Fagerhult

M&A Activity • Mar 9, 2017

AB Fagerhult (publ) Corp. No. 556110-6203 566 80 Habo Tel +46 36 10 85 00 headoffice@fagerhult.se www.fagerhultgroup.com

Press release 2017-03-09

Fagerhult completes the acquisition of WE-EF

Fagerhult has completed the acquisition of WE-EF and Flux Eclairage after receiving regulatory approval from the German Competition Authority. The acquisition is expected to have a positive effect on the earnings per share during 2017 and forward.

For more information see the press release from December 23, 2016. More information on WE-EF and Flux is available at http://www.we-ef.com and http://www.flux-lighting.com

WE-EF group companies included in this transaction are (Note: this includes all relevant WE-EF branded lighting operating companies):

• WE-EF LEUCHTEN GmbH; Bispingen, Germany
• WE-EF LEUCHTEN GmbH & Co. KG; Bispingen, Germany
• WE-EF TRADING & DESIGN GmbH; Bispingen, Germany
• WE-EF LUMIERE S.A.S.; Satolas-et-Bonce, France
• WE-EF LIGHTING Co. Ltd.; Bangplee, Thailand
• WE-EF HELVITICA SA; Geneva, Switzerland
• WE-EF LIGHTING Ltd. Nottingham, UK
• WE-EF LIGHTING Pty. Ltd.; Braeside, Australia
• WE-EF LIGHTING USA LLC; Warrendale, USA

Plus

• Flux Eclairage S.A.S.; Satolas-et-Bonce, France

The information contained in this press release is such that AB Fagerhult (publ) is required to disclose pursuant to the Swedish Financial Instruments Trading Act and/or the Swedish Securities Markets Act. The information was submitted for publication on March 9, 2017 at 16.15 CET.

Habo March 9, 2017

For more information, please contact:

Johan Hjertonsson CEO tel: +46 70 229 7793 e-mail: johan.hjertonsson@fagerhult.se

Michael Wood CFO Tel: +46 73 087 4647 e-mail: michael.wood@fagerhult.se

Fagerhult is one of Europe's leading lighting groups with approximately 2,800 employees and operations in over 24 countries. We create modern products and exciting, energy-efficient and environmentally-adapted lighting installations, successfully integrated into their individual environments. The Group includes such strong brands as Fagerhult, Ateljé Lyktan, LTS, Whitecroft Lighting, Designplan, I-Valo, Arlight, Eagle Lighting, Lighting Innovations and LED Linear. AB Fagerhult is listed on the Nasdaq OMX Nordic Exchange in Stockholm