Veoneer, Inc. (the “Company”) and Matthias Bieler, the Company’s Executive Vice President, Business Unit Europe, and a current named executive officer, entered into an amendment to Mr. Bieler’s employment agreement, pursuant to which Mr. Bieler’s title was changed to Executive Vice President, Vison and Driver Monitoring Systems, effective May 1, 2021. No other changes were made to Mr. Bieler’s employment agreement or compensatory arrangement with the Company.