1. AB Volvo Volvo Group in Russia October 30, 2013 1 2016-10-02 Volvo TSM EMEA

2. AB Volvo 2004: Volvo Financial Services Vostok is founded 2013: Inauguration of Volvo Construction Equipment factory in Kaluga Ground breaking ceremony in Kaluga for Cab factory (Volvo Trucks and Renault Trucks) 1994: Volvo Trucks representation office opened in Moscow 1998: Joint Company “Volvo Vostok” is founded 1973: First Volvo trucks delivered to Soviet Union 2012: Inauguration of Volvo Truck Center Yekaterinburg Inauguration of Kaluga Custom Point 2005: First Volvo Truck Center is inaugurated in St. Petersburg (Volvo Trucks and Volvo Construction Equipment) 2009: Inauguration of Kaluga factory (Volvo Trucks and Renault Trucks) Volvo Trucks and Renault Trucks given status as domestic producers in Russia 2010: Divestment of Volvo Construction Equipment Retail Business to FNM 1997: Volvo Construction Equipment representation office opened 2003: Inauguration of Volvo Trucks assembly factory in Zelenograd, Moscow 2011: Inauguration of Volvo Truck Center Moscow South Volvo Group in Russia- Brief History 2 2016-10-02 Volvo TSM EMEA

3. AB Volvo Volvo Group in Russia 2013 Group Trucks Technology Group Trucks Operations Group Trucks Sales & Marketing EMEA Finance & Business Support Business Areas Construction Equipment 3 2016-10-02 Volvo TSM EMEA

4. AB Volvo Investments in Russia Kaluga:  55 hectare of land plot  Factory for production of Volvo Trucks and Renault Trucks - Capacity installed: 15,000 trucks  Factory for VCE excavators - Capacity installed: 2,000 machines  Cab factory - Capacity installed 15,000 cabs  Customs point Volvo Group Truck Centers: - 5 Volvo Group Truck Centers (St Petersburg, 2 in Moscow, Kaluga and Yekaterinburg) Total investment of MEUR 275 Volvo TSM EMEA 4 2016-10-02

5. AB Volvo 5 Production in Kaluga 2016-10-02 Volvo TSM EMEA