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Conversion of shares in Electrolux

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STOCKHOLM, Sept. 30, 2021 /PRNewswire/ -- According to AB Electrolux articles of association, owners of Series A shares are entitled to request that such shares are converted to Series B shares. Conversion reduces the total number of votes in the company.

During September 2021, 41 Series A shares were at the request of shareholders converted to Series B shares, following which the total number of votes in the company amounts to 38,265,279.

The total number of registered shares in the company amounts to 308,920,308 shares, of which 8,192,498 are Series A shares and 300,727,810 are Series B shares.

CONTACT:

For further information, please contact Electrolux Press Hotline, +46 8 657 65 07.

This is information that AB Electrolux is obliged to make public pursuant to the Financial Instruments Trading Act. The information was submitted for publication at 11.00 CET on September 30, 2021

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

https://news.cision.com/electrolux/r/conversion-of-shares-in-electrolux,c3424335

The following files are available for download:

https://mb.cision.com/Main/1853/3424335/1475329.pdf

Press release Conversion of Shares

Cision View original content:https://www.prnewswire.com/news-releases/conversion-of-shares-in-electrolux-301388696.html

SOURCE Electrolux

AB ELECTROLUX B S/ADR

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Audio and Video Equipment Manufacturing
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United States of America
Stockholm

About ELUXY

electrolux is a global leader in household appliances and appliances for professional use, selling more than 50 million products to customers in more than 150 markets every year. the company makes thoughtfully designed, innovative solutions based on extensive consumer research, meeting the desires of today’s consumers and professionals. electrolux products include refrigerators, dishwashers, washing machines, cookers, air-conditioners and small appliances such as vacuum cleaners, all sold under esteemed brands like electrolux, aeg, zanussi and frigidaire. in 2014, electrolux had sales of sek 112 billion and about 60,000 employees.