Nobia

Board/Management Information • Sep 6, 2019

Nobia AB (publ) 6 September 2019

Morten Falkenberg to retire from the board of Nobia

In accordance with previous communication through press release on 2 May 2019, Morten Falkenberg stepped down from his position as President and CEO of Nobia on 31 August 2019 in connection with Jon Sintorn assuming the position as new President and CEO. Morten Falkenberg has now also informed the Board of Directors of Nobia AB (publ) that he will retire today from the Board of his own accord.

As communicated in the press release on 2 May 2019, Morten Falkenberg will transition into new roles including industrial advisor for Nobia's largest owner, Nordstjernan.

For further information Hans Eckerström, Board Chairman

Kristoffer Ljungfelt, CFO +46 (0)8 440 16 00 Kristoffer.ljungfelt@nobia.com

The information was submitted for publication, through the agency of the contact person above, at 08:30 CET on September 6, 2019.

Nobia develops and sells kitchen solutions through a number of strong brands in Europe, including Magnet in the UK; HTH, Norema, Sigdal, Invita and Marbodal in Scandinavia; Petra and A la Carte in Finland; ewe, Intuo and FM in Austria as well as Bribus in the Netherlands. Nobia generates profitability by combining economies of scale with attractive kitchen offerings. The Group has approximately 6,100 employees and net sales of about SEK 13 billion. The share is listed on Nasdaq Stockholm under the ticker NOBI. Website: www.nobia.com.