SEB Nordic Outlook

11 Contributing to a sustainable world and committing to support customers in their transition towards a low-carbon society . Sustainable financing We aim to shift our credit portfolio towards more sustainable financing, grow green loans and green mortgages and be leading in sustainable bond underwriting in Nordics Classification of corporate credit portfolio by climate impact Development of new sustainable financing solutions Responsible and proactive advice Innovation and entrepreneurship Financial equality initiative Customer classification and SEB Impact Metric tools ESG training program for SMEs ESG assessment in equity research SEB Greentech - venture capital Sustainable investments We aim to increase assets managed according to sustainable criteria • • • • Focus on inclusion, exclusion and ownership engagement Development of new sustainable funds Employees and competence Code of conduct ESG/climate change training Sustainability KPIs integrated in long-term incentive schemes for senior mgmt. Sustainable suppliers Strengthened governance around sustainability Inclusion & diversity Climate commitment SEB will set targets for reducing greenhouse gas emissions of lending and investment activities that are in line with the Paris agreement and support the transition towards a net zero economy by 2050 SEB will phase out credit exposure to thermal coal mining by 2025 and coal fired power generation by 2030, and credit exposure to oil production and extraction will be gradually lowered. SEB's fund company is excluding fossil fuel from its funds and commits that its total invested capital shall be carbon neutral by 2040 and investments that contribute to climate solutions or enable transition shall increase Prioritised UN Sustainable Development Goals: DECENT WORK AND ECONOMIC GROWTH INDUSTRY, INNOVATION AND INFRASTRUCTURE 13 CLIMATE ACTION 16 PEACE, JUSTICE AND STRONG INSTITUTIONS 5 GENDER EQUALITY UNEP PRINCIPLES FOR RESPONSIBLE FINANCE INITIATIVE BANKING

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