Press release: Offer document to the shareholders of Cardo announced This press release is not and must not, directly or indirectly, be distributed or made public in Australia, Canada, Japan, New Zealand or South Africa. The offer is not being made to persons in those jurisdictions or elsewhere where their participation requires further offer documents, filings or other measures in addition to those required by Swedish laws. This information is made public in accordance with the Securities Markets Act and NASDAQ OMX Stockholm’s takeover rules. This is a translation of the original Swedish language press release. In the event of a dispute, the original Swedish wording shall prevail. The offer document regarding ASSA ABLOY AB’s (”ASSA ABLOY”) cash offer to the shareholders of CARDO AB (publ) (”Cardo”) to tender all shares in Cardo to ASSA ABLOY (the “Offer”), has today been announced on ASSA ABLOY’s website www.assaabloy.com and on SEB’s website www.seb.se/prospekt. The offer document and the acceptance form will be distributed to shareholders in Cardo whose shares are directly registered with Euroclear Sweden AB as of February 8, 2011. The offer document will be provided at ASSA ABLOY AB, Klarabergsviadukten 90, 107 23 Stockholm, Sweden and at SEB Enskilda, Kungsträdgårdsgatan 8, SE-106 40 Stockholm, Sweden. Timetable for the Offer Publication of the offer document: February 8, 2011 Acceptance period: February 10 – March 11, 2011 Approval from relevant competition authorities: March 9, 2011 Announcement of acceptance level: March 15, 2011 Settlement: March 18, 2011 ASSA ABLOY reserves the right to amend the timetable and to extend the acceptance period for the Offer, as well as postpone the date of settlement. Settlement will not commence until ASSA ABLOY has received all necessary regulatory clearances and approvals required to consummate the Offer. For more information please contact: Johan Molin, President and CEO, Tel: +46 8-506 485 42 This information is made public in accordance with the Securities Markets Act and NASDAQ OMX Stockholm’s takeover rules. The information in this press release was submitted for publication on February 8, 2011, at 13.30 (CET).