Autoliv Inc.

Director since 2007. Elected until 2011. Joined Autoliv in 1999. Former Vice President Engineering of Autoliv Inc. Former President of Autoliv Europe, Autoliv Electronics and SAAB Combitech. M.Sc. Shares: 9,167 Restricted Stock Units: 37,934 Options: 115,750

Marika Fredriksson was appointed Senior Vice President Finance & CFO of Volvo Construction Equipment in September 2004. She is responsible for the overall financial management of the company globally, and is based in the Volvo Construction Equipment Headquarters office in Brussels, Belgium. Prior to this appointment, she was Senior Vice President and CFO of Volvo CE International AB, in Eskilstuna, Sweden where she started eight years earlier as Area Manager in the Finance department. She later became Finance Director and as such placed high focus on Sales Finance. Prior to joining Volvo CE International, Marika worked as a Management Consultant in Lithuania. She also held the MD position for Cafir Trade AB, a trading company, and worked with International Banking at Svenska Handelsbanken in Stockholm, Sweden. Marika Fredriksson holds a Masters in Business Administration from the Swedish School of Economics and Business Administration in Helsinki, Finland where she graduated in 1987. Marika is also a member of the Board of Directors of Volvo Penta.

Mr. Wallin performed the functions of the CFO between May 15 and September 1, 2008, when Ms. Fredriksson started with the Company. Over time, the Company has developed a compensation philosophy which integrates elements of Swedish and international compensation practices. Swedish executive compensation levels have historically been modest compared to European markets, and even more so compared to the market in the United States. Swedish compensation practices traditionally focus on the base salary levels necessary to recruit and retain executive talent to the company. As a consequence, base salary generally constitutes half of the total compensation of our named executive officers (excluding the executive s pension), reflecting a compromise between, on the one hand, the Swedish practice of lower total compensation but a relatively higher base salary, and on the other hand, the U.S. practice of higher total compensation but with a relatively higher at-risk component. The Company has also developed a practice of structuring and targeting incentives such that the value of long-term incentives normally is greater than that of short-term incentives. The Company has, by using variable incentive compensation, sought a balanced distribution of fixed and variable incentive compensation elements over time.

General Counsel and Secretary Master of Law. Born 1967. Employed 2007. Shares:750 Restricted Stock Units: 8,000 Options: 24,000

Born 1950. Employed 1994. Shares: 9,002 Restricted Stock Units: 8,834 Options: 69,135

Born 1962. Employed 1988 B.S. Mech. Engineering Shares: 833 Restricted Stock Units: 8,334 Options: 27,500

Born 1955. Employed 1996. M.Sc. Shares: 1,334 Restricted Stock Units: 8,500 Options: 31,950

George A. Lorch , age 67, joined HSBC Finance Corporation s Board in September 1994. He also serves as a member of the Board of Directors of HSBC North America Holdings Inc. From May 2000 until August 2000, Mr. Lorch served as Chairman, President and Chief Executive Officer of Armstrong Holdings Inc. (the parent of Armstrong World Industries, Inc.). Mr. Lorch served as Chairman of the Board, Chief Executive Officer and President of Armstrong World Industries, Inc. (a manufacturer of interior finishes) from 1994 and President and Chief Executive Officer from 1993 until May 1994. Mr. Lorch is a Director of The Williams Companies, Inc., Autoliv, Inc. and Pfizer Inc. Mr. Lorch is a member of the Executive and Audit Committees.

Born 1945. Director since 2007. Elected until 2009. Senior Executive Vice President and Member of the Board of Marubeni Corporation. Graduated from the Keio University in 1968 and attended the Harvard University Research Institute for International Affairs. Shares: 0

Born 1940. Director since 2005. Elected until 2011. Former President, COO and Director of Morton International, Inc., Former Chairman of the Supervisory Board of Salins Europe S.A., Former Senior V.P. of Rohm&Haas Co., Director of Unitrin, Inc. MBA Shares: 1,000

Born 1950. Director since 2008. Elected until 2009. Former President & CEO of Infineon Technologies AG, Former Vice President of BMW and Continental AG. Dr. Sc. Shares: 0