Swedbank issues Additional Tier 1 Capital

16 Feb 2023 21:30 CET

Swedbank issues Additional Tier 1 Capital (AT1) to optimise its capital
structure. The USD 500 million issuance has a coupon of 7.625 per cent and an
issue price of 100 per cent.

The loan is perpetual with a call option after 5.5 years. The issuance is in the
form of debt instruments with mandatory conversion into ordinary shares if the
regulatory capital of the bank decreases to a certain level.

The issuance will be subscribed by and allotted to the joint lead managers.
Settlement date is 23 February 2023. The instruments will be listed on the
Global Exchange Market regulated by the Irish Stock Exchange, Euronext Dublin.


Contact:
Peter Stenborn Unni Jerndal
Investor Relations Senior Advisor
peter.stenborn@swedbank.com unni.jerndal@swedbank.com
+46 70 676 6092 +46 73092 1180

This disclosure contains information that Swedbank is obliged to make public
pursuant to the Swedish Securities Markets Act (2007:528), the Swedish Financial
Instruments Trading Act (1991:980) and the regulatory framework of Nasdaq
Stockholm. The information was submitted for publication, through the agency of
the contact person, on [Date and time is inserted automatically].
Swedbank empowers the many people and businesses to create a better future. Our
vision is a financially sound and sustainable society. Swedbank is the leading
bank with over 7 million retail customers and 600 000 corporate customers in our
four home markets Sweden, Estonia, Latvia and Lithuania. Swedbank is also
present in other Nordic countries, the U.S. and China. Together we make your
financial life easier. Find out more: www.swedbank.com

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582788_Swedbank_issues_Additional_Tier_1_Capital.pdf