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Executive Team and Board of Directors reaffirm commitment to deliver strategy and continue compliance transformation journey

Speaking after the general meeting, Ericsson's Chief Executive Officer, Börje Ekholm said: "I understand the concerns raised by our shareholders and these are important matters. I want to state my commitment to continuing to lead Ericsson in the transformation of our company and its culture, executing on global 5G technology leadership, and strengthening our ethics and compliance performance to ensure lasting change." Speaking after the general meeting, Ericsson's Chief Executive Officer, Börje...
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Speaking after the general meeting, Ericsson's Chief Executive Officer, Börje Ekholm said: "I understand the concerns raised by our shareholders and these are important matters. I want to state my commitment to continuing to lead Ericsson in the transformation of our company and its culture, executing on global 5G technology leadership, and strengthening our ethics and compliance performance to ensure lasting change."

Ronnie Leten, Chair of Ericsson's Board of Directors added: "Börje and the Executive Team have the full support of the Board. We have made good progress but there is much still to do. Conducting business responsibly and with integrity is essential to driving real and positive change. During five years at the helm, Börje has led the focus on ethics and compliance and executed the performance turnaround of Ericsson. He has made the company a leader in 5G globally and established a course for growing in wireless enterprise."

"Ericsson's Board is committed in its support for the continued transformation journey both in the business, and ethics and compliance performance."

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Ericsson enables communications service providers to capture the full value of connectivity. The company's portfolio spans Networks, Digital Services, Managed Services, and Emerging Business and is designed to help our customers go digital, increase efficiency and find new revenue streams. Ericsson's investments in innovation have delivered the benefits of telephony and mobile broadband to billions of people around the world. The Ericsson stock is listed on Nasdaq Stockholm and on Nasdaq New York. www.ericsson.com

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