First Quarter 2022 Investor Presentation

49 Cover pool characteristics: only Swedish residential mortgages in SEB's cover pool • Cover pool 31 Mar 2022 31 Dec 2021 31 Dec 2020 • Total residential mortgage assets (SEK bn) 697 689 653 Weighted average LTV (property level) 48% 47% 52% • Number of loans ('000) 766 766 759 Number of borrowers ('000) 436 437 432 Weighted average loan balance (SEK '000) 909 899 872 Substitute assets (SEK '000) 0 0 0 Loans past due 60 days (bps) 4 4 4 Net Expected Credit Losses (bps) 0 0 0 Overcollateralisation level 113% 133% 81% Only Swedish residential mortgages, which historically have had very low credit losses More concentrated towards single family homes and tenant- owned apartments, which generally have somewhat higher LTVs On parent bank SEB AB's balance sheet contrary to major Swedish peers . All eligible Swedish residential mortgages are directly booked in the cover pool on origination, i.e. no cherry picking Covered bonds are issued by SEB AB and investors have full and dual recourse to the parent bank's assets as well as secured exposure to the cover pool SEB runs a high overcollateralisation level SEB

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