Swedbank A

Board/Management Information • Jun 16, 2021

June 16, 2021

New role in Swedbank's Group Executive Committee

Swedbank has appointed Tomas Hedberg, who is currently Head of the Special Task Force unit, as deputy President and deputy CEO. Tomas Hedberg will take on his new role as of July 1 and will become permanent member of the Group Executive Committee.

The responsibilities include the important partnership with the Savings Banks and to support the CEO in the implementation of the strategic direction.

"I am glad that Tomas Hedberg has accepted to take on the role as deputy President and deputy CEO. By appointing Tomas, we add yet another leader to the Group Executive Committee who truly embodies the Swedbank values and who holds extensive experience from the financial industry," says Jens Henriksson, President and CEO of Swedbank.

Tomas Hedberg will also head the CEO Office, along with the Special Task Force unit. Tomas Hedberg has previously held positions within Swedbank as Head of Group Treasury, CEO of Swedbank Robur and Global Head of FX and Fixed Income.

"I am proud and simultaneously humbled by the challenge of becoming Deputy President and Deputy CEO of the bank. Swedbank has a unique position and I really look forward to continuing the work to create a sustainable future for the many people and businesses in Sweden and in the Baltics," says Tomas Hedberg.

Contact:

Unni Jerndal, Head of Group Press Office, unni.jerndal@swedbank.com, +46 73 092 1180 Annie Ho, Head of IR, annie.ho@swedbank.com, +46 70 343 7815

Swedbank encourages a sound and sustainable financial situation for the many households and businesses. As a leading bank in our home markets of Sweden, Estonia, Latvia and Lithuania, Swedbank offers a wide range of financial services and products. Swedbank has over 7 million retail customers and around 600 000 corporate customers and organisations with 159 branches in Sweden and 81 branches in the Baltic countries. The group is also present in other Nordic countries, the US and China. Read more at www.swedbank.com