81BO Swedbank 5.75%

Press Release

23 January 2025

Swedbank's Year-end report 2024

Swedbank's President and CEO Jens Henriksson comments: "Swedbank once again delivers a strong result supported by timing effects."

·    Income rose for the full-year

·    The return on equity was 17.1 per cent for the full-year

·    Strict cost control - the cost/income ratio for the full-year was 0.34

·    Credit quality is solid

·    Changed the Dividend Policy to between 60 and 70 per cent of the annual profit

·    Proposed dividend for 2024 of 21 kronor and 70 öre per share, corresponding to 70 per cent of the profit

·    New Investor Day before the summer

Contact:

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

Charlotte Nilsson, Press communicator, +46 76 534 66 12

This information constitutes inside information that Swedbank AB (publ.) is obliged to make public pursuant to the EU Market Abuse Regulation (EU no596/2014). The information was submitted for publication, through the agency of the contact person set out above, January 23, 2025, 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 Group is the leading bank with over 7 million retail customers and 550 000 corporate customers in our four home markets: Sweden, Estonia, Latvia and Lithuania. Swedbank Group 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

http://www.rns-pdf.londonstockexchange.com/rns/3631U_1-2025-1-22.pdf