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Swedbank A

Capital/Financing Update Feb 16, 2023

2978_rns_2023-02-16_22fec58a-d4fd-4c7e-b1d1-adc9111acf9e.html

Capital/Financing Update

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Swedbank issues Additional Tier 1 Capital

Swedbank issues Additional Tier 1 Capital

Swedbank issues Additional Tier 1 Capital (AT1) to optimise its capital

structure. The USD 500 million issuance has a coupon of 7.625 per cent and an

issue price of 100 per cent.

The loan is perpetual with a call option after 5.5 years. The issuance is in the

form of debt instruments with mandatory conversion into ordinary shares if the

regulatory capital of the bank decreases to a certain level.

The issuance will be subscribed by and allotted to the joint lead managers.

Settlement date is 23 February 2023. The instruments will be listed on the

Global Exchange Market regulated by the Irish Stock Exchange, Euronext Dublin.

Contact:

Peter Stenborn Unni Jerndal

Investor Relations Senior Advisor

[email protected] [email protected]

+46 70 676 6092 +46 73092 1180

This disclosure contains information that Swedbank is obliged to make public

pursuant to the Swedish Securities Markets Act (2007:528), the Swedish Financial

Instruments Trading Act (1991:980) and the regulatory framework of Nasdaq

Stockholm. The information was submitted for publication, through the agency of

the contact person, on [Date and time is inserted automatically].

Swedbank empowers the many people and businesses to create a better future. Our

vision is a financially sound and sustainable society. Swedbank is the leading

bank with over 7 million retail customers and 600 000 corporate customers in our

four home markets Sweden, Estonia, Latvia and Lithuania. Swedbank 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

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