Nordea Bank AB

Nordea completes its share buy-back programme announced in October 2025

Nordea Bank Abp

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

the Exchange

15 December 2025 at 12.00 EET

Nordea has now completed its share buy-back programme announced in October2025.

From 20 October 2025 to 12 December 2025, Nordea repurchased 16,742,235 of its

own shares (FI4000297767) at an average price per share of EUR 14.92.

On 16 October 2025, Nordea announced a share buy-back of up to EUR 250m, based

on the authorisation granted to the Board by the 2025 Annual General Meeting.

The purpose of share buy-backs is to maintain an efficient capital structure and

improve shareholder returns. Since the inception of the inaugural buy-back

programme in October 2021, Nordea has distributed EUR 6.5bn to its shareholders

through repurchasing around 624 million shares at an average price of EUR 10.40

per share.

Nordea repurchased the shares in public trading otherwise than in proportion to

the shareholdings of its shareholders (directed repurchases). The repurchased

shares were cancelled on a monthly basis.

The repurchases of this buy-back programme reduced the company's unrestricted

equity by EUR 250m. Nordea now holds 8,673,455 treasury shares for capital

optimisation purposes and 10,299,096 treasury shares for remuneration purposes.

Nordea will continue to usesharebuy-backs as a tool to distributeexcesscapital

in line with its capital policy.

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 12.00 EET on

15 December 2025.

Nordea is a leading Nordic financial services group and the preferred choice for

millions of customers across the region. For more than 200 years, we have

proudly served as a trusted financial partner for individuals, families and

businesses - enabling dreams and aspirations for a greater good. Our vision is

to be the best-performing financial services group in the Nordics, accelerating

through our scale, people and technology. The Nordea share is listed on the

Nasdaq Helsinki, Nasdaq Copenhagen and Nasdaq Stockholm exchanges

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