Caverion Acquires LukkoPro, Broadens Its Offering In Smart Security Services In Finland

Caverion Oyj CAV1V:

• CAVERION ACQUIRES LUKKOPRO AND BROADENS ITS OFFERING IN SMART SECURITY SERVICES IN FINLAND

• ACQUIRES LUKKOPRO AND BROADENS ITS OFFERING IN SMART SECURITY SERVICES IN FINLAND

• ACQUISITION IS A BOLT-ON ACQUISITION FOR CAVERION IN AREA OF SMART SECURITY AND SAFETY SERVICES

• WITH THIS ACQUISITION, CAVERION STRENGTHENS ITS POSITION ESPECIALLY IN LOCKING AND ACCESS CONTROL SERVICES

• TRANSACTION IS EXPECTED TO BE COMPLETED ON THURSDAY 1 DECEMBER 2022

• PARTIES HAVE AGREED NOT TO DISCLOSE TRANSACTION PRICE