Swedbank A

The Estonian prosecutor's investigation of Swedbank AS is closed

Swedbank AS in Estonia has today been informed that the investigation conducted

by the State Prosecutor´s Office shows that no crime has been committed and that

the investigation therefore is being closed. The investigation pertained to the

years between 2014 and 2016 examined whether money was laundered within Swedbank

AS.

The investigation began after the Estonian Financial Supervisory Authority in

2019 November handed over part of its investigation into Swedbank AS to the

Estonian Public Prosecutor's Office. Swedbank AS has cooperated fully with the

authority.

"With the decision of the prosecutor in Estonia, we can leave yet another

investigation of historical shortcomings behind us," says Tomas Hedberg, Head of

Special Task Force and Vice President of Swedbank.

Contact:

Mattias af Geijerstam ([email protected]), Head of Group

Corporate Communication, +46 73 398 05 02

Annie Ho ([email protected]), Head of Investor Relations, +46 70 343 78 15

This information constitutes inside information that Swedbank is obliged to make

public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The

information was submitted for publication, through the agency of the contact

person set out above, February 29, 2024, at 13:30 CET.

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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