Lagercrantz Group — M&A Activity 2015

Jan 30, 2015

PRESS RELEASE

Acquisition of Excidor AB

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

Excidor, located in Bollnäs, Sweden, has a strong market position in control systems for mobile operator environments. The company's solutions are primarily found in forestry machinery, excavators and wheel loaders and generate combined annual sales of just over MSEK 30 with good profitability.

"Excidor is one of the leading players in its niche in the Nordic region. The business has displayed a stable and good performance for several years and the company will be a strong new unit in the Communications division with its new focus segment on control technology," says Jörgen Wigh, President & CEO of Lagercrantz Group.

Sören Byström, President and a former partner of Excidor: "With Lagercrantz as owner, we get a financially strong and long-term owner, which means that we can continue the development and expansion of the company with full force. We look forward to the opportunity to develop the company as part of the Lagercrantz Group."

Excidor will form part of the Lagercrantz Communications division as from February 2015. The acquisition is expected to generate a small positive addition to the Group's earnings per share on an annual basis.

Stockholm, 30 January 2015

Lagercrantz Group AB (publ)

For further information please contact:

Jörgen Wigh, President and CEO, Lagercrantz Group AB, telephone +46 8 700 66 70 Magnus Söderlind, Executive Vice President, Lagercrantz Group AB, telephone +46 8 700 66 70 or visit our website www.lagercrantz.com

This information is disclosed in accordancewith the Securities Markets Act, the Financial Instruments Trading Act or according to the agreement withNASDAQStockholmExchange. The informationwas submitted for publication on 30 January 2015 at 11:30.

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 some 35 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 1,100 employees and annual revenue of just over MSEK2,500. TheCompany is listed onNASDAQStockholmsince 2001.