Adjustment of Proposal to Swedbank's Annual General Meeting

The Swedish Shareholders’ Association has adjusted its proposal to Swedbank's Annual General Meeting. As a consequence, shareholders who have already voted will be contacted to be informed of the change and asked to vote again.

The Swedish Shareholders’ Association has submitted a proposal for the Annual General Meeting of Swedbank, which will take place on March 25, 2021. The proposal is included in the notice of the Annual General Meeting published on February 17, 2021. On February 23, 2021, the Swedish Shareholders’ Association requested that the proposal be adjusted regarding item 22 c) in the agenda of the notice, to the effect that the proposal under the specified item has the following wording:

''(c) retain a law firm that Swedbank proposes, and which Therium Capital Management Nordic AS accepts, to carry out the Investigation and represent Swedbank as a legal representative in the damages process''. 

Exercise of voting rights at the Annual General Meeting of Swedbank is made via postal voting, in accordance with section 22 of the Act (2020:198) on temporary exemptions to facilitate the conduct of general meetings in companies and associations. Swedbank has therefore on 25 February 2021 changed the postal voting form to be used for voting and which is provided in the manner specified in the notice convening the Annual General Meeting. Shareholders who have cast a vote before the postal voting form has been adjusted as per above, will be contacted and asked to cast their vote again.

Contact:

Swedbank Press Office, tel: +46 858593869