ASSA ABLOY is the global leader in door opening solutions with around 41,000 employees in over 60 countries. In 2011, the company had sales of approximately SEK 42 billion. It focuses on providing security, safety and convenience solutions for doors in residential and commercial settings. The company pursues growth through market presence, product leadership, and cost efficiency. It aims to be the world's most successful and innovative provider of door opening solutions.

1. ASSA ABLOY is the global leader
in door opening solutions, dedicated
to satisfying end-user needs for
security, safety and convenience
1

2. ASSA ABLOY is the global leader
in door opening solutions, dedicated
to satisfying end-user needs for
security, safety and convenience
2

3. ASSA ABLOY in brief 2011
 Own operations in more than 60 countries
 Authorized distribution covering the world
 About 41,000 employees
 Sales of about SEK 42 billion
3

4. Operating income* (EBIT)
Quarter, SEK M 12 months, SEK M
Run rate 6,624 MSEK (6,046), +10%
*Excluding restructuring costs 2006, 2008, 2009 and 2011.

5. ASSA ABLOY timeline
1994 – 2011
5

6. We have built
a world leader
 A clear and well
adopted strategy
 Trend towards
higher security
 Acquisitions successfully
integrated
6

7. Our vision
 To be the world-leader, most
successful and innovative provider
of door opening solutions
 To lead in innovation and offer
well-designed, convenient, safe
and secure solutions that create
added value to our customers
 To be an attractive company
to work for
7

8. ASSA ABLOY Strategy
Market
presence
+ + Product
leadership
Cost-
efficiency
=
Growth and
profitability
8

9. + Market
presence
A world-leading market
presence is achieved by
exploiting the strength of the
brand portfolio, increasing
growth in the core business
and expanding into new
markets and segments.
9

10. Solid
market position
 The leading brands
 A strong sales
channel position
 Local standards
adds to stability
10

11. Our business is total door opening solutions
seamlessly connected to the building

12. Our solutions meet
customer needs
Large customers
Institutional and commercial
customers such as airports,
hospitals, schools, shopping
malls universities and industry
Small and midsize customer
Characterized by each
customer’s need for
professional advice and
installation
Residential and Consumers
The majority of consumer sales
are replacements or upgrades
of existing security products

13. Our brand strategy
ASSA ABLOY as master brand
United sales force and progressive
implementation on products
Product brands capitalizing
on installed base
Four Global brands where
market position is unique

14. + Product
leadership
The Group’s product leadership
is achieved through the
continuous development of
products offering enhanced
customer value and lower
product costs.
14

15. Product leadership through innovation
 We are convinced that innovation is the most important driver for
growth
 We have more than doubled investments in R&D the last five years
and have over 1 200 engineers
 We assure long term competitive advantage by continuously
improving our products in terms of benefits, costs and quality

16. Increased share of fast growing products
– electromechanics
2000 2011
14 sek bn 42 sek bn
Security
doors
22%
Security
14% doors
20% Mechanical
locks &
Electronics/ accessories
Mechanical
electromech
locks & 38%42%
20% accessories
Electronics/
66% electromech
36%
42%

17. Some ASSA ABLOY products
17

18. Some ASSA ABLOY products
18

19. + Cost
efficiency
Efforts to increase cost-
efficiency continue in all areas,
including common product
platforms with fewer
components and common
product development.
19

20. Efficient manufacturing footprint

21. Radically reduce our break-even cost
through professional sourcing
 Limited number of suppliers
 Strategic partners
 Supplier agreements
 Category management
 Value Engineering
 Zero-defect suppliers

22. =
Growth
and
profitability
ASSA ABLOY creates
opportunities for increased
growth and profitability
through a strong focus on the
strategy’s three areas of
market presence, product
leadership and cost-efficiency.
22

23. Our growth drivers
 The new “electronic world”:
– electromechanical and digital
locking
– access control and secure
identity & issuance
– automatic doors
 Geographical and emerging
market expansion
 Increased need for security
 Higher expectations
 Acquisitions
 Branding
 Innovation – new solutions

24. ASSA ABLOY divisions 2011
Product % of
Offering Organization Group Sales
Mech & el mech
locks, cylinders &
Americas EMEA Asia Pacific 66%
security doors 21% 30% 15%
Electronic access Global Technologies 14%
& identity (HID & Hospitality)
Entrance
automation ASSA ABLOY Entrance Systems 20%
24

25. EMEA division 2011
 Europe, Middle East and Africa
 In 2011, EMEA grew by
5 percent and sales totaled
SEK 13,030 M
 The division has
10,100 employees
Share of Group
 Some of the leading brands Sales Operating income
are ABLOY, ASSA, TESA, (EBIT)
Yale and Vachette
30
30 31
31
34

26. Americas division 2011
 North and South America
 In 2011, Americas grew by
3 percent and sales totaled
SEK 8,906 M
 The division has
6,700 employees
Share of Group
 Some of the leading brands Sales Operating income
are Corbin Russwin, Curries, (EBIT)
Emtek, Medeco, Phillips,
SARGENT, Ceco, Yale and 21 26
La Fonte
26 30

27. Asia Pacific division 2011
 Asia, Australia and New Zealand
 In 2011, Asia Pacific grew by
13 percent and sales totaled
SEK 6,631 M
 The division has
15,800 employees
Share of Group
 Some of the leading brands in Sales Operating income
Asia are, Baodean, Guli, King, (EBIT)
iRevo Pan Pan, Shenfei,
Tianming, Wangli and Yale. In 15 13
Australia and New Zealand
Lockwood and Interlock

28. Global Technologies division 2011
 Operates worldwide with focus
on access control, secure
issuance of cards, RFID
identification technology and
hotel security
 In 2011, Global Technologies
grew by 24 percent and sales
totaled SEK 5,756 M Share of Group
 The division has Sales Operating income
(EBIT)
2,800 employees
 Leading brands are HID, 14 13
Fargo, Elsafe and VingCard

29. Entrance Systems division 2011
 Supplies complete solutions for
automatic doors and after-sales
services
 In 2011, Entrance Systems grew
by 115 percent and sales totaled
SEK 8,278 M
 The division has Share of Group
5,600 employees Sales Operating income
(EBIT)
 Leading brands are
Besam, Crawford, DITEC, 20 17
EntreMatic, Flexiforce and
Normstahl

30. ASSA ABLOY
Financial overview

31. Financial overview
2011
 Sales increased to
SEK 41,786 M (13%)
 Operating income (EBIT)
SEK 6,624 M (10%)
 Earnings per share
SEK 12.30 (13%)
 Operating cash flow
SEK 6,080 M (6,285)

32. Earnings per share
13,00
12,00
11,00
10,00
9,00
8,00
7,00
6,00
5,00
4,00
3,00
2,00
1,00
0,00

33. Sales split
Group overview
End users Recurring business Product mix
Electronic
New products
Residential Mechanical
construction
25% 33% 22% products
38%
Entrance
automation
After market
Commercial
20%
and institutional
67% Security
75% doors
20%

35. Sustainable development
Increased focus on sustainable products

36. The sustainable development program
in brief
2006 2007 2008 2009 2010 2011
Tools for Sustainability Sustainability Sales companies Increased audit Increased
supplier control program strategy for and offices are of suppliers in reporting of
product included in low-cost environmental
Employee survey development reported figures countries data
including
checklists Increased Targets for 2015 25 percent more
monitoring of are defined for Group companies
Employee survey energy all monitored included in
consumption and areas reporting
Marketing and CO2
sales training Employee survey Improved analysis
Launch of joint and benchmarking
Training in recruitment and opportunities
supplier control selection guide between Group
Updated Code of companies
Conduct Updated Code of
Conduct

37. Sustainability highlights 2011
 Number or reporting units increased to 256 from 204.
 493 sustainability audits were performed in low-cost countries,
compared to 376 in 2010. At the year-end, 461 active suppliers had
satisfied the minimum standards for quality and sustainability and were
classed as reliable.
 Two independent social compliance audits were performed in China.
 The ASSA ABLOY Code of Conduct was updated.
 ASSA ABLOY has adopted an Anti-Bribery policy that applies to the
whole Group. The policy is being implemented through face to face
trainings, webinars and an online e-learning tool available at ASSA
ABLOYs intranet (keyPoint).
 A gender-diversity target was established;
 30 percent of management positions filled by women in 2020.
37

38. People make
it all happen
 Our basic convictions and beliefs
 We have discipline and a focused approach
 We reward result and performance
 We give access to information
 We learn from our mistakes
 We never hide
 We practice business ethics
 We promote diversity
 We grow people through a clear task and
the authority to act
 We continuously recruit competent and
well educated people
 We give priority to internal recruitment
 We are each in charge of our own
professional career

39. Customer cases

40. Tamar goverment headquarters in Hong Kong
increases security with ASSA ABLOY
40

41. Flora Holland is tracking flowers
around the world with ASSA ABLOY
41

42. 41 Cooper Square, the new academic
building for The Cooper Union
42

43. South Carolina
Governor’s School
43

44. Eden Park in Auckland, New Zealand
is ready for 2011 Rugby World Cup
44

45. One of Beijing’s most exclusive addresses
chose ASSA ABLOY for security and design
45

46. Students gain access
with HID in Reykjavik
46

47. Landmarked hotel in Beirut increases
productivity and security with VingCard
47

48. The Hermitage in Saint Petersburg,
Russia secured by Abloy
48

49. Crawford helps Lidl to be the most
energy-efficient in the retail cool chain
49

50. Megadoor helps Cleveland Hopkins International
Airport control the climate during the cold
winter months
50

51. Besam helps Vietland hospital in the
Netherlands to provide comfort and security
51

52. iRevo is Korea’s largest supplier of
digital door locks with distribution in
Korea, China, the US and Europe
.
52

53. Berlin TV-tower secured by the
intelligent locking solution CLIQ
53

54. www.assaabloy.com