30 Jan 2023 18:00 CET

Issuer

SWEDBANK AB

· Re-election of the following Board members: Göran Persson, Göran Bengtsson,
Annika Creutzer, Hans Eckerström, Kerstin Hermansson, Helena Liljedahl, Bengt
Erik Lindgren, Anna Mossberg, Per Olof Nyman, Biljana Pehrsson and Biörn Riese.
· Göran Persson is proposed as Chair of the Board of Directors.
· Re-election of PwC AB as external auditor.

The Nomination Committee's proposal entails that the number of Board members
elected by the general meeting should be eleven, i.e. one less than in 2022, of
which six are men and five are women.

Independence according to the Swedish Corporate Governance Code
All proposed Board members, except Göran Bengtsson, are considered independent
in relation to the bank and its management. All proposed Board members are
considered independent in relation to the major shareholders of the bank.

The Chair of the Nomination Committee, Lennart Haglund, comments:

"The Board of Directors is functioning well and has the right competencies.
Therefore, the Nomination Committee proposes re-election of all current members.
We would like to take the opportunity to thank Bo Bengtsson for his
contributions to Swedbank´s Board of Directors, and to wish him good luck in his
new role in Swedbank´s Group Executive Committee."

The Nomination Committee proposes that the lawyer Wilhelm Lüning is appointed
Chair of the Annual General Meeting 2023.

Swedbank's Nomination Committee consists of the following members: Lennart
Haglund, Chair, (Sparbankernas Ägareförening), Ylva Wessén (the owner-group
Folksam), Anders Oscarsson (AMF and AMF Funds), Annette Björkman (the owner
-group Sparbanksstiftelserna), Martin Jonasson (Andra AP-fonden), and Göran
Persson (Chair of the Board of Directors of Swedbank).

The entire proposal of the Nomination Committee, including proposal on
remuneration for Board members and auditors, Principles on how the Nomination
Committee shall be appointed and Instruction for the Nomination Committee, will
be presented in connection to the convening notice for the Annual General
Meeting and be available on Swedbank's website.

Swedbank's Annual General Meeting will be held on 30 March 2023.

For further information, please contact:
Lennart Haglund, Chair of the Nomination Committee, telephone: +46 705 575 129.


580991_Swedbank_s_Nomination_Committee_proposal_to_the_Annual_General_Meeting_on_30_March_2023.pdf

Source

Swedbank AB

Provider

Oslo Børs Newspoint

Company Name

Swedbank AB 17/27 2,68%

ISIN

NO0010786858

Market

Nordic Alternative Bond Market