Nobia

Regulatory Filings • Mar 24, 2020

Nobia AB (publ) 24 March 2020

Nobia's store network in the UK will be temporarily closed

In light of communication from the UK Government regarding the coronavirus (Covid-19), Nobia has decided to temporarily close all of its Magnet kitchen stores in the UK.

The closure is with immediate effect and until further notice. The situation is continuously reviewed, and updates will be provided if conditions change.

For further information Tobias Norrby, Head of Investor Relations +46 (0)8 440 16 07 tobias.norrby@nobia.com

This information is information that Nobia is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person above, at 12:00 CET on 24 March 2020.

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 6,000 employees and net sales of about SEK 14 billion. The share is listed on Nasdaq Stockholm under the ticker NOBI. Website: www.nobia.com