Information from Handelsbanken

Regulatory News:

Handelsbanken (STO:SHBA)(STO:SHBB)  

As previously announced, (press release issued on 4 February 2015), Frank Vang-Jensen is to take up a position as the new President and Group Chief Executive of Handelsbanken on 25 March this year. Meanwhile, the current President and Group Chief Executive, Pär Boman, as previously announced, has been nominated by Handelsbanken’s Nomination Committee for election as Chairman of Handelsbanken’s Board of Directors.

Today, at his own initiative, Pär Boman has informed the Chairman of the Board Anders Nyrén that he wishes to terminate his employment at the Bank in conjunction with the Bank’s annual general meeting of shareholders.

After much deliberation and following discussions with many of the Bank’s major shareholders and others, Pär Boman has decided to take this course of action in order to secure a greater degree of independence for the role of Chairman of the Board.

For this reason, with the exception of a board fee, no remuneration will be paid by the Bank after 25 March.

In a comment, Anders Nyrén said: - The Board and I have been informed of Pär Boman's decision, which we naturally respect.

This information is of the type which Handelsbanken is obliged to make public according to the Swedish Securities Market Act. The information was submitted for publication on 18 March 2015 at 18.45 CET. For more information about Handelsbanken, see: www.handelsbanken.com (http://www.handelsbanken.se/)

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