Press Release 13 November, 2013 Jonas Erikson, currently head of Group Treasury at Swedbank, has been appointed head of Group Products. He succeeds Catrin Fransson who is leaving Swedbank to become President and CEO of the Swedish Export Credit Corporation. Helo Meigas, currently head of Russia & Ukraine, has been appointed head of Group Treasury. The changes will take effect at the turn of the year. Jonas Erikson has worked at Swedbank since 2009 and has a proven track record as an analyst in the equities market. Helo Meigas is appointed head of Group Treasury. She has worked at Swedbank since 2005, starting as head of the Investment Management Division in Estonia. She subsequently had a series of management positions in the Baltic countries as well as in Sweden, since 2011 as head of the Russia and Ukraine business area. Helo Meigas will become a member of Swedbank's Group Executive Committee of which Jonas Erikson is already a member. "Catrin Fransson has been a very popular member of staff at Swedbank and the Savings Banks for almost three decades and her experience has been a significant asset," says Michael Wolf, Swedbank's President and CEO. For further information, please contact: Peter Borsos, head of Communications, Swedbank, phone: + 46 70-317 68 00 Emma Bergfeldt, press officer, Swedbank, phone: +46 70 203 49 99 Swedbank promotes a sound and sustainable financial situation for the many people, households and companies. Our vision is to contribute to a development "Beyond Financial Growth". As a leading bank in the home markets Sweden, Estonia, Latvia and Lithuania, Swedbank offers a wide range of financial services and products. Swedbank has 8 million retail customers and around 600,000 corporate customers and organizations with 306 branches in Sweden and approximately 180 branches in the Baltic countries. The group is also present in other Nordic countries, the U.S. and China. As of 30 September, 2013 the group had total assets of SEK 1,832 billion. Read more at www.swedbank.com

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