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Legal Proceedings Report • Jul 1, 2022

July 1, 2022

Swedbank has received a claim from the Swedish Pensions Agency

Swedbank has today received a claim from the Swedish Pensions Agency regarding Swedbank's historic role as a custodian bank for the fund Optimus High Yield 2012- 2015.

Swedbank has received a letter concerning Swedbank's role as custodian bank for the fund Optimus High Yield 2012-2015. The Swedish Pensions Agency has set a claim for the bank of SEK 4 billion. The claim concerns a ten-year-old matter and has not been preceded by any correspondence or information to Swedbank from the Swedish Pensions Agency. The bank is now allocating relevant resources to handle the matter and answer the Swedish Pensions Agency.

"We will review and evaluate the claim directed at the bank as a custodian bank in this matter," says Jens Henriksson, President and CEO of Swedbank.

The bank does not make any accounting provision related to the claim from the Swedish Pensions Agency.

Contact:

Unni Jerndal, Senior Advisor, telephone +46 730 921180 Annie Ho, Head of Investor Relations, telephone +46 702 437815

This disclosure contains information that Swedbank is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on 01-07-2022 20:40 CET.

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