Haldex signs a multi-year contract with leading trailer manufacturer for supply of air disc brakes

The Haldex ModulT program is an innovative air disc brake platform developed specifically to meet increased customer demands on performance, robustness, service up-time, weight and total cost of ownership. The agreement includes the supply of both 22" and 19" ModulT versions. The deal is an important milestone to continue to grow in this segment, and further strengthens Haldex already strong market position for air disc brakes for Trailers in Europe. This is an important and strategic deal for Haldex but based on estimated order value it is not significant in relation to total sales for the Haldex Group.

"We are proud to have extended our partnership with this customer. Supplying the ModulT disc brakes adds a new dimension to our long-standing relationship", says Stephan Kulle, Executive Vice President EMEA.

For further information, please contact:

Stephan Kulle, Executive Vice President EMEA
Jenny Boström, Investor Relations Manager
Phone: +46 418 47 60 00
E-mail: ir@haldex.com

This information is information that Haldex AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the above-mentioned contact person, on May 31, 2022 at 17:30 CET.

About Haldex
Over 100 years of powerful innovation gives Haldex unsurpassed expertise when it comes to braking systems and air suspension systems for heavy trucks, trailers and buses. We live and breathe our business with the goal to deliver robust and technically superior solutions which is founded in a deep insight in our customer's reality. Through focusing on our core competences and the passion we all share, we achieve the agility and flexibility that the market demands. Innovative collaborations aren't only the core of our products, but our philosophy. Our 2 000 employees, spread out across four continents, challenge the conventional on a daily basis in order to secure that the products we deliver create a unique value to our customers and the end users. We are listed on Nasdaq Stockholm and have a turnover of approx. 4.6 billion SEK.

This document is essentially a translation of Swedish language original thereof. In the event of any discrepancies between this translation and the original Swedish document the latter shall be deemed correct.