Cevian Capital controls 4.64% of Swedbank AB (publ.)

Please be advised that Cevian Capital controls c. 4.64% of the shares in Swedbank AB (publ.) through Cevian Capital II (and associated fund entities) and a long-term agreement with a co-investor. Cevian’s Funds own 41 523 931 shares in Swedbank which represents c. 3.58% of the total number of shares. The co-investor, entities controlled by the US investor Carl Icahn, holds an additional c. 1.06% of the company’s total number of shares.

For further information please contact Christer Gardell or Jonas Synnergren (Tel +46 8 545 675 50).

About Cevian Capital

Cevian Capital is Europe’s largest dedicated active ownership fund, managing c. $3.5 billion for over 100 institutional and other clients from Europe, North America, and the Middle East. Cevian invests in companies that it finds attractive on an as-is basis, but where it sees significant scope for the creation of real, long-term value through active, hands-on ownership. Typically, this entails improvements in operations, governance, strategy/structure, and financial management. Cevian’s investment strategy was developed by its founders in 1996.