Länsförsäkringar Liv to closely analyse decision by Financial Supervisory Authority

Håkan Danielsson, President of Länsförsäkringar AB, said the following: “The Swedish Financial Supervisory Authority stated in its rejection that we fulfil all of the conditions for demutualisation to a profit-distributing life-assurance company except with regard to crediting (distributing profits to policyholders). We do not share the Financial Supervisory Authority’s opinion in this respect. Also, we do not believe that the Authority’s opinion is in accordance with previous demutualisations that have taken place.” For further information, please contact Håkan Danielsson, President, Länsförsäkringar AB, +46 73 964 11 42 Jörgen Svensson, President, Länsförsäkringar Liv, +46 73 964 06 08 Christer Baldhagen, Senior Vice President Corporate Communications, Länsförsäkringar AB, +46 70 579 70 66

About Us

Länsförsäkringar is Sweden’s only customer-owned and locally established banking and insurance group. The customers in each of the counties in the country own their local and independent regional insurance company. The 23 regional bank and insurance companies cooperate in the jointly owned Länsförsäkringar AB, which conducts development and provides services within banking, life assurance, non-life insurance and animal insurance. Länsförsäkringar offers a broad range of insurance and banking services for individuals, companies and farming. All companies within the Länsförsäkringar Alliance are environmentally certified in accordance with ISO 14001.

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