Securitas

December 11, 2023

The passing of Melker Schörling

On December 9, we received the sad news of Melker Schörling’s passing. Melker Schörling was appointed CEO and President of Securitas in 1987, concurrently becoming an owner, and shortly thereafter, Securitas was listed on the Stockholm Stock Exchange. In 1992, he became Chairman of the Board, a position which he held for 25 years until 2017.

On December 9, we received the sad news of Melker Schörling’s passing.

Melker Schörling was appointed CEO and President of Securitas in 1987, concurrently becoming an owner, and shortly thereafter, Securitas was listed on the Stockholm Stock Exchange. In 1992, he became Chairman of the Board, a position which he held for 25 years until 2017.

Melker was instrumental to the success of Securitas and began its international expansion, which has resulted in Securitas becoming the leading security and safety company in the world today.

The importance of sound values and good people was something Melker always emphasized, and he reinforced the value-driven, client-centric and long-term-focused culture the company has today. One example is the Melker Schörling scholarship, founded in 1992, offering Securitas’ employees an international educational opportunity.

- My thoughts are with Melker’s wife, his two daughters, and their families, says Magnus Ahlqvist, President and CEO Securitas. Already the first time we met, Melker made a lasting impression on me, both as a human being and an honest builder of long-lasting business value. Melker’s contribution to the company, his legacy and enduring influence on our culture and the lives of millions of people will never be forgotten.

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Hexagon has announced the acquisition of indurad, a global leader in radar and Real-Time Location Systems (RTLS) technologies, along with its autonomous haulage subsidiary, xtonomy. This strategic move underscores Hexagon’s commitment to advancing mine productivity, safety, and autonomy through cutting-edge technology. Key Benefits of the Acquisition: · Enhanced Mine Safety: indurad’s advanced radar-based collision avoidance systems mitigate risks in high-stakes mining environments. · Increased Productivity: Real-time ore tracking and measurement help automate mine workflows,
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As previously announced, Securitas has set a provision of MUSD 53 which was accounted for in the third quarter 2024 related to the U.S. Government investigation into Paragon Systems Inc., a U.S. based subsidiary within the business unit Securitas Critical Infrastructure Services. The settlement is now concluded at MUSD 52. In addition, other costs related to the investigation totals approximately MUSD 1. The settlement amount will be paid throughout 2025. Further information: Investors: Micaela Sjökvist, VP Group Investor Relations; +46 76 116 7443, micaela.sjokvist@
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