Based on our customer call-offs we expect organic sales for the first quarter of 2014 to grow by around 7% compared to the same quarter of 2013. Currencies are expected to have a slightly negative effect, resulting in a consolidated sales growth of around 6.5%. The operating margin, excluding costs for capacity alignments and antitrust investigations, is expected to be around 8%.

The indication for the full year is for organic sales growth of around 5% and an operating margin of around 9%, excluding costs for capacity alignments and antitrust investigations. Consolidated sales are also expected to grow by around 5% as effects from currencies are expected to be negligible.

Our capacity alignment program will extend into 2014. We expect the costs for the program to be in the range of $20 million to $40 million for the full year.

The projected effective tax rate for the full year 2014 is currently expected to be around 28%, excluding any discrete items, and is subject to change due to any other discrete or nonrecurring events that may occur.

Operational cash flow is expected to remain strong and to be at least $700 million excluding any potential cost for discrete items. Capital expenditures are expected to increase in support of our growth strategy and to be in the range of 4.5% to 5.0% of sales, an increase from 2013.

Consolidated sales increased by close to 15%, to $2,352 million from $2,052 million, in the same quarter of 2012. Currency effects were negligible, resulting in a similar organic sales* growth of close to 15%. This compares favorably to the organic sales growth of “more than 9%”

expected at the beginning of the quarter. The main reason that Autoliv exceeded its quarterly sales guidance was stronger than expected vehicle production volumes in all regions, particularly in China.

The strong growth in sales of airbag products (including steering wheels and passive safety electronics) was mainly driven by high growth for side airbags, electronics and steering wheels. Knee airbags, which grew by more than 50%, also contributed to this growth. All areas within airbags and related products showed double digit sales growth.

The growth in seatbelt products was primarily driven by strong sales growth in China and Europe. Japan and the Rest of Asia showed a decline due to low sales for certain platforms and unfavorable model shifts. The trend

of higher sales for more advanced and higher value added seatbelt systems continued globally.

All areas of active safety products (automotive radars, night vision systems and cameras with driver assist systems) showed organic growth. This was the third consecutive quarter that Active Safety grew by over 50%. Sales of radar products to Mercedes were particularly strong, but vision products to BMW and night vision to Mercedes also contributed. This was the first time quarterly sales in Active Safety exceeded $100 million.

All regions showed healthy organic growth* in the quarter. This can partly be attributed to the growth in light vehicle production, and partly to having high Autoliv content on well performing vehicle platforms.

Certain sales related to active safety products have been reclassified from the Americas to Europe. See the tables section of this report for updated figures.

Autoliv’s sales in Asia were $864 million. The Company divides its Asian sales in three parts, China, Japan and the Rest of Asia.

Sales from Autoliv’s companies in China grew organically by over 40% in the quarter. This continued strong growth was balanced between increases for domestic Chinese OEM’s and international brands. The territorial dispute between China and Japan in 2012, which negatively affected sales of Japanese cars in China that year, also contributed to the positive year over year comparison. Our strong performance was primarily due to high Autoliv content on the well performing Nissan Qashqai, as well as production volume increases for several Chinese models where Autoliv has high content, such as Great Wall with Haval’s H6.

Sales growth from Autoliv’s companies in Japan was due to sales increases with Mazda’s CX-5, Toyota’s RAV4, Mitsubishi’s eK Wagon and Honda’s Odyssey.

For Autoliv’s companies in the Rest of Asia (RoA), the sales growth came from South Korea with growth for Hyundai’s ix35 and Santa Fe, as well as KIA’s Sportage where Autoliv has high content. In India, overall sales were flat, as declining sales for models from Suzuki and Tata offset sales growth from the launch of Hyundai’s i10.

Sales from Autoliv’s companies in the Americas grew in both North and South America. Launches and production ramp-ups with Nissan, Chrysler and Toyota were the most important drivers of sales growth.

The 11% organic sales* growth from Autoliv’s companies in Europe was driven by increased radar sales with Mercedes as part of its on-going roll out of Collision Prevention Assist (CPA) across most of its platforms. High demand from premium brands, as well as Peugeot and Citroën, were also key contributors to higher sales.

For the fourth quarter 2013, gross profit was $60 million higher than in the same quarter 2012 mainly due to higher sales. The gross margin was unchanged, a result of the higher sales and lower raw material costs, offset by ramp-ups of capacity for growth, as well as adverse currency effects.

Operating income increased by $28 million to $203 million, or 8.6% of sales. Research, Development and Engineering (R, D&E) net, was $4 million higher, as a result of higher cost, partly offset by higher engineering income. Costs primarily related to capacity alignments, but also to the on-going antitrust investigations reduced operating margin by 1.4pp in the fourth quarter of 2013, compared to 0.9pp in the same quarter 2012. Therefore, operating margin*, excluding these costs, was 10.0%, compared to 9.4% of sales for the same period in 2012.

Income before taxes increased by $25 million to $195 million. Income attributable to controlling interest amounted to $100 million, a decrease from the fourth quarter of 2012. The effective tax rate was 48.3% compared to 17.6% in the same quarter of 2012. Discrete tax items increased the tax rate by 18.6pp and an unfavorable catch up effect by around 1pp. In the fourth quarter 2012, discrete tax items, net and a favorable catch up effect reduced the effective rate by 10.4pp.

Earnings per share (EPS) assuming dilution was $1.04 compared to $1.45 for the same period one year ago. EPS assuming dilution was negatively affected by an increase in the valuation allowance related to deferred tax assets of $39 million or $0.41 per share. This non-cash, non-recurring allowance is related to the inefficiencies in Europe and capacity alignment due to depressed volumes in the region. Capacity alignment costs and an unusually low effective tax rate in the fourth quarter 2012 due to discrete items also had a negative effect. This negative effect was partly offset by higher operating income. The adjusted EPS* assuming dilution was $1.70 compared to $1.58 for the same period one year ago.

The weighted average number of shares outstanding assuming dilution decreased to 95.5 million compared to 95.8 million in Q4 2012.

Cash flow from operations amounted to $299 million compared to $241 million in the same quarter of 2012. This was the second highest fourth quarter cash flow ever, despite voluntary contributions to a U.S. pension plan of $35 million.

Cash flow before financing* amounted to $190 million compared to $141 million during the same quarter of 2012. Capital expenditures net, of $112 million were $37 million more than depreciation and amortization expense in the quarter and $13 million more than capital expenditures during the fourth quarter of 2012.

During the quarter, operating working capital* decreased to 6.2% of sales from 7.9% on September 30, 2013. The Company targets that working capital in relation to the last 12-month sales should not exceed 10%.

Account receivables decreased in relation to sales to 66 days outstanding from 73 days on September 30, 2013, and from 67 days outstanding on December 31, 2012. Days inventory outstanding decreased to 29 days from 31 days, both on September 30, 2013 and December 31, 2012.

The Company’s net cash position* increased by $3 million during the quarter to $511 million at December 31, 2013. This was despite the Company’s repurchase of common shares amounting to $148 million, a quarterly dividend payment which reduced net cash by $48 million and voluntary contributions to a U.S. pension plan of $35 million. Gross interest-bearing debt decreased by $21 million to $619 million.

During the quarter, total equity decreased by $32 million to $4,000 million due to $148 million from repurchased shares, $52 million accrual for the declared dividend that will be paid in the first quarter and negative currency effects of $2 million. These negative effects were partially offset by $101 million from net income, $54 million from lower pension liabilities and $15 million from common stock incentives. Total parent shareholders’ equity was $3,981 million corresponding to $42.17 per share.

During the three month period from October to December 2013, global Light Vehicle Production (LVP) is estimated by IHS to have increased by over 6% compared to the same quarter in 2012. This was a marked increase compared to the growth of close to 3% expected by IHS at the beginning of the quarter.

In China, which accounts for more than 15% of Autoliv’s sales, LVP grew by close to 20%, an improvement of almost 11pp compared to the October estimate.

In Japan, which accounts for almost 10% of Autoliv’s sales, LVP grew by close to 12%, over 2pp more than the October estimate.

In the RoA, which represents 10% of Autoliv sales, LVP declined by close to 6%, more than 2pp less than the previous estimate for a decline of more than 8%.

In the Americas, which make up around one third of Autoliv’s sales, the LVP increased by over 2%, in line with IHS’s growth expectation at the beginning of the quarter. In North America, the increase was over 5% which is less than the 6% expected at the beginning of the quarter. In South America the decline was 8%, around 3pp less than the decline of almost 11% expected in IHS’s October forecast.

In Europe, where Autoliv currently generates around one third of its sales, LVP grew by over 3% compared to the same quarter in 2012, which was 3pp better than IHS’s estimate in October. In Western Europe the LVP grew by close to 6%, 3pp more than estimated at the beginning of the quarter. In Eastern Europe, the LVP declined by almost 1%, 3pp less than the 4% decline estimated at the beginning of the quarter.

Total headcount (permanent employees and temporary personnel) increased by nearly 1,000 people. In low cost countries the increase was over 1,200 people while the

headcount in high cost countries was reduced by over 200 people. For the full year 2013 the total headcount increase was around 5,500 people.

Consolidated sales increased to $8,803 million from $8,267 million in 2012. Excluding the effect from a 2012 divestiture and currencies, the organic sales* growth was 7%, which compares favorably to the growth of “more than 5%”, expected at the beginning of the fourth quarter

2013. All areas of the Company showed sales growth for the full year, with sales in China and of active safety products as the two individually most significant contributors. Together these two areas represented 70% of Autoliv’s organic sales* growth in 2013.

Sales of airbag products (including steering wheels and passive safety electronics) were favorably impacted by higher volumes of steering wheels, knee airbags, pedestrian protection airbags and passive safety electronics.

Sales of seatbelt products were particularly strong in China and South America. The reported sales were negatively affected by 0.6% from the divestiture of Autoliv Mekan AB in 2012. Additionally, the global trend towards more advanced and higher value-added seatbelt systems continued globally.

The strong increase in sales of active safety products (automotive radars, night vision systems and cameras with driver assist systems) resulted from growth in all areas of this business. Sales of radar related products were particularly strong, largely as a result of Mercedes’ decision to introduce CPA across most of its platforms. Sales of vision systems to BMW and night vision to Mercedes also contributed to the growth.

For the full year 2013, sales in Asia (China, Japan, RoA) represent 34% of total sales, the Americas 33% and Europe 33%. Sales continue to be balanced across the regions and 2013 marks the first time for Asia as the largest region in terms of sales. The main growth drivers in 2013 were China and Active Safety, which combined represented 70% of the organic sales* growth.

Sales from Autoliv’s companies in China grew rapidly with both Chinese and global OEMs. A number of models contributed, most importantly Great Wall’s M4 and Haval’s H6, Wuling’s Hongguang, Geely’s Emgrand, Jianghuai’s Refine S5, Nissan’s Teana and Sylphy, Ford’s Kuga and Focus and Hyundai’s Santa Fe.

Sales from Autoliv’s companies in Japan had slight organic growth despite declining LVP, with sales of high content export vehicles increasing during the year.

Sales from Autoliv’s companies in the RoA grew primarily through strong sales growth in Thailand, with Mitsubishi’s Mirage, and in South Korea as a result of a favorable model mix with KIA.

Sales from Autoliv’s companies in the Americas were positively impacted by increases in a number of models from Ford, such as the Fusion, and Nissan’s Pathfinder and Altima.

Sales from Autoliv’s companies in Europe were driven by sales to Mercedes through its roll out of CPA across most platforms and high sales for the E- and S-Class models. Increasing market share and strong growth for premium brands such as BMW’s 3-series and Land Rover’s Range Rover models contributed to the increased sales in Europe.

Gross profit increased by $58 million, primarily as a result of the higher sales. Gross margin declined by 0.5pp compared to 2012 mainly as a result of a combination of operational inefficiencies in Europe and Brazil, as well as adverse currency effects, primarily from the Japanese Yen, Turkish Lira and Brazilian Real. Lower raw material costs had a positive impact.

Operating income increased by $56 million to $761 million and the operating margin by 0.1pp to 8.6%. Research, Development and Engineering (R, D&E) net, was $34 million higher due to costs for growth and high engineering costs in Active Safety. The increase was partly offset by higher engineering income.

Excluding costs for capacity alignments and antitrust investigations the operating margin* was 9.2% compared to 9.7% for 2012. This decline was mainly due to the operational inefficiencies and adverse currency effects.

Income before taxes increased by $65 million to $734 million, $9 million more than the increase in operating income, mainly due to lower interest expense, net.

Net income attributable to controlling interest amounted to $486 million compared to $483 million in 2012. Income tax expense was $244 million compared to $183 million in 2012. In 2013, discrete tax items, net of $33 million increased the rate by 4.5pp. The effective tax rate was 33.2% compared to 27.4% for 2012 when discrete tax items net, reduced the rate by 0.6pp.

EPS amounted to $5.07 assuming dilution compared to $5.08 for 2012. EPS assuming dilution was negatively affected by an increase in the valuation allowance related to deferred tax assets of $39 million or $0.41 per share. This non-cash, non-recurring allowance is related to the inefficiencies in Europe and capacity alignment due to depressed volumes in the region. These effects were partly offset by the positive effect from lower capacity alignment costs. The adjusted EPS* assuming dilution was $5.82, unchanged from 2012.

The weighted average number of shares outstanding assuming dilution increased to 95.9 million compared to 95.1 million for the full year 2012.

Operations generated $838 million in cash and $461 million before financing compared to $689 and $330 million, respectively, during 2012. Capital expenditures net, amounted to $379 million and depreciation and amortization totaled $286 million compared to $360 million and $273 million, respectively, in 2012.

Autoliv’s net cash position increased by $151 million, to $511 million despite the common share repurchases of $148 million and dividends totaling $191 million.

Total equity increased by $224 million, due to $490 million from net income, $59 million from lower pension liabilities and $36 million from common stock incentives. These favorable effects were partially offset by dividends of $196 million, repurchased treasury shares of $148 million and negative currency translation effects of $17 million.

For the full year 2013, global Light Vehicle Production is estimated by IHS to have increased by more than 3% compared to the full year 2012. This was an increase compared to the growth of less than 2% expected by IHS in January 2013.

In China, which accounts for more than 15% of Autoliv’s sales, LVP grew by 14%, an improvement of more than 4pp compared to the January 2013 estimate.

In Japan, which accounts for almost 10% of Autoliv’s sales, LVP declined by 4%, 8pp less compared to the January 2013 estimate.

In the RoA, which accounts for 10% of Autoliv’s sales, LVP declined by close to 1%, compared to a growth of more than 4% expected at the beginning of 2013.

In the Americas which makes up around one third of Autoliv’s sales, the LVP increased by 5%, which was almost 2pp more than IHS’s growth expectation at the beginning of the year. In North America, the increase was 5% compared to the 3% expected at the beginning of the year. In South America, the increase was close to 6%, almost 2pp more than in the January 2013 forecast.

In Europe where Autoliv currently generates around one third of its sales, LVP was virtually flat which was 3pp better than IHS’s estimate in January. In Western Europe the LVP was almost unchanged, more than 5pp better than estimated at the beginning of the year. In Eastern Europe the LVP increased by 1%, 1pp less than estimated at the beginning of 2013.

Dividends

As previously announced, the Company declared an increase in the quarterly dividend to shareholders to 52 cents per share for the first quarter 2014, up from the previous level of 50 cents.

This dividend will be payable on Thursday, March 6, 2014 to Autoliv shareholders of record on the close of business on Thursday, February 20, 2014.

The ex-date when the shares will trade without the right to the dividend will be Tuesday, February 18, 2014.

Annual Meeting

The Board of Directors set May 6, 2014 as the date for the Annual General Meeting of Stockholders to be held in Chicago, IL, USA.

Only stockholders of record at the close of business on March 10, 2014 will be entitled to be present and vote at the Meeting. Notice of the General Meeting will be mailed to the holders of record in the last week of March 2014.

Next Report

Autoliv intends to publish the quarterly report for the first quarter 2014 on Friday, April 25, 2014.

Footnotes

Definitions and SEC Filings

Please refer to www.autoliv.com or to the Annual Report for definitions of terms used in this report. Filings with the SEC of Autoliv’s annual report to stockholders, Form 10-K annual report, quarterly reports on Form 10-Q, proxy statements, management certifications, press releases, current reports on Form 8-K and other documents can also be obtained free of charge from Autoliv at the Company’s address. These documents are also available at the SEC’s website www.sec.gov and at Autoliv’s corporate website www.autoliv.com.

“Safe Harbor Statement”

This report contains statements that are not historical facts but rather forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include those that address activities, events or developments that Autoliv, Inc. or its management believes or anticipates may occur in the future. All forward-looking statements, including without limitation, management’s examination of historical operating trends and data, as well as estimates of future sales, operating margin, cash flow, effective tax rate or other future operating performance or financial results, are based upon our current expectations, various assumptions and data available from third parties. Our expectations and assumptions are expressed in good faith and we believe there is a reasonable basis for them. However, there can be no assurance that such forward-looking statements will materialize or prove to be correct as forward-looking statements are inherently subject to known and unknown risks, uncertainties and other factors which may cause actual future results, performance or achievements to differ materially from the future results, performance or achievements expressed in or implied by such forward-looking statements. Because these forward-looking statements involve risks and uncertainties, the outcome could differ materially from those set out in the forward-looking statements for a variety of reasons, including without limitation, changes in global light vehicle production; fluctuation in vehicle production schedules for which the Company is a supplier, changes in general industry and market conditions, changes in and the successful execution

of our capacity alignment, restructuring and cost reduction initiatives discussed herein and the market reaction thereto; loss of business from increased competition; higher raw

material, fuel and energy costs; changes in consumer and customer preferences for end products; customer losses; changes in regulatory conditions; customer bankruptcies or divestiture of customer brands; unfavorable fluctuations in currencies or interest rates among the various jurisdictions in which we operate; component shortages; market acceptance of our new products; costs or difficulties related to the integration of any new or acquired businesses and technologies; continued uncertainty in pricing negotiations with customers, our ability to be awarded new business; product liability, warranty and recall claims and other litigation and customer reactions thereto; higher expenses for our pension and other postretirement benefits; work stoppages or other labor issues; possible adverse results of pending or future litigation or infringement claims; negative impacts of antitrust investigations or other governmental investigations and associated litigation (including securities litigation) relating to the conduct of our business; tax assessments by governmental authorities and changes in our effective tax rate; dependence on key personnel; legislative or regulatory changes limiting our business; political conditions; dependence on and relationships with customers and suppliers; and other risks and uncertainties identified under the headings “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our Annual Reports and Quarterly Reports on Forms 10-K and 10-Q and any amendments thereto. The Company undertakes no obligation to update publicly or revise any forward-looking statements in light of new information or future events. For any forward-looking statements contained in this or any other document, we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995, and we assume no obligation to update any such statement.