SEB S.A.

Regulatory Filings • Jan 9, 2020

Ecully, 9 th January 2020

Regulatory News – Liquidity agreement

BIANNUAL REPORT ON SEB S.A.'S LIQUIDITY AGREEMENT ENTRUSTED TO NATIXIS ODDO BHF - 31 th DECEMBER 2019

An addendum to the liquidity agreement has been executed on 20 December 2019 with NATIXIS ODDO BHF in accordance with the Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse, the Commission Delegated Regulation (EU) 2016/908 of 26 February 2016 supplementing Regulation (EU) No 596/2014 of the European Parliament and the AMF (French Market Authority) decision N° 2018- 01 of 2 July 2018 setting up the liquidity agreements for capital securities as normal market practice.

Under the liquidity agreement entrusted by SEB SA (Paris: SK) to NATIXIS ODDO BHF, the following assets appeared on the dedicated liquidity account at December 31 th , 2019:

• 19 660 SEB shares
• € 1 631 618.22

From 01/07/2019 to 31/12/2019, were executed:

• Purchase: 1 889 transactions
• Sale: 1 757 transactions

On the same period, exchanged volumes were:

• Purchase: 149 991 shares and €21 324 723.70
• Sale: 137 292 shares and €19 493 323.30

For information, the following assets appeared on the liquidity account at June 30 th , 2019:

• 6 961 SEB shares
• € 3 463 018.63

For information, the following assets appeared at the implementation of the agreement, at July 2 nd , 2018:

• 8 225 SEB shares
• € 3 043 039.44

SEB S.A.

SEB SA - N° RCS 300 349 636 RCS LYON – capital 50 307 064 € TVA intracommunautaire : FR 12300349636 Shareholders Department I Campus SEB I 112 Chemin du Moulin Carron | CS 90175 - 69134 ECULLY Cedex France T.+33 (0)4 72 18 16 01 • Fax +33 (0)4 72 18 15 98 | shareholders@groupeseb.com - www.groupeseb.com