Volvo: Truck Deliveries in January 2014

Regulatory News:

Volvo Group (STO:VOLVA) (STO:VOLVB):

Total deliveries by market for all brands (Volvo, Mack, Renault Trucks, UD and Eicher):

Volvo

In January 8,433 Volvo trucks were delivered, an increase of 51% compared with the same month last year. However, deliveries were 29% lower than in the month of December 2013.

In Europe 3,374 vehicles were delivered during January, up by 54% compared with January 2013.

First quarter production rates in Europe have been adjusted to reflect lower demand, which is a consequence of customers having pre-bought trucks ahead of a more stringent emission regulation that came into force 1 January 2014.

January deliveries in North America increased 209% to 2,433 vehicles in comparison with the same period last year. The increase was mainly due to two down-weeks in January 2013.

January deliveries in South America increased 5% to 1,509 trucks compared with January 2013.

Deliveries by market area:

Mack

January deliveries of Mack trucks increased by 37 procent compared to the same month last year, and reached 1,793 trucks.

Deliveries by market area:

Renault Trucks

In January 2,085 trucks were delivered by Renault Trucks which was a decrease by 24% compared to a year ago. Compared with December 2013, deliveries declined by 60%.

Renault Trucks is currently introducing a completely new truck program, with four different truck series; the T-series for long haulage, the C-series for construction, the K-series for heavy construction and the D-series for distribution.

Production rates for the first quarter have been adjusted significantly downwards to reflect lower demand following the transition to the new emission regulation, Euro 6, and the on-going product renewal.

Deliveries by market area:

UD

In January 2014, UD Trucks delivered 1,301 trucks, which was an increase of 11% compared to January last year.

Deliveries by market area:

Eicher*

Deliveries of Eicher trucks in January decreased by 33% to 2,144 trucks compared to the same month last year.

Deliveries by market area:

*As of 2013 Eicher is reported under the equity method and consequently sales and deliveries are not consolidated in to the Volvo Group

February 20, 2014

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AB Volvo (publ) January is required to disclose the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act.The information was submitted for publication at 08:30 a.m. in February 20, 2014.

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