Sustainability report 2019

The auditor’s opinion on the statutory sustainability report To the annual general meeting of the shareholders in AAK AB (publ.), corporate identity number 556669-2850 Assignment and responsibility It is the Board of Directors who is responsible for the statutory sustainability report for the year 2019 and that it has been prepared in accordance with the Annual Accounts Act. The scope of the audit 2XU H[DPLQDWLRQ KDV EHHQ FRQGXFWHG LQ DFFRUGDQFH ZLWK )$5¶V auditing standard RevR 12 The auditor's opinion regarding the statutory sustainability report. This means that our examination of the statutory sustainability report is substantially different and less in scope than an audit conducted in accordance with International Standards on Auditing and generally accepted auditing standards in Sweden. We believe that the examination KDV SURYLGHG XV ZLWK VXI¿FLHQW EDVLV IRU RXU RSLQLRQ Opinion A statutory sustainability report has been prepared. Malmö, April 15, 2020 PricewaterhouseCoopers AB 6R¿D *|WPDU %ORPVWHGW Authorized Public Accountant Auditor-in-charge 80

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