Bulletin from Gunnebo AB’s Annual General Meeting, April 9, 2013

Adoption of the profit and loss statement and balance sheet
The profit and loss statements and the balance sheets of the parent company and
the Group were approved.
Dividend
In accordance with the proposal of the Board and the President, it was decided
on a dividend to the shareholders of SEK 1.00 per share (previous year SEK 1.00)
and that Friday, April 12, 2013, shall be the record date for receipt of the
dividend.
Election of the Board of Directors
Martin Svalstedt, Göran Bille, Bo Dankis, Mikael Jönsson, Katarina Mellström,
Tore Bertilsson and Charlotte Brogren were re-elected as members of the Board of
Directors. Martin Svalstedt was re-elected as Chairman of the Board.
Board fees
The AGM decided on a total fee to the Board of Directors for 2013 amounting to
SEK 1,800,000, to be divided with SEK 450,000 to the Chairman of the Board
(including remuneration for committee work) and with SEK 225,000 to each of the
other Board members elected by the shareholders, and a special fee of a maximum
of SEK 200,000 as compensation for committee work.
Nomination Committee
The AGM approved the proposal presented regarding the Nomination Committee and
its tasks.

Election of the Auditor
The AGM re-elected the registered auditing company Deloitte AB for the period
until the end of the Annual General Meeting of the Shareholders 2014.
Principles for remuneration to senior executives
The AGM approved the Board’s proposal regarding principles for remuneration to
senior executives.

Comments from President’s adress to the AGM
“The calendar year of 2012 has been a challenging one for Gunnebo. While
development in Europe has been weak, the Group has continued to invest in growth
on markets in Asia and America.

One important part of the Group’s strategy is to move the point of gravity of
our business outside of Europe. At the end of the year 39% of the Group‘s net
sales came from markets outside of Europe.

Order intake for 2012 increased to MSEK 5,250 (5,091) and net sales increased to
MSEK 5,236 (5,137).

Operating profit for the year, excluding expenses of a non-recurring nature of
MSEK -87 (7), amounted to MSEK 263 (317) and the operating margin to 5.0%
(6.2%). Profit after tax totalled MSEK 22 (230).

Net debt at year end amounted to MSEK 684 (299), and the equity ratio was 39%
(45).

During the year we have carried out a raft of strategic activities which have
considerably strengthened Gunnebo’s global market presence. In August we
acquired US’s second largest produced or physical security, Hamilton Safe.
Hamilton’s core business is a perfect fit for Gunnebo’s offering, extending our
core business within bank security and security for public administration
authorities. The acquisition also gives us a strong position in the world’s
second largest security market. Furthermore, we see great opportunities to
develop the business by introducing a selection of solutions from Gunnebo’s
global business portfolio to the US market.

Through investments in both production and in strengthening the sales
organisations, we have also strengthened our competitiveness in India, Indonesia
and China. In October we inaugurated a new sales company in Malaysia, which is
one of the fastest growing markets for physical security in the world right now.
Gunnebo Malaysia is expected to have a turnover of MSEK 50 during 2013 with a
profitability level well above the Group’s financial targets.

We have also continued to invest in developing the Group’s 5,700 employees
through leadership- and sales programs targeting different levels of the
organization.

In 2013, Gunnebo will continue to invest in growth on markets outside of Europe,
both by establishing our own sales companies and through acquisition. We will
also continue to invest in our service operation, which represents important
growth potential for us on all of the Group‘s markets.

Other priorities for Gunnebo in 2013 will be continuing to drive activities that
strengthen the gross margin, adopting further measures to reduce fixed costs in
Europe, further developing business within SafePay, and continuing the
integration and beginning to utilise the synergies in Hamilton Safe in the US,
which was acquired in 2012.

To assist us in this we have a strong financial position, a clear strategy, and
motivated employees who will continue to do their utmost to deliver value to the
Group’s owners, customers and business partners.

Gothenburg, April 9, 2013
GUNNEBO AB (publ)
Group Communications
For further information, please contact:
Per Borgvall, President & CEO, tel: +46 10 2095 000, or
Christian Johansson, CFO tel: +46 10 2095 000, or
Karin Wallström, IR & Communication Director, tel: +46 10 2095 026 or e-mail:
karin.wallstrom@gunnebo.com
www.gunnebogroup.com
Gunnebo discloses the information provided herein pursuant to the Swedish
Securities Markets Act and/or the Financial Instruments Trading Act. The
information was submitted for publication at 18.01 CET on April 9, 2013.
The Gunnebo Security Group provides efficient and innovative security solutions
to customers around the globe. It employs 5 700 people in 32 countries across
Europe, Asia, Africa, Australia and Americas, and has a turnover of €580m.
Gunnebo focuses its global offering on Bank Security & Cash Handling, Secure
Storage, Global Services and Entrance Control.

We make your world safer.