Swedbank A

AGM Information • Mar 19, 2014

Swedbank's Annual General Meeting 2014

Swedbank's Annual General Meeting 2014

Today's Annual General Meeting adopted that there shall be nine board

members and re-elected Ulrika Francke, Göran Hedman, Lars Idermark,

Anders Igel, Pia Rudengren, Anders Sundström, Karl-Henrik Sundström and

Siv Svensson, and elected Maj-Charlotte Wallin to the Board of

Directors. The Annual General Meeting elected Anders Sundström as Chair

of the Board of Directors. Deloitte AB was elected as auditors for the

period until the end of the 2018 Annual General Meeting and it was

decided that new Articles of Association be adopted.

Lars Idermark was elected Deputy Chair at the Board of Directors'

statutory meeting held directly after the Annual General Meeting. The

statutory meeting also decided that the Risk and Capital Committee shall

consist of Göran Hedman, Chair, Anders Sundström, Ulrika Francke, Lars

Idermark and Pia Rudengren. The Audit Committee shall consist of Ulrika

Francke, Chair, Karl-Henrik Sundström, Siv Svensson, Anders Sundström

and Maj-Charlotte Wallin. The Remuneration Committee shall consist of

Anders Sundström, Chair, Lars Idermark and Anders Igel.

Fees

The Annual General Meeting adopted the following fees:

· Chair of the Board of Directors to SEK 2 350 000 (SEK 1 350 000),

· Deputy Chair of the Board of Directors to SEK 800 000 (SEK 675 000),

· Other Board members to SEK 500 000 (SEK 400 000),

· Chair of the Board's Audit Committee to SEK 250 000 (SEK 175 000),

· Other members of the Board's Audit Committee to SEK 200 000 (SEK 125

000),

· Unchanged fees for each member of the Board's Remuneration Committee

i.e. SEK 100 000,

· Unchanged fees for the Chair of the Risk and Capital Committee i.e.

SEK 250 000,

· Reduction of fees to other member of the Risk and Capital Committee

to SEK 200 000 (SEK 250 000).

Dividend

The Annual General Meeting decided that the dividend for fiscal 2013

distributed to shareholders shall be SEK 10.10 per ordinary share. The

dividend cut-off date was set at 24 March 2014. Given the cut-off date,

the dividend will be distributed by Euroclear on 27 March 2014.

Other decisions

In addition, the Annual General Meeting adopted the following:

· Decision on the guidelines for remuneration to top executives

· Decision to acquire own shares in accordance with the Securities

Market Act

· Decision on authorisation for the Board of Directors to decide on

the acquisition of own shares in addition to acquisition in accordance

with the Securities Market Act

· Decision on authorisation for the Board of Directors to decide on

the issuance of convertible debentures

· Performance and share-based remuneration programme for 2014 for the

Swedbank Group - partly a general 2014 programme and partly an

individual 2014 programme - as well as a decision regarding the transfer

of ordinary shares (or other financial instruments of the bank) etc

under the 2014 programmes and programmes adopted by previous Annual

General Meetings.

On Swedbank's website, www.swedbank.se/ir, it will be possible on the

day to read and view via web TV Anders Sundström's and Michael Wolf's

speeches to the Annual General Meeting. (http://www.swedbank.se/ir)

For further information please contact:

Cecilia Hernqvist, Head of Group Communications, Swedbank, tel. +46 8

585 907 41

Anna Sundblad, Press Manager, Swedbank, tel. +46 70 321 39 95

Swedbank promotes a sound and sustainable financial situation for the

many people, households and companies. Our vision is to contribute to

development "Beyond Financial Growth". As a leading bank in the home

markets of Sweden, Estonia, Latvia and Lithuania, Swedbank offers a wide

range of financial services and products. Swedbank has 8 million retail

customers and around 556 000 corporate customers and organisations with

305 branches in Sweden and approximately 180 branches in the Baltic

countries. The group is also present in other Nordic countries, the US

and China. As of 31 December 2013 the group had total assets of SEK

1 820 billion. Read more at www.swedbank.com