Svenska Handelsbanken : Shareholders of Svenska Handelsbanken AB (publ) are hereby given notice of the Extraordinary General Meeting on Thursday, 21 October 2021

Due to the continued uncertain situation concerning the spread of the virus that
causes covid-19, the Board of Directors of the Bank has decided that the
Extraordinary General Meeting should be conducted without the physical presence
of shareholders, representatives or third parties and that the shareholders
before the meeting should be able to exercise their voting rights only by post.

Conditions for participation

Shareholders wishing to participate in the general meeting through postal voting
must:

both     be entered in the register of shareholders prepared by Euroclear Sweden
AB concerning the circumstances on Wednesday, 13 October 2021,

and      have given notice of attendance by voting in accordance with
instructions under the heading Postal voting below so that the postal vote is
received by the bank through Computershare AB not later than Wednesday, 20
October 2021. Please note that the notification to the Extraordinary General
Meeting can only be made by postal voting.

Nominee-registered shares

To be able to participate in the general meeting, any shareholders whose shares
are nominee-registered (in a custody account) via a bank or other nominee must
temporarily re-register the shares in his/her own name in the register of
shareholders prepared by Euroclear (so called voting right registration).
Shareholders must notify the nominee of this well in advance. Any voting right
registration which has been requested by the shareholder in such time that the
nominee has been able to perform voting right registration by Friday, 15 October
2021 at the latest will be observed in the production of the register of
shareholders.

Postal voting

Shareholders may exercise their voting rights only by postal voting in
accordance with Section 22 of the Act (2020:198) on temporary exceptions to
facilitate the execution of general meetings in companies and other
associations. A special form must be used for the postal vote. The form for
postal voting is available on the Bank's website, www.handelsbanken.com and can
also be sent by mail to shareholders who so request by telephone, [phone]
00. Submission of the postal voting form in accordance with the below will be
considered as notice of attendance. Completed and signed forms for postal voting
shall be sent by mail to Computershare AB, Handelsbanken's Extraordinary General
Meeting, Box 5267, SE-102 46 Stockholm, Sweden and must be received by
Computershare AB on Wednesday, 20 October 2021 at the latest. A completed form
may also be submitted electronically by verification through BankID in
accordance with instructions at the Bank's website, www.handelsbanken.com or by
sending the completed postal voting form by e-mail to [e-mail]
together with a power of attorney and/or other documentation of authority.
Shareholders may not provide special instructions or conditions to the postal
vote. If so, the entire postal vote is invalid. Further instructions and
conditions can be found in the postal voting form.

Powers of attorney

Shareholders submitting their postal votes by proxy must attach a power of
attorney to the form. Shareholders which are legal persons shall attach a
registration certificate or other authorization document to the form. Power of
attorney forms may be obtained from the Bank at request and are also available
at the Bank's website, www.handelsbanken.com.

Shareholders' right to receive information

The Board of Directors and the Group Chief Executive shall, if any shareholder
so requests and the Board of Directors believes that it can be done without
material harm to the company and without significant inconvenience to any
individual, provide information in respect of any circumstances which may affect
the assessment of a matter on the agenda or the Bank's relationship with other
companies within the Group. A request for such information shall be made in
writing to the Bank at the address of Handelsbanken, Group Legal, SE-106 70
Stockholm, Sweden or by e-mail at [e-mail], and shall have
been received by the Bank on Monday, 11 October 2021 at the latest. The
information will be made available at Handelsbanken, Kungsträdgårdsgatan 2,
Stockholm and at the Bank's website www.handelsbanken.com not later than
Saturday, 16 October 2021. The information is also sent to the shareholders who
requested it and stated their address.

Items on the agenda

 1. Opening of the meeting
 2. Election of the chairman of the meeting
 3. Election of two persons to check and countersign the minutes
 4. Establishment and approval of voting list
 5. Approval of the agenda
 6. Determining whether the meeting has been duly convened
 7. The Board of Directors' proposal for:

 a. resolution on approval of acquisition of shares in AB Industrivärden from
Svenska Handelsbankens Pensionsstiftelse, and
 b. resolution on the distribution of class A shares in AB Industrivärden to the
shareholders in Handelsbanken

 8.  Closing of the meeting

Item 2 Election of chairman of the meeting

L E Lundbergföretagen AB proposes that attorney Patrik Marcelius be chairman of
the meeting, or in his absence, attorney Eva Hägg.

Item 3 Election of two persons to check and countersign the minutes

L E Lundbergföretagen AB proposes Maria Sjöstedt (Stiftelsen Oktogonen) and Karl
Åberg (AB Industrivärden) to check and countersign the minutes together with the
chairman of the meeting. In the event of absence of one or both of them, LE
Lundbergföretagen AB proposes firstly Jan-Erik Höög (Stiftelsen Oktogonen) and
secondly Jennie Knutsson (AB Industrivärden) to check and countersign the
minutes together with the chairman of the meeting. The assignment to check and
countersign the minutes also include checking the voting list and that the
received postal votes are correctly stated in the minutes of the meeting.

Item 4 Preparation and approval of voting list

The voting list proposed to be approved is the voting list prepared by
Computershare AB on behalf of the Bank, based on the register of shareholders
for the Extraordinary General Meeting and received postal votes, controlled and
checked by the persons assigned to check the minutes.

Item 7 The Board of Directors' proposal for distribution of shares in AB
Industrivärden and approval of acquisition of shares in AB Industrivärden from
Svenska Handelsbankens Pensionsstiftelse

Background and reasons for the proposals

For many years, Handelsbanken's business model has generated stable earnings and
capital growth and has, also during the covid-19 pandemic, demonstrated a very
good, and gradually even more improved, credit quality. Altogether, this implies
that the Bank's financial position has gradually been strengthened further and
the current capitalisation is well above the Bank's target ratio level.

As a result of the Bank's good capital situation, the Board of Directors of
Handelsbanken has resolved to propose that the Extraordinary General Meeting
resolve on an extra dividend of shares in AB Industrivärden ("Industrivärden"),
a dividend-in-kind, to the shareholders corresponding to approximately SEK
8,748.7 million, based on the closing price for the Industrivärden class A share
on Nasdaq Stockholm on 20 September 2021. The CET1 level, the common equity tier
1 ratio, pro forma as of 30 June 2021, is estimated, with this level of
dividend, to fall from 20.5 percent to approximately 19.4 percent. The dividend
is estimated to increase return on equity by 0.3 percentage points.

The dividend-in-kind is proposed to be made through a distribution of 30,461,977
class A shares in Industrivärden, that simultaneously will be acquired from
Svenska Handelsbankens Pensionsstiftelse (the "Pension Foundation"), which is
part of Handelsbanken's pension management of the Bank's occupational pensions.
The net assets in the Pension Foundation have a direct impact on the Group's
equity and thereby also on CET1. Furthermore, net surplus is subject to a
capital requirement according to the CRR in pillar 1 and the risks in the
pension system are subject to a capital requirement in pillar 2 according to the
Swedish Financial Supervisory Authority's model for pension risk. The purpose of
the proposals is therefore to reduce the portion of shares in the overall
pension management for defined benefit occupational pensions in order to reduce
volatility in the pension management. A reduction of volatility in the pension
management's asset values increases long-term stability in the Bank's
capitalisation.

Handelsbanken and the Pension Foundation intend to enter into an agreement
whereby Handelsbanken acquires, on the terms set out below, 30,461,977 class A
shares in Industrivärden from the Pension Foundation in connection with the
Extraordinary General Meeting.

The acquisition presupposes that the Extraordinary General Meeting resolve in
accordance with the Board of Directors' proposal according to this item 7.

Against the above background, the Board of Directors has, in accordance with
what is specified below, decided to propose that the Extraordinary General
Meeting resolve on a) approving that Handelsbanken acquires a total of
30,461,977 class A shares in Industrivärden from the Pension Foundation and b)
distribution of the thus acquired class A shares in Industrivärden to the
shareholders in Handelsbanken.

The Board of Directors' proposal

7 a) Resolution on approval of acquisition of shares in AB Industrivärden from
Svenska Handelsbankens Pensionsstiftelse

Pursuant to Chapter 16 a of the Swedish Companies Act, certain transactions
between Handelsbanken and its related parties must be submitted to the general
meeting for approval. The Pension Foundation is a related party to Handelsbanken
in accordance with the provisions of the Swedish Companies Act and the Swedish
Annual Reports Act. The proposed acquisition of shares in Industrivärden is of
such a size and nature that it is subject to approval by the general meeting of
Handelsbanken. The Board of Directors therefore proposes that the
Extraordinary General Meeting resolve to approve that Handelsbanken acquires
shares in Industrivärden as set out below and gives the following statement
pursuant to Chapter 16 a, Section 7 of the Swedish Companies Act.

Description of the Pension Foundation and the transaction

Handelsbanken's management of defined benefit pensions is secured by the Pension
Foundation and by Pensionskassan SHB Tjänstepensionsförening. The Pension
Foundation - which was founded by Handelsbanken - has the sole purpose of
securing the Bank's commitments on defined benefit pensions to employees and
former employees of Handelsbanken. Under the current rules, net pension is
consolidated in the pension management of the Handelsbanken Group, which thus
affects the stability of the Bank's capital situation.

A pension foundation has neither owners nor members and no general meeting.
Instead, the board of directors of the Pension Foundation is responsible for the
foundation's operations. According to law, the Pension Foundation may not commit
to pensions and has thus no pension liability to employees and former employees
of the Handelsbanken Group. Instead, Handelsbanken is responsible for the
pension commitments made and for making the correct provisions relating to its
pension liabilities in its balance sheet. Payments from the Pension Foundation
are made primarily through reimbursement (compensation) to Handelsbanken for the
Group's pension expenses. Only in exceptional circumstances, such as in the
event of Handelsbanken becoming insolvent, employees and former employees may
take part of the foundation's assets.

The assets that are managed to secure the defined benefit pensions exceed the
total pension commitments. The defined benefit pension system is closed to new
employees, and has been replaced with defined contribution pension. The risk in
the management of the pension assets allocated for defined benefit pension
commitments can be further decreased by reducing the portion of shares. The
proposed divestment of the Pension Foundation's shares in Industrivärden to
Handelsbanken in accordance with this item 7 is part of this strategy.
Handelsbanken's pension commitments - benefits and payments - towards employees
and former employees are not affected as a result of the proposed transaction.

The Pension Foundation holds a total of 30,863,846 class A shares in
Industrivärden. Provided that the general meeting resolves in accordance with
the Board of Directors' proposal under items 7 a) and 7 b), Handelsbanken and
the Pension Foundation intend to enter into an agreement on 21 October 2021 on
the transfer of a total of 30,461,977 class A shares in Industrivärden from the
Pension Foundation to Handelsbanken. The total number of shares thus acquired
has been determined so that in the event of a dividend in accordance with the
Board of Directors' proposal under item 7 b) below, a holding of 65 shares in
Handelsbanken entitles the shareholder to receive one class A share in
Industrivärden.

The purchase price shall correspond to the market value of the shares at the
time of the transaction and shall be determined based on the closing price for
the Industrivärden class A share on Nasdaq Stockholm on 21 October 2021. If the
difference between the opening price and the closing price for the
Industrivärden class A share on Nasdaq Stockholm on 21 October 2021 would exceed
3 percent, the purchase price shall, however, instead be determined based on the
volume-weighted average price paid for the Industrivärden class A share on
Nasdaq Stockholm on 21 October 2021.

Based on the closing price for the Industrivärden class A share on Nasdaq
Stockholm on 20 September 2021, the purchase price for the total of 30,461,977
class A shares in Industrivärden, which Handelsbanken intends to acquire, would
amount to approximately SEK 8,748.7 million. The market value, on which the
final purchase price is based, may however fluctuate during the period up to the
transaction date on 21 October 2021 (due to changes in the listed value of the
Industrivärden class A share on Nasdaq Stockholm).

The purchase price for the shares shall be paid in cash on the settlement date,
which is estimated to be on 22 October 2021.

Proposal for resolution

The Board of Directors proposes that the Extraordinary General Meeting approve
that Handelsbanken enters into an agreement on the acquisition of a total of
30,461,977 class A shares in Industrivärden from the Pension Foundation on the
terms set out above.

7 b) Resolution on the distribution of class A shares in AB Industrivärden to
the shareholders in Handelsbanken

As stated above, Handelsbanken and the Pension Foundation intend, provided that
the general meeting resolves in accordance with the Board of Directors' proposal
under items 7 a) and 7 b), to enter into an agreement on the transfer of a total
of 30,461,977 class A shares in Industrivärden from the Pension Foundation to
Handelsbanken on 21 October 2021. The Board of Directors proposes that the
Extraordinary General Meeting resolve on a dividend of these 30,461,977 class A
shares in Industrivärden to the shareholders in Handelsbanken in proportion to
the number of shares they own in Handelsbanken at the record date, whereby each
65[th] share in Handelsbanken (irrespective of share class) would entitle the
shareholder to receive one class A share in Industrivärden. The proposed
dividend of class A shares in Industrivärden amounts, based on the closing price
for the Industrivärden class A share on Nasdaq Stockholm on 20 September 2021,
to approximately SEK 8,748.7 million, which corresponds to an extra dividend-in
-kind of approximately SEK 4.42 per share in Handelsbanken.

Fractions of shares that are a result of shareholders' holdings not entitling to
a whole number of class A shares in Industrivärden will be sold through the
agency of Handelsbanken. The proceeds from sold fractions will be allocated
between the shareholders who would have been entitled to receive the fractions.

The proposed record date for the distribution of class A shares in
Industrivärden is 25 October 2021. The last trading day in the Handelsbanken
share, including the right to receive distribution of class A shares in
Industrivärden, will thus fall on 21 October 2021 and the first trading day in
the Handelsbanken share, excluding the right to receive distribution of class
A shares in Industrivärden, will fall on 22 October 2021. If the Extraordinary
General Meeting resolves in accordance with the Board of Directors' proposal,
the class A shares in Industrivärden are expected to be available on
shareholders' VP accounts on 27 October 2021.

The value of the dividend and Handelsbanken's unrestricted equity

Pursuant to the balance sheet adopted by the 2021 Annual General Meeting, the
Company's amount available for distribution was SEK 133,814 million. The 2021
Annual General Meeting resolved on a cash dividend of SEK 4.10 per share,
corresponding to a total of SEK 8,118 million. The amount available for
distribution pursuant to Chapter 17, Section 3, Paragraph 1 of the Swedish
Companies Act thus amounts to SEK 125,696 million.

After a dividend of class A shares in Industrivärden as set out above, the
amount available for distribution pursuant to Chapter 17, Section 3, Paragraph 1
of the Swedish Companies Act would decrease by SEK 8,748.7 million based on the
closing price for the Industrivärden class A share on Nasdaq Stockholm on 20
September 2021. The class A shares in Industrivärden that Handelsbanken intends
to acquire from the Pension Foundation will be booked at market value on the
transaction date (21 October 2021), which is the basis for determining the
purchase price in accordance with the Board of Directors' proposal under item 7
a) above. The value of the class A shares in Industrivärden, and thus the effect
of the dividend on the amount available for distribution pursuant to Chapter 17,
Section 3, Paragraph 1 of the Swedish Companies Act, may therefore fluctuate
during the period up to the transaction date (due to changes in the listed value
of the Industrivärden class A share on Nasdaq Stockholm).

Information on Industrivärden and the Industrivärden class A share

For information on Industrivärden, see Industrivärden's website
www.industrivarden.se/en-gb, where, amongst other things, Industrivärden's
financial reports are available as well as information about the Industrivärden
class A share.

Conditions

The resolutions under this item 7 are conditional upon each other.

Proposals in full, etc.

The Board of Directors' complete proposals and statement pursuant to Chapter 16
a, Section 7 of the Swedish Companies Act are set out above. An information
brochure on the dividend of the class A shares in AB Industrivärden, the
Company's annual report and the Auditor's report for the financial year 2020,
the reasoned statement by the Board of Directors pursuant to Chapter 18, Section
4 of the Swedish Companies Act, and the statements by the Board of Directors and
the Auditor pursuant to Chapter 18, Section 6 of the Swedish Companies Act are
made available not later than 30 September 2021 at Handelsbanken, Group Legal,
Kungsträdgårdsgatan 2, SE-106 70 Stockholm, Sweden and on the Bank's website,
www.handelsbanken.com. The documents are presented by being made available at
the Company and at the Company's website. They are also sent free of charge to
shareholders who request it by telephone, [phone] and submit their
postal address. The register of shareholders for the Extraordinary General
Meeting is made available at Handelsbanken, Group Legal, Kungsträdgårdsgatan 2,
Stockholm, Sweden.

Majority requirement

In order for the resolutions under items 7 a) and 7 b) to be valid, the
resolutions must be approved by shareholders representing more than a half of
the votes cast. Shares held by the Pension Foundation will not be considered
when approving the transaction under item 7 a).

Information regarding the number of shares and votes in the Bank, and the Bank's
holdings of its own shares

When this notice of attendance was published, there were a total of
1,980,028,494 shares and 1,948,302,297.9 votes in the Bank, of which
1,944,777,165 class A shares, representing the same number of votes, and
35,251,329 class B shares, representing 3,525,132.9 votes. The Bank has no
holdings of own shares.

Processing of personal data

For information on how your personal data is processed, please see
https://www.euroclear.com/dam/ESw/Legal/Privacy-notice-bolagsstammor
-engelska.pdf

Stockholm in September 2021

Svenska Handelsbanken AB (publ)
502007-7862
Registered office: Stockholm

THE BOARD OF DIRECTORS

This document is a translation of the Swedish original. In the event of
discrepancies, the Swedish original shall prevail.

www.handelsbanken.com

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© Oslo Bors ASA, source Oslo Stock Exchange