AFRY

Investor Presentation • Mar 4, 2014

Press Release from ÅF

For further information:
Jonas Wiström, CEO and President	+46 70 608 12 20
Stefan Johansson, CFO	+46 70 224 24 01
Viktor Svensson, Executive Vice President, Corporate Information	+46 70 657 20 26

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ÅF's 2020 Vision

In conjunction with ÅF's capital market day in Stockholm today, the following financial targets for the year 2020 will be presented.

• ÅF shall be the most profitable company among its closest peers and shall achieve an operating margin, EBIT, of at least 10 percent over a business cycle
• Annual sales will reach 2 billion euros by 2020
• The net debt to EBITDA ratio shall be within the range of 1.5–2.0 over a business cycle

Corporate Information ÅF AB

The ÅF Group is a leader in technical consulting, with expertise founded on more than a century of experience. We offer highly qualified services and solutions for industrial processes, infrastructure projects and the development of products and IT systems. The ÅF Group currently has more than 7,000 employees. Our base is in Europe, but our business and our clients are found all over the world.

ÅF AB (publ), SE-169 99 Stockholm, Sweden Visitors' address: Frösundaleden 2, Solna Phone +46 10 505 00 00. Fax +46 10 505 00 10. Registered office: Stockholm. www.afconsult.com Corp. ID 556120-6474. VAT no. SE556120647401. Certified according to SS-EN ISO 9001 and ISO 14001