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SEB Green Sr SEB Green Jr Bronze Silver 1 Silver 2 Silver 3 Silver 4 Silver 5 Faded Sr. 1 Faded Sr. 2 SEB Brand Hub Own faded (25, 50, 75) Financial results Q3 2026 22 October 2026 Jonas Ahlström, Acting President & CEO Christoffer Malmer, CFO 1
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SEB Green Sr SEB Green Jr Bronze Silver 1 Silver 2 Silver 3 Silver 4 Silver 5 Faded Sr. 1 Faded Sr. 2 SEB Brand Hub Own faded (25, 50, 75) Highlights in Q3 2026 2 • Continued credit demand across all divisions and record Q3 net fee and commission income • Challenging FICC market conditions affected net financial income negatively • Expecting to beat the 2026 full-year cost target by SEK ~500-600m • SEB to start sending in new IRB models from Q3 2027 at the latest Return on equity 13.0% Cost income ratio 0.44 CET1 ratio 17.1% Capital buffer 250bps Share buybacks paused
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SEB Green Sr SEB Green Jr Bronze Silver 1 Silver 2 Silver 3 Silver 4 Silver 5 Faded Sr. 1 Faded Sr. 2 SEB Brand Hub Own faded (25, 50, 75) Recent events 3 Sferical live & launch event Running the business with AI – an update ▪ Financial crime prevention: AI-assisted investigations substantially improving efficiency ▪ Agentic engineering increasing developer team output ▪ Collateral management: high-volume workflow largely automated with potential to scale ▪ Call transcription and analysis for enhanced insights
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SEB Green Sr SEB Green Jr Bronze Silver 1 Silver 2 Silver 3 Silver 4 Silver 5 Faded Sr. 1 Faded Sr. 2 SEB Brand Hub Own faded (25, 50, 75) Business pulse Corporate & Investment Banking Business & Retail Banking Wealth & Asset Management Baltic 1 SCB, market share as per 30 August. 2 Net flows adjusted for outflows driven by pension reform in Lithuania. 3 In EUR-denominated terms. 4 • Highest net fee and commission income for a Q3 • #1 in Equity Prospera Nordic – Tier 1 corporates Lending growth (SEK bn) Market share on new lending (%) AirPlus legal merger – another milestone in the integration process SEK 16bn (SEK 30bn 2) AuM net flow YTD Lending growth YoY 3 Mortgages +9% SME +11% Large Corp +8% Robust loan growth across all segments Live across call centers reducing waiting time All-time high assets under custody SEK ~23tn Strength in Investor Services External Asset Manager in the Nordics 5th consecutive year AI voicebot launch 19% Jan Feb Mar Apr Maj Jun Jul Aug Sep +6% Lending growth YoY Swedish household lending growth 1
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SEB Green Sr SEB Green Jr Bronze Silver 1 Silver 2 Silver 3 Silver 4 Silver 5 Faded Sr. 1 Faded Sr. 2 SEB Brand Hub Own faded (25, 50, 75) 0 200 400 600 800 1 000 1 200 1 400 1 600 1 800 2 000 Development of credit exposure and lending SEK bn Credit exposure 1 Excluding banks. QoQ YoY Corporates (FX-adjusted) 3% 8% Corporates 5% 11% Households 2% 4% Swedish mortgages 1% 2% Property management 3% 8% Total (FX-adjusted) 1 2% 6% Total 4% 8% QoQ YoY Lending 3% 1% 7% 1% Corporate & Investment Banking Business & Retail Banking QoQ YoY 3% 6% 5% 9% 2% 3% 1% 2% 3% 8% 2% 5% 3% 6% FX-adjusted lending 2% 3% 5% 9% Wealth & Asset Management Baltic 5 Sector Division
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SEB Green Sr SEB Green Jr Bronze Silver 1 Silver 2 Silver 3 Silver 4 Silver 5 Faded Sr. 1 Faded Sr. 2 SEB Brand Hub Own faded (25, 50, 75) Maintaining focus on operating jaws 9.4 19.0 2011 2016 2021 Jan-Sep 2026 5.9 7.9 2011 2016 2021 Jan-Sep 2026 3.5 11.1 2011 2016 2021 Jan-Sep 2026 Average quarterly income Average quarterly expenses Average quarterly profit before credit losses and imposed levies Note: Excluding items affecting comparability. 6
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SEB Green Sr SEB Green Jr Bronze Silver 1 Silver 2 Silver 3 Silver 4 Silver 5 Faded Sr. 1 Faded Sr. 2 SEB Brand Hub Own faded (25, 50, 75) Financials 7
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SEB Green Sr SEB Green Jr Bronze Silver 1 Silver 2 Silver 3 Silver 4 Silver 5 Faded Sr. 1 Faded Sr. 2 SEB Brand Hub Own faded (25, 50, 75) Financial summary Q3 2026 SEK m Q3 2026 Q2 2026 Q3 2025 Net interest income 10,881 10,687 2% 10,540 3% Net fee and commission income 6,702 7,194 -7% 6,287 7% Net financial income 1,124 2,421 -54% 1,767 -36% Operating income 18,626 20,055 -7% 18,664 0% Operating expenses 8,178 8,014 2% 7,921 3% Profit before ECL and imposed levies 10,448 12,041 -13% 10,744 -3% Net expected credit losses 179 345 -48% 203 -12% Imposed levies 857 922 -7% 822 4% Operating profit 9,412 10,774 -13% 9,719 -3% Income tax expense 1,914 2,110 -9% 2,042 -6% Net profit 7,498 8,664 -13% 7,677 -2% EPS (SEK) 3.85 4.44 -13% 3.87 -1% RoE 13.0% C/I 0.44 Net ECL level 2bps CET1 ratio 17.1% 8
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SEB Green Sr SEB Green Jr Bronze Silver 1 Silver 2 Silver 3 Silver 4 Silver 5 Faded Sr. 1 Faded Sr. 2 SEB Brand Hub Own faded (25, 50, 75) Net interest income development Net interest income (SEK bn) Q2 2026 – Q3 2026 Net interest income (SEK bn) Jan-Sep 2025 vs Jan-Sep 2026 10.7 10.90.2 0.1 0.2 -0.3 Q2 2026 CIB BRB Baltic WAM, Funding, Other Q3 2026 32.0 31.8 Jan-Sep 2025 Jan-Sep 2026 -1% 9
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SEB Green Sr SEB Green Jr Bronze Silver 1 Silver 2 Silver 3 Silver 4 Silver 5 Faded Sr. 1 Faded Sr. 2 SEB Brand Hub Own faded (25, 50, 75) Net fee and commission income development Net fee and commission income by income type (SEK bn) Q3 2024 – Q3 2026 Net fee and commission income (SEK bn) Jan-Sep 2025 vs Jan-Sep 2026 2.7 2.5 2.9 Q3-24 Q3-25 Q3-26 Net securities commissions (custody, mutual funds, brokerage) Net advisory fees, lending fees & other commissions Net payment & card fees Net life insurance commissions 1.4 1.7 1.7 Q3-24 Q3-25 Q3-26 1.7 1.8 1.9 Q3-24 Q3-25 Q3-26 0.3 0.2 0.2 Q3-24 Q3-25 Q3-26 +13% -13% +1% -2% +5% -2% -2% +1% YoY QoQ +3% 10 19.7 20.3 Jan-Sep 2025 Jan-Sep 2026
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SEB Green Sr SEB Green Jr Bronze Silver 1 Silver 2 Silver 3 Silver 4 Silver 5 Faded Sr. 1 Faded Sr. 2 SEB Brand Hub Own faded (25, 50, 75) Net financial income development 11 Net financial income development (SEK bn) Q3 2025 – Q3 2026. Mean and standard deviation (SD) based on proforma last 12 quarters excluding strategic shares Net financial income (SEK bn) Jan-Sep 2025 vs Jan-Sep 2026 1 Consists of CVA, DVA, FVA and ColVa. 2 Including strategic shares. 1.9 1.2 -0.1 0.0 1.8 1.1 Q3-25 Q3-26 NFI Divisions NFI Other 1.9 1.4 2.4 Mean -1 SD +1 SD 0.1 0.1-0.1 0.0 Q3-25 Q3-26 XVA Larger holding valuations whereof XVA 1 and larger holding valuations 2 -17% 6.3 5.2 Jan-Sep 2025 Jan-Sep 2026
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SEB Green Sr SEB Green Jr Bronze Silver 1 Silver 2 Silver 3 Silver 4 Silver 5 Faded Sr. 1 Faded Sr. 2 SEB Brand Hub Own faded (25, 50, 75) Development of CET1 capital buffer quarter-on-quarter Buffer above regulatory requirement, bps -35 -22 20250 37 250 30 Jun 2026 Profit net REA asset size REA FX REA models & other 30 Sep 2026 1 Profit net of dividend. 2 Includes REA from asset quality, model updates, market risk, operational risk and CVA . Target buffer 100–300bps 21 12
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SEB Green Sr SEB Green Jr Bronze Silver 1 Silver 2 Silver 3 Silver 4 Silver 5 Faded Sr. 1 Faded Sr. 2 SEB Brand Hub Own faded (25, 50, 75) IRB model development SFSA decision 14 October 2026 13 • Temporary increase in capital requirements from 31 December 2026 • Related to regulatory compliance, not underlying credit risk • New model applications will start to be submitted Q3 2027 at the latest
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SEB Green Sr SEB Green Jr Bronze Silver 1 Silver 2 Silver 3 Silver 4 Silver 5 Faded Sr. 1 Faded Sr. 2 SEB Brand Hub Own faded (25, 50, 75) SEB Group financial targets Dividend payout ratio of EPS ~50% CET1 ratio above requirement 1–3 percentage points Long-term aspiration 15% Return on equity competitive with peers Share repurchases will be the main form of capital distribution when SEB’s capital is in excess of the targeted capital position. 14
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SEB Green Sr SEB Green Jr Bronze Silver 1 Silver 2 Silver 3 Silver 4 Silver 5 Faded Sr. 1 Faded Sr. 2 SEB Brand Hub Own faded (25, 50, 75) Appendix 15
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SEB Green Sr SEB Green Jr Bronze Silver 1 Silver 2 Silver 3 Silver 4 Silver 5 Faded Sr. 1 Faded Sr. 2 SEB Brand Hub Own faded (25, 50, 75) Financial summary Jan-Sep 2026 SEK m Jan-Sep 2026 Jan-Sep 2025 Net interest income 31,810 32,007 -1% Net fee and commission income 20,305 19,677 3% Net financial income 5,243 6,323 -17% Operating income 57,087 58,045 -2% Operating expenses 23,807 24,144 -1% Profit before ECL and imposed levies 33,279 33,901 -2% Net expected credit losses 1,070 1,161 -8% Imposed levies 2,591 2,668 -3% Operating profit 29,618 30,072 -2% Income tax expense 5,958 6,318 -6% Net profit 23,659 23,754 0% 16 RoE 13.9% C/I 0.42 Net ECL level 5bps CET1 ratio 17.1%
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SEB Green Sr SEB Green Jr Bronze Silver 1 Silver 2 Silver 3 Silver 4 Silver 5 Faded Sr. 1 Faded Sr. 2 SEB Brand Hub Own faded (25, 50, 75) Feedback from our customers Note: Key customer satisfaction indicators adjusted in Q1 2025 to better reflect Group priorities. 1 “Peers in Sweden” includes SEB, Handelsbanken, Swedbank, Nordea, Danske Bank . 2 “Peers in Sweden” includes SEB, Handelsbanken, Swedbank, Nordea. 3 Banks with less than 300 respondents are summarised as one actor (“Other”). Private Banking ProsperaCorporates (SMEs) Swedish Quality Index (SKI) 1 Large Corporates Prospera 1 1 1 1 1 1 1 2 1 1 2021 2025 Financial Institutions Prospera 1 1 1 2 2 1 1 1 1 1 2021 2025 4 4 2 6 4 2021 2025 External Asset Manager Prospera 2 1 1 1 1 1 6 3 3 3 3 2 2021 2026 1 1 2 4 3 3 3 2 3 5 4 4 2021 2026 Sustainability Advisor Prospera 1 1 1 1 1 1 1 1 1 1 2021 2025 Private individuals Swedish Quality Index (SKI) 2 2 2 2 3 3 3 8 6 7 8 9 7 2021 2026 1 2 3 2 2 2 2021 2026 Mid Corporate Prospera Nordics Sweden All banks 3 Peers in Sweden 17
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SEB Green Sr SEB Green Jr Bronze Silver 1 Silver 2 Silver 3 Silver 4 Silver 5 Faded Sr. 1 Faded Sr. 2 SEB Brand Hub Own faded (25, 50, 75) 18