SEB

Capital/Financing Update • Jul 16, 2025

Stockholm 16 July 2025

Update on SEB's IRB models

SEB's ongoing work to update its Internal Ratings-Based (IRB) models continues and as a result of dialogues with relevant authorities, SEB expects that further work will be required before final approvals are received. Following these dialogues, the group's risk exposure amount (REA) is expected to increase by approximately 5 per cent, related to further work with the models for the Baltic subsidiaries. This increase is expected to be transitory and gradually implemented, likely commencing towards the end of 2025 or the beginning of 2026.

The capital add-on and the increase in REA are expected to be in place until final model approvals are received, which is expected to take a number of years. The final outcome on REA is subject to regulatory approval.

This disclosure contains information that SEB is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on 16-07-2025 06:30 CET.

For further information, contact: Pawel Wyszynski, Head of Investor Relations +46 70 462 2111 pawel.wyszynski@seb.se

Petter Brunnberg, Head of Media Relations & External Communication +46 70 763 5166 petter.brunnberg@seb.se

SEB is a leading northern European financial services group with international reach. We exist to positively shape the future with responsible advice and capital, today and for generations to come. By partnering with our customers, we want to be a leading catalyst in the transition to a more sustainable world. In Sweden and the Baltic countries, SEB offers financial advice and a wide range of financial services. In Denmark, Finland, Norway, Germany and the United Kingdom, we have a strong focus on corporate and investment banking based on a full-service offering to corporate and institutional clients. The international nature of SEB's business is reflected in our presence in more than 20 countries worldwide, with around 19,100 employees. At 30 June 2025, the Group's total assets amounted to SEK 4,110bn while assets under management totalled SEK 2,744bn. Read more about SEB at sebgroup.com.