· Proposed for re-election to the Board of Directors: Göran Persson, Göran
Bengtsson, Annika Creutzer, Hans Eckerström, Kerstin Hermansson, Helena
Liljedahl, Anna Mossberg, Per Olof Nyman, Biljana Pehrsson and Biörn Riese.
Bengt-Erik Lindgren has declined re-election.
· Göran Persson is proposed as Chair of the Board of Directors.
· PwC AB is proposed for re-election as external auditor.
The Nomination Committee's proposal entails that the number of board members
elected by the general meeting should be ten, i.e. one less than in 2023, of
which five are men and five are women.
Independence according to the Swedish Corporate Governance Code
All proposed board members, except Göran Bengtsson, are considered independent
in relation to the bank and the management of the bank. All proposed board
members are considered independent in relation to the major shareholders of the
bank.
"Swedbank´s Board of Directors is functioning well under the leadership of Göran
Persson and the board members' competences have developed further over the year.
Bengt-Erik Lindgren has declined re-election, and the Nomination Committee would
like to thank him for his contributions to the Board of Directors," says Lennart
Haglund, Chair of the Nomination Committee.
The Nomination Committee proposes that the lawyer Wilhelm Lüning is appointed
Chair of the Annual General Meeting 2024.
The Nomination Committee consists of the following members: Lennart Haglund,
Chair, (Sparbankernas Ägareförening), Ylva Wessén (the owner-group Folksam),
Anders Oscarsson (AMF and AMF Funds), Annette Björkman (the owner-group
Sparbanksstiftelserna), Peter Lundkvist (Tredje AP-fonden), and Göran Persson
(Chair of the Board of Directors of Swedbank).
The entire proposal of the Nomination Committee, including proposal on
remuneration for board members and auditors, Principles on how the Nomination
Committee shall be appointed and Instruction for the Nomination Committee, will
be presented in connection to the convening notice for the Annual General
Meeting and be available on Swedbank's website.
Swedbank's Annual General Meeting (https://www.swedbank.com/about
-swedbank/management-and-corporate-governance/annual-general-meeting.html) will
take place on 26 March 2024.
For further information, please contact:
Lennart Haglund, Chair of the Nomination Committee, telephone: +46 705 575 129.
Swedbank empowers the many people and businesses to create a better future. Our
vision is a financially sound and sustainable society. Swedbank Group is the
leading bank with over 7 million retail customers and 550 000 corporate
customers in our four home markets Sweden, Estonia, Latvia and Lithuania.
Swedbank Group is also present in other Nordic countries, the U.S. and China.
Together we make your financial life easier. Find out more: www.swedbank.com