Stockholm, Sweden - Atlas Copco's Annual General Meeting will take place on April 23, 2020. The Board's previous assessment of the dividend capacity for 2019 remains intact and as a consequence also the communicated dividend proposal. However, due to the COVID-19 outbreak and the uncertainty it is creating, the Board proposes that the final decision of the planned second installment of the dividend will be addressed at an Extraordinary General Meeting when the effects can be better assessed. Also, the Nomination Committee proposes unchanged Board Fees.

Atlas Copco has a robust position in terms of both capital and liquidity. The Board has therefore come to the conclusion, despite the challenging conditions, that the proposed dividend (SEK 7.00) amount will not jeopardize the company's ability to make the necessary investments and support ongoing operations, including support to our customers and employees.

The Board proposes that the first installment of the dividend (equal to SEK 3.50) will be proposed at the Annual General Meeting on April 23, 2020. The final decision about the proposed second installment (equal to SEK 3.50) will be postponed until the consequences of the corona pandemic can be better assessed. The Board currently intends to provide notice of an Extraordinary General Meeting to take place in due time before the planned second installment, at which this matter will be addressed.

In addition, Atlas Copco's Nomination Committee has decided to recall its proposal that the Annual General Meeting on April 23, 2020 approves an increase of the Board fees (decision item 11). Instead, the Nomination Committee proposes no change to the Board fees compared to 2019. All other proposals from the Nomination Committee to the annual general meeting remain as presented.

For more information please contact:

Sara Liljedal, Media Relations Manager

+46 8 743 8060 eller +46 72 144 1038

media@atlascopco.com

Daniel Althoff, VP Investor Relations

+46 8 743 9597 eller +46 76 899 9597

ir@atlascopco.com

Atlas Copco Group

Great ideas accelerate innovation. At Atlas Copco we have been turning industrial ideas into business-critical benefits since 1873. By listening to our customers and knowing their needs, we deliver value and innovate with the future in mind.

Atlas Copco is based in Stockholm, Sweden with customers in more than 180 countries and about 39 000 employees at year-end. Revenues of BSEK 104/10 BEUR in 2019.

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