Swedbank A

The Board of Directors of Swedbank utilises authorisation to acquire own shares to be used for employee compensation programmes

Swedbank's Annual General Meeting 2024 decided to authorise the company's Board

of Directors to resolve on the acquisition of own shares. Swedbank's Board of

Directors has today decided to use this authorisation for the purpose of

ensuring delivery of shares to participants in Swedbank's performance- and share

-based compensation programs (Eken 2024 and IP 2024, together "the Programs").

The acquisition of shares will be carried out in accordance with Nasdaq

Stockholm's Nordic Main Market Rulebook for Issuers of Shares (the "Rulebook"),

the Market Abuse Regulation (EU) No 596/2014 ("MAR"), and Commission Delegated

Regulation (EU) No 2016/1052 (the "Safe Harbour Regulation"). The acquisition of

shares will be managed by an investment firm or a credit institution making its

trading decisions concerning the timing of the acquisitions independently of

Swedbank.

The buyback program is subject to the following conditions:

· Acquisitions may comprise up to 2,300,000 shares for a total amount not

exceeding SEK 700 million, with the purpose of ensuring delivery of shares to

participants in the Programs. However, Swedbank's holding of own shares must

never exceed 10 percent of all shares in the company.

· Acquisitions will only take place on Nasdaq Stockholm in accordance with the

Rulebook, MAR, and the Safe Harbour Regulation.

· The acquisition price per share shall be within the applicable price range

on Nasdaq Stockholm at any given time, defined as the interval between the

highest bid price and lowest ask price continuously published by Nasdaq

Stockholm, while also observing the limitations stipulated by the Safe Harbour

Regulation.

· Acquisitions may occur until the Annual General Meeting 2025.

· Payment for shares shall be made in cash.

As of February 6, 2025, Swedbank's holding of own shares amounts to 6,686,779

shares. The total number of shares issued by Swedbank is 1,132,005,722.

Contact:

Hannes Mård ([email protected]), Media Relations Manager, tel: +46 73 057

41 95

Magnus Alvesson ([email protected]), Head of Investor Relations, tel:

+46 70 610 33 41

Swedbank empowers the many people and businesses to create a better future. Our

vision is a financially sound and sustainable society. Swedbank Group is the

leading bank with over 7 million retail customers and 550 000 corporate

customers in our four home markets Sweden, Estonia, Latvia and Lithuania.

Swedbank Group 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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