Swedbank's Annual General Meeting 2010

Today´s Annual General Meeting of Swedbank elected three new board members; Lars Idermark, Göran Hedman and Siv Svensson. Lars Idermark was appointed Chair of the Board at the Annual General Meeting. The Annual General Meeting further resolved to re-elect the board members Ulrika Francke, Berith Hägglund-Marcus, Anders Igel, Helle Kruse Nielsen, Pia Rudengren, Anders Sundström and Karl Henrik Sundström. The Board´s statutory meeting immediately following the AGM appointed Anders Sundström as Deputy Chair. It was also decided that the risk and capital committee comprises Lars Idermark, Chair, Ulrika Francke, Göran Hedman, Pia Rudengren and Anders Sundström. The audit and compliance committee comprises Ulrika Francke, Chair, Berith Hägglund-Marcus, Karl-Henrik Sundström and Siv Svensson and the remuneration committee comprises Lars Idermark, Chair, Anders Igel, Helle Kruse Nielsen and Anders Sundström. Dividends It was decided at the Annual General Meeting that no dividend was to be distributed to shareholders for the financial year 2009. Other decisions The Annual General Meeting also resolved, in accordance with the Board´s proposal, to allow the bank, until the next Annual General Meeting 2011, to acquire at any given time in its securities operations, to facilitate these operations, up to 1 percent of the bank´s shares. The price of acquired shares should represent the current market price at the time when purchased The Annual General Meeting decided on the guidelines for the Nomination Committee ahead of next year´s Annual General Meeting. The bank will announce the names of the members of the committee not later than six months before the next Annual General Meeting. The Annual General Meeting also decided on guidelines regarding remuneration policy for Swedbank top executives. A transcription and web cast of Michael Wolf´s presentations at today´s Annual General Meeting will be available on Swedbank´s website: www.swedbank.se/ir Further information, please contact: Lars Idermark, Chair of the Board of Directors, telephone, +46 8-743 26 70 Michael Wolf, CEO, telephone +46 8 585 927 66 Thomas Backteman, Executive Vice President Corporate Affairs, telephone +46 70 831 11 66