Nordea Bank Abp · OMXHEX:NDA_FI
Nordea Bank Abp — Debt Investor Presentation (2025)
29 slides from Nordea Bank Abp's debt investor presentation, 2025
Slide 1: Sustainable funding 2025
Nordea Sustainable funding 2025
Slide 2: Sustainability at the core: long-term objectives and short-term targets
Sustainability at the core Our long-term sustainability objectives supported by short-term targets Our sustainability objectives CO2 Become a net-zero emissions bank by 2050 at the latest Gender balance 40-50% 50% reduction in emissions across investment and lending portfolios reduction in emissions
Slide 3: Nordea is well on-track to reach its 2030 financed emissions target
Sustainability at the core Nordea is well on-track to reach its 2030 financed emissions target Portfolio-wide 2030 target for the lending portfolio Decarbonisation levers in the lending portfolio MtCO2e MtCO2e -36% -40-50% 23.1 25 23.1 20 0.8 14.8 0.7 14.8 6.0 13.9 15 3.1 1.5 0.2 10 5 0 Base year Ex
Slide 4: Continued progress on climate targets in our lending portfolio
Sustainability at the core Continued progress on climate targets in our lending portfolio 2024 progress 40-50% reduction in financed emissions in our lending portfolio by 20301 -36% Sector Sub-sector Emissions scope Metric Base year Baseline Target year Target Residential real Households and tenant-
Slide 5: We engage with our customers to drive sustainable growth
Sustainability at the core We engage with our customers to drive sustainable growth Green assets and sustainability-linked loans Sustainable finance facilitation1 • Facilitated EUR 223bn in Total volumes, EURbn Accumulated volumes, EURbn sustainable financing since start 14.3% of 2022 13.0% 223 11.8
Slide 6: Customer dialogue plays a significant role in accelerating the transition
Customer dialogue plays a significant role in accelerating the transition Nordea’s proprietary tool for assessing the maturity of customers’ transition plans assists Nordea in supporting its customers in their transition, managing transition risks and identifying financing opportunities. 86% of our
Slide 7: Enhanced focus on sustainable funding
IFR Sustainability at the core Sustainable Issuer of the Enhanced focus on sustainable funding Year - 2023 Nordea’s green bond asset portfolio, EUR 24.2bn • EUR 24.2bn assets available for green funding 6% Green buildings 2% 5% 24% - EUR 9.1bn in NBAbp green bond asset portfolio Assets eligible for
Slide 8: A leading position in sustainable funding
Growing sustainable funding A leading position in sustainable funding Sustainable funding outstanding, EURbn The leading sustainable issuer in Europe - EUR 2.5bn green bonds issued during 2025, 16.7 equivalent across different currencies: 15.7 1.0 0.5 - CHF 175m 7y senior non-preferred bond 1.0 13.0
Slide 9: Green funding framework
Nordea ‘ A 2 : es Green funding framework
Slide 10: Green asset categories in the framework
Green funding – Nordea Bank Green asset categories in the framework - Nordea’s green funding framework adheres to the latest edition Percentages of the total green bond assets of the green bond principles and is reviewed annually, most Energy efficiency - 2% recently in March 2025 Renewable energy -
Slide 11: A robust decision-making process
Green funding – Nordea Bank A robust decision-making process Defines how green bond assets are approved We identify potential green bond assets from among the financing originated by each of the 1 relevant business units according to our financing criteria and proposed for selection by the units. In
Slide 12: Outstanding green bonds vs assets
Green funding – Nordea Bank Outstanding green bonds vs assets EURbn - We have established a green bond register, where we record the composition of our green bond asset portfolio and state how we intend to allocate the net proceeds of our green bonds to green bond assets - An amount equal to the net
Slide 13: Green bond assets – Nordea Bank
Green funding – Nordea Bank Green bond assets – Nordea Bank Green bond assets – breakdown by category Green bond assets – breakdown by subcategory Wind Sustainable management 100% Water and waste water 100% of living natural resources management Waste to energy 80% Transmission 80% Energy efficiency
Slide 14: Green asset categories in the framework
Green funding – covered bonds Green asset categories in the framework Construction of new buildings • Energy performance certificate (EPC) is at least 10% lower than the threshold set for the nearly zero-energy building (NZEB) - The net proceeds of the green covered bonds issued by either Nordea Eie
Slide 15: A robust decision-making process
Green funding – covered bonds A robust decision-making process Defines how green covered bond assets are approved The Nordea MCIs identify potential green covered bond assets from among the financing 1 originated according to their financing criteria (including the regulatory cover pool - The green
Slide 16: Outstanding green covered bonds vs assets
Green funding – covered bonds Outstanding green covered bonds vs assets EURbn - We have established green covered bond registers recording composition of the 5 green covered bond asset portfolios and 2.4 2.8 3.4 state how we intend to allocate the net proceeds of green covered bonds issued Nordea Ei
Slide 17: Sustainability-linked loan funding framework
Sustainability-linked loan funding framework
Slide 18: Sustainability-Linked Loan funding framework
Sustainability-linked loan funding Sustainability-Linked Loan funding - The Sustainability-Linked Loan (“SLL”) funding framework framework allows Nordea Bank Abp to issue bonds with reference to the impact of the SLLs on Nordea’s balance sheet in a Use-of- Proceeds format - The SLL assets in scope h
Slide 19: Innovation based on strong sustainability knowledge and governance
Sustainability-linked loan funding Innovation based on strong sustainability knowledge and governance Asset selection Operational overview of SLL asset selection Nordea chooses potential SLLs that are originated by relevant business To be eligible for inclusion in the portfolio, a loan must meet 1 u
Slide 20: Outstanding bonds vs assets
Sustainability-linked loan funding Outstanding bonds vs assets EURbn - All SLL funding assets are recorded in a register which manages the allocation of the net proceeds from SLL funding 0.7 Non-compliant loans to SLL funding assets - The composition and amount of SLL funding assets is internally re
Slide 21: Portfolio development
Sustainability-linked loan funding Portfolio development • Nordea is committed to report and Total SLL asset portfolio size provide at least annually readily Total volumes, EURm available information on the total eligible portfolio of SLLs as long as we have SLL 2,502 2,732 bonds outstanding 814 893
Slide 22: External review and reporting
External review and reporting
Slide 23: Second party opinion by ISS ESG
Green funding Second party opinion by ISS ESG Highlights from second party opinion by ISS ESG - The Issuer has defined a formal concept for its green bonds, green covered bonds and green deposits regarding the use of proceeds, processes for project evaluation and selection, management of proceeds, a
Slide 24: Nordea Bank sustainable funding report
Green funding Nordea Bank sustainable funding report Category Subcategory Impact measurement indicators Sustainable funding reporting contents Wind, hydro, solar, Installed renewable Estimated CO2e - the amount of net proceeds allocated within each green Renewable energy bioenergy and hydrogen energ
Slide 25: External review by ISS ESG
Sustainability-linked loan funding External review by ISS ESG ISS ESG’s external review - Nordea has engaged ISS ESG to act as an external reviewer of the SLL funding framework and the SLL funding assets - Most recent update to the SLL funding assets completed in August 2025. Framework updated in Se
Slide 26: SLL funding framework reporting
Sustainability-linked loan funding SLL funding framework reporting Annual SLL bond report SLL bond report will include: - The amount of net proceeds that have been allocated to the impact objectives and, when possible and relevant, further information related to the type, number and location of the
Slide 27: Breakdown of the allocation – Sector and KPIs
Sustainability-linked loan funding Breakdown of the allocation – Sector and KPIs Total Sector # of EURm KPI theme and type H1 2025 (NACE section) companies allocation (EURm) Compliant loans A - Agriculture, forestry and fishing Scope 1 and 2 (Absolute) 1 52 52 • The SLL asset portfolio as of H1 2025
Slide 28: Breakdown of the allocation - Confirmation of the compliance
Sustainability-linked loan funding Breakdown of the allocation - Confirmation of the compliance Compliance checks Included in the portfolio # Sector (NACE section) • As per the underlying facility 2022 2023 2024 Compliant loans agreements, the performance related to 1 C – Manufacturing OK OK OK the
Slide 29: Contacts: Investor Relations
Contacts: Investor Relations Group Treasury Stefan Bartholdson Juho-Pekka Jääskeläinen Group Treasurer, Head of Group Treasury Head of Debt IR and Ratings Tel: +45 703238660 Mobile:+358 40 550 91 11 Stefan.Bartholdson@nordea.com Tel:+358 9 5300 6435 juho-pekka.jaaskelainen@nordea.com Ola Littorin He