Strategy 2030: Investments to Future-Proof SEB

Swedish implementation of MREL requirements according to BRRD2 MREL requirement vs current position 30 Sep 2022, % of REA CBR SEK 236bn 7.1% 7.1% Senior preferred debt SEK 307bn SEK 305bn 7.6% 5.4% Senior non- • preferred debt On 18 October 2021, the Swedish Resolution Authority published its new MREL policy under BRRD2 MREL requirement will be the higher of: 19.7% 23.1% 27.7% 27.7% 21.6% Own funds . Risk-based Leverage-based Risk-based Leverage-based Own funds & eligible liabilities Requirement 1 Jan 2024 Target 1 Jan 2022 Subordination requirement vs current position 30 Sep 2022, % of REA SEK 244bn SEK 238bn SEK 203bn 7.1% 5.4% Senior non- preferred debt CBR 7.1% 13.5% 23.1% 19.7% 27.7% 21.6% Own funds Risk-based Leverage-based Risk-based Leverage-based Own funds & eligible liabilities • - Risk-based: 2 x (P1+P2R) + CBR - Ccyb + P2G Leverage-based: 2 x Minimum Leverage ratio (3%) Subordination requirement will be the higher of: Risk-based: 2 x (P1+P2) - Leverage-based: 2 x Minimum Leverage ratio (3%) Combined Buffer Requirement (CBR) is added on top of risk-based MREL and risk-based subordination requirements Requirements will be phased in, with full compliance no later than 1 January 2024. To date, SEB has issued c SEK 48bn in senior non-preferred debt SEB

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