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Investor Presentaiton

Use of proceeds - Nordea MCIS Nordea Bank - green assets versus issuance, (EURbn)* 2.8 1.0 3.8 Outstanding amount of green Reserve amount Green bond asset portfolio 21 bonds Use of proceeds Selection and evaluation of green bond assets Management of proceeds - Nordea Bank * Green bond asset portfolio size according to latest verified information, Second Party Opinion December 2021 Nordea has established a green bond register in relation to green bonds issued for the purpose of recording the green bond asset portfolio and the allocation of the net proceeds from green bonds to green bond assets - The net proceeds are deposited in the general funding accounts and earmarked for allocation in the green bond register - - The composition and amount of green bond assets is internally reviewed on a quarterly basis to account for repayments and drawings Nordea's intention is to maintain an aggregate amount of green bond assets that is at least equal to the aggregate amount of outstanding green bonds In case not enough green bond assets are available, net proceeds from green bonds will be held in accordance with Nordea's normal liquidity management policy Nordea
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