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Patrick MacArthur appointed CFO of Nordax

Patrick MacArthur has been appointed the new CFO of Nordax Bank. Patrick has been employed at Nordax since October 2017 and is already a member of the Senior Management Team in his role as Head of Business Development and Strategy. Patrick takes over his new post immediately.“I am very pleased that Patrick accepted the offer to become our new CFO. Patrick has the last year been the driving force behind the business development and diversification of our strategy and business. Patrick has the skills and personal qualities we need in the role of CFO as we continue our growth journey,”

Nordax Bank and Banqsoft signs agreement on new core banking solution

Nordax Bank and Banqsoft have signed an agreement on a new core banking solution which will be delivered as a service. With the new core banking solution Nordax Bank banking platform will be modernized by replacing the existing solution. The initiative is launched to support future growth using a modern and standardized solution which will enable Nordax to quickly launch new financial products to seize opportunities in the market."After thorough and careful evaluation of the leading suppliers in the region, Banqsoft was the obvious choice for us. We are very happy to partner up with

New Board of Directors in Nordax

At today's extraordinary general meeting in Nordax Group AB (publ), a new Board was elected. As of this date, the Board consists of the following members (all new members)Hans-Ole Jochumsen (Chairman): Hans-Ole is Senior Advisor in the company Alkymi.io, a New York-based FinTech start-up and a board member in Nykredit A/S. Hans-Ole Jochumsen has previously held a number of senior positions and been a board member within Nasdaq and other regulated marketplaces (including Stockholm, New York and Copenhagen). Christopher Ekdahl: Christopher is a Director in NC Advisory AB, adviser to Nordic

Correction in Notice of Extraordinary General Meeting in Nordax Group AB (publ) 2 May

The notice that was sent out on Tuesday April 3 contained incorrect dates regarding the record date and the date of notification, which has been corrected in the attached updated noticeAt the request of NDX Intressenter AB, which after completion of its mandatory public cash offer to the shareholders of Nordax Group AB (publ) (”Nordax” or ”Company”) holds approximately 97 per cent of the total number of shares and votes in Nordax, the shareholders of Nordax are given notice of the Extraordinary General Meeting to be held on Wednesday 2 May 2018 at 09.00 (CET) at Mannheimer Swartling’s

YEAR-END REPORT NORDAX GROUP AB 2017

JANUARY-DECEMBER 2017 Numbers compared to January-December 2016 · The loan portfolio grew by 5%, in constant currencies by 7% · The net interest margin decreased to 9.1% (9.3%) · Total operating income increased to 1,189 MSEK (1,176). Adjusted total operating income increased to 1,207 MSEK (1,113) · Adjusted cost to income ratio (rolling 12 months) improved to 25.8% (27.3%) · Operating profit decreased to 529 MSEK (573). Adjusted operating profit increased by 10% to 559 MSEK (510) · Net profit decreased to 409 MSEK (446) · Earnings per share were 3.69 SEK (4.02).

Statement by the Board of Directors of Nordax in relation to the mandatory public offer from Nordic Capital and Sampo and postponement of the 2018 AGM

The Board of Directors of Nordax unanimously recommends the shareholders in Nordax to accept the mandatory public cash offer from Nordic Capital and Sampo.This statement is made by the Board of Directors of Nordax Group AB (“Nordax” or the “Company”) pursuant to Rule II.19 of Nasdaq Stockholm’s Takeover Rules (the “Takeover Rules”). Background Today on 8 February 2018, Nordic Capital Fund VIII (“Nordic Capital”) and Sampo plc (“Sampo”), through NDX Intressenter AB (“NDX Intressenter”) announced a mandatory public cash offer to the shareholders of Nordax to sell all of their shares to

Nordax invites to presentation of the year-end report for 2017

Nordax Group AB (publ) publishes its year-end report for 2017 on Thursday February 8, 7.30am CET. Media, analysts and investors are welcome to take part in a conference call at 10.00 am CET.Conference call CEO Jacob Lundblad and CFO Lennart Erlandson will present the results. After the presentation there will be a Q&A session. Call-in numbers: Sweden: +46 8 566 4 26 63  UK: +44 203 008 98 09 US: +1 855 831 59 45  Link to audiocast: https://tv.streamfabriken.com/nordax-q4-2017  You can also follow the presentation on https://www.nordaxgroup.com/en/investors/financial-

Correction of previous pressrelease - Effects of transitioning to IFRS 9 and decision to apply transitional rules for capital adequacy

The press release sent out 08.45 today contained an error regarding the the effect on equity which has been corrected in this version. A new standard for the accounting of financial instruments, IFRS 9, was introduced on 1 January 2018, replacing the previous standard, IAS 39. IFRS 9 introduces a new model to calculate credit loss reserves that is essentially based on expected credit losses and not solely on loss events that have already occurred. As Nordax previously has communicated transitioning to the new standard increase provisions and reduce equity. In transitioning to the new standard

Changes to the composition of Nordax’s Nomination Committee

As a consequence of the ownership changes that have taken place since Nordax’s Nomination Committee was appointed in September 2017, the composition of Nordax’s Nomination Committee has changed. Robert Furuhjelm representing Nordic Capital Fund VIII through Cidron Humber Ltd and Ricard Wennerklint representing Sampo plc. take seats on the Nomination Committee, while the representatives of Lannebo Fonder and SEB Investment Management resign from the Nomination Committee.According to the principles for the appointment of the Nomination Committee, adopted by the AGM, the three largest

INTERIM REPORT NORDAX GROUP AB JANUARY-SEPTEMBER 2017

JANUARY-SEPTEMBER 2017 Numbers compared to January-September 2016 • The loan portfolio grew by 7%, in constant currencies by 9% • The net interest margin decreased to 9.1% (9.2%) • Total operating income increased to 892 MSEK (882). Adjusted total operating income increased to 901 MSEK (812) • Adjusted cost to income ratio (rolling 12 months) improved to 26.1% (27.7%) • Operating profit decreased to 403 MSEK (433). Adjusted operating profit increased by 17% to 421 MSEK (360) • Net profit decreased to 311 MSEK (336) • Earnings per share were 2.81 SEK (3.03). Adjusted

Nordax invites to presentation of the interim report for January-September 2017

Nordax Group AB (publ) publishes its interim report for the period January-September 2017 on Wednesday  October 25, 7.30am CET. Media, analysts and investors are welcome to take part in a conference call at 10.30 am CET.Conference call CEO Jacob Lundblad and CFO Lennart Erlandson will present the results. After the presentation there will be a Q&A session. Call-in numbers: Sweden: +46 8 566 4 26 92  UK: +44 203 008 98 02 US: +1 855 831 59 45  Link to audiocast: https://tv.streamfabriken.com/nordax-q3-2017  You can also follow the presentation on https://www.

Nordax strengthens its funding by issuing bonds in NOK

Nordax has issued bonds secured by a portfolio of Norwegian personal loans issued by Nordax Bank AB (publ) (so-called securitisation or ABS). The size of the issue was NOK 2.2 billion and the bonds will be listed on the Irish Stock Exchange. The transaction strengthens and diversifies the long-term funding of the Nordax Group.The transaction, marketed under the name Scandinavian Consumer Loans VI, was met great interest from international investors. The collateral consists of a portfolio of Norwegian personal loans issued by Nordax Bank AB (publ). The issue is Nordax’s sixth

Nomination committee for Nordax appointed

Nordax’s nomination committee has been appointed. The nomination committee is responsible for preparing proposals to the Annual General Meeting regarding chairman of the meeting, election of members of the Board of Directors, Chairman of the Board of Directors and auditors, as well as fees to the board members and auditors.According to the principles for the appointment of the Nomination Committee, the three largest shareholders, based on voting rights, who wish to participate in the committee has the right to appoint one member of the Nomination Committee. The member representing the

Patrick MacArthur recruited as Head of Business Development and Strategy

Nordax has recruited Patrick MacArthur as responsible for the new function Business development and Strategy within Nordax. Patrick has a solid background from the financial markets in Europe. Patrick will report to CEO Jacob Lundblad and begin his new role during October."I am very pleased that Patrick has choosen to join us at Nordax. Patrick has solid competence and will be a key resource for developing the strategies for Nordax's continued growth journey to achieve the vision of becoming the leading niche bank in Northern Europe. Among other things, Patrick will be responsible for

Jacob Lundblad appointed new CEO of Nordax

Jacob Lundblad, Deputy CEO, today was appointed by the Board of Directors as the new CEO of Nordax after Morten Falch announced his desire to step down. Jacob will assume the role of CEO from September 1 2017. Morten Falch will retain his seat on the board and will also remain employed until 28 February 2018, after which he will work with the company on a consultancy basis.“We on the Board of Directors are very pleased that Jacob is taking over as CEO. He has strong drive and in his role as Chief Operating Officer and Deputy CEO has demonstrated solid leadership and the ability to

NORDAX GROUP INTERIM REPORT JANUARY-JUNE 2017

JANUARY-JUNE 2017 Numbers compared to January-June 2016 • The loan portfolio grew by 11%, in constant currencies by 10% • The net interest margin decreased marginally to 9.2% (9.3%) • Total operating income increased slightly to 581 MSEK (570). Adjusted total operating income increased to 602 MSEK (533) • Adjusted cost to income ratio (rolling 12 months) improved to 26.1% (28.2%) • Operating profit decreased to 249 MSEK (265). Adjusted operating profit increased by 24% to 276 MSEK (222) • Net profit decreased to 192 MSEK (205) • Earnings per share were 1.73 SEK (1.85)

Nordax invites to presentation of the interim report for January-June 2017

Nordax Group AB (publ) publishes its interim report for the period January-June 2017 on Friday, July 14, 7.30am CET. Media, analysts and investors are welcome to take part in a conference call at 10.30 am CET.Conference call CEO Morten Falch and CFO Lennart Erlandson will present the results. After the presentation there will be a Q&A session. Call-in numbers: Sweden: +46 8 566 425 08  UK: +44 203 008 98 03  US: +1 855 753 22 36  Link to audiocast: https://tv.streamfabriken.com/nordax-q2-2017  You can also follow the presentation on https://www.nordaxgroup.com/en/

Nordax invites to presentation of the interim report for January-March 2017

Nordax Group AB (publ) publishes its interim report for the period January-March 2017 on Wednesday, April 26, 7.30am CET. Media, analysts and investors are welcome to take part in a conference call at 10.30am CET.Conference call CEO Morten Falch and Deputy CEO Jacob Lundblad will present the results. After the presentation there will be a Q&A session. Call-in numbers: Sweden: +46 8 566 426 98  UK: +44 203 008 98 07  US: +1 855 831 59 44  Link to audiocast: https://wonderland.videosync.fi/nordax-q1-report-2017  You can also follow the presentation on https://www.

Nordax publishes the Annual Report for 2016

Nordax Annual Report, Sustainability report and Risk- and Capital adequacy reports for 2016 has been published on www.nordaxgroup.com.As an integral part of the Annual Report, Nordax for the first time present a Sustainability report in accordance with Global Reporting Initiative, version G4, core level.   For more information, please contact Andreas Frid, Head of Investor Relations, Nordax Tel: +46 705 29 08 00 E-mail: ir@nordax.se  About Nordax Nordax is a leading niche bank in Northern Europe providing personal loans and deposit accounts to private individuals in Sweden,

Welcome to Nordax Annual General Meeting 2017

The shareholders of Nordax Group AB (publ) are by the attached document given notice of the Annual General Meeting to be held on Thursday 27 April 2017 at 09.00 (CET) at Bryggarsalen, Norrtullsgatan 12N, Stockholm.Shareholders are welcome from 08.00 (CET). Before the meeting, coffee and sandwiches will be served. Notifications etc. Shareholders who wish to attend the Annual General Meeting shall both be registered in the shareholders’ register kept by Euroclear Sweden AB on Friday 21 April 2017, and make a notification to the company to attend the Annual General Meeting not later than

Nordax plans to start selling non-performing loans

Nordax has reached a principle agreement on cooperation with the credit management services company Lindorff to continuously sell non-performing loans in Sweden, Norway and Finland. The first sale is expected during the second quarter of  2017. The sales are expected to have a marginal but positive effect on Nordax results for 2017.As from the second quarter of 2017, up to half of the non-performing loans that are overdue more than 90 days will be sold to Lindorff (so called forward-flows). By selling the non-performing loans, the cash flow from such loans is accelerated and Nordax’s risk

The Nomination Committee´s proposal to Directors of the Nordax’s Board and immediate change in the composition of the Board

The Nomination Committee of Nordax proposes election of Susanne Hannestad as new Non-Executive Director of the Board and proposes re-election of the present board members Christian Beck, Arne Bernroth, Katarina Bonde, Morten Falch, Andrew Rich and Synnöve Trygg. The Nomination Committee further proposes to re-elect Arne Bernroth as Chairman of the Board of Directors. The Non-Executive Director Hans Larsson has declined nomination for re-election and resigns from the Board of Directors immediately. The reason is that there is a risk of a conflict of interest between Nordax’s operations and

NORDAX GROUP YEAR-END REPORT JANUARY-DECEMBER 2016

JANUARY-DECEMBER 2016 Numbers compared with January-December 2015 • Loan portfolio grew by 18% (8), in constant currencies by 12% (13) • Net interest margin increased to 9.3% (8.9) • Total operating income increased to 1,176 MSEK (888). Adjusted total operating income increased to 1,113 MSEK (943) • Adjusted cost to income ratio (rolling 12 months) improved to 27.3% (28.5) • Operating profit improved to 573 MSEK (250). Adjusted operating profit increased by 30% to 510 MSEK (392) • Net profit increased to 446 MSEK (195) • Earnings per share were 4.02 SEK (1.76).

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