{"url_path":"/sec/alv/8-k/2026-06-30/item-5-02","section_key":"item-5-02","section_title":"Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-06-30","source_url":"https://www.sec.gov/Archives/edgar/data/1034670/0001193125-26-289515-index.html","accession_number":"0001193125-26-289515","cik":"0001034670","ticker":"ALV","issuer_name":"AUTOLIV INC","edgar_url":"https://www.sec.gov/Archives/edgar/data/1034670/0001193125-26-289515-index.html","primary_entity_key":"0001034670","primary_entity_name":"AUTOLIV INC"},"word_count":302,"has_tables":true,"body_markdown":"Item 5.02\n\nDeparture of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.\n\nKevin Fox notified Autoliv, Inc. (the “Company”) on June 24, 2026 of his intent to resign from his position as the President, Autoliv Americas.\n\nAs set forth in an amendment to his employment agreement, Mr. Fox will remain in his current position through August 31, 2026, and thereafter will serve as executive senior advisor to the Chief Executive Officer of the Company through February 28, 2027 to support with the transition to his successor, unless otherwise agreed by the parties. The departure is not due to any disagreement between Mr. Fox and the Company.\n\nPer the terms of his employment agreement, as amended, Mr. Fox is entitled to his normal compensation through the duration of his employment.\n\nThe recruitment process for the successor President, Autoliv Americas has been initiated. Mr. Anthony Nellis, EVP Legal Affairs, General Counsel, and Secretary of the Company, will serve as the acting President, Autoliv Americas after August 31, 2026 until a successor is appointed. As set forth in an addendum to his employment agreement, during the period when Mr. Nellis serves as acting President, Autoliv Americas, his base salary shall be increased by 30%.\n\nA copy of the press release issued by the Company on June 26, 2026 is filed as Exhibit 99.1 to this report and is incorporated herein by reference. The foregoing description of the amendment to Mr. Fox's employment agreement and the addendum to Mr. Nellis' employment agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the amendment and the addendum, respectively, which will be filed as exhibits to the Company’s Quarterly Report on Form 10-Q for the period ending June 30, 2026."}