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2014-04-24

Ericsson: Verizon Honors Ericsson with Top Performance Award for Corporate Social Responsibility

* Ericsson ranked highest in CSR among nearly 200 Verizon suppliers
* Score driven by Ericsson's robust CSR programs, comprehensive policies,
actions and results
* Commitment to CSR continues to enhance Ericsson's competitiveness

Ericsson (NASDAQ:ERIC) has been awarded Verizon's first Top Performance Award
for Corporate Social Responsibility (CSR). Ericsson ranked highest among
Verizon's top suppliers after the company conducted an extensive CSR
evaluation of nearly 200 of its top suppliers.

"Good suppliers help make Verizon a better company," said James Gowen, Chief
Sustainability Officer, Verizon. "Working with a world-class and responsible
supplier like Ericsson, makes us a better company everywhere we do business
around the globe."

Supply chain transparency is a core element of Verizon's own commitments
toCorporate Social Responsibilityand its mission to use its technology to
solve some of the world's most pressing problems in education, healthcare,
energy management and sustainability.

In 2013, Verizon assessed the CSR policies and practices of nearly 200 of its
top suppliers - based on their industry, the dollar value of Verizon's
spending with them, their geographic scale and the size of their business.
Verizon looked at the suppliers' policies for ethical, environmental, social,
human rights, labor and safety standards and practices that are embodied in
theVerizon Supplier Code of Conduct. Verizon also reviewed the actions of
suppliers in those areas and examined the results of CSR-related actions.

Ericsson received the highest CSR score - driven by its robust CSR management
system, its comprehensive policies, its actions and its results.

"Verizon and Ericsson make up an important part of the industry value chain
and together we are creating shared values for our companies as well as
society," said Elaine Weidman, Vice President, Sustainability and Corporate
Responsibility, Ericsson. "We are honored that Verizon has validated our
efforts with this prestigious award."

Ericsson recently published its21st Sustainability and Corporate
Responsibility reportsummarizing its performance during 2013. Highlights
include: a solidified approach to responsible business including rigorous
compliance processes; energy efficient solutions from the company's product
portfolio; and extended reach in providing access to communication for all,
including refugees and students in remote areas.

NOTES TO EDITORS

Download high-resolution photos and broadcast-quality video
atwww.ericsson.com/press

Ericsson's Technology for Good photo collection can be found
atwww.flickr.com/ericsson_images

Ericsson Sustainability report 2013 (PDF)

Ericsson is the driving force behind the Networked Society - a world leader in
communications technology and services. Our long-term relationships with
every major telecom operator in the world allow people, businesses and
societies to fulfill their potential and create a more sustainable future.

Our services, software and infrastructure - especially in mobility, broadband
and the cloud

- are enabling the telecom industry and other sectors to do better business,
increase efficiency, improve the user experience and capture new
opportunities.

With more than 110,000 professionals and customers in 180 countries,

we combine global scale with technology and services leadership. We support
networks that connect more than 2.5 billion subscribers. Forty percent of the
world's mobile traffic is carried over Ericsson networks. And our investments
in research and development ensure that our solutions - and our customers -
stay in front.

Founded in 1876, Ericsson has its headquarters in Stockholm, Sweden. Net sales
in 2013 were SEK 227.4 billion (USD 34.9 billion). Ericsson is listed on
NASDAQ OMX stock exchange in Stockholm and the NASDAQ in New York.

www.ericsson.com

www.ericsson.com/news

www.twitter.com/ericssonpress

www.facebook.com/technologyforgood

www.youtube.com/ericsson

FOR FURTHER INFORMATION, PLEASE CONTACT

Ericsson Corporate Communications
Phone: +46 10 719 69 92
E-mail:media.relations@ericsson.com

Ericsson Media Relations North America
E-Mail:kathy.egan@ericsson.com

Elaine Weidman
http://hugin.info/1061/R/1779816/608286.jpeg

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Ericsson via Globenewswire

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