Refund of VAT and adjustment of comparative figures due to revised accounting for Discontinued Operations

01 Apr 2026 17:33 CEST

Refund of VAT

In 2024 and 2025 Handelsbanken refunded VAT for the period 2016-2019 as a result
of a new method for calculating deductible VAT.

On the back of the Bank's application to the Swedish Tax Agency to refund VAT
for the period 2020-2025, SEK 1.1bn of VAT refund will be recognized as other
income in Q1 2026.

Adjustment of comparative figures due to revised accounting for Discontinued
Operations

Handelsbanken decided in the autumn of 2021 to cease its operations in Finland
and a process was initiated to divest the operations. Since Q4 2021 the profit
from Finland has been recorded as Profit from Discontinued operations.

After divestments and discontinuations only a minor lending portfolio remains in
Finland, with an associated limited operation that remains under continued
discontinuation. This operation will from Q1 2026 no longer be reported
separately as Profit from discontinued operations and instead be included in the
segment reporting within Other.

Restated comparable figures for the last four quarters are available at
handelsbanken.com/ir.

For further information, please contact:

Peter Grabe, Head of Investor Relations,             +46 70 559 11 67

Handelsbanken's Press Office,                            +46 8 701 80 18

For more information about Handelsbanken, see:
www.handelsbanken.com (https://www.handelsbanken.com/sv/investor-relations)

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