1. AXIS Communications - a world of intelligent networks Full year 2001 CEO Peter Ragnarsson CFO Jörgen Lindquist

2. Second half year 2001 Profitability and Positive Cash Flow

3. Financial performance Profitability and Positive Cash Flow… Increased operational efficiency Reduced capital tied up in operations Loss-making operations sold

4. Strategic position Year 2000 Network Infrastructure (LAN, Internet, etc) Network Value

5. Core offering World class solutions for easy-to-use, secure and efficient communication over networks

6. Network Camera & Video Server  Worldwide #1 Markets and market positions Network Printing  Worldwide #2 Network Scan & Store Network Wireless Access Axis ThinServer Technology

7. Investing for the connected future Intensive R&D ¬IP-based network connectivity ¬Direct access ¬Fast, reliable, economic and secure Seven new patents during 2001

8. End user Business model - spreading risk OEM Axis National distributor Value added distributor Reseller installer

9. An expanding customer base Ingram Micro Azlan Adimpo MicroP Allnet Fibrenetix NSM Storage EET Nordic Canon SONY Honeywell Securitas Minolta - QMS Panasonic Some recent distribution and industrial partnerships...

10. A complete distribution network Distributor partnerships ¬ Between 500 and 1,000 worldwide Reseller & Installer partnerships ¬ Between 50,000 and 100,000 worldwide

11. Some of our OEM partnerships Canon FujiXerox Minolta - QMS Sharp IBM SONY Apti/JBCC Intermec Palm Epson Panasonic

12. Sales Ongoing operations 12 months 2001 Sales 676 MSEK (642) Growth 5% * 2000 Proforma

13. Networked Office – Q4 2001 Strategic segment Profitable base Strengthened positions

14. Office Connectivity OEM – Q4 2001 Continuous demand for built-in Axis solutions Several major projects accounted for in Q4-2001 Strong orderbook 2002

15. Camera – Q4 2001 Digitalization Increased security awareness

16. Mobile Internet – Q4 2001 Strategic area Technology and market uncertainties Will be incorporated in other areas

17. Technology – Q4 2001 Increasing demand Several strategic customer contracts

18. Sales per division Ongoing operations MSEK 20012000 Networked Office292333 OEM12292 Camera243183 Technology42 Other931 ThinServer products671640 Mobile Internet51 Total676642

19. Investing for the future Intensive R&D agenda 151 MSEK year 2001 Corresponding to 22% of sales

20. EBIT by Quarter R&D overall ¬ 32 MSEK in Q4-2001 New structure ¬ 20 MSEK restructuring costs in Q2-2001 Profitability as planned proforma 2000 Q1Q2Q3Q4Q1Q2Q3Q4 20002001

21. EBIT analysis Q4-2001 Oct - Dec Oct - Dec MSEK 20012000 ThinServer products 201 Mobile Internet-4-34 Corporate functions-8-8 Axis excl. Netch 8-41 Netch--31 Total8-71 proforma Q4 2000

22. Ongoing operations, MSEK Sales per Quarter

23. Gross margin MSEK

24. Accounts receivables

25. Inventory MSEK

26. Liquid funds MSEK

27. Market trends Generally weak market conditions expected to remain at least until mid 2002

28. Axis 2002 Innovating exciting market opportunities Strong technology platform Global markets Proven business model spreading risk Profitable and cash flow positive

29. Outlook 2002 Taking the next steps in our Network Value strategy Despite weak market conditions, a positive EBIT and operational cash flow is expected

30. This is Axis World class solutions for easy-to-use, secure and efficient communication over networks