Björn Meltzer new acting head of the business area Large Corporates & Institutions in Swedbank

In 2020, Swedbank has updated the strategic direction. The many changes that the
financial industry is undergoing globally are increasing the demand for
development. The bank's work is entering a new phase that includes management
changes in the business area Large Corporates & Institutions, where Björn
Meltzer will now serve as acting head.

"We have updated the strategic direction for Swedbank as a whole," says Jens
Henriksson President and CEO of Swedbank. "Now I want to see a new leadership
that can steer Large Corporates & Institutions into the future."

Ola Laurin will step down as the current head of Large Corporates & Institutions
and will be at the disposal of the CEO until he leaves the bank.

"I want to thank Ola Laurin for the work he has done to lead the business area
to where it is today. His efforts for the bank in collaboration with Kepler
Chevreux have been important to generating great customer value and giving the
bank a strong position in green bonds," says Jens Henriksson.

Björn Meltzer has until today been Chief Financial Officer within Large
Corporates & Institutions. The recruitment of a permanent head will now begin.

For further information:

Unni Jerndal, Head of Press Office, Swedbank, +46 73 092 11 80

Swedbank encourages a sound and sustainable financial situation for the many
households and businesses. As a leading bank in our home markets of Sweden,
Estonia, Latvia and Lithuania, Swedbank offers a wide range of financial
services and products. Swedbank has over 7 million retail customers and around
600 000 corporate customers and organisations with 160 branches in Sweden and 92
branches in the Baltic countries. The group is also present in other Nordic
countries, the US and China. Read more at www.swedbank.com