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Legal Proceedings Report • Jul 1, 2022

Swedbank has received a claim from the Swedish Pensions Agency

Swedbank has received a claim from the Swedish Pensions Agency

Swedbank has today received a claim from the Swedish Pensions Agency regarding

Swedbank's historic role as a custodian bank for the fund Optimus High Yield

2012-2015.

Swedbank has received a letter concerning Swedbank's role as custodian bank for

the fund Optimus High Yield 2012-2015. The Swedish Pensions Agency has set a

claim for the bank of SEK 4 billion. The claim concerns a ten-year-old matter

and has not been preceded by any correspondence or information to Swedbank from

the Swedish Pensions Agency. The bank is now allocating relevant resources to

handle the matter and answer the Swedish Pensions Agency.

"We will review and evaluate the claim directed at the bank as a custodian bank

in this matter," says Jens Henriksson, President and CEO of Swedbank.

The bank does not make any accounting provision related to the claim from the

Swedish Pensions Agency.

Contact:

Unni Jerndal, Senior Advisor, telephone +46 730 921180

Annie Ho, Head of Investor Relations, telephone +46 702 437815

This disclosure contains 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, on 01-07

-2022 20:40 CET.

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