Investor Presentaiton

New jointly owned mortgage company, Borgo, will be launched Borgo • Together with ICA Bank, Ikano Bank and Söderberg & Partners, the Bank of Åland • is developing the jointly owned mortgage company Borgo All four co-owners in Borgo will distribute their own mortgage loans via the new company Sparbanken Syd has signed a LOI and wants to join as a fifth partner • The Bank of Åland will be responsible for service deliveries to Borgo in the lending field, payments and account management as well as accounting and treasury operations • In March 2021 the Swedish Financial Supervisory Authority granted Borgo a permit as a credit market company and an issuer of covered bonds • The Bank of Åland has a distribution agreement with ICA Bank, under which ICA Bank is offering its mortgage loans through the Bank of Åland until Borgo has started its operations 14 00 O °5 why ÀLANDSBANKEN

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