Press release

Malin Persson appointed new President of Volvo Technology

2007-06-29

AB Volvo

Malin Persson has been appointed new President of Volvo Technology, a business unit within the Volvo Group. She will assume her new position on September 1 this year, succeeding Lars-Göran Rosengren, who will then take up his new position in the Public Affairs Department at the Group’s Head Office.

Malin Persson is currently in charge of the Volvo Group’s Strategy Department, where she has worked since 2000. She has been employed by the Group for many years in a variety of positions, including responsibility for Environmental Affairs and heading the Volvo Group’s Business & Logistics Development. She is also a member of a number of boards, such as at Volvo Trucks, Volvo Technology Transfer AB and GreenCargo AB.

Malin Persson will report to Lars-Göran Moberg, who is a member of Volvo’s Group Management.

Volvo Technology is a Volvo Group business unit that develops new technology and new concepts for products and processes involving the transport and automotive industries. Its main customers are the various Volvo Group companies and Ford-owned Volvo Cars.

June 29, 2007

For further information, please contact Mårten Wikforss, +46 31 66 11 27 or +46 705 59 11 49.

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