Nomination to the Board of Directors of Swedbank AB 2012

STOCKHOLM--()--Regulatory News:

Swedbank’s (Pink Sheets:SWDBF) (STO:SWEDA) (LSE:SWK) Nomination Committee proposes Charlotte Strömberg as new member of the Board. The Nomination Committee further suggests re-election of the board members Olav Fjell, Ulrika Francke, Göran Hedman, Lars Idermark, Anders Igel, Pia Rudengren, Anders Sundström, Karl-Henrik Sundström and Siv Svensson. Helle Kruse Nielsen has declared that she is not available for re-election.

According to the proposal from the Nomination Committee the number of board members, elected at the Annual General Meeting (AGM), will remain unchanged at ten. The Nomination Committee further proposes Lars Idermark as Chair of the Board. The Nomination Committee suggests unchanged remuneration for the Board during the next election period. Fees for accountant will continue to be paid on account.

The AGM for Swedbank 2012 will take place at Dansens Hus in Stockholm, Tuesday 27 March 2012. The Nomination Committee proposes that the lawyer Claes Beyer will Chair the AGM 2012.

The Nomination Committee prior to the AGM 2012 has the following members:

Lennart Anderberg, appointed by owner-group Föreningen Sparbanksintressenter, Chair of the Nomination Committee

Tommy Hjalmarsson, appointed by owner-group Sparbanksstiftelserna

Lars Idermark, Chair of the Board of Directors of Swedbank

Tomas Norderheim, appointed by owner-group Folksam

Rose Marie Westman, appointed by Alecta

The entire proposal of the Nomination Committee will be presented in the invitation to the AGM and be available on Swedbank´s website.

Appendix 1

Charlotte Strömberg, born 1959

Education: Degree in Economics and Business Administration, Stockholm School of Economics, 1983

CEO, Nordics, Jones Lang LaSalle, 2006-2011

Various leading positions within Carnegie Investment Bank, 1997-2005, among which Head of Investment Banking, Sweden

Various leading positions within Alfred Berg, ABN AMRO, Stockholm 1986-1997

Consensus Fondkommission AB, Stockholm, 1985-1986

Robur AB, Stockholm, 1984-1985

Current Board assignments: Skanska AB, Intrum Justitia AB, Fourth Swedish National Pensions Fund

Proposed as Chair of the Board of Directors of Castellum AB and as Board member of Boomerang AB

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Contacts

Swedbank:
Lennart Anderberg
Chair of the Nomination Committee
telephone: +46 73 226 00 59
or
Emma Bergfeldt
press officer
telephone: +46 70 203 4999

Contacts

Swedbank:
Lennart Anderberg
Chair of the Nomination Committee
telephone: +46 73 226 00 59
or
Emma Bergfeldt
press officer
telephone: +46 70 203 4999