Investor Presentaiton

Issuer Cover Pool SWE Issuer: Owner: Controlling authority: Ålandsbanken Abp Finnish Financial Supervisory Authority Long Rating Covered bond Owner Issuer S&P Moody's AAA BBB BBB Maturity buckets 2020 2021 2022 2023 2024 2025 2026 2027- Sum Loan volume, MSEK 6,549 247 135 74 15 9 CRR-compliant Yes Loan volume, % 93 % 4% 2 % 1% 0% 0% 0 0% 0 0% 7,029 100 % Maturity is the time remaining to the next chabge of interest rate in the contractual terms Fitch Report date 30.6.2020 Seasoning Loan volume, MSEK Loan volume, % 0-1 Y 1,499 1-2 Y 2-3 Y 3-5 Y 5+ Y Sum 925 1,219 2,055 1,331 7,029 21% 13% 18% 29 % 19 % 100 % Cover pool SWE Included assets, MSEK Loans Substitute assets 7,029 0 Other Total 0 7,029 Credit quality Past due 31-60 D Cover pool items Number of loans Loan volume, MSEK 0.5 61-90 D 0.0 90+ D 0 2,814 Share of loan volume, % 0.00 % 0.00 % 0.00 % Sum 1 0% Number of clients 1,830 Number of properties 2,195 Average loan size, TSEK 2,522 Impaired loans, % Key ratios Loan OC, nominal Loan volume, volume, WALTV Type of collateral MSEK Loan volume, % Regional distribution MSEK Loan volume, % FX-risk** 0.000% 56.2 % 55.2 % **All issuance of covered bonds in foreign currency is swapped to entirely eliminate FX- risk. Remaining average maturity, years Assets Liabilities 24.1 3.5 0 Single-family housing & flats 7,029 100.0 % Stockholm 4,858 69.1 % Multi-family housing Sum 0 0.0 % Östra Mellansverige 140 2.0% 7,029 100% Småland med öarna 20 0.3 % Sydsverige 869 12.4 % Västsverige 926 13.2 % Bonds Norra Mellansverige 15 0.2 % Mellersta Norrland 4 0.1 % Outstanding issues in SEK Övre Norrland 7 0.1% Fixed/ Other 190 2.7 % ISIN Amount, MSEK Settlement date Maturity Coupon Floating Sum 7,029 100 % SE0010598474 2,500 SE0013359627 2,000 22-11-2017 12-05-2020 22-11-2022 12-05-2025 0.937 0.690 Floating Loan Floating Loan volume, volume, Sum 4,500 Interest rate type MSEK Loan volume, % Repayments MSEK Loan volume, % Floating 6,406 91.1% Amortizing 3,079 43.8 % Maturity, expressed in MSEK 0-1 Y 1-2 Y 2-3 Y 3-4 Y Fixed 623 8.9 % Interest only 3,950 56.2% Total Sum 7,029 100 % Sum 7,029 100 % Total, % 0 0% 0 2,500 0 4-5 Y 2,000 5-10 Y 0 10+ Y Sum 0 4,500 0% 56 % 0% 44 % 0% 0% 100% Weighted average life, years 34.3 Interest rate type Fixed Amount, MSEK Amount, % 0 0% LTV Level, Mortgage assets 0-10% 10-20% 20-30% 30-40% 40-50% 50-60% 60-70% 70+ % Sum Loan volume, MSEK 21 125 296 572 1,635 1,567 2,813 0 7,029 Floating 4,500 100 % Loan volume, % 0% 2% 4% 8% 23 % 23% 40% 0% 100 % Sum 4,500 100 % 48 ALANDSBANKEN

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