Lagercrantz Group — M&A Activity 2013

Dec 3, 2013

PRESS INFORMATION

Lagercrantz acquires El-produkter AS

El-produkter designs, markets and sells LED-lighting including, inter alia, lighting design support. The products are sold under its own brand for the professional installer market in Norway. The company is headquartered in Ullsteinvik and has aggregate annual sales of over MNOK 50 with good profitability.

"For several years El-produkter has displayed a powerful offering to the installer market in Norway and in recent years has successfully introduced LEDproducts to their customers. Together with our existing companies within the lighting and lighting control services industry, we will now be getting a stronger offering for a growing industry", says Jörgen Wigh, President & CEO of Lagercrantz Group, in a comment.

Hallbjørn Leirvik, President and part-owner of El-produkter: "With Lagercrantz as owner we get a financially strong owner with a long-term outlook, which means that we will be able to continue developing and expanding the company. We are looking forward to the possibility to develop the company further within the Lagercrantz Group."

El-produkter will become part of Lagercrantz Group's division Electronics. The deal is expected to close during December 2013, after obtaining approval from, among others, the Norwegian competition authority. The acquisition is expected to generate a small positive contribution to consolidated earnings per share on an annual basis.

Stockholm, 3 December 2013

Lagercrantz GroupAB (publ)

For additional information, contact:

Jörgen Wigh, President & CEO, Lagercrantz GroupAB, telephone +46 70 569 5477 Ulf Gladh, Vice President Electronics, Lagercrantz GroupAB, telephone +46 70 673 0727

This information is being published in accordancewith the Securities Markets Act, the Act on Trading in Financial Instruments or the regulations of NASDAQOMXStockholm. The information hereinwas provided for publication at 12:00, 3December 2013.

LAGERCRANTZGROUPINBRIEF

Lagercrantz Group is a technology group that offers world-leading, value-creating technology, using either proprietary products or products fromleading suppliers. The group is comprised of more than 30 companies, eachwith a focus on a specific sub-market – a niche.Ahigh value-creation is common to all the subsidiaries, including a high degree of customisation, support, service and other services.

Lagercrantz Group is active in seven countries inNorthern Europe, and inChina. TheGroup has approximately 1000 employees and annual revenue of approximately MSEK2,500. The Company is listed onNASDAQOMXStockholmsince 2001.