Proffice Interim Report January-June 2013 PRESS RELEASE

PRESS RELEASE                   Stockholm 2013-08-21 Increased profitability compared with first quarter Q2 2013 year-on-year comparison · Revenue decreased 13 per cent to SEK 1,130 million (1,295) · Other operating income totalled SEK 0 million (13) · EBITA and operating profit declined 44 per cent to SEK 30 million (54) · EBITA and operating margin totalled 2.7 per cent (4.2); excluding other operating income, the corresponding margin totalled 2.7 per cent (3.2) · Basic earnings per share totalled SEK 0.32 (0.55) · Cash flow from operating activities totalled SEK 2 million (-73) YTD 2013 year-on-year comparison · Revenue decreased 12 per cent to SEK 2,192 million (2,495) · Other operating income totalled SEK 0 million (13) · EBITA and operating profit declined 57 per cent to SEK 40 million (94) · EBITA and operating margin totalled 1.8 per cent (3.8); excluding other operating income, the corresponding margin totalled 1.8 per cent (3.2) · Basic earnings per share totalled SEK 0.51 (0.90) · Cash flow from operating activities totalled SEK 46 million (-124) Financial overview Q2 Change YTD Change Full year Group 2013 2012 quarter 2013 2012 YTD 2012 Revenue,   SEK million 1,130 1,295 -13% 2,192 2,495 -12% 4,876 Other   operating income, 0 13 - 0 13 - 40 SEK million* EBITA,   SEK million 30 54 -44% 40 94 -57% 110 EBITA   margin, per cent 2.7 4.2 - 1.8 3.8 - 2.3 Operating   profit, SEK 30 54 -44% 40 94 -57% 110 million Operating   margin, per 2.7 4.2 - 1.8 3.8 - 2.3 cent Profit   after tax, SEK 22 39 -44% 35 65 -46% 78 million Basic   earnings per share, 0.32 0.55 -42% 0.51 0.90 -43% 1.11 SEK Diluted   earnings per 0.32 0.55 -42% 0.51 0.90 -43% 1.11 share, SEK Cash   flow from operating 2 -73 - 46 -124 - 0 activities, SEK million Cash   flow from operating activities per share,   SEK 0.03 -1.06 - 0.67 -1.81 - 0.00 Basic   equity per share, 7.47 7.27 3% 7.47 7.27 3% 7.46 SEK Return   on equity, per 9.7 26.3 - 9.7 26.3 - 12.9 cent *Deviation between actual additional purchase price from previous acquisitions and expected outcome. Comments from Lars Kry, CEO Increased profitability compared with first quarter After several quarters marked by market turmoil, we can discern a certain optimism in the economic figures. Overall, we seem to see a slightly more positive business climate for our customers and an increase in activity levels. Our main business areas, Office & Customer Service and Industry & Logistics, grew compared to the first quarter of 2013. Compared with the first quarter, Proffice’s operating profit tripled in the second quarter and revenue increased. We now show positive earnings in all countries. The improved earnings come partly from seasonal variations, but are also a result of the extensive action plan initiated when the market declined in autumn 2012. We will soon see the full effects of these cost savings, which are expected to reach SEK 220 million annually. Despite the Group’s positive growth in profitability compared to the first quarter, it is far from the record levels of the corresponding quarter of 2012. We attained an EBITA margin for the second quarter of 2.7 per cent (4.2), impacted by higher guaranteed wages and downward pressure on prices. Continued cautious business climate in Sweden The Outplacement operating area growing and Recruitment shrinking compared to the same quarter last year testifies to the continued weak business climate in Sweden. Revenue fell by 17 per cent compared with the same quarter last year and we attained an EBITA margin for the quarter of 2.9 per cent (6.8). In the second quarter we saw an improvement in the most cyclically sensitive sectors, and we had positive revenue growth compared with the first quarter, particularly in the industrial segment. Continued cost awareness and internal efficiency also helped to increase profitability. The proportion of revenue from small and medium-sized customers continued to increase, affecting both profitability and cash flow in a positive direction. However, demand from of a number of our major customers was significantly lower in the first half than the same time last year. During the quarter, we signed agreements with several new customers, including Pon Equipment and E.ON. After the quarter, we also renewed and developed our partnership with ICA. Tougher economic climate impacts Norwegian market The weaker business climate combined with continued uncertainty among customers with the introduction of the so-called Vikarbyrå Directive impacted our operations in Norway during the second quarter. Revenue during the quarter totalled SEK 262 million (279), which is not in line with our growth ambitions in Norway. Compared with the first quarter of 2013, however, revenue increased by 8 per cent, and the EBITA margin improved to 4.6 per cent. Although Norwegian economic growth has slowed somewhat, unemployment figures continue to be low and there are skills shortages in several sectors of the Norwegian labour market. To meet these skill needs, Proffice will establish a global sourcing organisation that will search for skilled labour within and outside the Nordic borders. This will be part of a long-term initiative to further strengthen our market position in Norway. During the quarter, we signed and developed several important agreements, including one with TUI Nordic for which we provide cabin crew for their operations out of Gardermoen airport in Oslo. Increased growth and profitability in Denmark and Finland Establishment of our specialist company, Proffice Aviation, in Denmark and Finland continues to reap success. Proffice Denmark increased its revenue to SEK 12 million (4) and presented positive earnings for the sixth consecutive quarter. Our operation in Finland was also in the black, with a revenue increase of 40 per cent compared with the same quarter last year. Long-term vision holds steady The Group’s focus areas for 2013 are Industry & Logistics, Norway, Sales, Sourcing, and Efficiency. Our initiatives have already had an impact on a number of focus areas, and we will continue our long-term efforts to become the most successful staffing company in the Nordics. We are feeling a certain degree of optimism in the market, so we must be prepared to meet increased demand with attractive products and services and high selling pressure, while keeping costs under control. Regardless of economic conditions, our expertise, flexibility, and speed have become increasingly important, as companies want variable costs and a focus on their core business. We will continue to win our customers’ trust and gain market share in a highly competitive market. Lars Kry President and CEO If you have questions about this interim report, please contact: Lars Kry, President and CEO, telephone +46 8787 17 00, lars.kry@proffice.com Benno Eliasson, CFO, telephone +46 8 787 17 00, benno.eliasson@proffice.com This is a translation from Swedish. In the event of any discrepancies between the Swedish and the translation, the former shall have precedence. Proffice is the specialised flexible staffing company with more than 10,000 employees in the Nordic region. We provide temporary staffing, recruitment services, and outplacement. Proffice is listed on the NASDAQ OMX Stockholm, Mid Cap. www.proffice.com Information in this interim report is such that Proffice AB (publ) is obligated to disclose it pursuant to the Swedish Securities Markets Act. The information was released for publication on 21 August 2013 at 8 am CET.