ANDERS STENSSON NEW CFO AT NICOCCINO

Nicoccino AB (NAS:NICO) is pleased to announce the appointment of Anders
Stensson as its new Chief Financial Officer as of September 22nd, 2015. Anders
is a seasoned financial executive with experience as CFO in listed companies.
Following the recent appointment of Jonas Nordquist, former President
Scandinavia Division at Swedish Match, as Chairman of the Board, Mr. Stensson’s
appointment represents another key milestone in the development of Nicoccino and
further underlines the growth potential in the company.
“Anders is a business minded CFO with a rich background in different industries
and positions. He has experience from CFO positions in listed companies, both
internationally and in Sweden, and he has a proven track record leading
financial teams in high growth, industry-leading companies” says Michel Bracké,
CEO of Nicoccino Holding.

Anders Stensson is 55 years old and was the former CFO of Flir Systems AB during
a period of strong international growth. He also has experience as CFO at the
listed company Frontec (Acando). His most recent position was a consultant where
he supported companies such as Swedish payment solution company, Klarna.

“Nicoccino is a very interesting business and is at an exciting stage of
development, from a start-up to fast becoming a global player in the growing
market of recreational nicotine. This represents an amazing opportunity for any
senior leader to be part of a growth company with the potential of transforming
the way people use and consume nicotine.” comments Anders Stensson.

As the Group CFO, Anders Stensson will be based at the Group Head Office in
Täby, Sweden.

For more information, visit Nicoccino’s webpage http://nicoccino.se/en or
contact:

Michel Bracké, CEO

Phone: +46 707 45 95 75

E-mail: michel.bracke@nicoccino.co.uk

About Nicoccino Holding AB

Nicoccino AB develops and markets a patented, innovative and discrete nicotine
product that instantly provides the user with nicotine without the detrimental
side effects of traditional tobacco products. The product has the same name as
the company - NicoccinoTM – and is manufactured through partners. Nicoccino is
currently sold in the UK, Germany, Czech Republic, Poland and through our online
platform (purenicoccino.com)

Nicoccino`s head quarter is located in Täby outside of Stockholm and a sales
office in London. The company's shares have been listed on Nasdaq Stockholm
First North since June 2014 and can be found under the abbreviation NICO.

Remium Nordic AB is Nicocino Holding's Certified Adviser