NOTE Adds VP Sourcing to Group Management

Regulatory News:

Markus Norrbom has worked on sourcing within NOTE (STO:NOTE) since 2005. He is currently responsible for NOTE’s central sourcing function, and now joins group management.

"We have a clear focus on sharpening our competitiveness and increase our profitable sales growth. As part of this, we put a lot of efforts in rationalising our cost side. In parallel, we're implementing a business-specific ERP system across the group’s units to harmonise internal processes, also within the purchasing and sourcing area. Appointing Markus into group management is a natural step in this process,” commented Stefan Hedelius, NOTE’s CEO & President.

Current members of group management:

Stefan Hedelius Chief Executive Officer & President

Henrik Nygren Chief Financial Officer

Robert Rosenzweig Chief Operating Officer

Fredrik Schultz Chief Sales Officer

Markus Norrbom VP Sourcing

About NOTE

NOTE is one of the leading Northern European manufacturing and logistics partners for production of electronics-based products. NOTE produces PCBAs, sub-assemblies and box build products. NOTE's offering covers the whole product lifecycle, from design to after-sales. NOTE has a presence in Sweden, Norway, Finland, the UK, Estonia and China. Sales over the past 12 months were SEK 1,125 million; the group has approximately 1,000 employees. NOTE is listed on Nasdaq Stockholm. For more information, please go to www.note.eu.

NOTE AB (publ) discloses the information provided herein pursuant to the Swedish Securities Markets Act. This information was submitted for publication on 25 April 2016 at 08:30 a.m.

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