Press Release s74

Press release

Blieskastel, 24th February 2016

Hager Group acquires leading French provider for connected air quality and environmental monitoring solutions.

Hager Group is pleased to announce the acquisition of the French company Azimut Monitoring, a leading company in the field of air quality and noise monitoring for smart buildings and smart cities. The shareholders of Azimut Monitoring and representatives of Hager Group signed the contractual agreement in Francin (Savoie) on 29th January 2016.

Daniel Hager, CEO of Hager Group, stated that “air quality, noise nuisances and other environmental factors heavily influence our quality of living, at home and at work. These aspects are also a growing preoccupation for progressive city administrations concerned about their citizens’ environment.” Thanks to this strategic acquisition, Hager Group will further complete its solution portfolio for residential and commercial buildings.

Hager Group can now offer solutions that include best-in-class connected sensor technology for indoor and outdoor environments. The information gathered can be made instantly available and

Legal form: Societas Europaea Head office: Blieskastel Registration office: Saarbrücken HRB16434 Board of Directors: Daniel Hager (Chief Executive Officer), Philippe Ferragu, Bertrand Schmitt 06d0d6e1431313b9d910fef9a38409fa.docx 1/2 analysed for its customers in a highly secured way, compliant with privacy regulation. By doing so, the company enables corrective measures to be taken, with new service eco-systems, ultimately improving the attractiveness of its customers’ environment significantly.

Didier Dufournet, General Manager of Azimut Monitoring, emphasized the “synergies we are creating by integrating an industrial company like Hager Group that develops, produces and commercialises smart home and smart building solutions in 95 countries worldwide, thus paving the road towards more intelligent urban systems in the future.”

About Azimut Monitoring Since 2006, Azimut Monitoring develops and commercializes unprecedented connected technologies for environmental measurement. French market leader for professional air quality and noise monitoring, Azimut’s solutions have been implemented by about fifty communities and public entities, as well as by the key players in the real-estate and construction industry. On a national and European level, Azimut Monitoring is also very involved in research and working groups related to indoor air quality improvement in particular, and nuisances’ management in general. As a pioneer of innovative “smart building” and “smart city” solutions, Azimut Monitoring successfully developed a service-based business model linked to the rise of the ‘Internet of Things’ (IoT) and the value of business-critical data. Located in the Rhone-Alps region, Azimut Monitoring employs 11 people and generates revenues of 1.3 million euro. www.azimut-monitoring.com

About Hager Group Hager was founded in 1955 in Ensheim, Saarland - Germany. The group is today a leading supplier of solutions and services for electrical installations in residential, commercial and industrial buildings. Its range of solutions and services extends from energy distribution to cable management and from security systems to building automation. As an independent family-owned and run company based in Blieskastel, Germany, Hager Group is one of the industry's innovation leaders. 11,400 employees generate a turnover of 1.7 billion euro. Components and applications are produced in 23 locations around the globe and customers in more than 95 countries all over the world trust in them. www.hagergroup.com

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Contact Photos Claire Freudenberger Photo 1: Martin Kaiser (left), Group Business Services Manager Corporate Public Relations Director, and Didier Dufournet (right), General Manager Hager Group of Azimut Monitoring on 29th January. 132 boulevard de l’Europe - BP 3 67215 Obernai Cedex +33 (0)3 69 55 61 88 +33 (0)6 76 35 47 60 [email protected] LinkedIn: www.linkedin.com/in/clairefreudenberger