Lagercrantz Group — M&A Activity 2013

Aug 16, 2013

PRESS RELEASE

Acquisition of Asept International AB

Today Lagercrantz Group has acquired all shares in the Swedish company Asept International AB.

Asept is a niche product company offering dispensing systems that are mainly used for liquidised foods. The patented products are utilised by global food product manufacturers, restaurant chains and by other sectors that need customised packaging and dispensing solutions. Use ofAsept's products minimises the need for preservatives, reduces customer costs, enhances exposure potential for food product manufacturers and delivers improved hygiene control. Asept generates total annual sales of about SEK 65 million, based on good profitability.

"Asept is a company with a leading position in its market niche and thus fits in well with our ambitions in the Niche Products division. Asept has displayed an innovative, stable and strong performance over a long period of time. As new owner, our intention is to continue developing the business based on the company's strong existing platform." commented Jörgen Wigh, President and CEO of Lagercrantz Group.

Sten Drennow, CEO and owner ofAsept: "With Lagercrantz as owner, Asept gains a financially-strong and long-term owner, providing even better opportunities to continue developing and expanding the company."

Asept will form part of the Lagercrantz Niche Products division as fromAugust 2013. The acquisition is expected to generate a small positive addition to the Group's earnings per share on an annual basis.

Stockholm, 16 August 2013

Lagercrantz Group AB (publ)

For further information please contact:

Jörgen Wigh, President and CEO, Lagercrantz GroupAB, tel +46 70 569 5477 Jonas Ahlberg, Vice President, Niche Products Division, Lagercrantz GroupAB, tel +46 76 790 4400

This information is being published in accordancewith the Act on Trading in Financial Instruments or the regulations of NASDAQOMXStockholm. The information hereinwas provided for publication at 1:05 p.m., 16 August 2013.

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 seven countries in Europe and inChina. TheGroup has about 950 employees and revenue of approximately MSEK2,500. 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.