Swedbank A

Report Publication Announcement • Apr 27, 2021

National Storage Mechanism | Additional information

RNS Number : 6932W

Swedbank AB

27 April 2021

Press Release

April 27, 2021

Swedbank's Interim report for the first quarter 2021

Swedbank's President and CEO Jens Henriksson comments: "Improved profitability in challenging times".

First quarter 2021 compared with fourth quarter 2020

·    Return on equity increased to 12.8 per cent

·    Profit for the period increased by 10 per cent

·    Net interest income and net commission income stable

with increased income from asset management

·    Expenses according to plan

·    Lower credit impairments

·    Solid capital and liquidity buffers

1) Other income includes the items Net insurance, Share of profit or loss of associates and joint ventures and Other income from the Group income statement.

http://www.rns-pdf.londonstockexchange.com/rns/6932W_1-2021-4-27.pdf

Contact information:

Annie Ho, Head of Investor Relations, +46 70 343 78 15

Unni Jerndal, Head of Group Press Office, +46 73 092 11 80

This announcement involves the disclosure of inside information

Swedbank AB (publ) is required to disclose this information pursuant to Regulation (EU) No 596/2014 on market abuse, the Swedish Securities Markets Act (2007:528), the Swedish Financial Instruments Trading Act (1991:980) and the regulatory framework of Nasdaq Stockholm. This information was sent to be published on April 27, 2021 at 07:00 CET.

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