Autoliv (ALV) SDConflict minerals disclosure

Exhibit 1.01

Conflict Minerals Report

In accordance with Rule 13p-1 under the Securities Exchange Act of 1934

Introduction

This Conflict Minerals Report (“Report”) of Autoliv, Inc. (“Autoliv” or the “Company” or “we”) for the year ended December 31, 2022 is presented to comply with Rule 13p-1 under the Securities Exchange Act of 1934 (“Rule”). Defined terms in this Report that are not otherwise defined herein are defined in the Rule and SEC Release No. 34-67716 issued by the Securities and Exchange Commission on August 22, 2012.

Conflict Minerals Program

Overview

Autoliv develops, manufactures and supplies automotive safety systems to the automotive industry with product groups consisting of (i) airbags and associated products, (ii) seatbelts and associated products, and (iii) other passive safety products. As a supplier of automotive safety products, we are knowledgeable of the design and material content of our products and the processes used to produce them. As a result, we have determined that many of our products contain gold, columbite-tantalite (coltan), cassiterite, wolframite, and their derivatives, tantalum, tin and tungsten (collectively, the “Covered Minerals”) necessary to the functionality or production of those products.

Pursuant to the Rule, we undertook a reasonable country of origin inquiry (“RCOI”) and performed due diligence measures on the source and chain of custody of the necessary Covered Minerals in our products that we had reason to believe may have originated from the Democratic Republic of the Congo (“DRC”) or an adjoining country (collectively defined as the “Covered Countries”) and may not have come from recycled or scrap sources, to determine whether such products were “DRC conflict free”. We use the term “conflict free” in this Report in a broader sense to refer to suppliers, supply chains, smelters and refiners whose sources of Covered Minerals did not or do not directly or indirectly finance or benefit armed groups in the Covered Countries.

Policy

As part of the Company management systems described further below, we implemented a Conflict Minerals policy that prohibits human rights abuses associated with the extraction, transport or trade of minerals. We also prohibit any direct or indirect support to non-state armed groups or security forces that illegally control or tax mine sites, transport routes, trade points or any upstream actors in the supply chain. We require the parties in our supply chain to agree to follow the same principles, and we are working with our supply chain to improve traceability of minerals and ensure responsible sourcing. Suppliers who manufacture components, parts, or products containing Covered Minerals must commit to only sourcing those materials from environmentally and socially responsible sources. A link to Autoliv’s Conflict Minerals Policy can be found at https://www.autoliv.com/sustainability/sustainability-reporting/conflict-minerals-reports. The websites referenced herein and the information accessible through such websites are not incorporated into this specialized disclosure report.

Description of Products

Certain products manufactured or contracted to be manufactured by Autoliv contain Covered Minerals necessary to the functionality or production of such products. Those product groups include, but are not limited to, (i) airbags and associated products, (ii) seatbelts and associated products, and (iii) other passive safety products.

For more information on the origin of the materials used in these products, please see “Due Diligence Results for the 2022 Calendar Year” below.

Design of Conflict Minerals Program

We adopted a policy and methodology in accordance with the Organisation for Economic Co-Operation and Development (“OECD”) Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas, Third Edition, and the related Supplements on Tin, Tantalum and Tungsten and on Gold (the “OECD Framework”), specifically as it relates to our position as a “downstream” purchaser. The five steps of this framework include: (1) establishing strong company management systems, (2) identifying and assessing risk in the supply chain, (3) designing and implementing a strategy to respond to identified risks, (4) carrying out independent third-party audits of smelter/refiner’s due diligence practices and (5) reporting annually on supply chain due diligence.

Description of RCOI

Autoliv conducted internal risk analysis to identify products for which Covered Minerals are necessary to the functionality or production of such product and mapped them to their respective vendors. The 2022 inquiry began with identifying the in-scope suppliers from our previous year’s inquiry that had not been phased out as an active supplier. In addition to this population, as a base for the identification process we used the International Material Data System (the “IMDS Database”) as well as Autoliv’s internal purchasing department database. This process allowed Autoliv to identify in-scope products and the corresponding suppliers, and to supplement any deficiencies in the IMDS Database with the additional information found in the internal database. Through this process, Autoliv identified in total around 250 active suppliers which are using, or likely to use, Covered Minerals in the products they supply to us.

The Company then surveyed the identified suppliers using the Automotive Industry Action Group’s “iPoint” platform, which is based on the Conflict Minerals Reporting Template (commonly known as the “CMRT”) published by the Responsible Minerals Initiative as part of its Responsible Minerals Assurance Process (“RMAP”). For those suppliers not able to use the iPoint platform the Company contacted them directly with the CMRT request. Based on this RCOI and the report of its third-party audit support, the Company had reason to believe that the necessary Covered Minerals may have originated in the covered countries and may not have come from recycled or scrap sources. Accordingly, the Company performed due diligence on its supply chain for calendar year 2022, as described in further detail below.

Due Diligence Measures

Establish Strong Company Management Systems (OECD Step 1)

In coordination with our RCOI, we conducted due diligence to collect information on our supply chain to identify the source of materials for the calendar year 2022.

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(a) Identify and assess risk in the supply chain (OECD Step 2)

(i) direct engagement of the smelter/refiner to attempt to obtain information regarding whether or not the smelter/refiner sources from the Covered Countries;

(ii) for smelters/refiners that declared directly or through their relevant industry association that they did not source from the Covered Countries, and were not recognized as conflict free by RMAP, the third party reviewed publicly available information to determine if there was any contrary evidence to the smelter’s/refiner’s declaration (the sources reviewed included: Public internet search (Google) of the facility in combination with each of the covered countries, review of specific NGO publications such as Enough Project, Global Witness, Radio Okapi and the most recent UN Group of Experts report on the DRC); and

(iii) for smelters that did not respond to direct engagement, the third-party reviewed publicly available sources to determine if there was ‘any reason to believe’ that the smelter may have sourced from the Covered Countries during the reporting period.

(b) Design and implementation of a strategy to respond to identified risks (OECD Step 3)

(c) Independent third-party audits of smelter/refiner’s due diligence practices (OECD Step 4)

Report annually on supply chain due diligence (OECD Step 5)

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Due Diligence Results for the 2022 Calendar Year

Autoliv’s Conflict Minerals process, as described above, allowed Autoliv to identify in-scope products and the corresponding suppliers. Autoliv then conducted a RCOI by surveying 254 identified suppliers, and Autoliv has received survey responses from 97% of these suppliers that were surveyed. However, the responses have not all been satisfactory in all material respects due to incomplete or inconsistent data. Based on the information collected in our RCOI and due diligence process (and after correction, review and removal of duplicates or otherwise unverified facilities), we have determined that the necessary Covered Minerals in our products are processed by our suppliers within 345 smelter/refinery facilities which are on the known smelter lists provided by the Responsible Minerals Initiative (“RMI”), as further described below and in Annex I. We believe forty-seven (47) of these smelters are sourcing, or there is reason to believe they may be sourcing, from the Covered Countries. Thirty-four (34) of these smelters are RMAP compliant. Regarding the remaining thirteen (13) smelters, we have engaged in risk mitigation efforts to (a) verify with internal stakeholders and relevant suppliers whether Conflict Minerals from the specific smelter were actually in the Company’s supply chain in the 2022 reporting period and/or (b) evaluate corrective or remediation actions based on a risk assessment. Autoliv’s policy, as a downstream purchaser of products, is to work with its suppliers to eliminate from its supply chain the high-risk smelters identified through the due diligence measures discussed above. We are also taking steps to address the non-responding suppliers, each of which we were directed to use by our customers.

We have been unable to determine the origins of some of our Covered Minerals. Because we cannot determine the origins of some of the Covered Minerals, we are not able to state that our products that contain such minerals are “DRC conflict free.” Consequently, we have not obtained an independent private sector audit of our due diligence measures.

Limitations and Risks in our Inquiry

The due diligence measures we have undertaken may provide only reasonable, but not certain, assurance regarding the source of the necessary Covered Minerals in our products. These measures are dependent on the data supplied by our direct suppliers and the data that those suppliers gather from within their supply chains to identify the original sources of the necessary Covered Minerals. Our assessment is also dependent on the sufficiency of the efforts undertaken and provided by independent third-party audit and verification programs, which may yield inaccurate or incomplete information. In some cases, our customers require us to use certain suppliers, which may impact our ability to obtain information from them and slow our ability to replace a non-conforming supplier.

The limitations described above may lead to certain risks, including, but not limited to: insufficiencies in product or product content information, insufficiencies in smelter data, omission or misidentification of suppliers in responses, errors or omissions by smelters in providing correct data to suppliers, lack of understanding regarding regulatory requirements for Covered Minerals disclosures to the SEC and insufficiencies in supplier education and knowledge, errors in or insufficiency of public data, lack of timeliness of data, language barriers and translation, oversights or errors in conflict free smelter audits and smuggling of Covered Minerals to countries beyond the Covered Countries.

Future Initiatives

The due diligence process discussed above is an ongoing and evolving process. As Autoliv continues to conduct due diligence on its products, it will continue to refine and improve procedures to meet the goals and adhere to values set forth in Autoliv’s Conflict Minerals policy. We currently expect that these improvements will include: (i) further engagement with suppliers and in the supply chain to improve the content of survey responses, (ii) improved documentation between the Company and its suppliers, (iii) engagement directly (or indirectly through suppliers) with smelters sourcing from the Covered Counties to encourage such smelters to become conflict free certified by the RMAP or other independent third-party audit program, and (iv) engage with suppliers to encourage compliance with Autoliv’s Conflict Minerals policy and consider process for de-sourcing high risk or noncompliant suppliers.

This Conflict Minerals Report was not subjected to an independent private sector audit as such audit is not required for this reporting period.

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Caution Concerning Forward-Looking Statements

Certain statements in this Report may be “forward-looking” within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “expect,” “intend,” “plan,” “project,” “believe,” “consider,” “estimate,” “target,” “anticipate” and similar expressions are generally intended to identify these forward-looking statements, although not all forward-looking statements contain such language. Examples of forward-looking statements include statements relating to our future plans, and any other statement that does not directly relate to any historical or current fact. Forward-looking statements are based on our current expectations and assumptions, which may not prove to be accurate. These statements are not guarantees and are subject to risks, uncertainties and changes in circumstances that are difficult to predict. Actual outcomes and results may differ materially from these forward-looking statements. As a result, these statements speak only as of the date they are made and we undertake no obligation to update or revise any forward-looking statement, except as required by law.

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ANNEX 1

Smelters marked with an (*) have been identified through the due diligence measures discussed above as high-risk smelters. Autoliv has not yet confirmed the presence of Covered Minerals from these smelters in its products as the due diligence regarding these smelters is incomplete. Autoliv’s policy, as a downstream purchaser of products, is to work with its suppliers to eliminate high-risk smelters from its supply chain.

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