Swedbank A

Swedbank's Year-end report 2023

Swedbank´s President and CEO Jens Henriksson comments: "Swedbank stands strong

in turbulent times".

· Increased income during the year

· Good cost control - C/I ratio 0.33

· Solid credit quality in a weaker economy

· Strong capitalisation and liquidity

· Swedbank 15/25 - we are delivering on the strategic plan of a sustainable

return on equity of at least 15 per cent by 2025

· Proposed dividend of SEK 15.15 per share

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Contact:

Annie Ho ([email protected]), Head of Investor Relations, +46 70 343 7815

Hannes Mård ([email protected]), Media Relations Manager, +46 73 057 41 95

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, January 24, 2024, at 07:00 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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