1. M A K E Y O U R N E T W O R K S M A R T E R Focus on video boosts sales Summary of 2005 Ray Mauritsson, CEO

2. Agenda  Summary 2005  Trends and market development  First quarter 2006  Outlook

3. 2005 in brief  Improved profitability  Growth within Video, +55%  Increased acceptance of network video  Intensified partnership  Product launches of smart and innovative network products  Important Awards

4. Financial performance 2005  Net sales: 895 MSEK (691)  Operating profit : 128 MSEK (51)  Earnings per share: 1.32 SEK (0,44)

5. Axis video growth

6. Network Domes & PTZ Cameras AXIS 225FD AXIS 214PTZ Fixed Cameras AXIS 207 AXIS 207W AXIS 206 Axis 206M AXIS 210A AXIS 211A AXIS 221 Axis product portfolio, video Video Servers AXIS 241SA AXIS 241QA AXIS 240Q AXIS 240Q Blade Axis Video Management & ADP Solutions AXIS Image Enhancer AXIS Camera Management

7. Global distribution and sales Axis Resellers System integrators End user Distributors

8. Totally: 5849 Partner Program Solution Gold 256 Authorized 5342 Solution Silver/ Premium 251

9. Axis world wide organization Sweden HQ Singapore Benelux France Nordics, EE & Russia UK China Australia Korea Taiwan San Diego Canada South America Boston Spain & Portugal Germany Italy Middle East & Africa Japan

10. Shipping & invoicing Logistic Centre Lund/Asia Manufacturing Asia/Europe Scalable production Component purchasing Forecasts Orders

11. Customer segments Retail Bank Transportation Government Education Industrial

12. 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.

13. Customer case - Transportation, Stockholm  300 network cameras as a first step  AXIS 225FD  2,000 cameras will be installed

14. Highlights January-March  Total growth + 47 %  Continued growth within Video + 69 %  Accelerating network video market  Big retail installations  Cooperation with Assa Abloy, Securitas and Lunds university

15. Highlights Q1, 2006  Net sales 257 (175)  Operating profit 38 (14)  Profit before tax 38 (14)  Profit after tax 27 (12)

16. Sales Q1, 2006 Print 11 % Video 85 % Other 2 % Americas 42 % EMEA 45 % Asia 13 % Scan 2 % *Q1 2006

17. Growth 10% Growth 40% Size and growth potential CCTV Network Video

18. Market leadership Professional Network Video Future outlook, Axis´ goals Focused product range Aggressive product development Intelligent solutions Focused business model Channel partnerships Focused employees and focused company