NOBINA CELEBRATES ONE YEAR ON THE EXCHANGE WITH NEW RECORD PROFIT

THE FIRST QUARTER

• Net sales amounted to SEK 2,224 million (1,995), an increase of 11.5 per cent.

• Operating profit was SEK 121 million (14). The adjusted operating profit for
the first quarter of last year was SEK 106 million before listing expenses.

• Profit for the period after tax amounted to SEK 69 million (–33) and profit
per share amounted to SEK 0.78 (–0.52). The adjusted profit after tax for the
first quarter of last year was SEK 59 million before IPO expenses.

• Cash flow from the operations was SEK 268 million (156).

• The cash flow was SEK 32 million (–38). The cash flow last year was SEK –19
million before items related to the IPO.
SIGNIFICANT EVENTS DURING THE FIRST QUARTER

• Nobina was upgraded  by Standard & Poor’s from BB– to BB.

• The annual general meeting for 2015/2016 was held on 31 May in Stockholm.

SIGNIFICANT EVENTS SINCE THE END OF THE QUARTER

• Nobina held a Capital Markets Day on 1 June 2016. It was confirmed at this
time that the financial targets adopted prior to the IPO in 2015 remain in
place.

• Payment of Nobina’s first dividend in the amount of SEK 2.60 per share was
made on 8 June 2016.

• Nobina has won a traffic contract in Oslo comprising 21 buses, valued at SEK
150 million over three years.

• Nobina won a tender in southern Sweden, Lund Väster, comprising 45 buses,
valued at SEK 400 million over four years.

CEO’S COMMENTS

The year began with a strong first quarter for Nobina. Net sales increased by
11.5 per cent and the underlying profit before tax was SEK 86 million (61) for
the period. Profit-drivers included good performance in our newly started
contracts, generally good price negotiations with our suppliers, and the fact
that we are no longer paying interest expenses on earlier bonds. Nobina is
therefore celebrating one year as a listed company by living up to what we
believe is important: providing good and profitable public transport.

A resolution was adopted at Nobina’s annual general meeting held on 31 May 2016
to pay a dividend of SEK 2.60 per share and the company’s financial targets were
also confirmed. We have met our commitment on dividend policy and made our first
dividend payment in June.

Nobina is currently in a period of major traffic starts and contract
terminations, among other things in the Stockholm area where we are currently
preparing the operations for increased volumes in Södertälje and Kallhäll. In
addition, work is underway on the new Helsinki contract, under which traffic
will commence under new contract conditions on the same day as the old contract
expires. Preparations are proceeding according to plan and we look forward to a
continued incremental increase in efficiency and volumes in Nobina’s young
contract portfolio.

At the beginning of June it was announced that Nobina had won two new contracts
– one in Oslo and one in Lund. It is pleasing to note that both contracts were
won based on quality rather than price, and that the buses will run on renewable
fuel, a factor which benefits sustainable development.

Ragnar Norbäck,
President and CEO
For further information, please contact:

Ragnar Norbäck, President and CEO                        +46 8-410 65 000
Per Skärgård, CFO                                                  +46 8-410 65
056
Ingrid Håkanson, Head of Investor Relations             +46 8-410 65 051
About Nobina

Nobina is the largest and most experienced public bus transport service provider
in the Nordic region. Every day, Nobina ensures that more than one million
people arrive at work, school or other activities by delivering contracted
public bus transport services in Sweden, Norway, Finland and Denmark. In
addition, Nobina offers express bus services under the Swebus brand. The Company
has net sales of SEK 8.3 billion, has approximately 10,000 employees and is
headquartered in Stockholm. For more information, visit: www.nobina.com.

Nobina AB (publ) discloses the information provided herein pursuant to the
Securities Market Act and/or the Financial Instruments Trading Act. The
information was submitted for publication at 08.00 a.m. CET on 30 June 2016.