Largest owners

The largest shareholders in AB Volvo, March 28, 2013 (by capital, based on number of outstanding shares)
       Holding of         Holding of  Holding of  Registered   Outstanding
Owner                                         A-shares         B-shares A+B-shares Capital  Votes   Capital  Votes
1. Industrivärden 131,506,918        6,667,848   138,174,766   6.5% 19.0%   6.5% 19.0%
 2. Violet Partners LP 43,727,400   0   43,727,400   2.1% 6.3% 2.1%  6.3%
 3. Norges Bank Investment Management 30,632,757   73,291,658   103,924,415   4.9% 5.5%   4.9% 5.5%
 4. SHB 2 37,283,505   4,177,382  41,460,887   1.9% 5.4% 1.9% 5.4%
 5. AMF Insurance & Funds 31,199,000   44,674,460   75,873,460   3.6% 5.1%   3.6% 5.1%
 6. Alecta 23,175,000   64,010,000   87,185,000   4.1% 4.3% 4.1% 4.3%
 7. AFA Insurance  25,320,863   2,557,947   27,878,810   1.3% 3.7%   1.3% 3.7%
 8. Swedbank Robur Funds 14,449,698   76,579,878   91,029,576   4.3% 3.2% 4.3% 3.2%
 9. Skandia Liv 12,387,677   5,977,898   18,365,575   0.9% 1.9%   0.9% 1.9%
10. SEB Funds / Trygg Life Insurance 1 9,414,438  28,934,645   38,349,083   1.8% 1.8% 1.8% 1.8%
11. AP4 Fund 10,995,162   11,633,381   22,628,543   1.1% 1.8%   1.1% 1.8%
12. Nordea Funds 8,649,390   32,515,808   41,165,198   1.9% 1.7% 1.9% 1.7%
13. SEB AB 6,030,496   11,970,331   18,000,827   0.8% 1.0%   0.8% 1.0%
14. AP2 Fund  5,956,318   10,968,576   16,924,894   0.8% 1.0% 0.8% 1.0%
15. Capital Group Funds  0   60,488,880   60,488,880 2.8% 0.9%   2.8% 0.9%
      Volvo Treasury Stock 20,728,135   80,013,209  100,741,344  4.7% 4.1% 0.0% 0.0%
              38.8% 62.5%
Registered shares 535,457,770   1,592,962,450 2,128,420,220
Outstanding shares         535,457,770         1,592,962,450         2,128,420,220
Registered votes 535,457,770   159,296,245 694,754,015
Outstanding votes 535,457,770   159,296,245 694,754,015
 
One Volvo A share equals one vote. One Volvo B share equals 1/10 of one vote.
           
1. Comprises SEB funds and SEB and SEB-Trygg Life Insurance.
2. Comprises shares held by SHB, SHB Pension Fund, SHB Employee Fund, SHB pensionskassa and Oktogonen

Källa. SIS Ägarservice AB 2013-03-28
Last updated: May 14, 2013

Dividends are the same for both classes of shares.

In December 2007, as a result of high cost and low liquidity, Volvo de-listed from the NASDAQ Exchange. Thus, the ADR program was changed from a Level III stock that is listed on the NASDAQ, to a Level I stock that trades OTC (Over the Counter) with the new ticker symbol VOLVY.

For more information about the ADR program, please contact the Volvo Group's Investor Relations department in New York.

ISIN codes:
VOLV A: SE0000115420
VOLV B: SE0000115446
ADR Cusip:
VOLV Y: 928856400