Reorganisation in management to strengthen market focus

2018-10-25

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Nordic Leisure, further "NLAB" or "the Group", announces that;

Miko Salo has been recruited as new CCO, Chief Commercial Officer, with responsibilities for the Groups business area iGaming. Miko comes from a position as Director of Acquisition and Retention at Gaming Innovation Group, and has prior to that worked at Mr. Green as Head of Commercial and Head of Growth.

Adam Jonsson has officially been appointed as Head of Investor Relations. Adam is already with the group holding the position Group controller.

Sami Koponen is joining NLAB as Head of Media operations. Sami was most recent at Mr. Green where he was regional manager and before that acting head of SEO.

Jevgenij Bogdanov returns to NLAB in the position as Head of Betting. Jevgenij has earlier worked at NLAB in the same position, but during the recent years he has been at Lucky Labs, a large iGaming operator and developer based in Ukraine.

As earlier announced;

George Ustinov has been appointed as the Group CFO, Chief Financial Officer, with the responsibilities of finance and accounting for the Group. George has been CFO for Lifland Gaming Group, a subsidiary group to NLAB which includes all iGaming entities.

"I warmly welcome Miko, Sami and Jevgenij to NLAB! We are pleased to associate them with us, thereby strengthening the management team with operational knowledge, in line with our efforts to increase our market focus. The fact that George got promoted to CFO at group level will contribute to the rapid development we strive to always have the main offer in the markets in which we operate, "says Robert Andersson, CEO of NLAB, and continues "I'm pleased that Adam Jonsson now is responsible for IR who will contribute to both strengthening and improving our communication to the market."

For more information please contact:

NORDIC LEISURE AB

Robert Andersson, CEO

Email: [email protected] / +371 2 7327810

About Nordic Leisure

Nordic Leisure AB is the parent company in a group which operates within two business areas: Online gaming and Media. The group has offices in Tallinn, Riga, Vilnius, Malta, Marbella and Stockholm. The operational companies hold national licenses and permits for their operations and the group has around 190 employees. Nordic Leisure is listed on NASDAQ First North in Stockholm. The company's Certified Adviser is Redeye, +46 8 545 01330.

For more information, visit nordicleisure.se

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