Swedbank A

AGM Information • Mar 26, 2024

Swedbank's Annual General Meeting 2024

Swedbank's Annual General Meeting 2024

At today's Annual General Meeting in Swedbank, the meeting decided in accordance

with the Board of Directors' and the Nomination Committee's proposals.

The Annual General Meeting decided that there shall be ten board members and to

re-elect Göran Bengtsson, Annika Creutzer, Hans Eckerström, Kerstin Hermansson,

Helena Liljedahl, Anna Mossberg, Per Olof Nyman, Biljana Pehrsson, Göran Persson

and Biörn Riese. The Annual General Meeting elected Göran Persson as Chair of

the Board of Directors. PricewaterhouseCoopers AB was elected as auditor for the

period until the end of the 2025 Annual General Meeting. Chief Auditor is Anneli

Granqvist. At the statutory Board meeting, Biörn Riese was appointed deputy

Chair of the Board of Directors.

Fees

The Annual General Meeting adopted the following fees:

.    Chair of the Board of Directors SEK 3,250,000,

.    Deputy Chair of the Board of Directors SEK 1,090,000,

.    Other Board members SEK 750,000,

.    Chair of the Board's Risk and Capital Committee SEK 530,000,

.    Other members of the Board's Risk and Capital Committee SEK 305,000,

.    Chair of the Board's Audit Committee SEK 510,000,

.    Other members of the Board's Audit Committee SEK 310,000,

.    Chair of the Board's Remuneration and Sustainability Committee SEK 400,000,

.    Other members of the Board's Remuneration and Sustainability Committee SEK

235,000,

.    Chair of the Board´s Governance Committee SEK 485,000, and

.    Other members of the Board's Governance Committee SEK 295,000.

Auditor's fee shall be payable by approved account.

Profit and loss account and balance sheet and decision on dividend

The Annual General Meeting decided to adopt the profit and loss account and

balance sheet of the bank and the consolidated profit and loss account and

consolidated balance sheet for the financial year 2023.

The Annual General Meeting decided that an ordinary dividend of SEK 15.15 per

share shall be distributed to the shareholders. The record date for the dividend

was set at 28 March 2024.

Other decisions

In addition, the Annual General Meeting decided the following:

.    The members of the Board of Directors, the deputy directors and the CEO

were granted discharge of liabilities.

.    Decision on Principles on how the Nomination Committee shall be appointed

and Instruction for the Nomination Committee's work.

.    Decision to acquire own shares in accordance with the Securities Market

Act.

.    Decision regarding authorisation for the Board of Directors to decide on

the acquisition of own shares in addition to acquisition in accordance with the

Securities Market Act.

.    Decision on authorisation for the Board of Directors to decide on the

issuance of convertibles.

.    Approval of performance and share-based remuneration programs for 2024 for

the Swedbank Group - partly a general 2024 program and partly an individual 2024

program - as well as a decision regarding the transfer of ordinary shares etc.

under the 2024 programs and programs adopted by previous Annual General

Meetings.

.    Decision to amend the Articles of Association.

.    Approval of submitted Remuneration Report.

The Annual General Meeting decided to reject matters submitted by shareholders.

For further information please contact:

Mattias af Geijerstam (Mattias.af.Geijerstam@swedbank.se), Head of Group

Corporate Communication, +46 73 398 05 02

Annie Ho (Annie.ho@swedbank.se), Head of Investor Relations, tel: +46 70 343 78

15

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