Update on Securitas Group tax rate following the US corporate tax reform

The new US corporate tax legislation, passed by the US Government on December 22 and effective as from January 1, 2018, will impact Securitas.Based on the information currently available, the new US tax legislation will reduce Securitas Group tax rate as of 2018 and going forward. Assessing the current tax base and tax matters, our best judgment is that our current full year Group tax rate of 28.5 percent in 2017 is estimated to reduce to approximately 25.5 percent as of the financial year 2018. Furthermore, the value of Securitas’ existing deferred US tax assets, for example pension