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.

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Swedbank promotes a sound and sustainable financial situation for the many people, households and companies. As a leading bank in the home markets of Sweden, Estonia, Latvia and Lithuania, Swedbank offers a wide range of financial services and products. Swedbank has over 7 million retail customers and around 600 000 corporate customers and organisations with 172 branches in Sweden and 122 branches in the Baltic countries. The group is also present in other Nordic countries, the US and China. As of 30 June, 2019 the group had total assets of SEK 2 480 billion. Read more at www.swedbank.com

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