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2016-12-20

Nobina AB: Magnus Rosén appointed Nobina's new CEO

Nobina's Board of Directors has appointed Magnus Rosén as the new
President and CEO of Nobina AB. Magnus Rosén currently serves as a
senior adviser within the investment company Nordstjernan and sits on
the board of the two companies Bonava PLC and Llentab. He will take
up the position as CEO of Nobina on 1 June 2017.

"It pleases me that we now, in good time prior to Ragnar Norbäck's
retirement, have appointed a new President and CEO for the Nobina
group. With his broad knowledge within the services sector and his
eight years' experience as the CEO of a listed company, Magnus Rosén
will make an excellent successor to Ragnar Norbäck, who after 13
years will be going into retirement when Magnus Rosén takes up the
position", says Nobina's Board Chairman Jan Sjöqvist.

Magnus Rosén possesses long leadership experience and has held senior
positions within Ramirent, BE Group and Cramo. Magnus Rosén holds an
MBA from the Stockholm School of economics and is aged 54. He
succeeds Ragnar Norbäck who, earlier in the autumn, announced that he
will be retiring in 2017. Magnus Rosén's employment will begin on 1
April and he will assume the position as CEO on 1 June. Ragnar
Norbäck will remain CEO until 1 June.

"The public transport sector is on the threshold of an exciting growth
phase due to digitalisation and urbanisation trends and the
constantly increasing focus on environmental and sustainability
issues. With its position as market leader in the Nordic region,
Nobina is far out in front in this development. I look forward to
lead Nobina into the future, together with Nobina's talented
employees," says Magnus Rosén.

CV Magnus Rosén

2008-2016 President and CEO Ramirent PLC

2008 MD BE Group Sweden

1998-2007 EVP Cramo Scandinavia and MD Sweden

1989-1997 Servicemarket Manager BT Svenska and MD BT Hyrsystem

The information comprises such as Nobina AB (publ) is obliged to
publicly disclose pursuant to the EU Market Abuse Regulation and the
Securities Market Act. Through the above contact person, the
information was submitted for publication at 07:45 CET on 20 December
2016.

For further information, please contact:
Annika Molander, Communications Director Nobina AB, +46 733 55 06 16

About Nobina
Nobina is the largest and most experienced public bus transport
service provider in the Nordic region. The Company's expertise in
prospecting, tendering and active management of public bus transport
contracts in combination with long-term delivery quality makes Nobina
an industry leader in terms of profitability, development and
initiatives that promote a healthier industry. 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 in the Swedish
market. The Company has sales in excess of SEK 8 billion (2015/16),
approximately 10,000 employees, and is headquartered in Solna,
Stockholm. For more information, see Nobina's website: www.nobina.com

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http://news.cision.com/nobina-ab/r/magnus-rosen-appointed-nobina-s-new-c...
http://mb.cision.com/Main/1420/2153487/606067.pdf

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