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Notice of early redemption to Noteholders

Notice is hereby given by the Issuer to the Noteholders that the Issuer will redeem certain Notes in full.

With reference to the terms and conditions dated May 2014 of the EUR 1,000 million 2.50 per cent dated subordinated notes with ISIN XS1072796870 (the “Notes”), under the Global Programme for the Continuous Issuance of Medium Term Notes and Covered Bonds of Skandinaviska Enskilda Banken AB (publ) (“SEB” or the “Issuer”), notice is hereby given by the Issuer to the Noteholders that the Issuer will redeem the Notes in full, together with accrued interest, on 28 May 2021.

The Issuer will request the Irish Stock Exchange plc trading as Euronext Dublin to cancel the listing of the Notes on the Official List of Euronext Dublin and the admission to trading on the Regulated Market of Euronext Dublin.

For further information:

Pawel Wyszynski, Head of Investor Relations, +46 70 462 2111

Philippa Allard, Debt Investor Relations Officer, +46 70 618 8335