Financial Obligation (Form 8-K)

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant

On October 29, 2025, Autoliv, Inc. (the "Issuer") issued EUR 300,000,000 of notes due October 29, 2030 (the "Notes"). The Notes have a coupon rate of 3.000% per annum, and the issue price of the Notes was 99.771% of the aggregate nominal amount of the Notes. The Notes were offered to third parties in denominations of EUR 100,000 and increments of EUR 1,000 above that. Autoliv ASP, Inc. (the "Guarantor") is guarantor of all payments due in respect of the Notes. An amount equivalent to the net proceeds from the offering of the Notes will be allocated to new or existing Eligible Projects which fall within the following Eligible Categories: Clean Transportation, Renewable Energy, Energy Efficiency or De-carbonization of Operations and Products.

The Notes were issued pursuant to the Pricing Supplement, dated October 27, 2025 (the "Pricing Supplement"), which supplements the base listing particulars (the "Base Listing Particulars") of the Issuer's EUR 3,000,000,000 guaranteed medium term note programme dated March 14, 2025 (the "EMTN Programme"). Copies of the Pricing Supplement and the Base Listing Particulars are filed as Exhibit 1.1 and 4.1 to this Form 8-K and is incorporated herein by reference.

Application has been made to The Irish Stock Exchange plc trading as Euronext Dublin for the Notes to be admitted to the official list of Euronext Dublin and to trading on the Global Exchange Market of Euronext Dublin.

The Notes were issued pursuant to Regulation S under the United States Securities Act of 1933, as amended (the "Securities Act"), and have not been and will not be registered under the Securities Act. The Notes may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from the registration requirements under the Securities Act. This Current Report on Form 8-K shall not constitute an offer to sell, or the solicitation of an offer to buy, any securities, including the Notes or any other securities of the Issuer or the Guarantor.