Nordea Kredit Performance Update

Long Term Funding Solid funding operations Long term issuance H1 2022, EUR 16.6bn EURM 6 000 5 000 4 000 3.000 2000 1 000 0 28 ** ■ Covered ■Senior preferred** SNP Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec . Including CPS/CDs where original maturity is over one year Wholesale funding outstanding, EUR 197bn ■Green covered bonds 1 % CD & CP above 1Y 4 % CD & CP below 1Y 28% Subordinated debt 3% ■ SNP 4 % Senior preferred bonds 8% ■Green SP/SNP 1 % ■ Scandinavian covered bonds 44 % International covered bonds 7% Long Term Funding - EUR 8.7bn in long term debt issued during Q2 - - EUR 2.9bn covered bonds and EUR 5.8bn in senior format Long term funding 69% of total funding at end of Q2 Ordinary funding supplemented by TLTRO III participation Issuance plans 2022 - - Total issuance EUR 20-25bn* - Around half expected to be issued in Scandinavian markets, primarily in covered bond format Target of EUR 13bn outstanding in SNP by end of 2023 - EUR 9.1bn SNP issued in total Nordea *Excluding capital transactions and DKK covered bonds

View entire presentation