Nobia AB: Kristoffer Ljungfelt appointed new CFO of Nobia

Regulatory News:

Kristoffer Ljungfelt has been appointed as new CFO of Nobia (STO:NOBI). He will succeed Mikael Norman and will take office 1 November 2016. Kristoffer Ljungfelt is 39 years old and has since January 2016 served as Business area Director in Sigdal, Nobia Norway.

Kristoffer Ljungfelt joined Nobia in 2013 as Finance Director for Nobia Norway, as well as for the Nordic region. Before that, he held a number of international finance and business controlling positions at Electrolux, in both Asia and Europe. "Kristoffer has done a great job in Nobia Norway and is now ready to take the next step in his career. He has the right qualities and the commitment it takes to step into the role as new CFO of Nobia, and I very much look forward to work closely together with him”, says Morten Falkenberg, President and CEO of Nobia.

Nobia develops and sells kitchens through some twenty 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, FM and Intuo in Austria, as well as Poggenpohl globally. Nobia generates profitability by combining economies of scale with attractive kitchen offerings.

The Group has approximately 6,500 employees and net sales of about SEK 13 billion. The Nobia share is listed on the NASDAQ Stockholm under the ticker NOBI. Website: www.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 set out above, at 12.15 CET on 12 July 2016.

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