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2016-11-10

Nordax Group AB (publ): Camilla Wirth, CFO, to leave Nordax

Nordax today announces that Camilla Wirth has chosen to leave the
Company for new challenges outside Nordax.

Camilla Wirth will retain her responsibilities as CFO until she leaves
the company during the spring 2017. A search for Camillas successor
has been initiated.

"Camilla has contributed positively to Nordax success since she joined
the Company in 2011 and has been a strong support to me, not least in
connection with the IPO in 2015. I wish her all the best with future
challenges", says Morten Falch, CEO of Nordax.

For more information, please contact:

Andreas Frid, Head of Investor Relations

Phone: +46 705 290 800

E-mail: andreas.frid@nordax.com

About Nordax

Nordax is a leading niche bank in Northern Europe providing personal
loans and deposit accounts to more than 100,000 customers in Sweden,
Norway, Finland, Denmark and Germany. Nordax employs about 200
people, all working in its office in Stockholm. The underwriting
process is Nordax's core competency; it is thorough, sound and data
driven. Nordax's customers are financially stable individuals. The
typical customer is 49 years old and has an income above the national
average. As of September 30, 2016 lending to the general public
amounted to SEK 12.5 billion and deposits amounted to SEK 7.2
billion. Nordax has been supervised by the Swedish Financial
Supervisory Authority since 2004 and deposits are covered by the
Swedish deposit guarantee scheme. Read more on www.nordaxgroup.com.
For more information about Nordax's customer offerings, read more on
each country's web site: www.nordax.se
(http://file:///C:\Users\friddan\AppData\Local\Microsoft\Windows\Temporary%20Internet%20Files\Content.Outlook\VUXUOPIN\www.nordax.se),
www.nordax.no
(http://file:///C:\Users\friddan\AppData\Local\Microsoft\Windows\Temporary%20Internet%20Files\Content.Outlook\VUXUOPIN\www.nordax.no),
www.nordax.fi
(http://file:///C:\Users\friddan\AppData\Local\Microsoft\Windows\Temporary%20Internet%20Files\Content.Outlook\VUXUOPIN\www.nordax.fi)
and www.nordax.de
(http://file:///C:\Users\friddan\AppData\Local\Microsoft\Windows\Temporary%20Internet%20Files\Content.Outlook\VUXUOPIN\www.nordax.de).

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http://news.cision.com/nordax-group-ab--publ-/r/camilla-wirth--cfo--to-l...
http://mb.cision.com/Main/12531/2120462/588244.pdf

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