ECB approves Nordea's share buy-back application

03 Mar 2023 14:00 CET

Nordea Bank Abp
Stock exchange release - Other information disclosed according to the rules of
the Exchange
3 March 2023 at 15.00 EET

Nordea has received approval from the European Central Bank (ECB) for further
share buy-backs of EUR 1.0bn. A buy-back programme is expected to be initiated
after the Annual General Meeting 2023.

Nordea's application to further repurchase up to EUR 1.0bn of its own shares has
been approved by the ECB. A new share buy-back programme is expected to be
initiated after the Annual General Meeting 2023, which takes place on 23 March
2023. Nordea's ongoing share buy-back programme of up to EUR 1.5bn was launched
on 20 July 2022 and will be completed in March 2023.

Nordea is implementing an efficient capital structure and will continue to
distribute excess capital to shareholders in the future in line with its capital
and dividend policy.

If the share buy-back programme had been in place on 31 December 2022, it would
have reduced the Nordea Group CET1 ratio by around 70bp.

For further information:

Matti Ahokas, Head of Investor Relations, +358 9 5300 8011
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 15.00 EET on 3
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:
Access the news on Oslo Bors NewsWeb site