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August 17, 2017 | Press release
Voting results from Haldex’ Extraordinary General Meeting
The Haldex Board adheres to its decision not to execute the resolution from the EGM

Haldex held an Extraordinary General Meeting on August 17 in Stockholm, Sweden. Haldex has earlier today announced that the EGM resolved to approve the proposal by Knorr-Bremse,

54% of the shareholders were present at the EGM which represents 23,888,027 of the votes. Of these 15,489,074 refrained from voting, including ZF, 403,096 voted against the proposal and 7,995,857 voted for the proposal.

"Let’s not exaggerate any disappointment that we now feel in the Board of Directors. Owners sometimes think and vote differently than the Board ant that is entirely in accordance with the rules of the game. Today's action by ZF is disappointing for Haldex because our main owner chooses to refrain from clarifying its interests and a minority of the shareholders, mainly short-term speculative owners, puts Haldex in a continued uncertain situation.", says Jörgen Durban, Chairman of the Haldex Board.

As no new information was presented about Knorr-Bremse’s plans to address the antitrust issues, despite the fact that Knorr-Bremse's CEO Klaus Deller gave a speech, the Board continues to assess the likelihood of getting the deal approved as very low. The Board therefore adhere to its earlier decision not to support Knorr-Bremse’s bid as it would result in material harm for the company and contravene the Companies Act. The Board is to protect the interests of all shareholders. In this case, a few owners have voted on a proposal that benefits a minority of shareholders while it destroys long-term shareholder value.

For further information, visit http://corporate.haldex.com or contact:

Jörgen Durban, Chairman of the board
Phone: +46 418 476163

Åke Bengtsson, Acting CEO
Phone: +46 418 476150

Catharina Paulcén, SVP Corporate Communications
Phone: 46 418 476157
E-mail: catharina.paulcen@haldex.com

The information was submitted for publication by the Haldex media contact stated in the release on August 17, 2017 at 14.20 CEST.

This document is essentially a translation of Swedish language original thereof. In the event of any discrepancies between this translation and the original Swedish document the latter shall be deemed correct.

Haldex (www.haldex.com), headquartered in Landskrona, Sweden, is a provider of proprietary and innovative solutions to the global commercial vehicle industry, with focus on products in vehicles that enhance safety, environment and vehicle dynamics. Haldex is listed on the Nasdaq OMX Stockholm Stock Exchange and had net sales of approx 3.9 billion SEK in 2013. The number of employees amounts to about 2,200.

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