Assa Abloy is the global leader in door opening solutions, focused on security, safety, and convenience, with a significant presence in over 70 countries and sales reaching SEK 57 billion in 2014. The company emphasizes innovation, product leadership, and cost-efficiency as its main growth drivers, aiming to enhance customer value and expand into emerging markets. With a diverse range of brands and a commitment to continuous improvement, Assa Abloy targets a 10% annual growth rate and operates with a healthy operating margin of 16-17%.

1. ASSA ABLOY is the global leader in door opening
solutions, dedicated to satisfying end-user needs
for security, safety and convenience
ASSA ABLOY Group
Corporate presentation 2015

2. The global leader in door opening solutions
2
Own
operations
+70
countries
Employees
44,000
Sales SEK
57
billion

3. Share of Group sales 2014
Emerging markets 25% of sales
3
Local currencies.
Emerging markets comprise Africa, Asia, the Middle East, South America and Eastern Europe.
NORTH AMERICA
AND CENTRAL AMERICA
26%
36%
WESTERN AND
EASTERN EUROPE
6%
41%
ASIA AND
MIDDLE EAST
3%
16%
SOUTH AMERICA
21%
2%
AFRICA
17%
1%
AUSTRALIA
AND NEW ZEALAND
7%
4%
Change relative
to last year

4. ASSA ABLOY’s historical timeline
4

5. Our vision
 To be the world-leader, most
successful and innovative provider
of total door opening solutions
 To lead in innovation and offer
well-designed, safe, secure and
convenient solutions that create
added value to our customers
 To offer an attractive company
to our employees
5

6. Our growth drivers
6
 The new “electronic world”:
– electromechanical and
digital locking
– access control and secure
identity & issuance
– automatic doors
 Geographical and emerging
market expansion
 Increased need for security
 Higher expectations
 Acquisitions
 Branding
 Innovation – new solutions

7. 7
Market
presence
Product
leadership
Cost-
efficiency
Growth and profitability
10%
Annual
growth
16-17%
Operating
margin
TARGET
STRATEGY

8. 8
A world-leading market
presence is achieved by
exploiting the strength of the
brand portfolio, increasing
growth in the core business
and expanding into new
markets and segments.
Market presence

9. Solid market position
9
The leading brands Large installed base
A strong sales channel position Local standards adds to stability

10. Our business is total door opening solutions
seamlessly connected to the building
10

11. Our solutions meet customer needs
11
Large customers
Institutional and
commercial customers
such as airports, hospitals,
schools, shopping malls,
universities and industry
Residential and
Consumers
The majority of consumer
sales are replacements
or upgrades of existing
security products
Small and midsize
customer
Characterized by each
customer’s need for
professional advice
and installation

12. Product brands capitalizing
on installed base
Four Global brands where
market position is unique
Product brands, non endorsed
- Not associated with the ASSA ABLOY brand
Our brand strategy
12

13. The Group’s product leadership
is achieved through the
continuous development of
products offering enhanced
customer value and lower
product costs.
Product leadership
13

14. Product leadership through innovation
Innovation
Our driver for growth
R&D Investments
+ 100 percent since 2005.
More than 1 400 engineers today
Long term competitive
advantage
Continuous improvement
of products:
14
Benefits Costs Quality

15. Increased share of fast growing products
Electromechanical
15
2004 2014
26
SEK bn
57
SEK bn
53%
20%
27%
30%
20%
50%
Mechanical
locks &
accessories
Electro-
mechanical
Security doors
Security doors
Mechanical
locks &
accessories
Electro-
mechanical

16. 16
Some ASSA ABLOY products

17. 17
Some ASSA ABLOY products

18. Efforts to increase cost-
efficiency continue in all
areas, including common
product platforms with fewer
components and common
product development.
Cost efficiency
18

19. Efforts to radically reduce break-even costs
19
 Manufacturing
footprint program
 Professional sourcing
 Lean operations
 Value Analyzes and Value
Engineering (VA/VE)
 Seamless Flow

20. ASSA ABLOY creates
opportunities for increased
growth and profitability
through a strong focus on
the strategy’s three areas of
market presence, product
leadership and cost-efficiency.
Growth and
profitability
20

21. 21
ASSA ABLOY divisions 2014
Mech & elmech
locks, cylinders &
security doors
Electronic access
and identity
Entrance
automation
Americas
21%
EMEA
25%
Asia Pacific
14%
Global Technologies
(HID and Hospitality)
ASSA ABLOY Entrance Systems
Product
offering
Organization
% of
Group Sales
60%
13%
27%

22. EMEA division
2014
 Geographically adopted products
for Europe, Middle East and Africa
 In 2014, EMEA grew by 3 percent organically
and sales totaled SEK 14,753 M
 The division has 10,678 employees
 Leading brands:
ASSA ABLOY, Yale, ABLOY and Mul-T-Lock
22
Share of Group 25%
Sales
25%
EBIT

23. Americas division
2014
 Geographically adopted products
for North and South America
 In 2014, Americas grew by 4 percent
organically and sales totaled SEK 12,156 M
 The division has 7,193 employees
 Leading brands:
ASSA ABLOY, Yale, ABLOY and Mul-T-Lock
23
Share of Group 21%
Sales
27%
EBIT

24. Asia Pacific division
2014
 Geographically adopted products
for Asia, Australia and New Zealand
 In 2014, Asia Pacific grew by 1 percent
organically and sales totaled SEK 8,336 M
 The division has 13,439 employees
 Leading brands:
ASSA ABLOY, Yale, ABLOY and Mul-T-Lock
24
Share of Group 14%
Sales
13%
EBIT

25. Global Technologies division
2014
 Operates worldwide with focus
on access control, identification
assurance and hotel security
 Products marketed globally
 In 2014, Global Technologies grew by
1 percent organically and sales totaled SEK 7,207 M
 The division has 3,331 employees
 Leading brands:
HID and ASSA ABLOY
25
Share of Group 13%
Sales
14%
EBIT

26. Entrance Systems division
2014
 Supplies complete solutions
for entrance automation
 Products marketed globally
 In 2014, Entrance Systems grew by
4 percent organically and sales totaled SEK 15,409 M
 The division has 9,420 employees
 Leading brands:
ASSA ABLOY, Entrematic and FlexiForce
26
Share of Group 27%
Sales
21%
EBIT

27. Financial overview
2014
27
Operating
cash flow, SEK
8,238 M
+21%
Earnings per
share*, SEK
17.38
+17%
EBIT*, SEK
9,257 M
+17%
Sales, SEK
56,843 M
+17%
* Excluding restructuring costs 2013.

28. Sales
28
0
10 000
20 000
30 000
40 000
50 000
60 000
1994 201420041999 2009
M SEK

29. 3 000
4 000
5 000
6 000
7 000
8 000
9 000
10 000
600
1 100
1 600
2 100
2 600
3 100
Operating income* (EBIT)
*Excluding restructuring costs 2006, 2008, 2009 and 2011.
29
Rolling 12 months
Run rate 9.3 Bn SEK
(7.9), +17%
20142004 2009
M SEK

30. Sales split
Group overview
30
Residential
End users
25%
75%
Commercial
and institutional
New construction
Recurring business
33%
67%
After market

31. We are a true world leader
31
A clear and
well adopted
market
strategy
World
leadership
in innovation
An efficient
customer
oriented
organization
Operating in a growing market driven by improved
wealth, urbanization and a strong trend towards
increased safety and security

32. www.assaabloy.com