Autoliv Wins Daimler Award

(Stockholm, March 21, 2012) – – – At the Daimler Key Supplier Meeting in
Sindelfingen near Stuttgart, Autoliv Inc. (NYSE: ALV and SSE: ALIV sdb) – the
worldwide leader in automotive safety systems – was recognized for its
contributions during 2011. Autoliv was selected the winner of the Supplier Award
2011 in the category Interior.

At the award ceremony the Vice President of Procurement Mercedes Benz Cars, Dr.
Klaus Zehender, recognized the excellent cooperation between Daimler and
Autoliv, which has resulted in several ground-breaking innovations. In his
speech, Dr. Zehender specifically named the Collision Prevention Assists system
in the new Mercedes B-Class and the “PreSafe” system in the Mercedes E-Class,
B-Class and E-Class Coupe. Another successful cooperation according to Dr
Zehender was the “BeltBag”, which is a seatbelt with an integrated airbag to
reduce the load on the vehicle occupant in severe crashes.

“We are proud and humbled to have been recognized by Daimler as a winner of the
prestigious award”, said Autoliv's CEO Jan Carlson who received the award from
Dr. Wolfgang Bernhard, member of the Mercedes Benz Board.
This is the sixth award Autoliv has received so far for its contributions to
customers during 2011. In November last year, Autoliv received a Supplier
Innovation Award from BMW for Autoliv’s new camera-based driver assist system
launched in the BMW 1- and 3-series. In February this year, Autoliv received
Toyota’s most prestigious supplier recognition, The Global Contribution Award,
“for superior quality, delivery, technology, innovation and cost improvement
performance”. In China, Autoliv has recently received a Gold Award from
Volkswagen Shanghai, an Excellent Supplier Award from Great Wall and an
Excellent Development Supplier Award from First Automotive Works.

About the Daimler Award

With the annual Daimler Supplier Award, the company recognizes outstanding
performance in the areas of quality, costs, logistics, technology, and
innovation. Daimler has defined these value drivers as well as the principles
for supplier collaboration in its globally standardized cooperation model known
as the Daimler Supplier Network. In addition, the values of fairness,
reliability, and trust are further aspects of the evaluation.

In his opening speech at the event, Dr. Dieter Zetsche, Chairman of the Daimler
Board of Management and Head of Mercedes-Benz Cars and Vans, provided an
overview of business development and the strategies for the years ahead, thanked
the suppliers for their close cooperation, and highlighted what Daimler expects
of it partners: “We have set ambitious goals for Daimler in the coming years. To
reach them, we need strong partners with the will to innovate and grow with us.”

In addition to some 200 Daimler executives, the meeting was attended by around
450 representatives of the company’s key suppliers.

Inquiries:
Jan Carlson, President & CEO, Autoliv Inc.
Tel. +46-8-587 20 600
Franz Xaver Weiss, Vice President Business Unit
Daimler Tel. +49-8131-295-1499

Autoliv Wins Daimler Award

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