Swedbank A

New role in Swedbank's Group Executive Committee

Swedbank has appointed Tomas Hedberg, who is currently Head of the Special Task

Force unit, as deputy President and deputy CEO. Tomas Hedberg will take on his

new role as of July 1 and will become permanent member of the Group Executive

Committee.

The responsibilities include the important partnership with the Savings Banks

and to support the CEO in the implementation of the strategic direction.

"I am glad that Tomas Hedberg has accepted to take on the role as deputy

President and deputy CEO. By appointing Tomas, we add yet another leader to the

Group Executive Committee who truly embodies the Swedbank values and who holds

extensive experience from the financial industry," says Jens Henriksson,

President and CEO of Swedbank.

Tomas Hedberg will also head the CEO Office, along with the Special Task Force

unit. Tomas Hedberg has previously held positions within Swedbank as Head of

Group Treasury, CEO of Swedbank Robur and Global Head of FX and Fixed Income.

"I am proud and simultaneously humbled by the challenge of becoming Deputy

President and Deputy CEO of the bank. Swedbank has a unique position and I

really look forward to continuing the work to create a sustainable future for

the many people and businesses in Sweden and in the Baltics," says Tomas

Hedberg.

Contact:

Unni Jerndal, Head of Group Press Office, [email protected], +46 73 092

1180

Annie Ho, Head of IR, [email protected], +46 70 343 7815

Swedbank encourages a sound and sustainable financial situation for the many

households and businesses. As a leading bank in our home markets of Sweden,

Estonia, Latvia and Lithuania, Swedbank offers a wide range of financial

services and products. Swedbank has over 7 million retail customers and around

600 000 corporate customers and organisations with 159 branches in Sweden and

81 branches in the Baltic countries. The group is also present in other Nordic

countries, the US and China. Read more at www.swedbank.com

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