Swedbank's Nomination Committee - proposal to the Annual General Meeting on 24 March 2026

09 Jan 2026 16:00 CET

· Re-election of the following Board members: Göran Bengtsson, Annika Creutzer,
Kerstin Hermansson, Helena Liljedahl, Anna Mossberg, Per Olof Nyman, Biljana
Pehrsson, Göran Persson, Biörn Riese and Rasmus Roos. It is noted that Hans
Eckerström has informed the Nomination Committee that he will not be available
for re-election.
· Election of Rikard Josefson.
· Göran Persson is proposed as Chair of the Board of Directors.
· Election of Öhrlings PricewaterhouseCoopers 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. unchanged from 2025, of
which six are men and five are women.

Rikard Josefson has extensive experience from the banking and finance industry.
Among others, he has held the positions as CEO of Avanza and Länsförsäkringar
Bank, and several leading positions within SEB.

Independence according to the Swedish Corporate Governance Code

All proposed Board members, except Göran Bengtsson and Rasmus Roos, are
considered independent in relation to the bank and the management of the bank.
All proposed Board members are considered independent in relation to the major
shareholders of the bank.

The Chair of the Nomination Committee, Bo Lundgren, comments:

"Swedbank has a well-functioning and competent Board of Directors, and with
Rikard Josefson it will be further strengthened with experience from the banking
industry. Hans Eckerström has announced that he will not be available for re
-election. The Nomination Committee would like to thank him for his
contributions to the Board of Directors."

The Nomination Committee proposes that the lawyer Tone Myhre-Jensen is appointed
Chair of the Annual General Meeting 2026.

The Nomination Committee consists of the following members: Bo Lundgren, Chair,
(Sparbankernas Ägareförening), Ylva Wessén (the owner-group Folksam), Annette
Björkman (the owner-group Sparbanksstiftelserna), Anders Hansson (AMF and AMF
Funds), Magnus Tell (Alecta Tjänstepension), 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 (https://www.swedbank.com/about
-swedbank/management-and-corporate-governance/annual-general-meeting.html) will
take place on 24 March 2026.

Contact:

Maria Caneman, Head of Investor Relations
Telephone: +46 72 238 32 10
Email: maria.caneman@swedbank.se

Hannes Mård, Head of Press
Telephone: +46 73 057 41 95
Email: hannes.mard@swedbank.se

Swedbank empowers the many people and businesses to create a better future. Our
vision is a financially sound and sustainable society. Swedbank Group is the
leading bank with over 7 million retail customers and 550 000 corporate
customers in our four home markets Sweden, Estonia, Latvia and Lithuania.
Swedbank Group 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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