LEADING THE DEVLOPMENT OF THE SECURITY

INDUSTRY

Annual General Meeting, May 6, 2019

Magnus AhlqvistPresident and CEO

Strong growth throughout the year

• Good organic sales growth 6% (5)

• Wage cost increases on par with price increases

• Improved operating margin 5.2% (5.1)

• EPS (before IAC) 12% real change

• Two major transformation programs initiated

• Cash flow generation unsatisfactory

2018 – a very strong year

Sales and organic sales growth 2013–2018 Reaching sales of 100 BSEK in 2018

65 700

70 217

80 860

88 162

92 197

101 467

0

1

2

3

4

5

6

7

8

60 000

65 000

70 000

75 000

80 000

85 000

90 000

95 000

100 000

105 000

2013 2014 2015 2016 2017 2018

%MSEK Sales and organic sales growth

Operating income and margin 2013–2018Strong increase

3 329

3 505

4 089

4 554

4 697

5 304

4,0

4,2

4,4

4,6

4,8

5,0

5,2

5,4

2 800

3 200

3 600

4 000

4 400

4 800

5 200

5 600

2013 2014 2015 2016 2017 2018

MSEK Operating income / Operating margin

Earnings per share 2013–2018A solid sustainable development

5,07

5,67

6,67

7,24

7,87

9,17

0

1

2

3

4

5

6

7

8

9

10

2013 2014 2015 2016 2017 2018

SEK / Share EPS before IAC

Security Solutions and Electronic Security Double digit growth in all business segments

Security Solutions and Electronic Security

Real sales growth 21% (19)

• Sales BSEK 20.4 (16.7)

• A good number of mid-sized and strategically important solution contracts started, delivering a range of protective services

• Several electronic security companies acquired to enhance national platforms, e.g. in France andin the Netherlands

• The acquisition of the division Kratos Public Safety and Security in the US was completed in June

0%

1%

2%

3%

4%

5%

6%

7%

8%

9%

Q12016

Q2 Q3 Q4 Q12017

Q2 Q3 Q4 Q12018

Q2 Q3 Q4

7

Security Services North America Good momentum both in sales growth and operating margin

Operating margin per quarter

Organic sales growth 6% (5)

• Good portfolio momentum and solid client retention 91% (91)

• Security solutions and electronic security represented 17% (15) of total sales

Operating margin 6.1% (5.9)

• The operating margin was supported by toplineleverage, solid performance in risk management and good momentum of security solutions sales => strong improvement of the margin

Organic sales growth 4% (2)

• Strong client retention 93% (91)

• Almost all countries supported the development, especially Belgium, Germany and the guarding business in Turkey

• Lower refugee sales, almost 1% negative impact

• Security solutions and electronic security represented 21% (20) of total sales

Operating margin 5.6% (5.6)

• As planned, the cost savings program initiated in Q3 had a positive impact in Q4

8

Security Services Europe Strong client retention and improved cost control

0%

1%

2%

3%

4%

5%

6%

7%

8%

9%

Q12016

Q2 Q3 Q4 Q12017

Q2 Q3 Q4 Q12018

Q2 Q3 Q4

Operating margin per quarter

9

Organic sales growth 12% (13)

• Strong client retention 92% (91)

• Security solutions and electronic security represented 27% (24) of total sales

Operating margin 4.5% (4.2)

• Weak Q4 due to development in Argentina

• Spain showed strong performance throughout the year

0%

1%

2%

3%

4%

5%

6%

7%

8%

9%

Q12016

Q2 Q3 Q4 Q12017

Q2 Q3 Q4 Q12018

Q2 Q3 Q4

Operating margin per quarter

Security Services Ibero-America Strong sales growth and solid operating margin

Strategy

10

An important role in society and great opportunities

Good growth prospects

Economic prosperity

Increasing emphasis on security and safety

Technology Data and information

Innovation opportunity

370,000employees

#2NORTH

AMERICA

#1EUROPE

#2LATIN

AMERICA

GROWINGPRESENCE

AMEA

58markets

#1security services

provider

The power of presenceWe have leading market positions

• Values and Ethics code

• Integrity line

• Sustainability reporting, GRI

• UN Global compact

OUR WAY OF WORKING

• Securitas Toolbox

Our strength is built on oursecurity officers and culture

OUR VALUES

• Integrity

• Vigilance

• Helpfulness

ETHICS AND COMPLIANCE

We have a strong, loyal client basewith significant growth opportunities

150,000*clients

140Global clients

91%retention rate

* Excluding monitoring only clients

Since 2013, we have extended our offering from on-site guarding to protective services…

On-site guarding

Mobile guarding

Remoteguarding

Electronic security

Fire andsafety

Corporate risk

management

PROTECTIVE SERVICES

0%

4%

8%

12%

16%

20%

24%

2013 2014 2015 2016 2017 2018

Sales of security solutions and electronic security(share of Group total sales)

… with a special focus on developing electronic security

Combining protective services in a packaged offering = security solutions

Client value proposition

Protective services leadership

Modernization and efficiency

Key focus areas right now

We have a strong platform for future growth

2020 and beyond2015 onwards1990 onwards

Leader in Intelligent Services Data-driven innovation

Leader in Protective servicesIntegration of solutions

Leader in Security servicesGuarding and security capability

We now add our first intelligent products to our portfolio of security services

A first step; leveraging our size and access to relevant data

20

Leading the transformation

2018 was a very good year and we now have a strong platform for future long-term growth.

A future where Securitas continues to lead the transformation of the security industry.

THANK YOU