Swedbank Ab Class A · OMXSTO:SWED_A
Swedbank Ab Class A — Q4 2025 Earnings Presentation
72 slides from Swedbank Ab Class A's earnings presentation, Jan 29, 2026
Slide 1: Investor presentation
ion Investor presentat
Slide 2: Disclaimer
● Certain statements made in this presentation are forward ● None of Swedbank AB or any of its directors, officers or looking statements. Such statements are based on current employees nor any other person accepts any liability expectations and are subject to several risks and uncertainties whatsoev
Slide 3: Financial results, liquidity and funding, cover pool data, economy
Financial results Liquidity and funding Cover pool data Swedish and Baltic economy © Swedbank 3
Slide 4: Swedbank's purpose and strategic priorities
• By providing guidance on your terms • By helping you to be more sustainable • By supporting you in a proactive way • By making the difficult simple An attractive workplace for An efficient, profitable and A standardised, scalable employees with a culture based compliant bank and financial and stab
Slide 5: Swedbank at a glance
~80% of loan book Mortgages Savings Insurance Payment Swedbank Swedbank Swedbank franchise Loan-to-deposits CET1 capital buffer Hypotek Robur Insurance Mobile App Internet bank LCR NSFR ~16% of loan book Partnership Branches with more than Customer 140 in Sweden Impairment ratio 55 Savings centre 69
Slide 6: Key financial figures 2021-2025
13.2 13.3 18.3 17.1 15.2 35.0 10 25.0 15.0 30.4 30.87 Earnings per share, SEK 28.98 -40 18.6 19.4 Return on equity, % 5.0 -5.0 -90 Cost to income ratio 0.54 0.44 0.40 0.33 0.34 Credit impairment 1 8 9 ratio, bps 00 -1 ~300bps buffer CET1 capital ratio, % 20.6 18.3 19.0 17.8 17.8 70 70 50 50 50 Divid
Slide 7: Carbon neutrality and interim target setting
2050 Carbon neutrality and interim target setting 2050 Swedbank Robur combined fund capital will be net zero by 2050 latest. 2030 Reduce direct greenhouse gas emission by 60 per cent1) 2030 Reduce financed emissions in line with 1.5-degree pathways2) 2027 Ambition to grow sustainable lending volumes
Slide 8: Financed emissions reduction targets
● Mortgages: reduce the financed emission intensity by 39 per cent (kgCO2e/m2) ● Commercial real estate: reduce the financed emission intensity by 43 per cent (kgCO2e/m2) ● Oil & gas1): reduce the absolute financed emissions by 50 per cent (tCO2e) ● Power generation: reduce the financed emission int
Slide 9: Strategic focus areas
● Personalisation ● Leverage customer ● Technology and AI ● Availability relationships ● Simplify processes ● Daily banking and asset ● Customer experience ● Restrictive hiring management © Swedbank 9
Slide 10: Targets by 2027
By 20271) Target level Increase availability 80% of calls answered in 3min Number of assisted service interactions -50% from 2024 SB Number of digital sales +50% from 2024 Market share in mortgages and deposits Maintain or increase Market share in mutual funds and insurance Increase Discretionary in
Slide 11: Return on equity target 2027
17.1% ≥15% ● Volume growth ● Ancillary income growth ● Cost discipline ● CET1 buffer of 200bps RoE NII NII Ancillary Expe- Bank Credit Capital 70% Excess RoE 2024 rate volumes income nses tax impair- gener- annual capital 2027 effect ments ation divid- reduc- end1) tion 1) Assumed pay-out ratio of
Slide 12: Financial results
Financial results Liquidity and funding Cover pool data Swedish and Baltic economy © Swedbank 12
Slide 13: Return on equity of 14.7 per cent
18.6 17.3 17.0 17.1 17.3 QoQ +1% TOTAL ● Return on equity of INCOME SEK 17.3bn Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 14.7 per cent ● Cost/Income ratio 0.36 6.7 6.1 6.1 6.0 6.3 QoQ +4% ● Credit impairment ratio 7 bps TOTAL EXPENSES SEK 6.3bn ● CET1 capital ratio 17.8 per Q4 2024 Q1 2025 Q2 2025 Q3
Slide 14: Income statement summary
▲ ▲ Net interest income 10 775 10 819 0% 44 000 49 267 -11% Net commission income 4 249 4 117 3% 16 320 16 716 -2% Net gains and losses 982 847 16% 3 227 3 687 -12% Other income 1 334 1 322 1% 5 189 4 435 17% Total income 17 340 17 105 1% 68 736 74 104 -7% Total expenses 6 268 6 030 4% 24 532 25 376
Slide 15: Stabelo and Entercard consolidation
Net interest income 10 775 178 ● Stabelo fully consolidated as per 4 Net commission income 4 249 42 November and Entercard as per 1 Net gains and losses 982 -4 December 2025 Other income 1 334 11 ● Limited impact on RoE and C/I-ratio Total income 17 340 228 ● Loan volumes: Stabelo SEK 17bn, Total ex
Slide 16: Lending volumes
QoQ +2.9% QoQ +3.5% 2 8 44 1 585 1 532 +18 44 1 882 9 9 1 847 -9 1 829 Q3 2025 Private Corporate Stabelo & Q4 2025 Entercard QoQ +2.9% 297 4 5 306 Q3 2025 Sweden1) Baltic Q4 excl. Stabelo & FX Q4 2025 Q3 2025 Private Corporate Q4 2025 Banking FX Entercard 1) Sweden including Swedish Banking, Premium
Slide 17: Deposit volumes
QoQ +0.3% QoQ -0.8% 869 862 +13 -2 -5 21 1 306 1 297 1 293 Q3 2025 Private Corporate Q4 2025 -7 -10 QoQ +4.8% 423 13 7 444 Q3 2025 Sweden1) Baltic Q4 excl. FX FX Q4 2025 Q3 2025 Private Corporate Q4 2025 Banking 1) Sweden including Swedish Banking, Premium and Private Banking, Corporates and Institu
Slide 18: Net interest income development
QoQ -0.4% ● Higher volumes partly mitigated -43 negative impact from lower interest rates 10 819 178 10 775 661 502 ● Lower funding cost partly offset by lower income from central bank placements -747 -638 ● FX SEK -52m Interest income Interest expense Q3 2025 Lending Deposit Cash with Wholesale Sta
Slide 19: Net commission income development
QoQ +3.2% ● Securities & corporate finance higher +132 due to year-end fees ● Asset management commissions 176 72 15 4 249 supported by stock market 4 117 -112 -18 performance – Fund net inflow, SEK 11bn – AuM growth of +3% ● Card commissions seasonally lower Q3 2025 Securities & Asset Cards & Insur
Slide 20: Net gains and losses
● Continued strong business activity ● Positive revaluations in Treasury ● Positive revaluations in equity 173 982 holdings 172 32 -33 638 Client Bond Funding Liquidity Equity Total NGL trading inventories (Treasury) portfolio holdings & Q4 2025 Other © Swedbank 20
Slide 21: Other income
QoQ +0.9% ● Lower net insurance due to higher +12 claims and negative revaluations 1 322 36 20 1 334 ● Higher results from partly owned companies (Associates) -10 -34 ● Other includes income from sold -44 services to savings banks Net insurance Q3 2025 Underlying Revaluations Associates Other Q4 202
Slide 22: Delivering on FY 2025 cost guidance
QoQ +3.9% ● Delivering on FY 2025 cost guidance – Full-year reported cost SEK 24.5bn Costs C/I ratio +238 – VAT recovery of SEK 963m in Q4 of 6 740 which SEK 125m for 2021 6 115 6 119 6 268 5 986 6 030 – Stabelo and Entercard Q4 costs SEK 180m – Endowment of EUR 10m for Lithuania 0.36 0.36 0.36 0.35
Slide 23: Cost guidance for 2026
● Cost guidance for 2026 of SEK 27.5bn (~3 per cent ) ~3% – Net of efficiencies, cost 0.8 27.5 headwinds, investments 1.5 1.6 26.7 24.5 25.1 – Based on current FX rates1) - 0.8 - 0.2 FY 2025 VAT Temp Stabelo & FY 2025 Stabelo & Pro forma Annual Cost 1) EUR/SEK: 10.60 cost recovery investments Enterc
Slide 24: Solid asset quality
354 355 433 ● Solid asset quality ● Total credit impairments of SEK 355m corresponds to an impairment 44 ratio of 7bps in Q4 -228 -62 ● Rating – downgrade of a few larger -186 corporate customers Macro Rating & stage Post model Individual Other, incl. Entercard, Total credit scenarios migrations adj
Slide 25: Financial results
Financial results Liquidity and funding © Swedbank 25
Slide 26: Loan portfolio by segment and sector
Private mortgage & other 60.9% Commercial 8.2% Tenant owner associations 5.1% 1 1461) Sweden Residential properties 5.0% Baltic Banking Agriculture, forestry, fishing 3.2% Private Other Industrial and Warehouse 2.6% 60% Public sector and utilities 2.5% 7361) Retail and wholesale 2.4% Manufacturing 2
Slide 27: Loans and impairments by stage
Q4 2024 – Q4 2025, SEKbn Q4 2024 – Q4 2025, SEKbn 1 806 1 795 1 823 1 834 1 885 6.2 6.1 6.1 5.3 5.6 100% 12 11 11 10 9 100% 167 159 155 156 152 90% 80% 2.4 2.4 2.6 2.2 2.0 80% 60% 70% 1 627 1 625 1 657 1 668 1 723 40% 2.7 2.4 2.2 2.0 2.3 60% 20% 1.2 1.2 1.3 1.1 1.2 50% 0% Q4 2024 Q1 2025 Q2 2025 Q3
Slide 28: Loan portfolio breakdown
SEKbn © Swedbank 1) Total loans, carrying amount, SEK 1 882bn, Q4 2025 28
Slide 29: Focus on strong cash flows and collateral
● Focus on strong cash flows Q4 2025, per cent Q4 2025, SEK 259bn in total and collateral ● Average LTV − Property management, 87 52 per cent 10% SEK 110 326bn 80% 10% − Non-residential, 52 per cent 24 − Residential, 54 per cent 39 Sweden Residential Baltics Commercial Norway & Finland Industrial &
Slide 30: Well functioning financing market
Q3 2025 disclosures, per cent ● Well functioning financing market 8.6% 8.6% 8.9% 8.8% 8.7% 8.4% 8.3% 8.5% 8.0% ● Transaction market improving ● Future macro impacting ● Operational performance in Q3 23 Q4 23 Q1 24 Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 Q3 25 focus – Vacancies Q3 2025 disclosures (Q2 2025) –
Slide 31: Swedbank's underwriting criteria
● Full recourse (very limited debt forgiveness possibilities) Swedbank’s underwriting criteria ● No securitisation (on balance sheet), no sub-prime market, no 3rd – Minimum 15% own equity (LTV cap of 85%). party origination – In the repayment ability calculation, the interest rate used is the higher
Slide 32: Average loan-to-value of 57 per cent
Q4 2025, private mortgage loans, SEKbn 20 16 97% of portfolio below 70% LTV ● Average loan-to-value of 12 57 per cent 8 4 0 LTV per cent 2004 – 2025, per cent and SEKm of private mortgage loans in Swedbank Mortgage 0.50% 1 400 1 200 ● Past due loans – trending 0.40% >60 days, per cent, LHS >60 days,
Slide 33: Financial results
Financial results Liquidity and funding Cover pool data Swedish and Baltic economy © Swedbank 33
Slide 34: CET1 capital ratio of 17.8%
14.8% 17.8% 1.7% 2.5% 19.0% 21.9% 9.3% ● CET1 capital ratio of 17.8% ● CET1 capital ratio buffer ~300bps1) ~300bps buffer1) ● REA increased by SEK 31bn to 2.9 Pillar 2 Guidance SEK 932bn 0.5 2.5 Leverage ratio req. & P2G ● 100-300bps capital buffer (3.15%) 3.5 1.8 Capital Conservation Buffer range,
Slide 35: MREL decision for 2026
● The National Debt Office MREL decision for 2026 43.8 - MREL 27.4% (buffer of 9.2%) Eligible liabilities - Subordination requirement 8.8 35.8 20.3% (buffer of 6.3%) Market 7.1 ● The combined buffer Confidence Subordinated eligible Charge 13.1 liabilities requirement shall be met in addition to risk
Slide 36: CET1 capital ratio of 17.8 per cent
● CET1 capital ratio of 17.8 per cent ● REA increased by SEK 31bn – Annual update of operational risks ~300bps ● Impact from Stabelo and Entercard of buffer1) 50bps 19.7% 0.3% -0.1% -0.2% -0.1% -0.5% 17.8% ● BoD dividend proposal to AGM; -1.1% – Ordinary dividend of SEK 20.45 per share 14.8% – Speci
Slide 37: Regulatory updates and IRB models
● Phase-in started during 2022 ● The SFSA has imposed an add- ● Applicable since 1 January 2025 with a new default definition, on related to the ongoing review while market risk rules expected followed by a new PD model for of IRB models in the Pillar 2 to apply from 1 January 2027 large corporates
Slide 38: Financial results
Financial results Swedish and Baltic economy Swedish housing and mortgage market © Swedbank 38
Slide 39: Assets and liabilities
SEKbn Assets Liabilities Liabilities (lending) pre-covid (only for comparison) CET1 2 000 AT1 + Tier 2 Senior non-preferred debt Lithuania Senior preferred debt Latvia Estonia 1 500 Other corporate lending, Sweden & other Nordic countries Deposits 1 000 Other private, Sweden Swedish 500 mortgage loa
Slide 40: Liquidity portfolio and ratios
184% Liquidity Coverage Ratio Q4 2025, SEKbn Q4 2025, SEKbn 9 56 6 125% 93 7 Net Stable Funding Ratio 259 280 180 154 >2Y Survival horizon Cash and balances with central banks SEK EUR USD OTHER Sovereigns, central banks or multilateral development banks1 Municipalities or public service entities Ext
Slide 41: Deposits and loan-to-deposit ratio
Transaction accounts On-demand savings Q4 2025, SEKbn Q4 2025, SEKbn Term savings 1 259 1 298 1 300 1 230 1 285 1 131 Private Sweden1) Private Baltic banking Corporate Sweden1) Corporate Baltic banking 920 954 496 494 373 367 52 50 11 9 269 276 53 54 58 57 +41% 329 329 41 155 159 38 309 305 30 28 17
Slide 42: Funding issuance and maturities
1307 1300 365 366 Q3 2025 Q4 2025 310 YTD SEK 170bn 251 FY 2025 102 119 116 129 136 29 33 6 Covered bonds Senior preferred SNP Short-term Deposits Covered Senior SNP Tier2 programmes bonds preferred Covered bonds Senior preferred SNP SEK EUR USD GBP Other AT1(call) Tier2(call) 188 188 124 120 124 12
Slide 43: Green and social assets
Social assets 4 Green buildings 2 10 4 Of which Other1) 55.5bn 2 0% Of which Property upgrade 2.4bn 10 Of which Mortgages, Sweden 58.8bn 10 16% 20% Green assets Of which Mortgages, Baltic banking 16.0bn Clean transportation Renewable energy 4% Pollution prevention and control 18% Sustainable managem
Slide 44: Sustainable bonds outstanding
Continued growth in Q4 (+29% YoY) Outstanding sustainable bonds in Q4 2025 (~SEK 93bn) ● Organic growth, primarily in real-estate ● Issued four green bonds FY 2025 in GBP, EUR and SEK XS2343563214 Green SNP EUR 1 000 0.300 2021 2027* XS2350031048 Green SNP GBP 350 1.375 2021 2027* 165 XS2408003650 G
Slide 45: Credit ratings
● On 21 November 2025, Moody's updated banks methodology and upgraded Swedbank with a Positive outlook from Stable. The affirmation of all our ratings reflects the agency’s view that Swedbank’s funding profile entails low refinancing risk. Moody's revised the outlook on our long-term deposit, issuer
Slide 46: Financial results
Financial results Swedish and Baltic economy © Swedbank 46
Slide 47: Covered bond cover pool overview
Swedbank is a labeled issuer of the ECBC Covered Bond Label Foundation (www.coveredbondlabel.com ) Rating, S&P / Moody’s AAA / Aaa Repayment structure 7 Total pool size SEK 1 122.8bn – Amortising 77% Geographic distribution Sweden 100% – Interest only 23% Current OC-level 179% Weighted average seaso
Slide 48: Cover pool loan types and geography
Swedbank is a labeled issuer of the ECBC Covered Bond Label Foundation (www.coveredbondlabel.com ) Type of loans 31 Dec Geographical distribution, Sweden, per cent 31 Dec (based on loan volume) (based on loan volume) 2025 2025 Residentials 91.5 North 6.7 of which Single-family housing 56.1 Norrbotte
Slide 49: Weighted average LTV on property level 52%
Swedbank is a labeled issuer of the ECBC Covered Bond Label Foundation ● Weighted average LTV on property level 52% (www.coveredbondlabel.com ) LTV distribution per property1 LTV distribution by volume1, 2 30% 30% 25% 25% 20% 20% 15% 15% 10% 10% 5% 5% 0% 0% 00-10 10-20 20-30 30-40 40-50 50-60 60-70
Slide 50: WA LTV per property type
Swedbank is a labeled issuer of the ECBC Covered Bond Label Foundation (www.coveredbondlabel.com ) WA LTV per property type Percentage of the pool Average LTV per loan type 120% 120% 100% 100% 80% 80% 60% 60% 40% 40% 20% 20% 0% 0% 1) 2) Substitute Single-family Tenant ownerTenant owner Multi-family
Slide 51: Over-collateralisation
Swedbank is a labeled issuer of the ECBC Covered Bond Label Foundation (www.coveredbondlabel.com ) ● Current OC-level of 179% 240% Q4 2025 ● Issued SEK 102bn in covered 220% Q4 2024 bonds FY 2025 200% Min req. 2% 180% ● 2% legal minimum requirement Over-collateralisation 160% ● Can withstand a sever
Slide 52: Swedish Covered Bond Act characteristics
● The Covered Bond Act entered into force on July 1, 2004, with most recent amendments effective as per July 8, 2022, and is over-sighted by the Swedish FSA. Its main characteristics are: − Dual recourse to the issuer and cover pool − Dynamic, regulated pool of assets, frequently monitored by the Sw
Slide 53: Financial results
Financial results © Swedbank 53
Slide 54: Swedish economy
Key economic indicators1, 2024-2027 Most recent 2024 2025F 2026F 2027F Real GDP (calendar adjusted) 2.6 (Q3) 1.0 1.8 2.6 2.2 • Kingdom of Sweden rated CPI growth, average 0.3 (Dec) 2.9 0.7 0.4 1.6 Aaa/AAA/AAA CPIF growth, average 2.1 (Dec) 1.9 2.6 1.0 1.5 Unemployment rate (15-74), % of labor force
Slide 55: Inflation, krona, loan growth and interest rates
Inflation slows Krona stronger vs. USD and euro Headline inflation (CPI) and with fixed interest rate (CPIF) Krona (SEK), US dollar (USD), euro (EUR) and trade-weighted 14 index (KIX) 12 135 12 4 10 130 3 11 8 6 2 125 10 4 1 120 2 0 9 0 115 -2 -1 8 110 2022 2023 2024 2025 2021 2022 2023 2024 2025 CP
Slide 56: Baltic economies
Key economic indicators1, 2024-2027 Most recent 2024 2025F 2026F 2027F Real GDP Estonia 0.9 (Q3) -0.1 0.6 2.3 2.6 Latvia 2.5 (Q3) 0.0 1.7 2.3 2.5 Ratings Lithuania 3.0 2.5 3.5 2.5 CPI growth, annual rate Estonia 2.1 (Q3) 4.1 (Dec) 3.5 4.8 2.6 2.4 • Republic of Estonia: A1/AA-/A+ Latvia 3.5 (Dec) 1.3
Slide 57: Economic sentiment
Economic sentiment Confidence indicators, sa, index represents deviations from long term average (=0) Estonia Latvia Lithuania 20 20 20 20 10 10 10 10 10 10 0 0 0 0 0 0 -10 -10 -10 -10 -10 -10 -20 -20 -20 -20 -20 -20 -30 -30 -30 -30 -30 -30 -40 -40 -40 -40 -50 -50 -40 -40 Dec-22 Jun-23 Dec-23 Jun-24
Slide 58: Financial results
Financial results © Swedbank 58
Slide 59: Overall nominal housing prices fell in December
Trends and average house prices, December 2025 1 month 3 months 12 months Tenant owner rights ● Overall nominal housing prices fell in December Sweden total -0.1% -0.1% 0.8% Greater Stockholm 0.5% 0.4% 2.0% ● Prices for apartments and single-family homes Greater Gothenburg Greater Malmoe -1.1% -1.0%
Slide 60: Housing prices and transactions
● Prices for single-family house and apartments increased seasonally adjusted in December. It is the seventh consecutive month of rising prices, albeit slower than earlier in the autumn ● Housing market activity fell monthly but picked up annually in December. Housing prices Housing market transacti
Slide 61: Household mortgage borrowing increases
● Household mortgage borrowing increases, while interest rates decline, and prices rise ● Household debt service declines since peak in 2024 Mortgage loan growth, housing prices and interest rate Households’ interest expenses percent of disposable income percent index 20 8.0 320 18 7.0 300 16 6.0 14
Slide 62: Population growth and household balance sheets
● Population growth slows sharply, as completed housing fell in 2024 ● Household indebtedness levels decline Population growth slows Strong household balance sheets Completed housing and population growth, no. of persons and Household loans as percentage of asset and income housing, 1980-2024 80000
Slide 63: Financial results
Financial results © Swedbank 63
Slide 64: No ongoing AML investigations from Swedish or Baltic authorities
● No ongoing AML investigations from Swedish or Baltic authorities ● US Treasury’s Office for Foreign Assets Control (OFAC) – 19th June 2023, Settlement: Fine of SEK 37m (USD ~3.4m) regarding violation of OFAC regulations ● U.S. Securities Exchange Commission (SEC) – 6th September 2025, investigatio
Slide 65: ESG ratings
As per Q4 ISS Corporate Rating C+ (Prime) MSCI ESG Rating AA Sustainalytics ESG Risk Rating 21.2 © Swedbank 65
Slide 66: Probability weightings
31 December 2025 Positive scenario Baseline scenario Negative scenario 2025 2026 2027 2028 2025 2026 2027 2028 2025 2026 2027 2028 ● Probability weightings Sweden GDP (annual % change) 1 1.8 3.0 2.8 1.7 1.8 2.4 2.2 1.8 1.8 -4.6 -1.2 3.4 ● 66.6 per cent for Unemployment (%) 8.7 8.3 7.5 7.2 8.7 8.4 7.
Slide 67: Property management loans by country
Sweden Sweden Estonia Estonia SEK Latvia SEK Latvia 93bn Lithuania 233bn Lithuania Norway Norway Finland Finland Loans carrying Loans carrying amount, SEKbn 93.5 86.8 0.7 0.3 0.1 0.1 5.5 amount, SEKbn 232.7 172.7 14.1 5.0 13.1 23.0 4.8 Average loan-to- Average loan-to- value3) 54% 54% n.a.1) n.a.1)
Slide 68: Impairment stages
Initial recognition, or no Significant increase in Evidence of impairment significant increase of credit risk credit risk Stage 3 loans Stage 1 loans Stage 2 loans Impairment amounting to Impairment amounting to lifetime expected credit lifetime expected credit losses Impairment amounting to losses
Slide 69: Senior preferred, senior non-preferred and covered bond format
● Senior preferred, senior non-preferred and covered bond format ● Major / opportunistic currencies ● Bullet format, FRN or Fixed ● EUR 20m equivalent minimum size ● Listing is optional ● Program formats available: – GMTN, EMTN, and potentially USD 144a format © Swedbank 69
Slide 70: Funding programmes
100% owned Program Limit Program Limit Long Term Long Term Global MTN USD 40bn Domestic Benchmark CB Unlimited*** USD Senior (144a / Reg.S) USD 15bn EMTN CB EUR 25bn AUD Senior** AUD 10bn Norwegian Benchmark CB Unlimited*** NSV (stand alone doc.) AUD Covered bonds** AUD 10bn Registered CB (stand alo
Slide 71: Issuance table notes
● The table excludes volumes issued on tap in the Swedish domestic covered bond market* * https://www.swedbank.com/investor- relations/debt-investor/funding/covered- bonds/ CB: Covered bonds SP: Senior preferred bonds SNP: Senior non-preferred bonds AT1: Additional Tier 1 capital Tier2: Tier 2 capit
Slide 72: Investor relations contacts
Maria Caneman Magnus Alvesson Mattias Danielsson Annual Report 19 Feb 2026 Head of Investor Relations Equity Equity AGM 24 Mar 2026 Mobile: +46 722 38 32 10 Mobile: +46 706 10 33 41 Mobile: +46 702 11 91 80 Q1 Interim report 29 Apr 2026 maria.caneman@swedbank.se magnus.alvesson@swedbank.com mattias.