Nobia announces that Nick Friend, who is currently the president of Hygena in France, will return to the UK to assume the role of Senior Vice President of the business-to-business operations there. Nick Friend has been head of Hygena for the past year and was head of the Gower business unit in the UK for three years prior to that. Nobia's CEO Preben Bager will be Acting President of Hygena. Nobia AB 24 June 2010 For further information, contact: Preben Bager, President and CEO Nobia Telephone +46 440 16 00 Ingrid Yllmark, Senior Vice President, Communications & IR Telephone +46 708 65 59 00 Nobia develops and sells kitchens through some 20 strong brands in Europe, including Hygena in France, HTH in the Nordic countries, Magnet in the UK and Poggenpohl globally. Nobia generates profitability by combining economies of scale with attractive kitchen offerings. The Group has approximately 8,000 employees and net sales of slightly more than SEK 15 billion. The Nobia share is listed on NASDAQ OMX Nordic Exchange in Stockholm under the short name NOBI. Website:www.nobia.com. Read more about the company under "About Nobia." Financial information can be found under "Investors." [HUG#1427030]
Change in Hygena management
| Source: Nobia AB