AAK

July 16, 2021

AAK’s Interim report for the second quarter 2021 – record-high second quarter despite continued volatility and uncertainty

AAK Group · Total volumes increased by 14 percent, to 550,000 MT (481,000). · Operating profit, excluding items affecting comparability (adjusted operating profit) but including a negative currency translation impact of SEK 37 million, increased by 32 percent, reaching SEK 541 million (411). · AAK reported an item affecting comparability (IAC) of SEK 304 million, related to the proposed optimization of the company’s European bakery business. SEK 203 million of this has a non-cash flow impact. · Profit for the period amounted to SEK 103 million (324). Excluding IAC and related

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30

Securitas

July 30, 2021

Securitas, the world’s leading intelligent protective services partner, has agreed to acquire Tepe Güvenlik A.S., a leading electronic security company in Turkey. Through this acquisition, Securitas becomes number two in the monitoring market in Turkey, and the acquisition is in line with the Group’s strategy of doubling its security solutions and electronic security sales by 2023. The purchase price is approximately MEUR 10 (MSEK 100) on a debt-free basis. In 2020, Tepe Güvenlik’s annual sales were approximately MEUR 8.5 (MSEK 85), of which more than 70 percent were on a recurring monthly

Jul

29

Securitas

July 29, 2021

APRIL-JUNE 2021 · Total sales MSEK 26 499 (26 556) · Organic sales growth 8 percent (–4) · Operating income before amortization MSEK 1 471 (1 075) · Operating margin 5.6 percent (4.0) · Items affecting comparability (IAC) MSEK –259 (–61), relating to the previously announced transformation programs and the cost-savings program in the Group · Earnings per share SEK 2.09 (1.50) · Earnings per share, before IAC, SEK 2.64 (1.62) · Cash flow from operating activities 63 percent (248) JANUARY–JUNE 2021 · Total sales MSEK 52 313 (54 976) · Organic sales growth

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29

AAK

July 29, 2021

Warrants in the long-term incentive program (“Warrants Program series 2017/2022:2”) implemented at AAK AB’s (publ.) annual general meeting in May 2017 has been possible to exercise since September 2020. President and CEO Johan Westman has exercised warrants and has at the same time acquired an additional 18,000 shares in AAK. He now has a total holding of 54,000 shares. For more information, please contact: Gabriella Grotte Head of IR and Corporate Communications Mobile: +46 737 16 80 01 E-mail: gabriella.grotte@aak.com The information was submitted for publication at 10:10 a.m.

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