Q4 2023 Financial Update

63 50 Strategy and sustainability Net-Zero Banking Alliance sector targets . Overall progressing according to plan Targets in line or exceeding relevant 1.5°C scenarios Oil & Gas sector progressing faster than planned, resulting in a revised 2030 target . Included a new sector; Heavy vehicle manufacturing The 6 sectors cover 76% of SEB 2020 proforma financed emissions → Reduced by 47% since 2020 Financed emissions target Status update SEB sector targets Oil and gas: E&P 2 and refining Metric mtCO2e 3 A 20201-2030 -56% -70% 2022 outcome A 2020 2022 7.3 -61% Power generation Steel Car manufacturing Swedish household mortgages g CO₂e/kWh tCO2e/t steel g CO₂e/km -44% 95 -24% -29% 1.47 +6% -62% 143 -10% kg CO₂e/m2 -32% 3.12 -2% Heavy vehicle manufacturing % of ZEV4 in new sales 35% 1 0.5% n/a Note: 12020 baseline has been restated to reflect updated emission data from customers and emission factors. Baseline for heavy vehicle manufacturing is per 2022. 2 Exploration and production. 3 Financed emissions. 4 Zero Emission Vehicles. SEB

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