Volvo Car AB (publ.) announced that in line with the principles adopted by Volvo Cars' Annual General Meeting and based on the shareholder information as of 1 September 2022 the Nomination Committee for Volvo Cars' Annual General Meeting 2023 has been appointed and its members are: Tom Johnstone, appointed by Geely Sweden Holdings AB; Yimin Chen, appointed by Geely Sweden Holdings AB; Eric Li, Chairperson of the Board of Volvo Car AB; Anders Oscarsson, appointed by AMF as the second large shareholder; and Ylva Wessén, appointed by Folksam as the third large shareholder. Tom Johnstone will be the Chairperson of the Nomination Committee. In relation to this appointment, Tom Johnstone has advised that he will not be up for re-election in Volvo Cars' Board of Directors, where he is currently a member.