Mandatum Oyj · OMXHEX:MANTA
Mandatum Oyj — SEB Nordic Seminar 2026
13 slides from Mandatum Oyj's conference presentation, Jan 8, 2026
Slide 1: Mandatum – A winning Asset & Wealth Manager with further expansion potential
Mandatum – A winning Asset & Wealth Manager with further expansion potential Petri Niemisvirta, CEO SEB Nordic Seminar, 8 January 2026
Slide 2: Mandatum at a glance: Value through expertise in wealth management and life insurance
Mandatum at a glance: Value through expertise in wealth management and life insurance MANDATUM IN BRIEF PRODUCTS AND SERVICES Mandatum is a major financial service provider offering services to corporate clients, Private wealth management private customers and institutional and wealth management cus
Slide 3: Over 150 years of experience
Over 150 years of experience NORDIC ASSET MANAGEMENT ASSET AND WEALTH MANAGEMENT IN FINLAND UNIT-LINKED INVESTMENT PRODUCTS OWN BALANCE SHEET INVESTING LIFE & PENSION 1874 1996 2008 2023 2025 Foundation of Sampo Life Ltd Asset and wealth Listing and New life insurance established management establis
Slide 4: Transformation towards capital-light business
Transformation towards capital-light business INSTITUTIONAL AND WEALTH MANAGEMENT Growth engine CORPORATE CLIENTS Capital-light The backbone of CAPITAL- PROFITABLE LIGHT business the customer base GROWTH RETAIL CLIENTS Effective partnership model With-profit business CAPITAL WITH-PROFIT RELEASE Eff
Slide 5: Strong growth in client assets under management
Strong growth in client assets under management Client assets under management (EURbn) Institutional & wealth management Corporate Retail 14.9 14.0 14.0 14.4 13.0 13.3 12.5 11.9 3.5 3.6 11.2 11.2 3.5 3.4 10.8 3.5 10.1 10.3 3.5 3.4 3.2 2.8 3.1 3.1 3.1 2.7 2.8 3.0 2.6 3.0 2.5 2.5 2.3 2.4 2.1 2.2 2.1 2
Slide 6: Strategic Priorities 2025–2028
Strategic Priorities 2025–2028 EXPAND ACCELERATE LEVERAGE FOCUS ON THE NORDIC THE GROWTH OF THE LEADING OPERATIONAL FOOTHOLD IN ASSET FINNISH WEALTH CORPORATE MARKET EFFICIENCY MANAGEMENT MANAGEMENT POSITION
Slide 7: Award-winning products and own distribution in wealth and asset management business driving growth
Award-winning products and own distribution in wealth and asset management business driving growth Mandatum has sticky and satisfied customer base benefitting from own direct distribution network Fastest AuM growth y/y in international Comprehensive product offering Credit and allocation products dr
Slide 8: Harvesting growth opportunities in the Nordic asset and wealth management market
Harvesting growth opportunities in the Nordic asset and wealth management market Mandatum’s market share less than 1% of the addressable market in the Nordics of >EUR 1,000bn International expansion progressing well Solid track record in Finland, Mandatum’s AuM (EURbn) Roots in Finland / 10 sales lo
Slide 9: Top ranked wealth manager with high customer satisfaction
Top ranked wealth manager with high customer satisfaction Best private wealth manager in Finland1 Excellent development of customer satisfaction 83 77 75 73 66 2020 2021 2022 2023 2024 NPS (wealth management) (1) Kantar Prospera Private Banking 2025 Finland -research 9
Slide 10: Award-winning products
Award-winning products Mandatum’s credit team
Slide 11: Mandatum's credit strategies have solid track records
Mandatum’s credit strategies have solid track records Floating-rate as well as low and actively managed duration fixed-rate investments have performed well Returns from EUR gov. and corporate bonds, and Mandatum's credit products (31 Dec 2025) Total Return (Total return; 1/2022-12/2025; %; indexed)
Slide 12: Financial Targets 2025–2028
Financial Targets 2025–2028 SOLVENCY MARGIN >10% CAGR 160–180% RETURN ON EQUITY IN CAPITAL-LIGHT WITH CUMULATIVE ABOVE 20% PROFIT BEFORE TAXES SHAREHOLDER PAYOUTS EXCEEDING EUR 1 BILLION
Slide 13: Q&A
Q&A Investor contacts: Lotta Borgström VP, Investor Relations Tel. +358 50 022 1027 lotta.borgstrom@mandatum.fi