Source: Haldex AB announcement

LANDSKRONA, Sweden — Haldex AB announced that the annual report and sustainability report for 2021 has been published and is available in both Swedish and English. The report describes how Haldex creates value for shareholders, employees, customers, and society.

A digital version can be downloaded at https://www.haldex.com/en/corporate/investors/financial-reports/. A printed copy can be ordered by calling the switchboard on tel. +46 418 47 60 00 or by sending an email to [email protected] The printed copies are expected to be ready for distribution during week 16.

The annual report is published in accordance with the reporting requirements of the European Single Electronic Format (ESEF). In accordance with the requirements of the ESEF, the annual report has been provided with XBRL tags. The ESEF files, in Swedish, can be downloaded at https://www.haldex.com/sv/corporate/investerare/finansiella-rapporter/arsredovisning-2021/.

In connection with the company’s internal control work, an error in historical periods regarding inventory in Region Americas has been discovered and corrected. In all material aspects, it is attributable to historical periods before 2018. In the annual report 2021, an adjustment has been made in the opening balance 2020 between equity, inventories and deferred tax assets, and with corresponding amounts at the end of 2020 and 2021. The adjustment has led to a reduction of SEK 45m on the opening balance for equity from January 1, 2020.

About Haldex

More than 100 years of powerful innovation gives Haldex unsurpassed expertise when it comes to braking systems and air suspension systems for heavy trucks, trailers and buses. The company lives and breathes its business with the goal to deliver robust and technically superior solutions which is founded in a deep insight in its customer’s reality.

Through focusing on Haldex’s core competences and the passion shared, the company can achieve the agility and flexibility that the market demands. Innovative collaborations are not only the core of its products, but its philosophy. The 2,000 employees, spread out across four continents, challenge the conventional on a daily basis in order to secure that the products delivered create a unique value to the customers and the end users. The company is listed on Nasdaq Stockholm and has a turnover of approx. 4.6 billion SEK.