NOTICE OF REDEMPTION To the Bondholders of Gunnebo Industrier Holding AB (publ) up to SEK 900,000,000 Senior Secured Callable Floating Rate Bonds due 2020 ISIN: SE0009888969

This notice of early redemption has been sent on 22 May 2019 to Bondholders directly registered in the
debt register (Sw. skuldbok) kept by Euroclear Sweden AB (the “CSD”). If you are an authorised nominee
under the Financial Instruments Accounts Act or if you otherwise are holding Bonds on behalf of someone
else on a Securities Account, please forward this notice to the holder you represent as soon as possible.

IRREVOCABLE NOTICE IS HEREBY GIVEN that, pursuant to Clause 9.4 (Voluntary total redemption
(call option)) of the terms and conditions for the up to SEK 900,000,000 Senior Secured Callable Floating
Rate Bond (the “Bonds”) issued by Gunnebo Industrier Holding AB (publ) (the “Issuer”), dated 10
May 2017, between the Issuer as Issuer and Nordic Trustee & Agency AB (publ) as Agent (the “Agent”)
(each term as defined therein) (the “Terms and Conditions”), the Issuer has chosen to exercise its voluntary
call option and to redeem all outstanding Bonds issued under the Terms and Conditions (the “Redemption”).

Terms defined in the Terms and Conditions shall have the same meaning when used in this notice, unless
otherwise defined herein.

In accordance with the Terms and Conditions, the Issuer hereby gives notice of the Redemption of the Bonds
in full to the Bondholders.

The Bonds will be redeemed in the manner set out in the Terms and Conditions. The Bonds will be subject to
Redemption in full in an amount corresponding to 101.25 per cent. of the Nominal Amount, together with
accrued but unpaid interest, on 27 June 2019 being the early redemption date.

The Redemption amount will be paid to each person who is registered as owner of Bonds in the debt register
(Sw. skuldbok) maintained by Euroclear Sweden at the end of business on 19 June 2019.

In connection with the Redemption, the Bonds will be de-listed from Nasdaq Stockholm.

This notice of Redemption is governed by Swedish law, and is, for the avoidance of doubt, not an offer to
purchase or sell financial instruments.

For further information, please contact the Issuer or the Agent at:
Gunnebo Industrier Holding AB, 
c/o Gunnebo Industrier AB, Vasagatan 20 A, 722 15 Västerås
Fredrik Wiking, President & CEO / Magnus Bergendorff, EVP & CFO /
+46 21 838 218 / +46 21 838 202

Nordic Trustee & Agency AB (publ), P.O. Box 7329, 103 90 Stockholm
+46 8 783 79 00

Gunnebo Industries is global leader in innovating, developing, manufacturing and selling products for material handling
and other related applications. We supply the market with products such as blocks, sheaves, components for chain-
and wire rope slings, shackles and chain, produced in Sweden, Norway and USA. We have 9 sales offices covering
every continent, as well as partners and distributors in additional 50 countries, making our products available no matter
where in the world they are needed. The quality of our products and expertise ensures a safe and efficient operation,
every time during all circumstances.