Corporate governance

Management and control

Corporate governance in the Handelsbanken Group is aimed at creating a clear, fit-forpurpose organisational structure which ensures that operations can be carried out in a sound, effective manner and in accordance with external and internal rules. Corporate governance also aims to facilitate effective monitoring and management of the risks that arise in operations. A clear allocation of responsibilities creates the prerequisites for a high level of internal control, risk control and compliance. Good governance must run through all operations.

Handelsbanken applies the Swedish Code of Corporate Governance without deviations. The Code is available from the Swedish Corporate Governance Board, www.bolagsstyrning.se.

Auditors

The shareholders appoint external auditors at the Annual General Meeting.

The 2026 Annual General Meeting resolved to re-elect Öhrlings PricewaterhouseCoopers AB and Deloitte AB as auditors for the period until the end of the Annual General Meeting to be held in 2027.

The two auditors in charge are authorised public accountants Magnus Svensson Henryson (Öhrlings PricewaterhouseCoopers AB) and Malin Lüning (Deloitte AB).

When procuring consulting services from the companies which are responsible for auditing the Bank, the policy for the use of external auditors states that a special review must be made.

Remuneration

Performance-related remuneration is paid neither to the board members nor to the executive officers of the Bank. Like all employees of the Bank, the executive officers and board members who are employees of the Bank are included in the Oktogonen profit-sharing system.

Remuneration to the Board is presented in the Corporate Governance Report.

Information on the Bank's remuneration system and remuneration policy is available in the Annual and sustainability report.

Regulations for banking operations

The operations of Swedish banks are regulated by law, and banking operations may only be run with a licence from the Swedish Financial Supervisory Authority. The regulations for banking operations are very extensive.

The most important statutes include the Companies Act, the Banking and Financing Business Act, the Securities Markets Act, the Regulation of the European Parliament and of the Council on prudential requirements for credit institutions and investment firms (EU) 575/2013, the Act on Measures Against Money Laundering and the Financing of Terrorism, and extensive legislation on securities and insurance operations.

The Swedish Financial Supervisory Authority's regulatory code includes regulations and general guidelines regarding governance, risk management and control of financial undertakings and regulations governing investment services and activities.

For a list of laws and regulations relating to banking operations, see Swedish Financial Supervisory Authority's website Opens in a new window. (Not all available in English)

Operations outside Sweden are subject both to the Swedish regulations and to the host country's regulations, if these are stricter or in other respects deviate from Swedish or international rules.