Nomination to the Board of Directors of Swedbank 2015

The nomination committee proposes re-election of all board members Anders
Sundström, Ulrika Francke, Göran Hedman, Lars Idermark, Anders Igel, Pia
Rudengren, Karl-Henrik Sundström, Siv Svensson and Maj-Charlotte Wallin.
According to the proposal the number of board members, to be elected at the
Annual General Meeting (AGM), is nine. Furthermore, the nomination committee
proposes Anders Sundström as Chair of the Board of Directors.

The nomination committee proposes to raise the remuneration for the Board of
Directors calculated on an annual basis as follows, corresponding to an average
raise of 1.93 percent: SEK 2 390 000 (2 350 000) for the Chair of the Board of
Directors; SEK 815 000 (800 000) for the Vice Chair of the Board of Directors;
SEK 510 000 (500 000) for the ordinary members of the Board of Directors; SEK
255 000 (250 000) for the Chair of the Board’s audit committee; SEK 205 000
(200 000) for other members of the Board’s audit committee; SEK 255 000
(250 000) for the Chair of the Board’s risk and capital committee; SEK 205 000
(200 000) for other members of the Board’s risk and capital committee. Unchanged
remuneration is proposed for each member of the Board’s remuneration committee
i.e. SEK 100 000,

Swedbank AB’s nomination committee proposes that fees to the auditor continue to
be paid on approved account.

Swedbank AB’s 2015 AGM will take place at Dansens Hus in Stockholm, on 26 March
2015. The nomination committee proposes Claes Zettermarck, lawyer, as Chair of
the 2015 AGM.

Prior to the 2015 AGM, the nomination committee comprises the following: Lennart
Anderberg, appointed by owner-group Föreningen Sparbanksgruppen, Chair of the
nomination committee; Ramsay Brufer, appointed by Alecta; Jens Henriksson,
appointed by Folksam; Johan Sidenmark, appointed by AMF; Anders Sundström, Chair
of the Board of Directors of Swedbank AB.

The entire proposal of the nomination committee will be included in the AGM
invitation and also be available on Swedbank’s website.

For further information, please contact:
Lennart Anderberg, Chair of the nomination committee, Swedbank AB, tel: +46 73
226 00 59
Anna Sundblad, Press Manager, Swedbank, tel: +46 70 321 39 95

Swedbank promotes a sound and sustainable financial situation for the many
people, households and companies. Our vision is to contribute to development
“Beyond Financial Growth”. 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 8 million retail customers and around
600 000 corporate customers and organisations with 314 branches in Sweden and
156 branches in the Baltic countries. The group is also present in other Nordic
countries, the US and China. As of 31 December 2014 the group had total assets
of SEK 2 121 billion. Read more at www.swedbank.com