On November 9, 2026, Autoliv, Inc. filed a Current Report on Form 8-K announcing updates to its Board of Directors and corporate bylaws. The filing details the expansion of the Board's size and specific amendments to the company's governance structure.
The Board of Directors expanded its size from nine to ten members and elected Mr. Joachim Rosenberg to fill the vacancy, effective immediately. Mr. Rosenberg’s term expires at the 2027 Annual Meeting of Stockholders. He most recently served as Executive Vice President, Volvo Group Strategic Initiatives and President, Volvo Energy from January 2023 to September 2024. Prior to this, he held senior leadership roles within the Volvo Group, including Executive Vice President of the Volvo Group and Chairman of UD Trucks. Mr. Rosenberg also has an eight-year tenure at McKinsey & Company, Inc., focusing on the automotive sector. He currently serves on the boards of Johnson Matthey Plc and several privately held European companies.
In addition to the new director appointment, the Board amended the Company’s Third Restated By-Laws, effective November 9, 2026. The amendments to the Fourth Restated By-Laws were made to modernize the advance notice provision regarding stockholder nominations. This includes updates to notice deadlines to address SEC rules regarding universal proxy cards. The bylaws also require additional information about persons nominated for election as directors, including disclosure of derivative, hedging, and similar transactions, as well as a consent to a background check. Furthermore, the filing states that the bylaws were amended to adopt a forum selection provision designating Delaware or federal courts as the exclusive forum for certain claims against the Company.
The filing also reports on the Company's financial governance. The Board declared a quarterly dividend of $1.00 per share for the fourth quarter of 2026. The dividend is payable on Wednesday, December 9, 2026, to holders of common stock, and Thursday, December 10, 2026, to holders of Swedish Depository Receipts. The record date for the dividend is the close of business on Friday, November 20, 2026.
