Comment from the Nomination Committee

Lars Idermark has today informed the Chair of the Nomination Committee that he will immediately leave the board of Swedbank.

The Nomination Committee will intensify its work on strengthening the Board, including a new Chair, in connection with an extraordinary general meeting.

For further questions, contact:

Lennart Haglund, Chairman of the Nomination Committee, tfn +46 070 557 51 29

This announcement involves the disclosure of inside information

Swedbank AB (publ) is required to disclose this information pursuant to Regulation (EU) No 596/2014 on market abuse, the Swedish Securities Markets Act (2007:528), the Swedish Financial Instruments Trading Act (1991:980) and the regulatory framework of Nasdaq Stockholm. This information was sent to be published on 5 April 2019 at [08:05] CET.