Introduction

This communications policy was adopted on 3 May 2004 by the Board of Directors of Scania.

Communication shall be used as a strategic management tool and is part of every manager’s leadership responsibility. It is a prerequisite for employee commitment and participation. Brand and strategy are developed and clarified by means of communication.

All communication shall be based on Scania’s core values, business operations and strategies as well as complying with the rules stated in the company’s registration contract with NASDAQ OMX Nordic Exchange Stockholm, referred to below as the Listing Contract, as well as the recommendations of the Swedish Industry and Commerce Stock Exchange Committee (Näringslivets Börskommitté, NBK) that have been incorporated into the Listing Contract along with other relevant rules.

Main principles

All communication from Scania, and the company’s relations with interest groups, shall be characterised by:

• speed, clarity, reliability and openness. Scania shall be organised to provide information quickly. Scania shall behave proactively, both internally and externally, and be known as a company willing to provide information.

• simultaneity. Information shall be announced in such a way that it is available to all parties simultaneously.

• relevance and coordination. Communication shall be useful for those to whom it is aimed. Communication with one interest group shall also take into account the interests of other groups.

• correctness. The company does not speculate about future developments or hypothetical events.

As for information to the capital market, the following applies:

The purpose of Scania’s information to the capital market is to make possible a true and fair assessment of the company.

Internal governance and spokespersons

The CEO, the members of the Scania Executive Board and the Head of Corporate Relations, as well as the person(s) to whom such responsibility is specially delegated, are entitled to speak on behalf of Scania. They are referred to below as spokespersons.

The CEO, the CFO and the Head of Corporate Relations decide on long-term guidelines for the company’s investment relations (IR) work.

Everyone who has contact with the capital market shall be informed of the rules in the Listing Contract.

Information activities and announcements

Corporate Relations, together with Corporate Control, is responsible for compiling the Annual Report, the year-end report and the interim reports as well as ensuring that the contents of these reports comply with the requirements in force. Scania’s Board of Directors approves the content of the full year and interim reports, after which they are immediately announced. The Annual Report and other financial reports from Scania are presented in Swedish and English.

Corporate Relations is responsible for practical arrangements related to the Annual General Meeting (AGM). Corporate Legal Affaires and Risk Management is responsible for ensuring that the AGM fulfils formal legal requirement.

Scania keeps arrangements and presentations that are organised for the capital market open to all capital market participants, including the media. At such an activity, one of Scania’s spokespersons shall be available. At individual meetings, at least two Scania representatives should participate. The simultaneity requirements in Scania’s information activities shall also be followed at such meetings.

Corporate Relations prepares and makes decisions on the announcement of press releases.

Reports, presentation material and press releases are published on Scania’s web site immediately after being announced. Corporate Relations is responsible for ensuring that all IR-related information on the web site is updated.

Scania enforces a four week “silent period” before the announcement of a report.

Forward-looking information

In principle Scania does not announce forecasts regarding information about earnings and revenue targets. In case Scania makes forecasts or forward looking statements Scania shall follow the rules in the Listing Contract."

Information leaks and rumours

Scania does not comment on rumours. If rumours have a strong impact on Scania’s share price, the company shall discuss possible actions with Stockholmsbörsen.