Swedbank A

Swedbank's Year-end report 2022

Swedbank´s President and CEO Jens Henriksson comments: "Swedbank will have a

sustainable return on equity of 15 per cent".

· Strong result with growing net interest income during the year

· Good credit quality

· Business priorities and financial plan for sustainable profitability

announced

· Adjusted risk exposure amount - capital buffer decreases to 3.4 per cent

· Proposed dividend of SEK 9.75 per share

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Contact:

Annie Ho Unni Jerndal

Head of Investor Relations Senior Advisor

+46 70 343 7815 +46 73092 1180

This disclosure contains information that Swedbank is obliged to make public

pursuant to the EU Market Abuse Regulation (EU nr 596/2014) and the Swedish

Securities Markets Act (2007:528). The information was submitted for

publication, through the agency of the contact person, on January 31, 2023, at

07:00 CET.

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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