Swedbank A

Swedbank's Interim report for the third quarter 2022

Swedbank´s President and CEO Jens Henriksson comments: "In this turbulent time

Swedbank stands strong".

Third quarter 2022 compared with second quarter 2022

· Strong net interest income with higher net interest margin and volume growth

· Slightly increasing net commission income with higher card income and stable

asset management income

· Higher credit impairments due to weaker macroeconomic outlook

· Impairment of goodwill in Norway and software

· First Nordic bank with a new sustainable funding framework including social

assets

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Contact:

Annie Ho Unni Jerndal

Head of Investor Relations Senior Advisor

+46 70 343 7815 +46 73092 1180

This disclosure contains information that Swedbank is obliged to make public

pursuant to the EU Market Abuse Regulation (EU nr 596/2014) and the Swedish

Securities Markets Act (2007:528). The information was submitted for

publication, through the agency of the contact person, on October 27, 2022, 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 is the leading

bank with over 7 million retail customers and 600 000 corporate customers in our

four home markets Sweden, Estonia, Latvia and Lithuania. Swedbank 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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