NOTE | OMX STO SEK

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Change of CEO at NOTE

Current Board member Johannes Lind-Widestam has been appointed President and CEO of NOTE. Johannes succeeds Per Ovrén, who will leave the company.

“NOTE is one of the most competitive electronics manufacturers in the Nordics. The company is progressing strongly in terms of sales, profitability and new customer partnerships. The prospects of further increasing market shares, on new and existing customers, remain promising. Against the background of recent changes of ownership, the Board has judged it natural to make a change of CEO.

I would like to take this opportunity to thank Per Ovrén for his meritorious contribution to the development of NOTE. Johannes, who is now taking over, was previously CEO of Kitron Sweden and Elos Medtech, and has experience from various senior positions at ASSA, Flextronics and Nobel Biocare. With his operational background in industry, and experience in the EMS sector with a focus on growth and rationalisation, we consider him particularly well suited to leading NOTE in the future.” says NOTE's Chairman of the Board Johan Hagberg.

“I'm delighted to have been given this vote of confidence, and look forward to contributing my knowledge and experience to further increase customer value and continue NOTE's expansion. NOTE has many skilled employees and good customers that we will continue to nurture.”, says Johannes Lind-Widestam.

For further information, please contact:
Johan Hagberg, Chairman of the Board, tel. 070-644 33 56
Johannes Lind-Widestam, President and CEO, tel. 070-541 72 22

About NOTE
NOTE is one of northern Europe's leading partners for electronics manufacturing. NOTE manufactures printed circuit boards (PCBA), sub-assemblies and complete products (box build). Its customer offering covers the whole product lifecycle, from design to after-sales. NOTE is established in Sweden, Finland, the UK, Estonia, Bulgaria and China. Sales in the last 12 months were SEK 3,687 million and the group has some 1,400 employees. NOTE is listed on Nasdaq Stockholm. For more information, please visit
www.note.eu.

This information is information that NOTE AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was provided, through the agency of Johannes Lind-Widestam, for publication on 28 September 2018 at 17.30 CET.