Swedbank AS

Corporate governance and division of responsibility

Our corporate governance is designed to create a sound, effective corporate culture that fosters trust as well as customer and shareholder value. Our governance is based on employees’ familiarity with our common goals and their commitment to work together to achieve these goals. Good corporate governance

Good corporate governance

Good corporate governance, risk management and internal control are key elements of a successful business and a prerequisite to maintaining the trust of customers, owners, employees, authorities and other stakeholders. Swedbank defines corporate governance as the relationship between shareholders, executive management, other employees, other Group companies and other stakeholders.

Organisation

Swedbank is organised into four business areas: Swedish Banking, Baltic Banking, Premium & Private Banking, and Corporates & Institutions. Group Functions and other units support the business areas.

CEO and the Group Executive Committee

The President and CEO is responsible for managing Swedbank’s day-to-day operations in accordance with external regulations and within the framework set by the Board of Directors. The CEO represents the bank externally on various matters, leads the work of the Group Executive Committee (GEC) and makes decisions after consulting GEC's members.

The Group Executive Committee

The Group Executive Committee consists of:

• Swedbank’s President and CEO
• Deputy President and Deputy CEO
• Chief Financial Officer (CFO)
• Chief Risk Officer (CRO)
• Chief Compliance Officer (CCO)
• Chief Credit Officer
• Head of HR and Facility Management
• Head of Baltic Banking
• Head of Corporates and Institutions
• Head of Swedish Banking
• Head of Premium and Private Banking
• Head of Group Products and Advice
• Head of Group Channels and Technologies (CIO)
• Head of Group Brand, Communication and Sustainability
• Head of Group Legal

The Group Executive Committee normally meets once a week.

Jens Henriksson, President and CEO. M.Sc. Electrical Engineering, B.A. Economics. Employed since 1 October 2019. Born 1967.

Tomas Hedberg, Deputy President and Deputy CEO. Studies in economics. Employed since 2000. Born 1963.

Bo Bengtsson, Head of Corporates and Institutions. Studies in economics. Employed since 2023. Born 1966.

Anna-Karin Laurell, Head of Swedish Banking. Studies in the humanities, Lund University. Employed since 2024. Born 1963.

Malin Lilliecrona, Head of Premium and Private Banking. M.Sc. in Economics and Business Administration. Employed since 2022. Born 1975.

Britta Hjorth-Larsen, Chief Compliance Officer. M.Sc. Business Law and Economics. Employed since 2022. Born 1965.

Jon Lidefelt, CFO. M.Sc. in Engineering Physics. Employed since 2013. Born 1973.

Erik Ljungberg, Head of Group Brand, Communication and Sustainability. M.Sc. in Business Administration. Employed since July 2020. Born 1971.

Lotta Lovén, CIO and Head of Group Channels and Technologies. Market economist. Employed 1986–1999 and 2004– present. Born 1967.

Rolf Marquardt, Chief Risk Officer. PhD in Business Administration. Employed since 2020. Born 1964.

Address: Landsvägen 40, Sundbyberg, Järnvägsgatan 18, Sundbyberg, Sweden

Phone: +46 08-585 900 00
FAX: +46 08-796 80 92
Swift code :SWEDSESS