Changes to the Nomination Committee’s proposals to SEB’s Annual General Meeting 2022

The notice of SEB’s Annual General Meeting 2022 was announced in a press release on 21 February 2022. In the press release, the Nomination Committee's proposals for the number of Directors and Directors were presented. The Nomination Committee has informed SEB of its decision to amend the proposal and propose new election of one further Director. The Nomination Committee therefore proposes that 11 Directors be elected and proposes new election of John Flint for the period up to and including SEB’s Annual General Meeting 2023.

The updated proposal to the Annual General Meeting 2022 means that the Nomination Committee proposes re-election of Marcus Wallenberg, Signhild Arnegård Hansen, Anne-Catherine Berner, Winnie Fok, Sven Nyman, Lars Ottersgård, Jesper Ovesen, Helena Saxon and Johan Torgeby and new election of Jacob Aarup-Andersen and John Flint.

John Flint, a British citizen, was born in 1968 and has a BA in Economics from Portsmouth Polytechnic, UK. John Flint is since 2021 the CEO of the UK Infrastructure Bank, UK. He was a member of the Independent Review Panel on Ring-Fencing Legislation and Proprietary Trading, UK. John Flint has long experience from banking and finance business and has held a number of positions within HSBC, both in South-East Asia and in the UK and most recently as the Group Chief Executive. He has also been the HSBC Group Treasurer and Head of Retail Banking and Wealth Management and has held positions within HSBC Trading and Capital Markets. John Flint has no holding of shares in SEB.

SEB will hold its AGM on Tuesday 22 March 2022, at 13:00 CET at Stockholm Concert Hall, Hötorget, Stockholm. Given the continued spread of Covid-19, the Board of Directors has decided that shareholders shall be able to exercise their voting rights at the AGM also by postal voting. The Nomination Committee’s proposal, as well as an updated form for postal vote, are available on the bank’s website, sebgroup.com, and at the bank's head office on Kungsträdgårdsgatan 8 in Stockholm. Postal votes that have already been submitted using the previous form are still valid. It is also possible to submit a new postal vote, in which case the latter postal vote will apply instead of the previously submitted postal vote.

For further information, contact:
Pawel Wyszynski, Head of Investor Relations
+46 70 462 2111
pawel.wyszynski@seb.se

Press contact:
Niklas Magnusson, Group Press Officer
+46 70 763 8243
niklas.x.magnusson@seb.se

SEB is a leading northern European financial services group with a strong belief that entrepreneurial minds and innovative companies are key in creating a better world. We take a long-term perspective and support our customers in good times and bad. In Sweden and the Baltic countries, SEB offers financial advice and a wide range of financial services. In Denmark, Finland, Norway, Germany and the United Kingdom, the bank's operations have a strong focus on corporate and investment banking based on a full-service offering to corporate and institutional clients. The international nature of SEB's business is reflected in our presence in more than 20 countries worldwide, with around 15,500 employees. At 31 December 2021, the Group's total assets amounted to SEK 3,304bn while its assets under management totalled SEK 2,682bn. Read more about SEB at https://www.sebgroup.com