(Stockholm, Sweden, and Melaka, Malaysia, June 1, 2022)- Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), the worldwide leader in automotive safety systems, demonstrated the possibilities of powered two-wheeler airbags in a crash test attended by the Minister of Transport of Malaysia on May 23. The test was conducted in relation to the tenth anniversary of the Malaysian Institute of Road Safety Research (MIROS) laboratory.  

Road traffic crashes claim 1.3 million lives every year and are the leading cause of death among children and young adults. More than 90 per cent of road traffic fatalities occur in developing countries. The safety of motorcycle riders is a major challenge in Southeast Asia and motorcycle crashes accounted for 66% of all traffic fatalities in Malaysia in 2021.

In 2021, Autoliv entered a partnership with MIROS, an organization with a progressive approach to road safety in Malaysia and a particular focus on powered two-wheelers. The collaboration directly supports Autoliv's vision of Saving More Lives and UN Sustainable Development Goal (SDG) number three, which aspires to ensure good health and well-being for all, with one of its targets focused on halving global deaths and injuries from road traffic crashes.

"I am very excited and fully support the development of this motorcycle airbag technology. I am sure that MIROS will support and cooperate with Autoliv in the development of this technology and evaluate its potential to save motorcyclists in our country going forward," says Dr. Wee Ka Siong, Minister of Transport in Malaysia.

"Autoliv is committed to our vision of Saving More Lives and to providing world class life-saving solutions for mobility and society. Autoliv is prioritizing developing products that specifically protect vulnerable road users. The development of these products is an integral part of our sustainability agenda and an important step towards our goal of saving 100,000 lives annually," says Mikael Bratt, CEO and President, Autoliv.

The MIROS collision test laboratory, PC3 Crash Lab, has played an important role in the vehicle safety ecosystem over the past ten years. Industry partners such as Autoliv conduct research and development in collaboration with the test laboratory to improve the level of road and vehicle safety in Southeast Asia and worldwide.

"It was a privilege to be a part of the MIROS tenth anniversary event and be asked to conduct a crash test with new technology that brings us one step closer to saving more lives in Southeast Asia. Autoliv has an important role to play in markets like Malaysia, and I am proud to see Autoliv's airbag for powered two-wheelers generating interest in the country," says Cecilia Sunnevång, Vice President Research at Autoliv.

Inquiries: 

Media: Gabriella Ekelund, Tel +46 (70) 612 64 24
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Investors & Analysts: Henrik Kaar, Tel +46 (0)8 587 206 14

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 pedestrian protection, connected safety services and safety solutions for riders of powered two wheelers. At Autoliv, we challenge and re-define the standards of mobility safety to sustainably deliver leading solutions. In 2021, our products saved close to 35,000 lives. Every year our products prevent more than 300,000 severe injuries. Our more than 60,000 associates in 28 countries are passionate about our vision of Saving More Lives and quality is at the heart of everything we do. We drive innovation, research, and development at our 14 technical centers, with their 20 test tracks. Sales in 2021 amounted to US $ 8.2 billion. For more information go to www.autoliv.com.

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This report contains statements that are not historical facts but rather forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include those that address activities, events or developments that Autoliv, Inc. or its management believes or anticipates may occur in the future. All forward-looking statements are based upon our current expectations, various assumptions and data available from third parties. Our expectations and assumptions are expressed in good faith and we believe there is a reasonable basis for them. However, there can be no assurance that such forward-looking statements will materialize or prove to be correct as forward-looking statements are inherently subject to known and unknown risks, uncertainties and other factors which may cause actual future results, performance or achievements to differ materially from the future results, performance or achievements expressed in or implied by such forward-looking statements. Numerous risks, uncertainties and other factors may cause actual results to differ materially from those set out in the forward-looking statements, including general economic conditions and fluctuations in the global automotive market. For any forward-looking statements contained in this or any other document, we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995, and we assume no obligation to update publicly or revise any such statements in light of new information or future events, except as required by law. 

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