Nordea Bank AB

Nordea's Board resolves on transfer of shares under variable remuneration programmes

Nordea Bank Abp

Stock exchange release - Other information disclosed according to the rules of

the Exchange

29 January 2025 at 16.00 EET

Nordea Bank Abp's ("Nordea") Board of Directors has today resolved on a transfer

of own shares with deviation from the shareholders' pre-emptive rights by way of

a directed issuance pursuant to Nordea's variable remuneration awards. The

resolution is based on the authorisation granted to the Board of Directors by

the Annual General Meeting held on 21 March 2024.

In the share issuance, a maximum of 2,800,000 own shares held by Nordea will be

transferred without consideration to participants of variable pay plans

according to the applicable terms and conditions of the plans and regulatory

requirements to settle Nordea's commitments for payment of part of variable pay

in shares. The transferred shares are subject to a retention period in

accordance with applicable regulations.

The shares will be transferred on or around 18 March 2025, at the earliest, in

one or several instalments.

For further information:

Ilkka Ottoila, Head of Investor Relations, +358 9 5300 7058

Media inquiries, +358 10 416 8023 or [email protected]

The information provided in this stock exchange release was submitted for

publication through the agency of the contacts set out above, at 16.00 EET on 29

January 2025.

We are a universal bank with a 200-year history of supporting and growing the

Nordic economies - enabling dreams and aspirations for a greater good. Every

day, we work to support our customers' financial development, delivering best-in

-class omnichannel customer experiences and driving sustainable change. The

Nordea share is listed on the Nasdaq Helsinki, Nasdaq Copenhagen and Nasdaq

Stockholm exchanges. Read more about us at nordea.com.

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