Gender balance and diversity ASSA ABLOY considers diversity in the organization to be a strength. The Group is striving to increase gender balance at all levels of the Group, including the number of women in senior positions. Local market understanding is a key success factor for ASSA ABLOY, as the company is characterized by its geographical expansion and new market development. As a result more than 90 percent of managers in the local ASSA ABLOY entities are recruited from the local community. ASSA ABLOY’s gender diversity policy facilitates systematic work on gender balance within the Group. Today, ASSA ABLOY works on increasing gender balance by: Making efforts to increase the percentage of women participating in ASSA ABLOY's leadership and development programs Focusing on the recruitment process – ASSA ABLOY gives priority to the underrepresented gender in connection with recruitment (provided the candidates' qualifications are equal) Making efforts to have one candidate from the underrepresented gender on the shortlist in each recruitment situation.