-to-autoliv-board-of-directors-302692743.html

SOURCE Autoliv

FAQ

Why is Martin Lundstedt not standing for re-election to the Autoliv board (ALV)?

He elected not to stand for re-election and will end his service at the 2026 Annual Meeting on May 7, 2026. According to the company, his board service began in 2021 and he departs after five years of service.

When will Autoliv (ALV) hold its 2026 Annual Stockholders Meeting?

The Board set the 2026 Annual Stockholders Meeting for Thursday, May 7, 2026. According to the company, notice and the proxy statement will be delivered to holders of record in late March 2026.

What is the record date for voting at Autoliv's (ALV) 2026 Annual Meeting?

The Board fixed the close of business on March 11, 2026 as the record date for the 2026 Annual Meeting. According to the company, shareholders of record on that date are entitled to vote at the meeting.

Will Autoliv's (ALV) 2026 Annual Meeting allow remote participation or voting?

The Board decided the 2026 Annual Meeting will be in-person only and will not provide remote attendance options. According to the company, this means shareholders must attend physically to participate in-person.

How long did Martin Lundstedt serve on Autoliv's (ALV) board before stepping down?

Martin Lundstedt served as a director for five years, having been a board member since 2021. According to the company, he contributed leadership and insights during a dynamic period for the automotive industry.

What company metrics did Autoliv (ALV) highlight in the announcement about the board change?

The company highlighted $10.8 billion in 2025 sales, approximately 64,000 employees, and products that saved about 40,000 lives in 2025. According to the company, these figures reflect its scale and safety impact.