Commentary & Deal Flow

Volvo Car AB (publ) ("Volvo Cars") has mandated Barc/Citi/Nordea/SocGen as Joint Bookrunners, to arrange a series of fixed income investor calls on 29 April 2024. A pre-recorded Deal Roadshow presentation with voiceover has been made available at http://www.dealroadshow.com (Passcode: VOLVOCAR24). Barclays will be coordinating logistics. A Reg S senior unsecured EUR-denominated fixed rate 6-year green bond issued under Volvo Cars' EMTN-programme guaranteed by Volvo Car Corporation may follow, subject to market conditions. The green bond will be issued in accordance with Volvo Cars’ Green Financing Framework dated May 2023, and a second party opinion rated Dark Green has been issued by CICERO, both of which are available on the Volvo Cars website (https://investors.volvocars.com/en/deb-informatino/green -financing). SocGen is acting as Green Structuring Advisor. Biz: Automobile manufacturer. It is 84% owned by Geely Automobile. HQ: Gothenburg, Sweden.