On February 21, 2024, Nordea Bank Abp announced that it has received a shareholder proposal from Greenpeace Nordic, requesting the Company to the Company?s Articles of Association be amended by adding a new article 4, stating that the Company?s strategy shall fully align with the Paris Agreement to limit global warming to 1.5 degrees, and that the Company will therefore not provide lending and underwriting to companies and projects that expand fossil fuel extraction and/or lack Paris aligned phase-out plans. In addition, the Company stated that after thorough review and consideration of the proposal with regard to the Company?s strategy, business, and good governance, the Board of Directors concluded that it does not recommend adoption of the proposed amendment to the Company?s Articles of Association and recommended the rejection of the proposed amendment, at the 2024 annual meeting of shareholders.