The Alelion code of conduct helps us maintain the clear values and principles to which we commit ourselves and also with regard to customers, business partners, suppliers,
society, politics, officials, and our shareholders.
Our credibility is based on the code. It sustainably shapes our good name and use of our products and therefore also our financial success.

Alelion complies strictly with national laws and regulations, and with international
agreements and treaties.

Alelion expects that all staff members and business partners will comply with rules and
regulations. This applies both to provision of services and also to national and especially
to the international marketing of products.

Alelion creates good relationships with appropriate authorities as well as political
institutions, and consults them when there are open questions (example with national
export authorities for clarification regarding exports to critical countries).

Bribery and corruption
The term bribery includes the direct or indirect offer and acceptance of gifts, loans,
payments, rewards, or other benefits with the purpose of creating or awarding an
advantage as part of our own business activities.

Alelion tolerates no corruption, and rejects any type of behaviour whatsoever that is, or
could be regarded, as corrupt.

Alelion does not accept financial or other favours if the donor expects or is rewarded with
an unjustified advantage as a result.

Alelion strictly forbids the payment or receiving of bribes, regardless of whether the
recipient is a public office holder or an employee of a private customer.

Information and security of information
Alelion undertakes to protect and treat confidentially the information entrusted by
customers, business partners, staff members, or other stakeholders.

Alelion respect the confidentiality of information and privacy of our customers, our
people and others with whom we do business. We comply with applicable laws,
regulations and professional standards in order to maintain the appropriate degree of
confidentiality and privacy.

The above stated particularly to information on technology and manufacturing, research,
and development processes, and also to personal data.

Alelion undertakes to ensure an appropriate standard of quality for information
processing. The handling of confidential information and of information technology
devices is described in detail in the further regulations.

Child Labour and young Workers
Alelion does not accept child labour. No person shall be employed at an age younger
than15 or younger than the legal age for employment if this age is higher than 15. All
legal limitations on the employment of persons below the age of 18 years must be

We acknowledge that according to the UN Convention on the Rights of the Child, a
person is a child until the age of 18. We recognise the rights of every child to be
protected from economic exploitation and from performing any work that is likely to be
hazardous or to interfere with the child's education, or to be harmful to the child's health
or physical, mental, spiritual, moral or social development.

The company therefor takes the necessary preventive measures to ensure that it does
not employ anyone below the legal age of employment. Furthermore, the company will
only do business with suppliers and sub-suppliers, complying to the statements above.

Conflicts of interest
Alelion obliges its staff members to disregard personal interests in all business activities,
and to separate them strictly from business interests.

Alelion obliges its staff members to make unavoidable conflicts of interest transparent,
and also to behave ethically correctly at all time.

Staff members and Management
Professionalism in dealing with each other
Alelion staff members and Management shall contribute to joint and successful
collaboration by taking the following to heart:

• I communicate openly and give honest feedback
• I accept responsibility and have a conscious approach to cost and risks.
• I am open to new, sustainable solutions, and I use changes as an engine to drive
our shared success.
• I work together with the team in an atmosphere of respect and trust, and I
continue to develop myself.

Training and knowledge
Alelion supports the continuing development of its staff members.

Alelion provides internal and external training corresponding to the need developing in
the company’s business, combined with the abilities within the company.
Alelion sustainably invest in the internal further development of staff members.

Equal opportunity and freedom from discrimination
Alelion is committed to maintaining a work environment that is free from discrimination,
harassment and violence.

Alelion support an integrated culture and do not accept any discrimination i.e. on the
basis of age, ethnic origin, ideology, religion, skin colour, nationality, political or other
convictions, gender, sexual orientation, physical condition, civil status, or membership of
employee union.

Alelion expects all staff members to behave respectfully to each other, regardless of
cultural differences or varying personal beliefs.

Health and safety
The health and safety of its staff is a central concern of Alelion. Alelion provide a safe
and healthy work environment and are committed to continual improvements.
Alelion provide industrial health management systems to ensure working conditions
which encourage and maintain good health.

Environmental protection
Alelion aspire to act in a manner that minimises the detrimental environmental impacts of
our business operations.

Alelion handles raw materials responsibly and uses production materials carefully.

Alelion supports sustainable production to achieve minimal environmental pollution.

Compliance and Importance of the code of conduct
The Alelion code of conduct defines how we should behave and conduct business in a
wide range of settings and situations. It is the responsibility of each of us to follow the
code of conduct and appropriately and help others to do so.

Compliance and behaviour in conformance with the Alelion code of conduct are
essential for the credibility and long term financial success for the company and the

All Alelion staff members will be informed if there are modifications or additions.

When non-compliance with our code of conduct is reported or otherwise suspected,
steps will be taken to investigate and, if appropriate, remedy the situation.

Non-compliance with our code of conduct also includes deliberately ignoring
infringements against the code of conduct by third parties, or impending the investigation
of violations.




2019-02-22 Year-end report Jan-Dec 2018

In the course of the fourth quarter our net turnover and order bookings continued to increase compared with the same quarter in the previous year (+31.6 and +11.3 per cent respectively) while profit on both group and parent company levels showed weak growth above all due to increased competition and increased cost inflation. The greater and greater need to adapt to a more sustainable use of energy makes the market for Alelion’s products in lithium-ion technology and systems for smart energy management one of the absolutely most promising and interesting.


2019-02-18 Alelion takes a loan of 50 MSEK from majority shareholders

Alelion Energy Systems AB (“Alelion” or “the Company”) has received short term shareholder loans of 50 MSEK (“Bridge Loans”) from majority shareholders Fouriertransform AB, Pegroco AB and Sammaj AB (“the Majority Shareholders”}. Today Alelion’s board also publish summons to an extraordinary general meeting on 2 April 2019. It is proposed that the general meeting decide to authorize the board amongst other things to make an equity issuance of shares for at most 135 MSEK (“the Equity Issuance”).


2018-09-03 Ministerial visit to Alelion's new factory powers up a shared green vision

Energy Minister Ibrahim Baylan discussed electric mobility, innovation and green energy with the West Swedish Chamber of Commerce and Alelion, while touring their brand new Lithium-Ion battery factory - at the heart of Sweden's largest green energy mobility initiative.


2017-03-02 Alelion is looking for new employees

Alelion is growing and is hiring to extend the team.


2016-12-13 New recruitments

Alelion reinforces with five new recruitments


2016-09-09 Cooperation between Alelion and Crown on Lithium-Ion forklift batteries

At the IMHX exhibition, starting September 13th in Birmingham, a selected range of Alelion’s energy storage products, such as the 48-Volt Lithium-Ion forklift batteries, will be visible at the Crown stand 10J61.


2016-09-08 Alelion continues expansion

We are pleased to welcome to our team Åsa Nordström and Magnus Spjelkavik.


2016-09-06 Alelion gets its first order outside of Europe. A distribution centre in Australia chooses lithium-ion batteries for their forklifts.

The total order value for the project runs up to SEK 12 million and Alelion has received its first partial order of SEK 4.45 million. A newly built central warehouse has chosen to equip its complete fleet of forklifts with lithium-ion-batteries from Alelion.


2016-09-05 Alelion undergoes ISO-audit without any remark

In September a current audit concerning ISO-9001 and ISO-14001 was performed without any remark


2016-06-21 Trading begins in Alelion on Nasdaq First North today June 21

Alelion Energy Systems AB (publ), a leading supplier of environmentally friendly lithium-ion energy storage systems for industrial trucks, implements listing of shares and warrants on the Nasdaq First North after passing the listing application. The first trading of the shares will be today 21 June 2016 and for TO1 on 30 June.


2016-04-11 Alelion Batteries AB is looking for a Sales Engineer

We are looking for sales engineers that likes and feels at home in an international environment.