ffiffieffiL#YDate 6th luly 2o11

To Whom It May Concern:

Amelie Danielsson

Amelie worked for ASSA ABLOY EMEA, in our head office in South London from 28thMarch 2011 until 8th July 2011. ASSA ABLoY is the global leader in door openingsolutions and has a turnover approaching 4bn Euros. The EMEA division has sales of1.4bn Euros and approx 10,000 employees across the region. During her time with theCompany Amelie worked for two areas of our business: Business Development, andMergers & Acquisitions. A summary of her activities and competence follows:

Business Development Activities :

Analvsis of Eurooean construction industry:

Amelie analysed market data from various sources (Euroconstruct/Eurostat) anddeveloped a report including evolution of key indicators across EMEA: e"g. constructionoutput, number of permits, residential/non residential indicators, etc. These slides wereused to support senior level meetings.

Pricing Strategy

Amelie participated in the implementation of the pricing project in Czech and Romania,analysing data, finding inconsistencies, making recommendations and professionallyliaising with and supporting the local teams. She quickly grasped the technicalities ofour complex product range and the objective of the process.

Competencies /Ski I ls.:

Amelie is a very diligent, determined and dedicated individual. She is able to articulateproblems in a structured manner and appears to be quite proficient at using MS Officeproducts (Excel, PowerPoint, etc.)She shows energy and enthusiasm in all tasks even when asked to do seemingly menialthings (like expense reports)

Mergers & Acquisitions Activities :

Amelie has been involved in the following assignments during her time with the EMEAM&A team:

o preparing a presentation profiling potential German acquisition targetsr presentation for a meeting in Russiao Qther ad-hoc work

Her tasks involved amongst other things researching, analysing sourced information,preparing slides and calculating financial ratios. She also participated in a number ofconference calls.

Overall, Amelie's quality of work has been very good and this has improved over time.Amelie was always keen to learn by asking questions on M&A and studying the reading

materials provided to her. She is confident enough to come up with own suggestionsand exhibits a matured and professional approach to performing assigned tasks.

Overall, Amelie has good interpersonal skills, is hardworking, motivated and has been avaluable addition to the team.

From my personal perspective, although I have not been involved in the detail of thework she has done, Amelie has been a pleasure to have in the office, always cheerfuland smiling and she has interacted well with all members of the team, not just in theareas where she has worked.

We all wish her well with her degree studies and are sure she will become a very usefulemployee in whatever field she chooses once she has finished her studies

\Bill HardingVP lluman Resources

ASSA ABLOY EMEAZK?ark,Units3&423, Commerce WayCroydon, CRO 4ZSFax: +44 (0) 208 667 3191