Skandinaviska Enskilda Banken Ab Class A · OMXSTO:SEB_A
Skandinaviska Enskilda Banken Ab Class A — Q4 2025 Earnings Presentation
74 slides from Skandinaviska Enskilda Banken Ab Class A's earnings presentation, Jan 29, 2026
Slide 1: Q4 2025 Investor presentation
Q4 2025 Investor presentation 1
Slide 2: Content
Content 1. SEB in brief 2. Financial update Q4 2025 3. Credit portfolio and asset quality 4. Capital 5. Sustainability 6. Macro environment 7. Appendix 2
Slide 3: 1. SEB in brief
1. SEB in brief SIEIB
Slide 4: SEB at a glance
SEB in brief SEB at a glance Leading market Leading northern European corporate bank with international reach, founded in 1856, and positions strong retail franchise in Sweden and the Baltics. Strong operating Operating in economically strong markets , with high proportion of international large cor
Slide 5: Leading northern European corporate bank with strong retail franchise
SEB in brief Leading northern European corporate bank with strong retail franchise in Sweden and the Baltics 2025 2024 2023 Return on equity 13.8% 16.2% 17.9% Common Equity Tier 1 capital ratio 17.7% 17.6% 19.1% Cost/income ratio 0.42 0.38 0.34 Net expected credit loss level 5bps 3bps 3bps Credit ra
Slide 6: Feedback from our customers
SEB in brief Feedback from our customers Nordics Peers in Sweden Sweden All banks 3 Large Corporates Prospera Financial Institutions Prospera Sustainability Advisor Prospera Mid Corporate Prospera 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 2 2 2 2 2 2 1 1 1 1 1 2 3 1 1 1 1 1 1 1 1 1 1 1 2020 2025 2020 2025 202
Slide 7: Focus on returning to positive jaws
SEB in brief Focus on returning to positive jaws Average quarterly income Average quarterly expenses Average quarterly profit before credit losses and imposed levies 19,2 11,1 9,4 8,1 5,9 3,5 2011 2016 2021 2025 2011 2016 2021 2025 2011 2016 2021 2025 Note: Excluding items affecting comparability. 7
Slide 8: A well-balanced credit portfolio and diversified income mix
SEB in brief A well-balanced credit portfolio and diversified income mix compared to peers Credit exposure (EAD) by sector Operating income by type 100% 100% 75% 75% 50% 50% 74% 75% 63% 65% 66% 25% 25% 55% 43% 41% 32% 27% 15% 9% 0% 0% SEB Danske DNB Nordea Swedbank SHB SEB Nordea Danske Swedbank DNB
Slide 9: Increasing share of investment grade companies in SEB's corporate credit portfolio
SEB in brief Increasing share of investment grade companies in SEB’s corporate credit portfolio Risk distribution for SEB’s non-retail corporate portfolio Probability of External Rating Category Default (PD) range equivalent 1 Investment grade 0.0 - 0.4% AAA - BBB Non-investment grade 0.4 - 1.1% BB
Slide 10: Robust asset quality resulting in low credit losses over time
SEB in brief Robust asset quality resulting in low credit losses over time Credit loss level 0,92% • Average annual credit loss level of 0.12% since 2007 • Excluding losses in the Baltics in 2009, average annual credit loss level of 0.09% since 2007 0,30% 0,26% 0,15% 0,11% 0,10% Average 0,08% 0,09%
Slide 11: Strong capital generation
SEB in brief Strong capital generation Return on risk exposure amount 4,3% 3,7% 3,9% 3,4% 3,0% 3,2% 3,2% 2,7% 2,6% 2,7% 2,5% Average 2,0% 2,1% 1,7% 1,9% 1,8% 2.4% 1,6% 1,2% 0,9% 0,2% 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Note: net profit
Slide 12: SEB Group financial targets
SEB in brief SEB Group financial targets Return on equity ~50% 1– 3 percentage points competitive with peers Dividend payout ratio of EPS 1 CET1 ratio above requirement Long-term aspiration 15% Outcome 54% 3.0 percentage points 2 14.0% 3 Share repurchases will be the main form of capital distributio
Slide 13: Financial performance relative peers
SEB in brief Financial performance relative peers SEB Nordic peer average European peer average Cost efficiency Asset quality Cost/income: 2011 -LTM Q3 2025, excl. unusual items Cost of risk: 2011 -LTM Q3 2025 70% 1,0% 50% SEB 46% SEB 30% 0,0% 0.07% 2011 2013 2015 2017 2019 2021 2023 LTM 2011 2013 2
Slide 14: 2. Financial update Q4 2025
2. Financial update Q4 2025 14
Slide 15: Highlights in Q4 2025
Q4 2025 update Highlights in Q4 2025 Return on equity 1 13.6 % • Pick -up in fee and commission income across all divisions offsetting net interest income headwinds Cost income ratio • Credit rating upgraded to AA - by S &P 0.45 • Delivering on the annual cost target and Air Plus in line with plan •
Slide 16: Recent recognitions
Q4 2025 update Recent recognitions Prospera Large Corporate s Prospera Institutional Banking Prospera Syndicated Loans 1 1 3 3 1 1 1 3 3 1 2 2 Nordics 1 (1) Nordics 2 (2) Nordics 1 (3) Prospera Private Banking Sweden SEB Sverigefond awarded Swedish Equity fund of the Year 4 (6) 2024 SEK <10m SEK 10
Slide 17: Development of credit and lending portfolio
Q4 2025 update Development of credit and lending portfolio Credit portfolio by sector Lending by sector SEK bn QoQ YoY QoQ YoY 1 800 Corporates (FX - -1% 3% 1 600 adjusted) 0% 1% -3% -3% 1 400 Corporates -2% -5% 1 200 1 000 0% 1% 800 Households 1 0% 1% 0% 2% Swedish mortgages 1 0% 2% 600 400 0% 0% P
Slide 18: AirPlus status update
Q4 2025 update AirPlus status update EPS accretive excl. Well placed to grow fee income from implementation cost for 2025 European corporates On track to be EPS accretive incl. implementation costs in 2026 18
Slide 19: Business plan update: business growth 2026
Q4 2025 update Business plan update: business growth 2026 Wealth & asset management Corporates & financial institutions Retail banking Selectively grow outside the Continue the digital Improve digital capabilities Nordics transformation journey Accelerate international Targeted efforts in private Le
Slide 20: Business plan update: technology and efficiency 2026
Q4 2025 update Business plan update: technology and efficiency 2026 Modernisation of the tech stack New technologies Progress on the core infrastructure Broaden roll -out of AI tools transformations Several efficiency initiatives to speed up Leverage opportunities from Sferical AI and development Qi
Slide 21: Focus on returning to positive jaws
Q4 2025 update Focus on returning to positive jaws Average quarterly income Average quarterly expenses Average quarterly profit before credit losses and imposed levies 19,2 11,1 9,4 8,1 5,9 3,5 2011 2016 2021 2025 2011 2016 2021 2025 2011 2016 2021 2025 Note: Excluding items affecting comparability.
Slide 22: Financial summary FY 2025
Q4 2025 update Financial summary FY 2025 SEK m FY 2025 FY 2024 RoE 1 Operating income 76,939 81,887 -6% 14.0% Operating expenses 32,596 30,949 +5% Net ECL level 5bps Operating profit 38,898 46,043 -16% C/I 0.42 Net profit 31,063 35,865 -13% CET1 ratio Earnings per share (SEK) 15.6 17.5 -11% 17.7% 1
Slide 23: Financial summary Q4 2025
Q4 2025 update Financial summary Q4 2025 SEK m Q4 2025 Q3 2025 Q4 2024 Net interest income 10,067 10,418 -3% 11,112 -9% Net fee and commission income 6,814 6,287 +8% 6,508 +5% 1 Net financial income 1,990 1,889 +5% 2,061 -3% RoE 13.6% Operating income 18,894 18,664 +1% 19,985 -5% Operating expenses
Slide 24: Net interest income development
Q4 2025 update Net interest income development Net interest income (SEK bn) Net interest income (SEK bn) Jan -Dec 2024 vs Jan -Dec 2025 Q3 2025 – Q4 2025 -10% 45,9 41,3 10.4 10.1 -0.2 -0.2 0.0 0.0 Q3 2025 CIB BRB Baltic WAM, Funding, Q4 2025 Jan-Dec 2024 Jan-Dec 2025 Other 24
Slide 25: Net fee and commission income development
Q4 2025 update Net fee and commission income development Net fee and commission income (SEK bn) Net fee and commission income by income type (SEK bn) Jan -Dec 2024 vs Jan -Dec 2025 Q4 2023 – Q4 2025 YoY QoQ Net securities commissions (custody, mutual funds, brokerage) 10% 2,4 2,8 2,9 26,5 +4% +13% 2
Slide 26: Net financial income development
Q4 2025 update Net financial income development Net financial income (SEK bn) Net financial income development (SEK bn) Jan -Dec 2024 vs Jan -Dec 2025 Q4 2023 – Q4 2025 . Mean and standard deviation (SD) based on last 16 quarters -21% NFI Divisions NFI Other 11,4 +1 SD 2,4 3.1 Mean 2,1 2,0 2.5 0,5 -
Slide 27: AI progress and priorities
Q4 2025 update AI progress and priorities Highlights 2025 In focus 2026 Offering Getting use cases From exploration Integrating into the to focus on into production products prioritised areas Enhance processes Roll-out of AI tools visible to clients AI Running Enabling Sferical AI for access AI star
Slide 28: Cost target for 2026
Q4 2025 update Cost target for 2026 Costs 2025 SEK 32.6 bn Inflation +1,000m Of which Salary +650m Other +350m Running & developing ~2% increase Investments +400m Cost reducing actions -700m AI, regulatory & resilience +500m Implementation costs AirPlus -400m Cost target 2026 SEK 33.4 +/– 0.25bn Not
Slide 29: Development of CET1 buffer quarter-on-quarter
Q4 2025 update Development of CET1 buffer quarter-on-quarter Buffer above regulatory requirement, bps 21 360 17 -50 300 -13 -19 -15 ~250 100 – 300bps Target buffer ~-50 Remaining Article 3 REA for Baltic IRB models 1 30 Sep 2025 Profit net Special dividend Share REA FX REA Article 3 Other 2 31 Dec 2
Slide 30: Strong asset quality and balance sheet
Q4 2025 update Strong asset quality and balance sheet 2024 Q4 2025 Asset quality Asset quality Net expected credit loss level 3bps Net expected credit loss level 5bps Funding & liquidity Funding & liquidity Customer deposits (SEK) 1,681bn Customer deposits (SEK) 1,702bn Liquidity coverage ratio (LCR
Slide 31: 3. Credit portfolio and asset quality
3. Credit portfolio and asset quality 31
Slide 32: Well balanced credit portfolio with robust asset quality
Credit portfolio and assetquality Well balanced credit portfolio with robust asset quality Corporate franchise growth strategy has driven credit portfolio development in past decade Robust asset quality resulting in low credit losses SEK bn 2 000 Corporates Households 0,4% Housing co-ops Residential
Slide 33: Lending portfolio more sector-diverse than competitors'
Credit portfolio and assetquality Lending portfolio more sector-diverse than competitors’ Lending portfolio by industry 1 Q2 2025, total lending excl. banks, reversed repos and collateral margin 100% Public Administration Other 80% Mining and quarrying Hotels and restaurants Electricity, gas and wat
Slide 34: Corporate portfolio focused on large corporates
Credit portfolio and assetquality Corporate portfolio focused on large corporates, 55% 55% diversified across industries Focus on large corporates Industry diversification and low on -balance sheet exposure Corporate exposure by division (excludes real estate) Share of credit portfolio excluding ban
Slide 35: Conservative approach to real estate lending
Credit portfolio and assetquality Conservative approach to real estate lending 12% Real estate exposure mainly in Sweden and other Nordics Closely monitored credit growth SEK bn Commercial real estate Residential real estate 8% 3% Sweden 15% Other Nordic 200 SEK 372bn Baltics 100 74% Germany & other
Slide 36: Real estate portfolio remains resilient
Credit portfolio and assetquality Real estate portfolio remains resilient 55% 12% Slight increase in stage 2 real estate volumes, although they remain at low levels % of real estate loans in Stage 2 and Stage 3 Stage 2 Stage 3 0,1% 0,2% 0,2% 0,2% 0,1% 0,0% 3,6% 3,0% 2,7% 2,3% 1,3% 1,4% Dec Dec Dec D
Slide 37: Swedish household mortgage portfolio of high asset quality
Credit portfolio and assetquality 22% 1 Swedish householdmortgage portfolio of high asset quality and based on affordability Swedish householdmortgage lending Low LTVs by global and regional Solid market fundamentals and underwriting Lending growth vs total market ,SEK bn standards criteria: SEB len
Slide 38: Continued robust credit quality
Credit portfolio and assetquality Continuedrobust credit quality Stage 2 and 3 gross carrying amounts ECL allowances by stage and Stage 3 coverage ratio Total ECL allowances and portfolio model overlays SEK bn SEK bn SEK bn Stage 2 exposure Stage 3 exposure Stage 3 ECJ Portfolio Stage 2 Stage 1 60%
Slide 39: Macroeconomic scenarios used in Q4 2025
Credit portfolio and assetquality Macroeconomicscenarios used in Q4 2025 Three scenarios for ECL modelling GDP growth assumptions Q4 2025 (Q3 2025) Positive scenario: Base scenario: Negative scenario: 20% probability (20%) 55% probability (55%) 25% probability (25%) 3,7% 4,1% Probability -weighted E
Slide 40: 4. Capital
4. Capital SIEIB
Slide 41: Strong capital position
Capital Strong capital position CET1 capital ratio Total capital ratio % % 100 -300bps 300bps CET1 capital buffer target 21.6 17.7 T2 2,4 18.8 P2G 17.7% AT1 1,4 0,5 2,5 Capital conservation CET1 capital ratio implying 300bps 14.7 0,5 1,6 buffer buffer above regulatory requirement Countercyclical buf
Slide 42: Development of CET1 capital buffer and REA
Capital Development of CET1 capital buffer and REA CET1 capital buffer and REA, Q -on-Q CET1 capital buffer and REA, Y -on-Y Buffer above regulatory requirement, bps SEK bn 21 360 - 50 17 300 -13 - 19 - 15 -53 147 - 13 64 -89 290 - 60 15 300 30 Sep Profit net 1 Special Share REA Art 3 REA FX REA oth
Slide 43: Capital buffer to cover FX and interest rate sensitivities
Capital Capital buffer to cover FX and interest rate sensitivities and general macro uncertainties Sensitivity to currency fluctuations Sensitivity of Swedish pension surplus As per 31 Dec 2025 to interest rates SEK EUR USD NOK Pension liabilities DKK GBP Other Impact of ±5% SEK vs. other 70 Surplus
Slide 44: 5. Liquidity and funding
5. Liquidity and funding SIEIB
Slide 45: Strong credit ratings
Liquidity and funding Strong credit ratings “Stand -alone Rating institute Short term rating” Long term Uplift Outlook • S&P upgraded rating to AA - and stable outlook in November 2025 Fitch F1+ Aa- AA- 0 Stable • Fitch affirmed rating and outlook in May 2025 Moody’s P-1 A3 Aa3 3 Positive • Moody’s
Slide 46: Strong balance sheet structure
Liquidity and funding Strong balance sheet structure Strong balance sheet structure with deposits as Stable structural funding position primary source of funding 31 December 2025 Net Stable Funding Ratio (NSFR) SEK 3,671bn 109% 112% 111% 113% Min. 100% Life Insurance Life Insurance Derivatives and o
Slide 47: Strong liquidity position
Liquidity and funding Strong liquidityposition High Quality Liquid Assets • Liquidity portfolio is invested in 31 Dec 2025, SEK 659bn, by assets and currency high quality liquid assets (predominantly SSA’s and covered 1% bonds) that are central bank eligible Cash & holdings in 23% central banks 26%
Slide 48: Stable and diversified deposit base
Liquidity and funding Stable and diversified deposit base Deposits SEK bn, quarterly development FX -adjusted 2000 Treasury deposits QoQ YoY • Well diversified deposit base with Financial proven stable corporate deposit base 1500 10% 26% through long-term relationship model 1000 Corporate -2% 3% Hou
Slide 49: Well-balanced long-term market funding profile
Liquidity and funding Well-balanced long-term market funding profile Long-term market funding by product Issuance history SEK bn equivalent, total SEK 587bn, per 31 Dec 2025 SEK bn 39 10 Covered bonds SEK 17 5 Covered bonds non-SEK 5 59 121 16 39 EUR 11 27 265 Senior preferred debt 28 5 14 29 5.25bn
Slide 50: MREL requirements and available funds
Liquidity and funding MREL requirementsand available funds MREL requirement Subordination requirement % of REA (SEK 986bn) % of REA (SEK 986bn) Total available Total required Total available Total required SEK 390bn SEK 349bn SEK 321bn SEK 280bn +380 bps +420 bps SNP need: SEK 66bn 39.5% SNP availab
Slide 51: International bond issuance in 2024-2025
Liquidity and funding International bondissuance in 2024-2025 Type ISIN CCY Amount (+/ - TCCY) Market quote Issue date Maturity First call date = green format Tier 2 XS2774448521 EUR 500,000 6m Euribor+180 20-Feb-24 27-Nov-34 27-Nov-29 SP US830505AZ66 USD 650,000 UST+73 27-Feb-24 5-Mar-27 SP US83050
Slide 52: SEB's covered bonds and cover pool
Liquidity and funding SEB’s covered bonds and cover pool • 100% Swedish residential Outstanding covered bonds Cover pool mortgages , which historically have 31 Dec 2025 31 Dec 2025 had very low credit losses Moody’s rating Aaa Total residential mortgage assets SEK 710bn • More concentrated towards s
Slide 53: Cover pool characteristics
Liquidity and funding Cover pool characteristics Type of collateral Interest rate type Regional distribution in Sweden Residential apartment Larger regional buildings 22% Fixed rate reset <2y cities 26% Stockholm 16% region 43% Single family homes 50% Floating (3m) Tenant owned 77% Fixed rate reset
Slide 54: SEB issues green bonds to finance green loans
Liquidity and funding SEB issues green bonds to finance green loans Eligible green asset portfolio - linked to one of SEB’s Eligible green asset portfolio by category sustainability goals, the Sustainability Activity Index , SEK bn 31 December 2024 (SEK 83bn) 4% 3% 8% Renewable energy 95 83 Green bu
Slide 55: 6. Sustainability
6. Sustainability SIEIB
Slide 56: SEB - a catalyst in the transition to a sustainable society
Strategy and sustainability SEB - a catalyst in the transition to a sustainable society Our sustainability objectives A selection of our commitments Net-zero emissions in our lending and investment • The UN Global Compact 2050 portfolios, at the latest • The Principles for Responsible Banking • Net
Slide 57: Our climate ambitions and goals to ensure progress
Strategy and sustainability Our climate ambitions andgoals to ensure progress • SEB has the power, opportunity and responsibility to impact the world we operate in Carbon Exposure Sustainability 2030 Sector • As part of our sustainability strategy and Targets Index Activity Index ambition to be a le
Slide 58: Carbon Exposure Index: goal to reduce fossil credit exposure by 45-60% by 2030
Strategy and sustainability Carbon Exposure Index: goal to reduce fossil credit exposure by 45-60% by 2030 2019=100 SEB’s fossil credit exposure EUR 11.5bn Net Zero – World – without CCUS 1 >30% decrease Change >70% decrease 2030 vs 2019 Divergent Net Zero – Europe – Remind Power Energy fossil credi
Slide 59: Sustainability Activity Index to accelerate our efforts
Strategy and sustainability Sustainability Activity Index to accelerate our efforts Ambition to increase average activity 6x -8x by 2030 1 Sustainability -related financing Sustainable finance advisory Volume, increase vs 2021 Volume, increase vs 2021 8.0x 10.0x SEK 131bn 3.0x SEK 328bn Q4 2025 Q4 2
Slide 60: 2030 Sector targets
Strategy and sustainability 2030 Sector targets • Targets in line or exceeding relevant net -zero scenarios • New sector included in 2024: shipping • The seven sectors cover 77% of SEB 2023 financed emissions → Financed emissions r educed by 49% since 2020 1 Financed emissions Progress Sector target
Slide 61: 2030 Sector target benchmarks
Strategy and sustainability 2030 Sector target benchmarks Oil & Gas: E&P and refining Shipping Power generation 17 peers – Index, 2020=100 ( mtCO 2e) 7 peers – Index, 2022=100 (g CO2e / tonne nautical mile) 20 peers – g CO 2 e / kWh Peers’ target range IEA Net Zero 2050 SEB Peers’ target range SEB 1
Slide 62: ESG ratings
Strategy and sustainability ESG ratings ESG rating institute Rating Rating scale AA AAA – CCC 0-10 negligible, 10 -20 low, 20-30 15.1 (low risk) medium, 30-40 high, 40+ severe C A+ – D- 62
Slide 63: 7. Macroeconomic environment
7. Macroeconomic environment 63
Slide 64: Our home markets: Sweden
Macroenvironment Our homemarkets: Sweden GDP development Indexed Q4 2019 = 100 Key ratios Sweden 2024 2025F 2026F 2027F Sweden Euro area GDP growth (%) 1.0 1.7 (1.3) 3.0 (2.8) 2.9 (2.9) 110 Unemployment rate (%) 8.4 8.9 8.8 8.3 100 CPIF (%) 1.9 2.6 1.2 1.4 90 Public sector debt/GDP (%) 34.0 34.5 36.
Slide 65: Deep dive: strong Swedish economy in comparison
Macroenvironment Deep dive: strong Swedish economy in comparison High level of employment Households have a strong asset base National employment level (20 -64 years) Q3 2025 Swedish households’ assets and debt (SEK tn), Q3 2025 30 Funds 82% 81% Bank deposits 25 76% 76% Equities 75% 72% 20 Pensions
Slide 66: Deep dive: signs of recovery in Swedish economy
Macroenvironment Deep dive: signs of recovery in Swedish economy Corporate lending closely follows past economic Rising exports despite strong SEK sentiment Export of goods and services, fixed prices, index 2019=100 Household consumption has started to recover High investment levels, especially excl
Slide 67: Our home markets: Nordics
Macroenvironment Our homemarkets: Nordics GDP development Indexed Q4 2019 = 100 Norway Finland Denmark Euro GDP growth (%) 2024 2025F 2026F 2027F 110 Denmark 3.5 2.5 (1.5) 2.7 (2.5) 3.0 (2.8) 100 Finland 0.4 0.1 (0.0) 0.8 (0.3) 1.5 (1.5) 90 Norway 1.5 1.2 (0.7) 0.9 (1.2) 0.6 (0.6) 80 2019 2020 2021
Slide 68: Our home markets: Germany and United Kingdom
Macroenvironment Our homemarkets: Germany and UnitedKingdom GDP development Indexed Q4 2019 = 100 Euro Germany United Kingdom GDP growth (%) 2024 2025F 2026F 2027F 110 100 Germany -0.5 0.2 (0.3) 1.0 (1.2) 1.3 (1.4) 90 80 United Kingdom 1.1 1.4 (1.4) 1.0 (1.0) 1.4 (1.3) 70 2019 2020 2021 2022 2023 20
Slide 69: Our home markets: Baltics
Macroenvironment Our homemarkets: Baltics GDP development Indexed Q4 2019 = 100 Estonia Latvia Lithuania Euro GDP growth (%) 2024 2025F 2026F 2027F 110 Estonia -0.1 0.6(0.7 ) 2.7 (2.5) 2.8 (2.8) 100 Latvia 0.0 1.9 (1.5) 2.3 (1.9) 2.4 (2.3) 90 Lithuania 3.0 2.6 (2.5) 3.2 (3.2) 2.1 (2.1) 80 2019 2020
Slide 70: 8. Appendix and contacts
8. Appendix and contacts SIEIB
Slide 71: Summary key financials
Appendix Summary key financials 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 Profitability Return on equity, % 1) 14.0 16.2 17.9 14.5 13.9 10.3 13.8 13.4 12.9 11.3 12.9 13.1 Cost/income ratio, % 2) 42 38 34 39 42 45 46 48 48 50 49 50 Asset quality Net ECL level / Credit loss level, %
Slide 72: Summary key financials: notes
Appendix Summary key financials: notes Notes: 1) Excl . Items affecting comparability incl. technical impairment (write-down) of goodwill a. 2014: Excluding capital gains of SEK 2,982m ( sale of non-core business and shares ) b. 2015: Excluding a cost of SEK 902m relating to the Swiss Supreme Court’
Slide 73: Contacts
Contacts Pawel Wyszynski Philippa Allard Per Andersson ⎯ ⎯ ⎯ Head of Investor Relations Investor Relations - debt Investor Relations - equities Pawel.wyszynski@seb.se philippa.allard@seb.se per.andersson@seb.se +46 70 462 21 11 +46 70 618 83 35 +46 70 667 74 81 Mikael Anttila Amelie Blecher (materni
Slide 74: Create value. Act long-term. Build positive relationships.
Create value. Act long-term. Build positive relationships. Positively shaping the future, with responsible advice and capital. Today and for generations to come.
Skandinaviska Enskilda Banken — Q4 2025 Earnings Presentation on 6ix