Lagercrantz Group — AGM Information 2012

Aug 29, 2012

PRESS RELEASE

Annual General Meeting of Lagercrantz Group AB 28 August 2012

Resolutions including the following were passed by theAnnual General Meeting and the ensuing statutory Board of Directors Meeting held 28August 2012:

Dividend

A dividend of SEK 2.75 per share was declared in accordance with the proposal of the Board of Directors. Friday, 31August 2012 is record day for receiving dividend that is expected to be remitted by Euroclear SwedenAB Wednesday, 5 September 2012.

Discharge from liability for the directors and the President

TheAnnual General Meeting granted discharge from liability to the Board of Directors and the President for their management during 2011/12.

Board of Directors, CEO and Vice President

TheAnnual General Meeting passed a resolution in accordance with the proposal of the Election Committee. The following directors were re-elected:

PirkkoAlitalo Anders Börjesson Tom Hedelius Lennart Sjölund Roger Bergqvist Jörgen Wigh, President & CEO of Lagercrantz Group.

Anders Börjesson was re-elected by theAnnual General Meeting as Chairman of the Board of Directors. At the ensuing statutory Board of Directors Meeting Tom Hedelius was re-elected to serve as Vice Chairman of the Board of Directors and Jörgen Wigh was re-appointed as President & CEO. The entire Board of Directors with the exception of the President & CEO was elected to serve as the Company's Audit Committee. The Chairman and the Vice Chairman were appointed to serve as the Company's Remuneration Committee with the President & CEO submitting reports.

Magnus Söderlind was re-appointed as Executive Vice President.

Election Committee

TheAnnual General Meeting passed a resolution in accordance with the proposal of the year's Election Committee to authorise the Chairman of the Board of Directors to contact the largest shareholders by vote as of 31 December 2012 and ask these shareholders to appoint members who, together with the Company's Chairman, would constitute the Election Committee. The Election Committee shall consist of five members.

Principles for compensation to management

TheAnnual General Meeting passed a resolution in accordance with the proposal of the Board of Directors on principles for compensation and other terms of employment for management.

Issuance of call options on repurchased shares and conveyance of treasury shares to managers and members of senior management

In accordance with the proposal of the Board of Directors, and in a departure from the preferential rights of existing shareholders, theAnnual General Meeting resolved to offer managers and members of senior management to acquire call options on class B treasury shares. Up to 225,000 call options giving its holders the right to acquire a corresponding number of shares may be issued. Options shall be acquired at market value. The redemption price will be 120 percent of the average market price of the share during period 3 September 2012 – 14 September 2012. In order to encourage participation in the programme, an extra compensation shall be paid corresponding to the premium paid after two years, providing that the option holder's employment with the Group has not been terminated.

TheAnnual General Meeting also resolved to convey to the option holders up to 225,000 of the shares held in treasury at the set redemption price in conjunction with any utilisation of the of call options.

Repurchase and conveyance of treasury shares

In accordance with the proposal of the Board of Directors theAnnual General Meeting resolved to authorise the Board of Directors to buy and sell shares in the Company, on one or more occasions, such authorisation to remain valid until the next followingAnnual General Meeting. The purpose of repurchases is to enable the Board of Directors to adapt the Group's capital structure and to make possible future acquisitions of companies and businesses with payment in the form of shares in the Company, and to cover the Company's obligations under the incentive programme resolved.

Purchases shall be made via NASDAQ OMXStockholm at the price interval prevailing measured as the interval between the highest buy price and the lowest sale price. Purchases of own shares are limited in such a way that at no time may shares held in treasury exceed 10 percent of the number of shares outstanding in the Company.

TheAnnual General Meeting resolved to authorise the Board of Directors to sell treasury shares, without preferential right for existing shareholders, at a market price as remuneration in connection with acquisitions of businesses or companies, or to ensure delivery of treasury shares in existing incentive programmes, but not via NASDAQ OMXStockholm.

At the ensuing statutory Board of Directors Meeting, the Board of Directors decided to utilise the authorisation received to purchase shares in the Company during the period until the next followingAnnual General Meeting.

Lagercrantz GroupAB (publ)

For further information, contact:

Jörgen Wigh, President & CEO, Lagercrantz GroupAB, telephone +46 8 700 66 70. Bengt Lejdström, Chief Financial Officer, Lagercrantz Group, tel +46 8 700 66 73, or the company website at: http://www.lagercrantz.com.

This information is disclosed in accordancewith the Securities Markets Act, the Financial Instruments Trading Act or according to the agreement withNASDAQOMXStockholm Exchange. The informationwas submitted for publication on August 29 at 08:30.

LAGERCRANTZGROUPINBRIEF

Lagercrantz is a technology group in the areas of electronics, electricity, communication and related fields. TheGroup's companies deliver all its specialised products and solutions to other companies (B2B) and several of the companies areworld-leaders in their respective niches. Lagercrantz is active in eight countries inNorthern Europe and inChina. TheGroup has about 800 employees and revenue of approximately MSEK2,300. TheCompany's shares are listed onNASDAQOMXStockholmsince 2001.

The business is organised in four divisions. Division Electronics offers special products in embedded electronics, industrialwireless communication, RFIDand lighting control. Division Mechatronics offers electric connections systems, electric installation materials, electric and electro-mechanical components and cabling. DivisionCommunications offers products, systems, services and support in network access, digital image transmission/technical security, and software. DivisionNiche Products is theGroup's new division fromApril 2012. Here a number of interesting market positions will be built up primarily by acquiring profitable companies in interesting niches andwith a large element of proprietary products.