Swedbank A

Board/Management Information • Apr 7, 2020

Swedbank recruits new Chief Legal Officer

Swedbank recruits new Chief Legal Officer

Eva de Falck, Chief Legal Officer and Head of Group Legal, leaves her position,

April 14th.

The recruitment of her successor has been initiated.

"As the Financial Supervisory Authorities of Sweden and Estonia now have

concluded their investigations, the time is right for a restart of Group Legal.

Eva de Falck has contributed greatly as Chief Legal Officer. I would like to

thank Eva for her efforts and hard work", says Swedbank's President and CEO,

Jens Henriksson.

Stefan Frisk will be appointed interim Chief Legal Officer and Head of Group

Legal at Swedbank.

Eva de Falck will continue to have board assignments on behalf of Swedbank.

Contact:

Unni Jerndal, Press Officer, Swedbank, ph. + 46 73 092 11 80

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 168 branches in Sweden and 99

branches in the Baltic countries. The group is also present in other Nordic

countries, the US and China. As of 31 December, 2019 the group had operating

profit of 24 420 SEKbn. Read more at www.swedbank.com