First Quarter 2022 Investor Presentation

64 Sweden: Riksbank hikes rate in April, to reach 2% in 2025 Sweden: Inflation CPIF, year-on-year percentage change 7 Sweden: Interest rate outlook Repo rate, % 7 2.5 2.5 Market pricing 6. 6 The 2.0- 2.0 5. 4 Riksbank 5 Forecast 1.5 1.5 4 3 3 1.0 1.0 2 1 2 SEB 0.5 SEB 0.5 1 0.0- 0.0 0 - 0 The Riksbank -1 -1 -0.5 -0.5 2016 2018 2020 2022 2024 2020 2021 2022 2023 2024 SEB Nordic Outlook March 2022 SEB

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