M A K E Y O U R N E T W O R K S M A R T E R

Strong trend for

Network Video continuesJanuary - March 2006

Ray Mauritsson, CEO

Today`s Agenda

This is Axis Highlights Q1-2006 World wide organization The value chain Questions & Answers

Axis’ two main product areas

Network Video Solutions Worldwide #1 position Axis’ largest product area,

85% of sales*

Installed base of more than 700,000 units

Network Print Servers Worldwide #2 position 11% of Axis’ sales*

Installed base of more than 3,000,000 units

*Q1 2006

Highlights January-March

Total growth + 47 % Continued growth within Video + 69 % Accelerating network video market Big retail installations

Highlights Q1, 2006

Net sales 257 (175) Operating profit 38 (14) Profit before tax 38 (14) Profit after tax 27 (12)

020406080

100120140160180200220240260

Other Video

EBIT by quarter

-10-505

1015202530354045

Q1-04

Q2-04

Q3-04

Q4-04

Q1-05

Q2-05

Q3-05

Q4-05

Q1-06

Mkr

Q1-2006: Gross margin:

53,8 % (52,4 %) Operating margin:

14,8 % (8,0 %) Profit margin:

14,7 % (7,9 %)

Note: 2004 figures IFRS adjusted

Sales Q1, 2006

Print11 %Print11 %

Video85 %Video85 %

Other2 %

Other2 %

Americas42 %

Americas42 %

EMEA45 %

EMEA45 %

Asia13 %Asia13 %

Scan 2 %

Scan 2 %

*Q1 2006

World wide organization

SwedenHQ

Singapore

Benelux

France

Nordics, EE& Russia

UK

China

Australia

Korea

Taiwan

San Diego

Canada

SouthAmerica

Boston

Spain &Portugal

Germany

Italy

Middle East& Africa

Japan

Shipping &invoicing

Shipping &invoicing

Logistic CentreLund/Asia

Logistic CentreLund/Asia

ManufacturingAsia/Europe

ManufacturingAsia/Europe

Scalable production

ComponentpurchasingComponentpurchasing

ForecastsForecasts

OrdersOrders

Global distribution and sales

Axis

ResellersSystem

integrators

End user

Distributors

Application Development Partners

Assist partners to fully integrate Axis network products into end user solutions

Increased numbers of partners 300 partners within the program

Customer segments

Retail

Bank Transportation

Government Education

Industrial

Customer case – Retail, USA

1,000 AXIS network cameras – as a first step

Major US national retailer

9,000 additional cameras expected for coming years.

Customer case - Transportation, Stockholm

300 network cameras as a first step AXIS 225FD 2,000 cameras will be installed

Market leadershipProfessional Network Video

Future outlook, Axis´ goals

Focused product range• Aggressive product development• Intelligent solutions

Focused business model• Channel partnerships

Focused employees andfocused company

Questions & Answers