Nordea's Board resolves on transfer of shares under variable remuneration programmes

23 Mar 2023 10:30 CET

Nordea Bank Abp
Stock exchange release - Other information disclosed according to the rules of
the Exchange
23 March 2023 at 11.30 EET

Nordea Bank Abp's (Nordea) Board of Directors has today resolved on a transfer
of own shares with deviation from the shareholders' pre-emptive rights by way of
a directed issuance pursuant to Nordea's variable remuneration awards. The
resolution is based on the authorisation granted to the Board of Directors by
the Annual General Meeting 2022.

In the share issuance, a maximum of 1,500,000 own shares held by Nordea will be
transferred without consideration to participants of variable pay programmes
according to the applicable terms and conditions of the programmes and
regulatory requirements to settle Nordea's commitments for payment of part of
variable pay in shares. The transferred shares are subject to a retention period
in accordance with applicable regulations.

The shares will be transferred on or around 4 April 2023, at the earliest, in
one or several instalments.

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 11.30 EET on 23
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.

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