Nordea has published its annual reporting for 2022

01 Mar 2023 08:01 CET

Nordea Bank Abp
Stock exchange release - Annual Financial Report
1 March 2023 at 9.00 EET

Nordea has today published its Annual Report for the financial year 2022, which
includes the audited Financial Statements, the Board of Directors' Report and
the Corporate Governance Statement. Further, Nordea has today published its
Remuneration Report for Governing Bodies for year 2022.

The year 2022 turned out to be extraordinary as Russia's invasion of Ukraine
caused significant human suffering and societal and financial uncertainty.
Furthermore, societies faced higher inflation and a changed interest rate
environment. Despite turbulent times Nordea had another strong year and was able
to drive high business activity.

"As the world faces uncertain times, Nordea's role is the same as it always has
been: we are here to support our customers and the societies where we operate.
We have a resilient business model that has proven its strength many times, and
we are, together with the Nordic societies, ready to weather the challenging
conditions. Our direction remains unchanged. For more than 200 years, we have
supported our customers and helped to develop the Nordic societies. We are
committed to continuing on this path," President and Group CEO Frank Vang-Jensen
comments in the CEO letter of the Annual Report.

The Annual Report (https://www.nordea.com/en/investors/group-annual-reports),
the Corporate Governance Statement (https://www.nordea.com/en/about-us/corporate
-governance/corporate-governance-reports) and the Remuneration Report for
Governing Bodies (https://www.nordea.com/en/about-us/corporate
-governance/nordeas-general-meeting-2023#18) are available at nordea.com. This
year, for the first time, the Annual Report contains, among other things, a
significant increase in the scope of disclosures on financed emissions and
increased disclosure on the EU taxonomy.

Nordea also publishes its Annual Report in accordance with the European Single
Electronic Format (ESEF) reporting requirements. The format of the report is
Extensible Hypertext Markup Language (XHTML) and the consolidated financial
statements are marked up with XBRL tags. Authorised public accountants
PricewaterhouseCoopers Oy has provided an independent auditor's reasonable
assurance report on Nordea's ESEF Financial Statements in accordance with ISAE
3000 (Revised). The ESEF Annual Report in Swedish is available in the zip file
attached to this release and at nordea.com.

Nordea's sustainability reporting is integrated into the Annual Report and
therefore no separate Sustainability Report is published. In addition to
statutory non-financial and taxonomy reporting, Nordea prepares sustainability
reporting according to the Global Reporting Initiative Sustainability Reporting
Standards (GRI Standards). Nordea also reports on climate-related information
based on the recommendations from the Task Force on Climate-related Financial
Disclosures (TCFD). Indices referring to the reporting in relation to the GRI
Standards, the TCFD, as well as the Principles for Responsible Banking (PRB) are
published as a separate appendix available at
nordea.com/sustainability (http://www.nordea.com/sustainability). Disclosures of
financed emissions are reported based on the Global GHG Accounting and Reporting
Standard for the Financial Industry provided by the Partnership for Carbon
Accounting Financials (PCAF). Nordea's non-statutory sustainability reporting
has been assured by PricewaterhouseCoopers Oy with a level of limited assurance
in accordance with ISAE 3000 (Revised).

For further information:

Matti Ahokas, Head of Investor Relations, +358 9 530 080 11
Media inquiries, +358 10 416 8023 or press@nordea.com

The information provided in this stock exchange release was submitted for
publication, through the agency of the contacts set out above, at 9.00 EET on 1
March 2023.

We are a universal bank with a 200-year history of supporting and growing the
Nordic economies - enabling dreams and aspirations for a greater good. Every
day, we work to support our customers' financial development, delivering best-in
-class omnichannel customer experiences and driving sustainable change. The
Nordea share is listed on the Nasdaq Helsinki, Nasdaq Copenhagen and Nasdaq
Stockholm exchanges. Read more about us at nordea.com.

More information:
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583942_annual_report_nordea_2022.pdf
583942_Remuneration_Report_for_Governing_bodies_2022.pdf
583942_nordea_2022_12_31_sv.zip