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Swedbank A

Legal Proceedings Report May 17, 2022

2978_rns_2022-05-17_fdb2d4af-7fc1-45a2-90c1-d97e1d3da875.html

Legal Proceedings Report

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The Swedish FSA maps Swedbank IT-incident

The Swedish FSA maps Swedbank IT-incident

The Swedish FSA has today notified Swedbank that the authority intends to map

the events that resulted in incorrect account statements for customers.

Swedbank has continuously, during and after the disturbance, informed the

Swedish FSA according to established procedure.

"Swedbank suffered from a substantial IT-disturbance during the night between

April 28 and 29 which affected our customers. This is very serious, and we take

forceful measures to prevent this from happening again. We welcome the Swedish

FSA's initiative to map the events, says Jens Henriksson," President and CEO of

Swedbank.

Contact:

Ralf Bagner, Media Relations Manager, [email protected], +46 73 042 1649

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

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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