Swedbank's Annual General Meeting 2012

Swedbank's Annual General Meeting 2012

At today's Annual General Meeting, Charlotte Strömberg was elected as new member
to the Board of Directors.
Current Board members Olav Fjell, Ulrika Francke, Göran Hedman, Lars Idermark,
Anders Igel, Pia Rudengren, Anders Sundström, Karl Henrik Sundström and Siv
Svensson were re-elected. The Annual General Meeting re-elected Lars Idermark as
Chair of the Board of Directors. The Annual General Meeting resolved unchanged
Board fees.

Anders Sundström was elected Deputy Chair at the Board of Directors' statutory
meeting held directly after the Annual General Meeting. The statutory meeting
also decided that the Risk and Capital Committee shall consist of Lars Idermark,
Chair, Ulrika Francke, Göran Hedman, Pia Rudengren and Anders Sundström. The
Audit and Compliance Committee shall consist of Ulrika Francke, Chair,
Karl‑Henrik Sundström and Siv Svensson and the Remuneration Committee shall
consist of Lars Idermark, Chair, Olav Fjell, Anders Igel, Charlotte Strömberg
and Anders Sundström.
Dividend
The Annual General Meeting decided that the dividend for fiscal 2011 distributed
to shareholders shall be SEK 5.30 per preference share and SEK 5.30 per ordinary
share. The dividend cut-off date was set at 30 March 2012. Given the cut-off
date, the dividend will be distributed by Euroclear on 4 April 2012.
Other decisions
Decision on guidelines for remuneration to top executives
Decision on amendment of the Articles of Association, which requires approval
from the Swedish Supervisory Financial Authority (S-FSA) prior to registration
Decision on reduction of the share capital and a bonus issue, which requires
approval from the S-FSA prior to registration
Decision to acquire own shares in accordance with the Securities Market Act
Decision on authorisation for the Board of Directors to decide on the
acquisition of own shares in addition to the acquisition in accordance with the
Securities Market Act
Decision on authorisation for the Board of Directors to decide on issuance of
convertible instruments
Performance and share based remuneration program for 2012 for the Swedbank Group
- partly a common 2012 program and partly an individual 2012 program - as well
as a decision regarding the transfer or ordinary shares etc under the 2012
program and previous programs decided by the General Meeting.

The proposal submitted by Christer Dupuis was rejected by the Meeting.
Lars Idermark’s and Michael Wolf's address to the AGM can be both read and seen
(webcast) on www.swedbank.se/ir during the day.
For further information please contact:
Lars Idermark, Chair, Swedbank, tel: 08-743 26 70
Michael Wolf, President and CEO, Swedbank, tel: 08-585 927 66
Thomas Backteman, Head of Corporate Affairs, Swedbank, tel: 070-831 11 66

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 9.7 million retail customers and around
634,000 corporate customers and organizations with 317 branches in Sweden and
over 200 branches in the Baltic countries. The group is also present in other
Nordic countries, the U.S., China, Russia and Ukraine. As of 31 December, 2011
the group had total assets of SEK 1,857 billion. Read more at www.swedbank.com