Nordea Bank Abp
Stock exchange release - Major shareholder announcements
24 March 2021 at 18:00 EET

Nordea Bank Abp has on 24 March 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 crossed
the threshold of 5 per cent on 23 March 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         5.08%         0.05%                          5.14%
situation on the
date on
which threshold
was crossed or
reached
Position of       4.94%         0.06%                          5.00%
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 of  Number of                 % of shares and voting rights
sharesISIN     shares and
code (if       voting
possible)      rights
Direct         Indirect     Direct       Indirect
(SMA 9:5)      (SMA 9:6     (SMA 9:5)    (SMA 9:6 and 9:7)
               and 9:7)
FI4000297767                205,912,636                     5.08%
SUBTOTAL A     205,912,636               5.08%

B: Financial instruments according to SMA 9:6a


Type of         Expiration  Exercise/   Physical    Number of  % of shares
financial       date        Conversion  or          shares     and voting
instrument                  period      cash        and        rights
                                        settlement  voting
                                                    rights
American        N/A         N/A         Physical    1,297,553  0.03%
Depository
Receipt
(US65558R1095)
Securities      N/A         N/A         Physical    96,790     0.00%
Lent
CFD             N/A         N/A         Cash        1,003,378  0.02%
                                        SUBTOTAL B  2,397,721  0.05%

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

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

For further information:

Matti Ahokas, Head of Investor Relations, +358 9 53008011
Group Communication, +358104168023 or press@nordea.com

The information provided in this stock exchange release was submitted for
publication, through the agency of the contact persons set out above, at 18.00
EET on 24 March 2021.

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© Oslo Bors ASA, source Oslo Stock Exchange