ASSA ABLOY — Capital/Financing Update 2018

Feb 14, 2018

To: Citibank, N.A., London Branch
Attention: Agency & Trust Services

13 February 2018

ASSA ABLOY AB (publ)
EUR 50,000,000 1.25 per cent. Fixed Rate Notes due February 2027
issued pursuant to the €2,000,000,000 Global Medium Term Note Programme

Dear Sir / Madam,

We hereby confirm that the Notes are intended to be held in a manner which would allow Eurosystem eligibility.

Intended to be held in a manner which would allow Eurosystem eligibility: Yes

Note that the designation "yes" does not necessarily mean that the Notes will be recognised as eligible collateral for Eurosystem monetary policy and intra-day credit operations by the Eurosystem either upon issue or at any or all times during their life. Such recognition will depend upon satisfaction of the Eurosystem eligibility criteria. The Notes will be deposited initially upon issue with one of the ICSDs acting as common safekeeper.

Please forward this letter to Clearstream Banking, S.A. and Euroclear Bank, S.A./N.V.

ASSA ABLOY AB (publ)

By:

By: