Nordea Bank Abp · OMXHEX:NDA_FI
Nordea Bank Abp — Debt Investor Presentation (September 2023)
24 slides from Nordea Bank Abp's debt investor presentation, September 2023
Slide 1: Nordea Green bond
Nordea Green bond “
Slide 2: Disclaimer
Disclaimer This presentation contains forward-looking statements that reflect management's current views with respect to certain future events and potential financial performance. Although Nordea believes that the expectations reflected in such forward-looking statements are reasonable, no assurance
Slide 3: Sustainability at Nordea
Nordea Sustainability at Nordea
Slide 4: A history of focus on sustainability
UN-backed Principles, for Responsible Investment (UNPRI) A history es] of focus on Nordea Life & Pension becomes founding member of Net:-Zero Asset Owner Alliance 2008 Nordea Asset ° ope Management sustainabilit ‘cameo member of Net- x) Nordea joins Zero Asset S008 2019 rdealo Manager Alliance (Part
Slide 5: Group Leadership Team (GLT), GLT-1 and GLT-2
CO2 € x2 3 3) Group Leadership Team (GLT), GLT-1 and GLT-2 Confidential
Slide 6: Sustainability at the core
Sustainability at the core Further strengthened climate targets in our lending portfolio Progress -19% (2022) Sector Sub-sector Emissions — Metric Base year Baseline Target Target Current status scope year woe AER, -309 Shipping Vessels 1 gCO2/dwt-nm 2019 83 2030 30% 8.4 AER (2021) Residential House
Slide 7: Actively engaging to drive transition and capture growth opportunities
Actively engaging to drive transition and capture growth opportunities • • • • 7 Confidential
Slide 8: Externally validated sustainability commitment
Externally validated sustainability commitment MSCl ESG Rating: AA (Aaa to ccc) lll) {D SUSTAINALYTICS ESG Score: 15.8 (0 to 100)** ISS ESG> Company Rating: C (A+ toD-)* S&P Global f CSA score: 65 (0 to 100)*** } * Highest rating within sector is C+ ** Lower score represents lower ESG risk *** Highe
Slide 9: Green bonds and green funding framework
Nordea Green bonds and green funding framework
Slide 10: Nordea green issuance overview
Nordea green issuance overview Recent green bond issuance (Nordea Bank Abp) May 2023 Nordea Bank Abp — NOK 1,800m 3y Green Senior Non- Nordea Preferred NOK 1.8bn 3m Nibor+145bp / MS+132bp “The successful transaction highlights both excellent market timing and the strength of the Nordea name among in
Slide 11: Use of proceeds - Nordea Bank
Use of proceeds - Nordea Bank Six eligible green bond asset categories in the framework Green bond asset category Sub catego ppin Wind power Solar power Hydro power Integration of renewable energy into the transmission network Renewable energy Production of hydrogen SDG:s 3,7, 8, 9, 11, 12, 13 Energ
Slide 12: Selection and evaluation of green bond assets — Nordea Bank
Selection and evaluation of green bond assets — Nordea Bank A robust decision-making process defines how green bond assets are approved Internal evaluation External evaluation Committee sign-off 1 Nordea selects potential green assets from each financing that is originated by relevant business units
Slide 13: Outstanding amount of green bonds, green deposits and asset portfolio
- - 5,4 - 3,3 - 0,4 Outstanding amount of green Green deposits Green bond asset portfolio bonds -
Slide 14: Nordea covered bond operations
Covered bonds Nordea covered bond operations Four aligned covered bond issuers with complementary roles Legislation Cover pool assets Cover pool size* Covered bonds outstanding* oct Issuance currencies Rating (Moody's / S&P) Included in Nordea Green Framework Issued Green CB's Nordea Eiendomskreditt
Slide 15: Use of proceeds — green covered bonds
Use of proceeds — green covered bonds Three eligible green bond asset categories in the framework - The net proceeds of the green covered bonds issued by either Nordea Eiendomskreditt AS , Nordea Hypotek Green bond asset category b category mapp! Energy performance certificate (EPC) is AB (publ), No
Slide 16: Selection of green mortgage assets
Selection of green mortgage assets Selection process . - The green covered bond committee Nordea selects potential green assets from each financing that is originated according to meets and reviews potential green Nordea’s financing criteria (including the regulatory cover pool eligibility criteria)
Slide 17: Use of proceeds — green covered bonds
Use of proceeds — green covered bonds Outstanding green bonds and green mortgage assets*, EURbn N o N N o Nordea Eiendomskreditt Nordea Eiendomskreditt Nordea Mortgage Nordea Mortage green CB green assets Bank green CB Bank green assets 2,0 2,0 a Nordea Kredit green CB Nordea Kredit green assets Nor
Slide 18: Nordea green assets
Nordea Nordea green assets
Slide 19: Nordea green asset portfolios
Nordea green asset portfolios Green asset portfolios”, EURbn 20 26 22 148 26 54 Nordea Nordea Nordea Nordea Nordea Kredit Total green Bank Abp Eiendomskreditt Hypotek Mortgage Bank asset portfolios 5 Asper31 August 2023 Confidential Nordea green asset portfolios - Continued strong growth in green as
Slide 20: Green bond assets — Nordea Bank
Green bond assets — Nordea Bank Green bond assets — breakdown by category 100 % 80% 60% 40% 20% 0% 20 Green bond asset portfolio mSustainable management of living natural resources mEnergy efficiency = Clean transportation m Pollution prevention and control = Green buildings Renewable enersy Green b
Slide 21: Reporting and external review
Nordea Reporting and external review
Slide 22: External review — ISS ESG SPO update
External review — ISS ESG SPO update 22 ISS ORCRED> ee SECOND PARTY OPINION (SPO) Sustzinablity Guality of the Issuer and Asset Pool Nordea Bank Abp 14 Osteber 2022 VERIFICATION PARAMETERS ESG performance Sustainability impacts of lending and other financial services/products Customer and product re
Slide 23: Nordea Bank green bond report
Nordea Bank green bond report Impact measuremen Categor ubcategor ly) 9°'Y indicators 5 Installed renewable Estimation of avoided Renewable Wind, hydro and . we energy Galen energy production CO2e emissions capacity (MW). compared to baseline Smart grids, Energy efficiency energy storage, district h
Slide 24: Contacts
Contacts: Investor Relations Maria Caneman Head of Debt IR and Ratings Tel: +46 10 156 50 19 Mobile: +46 768 24 9218 maria.caneman@nordea.com Juho-Pekka Jaaskelainen Senior IR Officer Tel:+358 9 5300 6435 Mobile:+358 40 550 91 11 juho-pekka,jaaskelainen@nordea.com Group Treasury Anders Frank-Laessoe
Nordea Bank Abp — Debt Investor Presentation (September 2023) on 6ix