6 February 2024

Swedbank issues Additional Tier 1 Capital

Swedbank issues Additional Tier 1 Capital (AT1) to optimise its capital structure. The USD 650 million issuance has a coupon of 7.750 per cent and an issue price of 100 per cent.

The loan is perpetual with a call option after 6.5 years. The issuance is in the form of debt instruments with mandatory conversion into ordinary shares if the regulatory capital of the bank decreases to a certain level.

The issuance will be subscribed by and allotted to the joint lead managers. Settlement date is 13 February 2024. The instruments will be listed on the Global Exchange Market regulated by the Irish Stock Exchange, Euronext Dublin.

Contact:

Peter Stenborn, Investor Relations, +46 70 676 60 92

Hannes Mård, Media Relations Manager, +46 73 057 41 95

Swedbank AB (publ) is required to disclose this information pursuant to 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 6 February 2024 at 22.00 CET.