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Nordea Bank Abp
Stock exchange release - Major shareholder announcements
28 May 2021 at 09.30 EET

Nordea Bank Abp has on 27 May 2021 received a notification under Chapter 9, Section 5 of the Securities Markets Act, according to which BlackRock, Inc.'s indirect shareholding of Nordea Bank Abp's shares and voting rights has decreased below the threshold of 5 per cent on 26 May 2021.

The total number of shares and voting rights in Nordea Bank Abp is 4,049,951,919.

Total positions of BlackRock, Inc. and its funds according to the notification:

+----------------+------------+-----------------------------+-------------+
| |% of shares |% of shares and voting rights|Total of both|
| |and voting |through financial instruments|in % (A + B) |
| |rights |(total of B) | |
| |(total of A)| | |
+----------------+------------+-----------------------------+-------------+
|Resulting |4.97% |0.09% |5.07% |
|situation on the| | | |
|date on | | | |
|which threshold | | | |
|was crossed or | | | |
|reached | | | |
+----------------+------------+-----------------------------+-------------+
|Position of |5.01% |0.07% |5.08% |
|previous | | | |
|notification | | | |
|(if applicable) | | | |
+----------------+------------+-----------------------------+-------------+

Notified details of the resulting situation on the date on which the threshold was crossed or reached:

A: Shares and voting rights

+------------+-----------------+----------------+-----------------+-----------+
|Class/type |Number of shares and voting rights|% of shares and voting rights|
|of | | |
|shares | | |
|ISIN code | | |
|(if | | |
|possible) | | |
+------------+-----------------+----------------+-----------------+-----------+
|Direct |Indirect |Direct |Indirect |
|(SMA 9:5) |(SMA 9:6 and 9:7)|(SMA 9:5) |(SMA 9:6 and 9:7)|
+------------+-----------------+----------------+-----------------+-----------+
|FI4000297767| |201,608,604 | |4.97% |
+------------+-----------------+----------------+-----------------+-----------+
|SUBTOTAL A |201,608,604 | |4.97% | |
+------------+-----------------+----------------+-----------------+-----------+

B: Financial instruments according to SMA 9:6a

+--------------+----------+----------+-----------+-----------------+-----------+
|Type of |Expiration|Exercise/ |Physical or|Number of shares |% of shares|
|financial |date |Conversion|cash |and voting rights|and voting |
|instrument | |period |settlement | |rights |
+--------------+----------+----------+-----------+-----------------+-----------+
|American |N/A |N/A |Physical |1,345,441 |0.03% |
|Depository | | | | | |
|Receipt | | | | | |
|(US65558R1095)| | | | | |
+--------------+----------+----------+-----------+-----------------+-----------+
|Securities |N/A |N/A |Physical |1,535,152 |0.03% |
|Lent | | | | | |
+--------------+----------+----------+-----------+-----------------+-----------+
|CFD |N/A |N/A |Cash |874,990 |0.02% |
+--------------+----------+----------+-----------+-----------------+-----------+
| | | |SUBTOTAL B |3,755,583 |0.09% |
+--------------+----------+----------+-----------+-----------------+-----------+

The controlled undertakings through which the shares, voting rights and financial instruments are effectively held:

+-----------------------------+---------------+-----------------+-------------+
|Name |% of shares and|% of shares and |Total of both|
| |voting rights |voting rights | |
| | |through financial| |
| | |instruments | |
+-----------------------------+---------------+-----------------+-------------+
|BlackRock Japan Co., Ltd. | | |Below 5% |
+-----------------------------+---------------+-----------------+-------------+
|BlackRock Investment | | |Below 5% |
|Management, LLC | | | |
+-----------------------------+---------------+-----------------+-------------+
|BlackRock Investment | | |Below 5% |
|Management (UK) Limited | | | |
+-----------------------------+---------------+-----------------+-------------+
|BlackRock Investment | | |Below 5% |
|Management (Australia) | | | |
|Limited | | | |
+-----------------------------+---------------+-----------------+-------------+
|BlackRock International | | |Below 5% |
|Limited | | | |
+-----------------------------+---------------+-----------------+-------------+
|BlackRock Institutional Trust| | |Below 5% |
|Company, National Association| | | |
+-----------------------------+---------------+-----------------+-------------+
|BlackRock Fund Advisors | | |Below 5% |
+-----------------------------+---------------+-----------------+-------------+
|BlackRock Financial | | |Below 5% |
|Management, Inc. | | | |
+-----------------------------+---------------+-----------------+-------------+
|BlackRock Asset Management | | |Below 5% |
|North Asia Limited | | | |
+-----------------------------+---------------+-----------------+-------------+
|BlackRock Asset Management | | |Below 5% |
|Deutschland AG | | | |
+-----------------------------+---------------+-----------------+-------------+
|BlackRock Asset Management | | |Below 5% |
|Canada Limited | | | |
+-----------------------------+---------------+-----------------+-------------+
|BlackRock Advisors, LLC | | |Below 5% |
+-----------------------------+---------------+-----------------+-------------+
|BlackRock Advisors (UK) | | |Below 5% |
|Limited | | | |
+-----------------------------+---------------+-----------------+-------------+
|BlackRock (Singapore) Limited| | |Below 5% |
+-----------------------------+---------------+-----------------+-------------+
|Aperio Group, LLC | | |Below 5% |
+-----------------------------+---------------+-----------------+-------------+

For further information:
Matti Ahokas, Head of Investor Relations, +358 9 5300 8011
Group Communication, +358 10 416 8023 or [email protected]

The information provided in this stock exchange release was submitted for publication, through the agency of the contact persons set out above, at 09.30 EET on 28 May 2021.

Nordea is a leading Nordic universal bank. We are helping our customers realise their dreams and aspirations - and we have done that for 200 years. We want to make a real difference for our customers and the communities where we operate - by being a strong and personal financial partner. The Nordea share is listed on the Nasdaq Helsinki, Nasdaq Copenhagen and Nasdaq Stockholm exchanges. Read more about us on nordea.com.

Nordea is the largest financial services group in the Nordic region and one of the biggest banks in Europe