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PRESS RELEASE

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11 April 2022 pte 2020

CU 22:014 E

Saab Receives Order for Gripen C/D Upgrade

Saab has received an order from the Swedish Defence Materiel Administration (FMV) to ensure the continued operation of JAS 39 Gripen C/D and to provide capability enhancements to preserve the operational relevance of the fighter aircraft. The order value is SEK 500 million.

Gripen C/D is the system that will be used for many years to come in Sweden and in other countries that have purchased Gripen. The development is also done to further ensure a cost-effective solution regarding construction, design and procurement.

"Gripen C/D is the backbone of the Swedish Armed Forces today and will continue to be for many years to come, so this is an important order where we will ensure the continued operation and operational relevance of Gripen C/D," says Jonas Hjelm, Head of Saab's

Aeronautics business area.

The purpose of the order is to start implementation of the upgrade to fulfil the Swedish Armed

Forces' need to maintain the continued high capability and availability of Gripen C/D up to 2035.

For further information, please contact:

Saab's press centre +46 (0)734 180 018presscentre@saabgroup.com

www.saab.com

Twitter: @Saab Facebook: @Saab LinkedIn: Saab Instagram: Saab

IN 5000356-422 Version 1 06.11 Word

Saab is a leading defence and security company with a mission to help nations protect their populations and to contribute to the safety of people and societies. With 18,000 talented employees, Saab develops technology and solutions for a safer, more sustainable, and more just world. Saab develops, manufactures, and maintains sophisticated systems within aeronautics, weapons, and sensors, as well as management systems and underwater systems. Saab is headquartered in Sweden, but has global operations through which the company contributes to many nations' defence capabilities.

Saab AB (publ)

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Telephone +46 (0)13 18 00 00

Websitewww.saab.com

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SE556036079301

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Saab AB published this content on 11 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 April 2022 09:08:08 UTC.